'New' and 'fake'
There's wonderful work being done today; look at the 'masters of fire' exhibit and you can see contemporary blades that are worthy of a king. Useable, beautiful, and also art that will appreciate with time. In a few hundred years, some of the blades made today will be classics.
So I have no argument with something totally modern if it's good.
A 'fake' is something else; it's usually something being passed for something else. A well-made modern sword being sold as an antique is a 'fake' antique, but may be an excellent sword. Then the question becomes one of knowing the real value of the piece, and experience, a lot of it, and handling as many pieces as you can personally helps, along with guidance from experienced collectors.
Again, it depends on what you want and what you expect. Art that you like now, and that really shows care and inspiration in the creation of it, will probably stand the test of time.
And yes, it's difficult to be sure when buying something from a picture and a description on ebay. That's why collecting is an adventure!
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