The Newer Fake PCGS holders are one of the latest Hobby Threats...
burfle23
Posts: 2,351 ✭✭✭✭✭
It doesn't help that they target good certs with no on-line images.
The latest deceptions hitting collectors and Dealers alike are under-graded genuine coins in counterfeit PCGS holders. Without getting into the specific "tells" here I will show images of a particular recent high priced example compared to the researched genuine one sold in a 2020 GC auction.
The lower grade coin in bad holder:
The genuine holder/ graded example:
The slabbed comparisons:
And the labels:
More comparisons:
There have been others posted in this forum- it is truly a jungle out there ...
Best, Jack.
20
Comments
Ok, that one is good. No doubt about that.
Coin Photographer.
Just by glancing at it, I would have thought it was real. Wow.
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
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Thanks for the post @burfle23. I'm disappointed, but unfortunately not surprised.
Makes me feel better about prioritizing coins with TrueViews, even common ones like this MS64 I picked up. Lack of a TrueView is a big negative for me.
The fake one looks more like a ms63
I think it is a genuine example but not the one that was originally in that holder, with the right/wrong coin this could completely compromise the respectable TPG's reputation for quality control... scary!
."It's a dangerous business... going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to" -JRR Tolkien_________________________________________________________________________________________________________________________________________Outstanding BST transactions as a seller, buyer and trader with: ----- mustanggt, Kliao, claudewill87, MWallace, paesan, mpbuck82, moursund, basetsb, lordmarcovan, JWP, Coin hunter 4, COINS MAKE CENTS, PerryHall, Aspie_Rocco, Braddick, DBSTrader2, SanctionII, Histman, The_Dinosaur_Man, jesbroken, CentSearcher ------ANA Member #3214817
For those interested here is a link to the previous thread discussing a similar holder.
https://forums.collectors.com/discussion/1077075/i-felt-obligated-to-warn-the-coin-collectors
https://youtube.com/watch?v=_KWVk0XeB9o - Ruby Starr (from 'Go Jim Dandy') Piece Of My Heart
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https://youtube.com/watch?v=D0FPxuQv2ns - Ruby Starr (from 'Go Jim Dandy') Maybe I'm Amazed
RLJ 1958 - 2023
It was just a matter of time before they cleaned up the font and placement issues. There's yet another reason why I prefer old holders, and will only buy new PCGS holders with TV's. I can pick out fake coins easy, but real coins in a high quality fake holder? Eh...
NGC's slab shots may suck in terms of sharable quality, but they're better than nothing security-wise.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
It would be great for TPGs to have both glamour and slab shots on cert verification.
I've begun to wonder how many fake slabs are in my collection. But I don't want to look. This is one more reason to stop buying coins. Or is it?
Or
Just another reason to buy CAC stickered coins!
Mike
My Indians
Danco Set
If they can counterfeit a slab, they can counterfeit a sticker.
I guess but now they have two things they have to deal with
Mike
My Indians
Danco Set
Sorry, wrong images...
These are both the same coin, as far as I can tell. Are you suggesting that they aren’t?
Nothing is as expensive as free money.
Sorry for any confusion- same coin thought to be an overgraded example in a counterfeit holder sold by the same group of sellers (example on the right).
Wow.... Getting really tough out there.... @burfle23 Thanks for the comparative pictures. Could you PM me all the PUP's? Cheers, RickO
That holder looks new enough to have the etched six character code. Perhaps PCGS could add a 'holder verification' entry field on the cert verification page, where a user could enter the code from the holder.
Earlier holders don't have the code. PCGS could offer a 'coding service' where they could etch the characters on the older holder.
Is the seller the only indication that this might be a overgraded coin?
Some sellers mix up good and bad coins in their inventory to throw people off.
It appears that this counterfeiter may also be making the CAC sticker.
Sticker from 1951 S Franklin
Sticker from Genuine PCGS Holder
Yes, there are 100% fake CAC stickers out there. I let them know about it a couple months ago.
They use low feedback ebay accounts, very similar lighting, and a fake PCGS holder with possibly a fake CAC sticker.
They're probably reading this thread at some point, for what it is worth.
More stuff, same MO;
https://www.ebay.com/itm/334471646587
https://www.ebay.com/itm/384941110119
I have this pic saved because its particularly egregious... This is how they started, common dates, inflated grades, fake CAC stickers... Now they've moved onto better dates it seems.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
There must be hundreds of these fakes sold. Here is another on for seller gradecoin99:
GC sold Genuine. Nice Example
gradecoin99 Fake
The font on the fake CAC stickers are the same on the 1901 O Morgan and 1951 S Franklin.
PCGS really should start imaging all slabs immediately like NGC does. This is one of the very few places where NGC certainly foresaw things better than PCGS.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
Looks like knowing how to grade is a useful skill to develop.
Low res but here's another.
Might date back to this;
https://forums.collectors.com/discussion/1049030/this-is-the-first-counterfeit-slab-with-cac-sticker-i-have-seen
"It's like God, Family, Country, except Sticker, Plastic, Coin."
I wonder what happened to this:
https://forums.collectors.com/discussion/comment/13265434/#Comment_13265434
https://youtube.com/watch?v=_KWVk0XeB9o - Ruby Starr (from 'Go Jim Dandy') Piece Of My Heart
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https://youtube.com/watch?v=D0FPxuQv2ns - Ruby Starr (from 'Go Jim Dandy') Maybe I'm Amazed
RLJ 1958 - 2023
This is definitely concerning and a reminder that—where there is a big market with money to be made—counterfeiting will happen (coins, sports cards, luxury fashion, etc.).
IMO, there is responsibility on all parties when transacting in the marketplace. “Caveat emptor” to the buyer, being educated and buying the coin and not the holder. The dealer community to be aware and vigilant of counterfeit slabs. Our hosts to innovate, as they have with Gold Shield, TrueViews, RFIDs, etc. Law enforcement to investigate fraudulent activity.
Be careful out there folks.
Nothing is as expensive as free money.
An example account so you can see the MO:
https://www.ebay.com/sch/gerdur57/m.html?item=394081571304&LH_Complete=1&LH_Sold=1&rt=nc&_trksid=p2046732.m1684
"It's like God, Family, Country, except Sticker, Plastic, Coin."
One thing I'll say about all this; the coins aren't really close to the assigned grades.
BUY THE COIN NOT THE HOLDER!
"It's like God, Family, Country, except Sticker, Plastic, Coin."
"It's like God, Family, Country, except Sticker, Plastic, Coin."
Deleted.
@basetsb_coins on Instagram
This account was NARU'ed and the listings are gone but still show up in search.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
Here's what I'd do; Exactly what PCGS already does with European-submitted Secure coins.
EuroViews!
"It's like God, Family, Country, except Sticker, Plastic, Coin."
Wow, that's some pretty troubling stuff right there. Thanks @burfle23 for sounding the alarm.
I agree with @DelawareDoons, it would be very helpful if PCGS would start imaging all slabs moving forward.
Philippians 4:4-7
In no particular order:
Look up the slab # and see if it's the same coin
Know how to grade
Only deal with people you believe to be reputable
It would be nice if pcgs would let us look up the hidden alphanumeric on the side of the holder and verify whether it is correct (kind of like how a checksum works). Yes it would only work after you buy the coin, if we’re taking online, but it would still be helpful.
Aercus Numismatics - Certified coins for sale
Question is are they working on counterfeiting the chip yet.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
As I recall pcgs has commented that this number is a manufactures number and not part of pcgs.
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Edit: To correct my comment above as my memory failed me (again). Here are the previous threads and pcgs did not comment about the slab numbers which appear to be lot numbers (either mfg or pcgs).
https://forums.collectors.com/discussion/1055671/so-what-s-the-serial-type-number-etched-onto-the-bottom-of-slabs-mean
https://forums.collectors.com/discussion/1009420/interesting-alpha-code-on-slab-edge#latest
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In the previous thread pcgs claimed that the chip can not be counterfeited.
https://forums.collectors.com/discussion/comment/13265188/#Comment_13265188
However, there are millions of non-chip holders in the market place to counterfeit.
https://youtube.com/watch?v=_KWVk0XeB9o - Ruby Starr (from 'Go Jim Dandy') Piece Of My Heart
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https://youtube.com/watch?v=D0FPxuQv2ns - Ruby Starr (from 'Go Jim Dandy') Maybe I'm Amazed
RLJ 1958 - 2023
Something immediately didn't look right to me on this coin. And now I am sure.
The obverse looks like a genuine 1904 Morgan Dollar, but the subtle nuances of it look like a New Orleans product. Still, that is not proof of anything. The reverse is definitely a genuine San Francisco Mint Morgan Dollar.
But these two could not possibly exist together. The reason is that for San Francisco Morgan Dollars, there was a change in the reverse hub type in 1901. The coin pictured above has the reverse hub type of 1879-1901.
The C3 reverse hub was used from 1878-1900 (for Philadelphia Mint coins), and from 1879-1901 (for New Orleans and San Francisco Mint coins). The C4 reverse was used from 1900-1904 (on Philadelphia Mint coins), and from 1901-1904 (on New Orleans and San Francisco Mint coins).
The C3 reverse has a narrow gap between the Eagle's neck and wing. The C4 reverse has a wider gap. This page shows a side-by-side comparison: moonlightmint.com/VAM_privately_made/09.htm .
So the coin pictured above must be a "sandwich" (altered) coin made using the obverse of a 1904 (probably New Orleans) coin, artificially mated to the reverse of a common 1879-1901 San Francisco coin (probably an 1879, 1880, or 1881).
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This next coin (an apparent 1880-O) has an 1880 obverse (probably from San Francisco) mated to a C4 New Orleans reverse from 1901-1904:
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And one more example. The coin on the right is a genuine 1901-[P]. It has the typical "look" for genuine specimens of this date and mint. The coin on the right has overall details which are too bold for a 1901 Philadelphia. It has a 1901 obverse (probably from New Orleans) , but the reverse is a C3 Philadelphia from 1878-1900 (all genuine 1901-[P] Morgan Dollars have the C4 reverse):
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So the rare dates are being faked by either "photoshop" image tricks, or by sandwiching different coins together (I assume the latter).
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Was not aware of that. Unfortunate! Appreciate the info
Aercus Numismatics - Certified coins for sale
Masseto wines... Ornellaia has been taking anti counterfeiting measures for a long time.
Maybe PCGS can take a page from this book.
https://www.thedrinksbusiness.com/2010/03/super-tuscan-turns-to-anti-counterfeiting-technology/
"Sandwiching" different coins together is nothing new. In the pre-third-party grading service era, a coin dealer tried to sell me a mid-circulated grade 1916-D dime in a Capital Plastic Coin Holder. I insisted on taking the holder apart. There was a 1916 dime with a 1941-D dime behind it. The dealer looked surprised. LOL.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
This is the same 'technique' identified by @ifthevamzarockin in the previous thread. A little bit of a pattern.
https://forums.collectors.com/discussion/comment/13265681/#Comment_13265681
Edit:
@Aercus
I found this thread on it but I see pcgs didn't comment on this one.
https://forums.collectors.com/discussion/1055671/so-what-s-the-serial-type-number-etched-onto-the-bottom-of-slabs-mean
https://youtube.com/watch?v=_KWVk0XeB9o - Ruby Starr (from 'Go Jim Dandy') Piece Of My Heart
.
https://youtube.com/watch?v=D0FPxuQv2ns - Ruby Starr (from 'Go Jim Dandy') Maybe I'm Amazed
RLJ 1958 - 2023
According to my book and VAM World website:
The SF mint produce both C3 and C4 reverses for the years 1900 and 1901.
Here is the VAM source for the 1900 S.
http://www.vamworld.com/wiki/1900-S_VAMs
And one 1900 S VAM with C4
http://www.vamworld.com/wiki/1900-S_VAM-18
The Philadelphia mint produce both C3 and C4 reverses for the years 1900 and 1901.
http://www.vamworld.com/wiki/1901-P_VAMs
And one 1901 P VAM with C3
http://www.vamworld.com/wiki/1901-P_VAM-1
The New Orleans mint is a little tricky. While they are not all technically fully C4 for 1902 they do appear to all have the noted C4 wing gap. (So to me a C4). However, they identify a C4/C3 where the difference is a C4 reverse but with two berries like a C3. (Again to me a C4.)
http://www.vamworld.com/wiki/1902-O_VAMs
And the page for the C4 versus C4/C3 versus C3
http://www.vamworld.com/wiki/C4-C4C3-C3_Comps
https://youtube.com/watch?v=_KWVk0XeB9o - Ruby Starr (from 'Go Jim Dandy') Piece Of My Heart
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https://youtube.com/watch?v=D0FPxuQv2ns - Ruby Starr (from 'Go Jim Dandy') Maybe I'm Amazed
RLJ 1958 - 2023
I thought that is what PCGS has done with their secure holder ?
https://www.pcgs.com/security
OMG ... My Mother was Right about Everything!
I wake up with a Good Attitude Every Day. Then … Idiots Happen!
Yes, some of those called "C4" are actually "C4" hubbed over "C3", but I consider those to be a C4 classification since they exhibit the wide neck-wing gap.
Also, I referred to the slated arrow feather and narrow neck-wing gap as "C3", but technically this group is comprised of "C1", "C2", and "C3" (all are similar and have the narrow neck-wing gap).
I was not aware of the (apparently rare) 1901-[P] with narrow neck-wing gap ("C3" hub type).
I was also not aware of the (apparently scarce) 1900-S with wide neck-wing gap ("C4" hub type).
Thanks for the information. I have corrected my reverse hub chart:
moonlightmint.com/VAM_privately_made/11.htm
The bar code was printed askance as well.
"Got a flaming heart, can't get my fill"
The bar code looks like a pretty good match on this example.
On others we have discussed the bar code is often way off.
The coin in the bad holder could be one of the Chinese fakes, struck with an inappropriate reverse die.
Another unfortunately purchased by my same dealer friend; he did get authorization to return this one...
Good to know.
It has a sticker too.
We’re looking at silver here but I wonder how many gold coins are like this.