Which hobby has the most scammers?
Cards? Coins? Autographs? Stamps? Something else?
I think coins might have it.. What'ya think?
I think coins might have it.. What'ya think?
Follow me - Cards_and_Coins on Instagram
They call me "Pack the Ripper"
They call me "Pack the Ripper"
0
Comments
<< <i>artwork is likely the most forged of all >>
That is getting harder all the time. What could be done by Wacker in the 20's, Van Meegeren in the 40's and and De Hory in the 50's and 60's could simply not be not today with neutron activation radiography and chemical analysis. Autographs are ripe and fertile ground, where people buy certificates and many generally have less skills than any other discipline, just giving up and relying blindly on fairly worthless COA's.
Eric
Scammers are everywhere looking to pounce on people trying to get enjoyment out of a hobby.
go to a flea market or antique mall.
In one sense it makes it more of a challenge but it is the proverbial "mine field".
All of the problem type coins I mentioned above have found their way into top-tier grading company holders, too.
<< <i>Not sure about the most scammers, but coin collecting has plenty. Cleaning, dipping, artificially toning, adding/removing mintmarks, altering dates, puttying gold coins, to name just some methods. There are also more fakes than ever, including the numerous ones that come from China due to their law allowing it.
All of the problem type coins I mentioned above have found their way into top-tier grading company holders, too. >>
This! ^
Most of those are the primary reasons why I eventually had to call it quits with numismatics!
Nick
Reap the whirlwind.
Need to buy something for the wife or girlfriend? Check out Vintage Designer Clothing.
<< <i>Dating sites?
Nick >>
This week a former employee of a dating site sued them because of damage to her wrists from typing up 1000s of fake profiles.
But any vacancy will be filled - wherever the $ is as noted above - and that greed often leads to a reveal.
Eric
<< <i>Whatever hobby has the biggest flow of money, has the most scammers. >>
So we can cross Pogs off the list of possibilities, right
Confederate Civil War artifacts. Experts in Civil War artifacts estimate that roughly 90% of all Confederate Civil War artifacts in the marketplace today are counterfeits!! Yes that's 90%.
Second place...........
Sports autographs. A few years back an extensive FBI investigation concluded that roughly 70% to 75% of ALL sports related autographs in the marketplace are fakes!
<< <i>The answer is............
Confederate Civil War artifacts. Experts in Civil War artifacts estimate that roughly 90% of all Confederate Civil War artifacts in the marketplace today are counterfeits!! Yes that's 90%.
Second place...........
Sports autographs. A few years back an extensive FBI investigation concluded that roughly 70% to 75% of ALL sports related autographs in the marketplace are fakes! >>
I believe the number is easily much higher - I've never heard that low a number.
Edit to add: Lowest I have heard is 85%.
Eric
<< <i>But at 90% you're talking about a much smaller number of items and market for civil war items. Even if only 10% of sports autographs were bad it would be many times more items and people making it and buying it. All the sports shows, card shops, catalog and mail order stores, a pen and paper is all you need to be an autograph scammer. A few Abner Doubleday's and then you can invest in some sharpies and pictures. >>
I think the autograph percentage needs to be attributed to certain key names. If I go to a show and someone has 200 signed cards from no names, I don't think the percentage is that high. Now if you are talking about Jordan, Mantle, Tiger, etc. then the percentage is definitely very high.
<< <i>a pen and paper is all you need to be an autograph scammer >>
...and this why the autograph hobby has the most scammers.
<< <i>
<< <i>a pen and paper is all you need to be an autograph scammer >>
...and this why the autograph hobby has the most scammers. >>
Yes, but you do need one more ingredient. An uninformed and uneducated buyer.
And everyone has the potential to NOT be that.
Eric
Wine fraud
They call me "Pack the Ripper"