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READ THIS! The Next Generation Of Chinese Counterfeits Have Arrived
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<p>[QUOTE="19Lyds, post: 2136684, member: 15929"]Hmmm.</p><p><br /></p><p>I realize that these have been deemed counterfeit and could very well have been made by our favorite "scape goat", the Chinese who are quite upfront with the fact that they make replica's and copies, but isn't the real criminal the one that buys these copies and then sells them as real?</p><p><br /></p><p>As for the "Chinese" or any other foreign government that produces their own coinage with their own presses or surplus US Presses, if they wanted to produce an undetectable counterfeit, then they certainly have the capability. And who really knows, maybe it's already happened? It was once said that if the perfect counterfeit coin was made whose quality was so good that ONLY the counterfeiter knew it was bogus, then would it really be a counterfeit?</p><p><br /></p><p>To me, the "biggest" threat to the coin collecting hobby is all the doubt and uncertainty that is being entertained across all the various coin forums. Uneducated folks take this "uncertainty" and apply it to valid US Coins simply because they do not know any better and do not have the proper tools for making an accurate determination.</p><p><br /></p><p>One poster said "I wonder how many years it will be before we are all doubting our coins authenticity?"</p><p><br /></p><p>For me, the answer is simply. UI bought my coins well before all this counterfeit scariness hit the various message boards and will always feel quite confident that "my coins" are authentic. Virtually every coin in my possession is quite authentic with the exception a 2 IKE's that I KNOW are counterfeits and a couple that I have purchased when this all began which I KNOW are counterfeits.</p><p><br /></p><p>I have no future doubts nor uncertainties for coins I may purchase in the future abd I feekl quite comfortable with that.</p><p><br /></p><p>As for the subject coin? Yes, its quite good and the only effect that the existence of such a coin will have on the hobby is if the TPG's and professional authenticators are fooled. Coins in reputable plastic have no fear of losing value.</p><p><br /></p><p>Jeez, look at the Micro S Morgans that made it past PCGS and NGC? These coin have retained their value as collectibles!</p><p><br /></p><p>While posts such as this are informative and NECESSARY, folks should use the information to "increase their knowledge" and understand that there are people out there that DO know the difference?</p><p><br /></p><p>Counterfeiting will ALWAYS be a problem in ANY collectible HOBBY as long as there are dummies that fall for it do to their own ignorance. The art world has many forgers and in any big city, you can buy a Rolex on the corner for $100 is you so desire. The same thing goes for Gucci, Louis Vuitton, and Calvin Klein!</p><p><br /></p><p>Educate yourself.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2136684, member: 15929"]Hmmm. I realize that these have been deemed counterfeit and could very well have been made by our favorite "scape goat", the Chinese who are quite upfront with the fact that they make replica's and copies, but isn't the real criminal the one that buys these copies and then sells them as real? As for the "Chinese" or any other foreign government that produces their own coinage with their own presses or surplus US Presses, if they wanted to produce an undetectable counterfeit, then they certainly have the capability. And who really knows, maybe it's already happened? It was once said that if the perfect counterfeit coin was made whose quality was so good that ONLY the counterfeiter knew it was bogus, then would it really be a counterfeit? To me, the "biggest" threat to the coin collecting hobby is all the doubt and uncertainty that is being entertained across all the various coin forums. Uneducated folks take this "uncertainty" and apply it to valid US Coins simply because they do not know any better and do not have the proper tools for making an accurate determination. One poster said "I wonder how many years it will be before we are all doubting our coins authenticity?" For me, the answer is simply. UI bought my coins well before all this counterfeit scariness hit the various message boards and will always feel quite confident that "my coins" are authentic. Virtually every coin in my possession is quite authentic with the exception a 2 IKE's that I KNOW are counterfeits and a couple that I have purchased when this all began which I KNOW are counterfeits. I have no future doubts nor uncertainties for coins I may purchase in the future abd I feekl quite comfortable with that. As for the subject coin? Yes, its quite good and the only effect that the existence of such a coin will have on the hobby is if the TPG's and professional authenticators are fooled. Coins in reputable plastic have no fear of losing value. Jeez, look at the Micro S Morgans that made it past PCGS and NGC? These coin have retained their value as collectibles! While posts such as this are informative and NECESSARY, folks should use the information to "increase their knowledge" and understand that there are people out there that DO know the difference? Counterfeiting will ALWAYS be a problem in ANY collectible HOBBY as long as there are dummies that fall for it do to their own ignorance. The art world has many forgers and in any big city, you can buy a Rolex on the corner for $100 is you so desire. The same thing goes for Gucci, Louis Vuitton, and Calvin Klein! Educate yourself.[/QUOTE]
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READ THIS! The Next Generation Of Chinese Counterfeits Have Arrived
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