Read more here:
http://www.interpol.int/Public/ICPO/PressReleases/PR2009/PR2009114.asp
Mike M.
Michael E. Marotta
"Counterfeits: Threat or Menace?"
Mike M.
Michael E. Marotta
"Counterfeits: Threat or Menace?"
===========================
April 1, 2013
BEIJING (AP) -- The head of China's Bureau of Replicas and Counterfeits
today issued a harsh warning that pirate Third World copies of
Chinese-manufactured replica coins are threatening that segment of the
nation's economy.
"We are extremely concerned that the recent flood of inferior imitations of
Chinese replica coins from pirate mints operating in Java and Ivory Coast
will mislead buyers and lead to confusion in numismatic markets," said Mao
Tse Dung, director of the government trade agency that promotes replicas and
counterfeits.
Replicas and counterfeits now contribute nearly $2 billion to the Chinese
economy. Numismatic collectors agree that most Chinese coin products are of
such high quality that even for most experts they are virtually
indistinguishable from the originals.
"We have made it possible for millions of coin collectors around the world
to acquire rare coins and key dates that would otherwise be beyond their
means," Dung said. "They are as good as, and in some cases, better than the
originals because Chinese factory mints take great pains to produce the
finest possible replicas. Strict government oversight guarantees that
Chinese replicas meet the requirements of the most exacting collectors," he
said.
"Our mints offer versions with the COPY imprint for collectors who choose to
identify their specimens as such, and without the imprint for those who
prefer not to mar the beauty of our coinage. The cheap pirated knock-offs
are made from imprints of our products, whereas most Chinese replicas are
meticulously copied directly from original specimens. We also offer our
products with authentic-looking third party grading slabs. Pirated copies
always are shipped raw," Dung said.
"We expect Beijing to issue a call next week for governments around the
world to crack down on pirate replica coinage and take strong measures to
prevent the import of inferior replicas. We also will be threatening to
break off diplomatic relations with any country that harbors pirate
coinage," Dung said.
Officials of the American Numismatic Association refused to comment on the
matter, saying they were busy dealing with the latest round of lawsuits
involving a former ANA attorney.
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I hope they then find time soon to deal with that abortion of an association
logo.
James the Aesthete
Thenk yew.
- mazorj the Satirist