PCGS says no to expensive Chinese coins?

MR168 · January 27, 2008 1:38PM

I heard that PCGS will no longer certify expensive Chinese coins because of the high quality fakes?

TwoKopeiki · January 27, 2008 2:03PM

First time I hear about that.

Resplandor · January 27, 2008 2:17PM

<< First time I hear about that. >>

Ditto

sumnom · January 27, 2008 2:34PM

That would be an unfortunate admission on the part of PCGS. Isn't part of their mission to authenticate coins?

Lynch · January 27, 2008 7:34PM

<< That would be an unfortunate admission on the part of PCGS. Isn't part of their mission to authenticate coins? >>

Good point.

worldcoinguy · January 27, 2008 11:24PM

If this is true, I would be interested in reading the press release or email that came from PCGS.

This could either be a sign that they do not have a good asian coin expert on staff, or a more serious indicator that counterfeits are truly that dangerous. Scary to think that this might be the latter, as it would have some very serious implications for all of us on the darkside.

Doogy · January 28, 2008 12:05AM

this much I know; NGC uses a coin expert from Hong Kong to authenticate the really high dollar Far East (especially China) stuff. He is bascially akin to our Q. David Bowers here, and reportadly has the best eyes in the business in this field. I would imagine this allows them to authenicate and grade this type of material with relative certainty, especially the high dollar stuff like the 140k NGC Chinese coin that just sold at an auction in Hong Kong.

ajaan · January 28, 2008 1:38AM

What is 'expensive'? Are they giving a value?

coinpictures · January 28, 2008 2:01AM

<< I heard that PCGS will no longer certify expensive Chinese coins because of the high quality fakes? >>

Source? Link?

CoinKing · January 29, 2008 6:35AM

<< I heard that PCGS will no longer certify expensive Chinese coins because of the high quality fakes? >>

Absolutely incorrect.

ajaan · January 29, 2008 6:47AM

Thanks for the clarification Ron.

MR168 · January 29, 2008 7:43AM

<< this much I know; NGC uses a coin expert from Hong Kong to authenticate the really high dollar Far East (especially China) stuff.....
So,would you preferred NGC to grade your Chinese coins? I still like PCGS better.

BBQnBLUES · January 29, 2008 9:22AM

WHEW ! Thanks for clearing this matter up Ron..

I've got my eye on a PCGS Hong Kong @ the moment.

Doogy · January 29, 2008 11:43AM

<< 

<< this much I know; NGC uses a coin expert from Hong Kong to authenticate the really high dollar Far East (especially China) stuff.....
So,would you preferred NGC to grade your Chinese coins? I still like PCGS better. >>

because of that reason, yes. The more expert eyes the better, especially eyes from the coin's home country of origin.

RareSov · January 29, 2008 2:30PM

I wouldn't be surprised if there was some collaboration between NGC and PCGS experts, especially in this area.

But if the #1 man works for NGC, would send mine there too !

MR168 · January 29, 2008 2:43PM

Who grades Chinese coins for PCGS?

Griv · January 31, 2008 1:49PM

<< 

<< That would be an unfortunate admission on the part of PCGS. Isn't part of their mission to authenticate coins? >>

Good point. >>

What a jerk. Drop your stupid sig pics. The surge worked, America hasn't had a major attack since 911 so show a little respect moron.

PCGS says no to expensive Chinese coins?

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