Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Silver Bug

Like Tree8Likes
  • 4 Post By Bonzo
  • 2 Post By PMBug
  • 2 Post By cshawcuk

Reply
 
LinkBack Thread Tools
Old 01-13-2012, 10:34 AM   #1
Fly on the wall
 
Join Date: Nov 2011
Location: Michigan
Posts: 35
Liked: 20 times
counterfeit maples

Hi ya'll. First post here on PM bug. Just a heads up and one more thing to worry about. Anyone ever run into counterfeit coins or bullion? http://forums.collectors.com/message...hreadid=842797
Bonzo is offline   Reply With Quote
Old 01-13-2012, 11:57 AM   #2
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,014
Liked: 2443 times
Hi Bonzo, welcome to the forum (yes, I see you joined earlier, but you don't really join a forum until you say something!).

We have a couple of discussions about counterfeits going around here:

http://www.pmbug.com/forum/tags/counterfeit/

Good info on the Maples.

__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now   Reply With Quote
Old 01-13-2012, 01:40 PM   #3
n00b
 
Join Date: Oct 2011
Location: paris
Posts: 14
Liked: 9 times
Great pictures can we do the same with fake pandas,eagles,Brits,and aussies?let's have a verification party!
cshawcuk is offline   Reply With Quote
Old 01-13-2012, 02:55 PM   #4
PM Bug Supporter
 
DoChenRollingBearing's Avatar
 
Join Date: Oct 2011
Location: SE USA
Posts: 1,275
Liked: 691 times
EXCELLENT thread Bonzo and great pictures PMBug. Rated five stars!

I guess counterfeiters are not scared of Canada's version of the Secret Service.

But, woe be upon us once they start counterfeiting Gold and Silver Eagles. "All your fakes are belong to us!"

---

FYI, in Peru we have occasional problems with FAKE Korean bearings. The bearings are made in China (with no marks ID-ing the piece or origin), then they (Peruvians) print "Korea", "KBC" and the bearing number on the piece. They even have one or more printers in Peru who print up FAKE boxes (we sell our bearings ready for retail sale in individual boxes -- see my blog!). The counterfeiters do a pretty good job...

We sent some fake pieces off to KBC's lab there in Korea. They took similar pictures (like yours PMBug) pointing out how to tell a fake from the real KBC. We took those pictures and info and made brochures to help our customers (etc.) ID a genuine from a fake.

We once were "this close" to busting a counterfeiting ring down there. We had (with the cops) a wiretap on a perp and we were setting up a sting to BUST 'em. As our two guys were riding with the cops and a prosecutor to go and get them, the prosecutor said she wanted "one last look" at the papers authorizing this... You all know what happened next: a judge had not signed off on one of them. No bust! If I had been along, I would have just offered to sign the paper myself for 1000 soles ($350)...
DoChenRollingBearing is offline   Reply With Quote
Old 01-13-2012, 03:06 PM   #5
Yellow Jacket
 
ancona's Avatar
 
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
So, are tehy plated counterfeits or silver ones. At least with silver ones, you still have the ounce of silver.

I know the Chinese are constantly cranking out New Orleans and Carson City silver dollar counterfeits that are supposed to be pretty damn good. They age them and everything.
__________________
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline   Reply With Quote
Old 01-15-2012, 09:55 PM   #6
Predaceous stink bug
 
white&yellow999's Avatar
 
Join Date: Nov 2011
Location: USA
Posts: 239
Liked: 98 times
Thanks for the info Bonzo.
white&yellow999 is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Counterfeit Gold, Counterfeit Silver DoChenRollingBearing PM Bug 11 01-22-2019 07:52 AM
Caveat Emptor - counterfeit market booming Steven Douglas Gold Bug 0 11-14-2011 03:22 PM


All times are GMT -5. The time now is 02:33 PM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2019 Measuring Up. All Rights Reserved.