Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Verify certified coins before purchasing
>
Reply to Thread
Message:
<p>[QUOTE="Jim K, post: 3568862, member: 91282"]Thanks to everyone who posted replies to this thread. I and grateful for everyones input.</p><p><br /></p><p>Yes, it can be dangerous buying coins from China, Korea, and other foreign countries. Many counterfeits are produced there. I assume that is because its impossible for the USA to prosecute counterfeiters in countries we have no authorty in.</p><p><br /></p><p>I have purchased decent coins from China and other countries in the past, but I have done so with the expectation that they are 'fantasy' or 'souvenir' coins, and they are advertised as such.. (Got a nice 1894-S Barber fantasy coin for $7.99, just to fill that particular hole in my Barber binder). </p><p><br /></p><p>If you do your homework, and use the resources that are available, it makes it easier to avoid an embarrassing and very costly experience.</p><p><br /></p><p>Other words of wisdom when buying coins online.......</p><p><br /></p><p>Be careful when buying a rare or hard to find coin when the seller has many of them for sale and uses a "STOCK" photo. Unless its a common issue, like a 2019 P or D quarter, there is no reason for a seller to use a stock photo when advertising their coin. Again, that only applies to a rare coin, like an 1889-CC Morgan, or a 2000-P Cheerios Sacagawea dollar as examples.</p><p><br /></p><p>Ask questions of the seller, like the weight of the coin, its dimensions, & composition. I see a lot of coins that may say something like "1965 silver dime". Yes, its color is silver, but its composition is not. Beware when the seller tries to mislead people with information like that.</p><p><br /></p><p>No returns accepted can be a red flag if the listng is misleading. While many reputable dealers do not accept returns, they generally will anyway as long as the coin has not been damaged or replaced, and is returned in the EXACT same condition as when the seller shipped it; AND if their listing had an error in it, and the coin purchased is clearly not what was pictured and/or described.</p><p><br /></p><p>Ask for additional pictures, if needed. Most sellers want your business, and have no issues provding more detailed photos of the coins they are selling.</p><p><br /></p><p>I am sure I have not covered all the bases here, so if you have other suggestions, they are most welcome.</p><p><br /></p><p>Being disabled, its impossible for me to visit coin stores, dealers, or conventions. So my preferred way of adding to my collection is via the internet. However, there really is no substitute for walking into a coin store, with jewelers loupe in hand, and examining coins up close and personal, before buying.</p><p><br /></p><p>Good luck and happy hunting folks. Thanks for all the posts! Awesome!!!![/QUOTE]</p><p><br /></p>
[QUOTE="Jim K, post: 3568862, member: 91282"]Thanks to everyone who posted replies to this thread. I and grateful for everyones input. Yes, it can be dangerous buying coins from China, Korea, and other foreign countries. Many counterfeits are produced there. I assume that is because its impossible for the USA to prosecute counterfeiters in countries we have no authorty in. I have purchased decent coins from China and other countries in the past, but I have done so with the expectation that they are 'fantasy' or 'souvenir' coins, and they are advertised as such.. (Got a nice 1894-S Barber fantasy coin for $7.99, just to fill that particular hole in my Barber binder). If you do your homework, and use the resources that are available, it makes it easier to avoid an embarrassing and very costly experience. Other words of wisdom when buying coins online....... Be careful when buying a rare or hard to find coin when the seller has many of them for sale and uses a "STOCK" photo. Unless its a common issue, like a 2019 P or D quarter, there is no reason for a seller to use a stock photo when advertising their coin. Again, that only applies to a rare coin, like an 1889-CC Morgan, or a 2000-P Cheerios Sacagawea dollar as examples. Ask questions of the seller, like the weight of the coin, its dimensions, & composition. I see a lot of coins that may say something like "1965 silver dime". Yes, its color is silver, but its composition is not. Beware when the seller tries to mislead people with information like that. No returns accepted can be a red flag if the listng is misleading. While many reputable dealers do not accept returns, they generally will anyway as long as the coin has not been damaged or replaced, and is returned in the EXACT same condition as when the seller shipped it; AND if their listing had an error in it, and the coin purchased is clearly not what was pictured and/or described. Ask for additional pictures, if needed. Most sellers want your business, and have no issues provding more detailed photos of the coins they are selling. I am sure I have not covered all the bases here, so if you have other suggestions, they are most welcome. Being disabled, its impossible for me to visit coin stores, dealers, or conventions. So my preferred way of adding to my collection is via the internet. However, there really is no substitute for walking into a coin store, with jewelers loupe in hand, and examining coins up close and personal, before buying. Good luck and happy hunting folks. Thanks for all the posts! Awesome!!!![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Verify certified coins before purchasing
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...