Home U.S. Coin Forum

I sold a counterfeit coin. What do I do?

2»

Comments

  • krankykranky Posts: 8,709 ✭✭✭
    SilverDollarMan, I have no doubt that they will be fair. If they weren't going to make people whole, why would they have bothered to research them then publicize that the coins were fakes? This is the type of situation which reinforces confidence in PCGS and their authenticity guarantee.

    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>Market value = 0

    That's just flat out wrong. I will be contacting PCGS customer service later today and will post anything of interest that I learn. But to suggest they are going to say the market value is zero is irresponsible. I believe they will step up to the plate in a very fair manner. We'll see how it plays out. >>



    Of course they won't say market value is now $0. That is crazy and would ruin much of theeir business. They will step up to the plate and buy back every example they are offered. I have faith in that and you should also.

    Cameron Kiefer
  • BAJJERFANBAJJERFAN Posts: 31,328 ✭✭✭✭✭
    Market value = 0

    LOL

    It will be what it would have been had they been real.
    theknowitalltroll;
  • Conder101Conder101 Posts: 10,536
    I agree with Braddick. These might be a desired item BECAUSE they are slabbed contemporary counterfeits. I know that until now I had no interest in them. Now I would like to add one to my slab collection.
  • Greg,
    just a side note....

    I notice that PCGS still lists these coins
    under their price guide....

    image
  • BAJJERFANBAJJERFAN Posts: 31,328 ✭✭✭✭✭
    They probably have not had time to remove them or maybe they have forgotten that they are listed there.
    theknowitalltroll;

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file