<< <i>O.K. C’mon guys enough of this paranoia about counterfeit slabs this just is not going to happen. Sure perhaps a few experiments, but there is just no way we are going to see these fake slabs flood the market the way the raw coins will. >>
It's entirely plausible though.
As is the fact that corrupt sellers will pinch photos from other sources and use them as their own. "Here is a slabbed MS65 coin of PCGS" and what arrives in the post a coin graded MS65 by someone else, or perhaps a totally different raw coin.
That's before we get to the differences between the slabbing companies. What's worse buying a raw coin and being sent a raw cleaned specimen, of buying a certified coin on ebay supposedly from one company and getting one from another small time company no one ever heard of (like MUGS - Made Up Grading Service) that's got all the same problems, but is from a company with slacker grading standards? I.e a company that will knowingly slab problem coins and pass them off as MS65s when they should be 'AU58 Cleaned'.
Coin collecting is alot like a tightrope and some seem to think slabs offer a safety net from the large drop below into the abyss of ignorance, but the only safetly net is experience. You learn what's what. There are cheaper and easier solutions out there but like most knackered lifeboats there will be leaks.
Does slabbing always protect the buyer? Too much faith in plastic? Slabs are as accurate as dowsing rods. It's a matter of wanting to believe, but there are no quick solutions in life. Life's a lesson, learn it.
Comments
<< <i>O.K. C’mon guys enough of this paranoia about counterfeit slabs this just is not going to happen. Sure perhaps a few experiments, but there is just no way we are going to see these fake slabs flood the market the way the raw coins will. >>
It's entirely plausible though.
As is the fact that corrupt sellers will pinch photos from other sources and use them as their own. "Here is a slabbed MS65 coin of PCGS" and what arrives in the post a coin graded MS65 by someone else, or perhaps a totally different raw coin.
That's before we get to the differences between the slabbing companies. What's worse buying a raw coin and being sent a raw cleaned specimen, of buying a certified coin on ebay supposedly from one company and getting one from another small time company no one ever heard of (like MUGS - Made Up Grading Service) that's got all the same problems, but is from a company with slacker grading standards? I.e a company that will knowingly slab problem coins and pass them off as MS65s when they should be 'AU58 Cleaned'.
Coin collecting is alot like a tightrope and some seem to think slabs offer a safety net from the large drop below into the abyss of ignorance, but the only safetly net is experience. You learn what's what. There are cheaper and easier solutions out there but like most knackered lifeboats there will be leaks.
Does slabbing always protect the buyer? Too much faith in plastic? Slabs are as accurate as dowsing rods. It's a matter of wanting to believe, but there are no quick solutions in life. Life's a lesson, learn it.