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<p>[QUOTE=&quot;gxseries, post: 2140857, member: 4373&quot;]I question why people refuse to buy a catalog first especially when the coin purchased could be more than a couple of hundred dollars and the catalog could be bought for just a fraction of that. Ok, sometimes you may need a specialized catalog for certain coins. </p><p><br /></p><p>The real problem is this - once you publish anything that identify what are the problems, counterfeiters take this as a lesson to rectify their product. To them, it&#039;s business - to us it&#039;s a nightmare. </p><p><br /></p><p>The only thing that&#039;s common on ebay these days is sellers do a &quot;hit and run&quot; sale. Sellers open up a new account and sell counterfeit coins that&#039;s worth a fair amount of money (if they are genuine). Normally make a couple of grand before they disappear.</p><p><br /></p><p>Now here&#039;s the predicament - ebay takes 10% share and paypal takes another 3-4%. That&#039;s a fair bit of commission and this is a good reason why ebay doesn&#039;t really want their golden goose taken away. But who exactly are paying for all this? That&#039;s right, it&#039;s not the sellers but it&#039;s the buyers that lose out. The only time ebay / paypal will take serious action is when counterfeits are involved. That&#039;s only IF the buyers are able to identify the item(s) counterfeit. </p><p><br /></p><p>Unlike the case where luxury brands sued ebay a few years ago and ebay ended up having to toughen their act - coins or banknotes are a different matter. Mints or local monetary issuer may have legal course with recent issues but for anything that&#039;s issued a few decades ago, there is no recourse. To top it up, when you are dealing with foreign coins, it just makes it too difficult. </p><p><br /></p><p>The only solution that I can see is to flood the market with counterfeits, making people aware of them and educate the public. Literally using fire to fight fire.[/QUOTE]</p><p><br /></p>

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