I dont think you would ever see a criminal prosecution for recoloring a coin or "thumbing a nickel". I doubt you could convince a prosecutor or jury that that is "defacing" a coin.
<< <i>I dont think you would ever see a criminal prosecution for recoloring a coin or "thumbing a nickel". I doubt you could convince a prosecutor or jury that that is "defacing" a coin. >>
That's what I was thinking. You and I must be missing something...
Out of all the rants of hers I have read...that was probably the most coherent, typo-free and justified rants yet.
She is right... the doctoring thing is a sham and a darn shame... how to expose them without feeling the wrath of some ambulance chasing lawyers??? now that's the real trick... and would it "save" all collectors from being tricked? well, not if WC Fields was right... or was it PT Barnum? no matter... if a person chooses to be foolish it is next to impossible to stop them... and buying something without any real knowledge of what you are buying, is foolish at best...
Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free
Agreed -- and she poses a good question that deserves an answer...
"Why don't the numismatic major organizations, such as the PNG (who so quickly tried hijack and claim their own the orIginal reward fund Jon Lerner and I started), the ANA, and all other prominent entities offer a reward fund for the arrest and conviction of all coin doctors? I am dead serious about this."
She has a seated coin on her website in AU, and she has a rant in the description about how some crackout artist dipped the only known MS one and stripped the coin.
Bear's "Growl of Approval" award 10/09 & 3/10 | "YOU SUCK" - PonyExpress8|"F the doctors!" - homerunhall | I hate my car
<< <i>She has a seated coin on her website in AU, and she has a rant in the description about how some crackout artist dipped the only known MS one and stripped the coin. >>
Same happend with an spectacular O/C CH BU Seated Half that sold in the 80's Milton Cohen error collection... today it's in a PCGS AU58 holder an it was heavily molested since the Cohen sale as it's almost non recognizable as the same coin.
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
So, how many years in prison for wrapping a coin in a Taco Bell napkin? Or dipping a Franklin half? Or thumbing a Morgan dollar? Someone needs a reality check.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>So, how many years in prison for wrapping a coin in a Taco Bell napkin? Or dipping a Franklin half? Or thumbing a Morgan dollar? Someone needs a reality check. >>
Glad you didn't mention tonguing a SBA!
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
<< <i>So, how many years in prison for wrapping a coin in a Taco Bell napkin? Or dipping a Franklin half? Or thumbing a Morgan dollar? Someone needs a reality check. >>
Glad you didn't mention tonguing a SBA! >>
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
At lot viewing the dealers wispered about who did it and said to each other, "well we'll just avoid it". And look who ends up with a coin like that most of the time-a collector who has been told for the past 20 years how safe third party grading is.
<< <i>I really wish Laura could still post. I miss her stirring up the natives every now and then - it got pretty funny at times. >>
Usually, it was the natives that got Laura stirred up, but I also miss her.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Forgive me, but this is among the stupidest, most preposterous, impractical, unfeasible, and in fact indefensible ideas that I have ever read.
People may love Laura, and perhaps justifiably so. She may be a great numismatist, and infinitely deep in her knowledge of coins (which I sure as hell don't claim to be). It's her grasp of reality that I question. Let's not be ridiculous.
Tony Barreca
"Question your assumptions." "Intelligence is an evolutionary adaptation."
Forgive me, but this is among the stupidest, most preposterous, impractical, unfeasible, and in fact indefensible ideas that I have ever read.
People may love Laura, and perhaps justifiably so. She may be a great numismatist, and infinitely deep in her knowledge of coins (which I sure as hell don't claim to be). It's her grasp of reality that I question. Let's not be ridiculous. >>
C'mon, don't sugar coat it, take off the kid gloves and tell us how you really feel about this!
<< <i>Agreed -- and she poses a good question that deserves an answer...
"Why don't the numismatic major organizations, such as the PNG (who so quickly tried hijack and claim their own the orIginal reward fund Jon Lerner and I started), the ANA, and all other prominent entities offer a reward fund for the arrest and conviction of all coin doctors? I am dead serious about this." >>
Simple, the person submitting the coin may not have been the doctor.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
CAC and tightening TPG standards on artificial toning I've seen described on this forum will help separate original, unmolested coins in the marketplace. These coins are scarcer, and will command premium prices.
It is frustrating to see the stock of original pieces steadily declining. Human nature is always to try to make something 'better'. I don't think reward funds or other consumer/collector level efforts will be effective in changing this aspect of human nature.
Certainly, I wish people would take a moment and think of how huge a 'chain of custody' they will be compromising because of their actions. So much history. Frustrating.
I still think she's wrong about the approach...I think it would be much easier to get a fraud conviction than a "defacing coinage" conviction. You need an entity with subpoena power. Subpoena half a dozen dealers who know these guys then follow the chain. Dealers may not publicly out these guys but I doubt they would lie under oath for them.
It is not against the law.... it is against our principles. Now, if one could prove that an individual doctored a coin, then sold it as original (and people, we are talking about one heck of a lot of proof here), then perhaps one could bring them to small claims court. However, since all of this is, for the most part, unprovable (yes, I have seen NT coins that have been torn apart here on the forum as AT), and largely opinion (with the exception of one or two experts - i.e. TomB, Sunnywood) of unqualified individuals, then there still remains only one cure. Learn what you are doing, view all coins personally, stay away from any questionable product. Cheers, RickO
<< <i>Forgive me, but this is among the stupidest, most preposterous, impractical, unfeasible, and in fact indefensible ideas that I have ever read. >>
Agree. I bet all those coin doctors are really scared.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I dont understand... There are ways to nail these guys. Recently we were aware of a major firm that took a gorgeous original coin from an auction, added color, and then got it regraded a higher grade. They placed it back in auction. The coin got traced by several people. Sadly, no action was taken-that I was aware of. Maybe if there was a substantial reward, someone would have stepped up and just blasted this activity and firm.
If she wants people to be punished, let her tell the world who it was so we know to avoid them. that would make laura happy as well as teach the firm a lesson
<< <i>Recently we were aware of a major firm that took a gorgeous original coin from an auction, added color, and then got it regraded a higher grade. They placed it back in auction. >>
Sounds like the TPGs are a major part of the problem
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Why is puttying a MS-66 Saint any different than repairing a stamp or a baseball card. It's still fraud and won't quite fit in small claims court. Why will the FBI go after one and not the other? You may not even have to convict anybody, a couple of perp walks out of the Baltimore show might slow it down a little.
<< <i>Why is puttying a MS-66 Saint any different than repairing a stamp or a baseball card. It's still fraud and won't quite fit in small claims court. Why will the FBI go after one and not the other? You may not even have to convict anybody, a couple of perp walks out of the Baltimore show might slow it down a little. >>
I would laugh my ass off if the two coin doc punks that physically threatened Laura were led out of Baltimore show in handcuffs.
It's only a matter of time - if the FBI will get involved in sports cards, you gotta know that coins will come around eventually.
<< <i>Why is puttying a MS-66 Saint any different than repairing a stamp or a baseball card. It's still fraud and won't quite fit in small claims court. Why will the FBI go after one and not the other? You may not even have to convict anybody, a couple of perp walks out of the Baltimore show might slow it down a little. >>
I would laugh my ass off if the two coin doc punks that physically threatened Laura were led out of Baltimore show in handcuffs.
It's only a matter of time - if the FBI will get involved in sports cards, you gotta know that coins will come around eventually. >>
<< <i>Why is puttying a MS-66 Saint any different than repairing a stamp or a baseball card. It's still fraud and won't quite fit in small claims court. Why will the FBI go after one and not the other? You may not even have to convict anybody, a couple of perp walks out of the Baltimore show might slow it down a little. >>
I would laugh my ass off if the two coin doc punks that physically threatened Laura were led out of Baltimore show in handcuffs.
It's only a matter of time - if the FBI will get involved in sports cards, you gotta know that coins will come around eventually. >>
What exactly happened there? >>
They got in her face and told her in so many words that if she didn't back off she was gonna get it. One's an occasional forum member here [when it's to his financial advantage to show up], the other is jdhfla's guy.
I love Laura but the part about her and George Clooney alone on a desert island kind of creeped me out.............MJ
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Comments
No, she did not just say that!!!
BST Transactions: DonnyJf, MrOrganic, Justanothercoinaddict, Fivecents, Slq, Jdimmick,
Robb, Tee135, Ibzman350, Mercfan, Outhaul, Erickso1, Cugamongacoins, Indiananationals, Wayne Herndon
Negative BST Transactions:
I think I'm in love and she is very cute too
That line made me throw up a little in my mouth.
<< <i>I dont think you would ever see a criminal prosecution for recoloring a coin or "thumbing a nickel". I doubt you could convince a prosecutor or jury that that is "defacing" a coin. >>
That's what I was thinking. You and I must be missing something...
Who is John Galt?
She is right... the doctoring thing is a sham and a darn shame... how to expose them without feeling the wrath of some ambulance chasing lawyers??? now that's the real trick... and would it "save" all collectors from being tricked? well, not if WC Fields was right... or was it PT Barnum? no matter... if a person chooses to be foolish it is next to impossible to stop them... and buying something without any real knowledge of what you are buying, is foolish at best...
"Why don't the numismatic major organizations, such as the PNG (who so quickly tried hijack and claim their own the orIginal reward fund Jon Lerner and I started), the ANA, and all other prominent entities offer a reward fund for the arrest and conviction of all coin doctors? I am dead serious about this."
<< <i>I think I'm in love and she is very cute too >>
<< <i>She has a seated coin on her website in AU, and she has a rant in the description about how some crackout artist dipped the only known MS one and stripped the coin. >>
Same happend with an spectacular O/C CH BU Seated Half that sold in the 80's Milton Cohen error collection... today it's in a PCGS AU58 holder an it was heavily molested since the Cohen sale as it's almost non recognizable as the same coin.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>So, how many years in prison for wrapping a coin in a Taco Bell napkin? Or dipping a Franklin half? Or thumbing a Morgan dollar? Someone needs a reality check. >>
Glad you didn't mention tonguing a SBA!
<< <i>
<< <i>So, how many years in prison for wrapping a coin in a Taco Bell napkin? Or dipping a Franklin half? Or thumbing a Morgan dollar? Someone needs a reality check. >>
Glad you didn't mention tonguing a SBA! >>
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
(I'm a message board weanie that she referred to on a previous hot topic)
<< <i>I really wish Laura could still post. I miss her stirring up the natives every now and then - it got pretty funny at times. >>
Usually, it was the natives that got Laura stirred up, but I also miss her.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>its probably just another wet dream of mine,
That line made me throw up a little in my mouth. >>
Yeah, although if I had to read that, it may as well be on Halloween. I think that means I get some candy now.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Forgive me, but this is among the stupidest, most preposterous, impractical, unfeasible, and in fact indefensible ideas that I have ever read.
People may love Laura, and perhaps justifiably so. She may be a great numismatist, and infinitely deep in her knowledge of coins (which I sure as hell don't claim to be). It's her grasp of reality that I question. Let's not be ridiculous.
"Question your assumptions."
"Intelligence is an evolutionary adaptation."
<< <i>A good question that deserves an answer?
Forgive me, but this is among the stupidest, most preposterous, impractical, unfeasible, and in fact indefensible ideas that I have ever read.
People may love Laura, and perhaps justifiably so. She may be a great numismatist, and infinitely deep in her knowledge of coins (which I sure as hell don't claim to be). It's her grasp of reality that I question. Let's not be ridiculous. >>
C'mon, don't sugar coat it, take off the kid gloves and tell us how you really feel about this!
"Question your assumptions."
"Intelligence is an evolutionary adaptation."
Doesn't Lori have an idea who these doctors might be?
Surely she must at which case I could see the witch trials beginning with her. If she's so adamant about this soap box then let her speak out!
The name is LEE!
<< <i>Agreed -- and she poses a good question that deserves an answer...
"Why don't the numismatic major organizations, such as the PNG (who so quickly tried hijack and claim their own the orIginal reward fund Jon Lerner and I started), the ANA, and all other prominent entities offer a reward fund for the arrest and conviction of all coin doctors? I am dead serious about this." >>
Simple, the person submitting the coin may not have been the doctor.
The name is LEE!
CAC and tightening TPG standards on artificial toning I've seen described on this forum will help separate original, unmolested coins in the marketplace. These coins are scarcer, and will command premium prices.
It is frustrating to see the stock of original pieces steadily declining. Human nature is always to try to make something 'better'. I don't think reward funds or other consumer/collector level efforts will be effective in changing this aspect of human nature.
Certainly, I wish people would take a moment and think of how huge a 'chain of custody' they will be compromising because of their actions. So much history. Frustrating.
The market will decide.
1) Long before someone came up with the idea of putting green footballs on slabs, the market was already paying a premium for choice, original coins.
2) I've seen a lot of dipped coins with stickers attached.
3) If stickers are so effective at affecting TPG and coin doctor behavior, why is this still a "Hot Topic"?
<< <i>Forgive me, but this is among the stupidest, most preposterous, impractical, unfeasible, and in fact indefensible ideas that I have ever read. >>
Agree. I bet all those coin doctors are really scared.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
If she wants people to be punished, let her tell the world who it was so we know to avoid them.
that would make laura happy as well as teach the firm a lesson
<< <i>Recently we were aware of a major firm that took a gorgeous original coin from an auction, added color, and then got it regraded a higher grade. They placed it back in auction. >>
Sounds like the TPGs are a major part of the problem
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Why is puttying a MS-66 Saint any different than repairing a stamp or a baseball card. It's still fraud and won't quite fit in small claims court. Why will the FBI go after one and not the other? You may not even have to convict anybody, a couple of perp walks out of the Baltimore show might slow it down a little. >>
I would laugh my ass off if the two coin doc punks that physically threatened Laura were led out of Baltimore show in handcuffs.
It's only a matter of time - if the FBI will get involved in sports cards, you gotta know that coins will come around eventually.
<< <i>
<< <i>Why is puttying a MS-66 Saint any different than repairing a stamp or a baseball card. It's still fraud and won't quite fit in small claims court. Why will the FBI go after one and not the other? You may not even have to convict anybody, a couple of perp walks out of the Baltimore show might slow it down a little. >>
I would laugh my ass off if the two coin doc punks that physically threatened Laura were led out of Baltimore show in handcuffs.
It's only a matter of time - if the FBI will get involved in sports cards, you gotta know that coins will come around eventually. >>
What exactly happened there?
<< <i>
<< <i>
<< <i>Why is puttying a MS-66 Saint any different than repairing a stamp or a baseball card. It's still fraud and won't quite fit in small claims court. Why will the FBI go after one and not the other? You may not even have to convict anybody, a couple of perp walks out of the Baltimore show might slow it down a little. >>
I would laugh my ass off if the two coin doc punks that physically threatened Laura were led out of Baltimore show in handcuffs.
It's only a matter of time - if the FBI will get involved in sports cards, you gotta know that coins will come around eventually. >>
What exactly happened there? >>
They got in her face and told her in so many words that if she didn't back off she was gonna get it. One's an occasional forum member here [when it's to his financial advantage to show up], the other is jdhfla's guy.
FBI Involved in Collectibles Doctoring Investigation
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......