Why make a replica of a coin that is worth less than 50 cents

http://cgi.ebay.com/Replica-1931-Li...mQQptZCoins_US_Individual?hash=item2a03dfd303

http://cgi.ebay.com/Replica-1939-s-...mQQptZCoins_US_Individual?hash=item5d27948354

or for the set

http://cgi.ebay.com/Replica-44-Linc...mQQptZCoins_US_Individual?hash=item414c17440a

 

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To see if some idiot bites......:smile

 

good answer

 

See Green.. ya got one already.. thats great bait!!



rotflmao..good line you had there friend.

RickieB

 

I was looking at his feedback, and one of the people he sold coins to just happened to turn around and auction off a 1914D Lincoln for $349.

 

Carly, are you inferring what I think you are inferring?

 

It sounds like it
And I"m thinking he might be right.

 

Heres my take on it, the seller was involved in selling Chinese fakes, in a way that only the Chinese can do.
Once ebay and knowledgeable buyers caught on to him and his racket, he had all this inventory he couldn't dump, so he was left with no alternative but to stamp copy on it, and try getting rid of it that way.
The Canadian Mounties spoke with ebay early last year, and told them that they could be charged for assisting in having these known Chinese fakes for entering the market, so ebay has pulled/banned all listings.
Mind you catching them is like the infamous gopher/hammer game from the fair. They pop up everywhere.

 

Anybody can punch COPY on a cent...

 

This stuff has turned into a giant market. Folks are collecting copies and China is there to help and make a buck at a time. I hate it but it's here to stay.
Many of these guys will send you one without the copy stamp if you ask.

 

It's been proven many times that you don't even have to ask. Nothing they send over here has any stamps on them. You don't have to ask. I have first hand experience along with several others here.

Granted, many of the replicas aren't that good, but even an experienced collector better be paying attention when they buy anything raw. At a glance they will fool most in hand.

 

It's just buisness as usual. People tend to run out and buy whatever is hot at the time it is hot. Many toys that are seen by kids right before Christmas sell for fantastic amounts of money. Then a few weeks later, not hardly one being sold. People have made replica cars when they thought idiots would flock to buy them and they did not long ago. Remember the Beanie Babies?
What I get kick out of is coins worth less than a few dollars in slabs. I've seen some that would be worth one dollar in a slab. Then too how about those replated 1943 Lincoln Cents. I have fun collecting those. They come in platings of Copper, Tin, Zinc, Chrome and even one that might be Silver. But why replate a coin worth $0.25 and then sell it for $0.25? And that is what they sell for around here. Only the Copper Plated ones sell for over one dollar. I suspect that people just think with what is termed fuzzy thinking at times.
I always remember a shoe repair store in the center of Chicago with a sign in the window that said "FINE CIGARS SOLD HERE" Repair shoes. Wonder what those cigars smelled like. It's all jusy buisness.

 

I have been thinking about the fake coins while gone over the weekend and came up with this scary situation.

Since the coins are printed copy on the back, how easy would it be to fill the holes in those albums people are selling on ebay? Then sell the album with a few semi-key or key dates.

 

I repeat, NOTHING they send over here gets a copy or replica stamp! They don't stamp anything! Because most people buying them don't want the stamp on them so they automatically leave it off.

Several months ago, I purchased 10 fake buffalo nickels from three different Chinese sellers on Ebay as a test. All were advertised as having replica or copy stamped on them. I had no communication with the sellers. I assumed they would come stamped because that was how they were advertised. They did not. No stamps on any of them.

So any of these fakes that come over here and enter the normal circulation will need to be weeded out by someone who can identify them or they get sold to people who don't know the difference. Even the cheap stuff as is shown in this thread. They aren't just copying expensive coins. They fake everything!
I have found sellers on ebay with feedback from buying Chinese counterfeits and turning around and selling them on the sell side! Sometimes it pays to check in to see what your seller has been doing if the possibility exists.

 

So back to your question, why make something that is a fake worth less than 50 cents? Why not?
If you can make something that someone will buy, then that is what many do. Some have found ways to make that 50 cent item for 40cents or even less. Maybe even for 10 cents. Remember you can sell millions and millions of items for less than one dollar but really difficult to sell one item for a hundred dollars.
An example of this is batteries. A Duracell or Energizer battery is a good example. I've seen those spelled so many times I seldom know how the real ones are spelled. And just how much does a battery cost? Standard ones go for abour 20 cents + or - a little. So when the Chinese make thier numerous copies spelled every possible way, they make them for 1 cent, sell them for 10cents and sell them by the millions.
You would do the same or similar if you could. If you could make a pencil for less than the people that make them now, you would and sell for less and make a fortune, if you could.
Most people think that the fakes have to be only the really valuable items. However, many, many people know that an item for 10 cents may well sell by the millions, fake or not and guess who gets rich.

 

Its all about the dollar bill!!

 

...that is, unless you are Chinese. For some reason, those guys ar so busy pumping out all those replicas, they just can't remember to stamp them! Do your part and buy as little from that country as possible.

 

Even avoiding them is no consolation. If you really look around you'll also see many items from Pakistan, Iran, Japan, etc. And then too, many countries do not have to and don't put thier country name on the items so how do you know where something is made? Some time back everyone was yelling only buy American. Pontiac auto said buy American. Then a newsmedia came out with the fact that although Pontiacs are made here, 60% or more of the parts are from other countries.
In fact do you watch TV? There is presently no TVs made in the USA you know. Zenith was the last, now no more. So if you buy American, no more TV.
Now look at your computer. Guess where that was made? Are you printing out any of this. Guess where your printer is made. Now call HP for help. Guess who answers. And if your from India, you can understand them.

 

I'm not saying don't buy imports. That's very impossible in this day with the "global economy" and all. I'm just saying the Chinese are so worried about making a profit, they'd sell children's toys painted with poisonous substances like lead or cadmium... oh wait, they beat me to that one!