That was quick: 1oz Perth Mint Goats $1.96 in bulk lots of 100 (China)

Discussion in 'Silver Coins' started by SpacePete, Sep 23, 2014.

  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Quality looks very good. I still can't understand how these aren't illegal. They don't show the obverse so I'm guessing it has "replica" stamped on it somewhere.

    Free Shipping Wholesale 2015 Year of the Goat Perth Australian Mint 1 oz 999 Fine Silver Plated Copy Coins
    Discount Price:
    US $195.80 / lot (100 pieces / lot , US $1.96 / piece)

    http://www.aliexpress.com/item/Free...ian-Mint-1-oz-999-Fine-Silver/2040660263.html

    [​IMG][​IMG]
     
  2. Andelis

    Andelis New Member

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    Regarding the quality, the images are not any indication of the quality you will receive. It's quite common on Alibaba/AliExpress for manufacturers to take photographs of other manufacturers' products to show what they "can" do and then deliver something inferior.

    There are a lot of counterfeits on that site (eg: http://www.aliexpress.com/item/1-2-...EN-COIN-ELIZABETH-II-NEW-COIN/1818165118.html ($100 AUD for less than $3 USD, bargain!) so I wouldn't be too surprised if the obverse was the same as the original. It is odd that no one seems to be taking any action against them, despite them counterfeiting currency.
     
  3. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  4. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    Product images in an Alibaba listing only mean that the seller knows how to download pictures from the internet and re-post them.

    They'll always have at least one real product on hand anyway, because that's what they use as a reference to make the copies.


    Also, whatever you do DON'T BUY THESE. Importing them is a criminal offense and the Federal Police take it seriously. As in seriously seriously.
     
  5. Agnostic

    Agnostic Active Member Silver Stacker

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    I worry about the flood of replicas and their impact on gold and silver as SHTF currency.

    In a post-collapse situation I cannot see many people having access to XRF technology.

    Currency needs to have confidence to be widely used.

    Anyone else thought about this issue?
     
  6. zulu

    zulu Member Silver Stacker

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    They copy and forge paper currency too !!!
     
  7. dragafem

    dragafem Well-Known Member Silver Stacker

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    ... and I believe they are now trading on the stock exchange...it was THE news(for the media) the other day....
     
  8. dragafem

    dragafem Well-Known Member Silver Stacker

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    that is a really good point. this kind of stuff is stressing....dont even mention all those silver and gold clad bullion things on ebay and gumtree and other sites...makes me sick...
     
  9. Agnostic

    Agnostic Active Member Silver Stacker

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    Imagine the following scenario: its after an economic collapse, and people are attempting to resume trading activities. Maybe the government brings out a new currency AKA the rentenmark in Weimar Germany.

    For gold and silver to be serious competing currencies, buyers and sellers must have full confidence that they are receiving honest weights and measures.

    These counterfeits could really undermine confidence in precious metals.

    As an aside, I am fond of predecimal currency because I tell myself they are unlikely to be counterfeited. Maybe I am deluding myself.
     
  10. goldpelican

    goldpelican Administrator Staff Member

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    Bring them into your friendly local bullion dealer who will exchange them for the money of the day, the day you're going to spend said money :D
     
  11. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  12. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Don't think they can make the original loose capsules, can they??? :lol:
    :rolleyes:
     
  13. House

    House Well-Known Member Silver Stacker

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    I got a fake 1oz Lunar horse a while ago, everything perfect except for the legal tender denomination was missing so wouldn't be surprised if that was the case with these too.
     
  14. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  15. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    This guy got a fake 1 oz Kook:

    [youtube]http://www.youtube.com/watch?v=0S3b2nvExbg[/youtube]
     
  16. Agnostic

    Agnostic Active Member Silver Stacker

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    Oh dear, I am getting depressed now with all those forgeries.

    Looks like its back to baked bean stacking...
     

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