Suggestion for PCGS
Alltheabove76
Posts: 1,514 ✭✭✭
When a cert number begins appearing on a counterfeit slab PCGS should red flag it in the online cert verification as a "known counterfeit" or something of that nature. And then upon request offer the person who owns the genuine slab a free reholder sumbmission with a new cert number. This will make these coins easier to detect.
0
Comments
My Early Large Cents
<< <i>When the number is entered the screen could say "Possible Counterfeit Slab, if you are the owner of this coin please contact PCGS Customer Service at XXX-XXX-XXX..." >>
And if they had reholdered the coin with a new number they could change that response to "Confirmed Counterfeit Slab".
Not a bad idea.
type2,CCHunter.
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<< <i>The only problem would be that a lot of coins are slabbed for resale and the original owner might not be known and/or someone who bought a counterfeit version sending in theirs and making a big stink over how they know its real and such as people do sometimes as we've all heard those stories before. I think the cert should definitely go in a a possible counterfeit slab and something should be done with the original I just see it turning in to a huge headache for PCGS. I think we should be cracking down on the manufacture and importation of these items and destroying them as fast as they can produce them. >>
It would make it much harder for these items to be moved. Ebay could automatically reject coins with flagged certs and so could auction houses. These slabs are getting too good and this will protect the consumer and PCGS' brand.
My Early Large Cents
For it to be workable, buyers would need to be aware that these are being faked,
and that they should use the cert verification.
Right now the cert verification only guards against random invented cert numbers, and not against copied ones.
It would take some resources to maintain the database of fakes, and PCGS would need to have control of it,
to be sure it would be good quality.
Whether it would be worth these resources depends on whether buyers would use the service,
and how often it would save them from buying a fake.
The response by criminals would likely be to obtain a large quantity of different cert numbers,
and use them, so it would take more time to detect the replicated ones.
Also, with the higher quality counterfeits, it will be harder to detect the fakes.
For now, having volunteers monitor the Mercury 16-Ds and report fakes to ebay is about as good as we can do, I think.
<< <i>I think the battle of counterfeits is like the war on drugs.... We will never win but we will spend millions/billions fighting it. >>
This, +1
<< <i>
<< <i>I think the battle of counterfeits is like the war on drugs.... We will never win but we will spend millions/billions fighting it. >>
This, +1 >>
A person needs to be able to buy a coin in a PCGS slab and know that it is authentic. PCGS has an interest to do everything they can to protect the integrity of their product. That last 16D dime was scary and too close to being perfect.
My Early Large Cents
Suggested PCGS disclaimers for online verification...
Step One (when identified) = "Counterfeits of this slab number are known to exist."
Step Two (after reholder of original coin) = "This is a known counterfeit slab. PCGS has no holdered coins with this certification number."