MINNESOTA - Robert Webber says he spotted the 1845 U.S. silver dollar as a Chinese counterfeit the minute he saw it.

Webber, of Goldsboro, N.C., returned the bogus coin to Burnsville Coin Co. last year for a refund of $449. He included a note warning that the other two coins he had ordered, at a cost of $12,400, must be certified as authentic by the Professional Coin Grading Service (PCGS) -- or else.

PORT ANGELES, WA - Counterfeit coins by the thousands are turning up in Washington state, and authorities are warning coin collectors to be on the lookout for them.

HONG KONG - Hong Kong, in its position as the back door to the booming Chinese gold market, is a prime location for gold counterfeiters. Haywood Cheung, president of the Chinese Gold & Silver Exchange Society, Hong Kong’s century-old bullion exchange, said goldsmiths and jewelers in the territory had been duped into buying between 200 and 2,000 ounces of a new, hard to detect alloy passed off as bullion.

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