Chinese fakes intercepted at ORD
Duh_OZ
http://www.dailyherald.com/article/20110421/news/704219785/
Snip:
===========
U.S. Customs agents at O'Hare International Airport continue to seize
counterfeit goods sent over from China — this time more than 350
forged rare antique U.S. coins.
Last week agents spotted something strange when X-raying a heavy
package shipped from China and found 361 coins that appeared to be
U.S. Trade Dollar coins, U.S. Customs and Border Protection agents
announced Thursday.
The coins that were pressed with dates ranging from 1873 to 1878 could
have sold for as much as $2,000 a piece if real, according to U.S.
Custom's research.
The intended recipient had planned on selling the coins over the
Internet, and contacted Customs and Border Protection agents when he
or she did not receive the shipment, authorities said.
============
Link to a few photos:
http://www.dailyherald.com/article/20110421/news/704219785/photos/EP1/#navAnchor
howard
counterfeit.
I was in HONG KONG a few years ago, and a vendor in an outdoor market had
many sleeves of 8 coins, such as pieces of eight, seated and trade dollars
and so on.
Not too long after that, I was offered a chance to buy some "rare" coins
while I was in Whittier, CA. Yes, the same sleeves!
h
Phil DeMayo
A few years ago I "caught" a couple of eBayers selling these fake
Trade Dollars claiming they bought them at a "flea market"
They still insisted that's where they got them....even after I sent
them links to the eBay auctions where they purchased lots of 25 coins
from Chinese sellers.
I hope a certain "professional journalist" makes note of this seizure
as he has often claimed that these types of seizures don't happen.
Reid Goldsborough
> U.S. Customs agents at O'Hare International Airport continue to seize
> counterfeit goods sent over from China — this time more than 350
> forged rare antique U.S. coins.
This is a good thing, though only a tiny dent. These coins in all
likelihood were destined to be sold as authentic, a bad thing. Another
good thing -- this exposure by Susan Headley a few years ago of one
Chinese counterfeiter, in Coin World and at About.com:
http://coins.about.com/od/worldcoins/ig/Chinese-Counterfeiting-Ring
The links to "Related Articles" on the above page are worth reading too.
--
Consumer: http://rg.ancients.info/guide
Connoisseur: http://rg.ancients.info/glom
Counterfeit: http://rg.ancients.info/bogos
Frank Provasek
>
> I hope a certain "professional journalist" makes note of this seizure
> as he has often claimed that these types of seizures don't happen.
Can you EVER make a claim that is not framed by omission and
misrepresentation?
The discussion...probably TEN years ago -- was whether collectors can
collect
counterfeit coins - specifically the many interesting contemporary
circulating counterfeits
of the capped bust half dollars. We don't know of any collector of
these who have had
them seized by the government. That's very different from customs
seizing fakes coming
into the country. They have the right to do this and I wish they would
stop all of them, and I
think every collector including Reid applauds their efforts.
----
Frank Provasek Rare Coins www.frankcoins.com
http://shop.ebay.com/merchant/frankcoins Texas Auction License
11259, Board member of Texas Coin Dealers Association,
Member TNA, ANA, PCGS, NGC, ICTA - Full Time Since 1991
Phil DeMayo
<fr...@frankcoins.com> wrote:
>On Apr 25, 10:28 pm, Phil DeMayo <flip1...@aol.com> wrote:
>>
>> I hope a certain "professional journalist" makes note of this seizure
>> as he has often claimed that these types of seizures don't happen.
>
>Can you EVER make a claim that is not framed by omission and
>misrepresentation?
>
>The discussion...probably TEN years ago -- was whether collectors can
>collect
>counterfeit coins - specifically the many interesting contemporary
>circulating counterfeits
>of the capped bust half dollars. We don't know of any collector of
>these who have had
>them seized by the government. That's very different from customs
>seizing fakes coming
>into the country. They have the right to do this and I wish they would
>stop all of them, and I
>think every collector including Reid applauds their efforts.
Wrong, wrong wrong Frank.
The discussion was always about whether counterfeit coins were illegal
to possess and the "journalist" claimed more than once that
counterfeits of collectible coins had never been seized even though I
found instances of a number of such seizures.
Now go back to sleep frankie.
Centless stuff
policies. But then again, ours ain't the best either. I said that like
I know what I'm talking about, eh? In China I've seen fakes of most
denominations but the most common is the 50 Yuan note. I've seen one
yuan coins so fake it looks like a kid made it. Most of the fake coins
are produced in Zhejiang province south of Shanghai. This is a large
metal casting and working region and they make BILLIONS of fakes. They
press out truckloads and sell them to shopkeepers at 35 cents on the
dollar. As for fake trade dollars they have crude to fabulous fakes
being sold openly along with all those mentioned in the article plus
more. Fake gold and jade and ivory and bear paws and antiques and
everything really. The only thing I found in China that is a
legitimate buy is to change out 100 dollar bills from the bank. There
are plenty of perfectly genuine AU/UNC 100 dollar bills from the 80's
that can be found in the bank and they're happy to trade them out with
Yuan. Some could be N. Korean fakes though. Look carefully.