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24 surprising facts about Chinese counterfeiters

Chinese bullshit - how much is intertwined in this word for the heart of the Russian. By bullshit, numismatists mean counterfeit coins, usually of poor quality, from very cheap alloys. Particularly shocking is the fact that Chinese counterfeiters work openly and, apparently, legally. The Chinese government does not even think about covering up their shops, because these craftsmen call their products "souvenirs". However, more and more often the victims of these "souvenirs" are not only gullible citizens who do not understand valuable coins, but even experienced numismatists, because the level of counterfeits grows every year, and often it becomes simply impossible to identify a fake without special equipment.

So, let's take a tour of the Chinese workshop for counterfeiting rare and not very rare coins.

Chinese counterfeiter makes counterfeit silver coin


The presented photographs were taken in a real workshop of minting counterfeit coins. This workshop produces thousands of counterfeit coins for countries around the world. Most of the fakes are sent to the American market, but there are many "bullshit" made specifically to deceive Russian novice numismatists. These astonishing images first appeared online on internet coin discussion platforms. The Chinese are constantly improving their craft and have already mastered the production of fake weak PCGS (Professional Coin Valuation Service) and NGC (Coin Verification Corporation).

The size, volume and professionalism of the counterfeiting equipment is surprising. Although the work often takes place in a messy environment and the minting equipment is quite old, the venture is nevertheless well funded and considered a legal activity in China. There are no laws that prohibit the creation of "copies" as long as these coins are issued as such. However, this does not prevent fraudsters from Russia and other countries from using their products to deceive people.

This photo shows a worker at a Chinese counterfeiting machine, placing a metal blank under a press to create a counterfeit coin. The coin counterfeiting workshop is a huge, well-funded organization that employs a lot of people. production is carried out on an industrial scale. The shock is caused by the fact that their activities are open and not suppressed by the state in any way. In addition to making counterfeit coins, they also manufacture a variety of forgeries of Chinese antiques and other antiques.

Another printing press used by Chinese counterfeiters


This photo shows the process of creating counterfeit Morgan Dollars (1 dollar coins).

Making counterfeit Morgan dollars


In this photo, you can see a closer look at the minting press shown in the previous image. Several recently made counterfeit Morgan Dollars lie to the right of the machine. They even look like antique Morgan dollars, which are most likely made on machines using blanks for coins made by hand, but some of the mechanisms in the process depicted seem to be quite old, so most likely they are just ordinary Morgan dollars. Whatever the quality of production, whether it is ordinary Morgan dollars or old coins, one thing we can know for sure: they are all fake!

Fake Morgan Dollars Made in China


Here we can see a closer look at the newly minted counterfeit Morgan dollars made in China. It is unknown if they were produced on the printing press pictured above, or on one of the other printing presses located in the workshop, but these fake Morgan dollars definitely seem to be a pretty high-quality fake. Naturally, in this workshop they will be processed, and each separately taken coin will have a different weight, shade, contact marks and other minor imperfections, and in this form they will not look the same. Several of the counterfeit Morgan Dollars will go to PCGS and NGC, but my sources claim that most of these counterfeits traded by counterfeiters tend to be returned "raw" (much more often than cast).

An overview of the faces of counterfeit Morgan dollars


Here we see the facets of the same handful of counterfeit Morgan dollars shown in the photo above. Again, the excellent quality of counterfeit coins is striking. They may or may not be real. Be that as it may, we have 900 excellent silver coins in front of us. The Chinese were once professionals in twin alloy making for over 1,500 years.

Chinese worker inscribes on the edge of counterfeit coins


Shown here is another coin machine in use at this huge counterfeit coin factory located in China. A worker who appears to be a woman works on a machine that inscribes the edges of minted counterfeit coins. It differs slightly from the Schuler edge-lettering device used in the United States to mint gold coins. As the reader Henry N. has noted, the machine works more like a casting machine, which was the very first machine designed for the rapid application of inscriptions and other markings on the edges of coins. Coin miners Mike Diamond and Fred Winberg, based on what can be seen in the photograph, also agree that the machine is inking on the edges. Subscriber Kostas K. drew attention to the following: if you look closely, then to the left of the large tube you can really see the coin that goes through the machine!

Assortment of blanks for counterfeit coins in China


To make coins, you need blanks, counterfeiters in China use pretty good quality devices, as evidenced by this picture. Most of the blanks shown here are a variety of American dollar blanks, however I also noticed a couple of blanks for Indian cent and a few for foreign coins.

Close-up of counterfeit silver coin blanks


A closer look shows the good quality of these blanks for creating counterfeit silver coins. The shape on the right represents the back of the 1899 British Crown. The blank on the left is the top side of a silver Greek 5 drachma coin dated between 1833 and 1845. If the British crown is genuine, it can be bought for hundreds of dollars, then a Greek-style coin, poured into the blanks shown, will cost several thousand dollars. Naturally, tens of thousands of samples can be created in each coin blank, which can make the job very profitable.

Workers in China forging rare coins


Here we can see another coin-making machine in a counterfeiting factory in China, now it has two workers. As you can see, the device seems to be quite old and, most likely, is not in the best condition. The machine is certainly very dirty, but the work these people do is inherently dirty, as counterfeiting rare coins pollutes the coin market.

Many fake coins produced in China


This picture fools your head from the very first seconds.For example, notice that the light blue chair in the center of the photo is a standard size stepladder chair. Everything around is boxes and again boxes of fake silver coins made in China, neatly sorted into compartments. Many of them will eventually end up with PCGS, NGC, ANACS (America's Oldest Appraisal Service) or some other appraiser, but most of them will be sold without prior appraisal. Some of them will even be sold legally as "reproductions" rather than genuine coins. However, without specifying that this is just a fake, scammers will easily pass them off as real coins.

China-made counterfeit silver and copper coins


Here we can see in a little more detail the coins that were made on Chinese minting machines. Most of them are silver in color (although it is possible that they are not made of real silver), and a few coins are made of copper. The boxes in the photo do not seem to be very strong (remember that this amount of coins weighs quite a lot, even if they are fake), but my source claims that they are transported for demonstration in these packages. Of course, you won't get to see these boxes on the floor during the sale! Transactions with coins in such quantities are concluded behind closed doors in the hotel's private rooms, but even in such conditions, it is hard to believe that the client will be able to see anything other than the coins themselves.

Fake 25 Cents With Freedom Standing


What lies in the silk-upholstered trays is nothing more than a close-up photo of a multitude of fake 25 cents just made! I also see the Indian cents made in China, something like a big American cent and maybe a few dimes and dimes.

China Counterfeiting Workshop Showroom


In this picture, we can see one of several showrooms in the counterfeiting workshop. It slightly resembles a store where customers can walk in and purchase small quantities of counterfeit coins or other items made in this workshop.

Another vault or showroom for counterfeits made in China


My sources said that this picture shows a storage area, but their English isn't very good, so I actually think we're looking at a different type of showroom right now. This is a working repository with no shopper access, as you can see from other images in this gallery, it is much dirtier and more cluttered.

Fake Indian cents and large cents


The container shown is filled with fake Indian cents and US kopecks. The dates depicted on the fake large cents include 1854 and 1857. The fake Indian cents I spotted in this photograph are 1869, 1870, 1871, 1872, 1877, and a few from 1908 and 1909. Moreover, I saw pictures of fake cents with a flying eagle in 1856. It seems that this workshop prefers to make counterfeits of regular coins as well as coins with more valuable dating. And this sometimes reaches the point of absurdity, as, for example, in the case of a fake nickel with the image of Liberty in 1913. Don't be stupid. I also looked at a lot of more familiar dates. When it costs you a mere 2-4 cents to make a coin, selling each for even a measly $ 15-20 will make you a good profit. And, anyway, those guys say they don't sell coins one at a time. They call their business "wholesale copies" and it is not their fault if someone has a false idea about their product. According to these guys, they are just responding to market demand.

One of the many warehouses of the fake factory in China


This room is more cluttered and cluttered than previous photographs with (presumably) exhibition halls, although it could also be an exhibition space. It turns out that warehouses or showrooms, call it whatever you like, can be so dirty when they are overflowing with counterfeit coins, antiques, and other antiques — all designed for market buyers in the West.

Fake Chinese Bars and Bars


This Chinese counterfeiting workshop is not limited to the production of coins alone. He also makes other counterfeit items of value, such as bars, bars, and currency bills. This photo shows several counterfeit bars and bars made from poor quality metals.

Fake iron and bronze artifacts from China


One of the funniest things about Chinese counterfeiting (if at least some humor might be appropriate, of course) is that counterfeiters manufacture and sell a large number of counterfeit antiques from China. All of this looks funny, since authentic Chinese antiques are quite common within China. Farmers stumble upon antiquities on their farms every season. Millions of ancient Chinese coins and artifacts have been found in cemeteries. However, the punishment for transporting originals of China's cultural heritage to other countries may be death, but the punishment for exporting copies of them is just the payment of taxes on the profits from your case, which everyone else pays.

Fake chinese antiques


In a series of photographs provided by my sources, there were a couple dozen photographs depicting fake antiques and artwork produced in this workshop. Since my attention is drawn to the coverage of coins and other monetary items, I will have to cut back on the number of non-coin shots, but I really wanted to upload a couple of them just to demonstrate the huge variety of counterfeits in this workshop. These items may look like they were dug out of thousands of years old graves, but I was assured that they were made just a week ago.

Fake ancient chinese coins


Here are some fake ancient Chinese coins just made. They are made using the same technology as the silver dollars, crowns and other counterfeit silver and copper coins shown in the photographs. While it may seem like the coins were dug right out of the ground, these are just processed artifacts cast a couple of weeks ago.

Fake Chinese Dynastic Coins


The coins depicted, along with the fact that they are counterfeits, also repeat the coins that have been produced in China for at least 2500 years. Real ancient Chinese coins are actually some of the finest and cheapest ancient coins on the market. However, given how many fakes are now coming out of China, it is very dangerous for your wallet to collect them until you know your business for sure. Counterfeits such as these can seem very convincing to those who are not versed in Chinese coins.

Counterfeit Chinese currencies and other products


Pictures from the Chinese counterfeiting workshop provided by my sources show a small number of banknotes. The best image in this image is a bunch of banknotes. The other items in this photo seem to be some sort of souvenir for tourists. On the back on the bottom shelf you can see the coin blanks for sale, with which you can make your own counterfeit coins!

Processed counterfeit coins in the distribution queue


The coins shown here show a variety of counterfeit coins that have been processed after manufacture to give them a rounded shape that looks like they were dug out of the ground. The Chinese are professionals in the art of processing newly minted products, they can age them, and the coins depicted are simply proof of the time-honored skill of the Chinese.

Fake Chinese Packaging


This photo shows coins that are in their packaging or are weak and bear the quality mark. It is a little surprising to observe the following notes: “AU 55 Details - Cleaned”, as if this coin is genuine in the AU 55 - About Uncirculated assessed condition, tainted by cleaning, and it is not that it is a fake! Alas, such deception really affects people, since I have repeatedly discussed with people who refused to believe that counterfeiters would bother so much, making counterfeit coins, and then reducing their quality, harming them. Counterfeiters know that damage reduces doubts about the authenticity of a coin in the subconscious of a person.

The fake packaging shown on this page does not belong to the PCGS or NGC-type that has recently appeared in the news, but there is no doubt that the coins produced in this workshop have been removed to the fake weaks belonging to these companies.

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