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1 posted on 04/07/2011 4:31:51 PM PDT by DeaconBenjamin
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To: DeaconBenjamin

Man is there nothing those Chinese won’t counterfeit?


2 posted on 04/07/2011 4:38:31 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: DeaconBenjamin
We have been in business for over 35 years and sold nearly 5,000 coins last year alone! There is a question on two of them. That should say something!"

From the facts presented in the article, there is a question on at least three of them -- all three sold to the same customer. Given that three out of three coins sold to one customer were found to be fakes, in the words of the dealer, "THAT SHOULD SAY SOMETHING."

With three separate shipments of fradulent merchandise, RICO statutes probably kick in, which will make thie HUGH and SERIES!

3 posted on 04/07/2011 4:39:45 PM PDT by VRWCmember (Veritas vos Liberabit)
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To: DeaconBenjamin

Also: don’t buy gold coins from the St Petersburg Mint (Russia).

If you do, make sure you take out a rust insurance policy.


4 posted on 04/07/2011 4:43:26 PM PDT by agere_contra (As often as I look upon the cross, so often will I forgive with all my heart.)
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To: DeaconBenjamin
Below is a Burnsville CO. coin no one suspected was counterfeit.


6 posted on 04/07/2011 4:47:55 PM PDT by Defend Liberty
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To: DeaconBenjamin

The value of sending a coin to be graded is dubious at best. And now it becomes obvious that if $100 bills of near perfect quality can be made so can a simple plastic holder with a label.

That’s why I’d never pay a dime extra for a “graded” coin.


8 posted on 04/07/2011 4:56:53 PM PDT by count-your-change (You don't have be brilliant, not being stupid is enough.)
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To: DeaconBenjamin

You would think the Secret Service would be after him too.


10 posted on 04/07/2011 5:04:46 PM PDT by razorback-bert (Some days it's not worth chewing through the straps.)
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To: DeaconBenjamin; Beelzebubba; CodeToad; dennisw; ExSoldier
This is why I don't mess with numismatics. It's for folks with a VERY high level of expertise only.

I just want bullion. Tell me the spot price and let's make a deal.

11 posted on 04/07/2011 5:28:19 PM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: DeaconBenjamin

I picked up a counterfeit seated liberty $ on EBay on purpose. It cost $2 which included shipping. I sent the money via paypal to some Chinese email address. The coin was quite well made, but obviously the die was made from a worn coin and the coin itself was some sort of pot metal. I turned it around at the flea market that day and made $1 profit.


13 posted on 04/07/2011 5:48:19 PM PDT by palmer (Cooperating with Obama = helping him extend the depression and implement socialism.)
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