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- From johnmenc@optonline.net Fri Jan 20 07:39:02 2012
Return-Path: <johnmenc@optonline.net> X-Sender: johnmenc@optonline.net X-Apparently-To: colonial-coins@yahoogroups.com X-Received: (qmail 30389 invoked from network); 20 Jan 2012 15:39:02 -0000 X-Received: from unknown (98.137.35.161) by m4.grp.sp2.yahoo.com with QMQP; 20 Jan 2012 15:39:02 -0000 X-Received: from unknown (HELO ng15-ip1.bullet.mail.ne1.yahoo.com) (98.138.215.234) by mta5.grp.sp2.yahoo.com with SMTP; 20 Jan 2012 15:39:02 -0000 X-Received: from [98.138.217.177] by ng15.bullet.mail.ne1.yahoo.com with NNFMP; 20 Jan 2012 15:39:02 -0000 X-Received: from [69.147.65.148] by tg2.bullet.mail.ne1.yahoo.com with NNFMP; 20 Jan 2012 15:39:02 -0000 X-Received: from [98.137.34.34] by t11.bullet.mail.sp1.yahoo.com with NNFMP; 20 Jan 2012 15:39:02 -0000 Date: Fri, 20 Jan 2012 15:38:59 -0000 To: colonial-coins@yahoogroups.com Message-ID: <jfc1qj+s2co@eGroups.com> In-Reply-To: <jfbqje+urdn@eGroups.com> User-Agent: eGroups-EW/0.82 MIME-Version: 1.0 Content-Type: text/plain; charset="ISO-8859-1" Content-Transfer-Encoding: quoted-printable X-Mailer: Yahoo Groups Message Poster X-Yahoo-Newman-Property: groups-compose X-Originating-IP: 98.138.215.234 X-eGroups-Msg-Info: 1:6:0:0:0 X-Yahoo-Post-IP: 63.80.255.3 From: "colonialjohn" <johnmenc@optonline.net> Subject: Re: Coin World : E-Bay : Good Bye Contemporary Counterfeits X-Yahoo-Group-Post: member; u=111282553; y=2FqIDzi1VzdwEA1gNvpbAKm4m3sRPMtuiP5_4zXETK2kuL6O42umlJaSrw X-Yahoo-Profile: colonial_john_c4
PNG President Jeffrey Bernberg enthusiastically endorsed eBay's decision. J= eff - ever purchase a Machin Mills piece listed in the Red Book?
--- In colonial-coins@yahoogroups.com, "colonialjohn" <johnmenc@...> wrote: > > Ban on sales of replicas starts on eBay Feb. 20 >=20 > By Paul Gilkes-Coin World Staff | Jan. 19, 2012 12:00 p.m.=20 > Article first published in Web Content, Market Updates section of Coin Wo= rld=20 >=20 > Effective Feb. 20, eBay will prohibit the sale of replicas of U.S., world= and other historic coins into the U.S. market on eBay.com. >=20 > Officials of eBay formally announced Jan. 18 that the firm's major policy= change in the coins category represents the online auction company's commi= tment to improve the buying, selling and collecting experience on eBay, inc= luding reviewing listings that may violate eBay policy prohibiting counterf= eit coins. >=20 > As part of the policy update, new listings and relistings will be prohibi= ted beginning Feb. 20; listings will be permitted through Feb. 19. Listings= that are still open on Feb. 20 will be allowed to run out to their closing= dates. >=20 > The policy change extends to replicas marked COPY as required under provi= sions of the Hobby Protection Act. The policy change also extends to contem= porary counterfeits of U.S. coins produced to circulate alongside genuine i= ssues. The policy does not exclude the sale of paper money replicas. >=20 > The policy change follows a number of meetings and discussions between of= ficials of both eBay and the Professional Numismatists Guild. >=20 > As part of its collaboration with PNG, eBay officials anticipate establis= hing a program to better educate collectors about the PNG and its trusted m= ember-dealers, and to ensure the coin experience on eBay meets industry sta= ndards. >=20 > Officials of eBay made a brief presentation about the proposed policy cha= nge Jan. 4 during a PNG members-only meeting held in conjunction with the F= lorida United Numismatists convention in Orlando. >=20 > Gresham's Law : When the government reduced the amount of copper in the p= ennies it produced, we saw that bad money drives out good; everyone saved c= opper pennies and only spent the less pure ones. Ever since cheap, flimsy f= urniture began to be manufactured in large quantities, it has been very dif= ficult to find solid, well-made furniture. Bad craftsmanship, like bad mone= y, drives out good. >=20 > In this case Chinese imports drove out the good: CC8R Sheffields, Blacksm= iths, Machin Mills, Kleeberg CC2Rs, etc. >=20 > "The policy change also extends to contemporary counterfeits of U.S. coin= s produced to circulate alongside genuine issues." >=20 > Like you said Mayhugh ... just need to sell them as regals ... and let th= e experts keep trading ... its going to really hurt in SEARCHING for these = pieces in foreign venues. This extends all the way BACK to Libyan coins ... >
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