Does PCGS made a mistakes?
brendanlam
Posts: 662 ✭✭✭
I just come across upcoming auction from Stack's Bowers HongKong and noticed that fake coins graded by PCGS. The reason I said it FAKE because I check with my friends and saw couples auctions on eBay listed the same coin. (MAYBE IM WRONG) I just want to know has PCGS ever made mistakes grading fake coin before or not? Thank you
1945 vietnam 20xu
1945 vietnam 20xu
0
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Do you have a link to the eBay auction?
ebay link
Here are the TrueViews for lot 81093. It's interesting that 33519356 appears to have lathe lines.
PCGS 33519356
PCGS 33519357
PCGS 33519358
Most likely the eBay auction is bogus with photos of coins they don't actually have to sell. Then,they never ship or 'accidentally' ship the 'wrong' item and while you are trying to work things out withdraw the cash and disappear. Leaving eBay holding the bag.
Then they open a new account and do it all over again. Sometimes the bad guys will do a month's worth of legit tiny transactions to make the eBay account look real.
ANA 50 year/Life Member (now "Emeritus")
I have second coin bought from eBay while back for a record.
Coin Club Benefit auctions ..... View the Lots
To me the 20 Xu on top (33519356) looks suspicious based on the fact that "it's too good to be true." Brendanlam, do you know how many die pairs are known for the 1945 20 Xu? The two in the Stack's auction are clearly different in many ways. What's interesting is that the PCGS grader handled both of the 1945 20 Xu coins at the same time. They are both attributed as Lec-1, but the diagnostics are dramatically different.
Based on the record my friends( in Vietnam ) had there is only 1 die type and it is the FIRST coin Vietnam ever made. Since 1945 Vietnam just about to become independent but still at war. They didn't have high tech equips to punch out those coin and aluminum in poor quality and humidity made it corrosion. That's why UNC worth a lot.
And here is nice sample from HA.com
real coin
And here is nice sample from HA.com
real coin
Nice die cracks on that one. Sold for $1,938.75 on Jan 31, 2013.
Pcgs certified a coin they believe is real and stacks is selling it.
ebay has some of the same types of coin but are not certified by pcgs.
Why are we questioning the stacks pcgs coins?
What am I missing here.
Pcgs certified a coin they believe is real and stacks is selling it.
ebay has some of the same types of coin but are not certified by pcgs.
Why are we questioning the stacks pcgs coins?
Not sure, I had the same question.
What am I missing here.
Pcgs certified a coin they believe is real and stacks is selling it.
ebay has some of the same types of coin but are not certified by pcgs.
Why are we questioning the stacks pcgs coins?
Not sure, I had the same question.
1. Both 1945 Vietnam 20xu are fake (IMO). Please compare real coin from HA.com link above and you can tell the differ.
2. If it's real, since both coins look different, PCGS shouldn't has list the same.
3. Go back to my orginal question " does PCGS ever made mistakes grading fake coin?
Even by looking at the one picture or multiple from heritage I would not be able to tell real vs counterfeit having never seen such a coin before
Brendanlam is correct that there are serious questions about the two coins in the Stack's lot. PCGS and Stack's Bowers will want to get involved at this point.
While we assume that there is only one known die pair for this issue, I doubt that to be the case. After reviewing photos of other genuine examples, I do see some subtle differences, but they all have the same fabric. Note that most examples show die fatigue (flow lines) and die breaks, not to mention degradation of the surfaces. But looking at relative positioning of the design elements, both of the coins in the Stack's Bowers sale are far off from previously documented examples. The reeding on the second coin is cartoon'ish compared to others.
Even the two coins in the current Stack's Bower sale are dramatically different. For example, look at both coins and compare the "X" in "XU" and the size/orientation of the "0" in "20." Also, look at the star shape. The coins are clearly not of the same origin. That being said, perhaps there really is more than one die pair and the dies were prepared by different die makers.
I just do not know, since I rarely handle Vietnamese coins, and I have never handled this particular coin. My opinions are technically that of an amateur. Anything is possible, including a new die variety, and I know that the professionals at Stack's Bowers and PCGS can shed light on the issue. I would really like to know the outcome.