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If authentication companies do not destroy counterfeits,...

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  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭
    edited March 24, 2018 4:24PM

    Slugs are covered by the same laws as counterfeiting.

    RE: "So there is a strong correlation between counterfeits issued and economic dearth?"

    Not necessarily. The distinction is between use as money, and deception as something non-monetary -- such as the premium on a collector coin.

    Monetary counterfeits need only be good enough to be accepted by the next recipient. A non-monetary premium counterfeit must pass greater scrutiny because the recipient is paying more than face value.

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited March 24, 2018 5:00PM

    @Insider2 said:

    I believe this is a tactic of "progressives." Change the subject.

    You are intelligent enough to understand that fewer mentions would decrease the chance of the subject of reappearing.
    You are alert enough to know Forum rules on political statements. :s
    Your "sanctuary cities" "instigator" @OldIndianNutKase may not . :*
    I put my politics elsewhere, but will debate _states right vs Federal__ from the "conservative" side if you will take the "progressive" one.

    Otherwise, put your rhetoric away because @CJ was a Poli-Sci" major who knows our Constitution even more so than the President.

    See the deflection?
    It's what I said when someone asked me to debate Ted Cruz :p

    Stay strong, but try a different brand of laxative. o:)

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • BustDMsBustDMs Posts: 1,671 ✭✭✭✭✭

    @Insider2 said:
    @JBK said:
    I know you know this but in case others don't, the SS was established a long, long time ago. At some point, they became involved with counterfeiting. Mostly paper currency but also our coins.

    One of the ORIGINAL reasons for the secret service WAS counterfeit currency.

    Q: When does a collector become a numismatist?



    A: The year they spend more on their library than their coin collection.



    A numismatist is judged more on the content of their library than the content of their cabinet.
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited March 24, 2018 6:09PM

    @Zoins said:

    @logger7 said:
    ICG has a yellow holder for fakes:

    Too bad they don't have some type of crack proof system to go with that. or have a red dye come out with an alarm if you do.

    Do they attribute counterfeit varieties like for contemporary counterfeits? It may be interesting to note it for collectors.

    @Zoins said:

    @PerryHall said:

    @logger7 said:
    ICG has a yellow holder for fakes:

    Too bad they don't have some type of crack proof system to go with that. or have a red dye come out with an alarm if you do.

    Why do they say "NOT GENUINE" on the label rather than just say "COUNTERFEIT" or "FAKE"? :/

    It would also be useful to have distinctions between "CONTEMPORARY COUNTERFEIT" and "MODERN COUNTERFEIT".

    ICG attributes AND GRADES the counterfeit Morgan dollars by VAM #. Machin's Mills can go in regular or C/F slabs with an attribution. Other things you might find on the "variety" line include:

    Cast
    Struct Counterfeit
    Electrotype
    Contemporary C/F

    I predict that by this time next year, ALLL the major TPGS's will copy the ICG Counterfeit tier so save up all those crude lead copies. :)

    We don't use "modern" because what was modern at ANACS in 1971 is not any longer.

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