Home U.S. Coin Forum

Look what Asia is doing now

dcarrdcarr Posts: 9,115 ✭✭✭✭✭
Illegal items for sale on eBay
This particular seller is from Singapore, but I've seen many of these for sale from Hong Kong and elsewhere lately.

It used to be Japan, but now it is China that is counterfeiting US/European goods on a massive scale - CDs, movies, watches, sprinkler heads, etc., etc. And no one (in the Government) seems to care.

And now Asia (probably China) is mass-producing replicas of United States legal-tender currency (common Morgan "silver" dollars in this case - although I doubt that they are actually made of silver). And still no one seems to care, even though this particular item violates several US laws.

Just as the quality of items manufactured in Japan improved over the years, the same is bound to happen in the rest of Asia. Unless existing laws are strictly enforced, I'm afraid that there could be an influx of higher-quality counterfeits coming out of Asia. The recent batch of dangerous US Trade Dollar counterfeits from Hong Kong may just be the tip of the iceberg. These may well have remained undetected if not for the large quantity that appeared all at once.

I urge everyone here, if you have a few spare monents, to contact your Congressperson to express your anger at this situation.


Comments

  • braddickbraddick Posts: 24,818 ✭✭✭✭✭
    Those "Morgans" look pretty close but I've yet to see a Bust Dollar that looked real.

    peacockcoins

  • I think Ebay also has a role to play in such going on...big time.
  • BigEBigE Posts: 6,949 ✭✭✭
    Hopefully, the FBI is watching his operation and will wait for enough feedback to be generated before they bust the seller and all the buyers. BTW look at the sellers last feedbackimage-------------------BigE
    I'm glad I am a Tree
  • imageDidn't most of the counterfeit coins all come out of Asia at one point or another? It's not any worse than the replica '89-CC that is bid up to the hilt on several occasions without more direct notification in the description! At least they are giving you short and direct info on the items!
    HEAD TUCKED AND ROLLING ALONG ENJOYING THE VIEW! [Most people I know!]

    NEVER LET HIPPO MOUTH OVERLOAD HUMMINGBIRD BUTT!!!

    WORK HARDER!!!!
    Millions on WELFARE depend on you!
  • dcarrdcarr Posts: 9,115 ✭✭✭✭✭


    << <i>imageDidn't most of the counterfeit coins all come out of Asia at one point or another? It's not any worse than the replica '89-CC that is bid up to the hilt on several occasions without more direct notification in the description! At least they are giving you short and direct info on the items! >>



    Those replica '89-CC dollars, at least, did not violate the law because they said "COPY" on them. These common counterfeit Morgans do not. They are, at present, fairly crude counterfeits. But knowing how industrious the Asians are, I'll bet their profits from selling these coins will be invested in better equipment to make more sophisticated counterfeits.

    If this trend isn't stopped in it's tracks, the day will come when their counterfeits are so good that they fool most or all of the experts.




  • The problem is that the seller may not be doing anything illegal. I don't know Singapore law but it may be perfectly legel for him to sell counterfeit coins of other countries. Considering how prevalent counterfeiting of so many products is in many of those countries it may be just fine with their lega;l system. The person commiting an illegal act is not the seller but the buyer, if he is located in the US. The seller is listing them as counterfeit so there isn't even any claim to an intent to defraud, but the buyer, by importing them into this country, does violate the hobby protection act.
  • What is worse is that many of these coins will get resold, at some point in time, by these buyers, and they will not say they are fakes. The Chinese are a big problem in this area. They have ruined there own Jade and pottery art markets by produceing so many fakes. You don't dare buy an expensive art piece with out a sceintific test. If these fake coins sell here, and the Chinese see there is a market, they will make ten of thousands of them. These guys have no morals what so ever when it comes to makeing fakes, if there are a few bucks to be made on each one they will make them untill no one will buy them and there skills get better as they produce. To add to this problem the Chinese government promotes these kind of activites as it brings more money into the country. They see the production of fake everything as just another industry.
  • MSD61MSD61 Posts: 3,382
    I was wondering when someone was going to write a post about this seller. I believe there is another seller from China also selling these copies as well. I have to agree that it is only a matter of time before some un-educated buyer will end up with one of these thinking it is the real McCoy.image
  • RittenhouseRittenhouse Posts: 565 ✭✭✭
    This is a MINOR prob compared to the amount of fake Russian for sale on ebay. The Russian mob is counterfeiting old & rare stuff as fast as they can make it. Since Russian collecting is still in its infancy, lot's of people getting burned. ebay's response when you tell them something is a fake: "Prove it; get lost."
  • "ebay's response when you tell them something is a fake: "Prove it; get lost." "

    You can add: Hey, as long as WE are getting OUR piece of the action, We don't give a rats ass what they do, idiot.

    Kinda sounds just like our government. It's unlawful for you to conduct a lottery but you can always play ours, or, It's unlawful for you to gamble unless it is in OUR casino.

    Jim
  • I wasn't aware of the Russian problem but another major problem is fake Chinese coins coming out of china. Here you have the added problem that the genuine pieces were often cast rather than struck. It is a lot harder to spot a cast counterfeit of a cast coin. A couple years back it made the trade papers when one company in China was openly advertising a collection for sale at attractive price, some 1,100 coins. Problem was anyone who contacted them was told it was still available and they sold the collection several times over. All of the coins were fakes. With their cheap labor they are counterfeiting coins worth as little as a few bucks.
  • lavalava Posts: 3,286 ✭✭✭
    Any forum members every buy from this seller?

    I noticed from his feedback that he has never bought anything on ebay, and with the exception of some Singapore stamps, all of the items sold appear to be counterfeit coins.
    I brake for ear bars.
  • 291fifth291fifth Posts: 24,691 ✭✭✭✭✭


    << <i>I think Ebay also has a role to play in such going on...big time. >>



    Keep in mind that eBay's number one priority is going to be to protect itself by hiding behind its "we are only a venue" position.
    All glory is fleeting.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file