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 Replies: 17 / Views: 2,380 |
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Pillar of the Community
United States
4883 Posts |
It seemed for a while recently that ebay had been doing a better job policing some of the more dubious Morgans coming out of China, but I noted a new player this morning with multiple auctions. No one seems to be bidding. I'd like to think folks are wising up, but I'm sure he'll get somebody to bite. It'd serve him right if he had to send them out for his minimum bid, even this junk has to cost him more than that, and he'd have to eat the shipping, too, but of course that's not going to happen. See: http://www.ebay.com/itm/Worthy-of-c..._1607wt_1153Colligo ergo sum
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Pillar of the Community
United States
604 Posts |
 I would be fine with giving him a dollar for 20 fake Morgans. Or as he calls them...."Morgan Silver Statue of Liberty" dollars.  |
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Pillar of the Community
United States
1796 Posts |
More and more and more of these sorts of lots are popping up. It's getting beyond ridiculous.
I might put in a min bid...
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Pillar of the Community
United States
1308 Posts |
The ruination of coin collecting, thanks China! I'm too the point of not buying any more silver dollars off the streets, are they faking the common halves yet?
Edited by thecoinguy1964
03/08/2015 2:20 pm
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Moderator
 United States
23522 Posts |
Thread Title of the Month.  This is just in your face felonious behavior endorsed and facilitated by ebay. They are breaking the law and don't care. 15 US Code Chapter 48, Paragraph 2101. Pay particular attention to Subparagraph (d): Quote:
(b) Coins and other numismatic items
The manufacture in the United States, or the importation into the United States, for introduction into or distribution in commerce, or the sale in commerce of any imitation numismatic item which is not plainly and permanently marked "copy", is unlawful and is an unfair or deceptive act or practice in commerce under the Federal Trade Commission Act [15 U.S.C. 41 et seq.].
(c) Rules and regulations
The Federal Trade Commission shall prescribe rules for determining the manner and form in which items described in subsection (a) or (b) of this section shall be permanently marked.
(d) Provision of assistance or support
It shall be a violation of subsection (a) or (b) for a person to provide substantial assistance or support to any manufacturer, importer, or seller if that person knows or should have known that the manufacturer, importer, or seller is engaged in any act or practice that violates subsection (a) or (b). That is the law of the land, and it is unequivocal. |
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Pillar of the Community
United States
3486 Posts |
... and I'll add it to my 'watch list.' If several hundred other CCF members did the same it would give the seller
something to think about: "What do they know that I don't?"
and the bid does not rise above the minimum...
Better than just complaining about the 'plague.'
Spamming for a noble cause.
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Pillar of the Community
United States
1566 Posts |
I'm just glad that they aren't faking large cents YET!
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Pillar of the Community
United States
604 Posts |
Shhhh! You know if they here us saying that, they'll start doing it. |
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Pillar of the Community
United States
1796 Posts |
Edited by SteveCaruso
03/08/2015 3:04 pm
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Pillar of the Community
United States
604 Posts |
Go figure! This epidemic wasn't nearly as widespread when I started collecting 37 years ago. It was out there, but not this bad. I guess I'll just keep on educating myself. The only alternative would be to start collecting well circulated Zincoln's. Edited by Nickel Guy
03/08/2015 3:15 pm
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Pillar of the Community
United States
2815 Posts |
These Morgans aren't even good fakes. Some manufacturers produce more accurate and authentic looking counterfeits. The early silver dollars they make are of much better quality, and they can be very convincing, especially the 1795 issue. This has a lot to do with their apparent "mastery" of patina. Here is one of my 1795 dollars:  This would fool many on ebay. Of course, the photos would not be nearly as clear- low light, angled shots I would presume. I can only imagine how many bids it would get. Just crazy. Edited by Darth Morgan
03/08/2015 6:21 pm
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Bedrock of the Community
Australia
21786 Posts |
I think it is OK to buy fake coins, but at a price level that you KNOW that they would not be making a profit.
Why buy them?
So that you can become very familiar with them, to educate yourself in the identification of fake coins.
You would never trust a dealer to buy genuine coins from, if he had little skill in the identification of fake coins.
Why should not the collector develop the same skills?
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Pillar of the Community
United States
2815 Posts |
Quote:
Why buy them?
So that you can become very familiar with them, to educate yourself in the identification of fake coins.
You would never trust a dealer to buy genuine coins from, if he had little skill in the identification of fake coins.
Why should not the collector develop the same skills? This practice has helped me tremendously. I have learned so much from actually having these coins in my possession to study. Money well spent, IMO. |
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Pillar of the Community
 United States
4883 Posts |
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Bedrock of the Community
United States
17884 Posts |
Quote:
I'm just glad that they aren't faking large cents YET! What makes you think they aren't? the Chinese have been making fake large cents for years, especially the middle and late dates, same for the Half Cents. It's possible to put together complete date sets of fakes. They just aren't as commonplace as Morgans, gold or some others. |
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Pillar of the Community
United States
4883 Posts |
These auctions still haven't been taken down by ebay. One has been bid up to $81. Colligo ergo sum
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Replies: 17 / Views: 2,380 |
Posted 03/08/2015 1:52 pm
