Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Fake Counterfeit Coin Question
>
Reply to Thread
Message:
<p>[QUOTE="doug5353, post: 2143795, member: 73555"]No, I don't and I never said that, and you deliberately twisted my words. My response reflected the original "idea" to create a petition. You are very naive to think that any great quantity of counterfeits (of the type we're discussing) are products of the U.S.; Chinese manufactures may be drop-shipped here for distribution, but China has unbeatable advantages -- cheap labor, plentiful silver, and quiet encouragement from the (Chinese) government.</p><p><br /></p><p>Besides, we're talking numismatic counterfeits here -- <u>spendable</u> fake U.S. currency, which you lumped into the mix, is a whole different issue. Rather surprising where the top producers are:</p><p><br /></p><p>"...With its meticulous criminal craftsmen, cheap labor and, by some accounts, less effective law enforcement, Peru has in the past two years overtaken Colombia as the No. 1 source of counterfeit U.S. dollars, says the U.S. Secret Service, protector of the world's most widely traded currency..."</p><p><br /></p><p>Before China (the PROBLEM) got into this business 10 or 15 years ago, I'm sure the majority of counterfeit numismatic coins originated in the U.S., as you said, or Russia/Eastern Europe. Now those sources can't begin to compete on <u>price, technique, or capacity</u>. And the U.S. is in no position to force the issue. Nobody cares.</p><p><br /></p><p>If Steve Roach of Coin World schedules a talk (on Chinese counterfeits) at a club near you, go have a listen.</p><p><br /></p><p>Quote: "Yes, China has a large market share of counterfeits that we currently see, but they are by no means the only source." Hmm, looks like China IS the problem, the biggest problem, the industry leader.</p><p><br /></p><p>Quote: "The ONLY way to do that is to educate the consumers..." (exactly what I implied) >> It's like drugs - go after the buyers...but in addition to educating them, confiscate any the Feds find. That oughta keep 'em busy a few years.[/QUOTE]</p><p><br /></p>
[QUOTE="doug5353, post: 2143795, member: 73555"]No, I don't and I never said that, and you deliberately twisted my words. My response reflected the original "idea" to create a petition. You are very naive to think that any great quantity of counterfeits (of the type we're discussing) are products of the U.S.; Chinese manufactures may be drop-shipped here for distribution, but China has unbeatable advantages -- cheap labor, plentiful silver, and quiet encouragement from the (Chinese) government. Besides, we're talking numismatic counterfeits here -- [U]spendable[/U] fake U.S. currency, which you lumped into the mix, is a whole different issue. Rather surprising where the top producers are: "...With its meticulous criminal craftsmen, cheap labor and, by some accounts, less effective law enforcement, Peru has in the past two years overtaken Colombia as the No. 1 source of counterfeit U.S. dollars, says the U.S. Secret Service, protector of the world's most widely traded currency..." Before China (the PROBLEM) got into this business 10 or 15 years ago, I'm sure the majority of counterfeit numismatic coins originated in the U.S., as you said, or Russia/Eastern Europe. Now those sources can't begin to compete on [U]price, technique, or capacity[/U]. And the U.S. is in no position to force the issue. Nobody cares. If Steve Roach of Coin World schedules a talk (on Chinese counterfeits) at a club near you, go have a listen. Quote: "Yes, China has a large market share of counterfeits that we currently see, but they are by no means the only source." Hmm, looks like China IS the problem, the biggest problem, the industry leader. Quote: "The ONLY way to do that is to educate the consumers..." (exactly what I implied) >> It's like drugs - go after the buyers...but in addition to educating them, confiscate any the Feds find. That oughta keep 'em busy a few years.[/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
>
US Coins Forum
>
Fake Counterfeit Coin Question
>
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...