Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Disturbed by Fakes and Replicas
>
Reply to Thread
Message:
<p>[QUOTE="desertgem, post: 703311, member: 15199"]No, you are not wrong in being concerned. Many collectors buy the replicas because they will never have a real one in their collection. Some buy them for study, some also buy them to defraud others. Some buy them because they are so new, they are easy targets. </p><p><br /></p><p>Dealers should be well concerned as tests have shown that they are just as easily fooled as many collectors, same on the slabs. There are ways to make slabs more secure from faking, but they are more expensive than just molding the holders. Since any guarantees by TPG companies don't apply to fake slabs, perhaps they are concerned, but maybe not as much as you or I that would bear the financial burden. Maybe someday, they will raise fees and change slabbing.</p><p><br /></p><p>To see the future for authenticating coins, check the article "Sourcing the cent" in the Numismatist , July 2009. It will be hard to fake isotope analysis for metals used in coining, (copper, silver, gold), can be determined. Sure, the counterfeiters can melt old cents to make replica, but this will be much more difficult to obtain and financially support. Other newer mechanisms of identifying the origin of the metal will be developed for coinage also. If the copper in a US Cent has the isotope contents found from Eastern Asia, it should certainly be considered counterfeit.</p><p><br /></p><p>However until the US government stops allowing China to legally ( in China) make and export these coins, there isn't much one can do to stop it. Knowledge will still be the best defense.IMO</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 703311, member: 15199"]No, you are not wrong in being concerned. Many collectors buy the replicas because they will never have a real one in their collection. Some buy them for study, some also buy them to defraud others. Some buy them because they are so new, they are easy targets. Dealers should be well concerned as tests have shown that they are just as easily fooled as many collectors, same on the slabs. There are ways to make slabs more secure from faking, but they are more expensive than just molding the holders. Since any guarantees by TPG companies don't apply to fake slabs, perhaps they are concerned, but maybe not as much as you or I that would bear the financial burden. Maybe someday, they will raise fees and change slabbing. To see the future for authenticating coins, check the article "Sourcing the cent" in the Numismatist , July 2009. It will be hard to fake isotope analysis for metals used in coining, (copper, silver, gold), can be determined. Sure, the counterfeiters can melt old cents to make replica, but this will be much more difficult to obtain and financially support. Other newer mechanisms of identifying the origin of the metal will be developed for coinage also. If the copper in a US Cent has the isotope contents found from Eastern Asia, it should certainly be considered counterfeit. However until the US government stops allowing China to legally ( in China) make and export these coins, there isn't much one can do to stop it. Knowledge will still be the best defense.IMO Jim[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Disturbed by Fakes and Replicas
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...