Friday, April 13, 2012

FAKE COINS ON EBAY eBay Forgeries

It is estimated that about a quarter of all ancient coins and about two-thirds of all antiquities sold on eBay are modern forgeries. In March 2008, Professional Coin Grading Service issued an alert noting counterfeit PCGS slabs and various United States and Chinese coins originating from People's Republic of China being sold on eBay. eBay profiteers from Fake and Counterfeit Coins, so do yourself a favour and do not buy coins on eBay.
How to Avoid Coin Fraud on eBay
IN A NUTSHELL: The biggest venue in the world for coin fraud today is eBay, where coin fraud is common. Because eBay provides minimal protection against numismatic and other fraud and because it's so easy to scam others on eBay, it's safest to buy only from sellers you know or who are recommended to you by reputable sources.

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