[Asheron]

Below is a website for fake Silver Coins...................... Beware! They are flooding America and the UK


http://haulson.en.ma...-catalog-1.html

This post has been edited by Asheron: 11 March 2012 - 07:15 PM

[rit]

If you want a feel to how big a business this is this link provides a lot of detail

http://coins.about.c...erfeiting-Ring/

[Peter Hun]

Now that will kill confidence in the Gold and Silver scam.

[rit]

Peter Hun, on 12 March 2012 - 07:22 AM, said:

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.

[doahh]

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:

Quote

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:

Quote

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!

This post has been edited by doahh: 12 March 2012 - 03:21 PM

[Take Me Back To London!]

Peter Hun, on 12 March 2012 - 07:22 AM, said:

Now that will kill confidence in the Gold and Silver scam.

Yeah, better stick with the paper scam.

[Son of Taeper]

rit, on 12 March 2012 - 11:17 AM, said:

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.goldsover...o.uk/fakes.html

[jonb]

doahh, on 12 March 2012 - 03:20 PM, said:

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....ile:AGPanda.png , has text in English, and doesn't have a currency value on it.