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Just got the elusive 1916 Barber Half....
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<p>[QUOTE="GDJMSP, post: 2172959, member: 112"]You sure about that ? That exact and very specific point has already been ruled on by the FTC. And it was long ago.</p><p><br /></p><p>In 1977 there was an FTC decision and order handed down regarding what Gold Bullion International was doing. What were they doing ? They were producing and selling coins that never circulated nor were ever released, and were never used as a medium of exchange. They were doing the same thing you are doing Daniel, they were producing coins that looked exactly like genuine coins except for one thing - the date on them was changed by a single digit. For example, a genuine coin was dated 1888, so they changed the date on their coin to 1887 - a date that had never existed for that specific coin. In fact they did the same thing on several different coins. Another genuine coin had been dated 1889, so they dated theirs 1888, just to name a couple.</p><p><br /></p><p>The FTC determined that what Gold Bullion International was doing was in fact illegal. Here is a link to the FTC's actual Decision and Order - <a href="https://www.ftc.gov/sites/default/files/documents/commission_decision_volumes/volume-90/ftc_volume_decision_90_july_-_december_1977pages_350-449.pdf#page=62" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ftc.gov/sites/default/files/documents/commission_decision_volumes/volume-90/ftc_volume_decision_90_july_-_december_1977pages_350-449.pdf#page=62" rel="nofollow">https://www.ftc.gov/sites/default/files/documents/commission_decision_volumes/volume-90/ftc_volume_decision_90_july_-_december_1977pages_350-449.pdf#page=62</a></p><p><br /></p><p>And here is a direct quote on the matter from the FTC - </p><p><br /></p><p><i>“a deviation of one digit in the date on a coin is not likely to distinguish it sufficiently from the original to alert an ‘unsuspecting person of ordinary observation and care’ whom the criminal counterfeit law protects, let alone the ‘ignorant, unthinking and credulous’ who are not excluded from the protection of civil consumer law.” The Commission went on to find “a purchaser lacking access to a manual…listing the precise dates of issue of the coins in question, might be fooled as to the authenticity of a coin identical in all respects but the date of the original issue”.</i> 196 F.T.C. at 222. </p><p><br /></p><p>These are <u>exactly</u> the points that I made in my earlier comments. <u>These are facts, not opinions.</u> This is a ruling made the government entity which has direct jurisdiction over this matter and which is responsible for enforcing it - the FTC.</p><p><br /></p><p>So not only are you wrong in your assumptions and opinions about what you do, there is legal precedent specifically regarding what you do. All it would take for the FTC to come down on you, just like they did on GBI, is for somebody to complain about it.</p><p><br /></p><p>You might want to rethink your position Daniel.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2172959, member: 112"]You sure about that ? That exact and very specific point has already been ruled on by the FTC. And it was long ago. In 1977 there was an FTC decision and order handed down regarding what Gold Bullion International was doing. What were they doing ? They were producing and selling coins that never circulated nor were ever released, and were never used as a medium of exchange. They were doing the same thing you are doing Daniel, they were producing coins that looked exactly like genuine coins except for one thing - the date on them was changed by a single digit. For example, a genuine coin was dated 1888, so they changed the date on their coin to 1887 - a date that had never existed for that specific coin. In fact they did the same thing on several different coins. Another genuine coin had been dated 1889, so they dated theirs 1888, just to name a couple. The FTC determined that what Gold Bullion International was doing was in fact illegal. Here is a link to the FTC's actual Decision and Order - [url]https://www.ftc.gov/sites/default/files/documents/commission_decision_volumes/volume-90/ftc_volume_decision_90_july_-_december_1977pages_350-449.pdf#page=62[/url] And here is a direct quote on the matter from the FTC - [I]“a deviation of one digit in the date on a coin is not likely to distinguish it sufficiently from the original to alert an ‘unsuspecting person of ordinary observation and care’ whom the criminal counterfeit law protects, let alone the ‘ignorant, unthinking and credulous’ who are not excluded from the protection of civil consumer law.” The Commission went on to find “a purchaser lacking access to a manual…listing the precise dates of issue of the coins in question, might be fooled as to the authenticity of a coin identical in all respects but the date of the original issue”.[/I] 196 F.T.C. at 222. These are [U]exactly[/U] the points that I made in my earlier comments. [U]These are facts, not opinions.[/U] This is a ruling made the government entity which has direct jurisdiction over this matter and which is responsible for enforcing it - the FTC. So not only are you wrong in your assumptions and opinions about what you do, there is legal precedent specifically regarding what you do. All it would take for the FTC to come down on you, just like they did on GBI, is for somebody to complain about it. You might want to rethink your position Daniel.[/QUOTE]
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Just got the elusive 1916 Barber Half....
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