My thoughts on Chinese fakes.....

DoubleEagle59

I haven't seen too many Chinese fakes in my time, perhaps about ten of them.

One thought stands out though.........They are the easiest things to identify as fake. Without question.

All of them have identical qualities about them and when viewed under magnification, are so easy to identify as fakes.

I truly can't see how a collector, who has the most basic of coin knowledge, can get fooled by these.

I understand the injustice done to the coin hobby, just by having them sold in the marketplace and disrupting things.

But then I think, 'what really is the panic', as these fakes are truly 'fakes' and have no chance of passing as genuine.

I'm reminded of the diamond industry when in the late '70's, cubic zirconium came onto the scene as a diamond imitation and everybody in the trade was in a state of panic because this was going to fool everybody.
About 10 years ago when moissonite (another diamond imitation) entered the marketplace, another round of 'panic' set in.

In summary, there will always be people who will get fooled into buying something as genuine, be it a coin, diamond or a Rolex, but I'm confident that this threat of 'Chinese fakes' will pass in due time.

I also want to add that I do not support the sale of these ghastly Chinese fakes and I think that all the sellers on Ebay who deal with these fakes should be shut down.

STONE

Not all fakes are the same!!!

This one tricked me completely: Utah's 1795 FHD

I do agree that most are blatantly obvious, but you still need to be on the lookout.

BXBOY143

<< <i>

I'm confident that this threat of 'Chinese fakes' will pass in due time. >>



HIGHLY DOUBT IT UNLESS YOU HAVE INSIDER INFO THE WE DONT KNOW ABOUT....
IMHO AS SAD AS IT IS I SEE IT GETTING FAR MORE ADVANCED DUE TO THE TECHNOLOGY TODAY, GO ON GOOGLE AND DO A CHINESE COUNTERFIET SEARCH I PROMISE IT WILL SCARE YOU!!!!





<< <i>

I also want to add that I do not support the sale of these ghastly Chinese fakes and I think that all the sellers on Ebay who deal with these fakes should be shut down. >>



DO YOU KNOW ANYONE WHO DOES???
DUH! JOIN THE CLUB!!!



FAKE QUARTER EAGLE






REAL QUARTER EAGLE









POINT OUT A DIFFERENCE! (OTHER THAN COLOR CAUSE MY CAMERA SUX)

CaptHenway

<< <i>Not all fakes are the same!!!

This one tricked me completely: Utah's 1795 FHD

I do agree that most are blatantly obvious, but you still need to be on the lookout. >>



You are absolutely correct. When I first saw one of these in a fake slab I was very suspicious of it, but could not condemn it without access to the excellent pictures in Dave Bower's two-volume dollar set. There are still a lot of cheap fakes sold on the streets to tourists in China, but the numismatic fakes being struck in China are very dangerous.

TD

BXBOY143

<< <i>

<< <i>Not all fakes are the same!!!

This one tricked me completely: Utah's 1795 FHD

I do agree that most are blatantly obvious, but you still need to be on the lookout. >>



You are absolutely correct. When I first saw one of these in a fake slab I was very suspicious of it, but could not condemn it without access to the excellent pictures in Dave Bower's two-volume dollar set. There are still a lot of cheap fakes sold on the streets to tourists in China, but the numismatic fakes being struck in China are very dangerous.

TD >>





100%

jdillane

<< <i>Not all fakes are the same!!!

This one tricked me completely: Utah's 1795 FHD

I do agree that most are blatantly obvious, but you still need to be on the lookout. >>




I think that some question remains re the 1785 FHD. I still think she's legit. Seems more likely that seller hijacked the images.

RedTiger

The vast majority of fakes are crude, the wrong weight, or have other obvious problems. That said, to discount the problem seems foolish to me. The high tech, high quality, die struck fakes are just ramping up, and many would fool the majority of online bidders.

There are several problems, with fake coins as one element. There are fakes being sold raw, real coins in fake slabs, fake coins in fake slabs, fake coins being sent in to be certified in real slabs. Of these problems #1 and #4, the crude fakes being sold raw, and the fakes being sent in to be certified are contained. Real coins in fake slabs, and high quality fakes in high quality fake slabs have the potential to run out of control and destroy the online anonymous marketplace that exists today.

There was a recent thread by LuckyMan about a fake ANACS slab. Only a couple of people thought the slab was fake, and only one that did so with sound reasoning. Quite a few dealers commented on the thread, and most focused entirely on the coin (possibly a real coin in a fake slab) only, entirely missing the fake slab. To me, this shows that the average online buyer will be fooled by these kinds of sophisticated fakes. To think the problem is going to get better instead of worse, is naive thinking. The fakes are only going to get better. It is a relatively easy task to make a fake slab that looks 99.9% visually perfect. Put a real coin in there, and most online buyers will think everything is fine.

link to thread

ricko

The counterfeit coins and slabs are NOT a tempest in a teapot!! As long as there is a market, it will continue.... they are improving and most eager new collectors have not the expertise to determine the difference between authentic and quality fakes. This is now and will continue to be a large problem. Cheers, RickO