Silver Ngc
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 1993 Silver Eagle NGC MS 69 Brown Holder  US $32.00
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 1994 Silver Eagle NGC MS 69 Brown Holder US $36.00
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 1995 Silver Eagle NGC MS 69 Brown Holder US $41.00
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 2012 Canada Silver Polar Bear $20 NGC SP70 Specimen 70 US $139.99
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 1884 CC GSA Hoard Morgan Silver Dollar NGC MS64 MS 64 US Coin Box Cert US $204.65
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Chinese Counterfeit Coins Circulating In Usa
Although the recession continues, the most popular hobby within the USA – coin collecting, especially US coins - has a revenue of a staggering $5 billion, per year.
On the downside, not all that glitters is not what it seems. Buyer beware – counterfeits abound!
A warning to American coin buyers was issued recently by respected numismatic advisory groups, advising Chinese-made counterfeit US ‘rare' coins are being widely circulated throughout N America to unsuspecting consumers.
Millions of dollars are passing hands for fake U.S. old coins, mostly through online auctions like eBay, and even local via flea markets and swap meets.
In an effort to halt these activities and protect the public, top numismatic companies have been actively working to restrict the import of counterfeit coins, monitor and halt fraudulent sales via online auctions, and helping the government to set up legal actions against those who import and/or resell illegal coins.
US law requires replica coins made outside the country to have the word "copy" incised on the coin surface - none of the Chinese coins have this.
Unfortunately, on places like eBay, it is all too easy to trick potential buyers, by substituting pictures of different, legal coins.
It was reported that an individual counterfeiter in China boasted that he had already produced and sold more than one million coins in the US, though it is not known over how long a period of time...
Collectors have been advised to only buy genuine coins from reputable, professional dealers. As it is illegal to re-sell counterfeit copies, anyone doing so and getting caught risks losing their money, and possibly facing charges.
To help educate the public, a one-day seminar, "Introduction to Counterfeit Detection of United States Coins," will be held on April 22, 2010 at the Hyatt Regency, in Dearborn, Mich.
The best course of action is to only buy coins that have been certified by reputable coin authentication (or grading) companies who provide a guarantee of authenticity with all the coins they inspect. Commonly used are American Numismatic Association Certification Service (ANACS), Numismatic Guaranty Corporation (NGC), and Professional Coin Grading Service (PCGS).
Quality, certified coins – silver & gold, (US & other currencies) can also be purchased through a very reputable company, Numis Network. For details visit: http://shopnumis.com/jotibryant
About the Author
Published author: book &, magazine articles. Free lance editor.
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Trav-L-Lite Golf Bag Silver $139.95 Tough, sturdy, light, locks with key.Only 4.2 pounds without cover. |
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NGC 281 $19.99 NGC 281 - Photographic Print |
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NGC 4414 $19.99 NGC 4414 - Premium Poster |
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NGC 3603 $19.99 NGC 3603 - Photographic Print |
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NGC 2244 $24.99 Stocktrek Images NGC 2244 - Photographic Print |
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NGC 2264 $24.99 Stocktrek Images NGC 2264 - Photographic Print |
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NGC 3603 and NGC 3576 Star Clusters $24.99 Stocktrek Images NGC 3603 and NGC 3576 Star Clusters - Photographic Print |
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Double Cluster in Perseus (NGC 869 and NGC 884) $24.99 Double Cluster in Perseus (NGC 869 and NGC 884) - Photographic Print |
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NGC 2264 Nebula $19.99 NGC 2264 Nebula - Photographic Print |
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NGC 1309 Galaxy $19.99 NGC 1309 Galaxy - Photographic Print |
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Ngc 3576 and Ngc 3603 Emission Nebulae in Carina $24.99 Robert Gendler Ngc 3576 and Ngc 3603 Emission Nebulae in Carina - Photographic Print |
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The spiral galaxy NGC 3370 $19.99 The spiral galaxy NGC 3370 - Photographic Print |
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Ngc 7129 in Cepheus $24.99 Robert Gendler Ngc 7129 in Cepheus - Photographic Print |
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Carina Nebula or NGC 3372 $19.99 Carina Nebula or NGC 3372 - Photographic Print |
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Spiral Galaxy NGC 4921 $124.99 Spiral Galaxy NGC 4921 - Wall Mural |
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Carina Nebula, NGC 3372 $124.99 Carina Nebula, NGC 3372 - Wall Mural |
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Clouds of Ngc 1333 $24.99 Robert Gendler Clouds of Ngc 1333 - Photographic Print |
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Core of Galaxy NGC 300 $19.99 Core of Galaxy NGC 300 - Photographic Print |
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Elliptical galaxy NGC 1275. $19.99 Elliptical galaxy NGC 1275. - Photographic Print |
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NGC 346 Star Cluster $19.99 NGC 346 Star Cluster - Photographic Print |
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Loops of NGC 3576 $19.99 Stocktrek Images Loops of NGC 3576 - Photographic Print |
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Ngc 1055 in Cetus $24.99 Robert Gendler Ngc 1055 in Cetus - Photographic Print |
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Omega Centauri or NGC 5139 $19.99 Omega Centauri or NGC 5139 - Photographic Print |
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Emission Nebula NGC 6820 $124.99 Stocktrek Images Emission Nebula NGC 6820 - Wall Mural |
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Ngc 3079 and the Lensed Quasar $24.99 Robert Gendler Ngc 3079 and the Lensed Quasar - Photographic Print |
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Ngc 253, the Sculptor Galaxy $24.99 Robert Gendler Ngc 253, the Sculptor Galaxy - Photographic Print |
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Ngc 6559 Nebula in Sagittarius $24.99 Robert Gendler Ngc 6559 Nebula in Sagittarius - Photographic Print |
