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<p>[QUOTE="Good Cents, post: 3913705, member: 100720"]Thank you for all the great links!</p><p><br /></p><p><br /></p><p><br /></p><p>That's a problem because we can no longer buy at coin shows now unless it's from an established dealer's booth/table.</p><p><br /></p><p>And we can't buy from our fellow collectors, because they may have been inadvertently and unknowingly scammed with Chinese counterfeits.</p><p><br /></p><p>And we can't buy from coin shops because they have been unknowingly scammed even though they "should" know better.</p><p><br /></p><p>We can only buy from a handful of dealers who can afford the very expensive testing equipment, or risk buying counterfeits because China keeps flooding the market with them.</p><p><br /></p><p>The sky IS falling on this hobby because China doesn't let up with all their counterfeits and they keep flooding the market with them.</p><p><br /></p><p>I wanted to buy a Sitting Liberty and started reading about all the excellent fakes out there. We're talking about a $150 coin - not a fortune of money - and yet China is busy making all these fantastic fakes. </p><p><br /></p><p>I'm not so worried about losing $150 as I am turned off by the prospect of buying something that is fabricated and bummed out that the hobby has been infected and contaminated en mass. There used to be fun in the hunt but no longer. Gotta buy only from a big dealer otherwise you can wind up with a fake because coins trade hands multiple times and unless the person you are buying from can prove to you that he bought it from a big dealer, you risk buying a fake. It's hardly a "hunt" when there are only a handful of dealers you can buy from.</p><p><br /></p><p>China is ruining a hugely fun part of the hobby - the hunt.[/QUOTE]</p><p><br /></p>
[QUOTE="Good Cents, post: 3913705, member: 100720"]Thank you for all the great links! That's a problem because we can no longer buy at coin shows now unless it's from an established dealer's booth/table. And we can't buy from our fellow collectors, because they may have been inadvertently and unknowingly scammed with Chinese counterfeits. And we can't buy from coin shops because they have been unknowingly scammed even though they "should" know better. We can only buy from a handful of dealers who can afford the very expensive testing equipment, or risk buying counterfeits because China keeps flooding the market with them. The sky IS falling on this hobby because China doesn't let up with all their counterfeits and they keep flooding the market with them. I wanted to buy a Sitting Liberty and started reading about all the excellent fakes out there. We're talking about a $150 coin - not a fortune of money - and yet China is busy making all these fantastic fakes. I'm not so worried about losing $150 as I am turned off by the prospect of buying something that is fabricated and bummed out that the hobby has been infected and contaminated en mass. There used to be fun in the hunt but no longer. Gotta buy only from a big dealer otherwise you can wind up with a fake because coins trade hands multiple times and unless the person you are buying from can prove to you that he bought it from a big dealer, you risk buying a fake. It's hardly a "hunt" when there are only a handful of dealers you can buy from. China is ruining a hugely fun part of the hobby - the hunt.[/QUOTE]
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