What a load of crap....

ShadyDave · June 23, 2016 1:34AM

I wonder what he is smoking...

Alibaba IS the #1 exporter of counterfeit coins. They are a big reason our hobby has an issue with fakes/counterfeits.

"I want to let you know where I stand on this: Counterfeit goods are absolutely unacceptable, and brands and their intellectual property must be protected. Alibaba is only interested in supporting those manufacturers who innovate and invest in their own brands. We have zero tolerance for those who rip off other people’s intellectual property." Jack Ma quoted from the article...

Then why are there hundreds of listings on their site RIGHT NOW for fake coins, fake bullion and other items for people without morals to peddle to uninformed people? The items offered on their garbage sites alibaba and aliexpress are in direct violation of the HPA. I wonder how yahoo can even post these articles...

LindeDad · June 23, 2016 1:58AM

But they must be a reputable firm their on the Exchange now?

LindeDad · June 23, 2016 2:26AM

Or it owns WHO?

silverpop · June 23, 2016 2:36AM

no comment

TigersFan2 · June 23, 2016 2:50AM

It's not just Chinese counterfeit goods, but Chinese counterfeit companies. Be very wary of investing in any company based in China. Many eventually become delisted from the U.S. exchanges because they won't comply with the financial reporting requirements.

PaleElf · June 23, 2016 2:56AM

I would never purchase a coin from the Alibaba marketplace; however, trading BABA has helped to fund some of my Newps.

ShadyDave · June 23, 2016 3:00AM

Guys, don't worry the CEO said that "counterfeit coins are absolutely unacceptable"...

It took me 10 seconds to google this result. Doesn't seem like they're trying too hard.

BackroadJunkie · June 23, 2016 3:20AM

But... But... He just said last week that the fakes are better than the originals!

Alibaba’s Jack Ma says fakes are better than originals

Jackthecat1 · June 23, 2016 5:37AM

A pathetic joke.

TigersFan2 · June 23, 2016 5:39AM

Originally posted by: ShadyDave
Guys, don't worry the CEO said that "counterfeit coins are absolutely unacceptable"...

It took me 10 seconds to google this result. Doesn't seem like they're trying too hard.

Why would anyone pay $2 plus shipping for a fake 1958 wheat cent when the real one from any local dealer costs less?

lordmarcovan · June 23, 2016 4:16PM

Why would anyone pay $2 plus shipping for a fake 1958 wheat cent when the real one from any local dealer costs less?

And the fake 09-SVDBs are $1.80.

ricko · June 23, 2016 11:07PM

Unbelievable.... he makes such public pronouncements while real time counterfeit products are listed and selling on his marketplace..... talk about chutzpah... Cheers, RickO

TwoSides2aCoin · June 23, 2016 11:10PM

Like the majority of capitalists.

DaveWcoins · June 23, 2016 11:58PM

Originally posted by: TwoSides2aCoin

Like the majority of capitalists.

?

TigersFan2 · June 23, 2016 11:58PM

I saw on Alibaba where someone is selling a full set of Morgan Dollars (95 coins and presumably not the 1878 variaties) for $114 plus shipping.

TwoSides2aCoin · June 24, 2016 12:01AM

Originally posted by: DaveWcoins

Originally posted by: TwoSides2aCoin
Like the majority of capitalists.

?

Like eBay. Pick your poison. An entity that doesn't protect against the load of crap.

metalmeister · June 24, 2016 3:36AM

I mean counterfeiting the Holders. It's going to destroy the hobby if the hammer doesn't come down on these %#$k heads!!!

grip · June 24, 2016 4:18AM

Welcome to my shop!

I only sell replica coins for collections, none of the coins I sell are original. Please don't buy them as the original coins. I sell these copied coins only want to make your collections more perfect. About shipping: It takes about 20 to 30 days to carry to American, and 25 to 35 days to European and other countries. Hope you could wait for your items patiently. I will mail the coins to you in 10 business days after pay them, In order to receive them as soon as possible, please pay them as quickly as possible. Thank you, by the way you could contact me if you need EMS, Best wishes! Thanks!

davewesen · June 24, 2016 6:03AM

don't they use the eBay defense?

"they are just a venue. and can not verify all items sold"

Ethan · June 26, 2016 8:41AM

Well isn't that funny....I can not cuss but P.O.S. comes to mind.

FullStrike · June 26, 2016 9:00AM

China is currently turning the South China Sea into a large Nuclear armed Base of Airfields and Submarine Ports.

How is this going to turn out? The Chinese seem to own us. Soon they will control EVERYTHING.

Oh well, I'll always have my Alibabels to play with.

What a load of crap....

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