Asheron Posted March 11, 2012 Share Posted March 11, 2012 (edited) Below is a website for fake Silver Coins...................... Beware! They are flooding America and the UK http://haulson.en.made-in-china.com/product-group/obqQfwtOAGkv/Silver-Coins-catalog-1.html Edited March 11, 2012 by Asheron Quote Link to comment Share on other sites More sharing options...
rit Posted March 11, 2012 Share Posted March 11, 2012 If you want a feel to how big a business this is this link provides a lot of detail http://coins.about.com/od/worldcoins/ig/Chinese-Counterfeiting-Ring/ Quote Link to comment Share on other sites More sharing options...
Peter Hun Posted March 12, 2012 Share Posted March 12, 2012 Now that will kill confidence in the Gold and Silver scam. Quote Link to comment Share on other sites More sharing options...
rit Posted March 12, 2012 Share Posted March 12, 2012 Now that will kill confidence in the Gold and Silver scam. No it's more a problem for coin collectors, it's easy to tell a pure gold coin and the value of such a coin means that tests will be carried out every time it changes hands. For silver coins the value if not found in the metal but instead the rarity of the coins. Quote Link to comment Share on other sites More sharing options...
doahh Posted March 12, 2012 Share Posted March 12, 2012 (edited) I hope that original post was tongue-in-cheek. The prices (US $ 0.9-1.5/ Piece) make it quite clear that these are memorabilia. If you visit their Chinese Panda Silver Coin then under the Disclaimer it states: Material: brass, zinc alloy, copper, iron etc. Process: die-cast, stamping, hot-cast, printing, photo-etches are available. Finishing: various electric plating colors such as gold, imitated gold, silver, antique silver, copper, chrome, nickel and finishing are availible etc. Only the excessively greedy and idiotic are going to get caught out here, and they can probably return them saying that they didn't realise they were ornamental only. The only way someone can really get caught out is if someone else bought a lot of them and then sold them on as real coins, and if they are buying coins from someone they didn't trust then you really should know how to detect obvious fakes. There is even this from their About us page: Through years' development, we are being a professional manufacturer of wooden products, custom-made Metal, Badge, Embroidery Emblems, Lapel Pins for more than 15 years, what we can convince customers are efficiency, specialist, sincerity and excellent quality. During the past 15years, we have successfully made millions of wooden items, and billions pieces of Medal, Lapel Pins, Emblems and Badges form multi-applications ranging from national day celebration, festival celebration, congress, academic awards, souvenirs, memorial coin, parade, sporting, military, racing games, professional sport game and etc., WUDA is the synonym of custom-made Medals, Badges, Lapel Pins and Emblems manufacturer. There are clearly making memorabilia and not even remotely attempting to commit fraud. Wow, gold is even cheaper at US $0.09-0.99 / Piece! By this time next year, I'll be a millionaire! Edited March 12, 2012 by doahh Quote Link to comment Share on other sites More sharing options...
Take Me Back To London! Posted March 14, 2012 Share Posted March 14, 2012 Now that will kill confidence in the Gold and Silver scam. Yeah, better stick with the paper scam. Quote Link to comment Share on other sites More sharing options...
Son of Taeper Posted March 15, 2012 Share Posted March 15, 2012 No it's more a problem for coin collectors, it's easy to tell a pure gold coin and the value of such a coin means that tests will be carried out every time it changes hands. For silver coins the value if not found in the metal but instead the rarity of the coins. http://www.goldsovereigns.co.uk/fakes.html Quote Link to comment Share on other sites More sharing options...
jonb Posted March 15, 2012 Share Posted March 15, 2012 I hope that original post was tongue-in-cheek. The prices (US $ 0.9-1.5/ Piece) make it quite clear that these are memorabilia. If you visit their Chinese Panda Silver Coin then under the Disclaimer it states: Only the excessively greedy and idiotic are going to get caught out here, and they can probably return them saying that they didn't realise they were ornamental only. The only way someone can really get caught out is if someone else bought a lot of them and then sold them on as real coins, and if they are buying coins from someone they didn't trust then you really should know how to detect obvious fakes. There is even this from their About us page: There are clearly making memorabilia and not even remotely attempting to commit fraud. Wow, gold is even cheaper at US $0.09-0.99 / Piece! By this time next year, I'll be a millionaire! Besides, it looks absolutely nothing like the real silver panda coin http://en.wikipedia.org/wiki/File:AGPanda.png , has text in English, and doesn't have a currency value on it. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.