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Replies: 26 / Views: 2,753 |
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Bedrock of the Community
United States
14454 Posts |
I contacted him to see how many different types of coins he had available and of what dates and well I was a little surprised at just how many different ones he has copies of. He sent me two links both with quite a few different types and dates (something like 45 pages worth on one link with 10 coins per page)not all US coins and most of the ones I saw looked awful good as far as design, so if they ever get the planchets down this is going to be a major problem http://www.bubbleshare.com/users/profile/305237http://www.bubbleshare.com/users/profile/305281
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Pillar of the Community
United States
1231 Posts |
Thats just amazing that there are so many different copies.
Edited by onejinx 12/18/2008 08:39 am
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Pillar of the Community
Spain
1361 Posts |
Wowwww, he even has errors!meaning he's really minting a lot.
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Bedrock of the Community
 United States
14454 Posts |
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Pillar of the Community
United States
3294 Posts |
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Valued Member
United States
245 Posts |
Wouldn't this be considered "forgery" and breaking a Federal Law?
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Bedrock of the Community
 United States
14454 Posts |
well, not in China. There is no law against making US coins in China. The problem comes in when they are shipped to the US, then it becomes illegal if they arent stamped "Replica" or "Copy" I think, but I guess that really doesn't matter and it doesn't scare him because all of these are available without that stamp. The only ones that have the stamp is the ones he has pictures of on ebay so they won't cancel his listings
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Pillar of the Community
United States
3294 Posts |
Plus China doesn't really do extradition with the US, so he is basically free to break all of our laws he wants without penalty.
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Pillar of the Community
United States
1984 Posts |
It seems both buyers and sellers would be doing something wrong by buying and selling replicas without the replica stamp, which is certainly not (wink, wink) what's happening here (wink, wink) . The real problem is ebay's refusal to stop winking along.
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Bedrock of the Community
United States
17884 Posts |
Quote: The problem comes in when they are shipped to the US, then it becomes illegal if they aren't stamped "Replica" or "Copy" I think, but I guess that really doesn't matter and it doesn't scare him because all of these are available without that stamp. REPLICA won't do it, the law specifies that they must be stamped COPY. And it wouldn't scare him because he is exporting from a country where it is legal. the person breaking the law is the guy here in the US that is receiving them He is doing the importing and it is the importation of unmarked copies that is illegal. The guy in China has nothing to fear because he is doing nothing illegal.
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Pillar of the Community
United States
533 Posts |
We need to start counterfitting some large chinese currency and start shipping it to China. Turnabout is fairplay right? See how long it takes until the Chinese start to get ticked.
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Pillar of the Community
United States
5318 Posts |
It's pretty obvious this will be a huge issue, and we're just seeing the leading edge as of now. Interesting how they're working on varieties like that 1808/7. Of course, the planchet surfaces are all wrong for starters. I can only guess these will eventually worm their way into the US without any "COPY" stamp, and create a lot of problems. 
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Pillar of the Community
United States
812 Posts |
The TPGs should be the main ones to benefit from this, since, as the forgeries get better, it will take a professional to detect them ... except they are also making counterfeit slabs of higher and higher quality.
Numismatics has weathered the current economic storm pretty well, but this could get really ugly. How much will collectors be willing to pay if all they really know is that the coin they are buying is "probably" authentic?
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Valued Member
United States
245 Posts |
"We need to start counterfeiting some large chinese currency and start shipping it to China. Turnabout is fair play right? See how long it takes until the Chinese start to get ticked."
Oh, don't worry the good old U.S.A is putting it to China 24/7. The place is a environmental health disaster due to our industrial consumption needs.
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Bedrock of the Community
 United States
14454 Posts |
Quote: the planchet surfaces are all wrong for starters. that was why I said when they finally get the planchets down this will be a major problem because they have gotten the designs on most of these coins very very close. So when they get the planchets the correct composition it will definately fool allot of people
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Pillar of the Community
United States
5318 Posts |
 I did not see that initially...we think alike 
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Replies: 26 / Views: 2,753 |