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Same coin, $17,000 difference in holders
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<p>[QUOTE="TypeCoin971793, post: 4717844, member: 78244"]This is wrong and dangerous thinking.</p><p><br /></p><p>The 1957 cent “reproductions” do not have COPY stamped in them. What if someone buys them and tries selling them as real? That does not magically make them counterfeits. They started out as counterfeits despite being sold as “reproductions”. Counterfeits are defined as being a faithful representation of a genuine object without any intentional and obvious markers to indicate inauthenticity. These “reproductions” fit that description.</p><p><br /></p><p>The Chinese use the euphemism “reproduction” to make it more marketable than if it was called a “counterfeit.”</p><p><br /></p><p>The wholesale selling of these counterfeits, even when accurately described as such by the Chinese, is NOT okay because they can too easily be bought by individuals with nefarious intentions. I see them in dealers’ cases in every single coin show I visit because the dealers are not keeping up with the newest generations of counterfeits. I see over a dozen on eBay being sold as genuine <i>EVERY SINGLE DAY</i>, and I only look at a couple thousand of the tens of thousands of new listings every day. I’d bet good money that these COUNTERFEITS are costing collectors <i>MILLIONS</i> of dollars collectively every single year.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 4717844, member: 78244"]This is wrong and dangerous thinking. The 1957 cent “reproductions” do not have COPY stamped in them. What if someone buys them and tries selling them as real? That does not magically make them counterfeits. They started out as counterfeits despite being sold as “reproductions”. Counterfeits are defined as being a faithful representation of a genuine object without any intentional and obvious markers to indicate inauthenticity. These “reproductions” fit that description. The Chinese use the euphemism “reproduction” to make it more marketable than if it was called a “counterfeit.” The wholesale selling of these counterfeits, even when accurately described as such by the Chinese, is NOT okay because they can too easily be bought by individuals with nefarious intentions. I see them in dealers’ cases in every single coin show I visit because the dealers are not keeping up with the newest generations of counterfeits. I see over a dozen on eBay being sold as genuine [I]EVERY SINGLE DAY[/I], and I only look at a couple thousand of the tens of thousands of new listings every day. I’d bet good money that these COUNTERFEITS are costing collectors [I]MILLIONS[/I] of dollars collectively every single year.[/QUOTE]
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Same coin, $17,000 difference in holders
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