FAKE 1796 Dollar in FAKE NGC slab
pcgs69
Posts: 4,333 ✭✭✭✭
Fake 1796 Dollar in Fake NGC slab
Looks legit at first glance, besides the "off-center" bust on a 1796 dollar (1795 only) what other red flags can we see?
1) from China
2) 1 day auction
what else?
Looks legit at first glance, besides the "off-center" bust on a 1796 dollar (1795 only) what other red flags can we see?
1) from China
2) 1 day auction
what else?
0
Comments
It is extremely rare to have the high degree collects and keep the worth a work ! The opportunity that do not miss the winning it. Coin is exactly as pictures and describe you will received.
If you have any question about this item. Please email:yongkun999@yahoo.com.cn me before you bid. just please send message to us.
Thank you and good luck!
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enough said there about this seller.i wouldnt buy chinese money from china. its fake someway or another...
cant wait to see if it sells.
4 private bidding
Certification # 1574510-002
Date / Info 1796 SM DATE LG LETTERS BB-61 B-4
Denomination S$1
Grade AU53
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Red meat is fine; green, fuzzy meat is bad for you.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Heritage sale
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>Yet another reason to buy PCGS only. >>
How can you be sure that PCGS slabs aren't being faked also?
how much?
<< <i>BTW, for those that may not have noticed, the coin posted by sinin1 has the same serial number as the Chinese fake. >>
Was it real?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Before anyone asks me to prove it, I'm not gonna spend all night looking for one... but it does look very familar to me.
Steve
In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
<< <i>BTW, for those that may not have noticed, the coin posted by sinin1 has the same serial number as the Chinese fake. >>
Not just the serial.. even the barcode looks the same?!
My wantlist & references
Another Koolaid drinker.
"one thinks ebay's policy of requiring cert #'s will only feed these fakes even moreso
i even ponder who supply's our tpg's with slabs...a chinese factory to begin with"
where does it end???
re-slabbing to include secret lazer incoded id's...sales to be via an escrow verification company sanctioned by the tpg's to decipher such coding and transfers to be registerred???
ya know
being that foreigners sell here we outta be able to apprehend them on foreign ground as a "new foreign trade sales agreement" and shoot these suckers...the money trail leads somewhere and if you wunna rip americans off be prepared as we will come to you policy and deliver those funds
yuck...just yuck is all can say looking at that fake coin in a fake ngc inserted slab..."the slab is probably authentic chinese as supplied"
next...all it takes is one chinese factory buying a "cac" sticker like that ngc hologram sticker if not duplicated "it will be...with chinese ease"
gosh i even wonder if i am racist now but it seems china wanted the lead by allowing it's country to be represented by so many thieves
<< <i>So I don't suppose that anyone has considered reporting the auction to ebay? >>
Ebay is only slightly more on our side than this seller is. Ebay will find every reason possible NOT to stop this auction, they have zero interest if auction stops. Let the buyer buy it, seller pay fees, by then it will be in their interest to make the auction **poof** so no record of it shows. Ebay has lost all credibility what so ever as a fraud fighter, they just dont care. F you and the horse you rode in is the new Ebay additude when reporting fraud. Fake they will say? Prove it, have the seller contact us is what they told me when reporting a fake 14-D/ 1944-D Lincoln last week. " Have seller contact us"..........grrrrrrrrr
<< <i>The lettering on the slab insert looks off. The "AU 53" on the counterfeit is noticeably wider than it is on a legit holder:
Make your slab sizes equal in size in your pictures and you'll see you're mistaken. Both slabs use five spaces for AU 53 as compared to the letters directly under it.
<< <i>
<< <i>Yet another reason to buy PCGS only. >>
How can you be sure that PCGS slabs aren't being faked also? >>
We probably can't.
<< <i>all it takes is one chinese factory buying a "cac" sticker like that ngc hologram sticker if not duplicated "it will be...with chinese ease"
gosh i even wonder if i am racist now but it seems china wanted the lead by allowing it's country to be represented by so many thieves >>
China boasts of their ability to COPY things. When US companies move production to China, they typically send samples of the US produced product to various Chinese vendors, who build a few hand-made prototype COPIES of the product, along with a price bid for mass production. The US company selects the most convincing fake among the low bids.
Another Koolaid drinker.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Link to Heritage Auction
<< <i>Fake 1796 Dollar in Fake NGC slab
Looks legit at first glance, besides the "off-center" bust on a 1796 dollar (1795 only) what other red flags can we see?
1) from China
2) 1 day auction
what else? >>
This same person also sold the following coin:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=120202162130
It is a well-known fake rouble, which is is being widely sold by Chinese on eBay. In
this case, however, the forgers created a mold and have changed the date as needed.
Thus we find roubles dated 1747, 1748, 1749, and 1752 so far. No doubt other dates
will be seen in due course. FraudBay was notified that all roubles dated 1728–1729
and 1747–49, and 1752 being sold from China were absolute fakes and, of course, did
nothing.
Denga
<< <i>Next these chinese will move here and sell it from Arkansas... >>
Ummm, Ever hear of Walmart?
My icon IS my coin. It is a gem 1949 FBL Franklin.
Maybe eBay would be more interested in booting this @$$ off with a letter coming from Heritage?
Of course, being Christmas (here, NOT China) and all, Heritage won't be able to respond until after the coin has sold.
Courious though, if paid by Paypal.......
As a prediction as to how this will all play out, I expect NGC to announce a new holder, along with a massive reholdering and imaging program. Images of all coins in new holders will be available online, cross-referenced to serial number. Checking the NGC website will be the only way for consumers to verify that the coins they are offered were in fact graded and authenticated by NGC.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Some would say we have a crisis at hand. The question is, how do we combat this scourge? Banning auctions from China and other 3rd world countries is a start but they will eventually recruit cohorts in the USA. Some have already done so. Sellers will be well advised to check their grammer.
Ugh!
It would be very similar to today's email request to remove a coin from someone's registry set when you find out that it can't be added to your own.
A seller would notify the grading service that the coin is for sale (if not already in a registry set).
There would be a link to the grading service to send an email to the owner of the coin to verify the status & a reply to the person asking.
A rough draft, but you get the idea.
Putting a picture online to verify what the coin looks like can just as easily be hijacked & used. Imaging software is a beautiful thing.
Just a thought.
The solution won't be next generation slabs. The solution is an online slab verification resource with images of every coin.
As an aside, I find it amusing that the only area of the market that perhaps cannot be saved is the MS70 moderns market, as online images probably won't be sufficient to identify coins with certainty.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Kimberly
My Coin Painting Website
No need to hold off. Just buy from a reputable firm if you're not sure about the coin.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
PCGS has it booked at under $30,000.00.
Now if I can only get it for under $2,000.00.
unfortunately I don't see that happening. NGC doesn't even have the resources to get all the foreign on their on line pop report. This is a great idea but would be much more labor intensive than just getting the pop report for foreign right.
The Coin probably doesn't even exist. What good is PayPal if you're buying an item in China, anyway. I pity the fool that actually PayPals money to the seller.
On a more serious note, about 6 years ago I won a PCGS MS64 1908 No Motto Saint from a seller in Florida. The Coin was so horrible I asked if I could return it even though there was no stated return policy. The Seller very promptly granted the return. I always wondered how in H*LL a POS like that could make it into a PCGS slab. Now that I've read this post I wonder .........
Could it be...... ?
unfortunately I don't see that happening. NGC doesn't even have the resources to get all the foreign on their on line pop report. This is a great idea but would be much more labor intensive than just getting the pop report for foreign right.
The foreign pop report means very little to NGC's bottom line. On the other hand, the problem with counterfeit slabs could sink their entire business. You can bet they'll do whatever it takes.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
The seller of this fake slab would do better if he had an accomplice in the US so the address would not be a red flag. I would also think he would want to sell more "generic" coins in the $500 range as to not draw too much attention to his auctions.
This is getting to be a little scary....
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.