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Latest fakes out of China (by way of Burlington MI)
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<p>[QUOTE="GeorgeM, post: 8303254, member: 28550"]For a while now, I've been seeing banner ads for wildly underpriced coins that are obvious fakes. I've tried reporting them, flagging them for review, and even blocking the worst offenders. But, they just change names & keep trying to fleece people. </p><p><br /></p><p>About a month ago, I placed an order for about $1,500 of coins (which would have been worth more than $10,000 if real). The shipment took longer to get here than they'd advertised (the seller claimed it was shipping from the US, but neglected to mention it was being forwarded from China first, according to the tracking). Based on those details, PayPal Credit refunded it while the shipment was still in transit.</p><p><br /></p><p>The latest from the coin mills are an interesting mix of good eye appeal (passing at least cursory examination) & clever metallurgy. The ASEs, 2021 Morgans & 2021 Peace Dollars are only mildly magnetic (checked with a rare earth magnet, they budged but didn't stick). The Kangaroos & silver colored "gold Maples" might as well have been pure iron - they jumped onto the magnet even with plastic capsules on. </p><p><br /></p><p>Diameter & thickness on them seem right, but their weight is a bit light: 22g on the Peace dollars, 24g on the ASEs, 30g on the Kangaroos & Maples. </p><p><br /></p><p>[ATTACH=full]1469305[/ATTACH] [ATTACH=full]1469306[/ATTACH] [ATTACH=full]1469307[/ATTACH] [ATTACH=full]1469308[/ATTACH] [ATTACH=full]1469309[/ATTACH] [ATTACH=full]1469310[/ATTACH] [ATTACH=full]1469311[/ATTACH] [ATTACH=full]1469312[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="GeorgeM, post: 8303254, member: 28550"]For a while now, I've been seeing banner ads for wildly underpriced coins that are obvious fakes. I've tried reporting them, flagging them for review, and even blocking the worst offenders. But, they just change names & keep trying to fleece people. About a month ago, I placed an order for about $1,500 of coins (which would have been worth more than $10,000 if real). The shipment took longer to get here than they'd advertised (the seller claimed it was shipping from the US, but neglected to mention it was being forwarded from China first, according to the tracking). Based on those details, PayPal Credit refunded it while the shipment was still in transit. The latest from the coin mills are an interesting mix of good eye appeal (passing at least cursory examination) & clever metallurgy. The ASEs, 2021 Morgans & 2021 Peace Dollars are only mildly magnetic (checked with a rare earth magnet, they budged but didn't stick). The Kangaroos & silver colored "gold Maples" might as well have been pure iron - they jumped onto the magnet even with plastic capsules on. Diameter & thickness on them seem right, but their weight is a bit light: 22g on the Peace dollars, 24g on the ASEs, 30g on the Kangaroos & Maples. [ATTACH=full]1469305[/ATTACH] [ATTACH=full]1469306[/ATTACH] [ATTACH=full]1469307[/ATTACH] [ATTACH=full]1469308[/ATTACH] [ATTACH=full]1469309[/ATTACH] [ATTACH=full]1469310[/ATTACH] [ATTACH=full]1469311[/ATTACH] [ATTACH=full]1469312[/ATTACH][/QUOTE]
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Latest fakes out of China (by way of Burlington MI)
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