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Modern counterfeit world coins... train your eyes, get your game up
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<p>[QUOTE="john59, post: 2138011, member: 73760"]The Chinese are counterfeiting literally millions of coins. Go to their websites in China and you can buy just about any date from any country you want. Whether it's silver, copper or gold. The big problem is the people who are buying it from the Chinese. The smarter ones let the rare dates go in slowly, and then you have the ones who try to dump them very quickly. Now with the obsession of wanting to store and stack silver just added a new outlet for the counterfeit coins. </p><p><br /></p><p>You see, even on this forum, legitimate reputable dealers have sold counterfeit coins supposedly by accident. Between online sales and flea markets, the outlet is tremendous and the quality is getting better and better every day.</p><p><br /></p><p>Take a look at some of the fake foreign proof coins. Cases identical, everything is identical. No one in their right mind is going to test it if it's silver. At least with an acid test. The hobby is under attack, how do you police this? I have no idea. Even seasoned collectors have been buying these fakes.[/QUOTE]</p><p><br /></p>
[QUOTE="john59, post: 2138011, member: 73760"]The Chinese are counterfeiting literally millions of coins. Go to their websites in China and you can buy just about any date from any country you want. Whether it's silver, copper or gold. The big problem is the people who are buying it from the Chinese. The smarter ones let the rare dates go in slowly, and then you have the ones who try to dump them very quickly. Now with the obsession of wanting to store and stack silver just added a new outlet for the counterfeit coins. You see, even on this forum, legitimate reputable dealers have sold counterfeit coins supposedly by accident. Between online sales and flea markets, the outlet is tremendous and the quality is getting better and better every day. Take a look at some of the fake foreign proof coins. Cases identical, everything is identical. No one in their right mind is going to test it if it's silver. At least with an acid test. The hobby is under attack, how do you police this? I have no idea. Even seasoned collectors have been buying these fakes.[/QUOTE]
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