Saturday, April 18, 2009

Fake Alert! China Does It Again!









Here is a terrific article that just came to my attention by Susan Headly:

Inside a Chinese Coin Counterfeiting Ring

Photos of Counterfeit Coin Dies, Minting Machinery, and Fake Coins

The frightening thing is the photos indicate to me the quality has dramatically improved over the laughable fakes they were turning out 1 and 2 years ago which had a very pewter-like appearance that would only fool newbie collectors. Before they were selling them all raw but now they are even selling slabbed fakes with PCGS and NGC holders. Pretty scary stuff.

TTFN,

Jim McGarigle
Polymath Numismatics
ANA, ANS, ACCG

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