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<p>[QUOTE="Ed23, post: 2047007, member: 32117"]Every time an American travels to China (the Olympics were big) unknowing people buy old coins that someone "found in their grandfather's things" when he died that they are willing to sell for a souvenir to a "new friend" ... I was reading in one coin magazine that the feds shut down a huge Chinese counterfeit trafficking operation, and that was just a couple of years ago. So they do sell them to people to sell to others, and I'm sure the Feds haven't shut down every counterfeiting ring out of China.</p><p><br /></p><p>As for the Chinese having a website that sells coins as genuine which are fakes I can't say they do or they don't. One only has to look at eBay to find a few coin dealers from China. If they have real or genuine coins I can't say since I do not buy anything from a dealer in China. But there are also numerous dealers who are in other countries around the world who also sell coins. One must ask, do they buy their coins from China, or, do they make their own fakes, or, are they selling only real coins? There are plenty of scumbag American based coin dealers on eBay who sell fakes or copies without ever buying from outside the US; a good guide to know who to avoid is to always check their feedback before buying.</p><p><br /></p><p>Today, eBay has mostly cleaned up their sellers and is open to getting money back from sellers who are taken advantage of. I both buy and sell on eBay and like what they've done to insure people are taken care of who shop eBay.</p><p><br /></p><p>But as I said above, the buyer has to know they have been taken or "eBay having their back" does them no good. And too many new buyers don't ask questions of local dealers they can talk to face to face with about the coin they bought until it's too late to return it, or, they have taken so long to seek advice about a coin purchase they don't remember who, where or when they bought the coin in question.[/QUOTE]</p><p><br /></p>
[QUOTE="Ed23, post: 2047007, member: 32117"]Every time an American travels to China (the Olympics were big) unknowing people buy old coins that someone "found in their grandfather's things" when he died that they are willing to sell for a souvenir to a "new friend" ... I was reading in one coin magazine that the feds shut down a huge Chinese counterfeit trafficking operation, and that was just a couple of years ago. So they do sell them to people to sell to others, and I'm sure the Feds haven't shut down every counterfeiting ring out of China. As for the Chinese having a website that sells coins as genuine which are fakes I can't say they do or they don't. One only has to look at eBay to find a few coin dealers from China. If they have real or genuine coins I can't say since I do not buy anything from a dealer in China. But there are also numerous dealers who are in other countries around the world who also sell coins. One must ask, do they buy their coins from China, or, do they make their own fakes, or, are they selling only real coins? There are plenty of scumbag American based coin dealers on eBay who sell fakes or copies without ever buying from outside the US; a good guide to know who to avoid is to always check their feedback before buying. Today, eBay has mostly cleaned up their sellers and is open to getting money back from sellers who are taken advantage of. I both buy and sell on eBay and like what they've done to insure people are taken care of who shop eBay. But as I said above, the buyer has to know they have been taken or "eBay having their back" does them no good. And too many new buyers don't ask questions of local dealers they can talk to face to face with about the coin they bought until it's too late to return it, or, they have taken so long to seek advice about a coin purchase they don't remember who, where or when they bought the coin in question.[/QUOTE]
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