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Replies: 36 / Views: 5,569 |
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Valued Member
Canada
256 Posts |
@CC-Ottawa - yes - "then it will become even more difficult to simply cash them in " As I have personally experienced. Happy others have better outcome with their banks.
Totally agree with you respecting counterfeits
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Valued Member
Canada
413 Posts |
I took mine to an RBC commercial center after being turned down at Scotia, I'm also happy to be done with them and the 1948 Silver Dollar I purchased to replace them takes up a lot less room
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Pillar of the Community
Canada
2845 Posts |
The dishonest must be delighted at the supply of packaging found on ebay. 221986702737Who else would want empty boxes?
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Pillar of the Community
Canada
5324 Posts |
I guess if some buys these, we all are missing something
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Pillar of the Community
Canada
1571 Posts |
I threw all packaging in the garbage when I cashed mine in for that very reason. The buyer might be someone that did not receive a box when they acquired the coin. I know the first few times I took mine to the bank (without packaging), the teller said she'd call another customer to see if they wanted to coins. The other customer said they'd take them, so the bank didn't end up returning them to the RCM.
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Valued Member
Canada
256 Posts |
Mine were sold all inclusive.
Yes these empties make counterfeiting much easier for the unscrupulous especially since they are $100's and $200's
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Pillar of the Community
 Canada
3733 Posts |
yea, if the fakes coins find there way into real packaging, that would really make matters worse..
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Pillar of the Community
 Canada
3733 Posts |
i just noticed that on the mint.ca website all the 50$, 100$ and 200$ coins are now not for sale..wonder if it is just a coincidence.. would the mint take the counterfeiters serious now..
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Valued Member
Canada
194 Posts |
Quote:i just noticed that on the mint.ca website all the 50$, 100$ and 200$ coins are now not for sale. I think that there is a promotion coming up and they don't want the face value coins being used towards that. After Christmas they will all of a sudden reappear and everything will be blamed on the computer "Glitch".
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Valued Member
Canada
256 Posts |
@Jackalop - "everything will be blamed on the computer "Glitch"." RCM has so many of these in their regular daily business so why not (it's almost a joke). To them ( RCM) it's plausible to sell this to their clients.
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Pillar of the Community
Canada
3690 Posts |
I'm really curious about the source of these fakes. The seller appears to be in Toronto though I suspect most of us associate counterfeits like this as coming out of China. The ebay seller has also sold "souvenir" art bullion gold and silver coins and notes (obvious fakes), and has some silver for sale currently. There has been no feedback on sales in more than a year.  Has anyone discovered fake x for x coins elsewhere? Is this a one off or more likely, just the tip of the iceberg. I think the simple designs and finished plus high FV and relatively big mintages make these NCLT much more attractive to counterfeiters than other NCLT coins.
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Valued Member
Canada
115 Posts |
RCM just archived a lot of the x for x coins including the $200 article coin that was just released. I wonder if the fakes have anything to do with this. Edit: sorry just saw silverwolf already posted this.
Edited by Mikesnickname 11/18/2016 12:15 am
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Valued Member
Canada
413 Posts |
Just realized I still have all or most of the cards/packaging for the 20-25-50 and 100 coins - if anybody wants/needs any of these let me know - you can have them for the cost of shipping
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Valued Member
Canada
234 Posts |
There was some discussion about these counterfeits back in June in this other thread: http://www.coincommunity.com/forum/...2130#2213464Since then I still have not come across any other X for X counterfeits besides the $100 eagle. It's nice to see JimmyD pointed out some markers for the counterfeit.
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Pillar of the Community
Canada
2984 Posts |
Pulling the $200 Icy Arctic coin after only one week of release could mean we are looking at a rarity. We don't know how many were shipped out but if only a fraction of the 20,000 were shipped out this coin could be become very valuable. There is severe shortage of the Icy Arctic at dealers so I suggest people look at buying this coin before stock runs out. There is the possibility that the RCM will not bring the coin back or possibly re-minting the coin with different features to distinguish it from counterfeits. I don't know of any RCM coins being recalled but stamps from time to time have been recalled due to errors. And those stamps have become valuable.
Edited by MoneyPenney 11/18/2016 05:08 am
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Replies: 36 / Views: 5,569 |