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Ebay No Longer Allowing Replica Coins!?

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Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 01/19/2012  11:31 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Such as a respected group like PNG reviewing, then "certifying" a coin seller for a modest fee.
Then, if there were any complaints against them, PNG pulls their cert.


They already do that, it's called PNG (which most people have never heard of) membership.
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vermontensium's Avatar
United States
16679 Posts
 Posted 01/20/2012  05:29 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Great idea in principle but, will never stop it completely. The counterfeiters will find more crafty ways to pass them as genuine. Fake holders were just the beginning I'm afraid.
swcoin.ecrater.com
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KenKat's Avatar
United States
4085 Posts
 Posted 01/20/2012  08:29 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
It doesn't solve all problems but it is a step in the right direction in my opinion. It removes a market for counterfeit sellers who will now have less revenue to fund their activities. It also prevents purchase and resale of replicas not marked "Copy" - which almost none are despite showing as such on the (photoshopped) image.
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upstate's Avatar
United States
3283 Posts
 Posted 01/20/2012  09:41 am  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
It makes me very happy because I found all those "copy" coins to be disturbing
for some reason. I guess my head will be in the sand thinking there is less of this junk available
but at least I don't have to look at it.
Valued Member
United States
320 Posts
 Posted 01/20/2012  10:18 am  Show Profile   Bookmark this reply Add Secret Argent Man to your friends list Get a Link to this Reply
I'm not sure how I feel....

First, a part of me feels that even when in compliance with the law and marking the coin, it's still like dancing with the devil. Even if 100% of their items made are currently marked, all that does is gives more time and experience to put toward perfecting their "art".. thus increasing the temptation to remove "copy" at some future point. It's like a paid on-the-job training. Today's copy maker is tomorrow's counterfeiter.

But on the other hand, if a person wanted a copy of an otherwise-unattainable coin, why should they not be allowed to purchase it?

And then on the third hand (wait I'm out of hands!) if I were a legitimate copy maker now, and suddenly find myself unable to sell them, what is the logical next step? Counterfeiting. I have the tools, the knowledge, and I like to eat. So the change might actually force otherwise-legitimate sellers into the counterfeiting business...


So I just don't know how I fell. It will be nice to be able to search easier though.
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General Tso's Avatar
United States
341 Posts
 Posted 01/20/2012  10:20 am  Show Profile   Bookmark this reply Add General Tso to your friends list Get a Link to this Reply
It's not a cure all but a good step forward. I think it will slow business down for the counterfeiters. It will be more work for them to move their items.
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fcrazo's Avatar
United States
651 Posts
 Posted 01/20/2012  11:14 am  Show Profile   Bookmark this reply Add fcrazo to your friends list Get a Link to this Reply
Recently here in San Antonio a local flea Market was sued by the upscale handbag designer Louis Vitton (LV) and the designer won. The case was about the rampant and repeated selling of counterfeits. The fleamarket was raided on several occaisions, but the same group of vendors repeatedly sold the fakes. Obviously the flea market management knew about it, but refrained or did not sufficiently acted to curtail the problem. Thus the lawsuit.

Its common knowledge that ebay has a problem with counterfeits and at times maybe with the same people repeating the problem. The same fate will happen with ebay as they seem not to reduce the problem.


What do yall think?
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DVCollector's Avatar
United States
10045 Posts
 Posted 01/20/2012  11:35 am  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
fcrazo, I agree--this is where legal pressure on ebay will be applied, regarding the counterfeit "luxury goods" on ebay.
Nobody is paying lawyers to protect against faked coins (well, maybe TPGs), but manufacturers of trademarked items do.
I remember when they shut down a lot of sellers of fake watches on ebay. I think ebay needs to target repeat offenders. Once a seller is determined to have sold fake coins, watches, etc--Shut them down, and use Paypal to help prevent crooks from signing on to ebay with a new ID.
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United States
685 Posts
 Posted 01/20/2012  11:39 pm  Show Profile   Bookmark this reply Add Westwood Arms to your friends list Get a Link to this Reply
I used to buy fakes off ebay. Love my 1804 USD.
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Penny4Me's Avatar
United States
745 Posts
 Posted 01/20/2012  11:55 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
GOOD, less $ USD to send to China...buy a REAL US coin!
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fcrazo's Avatar
United States
651 Posts
 Posted 01/21/2012  09:02 am  Show Profile   Bookmark this reply Add fcrazo to your friends list Get a Link to this Reply
Round up the fake dollars, send them off to China, and pay off some of the debt.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 01/21/2012  10:52 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
First, a part of me feels that even when in compliance with the law and marking the coin, it's still like dancing with the devil. Even if 100% of their items made are currently marked, all that does is gives more time and experience to put toward perfecting their "art".. thus increasing the temptation to remove "copy" at some future point. It's like a paid on-the-job training. Today's copy maker is tomorrow's counterfeiter.


Keep in mind the HPA only applies to coins sold in the US. That still leaves seven billion other potential customers.
Valued Member
United States
89 Posts
 Posted 01/21/2012  11:25 am  Show Profile   Bookmark this reply Add Mpc to your friends list Get a Link to this Reply

Quote:
GOOD, less $ USD to send to China...buy a REAL US coin!

You do know that people selling fake Chinese coins are American middle men?
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bobby131313's Avatar
United States
24173 Posts
 Posted 01/21/2012  11:32 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

Quote:
You do know that people selling fake Chinese coins are American middle men?


Completely disagree. I'll buy that some are. Most that I see are overseas or an American hijacked account, which is easy to spot if you pay attention.
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westcoin's Avatar
United States
9792 Posts
 Posted 01/22/2012  03:27 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply

Quote:
BiggFredd: That 79s is quite deceptive at first glance. The S and B give them away.



Or is it the BS that gives it away! Sorry couldn't resist!

happy to see them being banned too.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

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