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Modern counterfeit world coins... train your eyes, get your game up
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<p>[QUOTE="john59, post: 2168204, member: 73760"]I agree with you that these are beyond the cheap ones. But even the cheap ones now are better quality than ever. I'm not amazed at the prices they're getting. A lot of new people are coming into the collecting field. When a genuine one is being sold for say $800 and you have one up for auction for $400, with so many new collectors they think they're getting a bargain. Plus I have seen established dealers put up a fake every now and then saying "I'm not sure if it's genuine" and you see that some do go for good prices. So even the dealers are cashing in on this. </p><p><br /></p><p>Just a little note: the big thing in stamp collecting now is the 1980 China monkey stamp. When this stamp came out it was less than a dollar. Now it's over a thousand dollars. The thing that amazes us, at least in stamp collecting, 90% of the ones on ebay are fake and the trusted dealers that sell them are from China! The Chinese stamp market is unbelievably hot. Here in the US, across Europe and China. Most of the large auctions are done in Hong Kong. This is just one stamp of many from 1980s that are in the thousands. I don't know how good the Chinese coin market is.</p><p><br /></p><p><img src="http://i.imgur.com/8uITkT2.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="john59, post: 2168204, member: 73760"]I agree with you that these are beyond the cheap ones. But even the cheap ones now are better quality than ever. I'm not amazed at the prices they're getting. A lot of new people are coming into the collecting field. When a genuine one is being sold for say $800 and you have one up for auction for $400, with so many new collectors they think they're getting a bargain. Plus I have seen established dealers put up a fake every now and then saying "I'm not sure if it's genuine" and you see that some do go for good prices. So even the dealers are cashing in on this. Just a little note: the big thing in stamp collecting now is the 1980 China monkey stamp. When this stamp came out it was less than a dollar. Now it's over a thousand dollars. The thing that amazes us, at least in stamp collecting, 90% of the ones on ebay are fake and the trusted dealers that sell them are from China! The Chinese stamp market is unbelievably hot. Here in the US, across Europe and China. Most of the large auctions are done in Hong Kong. This is just one stamp of many from 1980s that are in the thousands. I don't know how good the Chinese coin market is. [IMG]http://i.imgur.com/8uITkT2.jpg[/IMG][/QUOTE]
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Modern counterfeit world coins... train your eyes, get your game up
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