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<p>[QUOTE=&quot;gxseries, post: 2157850, member: 4373&quot;]Crazy times ahead of us. There definitely is a need to start spending some serious money on this to counter counterfeits. This needs to be a multiprong attack - new technology on identifying counterfeits, educating the public on counterfeits and eradicate counterfeit rings. That said, I understand that it&#039;s not necessarily wise to post every single detail of why a coin is counterfeit as it&#039;s essentially a free lesson for counterfeiters to fix their flaw, which increases their likelihood of producing more perfect counterfeits. </p><p><br /></p><p>A lot of simple suggestions are already redundant such as weigh test, magnetic, judging sellers based on location etc. Sure it will work against basic counterfeits made a few years ago but we are not preparing of what&#039;s going to happen. The era of bashing other nations over counterfeits is over. Counterfeits are coming right in your hands literally. </p><p><br /></p><p>As long as there&#039;s big money involved, there&#039;s always crooks eager to make money. So have we solved the following - illicit drugs, adulteration, scam etc? I don&#039;t think so. It really comes down to how you make the lives of such crooks absolutely hell for them to give up. Sure, you can talk about laws but the crooks are always one step ahead. Regardless of how strict the laws may be, which may include the death penalty, they have the mentality that they can get away with it, it&#039;s business as usual. </p><p><br /></p><p>In my opinion, the leaders of detecting counterfeits, in this instance would be the top TPGs should play a bigger role in keeping records of such counterfeits. They should also play an active role in recalling slabbed counterfeits. Somewhat similar to what&#039;s happening to car industry. Secondly, there has to be a way to make the cost of counterfeiting slabs more expensive and more difficult. Perhaps a combination of QR code and eurion constellation on a slab can be interesting - a camera allows it to directly link to TPGs database and shows further details of the coin however does not allow a scanner to scan the exact details. Even if counterfeiters successfully copy and replicate QR code, they will need hackers to do everything else. The whole idea is to make counterfeiter operation a whole lot more expensive. That said, a somewhat similar operation is happening in China to thwart counterfeit goods. No reason why this cannot be applied to slabs in particular for coins that&#039;s worth more than thousands of dollars.[/QUOTE]</p><p><br /></p>

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