Chemically frosted Proof Lincoln Cents
STEWARTBLAYNUMIS
Posts: 2,697 ✭✭✭✭
I went up to Teletrade last week to view a Lincoln Cent in their upcoming November 6 auction as lot 1057 1940 proof 64 Cameo
Un F___ing believable,Someone had put some chemical on the portrait and on the wheat sheaves on the reverse.I imagine it looked better when it was graded because the coin got slabbed.
I have never seen a 1939,1940 or a 1941 Lincoln cent with any cameo frost what-so ever so I phoned Rick Montgomery and he said he was aware of this fraud.He said it was possible that a few coins got through the grading service.If anyone owns any suspicious coins they should send them to PCGS under the guaranteed regrade program.
Needless to say Teletrade is sending the coin back to the consignor so it will not be in their November 6 Auction.
Stewart
Un F___ing believable,Someone had put some chemical on the portrait and on the wheat sheaves on the reverse.I imagine it looked better when it was graded because the coin got slabbed.
I have never seen a 1939,1940 or a 1941 Lincoln cent with any cameo frost what-so ever so I phoned Rick Montgomery and he said he was aware of this fraud.He said it was possible that a few coins got through the grading service.If anyone owns any suspicious coins they should send them to PCGS under the guaranteed regrade program.
Needless to say Teletrade is sending the coin back to the consignor so it will not be in their November 6 Auction.
Stewart
0
Comments
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
I heard years ago someone was "painting" the frost on Morgans. Might this be the same?
Dan
Kranky - I was there! Unfortunately, I don't know precisely what technique was used on the Franklins or what was applied to the proof Lincoln cent. Each time a new or improved method is devised by coin doctors in cases like this, a few coins typically get by NGC and PCGS. However, the services catch on very quickly, start no-grading the coins and the doctors are forced to move on.
I think it would be great if situations like this were widely publicized by the grading companies. The more people who are aware of this stuff, the better, as far as I'm concerned.
I'm at the coin show in Santa Clara, where I've been for the past two days. Anything else exciting happening?