now this is disturbing

Selling fake U.S., world and Chinese coins worldwide

Liu Ciyun (who prefers to be known by his eBay handle, “Jinghuashei”) is a typical young upwardly-mobile Chinese suburbanite. Married, with a 2-year-old son, Jinghuashei has worked hard the past few years to build a business.

Like most legitimate businessmen, Jinghuashei operates within the laws of his country, and has earned official certification for his small production facility, which employs up to 30 people. The products he sells are properly licensed, where appropriate, and absolutely, 100 percent legal to produce and sell in China.


read more here

and lmk your thoughts

http://www.numisnews.tv/Chinese-coin-counterfeit-legal-in-China.htm

 

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Coin World ran this two-part article recently. Yes, it is disturbing. All the more reason to get yourself educated regarding counterfeits.

 

or to finish the collection quickly so you can move on to world coins

 

My two emotions on this practice are sadness and anger.

Sadness that a wonderful part of the heritage of US coins is being debased in such a way.

Anger that he can get away with it.

As a coin collector, I almost feel violated.

 

if we dont finish our collection soon there might be trouble the coin market might even tank

 

It appears that one must be an expert in ones chosen field of coins in order to escape these problems. But I looked him up on ebay. Some of his reproductions appear most unconvincing, including his barber dimes (my speciality) and other coins with heavy wear that are still sharply struck. So the battle continues.

 

Well, the Chinese have certainly embraced capitalism.... there are many more sellers on eBay right now, selling "replicas" that are as good or better than Mr. "J's". And they are only going to get better. One of the biggest problems (despite what they tell you) is the lack of the "copy" (or in this case "replica") stamp. I've purchased study pieces from at least six sellers, and only one had stamped his coins. Plus the fact is that the quality has improved dramatically. I took one of the 90% silver dollars I received to my local coin shop, where it was examined by both owners and declared genuine. Now that is scary...

 

i don't find it disturbing. it is very easy to figure out fake. weight reduce. some size reduce. some thinner. the date were sometimes wrong or not existing at all. it doesn't look real. sound don't like silver that nice. it was stated copy or replica for some. it was very cheap. i bought some for 25 cent each. currently price hiked to 33 cent and some at 50 cent each. it was fun to play around it. while the new uncirculated silver dollar from the mint were encapsulated and advise not to open, not to hold it, not to touch it and not to play around it. well. of course don't be stupid to pay more than a dollar each.

p.s. just enjoy it. after all almost everything is made in china. even chinese panda might be better than american eagle or buffalo. the only different is that chinese panda is more expensive that kill them.

 

Well, there are fakes, and there are fakes. The last 4 fake trade dollars I have handled were the correct weight and diameter, and required close scrutiny to out them. These guys crank out a lot of fakes, but if they slow down a bit and take their time, they can produce some pretty convincing stuff. Before ICG was sold, one of the graders wrote in CW that they had seen some high grade, common-date Morgans that were so good only problems with the luster gave them away. The forgers have learned to make good copies of worn, key date coins, and some of them are aged convincingly.

 

One of the major problems today... the Chinese (among others) are doing our manufacturing for us. I'm a mechanical engineer; we design a product, prototype it, then can't compete economically with the Chinese. They can deliver a product to the U.S. (ready for installation) for less than what we pay for the price of steel alone. I've been in manufacturing for thirty-nine years and can see the writing on the wall. It's sad really....

 

I spent 20 years in Africa and became a very minor collector of African Masks. Same thing.

You can find a zillion people to hand make the mask. Now the trick was to "wear it down" so it would look like it was 75 years old. Absolutely no science involved at all. Put a bunch of 'em in burlap bags, hang them from the rafter and when someone didn't have anything to do, go up to the bag and mish-mash them around. Do this for a few weeks. Throw away the bad ones and the remaining ones look legit.

It almost gets philosophical. When the experts can't tell a fake from the real thing, what's the difference?

 

u r right thats why to finish the collection and shut shop

 

amen........

 

i wonder what GD has to say. We can never find him these days maybe if i write a poem about counterfeits he will come to this thread. yoohoo GD come here and shed some light

 

focus GD focus. What do you think we should do about this counterfeit problem before it becomes much worse?

 

now hear me out. to the best of my knowledge a perfect fake has never been made but what happens with improved technology in lets say 5 years time if they are able to make perfect fakes. what do you propose then?

 

I'm suprised to took this long...really..how hard is it to copy what the mint is doing?


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