American currency already has plenty of counterfeit collector coins tucked away in personal collections, that will be uncovered as fakes years down the line.
And I’ll never get why selling replica currency is even legal. Making exact copies of real coins and bills to trick people, even marked as a replica, is still made to fool people into thinking it’s the real deal.
And I’ll never get why selling replica currency is even legal.
Laws vary by jurisdiction, obviously; in many places there are very strict rules -- replica bills may only be one sided, or must be less than 75% of the correct size, replica coins must be stamped in a certain way.
The problem occurs when a replicas are made in a jurisdiction where those laws do not apply, and then are sold in that location as "novelty" items -- or at least are claimed to be sold as such as a legal "fig leaf" for the seller -- and then imported into another country where they can then be passed off as the real thing.
Deja Vu all over again! Premise #1...all coins on eBay are fake. Absolutely no way to proof it otherwise., unless they all start going to authentication for a fee. You have ebay's MBG, if they are fake send them back
Fake coins and bullion are as old as coins themselves. There have been many cases of fakes being sold. Always choose a seller with feedback for selling such items and pay by credit card for added protection.
Avoid the too good to be true listings. They always are.
Counterfeit items are not allowed to be listed on eBay at all. No one is authorized to sell counterfeit items. That fact alone does not stop some people from trying to sell them, however.
The problem is that unscrupulous or uninformed sellers can list genuine items and then deliver counterfeit items.
It is not always possible to look at a listing and know in advance exactly what, if anything, the seller intends to deliver. For one thing, a scammer can simply copy a listing from a genuine seller, using a genuine photo of a genuine item.
Except for a few specific categories of items that go through authentication, eBay never sees what the seller ships or the what the buyer receives, so there is nothing for eBay to check unless someone complains about what was received by invoking eBay's money back guarantee.
Sellers are responsible for the descriptions they provide, and buyers should not assume that eBay screens the listings in advance.
As long as counterfeits exist and there are folks trying to sell them, buyers will still have to be on the lookout for them, and avoid deals that are obviously too-good-to-be-true, whether they are being sold by accounts registered overseas or by domestic sellers wittingly or unwittingly buying counterfeits from overseas to sell here.
Buyers that doubt their ability to distinguish a genuine article from a counterfeit one should only consider purchasing from trustworthy sellers that have an established reputation for delivering exactly what was described, and should avoid deals that are too-good-to-be-true, or deals that are offered by inexperienced sellers that might disappear soon after the transaction is made, or else be prepared to get items authenticated by trusted sources within thirty days to be able to take advantage of eBay's money back guarantee.
jameshen1
·8 months agoAny coins I have ever bought have been smaller than my counter so they fit on it fine.
ccomic
·8 months agoHonestly, silver dollars are easy because fakes aren’t going to be silver. How about this coin? Real or fake?
https://www.ebay.com/itm/389448703059
roccotacodad54
·8 months agoFake. That's supposed to be brilliant uncirculated? Too easy..........................
"Brilliant Uncirculated Finish Idea"
I guess the "Idea" is some sort of disclaimer..."I just said it was an idea"...........LOL...LOL.....
msha3839
·8 months agoA real fake coin…🤷
krazzykats
·8 months agoYou’d think people would wonder how someone ended up with more than ten brilliant, uncirculated 1909 S pennies in the first place.
ᓚá˜á—¢
eburtonlab
·8 months agoYou’d think people would wonder how someone ended up with more than ten brilliant, uncirculated 1909 S pennies in the first place.
That seller has sold five already and still has 215 in stock. And probably additional capacity to mint many more on demand.
krazzykats
·8 months agoAmerican currency already has plenty of counterfeit collector coins tucked away in personal collections, that will be uncovered as fakes years down the line.
And I’ll never get why selling replica currency is even legal. Making exact copies of real coins and bills to trick people, even marked as a replica, is still made to fool people into thinking it’s the real deal.
ᓚá˜á—¢
eburtonlab
·8 months agoAnd I’ll never get why selling replica currency is even legal.
Laws vary by jurisdiction, obviously; in many places there are very strict rules -- replica bills may only be one sided, or must be less than 75% of the correct size, replica coins must be stamped in a certain way.
The problem occurs when a replicas are made in a jurisdiction where those laws do not apply, and then are sold in that location as "novelty" items -- or at least are claimed to be sold as such as a legal "fig leaf" for the seller -- and then imported into another country where they can then be passed off as the real thing.
krazzykats
·8 months agoIf the price is too good to be true, it's probably fake.
ᓚá˜á—¢
ryry-jj
·8 months agoDeja Vu all over again! Premise #1...all coins on eBay are fake. Absolutely no way to proof it otherwise., unless they all start going to authentication for a fee. You have ebay's MBG, if they are fake send them back
simba6
·8 months agoFake coins and bullion are as old as coins themselves. There have been many cases of fakes being sold. Always choose a seller with feedback for selling such items and pay by credit card for added protection.
Avoid the too good to be true listings. They always are.
eburtonlab
·8 months ago@jrmills462013
Counterfeit items are not allowed to be listed on eBay at all. No one is authorized to sell counterfeit items. That fact alone does not stop some people from trying to sell them, however.
The problem is that unscrupulous or uninformed sellers can list genuine items and then deliver counterfeit items.
It is not always possible to look at a listing and know in advance exactly what, if anything, the seller intends to deliver. For one thing, a scammer can simply copy a listing from a genuine seller, using a genuine photo of a genuine item.
Except for a few specific categories of items that go through authentication, eBay never sees what the seller ships or the what the buyer receives, so there is nothing for eBay to check unless someone complains about what was received by invoking eBay's money back guarantee.
Sellers are responsible for the descriptions they provide, and buyers should not assume that eBay screens the listings in advance.
As long as counterfeits exist and there are folks trying to sell them, buyers will still have to be on the lookout for them, and avoid deals that are obviously too-good-to-be-true, whether they are being sold by accounts registered overseas or by domestic sellers wittingly or unwittingly buying counterfeits from overseas to sell here.
Buyers that doubt their ability to distinguish a genuine article from a counterfeit one should only consider purchasing from trustworthy sellers that have an established reputation for delivering exactly what was described, and should avoid deals that are too-good-to-be-true, or deals that are offered by inexperienced sellers that might disappear soon after the transaction is made, or else be prepared to get items authenticated by trusted sources within thirty days to be able to take advantage of eBay's money back guarantee.