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Facing the Chinese Counterfeit threat

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  • All I have to say is buy american
    I do and you should too

    For example recently bart ( bay area rapid transport)got federal funding for new train cars as long as they meet a minimum of 60% usa originated parts/materials.

    While The offer they accepted is from a canadian company using 66% american
    And they rejected an offer from a french company which would have used 95% american materials
    Both companies offerred to make the train cars in the US (new york)
    This is a step in a positive direction IMO, were generating revenue for our country and fellow citizens.
    If we all cut back on being greedy and lining our pockets then all of us would prosper long term.
    These fakes usually come from california, which has barely any manufacturing, high unemployment, those employed are underemployed, with high living costs.
    Believe it or not california used to have manufacturing jobs and better job market/ prospects back in the day but feel apart to greed and cheap chinese imports.
    I see so many fake high end luxury fake counterfeit chinese products for sale here in san francisco, its quite disgusting and pathetic.
    So please BUY AMERICAN


  • WTCGWTCG Posts: 8,940 ✭✭✭


    << <i>All I have to say is buy american
    I do and you should too

    For example recently bart ( bay area rapid transport)got federal funding for new train cars as long as they meet a minimum of 60% usa originated parts/materials.

    While The offer they accepted is from a canadian company using 66% american
    And they rejected an offer from a french company which would have used 95% american materials
    Both companies offerred to make the train cars in the US (new york)
    This is a step in a positive direction IMO, were generating revenue for our country and fellow citizens.
    If we all cut back on being greedy and lining our pockets then all of us would prosper long term.
    These fakes usually come from california, which has barely any manufacturing, high unemployment, those employed are underemployed, with high living costs.
    Believe it or not california used to have manufacturing jobs and better job market/ prospects back in the day but feel apart to greed and cheap chinese imports.
    I see so many fake high end luxury fake counterfeit chinese products for sale here in san francisco, its quite disgusting and pathetic.
    So please BUY AMERICAN >>



    Then I assume you don't own a television or any electronic item and you walk around in public naked. How about the computer you're using to respond to this thread? Made in America? Fat chance. Own a car made by GM, Chrysler or Ford? I'll bet your car was made in Canada or Mexico.

    Here's a common saying: twice the cost, half the quality and endless rhetoric about all those blood, sweat and tears that supposedly went into making that otherwise mediocre product. You can save all those blood, sweat and tears. Just give me a good product at a good value.

    As for the new BART rolling stock, the company that won the bid is Bombardier, a Canadian company and one of the world's most reliable rail car manufacturers. No American company regularly designs or manufactures rail cars. Since you're in the Bay Area do you remember those per-2000's era Muni Metro cars made by Boeing? Remember how unreliably craptacular those were? Did you know Muni acquired those cars new from Boston's MBTA because the MBTA gave up on their order due to poor product reliability? The current Muni Metro rolling stock was made by Breda, an Italian company.

    The current BART rolling stock was manufactured by Rohr, an American company that has been on life support for years. As you know those Rohr cars were built on uncommon gauge platforms (essentially custom made, resulting in unusually expensive costs to maintain) and are notoriously unreliable. It's been said at least 100 cars are out of service at any given time due to maintenance issues.

    The point is the best decision is to choose the best all around product with consideration to cost, quality, durability and efficiency. Base a decision on nationalism and chances are in the long run that decision will ultimately turn into an expensive liability. Made in America is great but that reason alone does not justify settling for an inferior product.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>Believe it or not california used to have manufacturing jobs and better job market/ prospects back in the day but feel apart to greed and cheap chinese imports. >>

    As someone who was laid off twice for the same reason, I can tell you California didn't lose those manufacturing jobs due to greed. Those jobs were lost due to government regulations. Good, bad or indifferent, that's why those jobs disappeared.
  • keyman64keyman64 Posts: 15,543 ✭✭✭✭✭
    Thanks for the post. Very interesting and scary! Congrats on passing the test! Lucky for me I am only collecting widgets right now (Mercury Dime Varieties) so it is highly unlikely that the Chinese will find those to be profitable.
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:


  • << <i>

    << <i>Believe it or not california used to have manufacturing jobs and better job market/ prospects back in the day but feel apart to greed and cheap chinese imports. >>

    As someone who was laid off twice for the same reason, I can tell you California didn't lose those manufacturing jobs due to greed. Those jobs were lost due to government regulations. Good, bad or indifferent, that's why those jobs disappeared. >>



    You have to be kidding right??
    Government regulations is all about greed.
    They slap fees and fines and permits aka regulations on companies. They bilk these companies for money to line their coffers. What has happened here in california is that many of these companies have decided its cheaper to go to china then update and meet regulations. Go talk to any of the corner/liquor store owners in SF they'll tell you how they're being pushed out and how in the past 10 years they come up with a regulation, fee and permit for every aspect of their business.
    Greed from the government as well as greed from the owners. Us as customers also bought a plethora of cheap chinese imports which helped fuel the rage.

    Greed from all 3 sides, government, producers, customers.

  • ElcontadorElcontador Posts: 7,689 ✭✭✭✭✭
    I believe that ferreting out Chinese counterfeit coins is similar to spotting doctored coins. Experts may be very good, but they are people, and people make mistakes. The powers that be typically react to potentially negative situations after they already exist.

    A real problem here is that some legitimate coins might be zapped as being counterfeit. It is not a coincidence that as there was more money to be made by doctoring coins, the best of the coin doctors made their work harder to spot. Some copper doctors have gotten so good that a doctored RD Lincoln Head Cent often can't immediately be spotted for what it is.

    When I was in Vietnam, I bought a fake 1875 CC Trade $. I bought it because all of the other fakes were 1875 S coins, and they were obviously fakes. This one was very good. It bought fooled every dealer who saw it. The giveaway was that since it appeared circulated, I was fine with some dealers literally dropping it on a hard surface to listen for its 'ping.' This was the only way to spot that it was fake. The 'ping' wasn't quite right because the metallic content of the coin was off.

    Surely, the best of the coin doctors over there have improved their craft since then. PCGS and NGC have their hands full with this; I don't envy them.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."


  • << <i>

    << <i>All I have to say is buy american
    I do and you should too

    For example recently bart ( bay area rapid transport)got federal funding for new train cars as long as they meet a minimum of 60% usa originated parts/materials.

    While The offer they accepted is from a canadian company using 66% american
    And they rejected an offer from a french company which would have used 95% american materials
    Both companies offerred to make the train cars in the US (new york)
    This is a step in a positive direction IMO, were generating revenue for our country and fellow citizens.
    If we all cut back on being greedy and lining our pockets then all of us would prosper long term.
    These fakes usually come from california, which has barely any manufacturing, high unemployment, those employed are underemployed, with high living costs.
    Believe it or not california used to have manufacturing jobs and better job market/ prospects back in the day but feel apart to greed and cheap chinese imports.
    I see so many fake high end luxury fake counterfeit chinese products for sale here in san francisco, its quite disgusting and pathetic.
    So please BUY AMERICAN >>



    Then I assume you don't own a television or any electronic item and you walk around in public naked. How about the computer you're using to respond to this thread? Made in America? Fat chance. Own a car made by GM, Chrysler or Ford? I'll bet your car was made in Canada or Mexico.

    Here's a common saying: twice the cost, half the quality and endless rhetoric about all those blood, sweat and tears that supposedly went into making that otherwise mediocre product. You can save all those blood, sweat and tears. Just give me a good product at a good value.

    As for the new BART rolling stock, the company that won the bid is Bombardier, a Canadian company and one of the world's most reliable rail car manufacturers. No American company regularly designs or manufactures rail cars. Since you're in the Bay Area do you remember those per-2000's era Muni Metro cars made by Boeing? Remember how unreliably craptacular those were? Did you know Muni acquired those cars new from Boston's MBTA because the MBTA gave up on their order due to poor product reliability? The current Muni Metro rolling stock was made by Breda, an Italian company.

    The current BART rolling stock was manufactured by Rohr, an American company that has been on life support for years. As you know those Rohr cars were built on uncommon gauge platforms (essentially custom made, resulting in unusually expensive costs to maintain) and are notoriously unreliable. It's been said at least 100 cars are out of service at any given time due to maintenance issues.

    The point is the best decision is to choose the best all around product with consideration to cost, quality, durability and efficiency. Base a decision on nationalism and chances are in the long run that decision will ultimately turn into an expensive liability. Made in America is great but that reason alone does not justify settling for an inferior product. >>



    Made in america inferior to made in china??? I think not
    Quality in america is superior to the death trap cookie cutter products china makes
    They might as well put a warning on made in china products "may be lethal"

    As for your bet you may wanna cough up, I use a lotus laptop, which is made in america, and of great quality.
    My daily driver is a new honda civic also made in america at 70% and damn proud of it.

    The bart train cars are of high quality theyve been in service for 40 years, well past their lifetime. I can show you chinese drywall that doesnt last 3 months before melting.
    Yes melting drywall. Now thats an expensive fix, condemned homes, cancer, breathing ailments
    Now thats really expensive but the chinese dont care for their own.

    As for your little canada mexico comment its quite easy to pull a qoute from several news stories.
    However as of currently canada autoworkers have a higher wage by almost $5 over their U.S counterparts, its only a matter of time till jobs shift here due to lower wages as well as stability compared to mexico.

    So Wei, I expect a nice gold bar in the mail image,
    And buy Made In America. Highest quality items from the greatest nation on earth...
  • PerryHallPerryHall Posts: 46,868 ✭✭✭✭✭


    << <i>Just a curiosity, how many people could detect an Omega counterfeit without the symbol? I know some can, but they would trade as real all day long in the raw world. >>



    The omega counterfeit double eagles have been around since the 1970's and the quality isn't nearly as good as the ones being produced today. For example, there are numerous areas of tooling especially in the rays of the sun on the reverse that are visible under low magnification. Don't confuse the good counterfeits with the amateurish crap coming out of China these days.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • onejinxonejinx Posts: 299


    << <i>I use a lotus laptop, which is made in america, and of great quality. >>



    Just because it was assembled here in the US, doesn't make it "made in the USA" if all the internal parts are made overseas
  • Thought i should bump this, just to keep everyone on their toes
  • bosco5041bosco5041 Posts: 1,303
    Yes, I think it would be nice to keep this thread going to keep up on the latest about this. Some of us (me) live out in rural areas and don't have many if any collecting friends and this is one of the few information centers we have.
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>As some of you may know, it is perfectly legal to counterfeit coins in China, as long as they are dated prior to 1949(!). That includes coins of all nations (Chinese too!). >>



    This situation may work in China because (a) Chinese coins before 1949 are not legal tender (regime change) and (b) the collecting hobby is not as well developed.

    It seems like the goals for legal alignment in this area should be two-fold: (1) get laws on the books that protect coins to antiquity and (2) get the laws enforced.
  • TwoKopeikiTwoKopeiki Posts: 9,862 ✭✭✭✭✭
    Like I've mentioned in another post, I believe that in the near future the only way to authenticate would be to perform alloy composition analysis. There are XRF industrial scanners already in use in other industries and it's only a matter of time before TPG's adopt the practice as standard.
  • johnny9434johnny9434 Posts: 29,262 ✭✭✭✭✭


    << <i>American greed is a large part of Chinas success. Take a look in the mirror, we are all at fault. >>

    yes corporate america has alot to do with that.
  • 2ndCharter2ndCharter Posts: 1,704 ✭✭✭✭✭
    yes corporate america has alot to do with that.

    Yes, let's turn a useful, informative thread into a political discussion.

    Give me a break. image

    Member ANA, SPMC, SCNA, FUN, CONECA

  • Yeh! So there!
  • Food fight!

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