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<p>[QUOTE="Numismat, post: 1851998, member: 15019"]If the hobby is to survive then people need to stop relying on looking for inconsistencies because the best counterfeits don't have them. I don't believe that high end counterfeits will kill the hobby per say, but they will most certainly hurt the value of many coin types by their sheer volume of availability. That is something that collectors that have kept coins for a while will feel the brunt of.</p><p>And high end coins are not the only target. Lately I see plenty of common, yet high grade, Morgan dollars or Mexican 8 reales or Japanese silver yen that go for $40-$50 which are counterfeited with the same level of quality as 1790's US type coins. It's $15 worth of silver, and when there are tens of thousands of them being cranked out the production cost added to the silver price is minimal.</p><p><br /></p><p>As far as I'm concerned the counterfeiters won the battle about 2 to 4 years ago, depending on what you collect.[/QUOTE]</p><p><br /></p>
[QUOTE="Numismat, post: 1851998, member: 15019"]If the hobby is to survive then people need to stop relying on looking for inconsistencies because the best counterfeits don't have them. I don't believe that high end counterfeits will kill the hobby per say, but they will most certainly hurt the value of many coin types by their sheer volume of availability. That is something that collectors that have kept coins for a while will feel the brunt of. And high end coins are not the only target. Lately I see plenty of common, yet high grade, Morgan dollars or Mexican 8 reales or Japanese silver yen that go for $40-$50 which are counterfeited with the same level of quality as 1790's US type coins. It's $15 worth of silver, and when there are tens of thousands of them being cranked out the production cost added to the silver price is minimal. As far as I'm concerned the counterfeiters won the battle about 2 to 4 years ago, depending on what you collect.[/QUOTE]
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