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Modern Fake Cap And Rays 8 Reales On Ebay

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 Posted 06/23/2015  12:26 am  Show Profile   Bookmark this reply Add Numismat to your friends list
This is one of a multitude of accounts selling modern fakes that I, and also Bob, have tracked over the years. It may not be evident from the bad photos, but there have been many, many examples with various dates and mintmarks from the same accounts that have identical appearance and that same "ring of toning". Although the location is always listed in the US, the items are shipped from China with a US return address. The weigh is often a little bit off, but only by a couple tenths of a gram. (I've purchased coins from this distributor in the past, when they were going for low enough to not shell out genuine coin money for fake coins)
Also, Lucky Cuss, the dragon's teeth are all but useless in identifying modern fakes like these, as the details are generally correct.
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 Posted 06/23/2015  01:08 am  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list

Quote:
Also, Lucky Cuss, the dragon's teeth are all but useless in identifying modern fakes like these, as the details are generally correct.


Unless they're present on a date that they shouldn't be (which I've seen), and on most outright fakes, it's been my experience that in hand they usually lack the requisite sharpness to convince. But if the quality of the fakes has gotten that much better recently, then that diagnostic may well be out the window. Which means that more concrete identifiers than merely a suspicious ebay account must be developed as these coin are bound to enter the collector msrketplace outside of online venues.

I'd remark that of all the "Cap & Rays" dates to fake, 1878 is on the later side & pretty barren ground for any big profit. I'd ask if the ones you're aware of are actually being shipped directly from China to the U.S. customer, or reshipped from a U.S. address.

Also, can you advise as to the composition of the ones you've encountered, and how they're getting the weight close?
Colligo ergo sum
Edited by Lucky Cuss
06/23/2015 01:40 am
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 Posted 06/23/2015  01:52 am  Show Profile   Bookmark this reply Add Numismat to your friends list
They are high purity silver. There have been also lots of examples of common date Morgan dollars with the same exact appearance and toning ring. I have an ongoing thread keeping up with the many accounts from these distributors on another forum, unfortunately most of the older links are dead. More recently I have started stealing the sellers pics and posting them in addition to the ebay links.
There is big profit in many of the other coins they sell. Even when said coins sell extremely cheap compared to genuine examples. Currency trade manipulation by China means that selling a coin for even $5 above silver value (and then minus ebay and paypal fees) is still worthwhile. This is the same reason you can buy things from sellers in China and Hong for Kong for under $2 and with free shipping. US sellers could never profit on that, but due to the currency trade manipulation, these things are still profitable for them.

I believe colonialjohn is looking into doing a write up on coins like this with XRF results and all.
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 Posted 06/23/2015  02:08 am  Show Profile   Bookmark this reply Add Numismat to your friends list
Here is a few of the more recently active accounts from the same distributor. Also note it appears that there is much shill bidding involved on virtually every listing.

http://www.ebay.com/sch/erlrobin.6e...046732.m1684

http://www.ebay.com/sch/gavi-boons/...046732.m1684

http://www.ebay.com/sch/nanc_hopp/m...046732.m1684

http://www.ebay.com/sch/ander.dye/m...1&rmvSB=true

And also a thread (from across the street) showing a pair of high quality bust half dollar fakes. Original listings on ebay have been removed due to reporting, but I stole and reposted the pictures :)

https://www.cointalk.com/threads/pa...tors.264584/

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Austria
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 Posted 06/23/2015  05:34 am  Show Profile   Bookmark this reply Add coinworldtv to your friends list
The most important thing in numismatics: Know your source!



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 Posted 06/23/2015  07:25 am  Show Profile   Bookmark this reply Add jdmern to your friends list
If all of those are close to the correct weight and are all counterfeit, that is rather terrifying... Nothing jumps out at me on a quick glance that would have made me do a double take
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 Posted 06/23/2015  12:35 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list
I definitely have to get a copy of that 1878 Mo ML for study. Seeing the group it was with definitely is a clue to forgery - seeing it in isolation is another issue. I has all the correct traits.

Do you have one or more of these in hand?
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 Posted 06/23/2015  10:59 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list
Here is another Modern Numismatic Forgery - but this one is readily identifiable unlike the 1878 because a good photo is supplied. The seller is part of the same group that Numismat identified. His good pictures result in his getting low prices but other sellers who use slightly out of focus shots do much better.

http://www.ebay.com/itm/1891-8-Real...191609997614

Others from the same source - same surfaces and rims - easy to spot. These coins are also from the same distributor - liked by a single variety - the Swiss coin. .

http://www.ebay.com/itm/1933-1915-C...191600573169

http://www.ebay.com/itm/1915-Yuan-S...191600768296

http://www.ebay.com/itm/5-Franken-S...191576626360

Here is another seller with the same coin:

http://www.ebay.com/itm/Schweiz-5-F...331466563743

There are 6 for sale now on ebay. Of course they no longer care to stop these linked sales. If they had they would have retained the Coin Watch Committee. Our problem was we did the job so well that ebay lost $1,000,000 in sales commissions in under a year.
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 Posted 06/23/2015  11:20 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list
Well, I have to commend Numismat for his diligence in ferreting these out. Without the demonstration of how these listings are all linked, my reaction to the single listing originally referred to would've stood - an innocuous, common specimen for which the red flags (zero feedback, poor photgraphy) probably don't deter a purchase so long as the price remained reasonable.

The fact that for this forger precious metal content is accepted as the price of conducting this nefarious trade, along with the sheer variety of types, is quite frightening. A very sophisticated operation that will be polluting the hobby for years to come.

From the standpoint of my little collecting niche of "Cap & Rays" 8 reales, I obviously would like to see large, detailed photos of various ones put out by this ring accompanied by as much physical data (weight, composition, dimensions) as possible.
Colligo ergo sum
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 Posted 06/24/2015  12:10 am  Show Profile   Bookmark this reply Add Numismat to your friends list
Bob,
I don't have any examples of the 8 reales. The unfortunate part is that I often see them after the listings have ended. I have examples of some of the other types. I am looking into snagging one of the cap and rays coins and once I do will gladly send it to you to be inspected in hand. John will probably want to see it as well to blast it with XRF.
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 Posted 06/24/2015  12:23 am  Show Profile   Bookmark this reply Add Numismat to your friends list
Here is one more fake cap and rays from the same ring, unfortunately also already ended. Note the identical appearance despite different date and mint mark.
http://www.ebay.com/itm/1884-Mexico...047675.l2557
Edited by Numismat
06/24/2015 12:23 am
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 Posted 06/24/2015  08:52 am  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list
Another auction that standing alone wouldn't particularly set off any alarms. Very insidious how these are being listed.
Colligo ergo sum
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1962 Posts
 Posted 06/25/2015  11:02 am  Show Profile   Bookmark this reply Add realeswatcher to your friends list
Everything numismat has noticed and noted about this ring is correct. (numismat, I assume you recall the superperfect, Walmart, and similar IDs - which would be sort of laughable Chinglish if they weren't in fact mocking us with these fakes!! - and Queens, NY, Texas A&M town locations, etc...?). Bob, I privately discussed this group of sellers w/you probably a year and a half, two years ago (pointing out in particular these Cap & Ray pieces, which worried me b/c of how good they are). I recall you saying at the time to refrain from posting anything publicly, that you and the other ebay enforcers were aware of them and trying to take them down or whatever...

As numismat pointed out, they also have put out a similar chunk of fairly common date Morgans. As with the Cap & Rays, the frosty look of these "UNC" examples is rather convincing.

The same ring also offers, for all of your fake coin needs, the usual assortment of 1800s Germanic thaler-types, fake pillar 8R... and bust 8R with a plethora of chops on them (which that cowpie moron likes to buy from undoubtedly several different of these user IDs and then flip, feigning apparent ignorance as to their true origin). I've even seen a few oddballs like XF-level Draped lg cents with decent brown (artificial) "toning" (fitting in with the Bust halves numismat posted on the other forum thread).

These are the C&R dates I've observed and have pics of... I believe there are a few others (like 1883 Zs, an example of which I see suggested via one of the items linked above). Generally presented either blast white UNC, or UNC with that watery peripheral ring tone as noted:

1876 Cn
1878 Mo
1879 Go
1882 Mo
1884 Zs
1885 Zs
1888 Ca
1895 Mo
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 Posted 06/25/2015  5:26 pm  Show Profile   Bookmark this reply Add Numismat to your friends list
Sometimes they get sloppy with the item location - list a batch with location as Hong Kong, then for the next batch switch to a random US city. The actual coins are shipped from China/HK with a US return address.
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 Posted 06/25/2015  10:42 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list
I think that discussion must have been before the committee was disbanded. After that time - I lost all ability to terminate any auctions. I really stopped tracking these interlinked groups.

Most traced back to the location (address) which also houses Not Allowed's main office in Peking (Beijing).
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