Fake coins products are flooding market more and more everyday.

H

HAC888

Member
Fake coins products are flooding market more and more everyday.
How safe are we ? Who will be it next victim ?
Need someone in SS to provide your thoughts and guidance.

Some of the pictures below are from Alibaba . It's look real and very beautify and scary at the same time ( At least for me ) ...

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It's not only Alibaba that you can find them, imitations are being sold elsewhere as well...Amazon being just one place.



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As unwelcome as they are:
I'm surprised at how long it is taking for floods of fake bullion products to hit the markets.
Future rising prices will surely increase the range and volumes.
 
Slightly off topic, but I really like the design on rge Knights Templar coin shown... does anyone know if that's a knock-off of an original (I suspect it may be), and where to source the original?
 
Interesting, the Titanic medal is the first imitation of a colored coin I have seen made (that I know of). If anything, wouldn't colored coins be a lot easier to forge or am I missing something?


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Non 1oz PM coins look to be the go... will be a while before we see a fake 10oz 2011 kook i'd wager a guess
 
Fake products may hinder the bullion market to a considerable level in years to come, when many more fakes will be in circulation. A real mess!!. It may be a good thing for dealers though. Dealers are perhaps not picking up on some fakes. Hmmm
 
They have Bullion too... one of these fake coin inside the tube will pass dealers radar one day...
It's not only hurt those unlucky to received it but it also hurt PM community trust as well.

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[imgz=http://forums.silverstackers.com/uploads/11888_pm_rabit.png]
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SilverJay said:
They would all make a great decoy.
Click to expand...

They are counterfeit, ie. illegal, why don't you people understand that? The people producing them, selling them, or knowingly buying them should go to prison. Why is it ok for counterfeit coins to exist but not counterfeit $100 bills? After all, they are just decoys? :rolleyes:
 
I think you guys would be amazed at the amount of fake $50 notes I've been seeing in Melbourne these last 6 months.

In my job I'm seeing about one batch a week. And some of them are almost perfect.

Scary.
 
grinners said:
I think you guys would be amazed at the amount of fake $50 notes I've been seeing in Melbourne these last 6 months.

In my job I'm seeing about one batch a week. And some of them are almost perfect.

Scary.
Click to expand...


I would love to see an example of a good fake Australian $50 note, the only examples I have seen are pathetic. I have herd the $50 note was the most counter-fitted by far but what do you look for to tell if it's counter fit?
 
tozak said:
grinners said:
I think you guys would be amazed at the amount of fake $50 notes I've been seeing in Melbourne these last 6 months.

In my job I'm seeing about one batch a week. And some of them are almost perfect.

Scary.
Click to expand...


I would love to see an example of a good fake Australian $50 note, the only examples I have seen are pathetic. I have herd the $50 note was the most counter-fitted by far but what do you look for to tell if it's counter fit?
Click to expand...

Yeah Aussie notes probably have the best features for preventing easy forgery. Scrunching up the note and seeing it return to its previous position is generally an easy way to test that the polymers are the correct type.

The clear part of the note is generally the giveaway for the better notes. It is generally a square clear piece of plastic (or sticky tape on the worse ones!), on a real note it is has a nicely formed curve to it and '50' on it. This won't be hard to do though will it with modern technology.

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As compared:

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I wonder what will happen when the next wave of improved fake cash hits the market? I guess they will change the note eventually like the US $100.
 
This is what I mean by the way to tell the 'good' fakes. The clear plastic section is a square is over the top of the curved plastic yellow edge, rather than curved with it.

Example_50.png



Found a crude example:

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