BEWARE OF MANY COINS

I am sure most readers of this blog already know this but for beginners let me stress to you in simple and direct terms do not buy any high grade coins from flea markets and off the internet unless it has been graded by a reputable firm.

As most experienced people in the field know China is allowing counterfeiters to flourish in their country and they are great at duplicating old coins and leaving off the word 'copy' which is against the law .There is no coin off limits and even experienced dealers in our country are getting fooled all the time.

If this keeps up the numismatic field will disappear because of lack of trust for coins and our country has taken no action because they do not want to upset their biggest trading partner.

Even if they do take action it may be to late due to the millions of coins already in the mix.

The only action to take is buy from reputable dealers and make sure the coin is graded and guaranteed genuine.