PCGS grades contemporary counterfeit currency...why not coins?

STONE

To me this is just a matter of fair-ness and balance between the two types of monies and grading services.
Then again, I am not a currency guy and don't know the acceptance of counterfeit currency's history with
respect to the grading services, and how they perceive the worth of counterfeit currency for grading.

I'm sure several of us will point out such pieces as Micro "o" Morgan dollars, and the occasionaly gold coin
slipping through the cracks at PCGS (among other counterfeits/altered coins), but these coins are not
labeled as such on the holder.

Below I present an example of a contemporary counterfeit colonial currency note.

And I ask you for your opinion on this matter - would you find it acceptable that PCGS grades contemporary
counterfeit coins?

Greeniejr

PCGS and PCGS Currency are in no way related anymore. They are 2 independent companies.

STONE

<< <i>PCGS and PCGS Currency are in no way related anymore. They are 2 independent companies. >>


Well, that makes a large difference then!

COALPORTER

I wonder if counterfeit contemporary currency was a direct copy of something,
or was is just made up worthless paper?

astrorat

Authenticated as a counterfeit?

LanceNewmanOCC

<< <i>Authenticated as a counterfeit? >>


lol
.

joebb21

The selling of counterfeits for $$$ I would think encourages more counterfeits to be attempted. Now, you don't have to make a copy that looks like a perfect original coin (or currency) you only have to get it to be the same quality as the knockoff.

this is a dangerous slope.

Treashunt

<< <i>Authenticated as a counterfeit? >>



yes, it is a genuine fake.

or a genuine copy.

Then if someone copies it, is it a genuine copy of a fake?

ricko

Perhaps the direction of this conversation is why they do not grade counterfeits....Cheers, RickO

MrEureka

Part of the problem is that the graders are unlikely to be expert in determining when a fake was made. Yes, many are obvious, but many are not. Perhaps a good place to start would be the bogus bustiers, which are well documented and widely collected.