Update: Paris office delays... PCGS secure plus fake or real slab?

LochNESS

There's a PCGS Secure Plus slab on eBay right now that looks like the real deal. However, the Cert # yeilds zero results on PCGS.com. Also, even more troubling, the Pop Report category # (the six digit number on the left half of the barcode) yeilds zero results. When I am logged into PCGS.com, I do not see this coin in the pop report.

WHAT WOULD YOU DO???

To bid or not to bid, that is the question!

candy2012mustang

Stay as FAR AWAY AS POSSIBLE lol

LochNESS

Was hoping PCGS was experiencing glitches

7Jaguars

Not too sure if these are immediately registered??

LochNESS

Yes I thought that too at first. Impossible to know for certain but, they have already received the slab + photographed + uploaded to eBay auction ... Typically by then PCGS has Cert # online for verification. No?

1960NYGiants

Point out the item to our hosts. They should be able to tell rather quickly if real or not.

LochNESS

Great suggestion. Thanks! Emailed. Waiting for reply. Sent one last year of similar nature, never got a response. Hopefully this one will come before the auction ends.

LochNESS

Bumping for a little PSA ...

The eBay seller / owner of the slab in question claims that all their slabs go through the Paris office. He said he contacted PCGS and they responded that Paris slabs sometimes have a delay before entering the website system.

Anyone ever experienced these issues with the Paris office?

mudskippie

link to ebay auction?

3Mark

<< <i>Bumping for a little PSA ...

The eBay seller / owner of the slab in question claims that all their slabs go through the Paris office. He said he contacted PCGS and they responded that Paris slabs sometimes have a delay before entering the website system.

Anyone ever experienced these issues with the Paris office? >>



Yes they are very slow posting. They also have new labels in Paris (blue fading to white). Who is the seller?

3Mark

LochNESS

<< <i>link to ebay auction? >>


Not that it matters, but here is the linky. It's nearly up to USD $300.


<< <i>Who is the seller? >>


Pater Münzen und Medaillen GmbH (of Germany). They are reputable. I never suspected them of foul play. Rather, I figured they had no idea - and I was right. When I contacted them, they were taken by complete surprise. Apparently not all sellers check their slabs upon arrival from PCGS (or at the moment of listing for sale).

3Mark

<< <i>

<< <i>link to ebay auction? >>


Not that it matters, but here is the linky. It's nearly up to USD $300.


<< <i>Who is the seller? >>


Pater Münzen und Medaillen GmbH (of Germany). They are reputable. I never suspected them of foul play. Rather, I figured they had no idea - and I was right. When I contacted them, they were taken by complete surprise. Apparently not all sellers check their slabs upon arrival from PCGS (or at the moment of listing for sale). >>



Since I know Jochen Pater personally, I will withhold comment, but he has over 17 thousand feedbacks and owns part of WAG online auctions and MA auctions and wonder why you would think that he would put up a fake PCGS slab. BTW, just won one of his auctions for one of the new slabs from Paris (Friday).

3Mark

SYRACUSIAN

<< <i>

Yes they are very slow posting. They also have new labels in Paris (blue fading to white). Who is the seller?

3Mark >>





I agree with 3Mark on this coin, extremely unlikely to be fake. And a very nice coin, shame that it's a pattern.


Indeed they are very slow posting, but they are super quick in the turnarounds. Volume of submissions has increased geometrically,
and they have now set up their European Collector's Club, even though they have yet to figure out a cheaper return shipping method.
Regardless of the Tier, so far, turnaround is between 5-25 days.
German authorized dealers often submit their coins, and do not leave Paris until they get them back certified , 3-4 days later.
Economy submissions included in the above mentioned turnaround.
Clearly ,they submit right before the graders arrive from the US, but this might change during the next year

Also, PCGS Europe, is to my knowledge, the only way to have one or a few coins pedigreed to one's name,
without the requirement of a very important collection, and a big number of coins. 90-100 euros per coin will suffice.



Pedigreed Greek 50 lepta 1874 PCGS SP65


edited to add: I've just remember that ajaan had pedigreed his VIP proof halfpennies at NGC, but I don't think that they'd still do it today.

3Mark

<< <i>

<< <i>

Yes they are very slow posting. They also have new labels in Paris (blue fading to white). Who is the seller?

3Mark >>





I agree with 3Mark on this coin, extremely unlikely to be fake. And a very nice coin, shame that it's a pattern.


Indeed they are very slow posting, but they are super quick in the turnarounds. Volume of submissions has increased geometrically,
and they have now set up their European Collector's Club, even though they have yet to figure out a cheaper return shipping method.
Regardless of the Tier, so far, turnaround is between 5-25 days.
German authorized dealers often submit their coins, and do not leave Paris until they get them back certified , 3-4 days later.
Economy submissions included in the above mentioned turnaround.
Clearly ,they submit right before the graders arrive from the US, but this might change during the next year

Also, PCGS Europe, is to my knowledge, the only way to have one or a few coins pedigreed to one's name,
without the requirement of a very important collection, and a big number of coins. 90-100 euros per coin will suffice.



Pedigreed Greek 50 lepta 1874 PCGS SP65


edited to add: I've just remember that ajaan had pedigreed his VIP proof halfpennies at NGC, but I don't think that they'd still do it today. >>






They usually send them with their flunkies They do get them back in a few days.

Larry

LochNESS

I guess I need to reiterate my previous statements that the coin appears to be real (OP), the dealer is reputable, and that I never suspected the dealer of foul play ... Surely you can imagine how a dealer of such high volume might pass a bad slab unknowingly. Anyway the real issue is that PCGS exported the slabs before uploading data. What good is Cert Verification if not all slabs are entered into the system? Kind of makes the Cert #s pointless if slabs are on auction block before authenticity can be verified.