Disturbing report from local coin show this weekend...

BIGBEN7

I went to a local show this weekend and was told by several dealers to be careful of fake pcgs slabs. I was looking at purchasing 1909 s vdb and was told by several dealers there are fake pcgs slabs with this coin. If this is true it is not good for this hobby. How can you tell if a pcgs slab is fake?

rawteam1

u can verify slabs on their website, put in certfication number & it will verify coin

MWallace

The problem is the counterfeiters are also looking up Cert #'s and using them on the fake slabs.

kaz

That's exactly right. Here is a link to a gallery of fakes assembled by an eBay anti-counterfeiting group: http://www.flickr.com/photos/coinforgeryebay/

jdimmick

Your not going to be able to do that? As mentioned , they use fake numbers that show as real coins.

About two months ago, one of the club members brought in a 93-cc Ms-62 Morgan they had purchased on e-bay, it was fake. Off all the folks in the room, many who have been collecting for years could not tell it was bad, the only two were myself and another longtime dealer. Also It wasnt the slab that tipped me off it was the coins diagnostics!!! then it got me looking closer .

piecesofme

BUMP FOR THE VIDEO! I'm a Steelers fan during FB season, and a White Sox fan during BB season. 2005 was a GREAT year!

As to the topic, I truly believe there re alot more fake coins in fake holders out there than alot of us want to believe. China has ruined the hobby, and until something is done about it by the big 2, there will be just that many more put into the hobby.
You really have to know your diagnostics as jdimmick was saying, and even then, get another opinion.