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From external source:
Liu Ciyun (who prefers to be known by his eBay handle, “Jinghuashei”) is a typical young upwardly-mobile Chinese suburbanite. Married, with a 2-year-old son, Jinghuashei has worked hard the past few years to build a business. Like most legitimate businessmen, Jinghuashei operates within the laws of his country, and has earned official certification for his small production facility, which employs up to 30 people. The products he sells are properly licensed, where appropriate, and absolutely, 100 percent legal to produce and sell in China. The only fault that most Americans might find with Jinghuashei’s business model is that he is in the business of producing counterfeit coins. Jinghuashei’s company is called the Big Tree Coin Factory. It is located in the Fujian (also known as Fukien) province in the southeast portion of the People’s Republic of China. This area is well known to be a hotbed of counterfeiting activity and Jinghuashei acknowledges being aware of approximately 100 competitors who are manufacturing fake coins. Jinghuashei says that his coin factory is probably the largest of its type in China. It produces in excess of 100,000 fake coins per month for Chinese coin types alone. He says he is currently only selling about 1,000 counterfeit U.S. coins per month, mostly on eBay. His primary motivation for servicing this comparatively small volume business is that he is making contacts with people he hopes will come to China to buy counterfeit coins on a wholesale basis.
Here is a listing of some of the frauds uncovered so far:
1. The U.S .Morgan silver dollar. All dates and all mint marks
2. The U.S. gold coins viz the $2.50, $5.00 and $10.00 Indian head.
3. The U.S. copper penny viz 1909 S vdb
4. Three gold Imperial Russian roubles from the reign of Nicholas II
5. A gold 20 franc coin with the head of Napoleon I on the obverse
6. The South African Krugerrand
7. British sovereigns and half sovereigns of different monarchs and dates
8. And in addition, they are also making fake gold bars from the Credit Suisse people.
Rense.com had a second report from Susan Headley on the counterfeiting problem in China.
Long term, probably this report on Chinese counterfeiting may not amount to much.