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 Replies: 11 / Views: 3,050 |
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Pillar of the Community
United States
1116 Posts |
http://cgi.ebay.com/eBayISAPI.dll?V...140298340323it just makes me sick when I see this garbage they are selling and people actually buy this stuff. but hey it comes with a fake album what is that a chinese dansco  some of these chinese sellers even sell fake common wheat cents the coin market is going to be flooded with fakes if it hasn't all ready I'm sure it has at least this seller has replica on the coin. but that dont make it any better in my opinion Edited by scott3270
02/02/2009 4:15 pm
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Valued Member
United States
314 Posts |
Sooner or later, someone on here will find an amazing coin. Then they look closer and see REPLICA printed on it. Hopefully that won't happen but the chances increase with every sale these seller make.
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Pillar of the Community
United States
2602 Posts |
I'm curious whether one could take those replicas in BU and use a sander and grind the word "replica" off of it, add a bit of wear on both sides and call it an authentic circulating coin? It seems like there is a real danger for this to happen. Hopefully, there are other markers to help us know it is counterfeit, like coin's weight, or die markers.
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Pillar of the Community
 United States
1116 Posts |
i have thought about this I would never do this but lets say those coins did not say replica and someone in the u.s. buys the whole set for say 80 bucks then he sells the whole set to an unsuspecting buyer and he makes a huge profit.
even if they are sold as singles that person would still make a huge profit this is very bad for the hobby
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Pillar of the Community
United States
5318 Posts |
Oh, this guy...he's one of the main producers in China, and has been featured in numerous articles.  If you ask me, I think it's only a matter of time before the word "replica" is removed from their wares. That will probably coincide when their dies get perfected. (IMO)  |
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Pillar of the Community
United States
3098 Posts |
You guys know that the dies are with out "replica" so they stamp them in afterwards. But.... what if someone forgot? That's I don't buy any coins OR banknotes in China. Only sell  |
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Pillar of the Community
United States
2797 Posts |
Guys, All you need do is ask him to omit the stamp and they come without any notation. That requirement is for listing on ebay. Once the sale is made, private communication between buyer and seller is not monitored. One ebay buyer worked with the Postal Service in a sting operation. The coins arrived without the required "copy/replica" stamp. The problem is these are not considered coins in their country of origin and China is not cooperating with U.S. authorities. Make sure the seller has a return policy for all ebay transactions, get yourself a reliable digital scale and educate yourselves. No one else is protecting you today from these counterfeits. |
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Pillar of the Community
United States
1116 Posts |
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Pillar of the Community
Canada
4227 Posts |
Yes, it is pretty scary what they are copying and how much. I don't think there is any question that many of these will be (attempted) passed off as genuine at some point (if not immediately) and just how badly will this affect the new collectors down the road ... will it be enough to turn them off the hobby once they are bitten by such a coin? When I started as a kid, I was taken enough by shoddy grading, but at least the coin was real!
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Pillar of the Community
United States
1116 Posts |
i have to be honest when I first got in to the hobby I was reluctant to stay I was worried if I spent big money on a coin that it would be a fake.
so I am trying to educate myself as best I can. do you think one day there will be a time when there is more fakes of a certain coin than a real one.
maybe there all ready is like for the 1916-d dime
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Pillar of the Community
United Kingdom
1077 Posts |
I don't think in some cases one even has to ask for them to not stamp replica on them. They are automatically shipped that way. The only ones with replica on are the ones pictured on ebay. After all why would they want to go to the extra expense of paying someone to counterstamp them. I worry about this more and more. |
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Pillar of the Community
United Kingdom
1077 Posts |
I am sure there are already lots of these in peoples collections, and they are totally unaware they are fakes. I have my suspicions about one of my own coins, but I don't know for sure.
Even the weights of a lot of them are correct, so weighing is no test of authenticity. Some of them are also made from the same metal composition which means testing for specific gravity also does not help.
As soon as the dies are good enough there will be no way to tell for certain. Let's remember they are not trying to pass these off as current circulating coins, good enough only to fool the general public.
If they cost $5 to make and sell for even a hundred bucks, let alone thousands, this is big business.
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Replies: 11 / Views: 3,050 |
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Posted 02/02/2009 4:39 pm
