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<p>[QUOTE="Numismat, post: 2020166, member: 15019"]The above post by gxseries is the best possible explanation one can hope to get.</p><p><br /></p><p>The links posted here are accounts that list high end counterfeit coins for sale. Many of these coins are correct weight and material, though they do mix in cheaper genuine coins to make the overall presentation more convincing. We are talking about fake silver and gold coins that cost bullion value + a small production overhead cost to manufacture, but sell for a huge profit. But it's not just fake gold/silver, there are plenty of fakes of non-precious metal coins being offered as well.</p><p>The biggest problem is that some of their best fakes make it past the TPG's. There was one really good Canadian 50 cent piece a while back (similar to one of the links above) from one such account that ICCS (the experts on Canadian coins) agreed to grade as genuine. Instances like that make me think the war on counterfeits is being lost. Too many people are simply complacent or don't believe it is happening. The reality is that people need to be very proactive on this issue if the hobby is to still be viable 20 years from now.[/QUOTE]</p><p><br /></p>
[QUOTE="Numismat, post: 2020166, member: 15019"]The above post by gxseries is the best possible explanation one can hope to get. The links posted here are accounts that list high end counterfeit coins for sale. Many of these coins are correct weight and material, though they do mix in cheaper genuine coins to make the overall presentation more convincing. We are talking about fake silver and gold coins that cost bullion value + a small production overhead cost to manufacture, but sell for a huge profit. But it's not just fake gold/silver, there are plenty of fakes of non-precious metal coins being offered as well. The biggest problem is that some of their best fakes make it past the TPG's. There was one really good Canadian 50 cent piece a while back (similar to one of the links above) from one such account that ICCS (the experts on Canadian coins) agreed to grade as genuine. Instances like that make me think the war on counterfeits is being lost. Too many people are simply complacent or don't believe it is happening. The reality is that people need to be very proactive on this issue if the hobby is to still be viable 20 years from now.[/QUOTE]
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