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This can't be good for the Brand, or no end in sight...
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<p>[QUOTE="KBBPLL, post: 24574009, member: 104064"]I know it's a pipe dream, but those "experts" should vet every coin that gets posted there before it's allowed. They've been skirting the law for years by looking the other way and playing dumb. The Hobby Protection Act says "It shall be a violation of the Act and the regulations promulgated thereunder for a person to provide substantial assistance or support to any manufacturer, importer, or seller of imitation numismatic items, or to any manufacturer or importer of imitation political items, if that person knows or should have known that the manufacturer, importer, or seller is engaged in any practice that violates the Act."</p><p><br /></p><p>They <i>know </i>that they're providing a platform for the sale of counterfeits. Their platform is enormously profitable. I don't know if there have been any legal cases setting precedent on this, but they seem to get away with it because there's no requirement to <i>proactively </i>vet these fakes. They (apparently) don't do a thing until someone reports it, and even then it seems to take a special connection like Jack to get them to do anything about it. The law needs more teeth.</p><p><br /></p><p>Rant off.[/QUOTE]</p><p><br /></p>
[QUOTE="KBBPLL, post: 24574009, member: 104064"]I know it's a pipe dream, but those "experts" should vet every coin that gets posted there before it's allowed. They've been skirting the law for years by looking the other way and playing dumb. The Hobby Protection Act says "It shall be a violation of the Act and the regulations promulgated thereunder for a person to provide substantial assistance or support to any manufacturer, importer, or seller of imitation numismatic items, or to any manufacturer or importer of imitation political items, if that person knows or should have known that the manufacturer, importer, or seller is engaged in any practice that violates the Act." They [I]know [/I]that they're providing a platform for the sale of counterfeits. Their platform is enormously profitable. I don't know if there have been any legal cases setting precedent on this, but they seem to get away with it because there's no requirement to [I]proactively [/I]vet these fakes. They (apparently) don't do a thing until someone reports it, and even then it seems to take a special connection like Jack to get them to do anything about it. The law needs more teeth. Rant off.[/QUOTE]
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This can't be good for the Brand, or no end in sight...
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