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 Replies: 10 / Views: 1,541 |
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Pillar of the Community
United States
1215 Posts |
This is a followup of my previous forum post in http://goccf.com/t/358095. Against the advice of many on this forum, I went through with the transaction and paid the seller. I got the coin today. This is the result.   |
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Pillar of the Community
United States
3184 Posts |
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Pillar of the Community
Australia
3831 Posts |
Toning looks very consistent with the modern super counterfeits out in the market.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Bedrock of the Community
Australia
21788 Posts |
It is a great pity with Chinese crown sized silver coins.
As a result of their wholesale faking and counterfeiting, they have really soiled their bed.
I just don't trust them anymore.
Even if they are genuine.
Their chickens have come home to roost.
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Pillar of the Community
Singapore
631 Posts |
The Chinese coin market is like the wild west now, anything goes.
Had some iffy looking Dragon Dollars showed it to a Chinese dealer and he bought them. Paid up to.
Did I do the wrong thing ?
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Pillar of the Community
United States
1962 Posts |
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Pillar of the Community
Singapore
631 Posts |
Weight was right but cleaned and not graded, so I wasn't sure.
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Pillar of the Community
United States
3184 Posts |
There was a video in which a Chinese dealer/expert mentioned that the counterfeiters fake Chinese dollars using real silver to make it harder to detect. Only slabbed for me honestly if I get any Chinese coins
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Bedrock of the Community
United States
36878 Posts |
I use to buy genuine Dragon dollars in the $8-10 range back in the 80's. Now I won't touch one for any price.
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Pillar of the Community
Germany
1064 Posts |
It's the Chinese mentality. They don't really care whether a coin is fake or not. They care that it can make them lots of money.
I live in China and the company I work for just opened a new school. It's falling apart already. I moved into a new (well it's second hand) flat and the workmanship is so poor it's beyond belief. Windows don't fit the hole they're in. The curtain railing has been stuffed with toilet paper at each end.
They don't care about quality, they don't care about anything unless it makes them a quick buck.
10 years ago kids were dying from having tainted milk because it they could say it was high in calcium (which makes your kids stronger, therefore they'll earn more money later) but the way they got the higher calcium killed people. Toxic school uniforms was a problem too.
Things won't change in these regards I think.
What is changing is that the CCP is worrying a little bit more about people selling fake stuff. The richer China gets, the more Chinese companies will want to protect themselves, and if those large companies who have CEOs in the Chinese "parliament", then the more the CCP will listen to them.
Then again, I can see some other country making fakes and selling them to Chinese rich who want to make a fast buck (or kuai) on coins in the future.
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Pillar of the Community
Australia
3831 Posts |
Chinese society priority as follow: Reputation > Profit > Ethics.
Essentially that's how all issues get buried. The only way they get raised is when it becomes a wide spread issue i.e. tainted food. Copyright? That's clearly the lowest priority.
We can all lament about how easy it is to find counterfeits but a lot of crook sellers aren't any different these days.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Replies: 10 / Views: 1,541 |
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Posted 10/30/2019 11:50 pm
