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How Do We Fight Conterfeit Coins When They Come Certified?

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Canada
9866 Posts
 Posted 08/07/2013  11:49 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
In the battle against couterfeits,I wonder if it isn't counterproductive to post links to such sites that sell fake Canadian coins.Most of those who view this discussion aren't members here,and I wouldn't be surprised if one or more of those sellers has rung up a sale or two due to this thread.You can say,oh well they would have found them anyways,but the unscrupulous also tend to be lazy and unimaginative.
"Dipping" is not considered cleaning...
-from PCGS website
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coinmaniac1's Avatar
United States
150 Posts
 Posted 08/08/2013  01:01 am  Show Profile   Bookmark this reply Add coinmaniac1 to your friends list Get a Link to this Reply
Maybe they dont send the copies in slabs i.e its a stock photo?
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publius's Avatar
United States
807 Posts
 Posted 08/08/2013  01:29 am  Show Profile   Bookmark this reply Add publius to your friends list Get a Link to this Reply
No, they really are producing fake slabs, with information copied from genuine ones.
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United States
95 Posts
 Posted 08/08/2013  08:21 am  Show Profile   Bookmark this reply Add DavidFNYC to your friends list Get a Link to this Reply
I really think there ought to be a law that all "replica" coins must have that word inscribed on the rim of the coin. Over the years my kids have given me some very obvious replica coin items, like States quarters or a 31/2 legged Buffalo nickel. They are all about 4 inches in diameter and made of steel so there's no possible way anyone could mistake them. But for something like this and the other items found it should be required.

I have no problem with someone openly selling replicas with full disclosure. I am concerned about what charlatans would do once they have acquired the replica and try to pass it off as real.
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Bacchus2's Avatar
United Kingdom
2889 Posts
 Posted 08/08/2013  09:13 am  Show Profile   Bookmark this reply Add Bacchus2 to your friends list Get a Link to this Reply
Most of these "coins" are made in China or the far east. I don't think they really enforce much in the way of copyright or fake laws there and that's where most of this stuff is made.
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Canada
5324 Posts
 Posted 08/08/2013  09:44 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
its the job of the major mints of the world, RCM, us mint, Royal Mint, even the china mint to protect its copyrights and the currency itself. They are the ones who have the political power to get Interpol or same agency to stop this counterfeit operations. Even the Chinese mint should not want this kind of operation occurring. I suggest calling your own countries mints and for them to get off there rear ends and protect their own coins, having second thoughts on any further purchases with RCM.
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GaryN's Avatar
Canada
293 Posts
 Posted 08/08/2013  11:54 am  Show Profile   Bookmark this reply Add GaryN to your friends list Get a Link to this Reply
As an overall view on this. Coin collecting has always taken a lot of work and research to keep on top of things. People like me who thought that the internet would let us become professionals by just being able to quickly find info by searching, are just be awakened to realize that we still have to do a lot of work in order to stay on top of things. I guess that's partly what make it a true hobbly, lots of sweat and tears to get the feeling of a well earned prize.
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biokemist6's Avatar
United States
12437 Posts
 Posted 08/08/2013  12:14 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
I really think there ought to be a law that all "replica" coins must have that word inscribed on the rim of the coin.

There is a law, it is called the Hobby Protection Act. All imitation numismatic items must be clearly marked "COPY" but the problem is getting other countries to respect a US law that is unenforceable outside of the US. Oversized replicas are exempt and considered to be novelties instead of an imitation numismatic item.
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Fatman's Avatar
United States
362 Posts
 Posted 08/08/2013  1:57 pm  Show Profile   Bookmark this reply Add Fatman to your friends list Get a Link to this Reply
China always said it would defeat the U.S. without firing a shot. Sounds like the U.S. should say enforce this an other U.S. laws or we take back $100.00 for every dollar we owe as cost incurred for enforcement.

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DEVLEC's Avatar
Canada
3234 Posts
 Posted 08/08/2013  4:12 pm  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
Sounds like the big guns are coming out again.........
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falcon's Avatar
Canada
457 Posts
 Posted 08/08/2013  5:05 pm  Show Profile   Bookmark this reply Add falcon to your friends list Get a Link to this Reply
In the first post Gidjit asks if coin collecting is in danger?
I think we could be in for a huge upset!
I'm not sure if we have the ability to pick out the really good counterfeit coins.
The fact that there are so many sellers, flippers, buyers and reseller's on sites like ebay make it impossible to know how a coin gets to Canada.
There are only a hand full of people in Canada that can pick out a bad fake, maybe none that can spot a good one

I truly believe all coins will only be worth the price of their base alloy as that is the only thing that can be tested 100%

The coins most in danger in our collections are the ones we prize most, they are now and will always be the target of counterfeiters.
Time will tell who is smarter
Sadly my guess is its the bad guys
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glenzy1's Avatar
Canada
1554 Posts
 Posted 08/08/2013  5:26 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
I say we do it the Old School way, find 'em and beat 'em!

Glenn
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gidjit's Avatar
Canada
1980 Posts
 Posted 08/08/2013  5:36 pm  Show Profile   Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
i agree with falcon. they CAN make fakes that are extremely hard to tell from the real ones and I think its only a matter of time that we are over run with fakes rendering our collections worthless. even if they pass laws enforce or what ever there will always be people counterfeiting
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silverwolf's Avatar
Canada
3733 Posts
 Posted 08/08/2013  5:37 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
sad thing is if you check feedbacks, some people are buying several lots of coins and bars, so you know they are getting into our system, this can't be good..and god forbid if a well known company was passing these off as real..
Valued Member
Canada
430 Posts
 Posted 08/08/2013  10:09 pm  Show Profile   Bookmark this reply Add Coinsplus to your friends list Get a Link to this Reply
I was looking at the sites, and there will be people being victims of these high quality counterfeits.

I was surprised to see this, modern counterfeit Royal Canadian Mint coins:

http://www.aliexpress.com/item/Free...2990985.html

(Each piece is about $1)

http://www.aliexpress.com/item/free...6153053.html

And this....1 oz. fake gold Royal Canadian Mint bars

http://www.aliexpress.com/item/A003...6012738.html
Edited by Coinsplus
08/09/2013 01:52 am
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