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Start your own counterfeit coin business!

BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

SMH...

From Coin World:

A Chinese online distributor of counterfeit United States coins is now offering what amount to “starter kits” of counterfeit Professional Coin Grading Service holders with fake grading labels.

PCGS President Don Willis said little can be done legally to combat the counterfeiting until the material hits American soil.

coinworld: Chinese online firm offering counterfeit holder ‘starter kits’

Let's be careful out there... :'(

Comments

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    SmudgeSmudge Posts: 9,969 ✭✭✭✭✭

    Seen this before. Scary.

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    numismanumisma Posts: 3,877 ✭✭✭✭

    ICTA is working hard on this problem, and I am confident that we will see big changes within the next year or so. You can visit the ICTA website to read about their initiative.

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    COINS MAKE CENTSCOINS MAKE CENTS Posts: 1,886 ✭✭✭✭✭

    That's sad! You would think something could be done but I guess thays how it goes.

    New inventory added daily at Coins Make Cents
    HAPPY COLLECTING


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    ECHOESECHOES Posts: 2,974 ✭✭✭✭✭

    If I might ask, the real slab's PCGS uses to encapsulate coins,
    where are they manufactured?

    ~HABE FIDUCIAM IN DOMINO III V VI / III XVI~
    POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
    Love for Music / Collector of Dreck
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    PerryHallPerryHall Posts: 47,517 ✭✭✭✭✭

    @ECHOES said:
    If I might ask, the real slab's PCGS uses to encapsulate coins,
    where are they manufactured?

    I'm sure that's a proprietary secret.

    (China ;) )

    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

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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Yikes !!! :s

    Timbuk3
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    ECHOESECHOES Posts: 2,974 ✭✭✭✭✭

    If so, it would seem to me to be the root of the problem.
    Manufacture the slabs in the USA, control production equipment.
    Might be to late now, very sad to think I would have to have the slab as well as the coin authenticated. This really hurts the hobby in every aspect...

    ~HABE FIDUCIAM IN DOMINO III V VI / III XVI~
    POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
    Love for Music / Collector of Dreck
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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Unbelievable.... but real. However, where there is profit to be made, you will find scammers .... We already have counterfeit coins and counterfeit tarnish (AT), so slabs and labels are just another area to scam the unwary. Cheers, RickO

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    MsMorrisineMsMorrisine Posts: 39,436 ✭✭✭✭✭
    edited August 3, 2018 6:57AM

    how does one seal them so they look real and do not separate?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    sellitstoresellitstore Posts: 3,084 ✭✭✭✭✭

    Probably glue.

    Real ones are sonically sealed, but that's not too hard to duplicate.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
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    1630Boston1630Boston Posts: 14,156 ✭✭✭✭✭

    Plastic Welding explained in detail
    General description

    The ultrasonic welding technology for plastics is considered part of the melt welding processes. The process is based on a conversion of friction and vibration energy into heat. Using a welding tool called a sonotrode, the high-frequency vibrations generated by the ultrasonic system, in combination with pressure, are transferred to the parts to be joined, which leads to relative vibrations in the jointing zone. The micro melt resulting from the friction heat presents a vibration barrier, which causes vibration energy to be absorbed and converted into heat, which then causes the weld contour to melt in fractions of a second and thereby form a molecular connection. As a rule, the plastic parts to be welded have to have a weld contour that corresponds to the type of material and the requirements for the weld seam. When sealing with ultrasonic technology the required heat is exclusively generated within the thermoplastic sealing layer. Contours focus the energy input and result in very short sealing times. During ultrasonic sealing, the heat is generated inside the foil. This means that no heat input from the outside is required. The tools used in the welding process remain cold. The heat energy input into the product is very small. The temperature exchange between the carrier and sealing layer takes place very rapidly. This results in very good hot seam strength.

    Longitudinal method

    This is the most common ultrasonic method for welding plastic components. Generally the entire welding system is arranged vertically. The vibrations are applied vertically to the connecting pieces; the welding pressure is produced by a cylinder that pushes the entire system along the welding axis towards the upper connecting piece.

    Torsional method

    Here the system is also generally arranged vertically, but this time the process is entirely different. This method is a type of high-frequency friction welding. The vibrations are applied tangentially: the sonotrode moves the upper connecting piece horizontally in relation to the lower connecting piece. The friction produces a melt between the two connecting pieces thanks to the high vibration frequency (20 KHz), amplitude, and pressure.
    Because of the tangential motion of the upper connecting piece, the lower connecting piece is placed under virtually no strain by the ultrasound. This method is therefore particularly suitable for applications where additional vibrations in the direct vicinity of the ultrasonic weld are undesirable due to a risk of damage, e.g. sensitive parts, foils, fabrics, thin die-cast components (die-injected springs; fine meshes), electronics. Under certain circumstances this method can be used for joining different plastics together.

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko

    Bad transactions with : nobody to date

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    gripgrip Posts: 9,962 ✭✭✭✭✭

    Could you break that down in English J/K

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    1630Boston1630Boston Posts: 14,156 ✭✭✭✭✭

    I think the ultrasonic sealing is just vibrations that heat the plastic up to fuse it together without melting it completely, but I know others here can explain it better. :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko

    Bad transactions with : nobody to date

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