Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Here's a scary thought.
>
Reply to Thread
Message:
<p>[QUOTE="Numismania, post: 1923903, member: 28971"]Conder...I totally agree with your comment regarding the buyer needing to know the difference between an authentic slab, vs. a fake. As of now, the only thing that really stands out, at quick glance, to my eyes, is the font and letter/number placement on the cert, and the 'casual' collector, that just 'buys the holder', will not be any wiser, and get taken to town. Should they EVER get THAT 'down pat', it's going to make things very dicey, and could cast a very large cloud over our hobby. They have really ramped up their work on trying to duplicate U.S. coinage, and have been doing a much better job making a good, passable, product manufactured, much better than what we were seeing just a few years ago. Now, their focus is on slabs. Heaven help us if they really get to the point of being able to duplicate, exactly, with proper metal content, a coin and putting them into a counterfeit slab that has the proper font and placement of letters/numbers on these fake certs. They've been working very hard, and I feel it's only a matter of time until they DO get it 'down pat'. The only saving grace would be the bar code, and those can, and eventually will be, next on their agenda. Of course, this doesn't help those who aren't 'well versed' in what the Chinese are doing, and have already spent good money for these fakes. I could say it's the buyer's own fault, but the Chinese are getting very good, and those who don't 'do their homework' will get pounded. We've seen it happen, are seeing it happen, and will continue to see it happen. And there's not a damn thing we, as collectors, can do about it, except keep, and stay, informed of the progress they are making with these bogus pieces (and bogus slabs). The always-advancing progress the Chinese counterfeiter's keep making, will continue to progress until their product IS a perfect example. It's getting scary.[/QUOTE]</p><p><br /></p>
[QUOTE="Numismania, post: 1923903, member: 28971"]Conder...I totally agree with your comment regarding the buyer needing to know the difference between an authentic slab, vs. a fake. As of now, the only thing that really stands out, at quick glance, to my eyes, is the font and letter/number placement on the cert, and the 'casual' collector, that just 'buys the holder', will not be any wiser, and get taken to town. Should they EVER get THAT 'down pat', it's going to make things very dicey, and could cast a very large cloud over our hobby. They have really ramped up their work on trying to duplicate U.S. coinage, and have been doing a much better job making a good, passable, product manufactured, much better than what we were seeing just a few years ago. Now, their focus is on slabs. Heaven help us if they really get to the point of being able to duplicate, exactly, with proper metal content, a coin and putting them into a counterfeit slab that has the proper font and placement of letters/numbers on these fake certs. They've been working very hard, and I feel it's only a matter of time until they DO get it 'down pat'. The only saving grace would be the bar code, and those can, and eventually will be, next on their agenda. Of course, this doesn't help those who aren't 'well versed' in what the Chinese are doing, and have already spent good money for these fakes. I could say it's the buyer's own fault, but the Chinese are getting very good, and those who don't 'do their homework' will get pounded. We've seen it happen, are seeing it happen, and will continue to see it happen. And there's not a damn thing we, as collectors, can do about it, except keep, and stay, informed of the progress they are making with these bogus pieces (and bogus slabs). The always-advancing progress the Chinese counterfeiter's keep making, will continue to progress until their product IS a perfect example. It's getting scary.[/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
>
Here's a scary thought.
>
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...