CoinWeek: How Chinese Counterfeit Coins are Traded

The Gold & Silver PAC held a reception on March 31st honoring Congressman Lamar Smith Republican of 21st Congressional District of Texas. Mr Lamar is Chairman of the House Judiciary Committee. At the meeting, David Hall, CEO of Collectors Universe/PCGS, briefly outlined how Chinese Counterfeit coins in fake PCGS holders are traded. He used the example of a dealer who was sued by PCGS for selling counterfeit PCGS PCGS holders that were made to order from Chinese manufacturers.