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<p>[QUOTE="KBBPLL, post: 26021463, member: 104064"]From what I've read it is not illegal to merely possess or purchase counterfeit currency/coins. You have to know it is fake and use it to purchase something with the intent of defrauding someone for it to violate state and federal counterfeiting laws. In the case of ebay (and other sites), the issue is knowingly facilitating the sale of counterfeit numismatic items, which is a violation of the US Hobby Protection Act. It's the <i>knowingly </i>part that is probably a stumbling block. We all know that they <i>actually </i>facilitate the sale of these. When they receive multiple reports that a coin is fake and allow it to be sold anyway, to most rational people it's clear that they knew or should have known that it was fake. The fact that they eliminated their evaluation experts is also evidence that they know that they are selling these and don't care. They seem to believe that they are immune from consequences.[/QUOTE]</p><p><br /></p>
[QUOTE="KBBPLL, post: 26021463, member: 104064"]From what I've read it is not illegal to merely possess or purchase counterfeit currency/coins. You have to know it is fake and use it to purchase something with the intent of defrauding someone for it to violate state and federal counterfeiting laws. In the case of ebay (and other sites), the issue is knowingly facilitating the sale of counterfeit numismatic items, which is a violation of the US Hobby Protection Act. It's the [I]knowingly [/I]part that is probably a stumbling block. We all know that they [I]actually [/I]facilitate the sale of these. When they receive multiple reports that a coin is fake and allow it to be sold anyway, to most rational people it's clear that they knew or should have known that it was fake. The fact that they eliminated their evaluation experts is also evidence that they know that they are selling these and don't care. They seem to believe that they are immune from consequences.[/QUOTE]
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