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Why do all the fake slabs come from China?

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Probably because Americans are buying so much from China that they've built up excess manufacturing capacity.

 

Most legal, paid-for geocoins are made in China these days. Not only are the Chinese minters cheaper than US ones, they also have more capabilities. They just have a lot of manufacturing capability.

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Zoins has part of it. The low labor costs have results in a lot of the injection molding manufacturing moving to China over the past ten years. So they have the technology and expertise to produce the shells and probably the excess capasity to slip in the small production runs for the counterfeiters

 

Very low labor costs and a government that for decades was so desperate for hard currency that it turned a blind eye to the production of counterfeit products of all kinds. Most countries around the world will abide by international treaties on patents, and trademarks and will crack down on people in their country that produce fake products. Some of the communist or former communist bloc countries are less diligent about it, but none to the extent of China where whole factories are producing counterfeit products for export. It has only been recently that China has begun cracking down on the export of shoddy and substandard products. Mainly because the recent poisoned food products and other recalls are resulting in losses of orders not only of the recalled products but of other items as well because customers are now worried about what they MIGHT get. "Why take the risk, we'll look for a different supplier." This is presenting China with the risk of losing their very favorable trade balance.

 

Counterfeit slabs though are probably so far down on the governments radar though that I don't think we have any chance of them shutting down their production anytime soon. The country is just too big and slab market is too small for them to be concerned about. Right now they are concentrating of fixing the food market by executing the officials that have allowed it to happen. (Let that be a warning to their successors. Clean things up or this can happen to you as well.)

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dies.jpg

 

Everything the Far Eastern counterfeiter needs is also very portable. This confiscated set of compression coin dies could have been covertly taken into a manufacturing facility where the employee had access to, say a 80 ton hydraulic press…waalaa, instant rarity.

 

The aging process would be done elsewhere and now the plastic clams and I would guess the labels would also be part of the on going piece meal process.

 

Why do all the Research & Development, enduring marketing losses, when you can take a successful venture and just do a copy knock off…there are always plenty of buyers for these faux products.

 

The Eastern World is catching up to the Western World...but has a long way to go when it comes to regulating the products.

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Why do all the Research & Development, enduring marketing losses, when you can take a successful venture and just do a copy knock off…there are always plenty of buyers for these faux products.

 

The Eastern World is catching up to the Western World...but has a long way to go when it comes to regulating the products.

Only recently in 1973 did the US come out with the Hobby Protection Act.

 

Don't forget that the the RIAA and MPAA consider many westerners to be thieves of music and movies. Also don't forget all the copies of Microsoft Windows and Office that are not registered in the Western World. Although the Eastern World hasn't caught up to the Western World, the latter isn't a panacea for those trying to sell legitimate wares either.

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