Increase In Plate/Counterfeit/Fake Silver On Ebay?

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Author	Replies: 2 / Views: 1,464
Smithee New Member United Kingdom 1 Posts	Posted 06/26/2014 07:09 am As a small time seller/buyer on ebay I take an interest in going prices,recently there seems to be a significant increase in the amount of bullion coins listed as plate,100mill (whatever that is) and "dipped". Not really a problem if the title clearly describes the coin as plate, but often this is not the case and the word clad or plate is often hidden in the description in a thinly veiled attempt to deceive buyers. Silver bars seem to be an even worse problem but my question relates to maples, eagles etc. As these coins are legal tender is it legal to replicate them in silver plate and sell them on ebay, isn't this counterfeiting? Report this Post to the Staff

BStrauss3 Pillar of the Community United States 4596 Posts	Posted 06/26/2014 10:08 am Counterfeiting? No. Fraud - maybe. ebay is a pendulum... it swings between favoring buyers and favoring sellers. Go too far one way and the other group complains and it swings back. Over the last couple years ebay built up mechanisms that favored buyers making it easy to get bogus listing taken down, now the pendulum is swinging back. The only people who lose in the long run are buyers and sellers. The only people who win are ebay collecting fees. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ Report this Post to the Staff
denco7 Pillar of the Community United States 2543 Posts	Posted 06/26/2014 3:05 pm to the community The U.S. Hobby Protection Act, clearly states that all manufacturers of imitation numismatic items, must clearly incuse "copy" into all their imitation items. Failure to do so is a legal violation of this act. Now trying to find anyone at the Federal Trade Commission (who administer this act) or in law enforcement who cares, is an other story entirely. Quote: The only people who win are ebay collecting fees. ........ and the people who educate themselves on what they are buying before they bid, and the people who carefully read all descriptions before the bid. Report this Post to the Staff
	Replies: 2 / Views: 1,464

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Increase In Plate/Fake Silver On Ebay?