Fake/Counterfeit Coins' Menace On The Rise Again, Advocate Says

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Author	Replies: 6 / Views: 1,851
CCFPress Press Manager United States 1420 Posts	Posted 04/15/2015 5:08 pm Canadian Coin News - Imagine you've worked for decades on your hobby - gaining knowledge, material and friendships along the way - only to lose it all on a few counterfeit coins. That's the situation facing many Canadian collectors today, says Trenton, Ont.'s Mike Marshall, who began his campaign against counterfeit coins in 2007. "They're everywhere, and it's every day," he said, quickly calling out names like ebay, Alibaba and Dhgate, all prominent e-commerce companies, each with numerous vendors offering counterfeit coins. "The online markets have been inundated with them." Marshall, a well-known counterfeit coin researcher and educator, is essentially the last line of defence for collectors of Canadian non-circulating legal tender (NCLT), or collector coins. And after a decade-long upsurge in overseas counterfeit production, he said the problem now threatens the investments of all Canadian coin collectors. "What's really scary is that no one among the powers that be is getting involved. The Royal Canadian Mint won't work with anyone," he said, adding that the Mint stopped working with him in 2011 after RCMP Pacific Region counterfeit co-ordinator Sgt. Tony Farahbakhchian was reposted. "As far as I know, the Mint isn't doing anything." Read the Entire Article Report this Post to the Staff

Northerncoins Pillar of the Community Canada 2019 Posts	Posted 04/15/2015 5:13 pm Quote: "What's really scary is that no one among the powers that be is getting involved. The Royal Canadian Mint won't work with anyone," he said, adding that the Mint stopped working with him in 2011 after RCMP Pacific Region counterfeit co-ordinator Sgt. Tony Farahbakhchian was reposted. "As far as I know, the Mint isn't doing anything." The Mint should get into making fake coins...lots of profit to be had, since that is all they appear to care about and not many seem to be doing anything to help stop the fake coin invasion. Edited by Northerncoins 04/15/2015 5:17 pm Report this Post to the Staff
chequer Pillar of the Community Canada 4227 Posts	Posted 04/15/2015 5:20 pm Quote: The Mint should get into making fake coins...lots of profit to be had, since that is all they appear to care about and not many seem to be doing anything to help stop the fake coin invasion. Oh, wait. Report this Post to the Staff
AgCoinAu Pillar of the Community Canada 3049 Posts	Posted 04/15/2015 5:26 pm When you're charging $100 for a 1 oz silver coin.... I think they're already focused on profit... the issue is the rug is being swept from underneath them as there are others doing it with REAL silver and for 1/2 the price..... Report this Post to the Staff
Northerncoins Pillar of the Community Canada 2019 Posts	Posted 04/15/2015 5:33 pm Quote: When you're charging $100 for a 1 oz silver coin.... I think they're already focused on profit.. Ya I know they are only focused on profit, but they could make more profit if they produced fake coins as well. Heck why not fake other mints coins and put them up for sale on their web site for half the price ,lol. I am joking here...or am I? Report this Post to the Staff
Liverpool Pillar of the Community Canada 576 Posts	Posted 04/15/2015 6:08 pm All a piece of garbage counterfeiter needs now would be a bunch of RCM COAs to make their copies look even more authentic. It sure is a good thing that you can only get them with an original real coin. Oh wait that's not right... all you have to do is order some from Colonial Acres and volia.... easy to rip some one off. I dispise criminals and those people and organizations that make their lives easy. Edited by Liverpool 04/15/2015 6:09 pm Report this Post to the Staff
McNickel Valued Member Canada 261 Posts	Posted 04/16/2015 12:56 am Quote: "What's really scary is that no one among the powers that be is getting involved. The Royal Canadian Mint won't work with anyone," he said, adding that the Mint stopped working with him in 2011 after RCMP Pacific Region counterfeit co-ordinator Sgt. Tony Farahbakhchian was reposted. "As far as I know, the Mint isn't doing anything." It's sad that RCM doesn't seem to care about this problem. I suppose the only thing that would motivate them is if it started to affect their own bottom line. Report this Post to the Staff
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