Have there been any counterfeit CAC-stickered slabs yet?
kiyote
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I'm still looking for a good Trade Dollar and CAC seems like one more layer of protection...
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
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<< <i>I'm still looking for a good Trade Dollar and CAC seems like one more layer of protection... >>
I doubt anyone would bother to fake CAC stickers since one can easily go to the CAC web site and check the slab serial number to verify that CAC stickered the coin.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
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<< <i>I'm still looking for a good Trade Dollar and CAC seems like one more layer of protection... >>
I doubt anyone would bother to fake CAC stickers since one can easily go to the CAC web site and check the slab serial number to verify that CAC stickered the coin. >>
What is the difference when someone punches in the pcgs or ngc cert, same thing except you might get lucky and see a photo. Unortuantely CAC doesn't take photos. So please explain why someone wouldn't copy a cac sticker to make more money and lend more assurance on a coin? >>
Not sure I understand your question. The CAC web site has a look-up feature where you can input the slab serial number to verify that coin was indeed CAC stickered. Unless someone counterfeited the entire slab and label, it should be easy to verify that this specific slab was stickered by CAC.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
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<< <i>I'm still looking for a good Trade Dollar and CAC seems like one more layer of protection... >>
I doubt anyone would bother to fake CAC stickers since one can easily go to the CAC web site and check the slab serial number to verify that CAC stickered the coin. >>
What is the difference when someone punches in the pcgs or ngc cert, same thing except you might get lucky and see a photo. Unortuantely CAC doesn't take photos. So please explain why someone wouldn't copy a cac sticker to make more money and lend more assurance on a coin? >>
Not sure I understand your question. The CAC web site has a look-up feature where you can input the slab serial number to verify that coin was indeed CAC stickered. Unless someone counterfeited the entire slab and label, it should be easy to verify that this specific slab was stickered by CAC. >>
I do believe your latter situation is mission specific to the OP.
Whichever it is, both seem impractical. The CAC stickers do not command a premium that would make them worth counterfeiting.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Whichever it is, both seem impractical. The CAC stickers do not command a premium that would make them worth counterfeiting. >>
I think I'll have to disagree. With the advent of CAC stickers people are much more willing to buy simply because they see the green. A lot of new collectors might be told to look for the green if they want that extra "layer of protection" and they may not readily recognize counterfeit slabs. I can see this becoming a huge problem on eBay if the seller has blurry photos. Guilty as charged, I'd feel comfortable buying a CAC'd slab from blurry photos crossing my fingers for a score.
Just what I have seen. Again, I'm not saying it's correct, but that is the reality of these stickers in the resale market.
<< <i>I think I misunderstood the question. I thought the OP was asking about counterfeit CAC stickers being put on slabs that were lacking the CAC sticker. >>
Why do that when you can use the real thing?
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<< <i>I think I misunderstood the question. I thought the OP was asking about counterfeit CAC stickers being put on slabs that were lacking the CAC sticker. >>
Why do that when you can use the real thing? >>
Most coins won't qualify. Also, it costs money and time to get coins CAC stickered.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>I think I misunderstood the question. I thought the OP was asking about counterfeit CAC stickers being put on slabs that were lacking the CAC sticker. >>
And as the OP I'm not even sure what I was asking but that sounds close.
Lance.
unless they want to raise red flags around their operation. While people routinely expect to see lower end coins in top tier holders, you don't quite expect to see a pile of low end
stickered coins with any one seller. I don't think this is worth the extra effort or risk to a counterfeiter. The less red flags they waive the better the odds they won't get caught.
Maybe I'm wrong but I would think most people that are looking to buy CAC coins already can tell if they are nice for the grade.
<< <i>Most CAC coins will get a decent once over by a fairly decent grader before making their way to an end user. A counterfeiter better be putting decently graded coins into the holders
unless they want to raise red flags around their operation. While people routinely expect to see lower end coins in top tier holders, you don't quite expect to see a pile of low end
stickered coins with any one seller. I don't think this is worth the extra effort or risk to a counterfeiter. The less red flags they waive the better the odds they won't get caught.
Maybe I'm wrong but I would think most people that are looking to buy CAC coins already can tell if they are nice for the grade. >>
Assuming the counterfeiter is smarter than the average bear, if one was counterfeiting a slab and a coin that is already in the CAC pop reports, why not just send it back to be restickered? No real need to try to fake a green bean with so many real ones out there. Of course just make sure the coin measures up.
Sending a counterfeit slab and different coin back to JA? That's inviting the kind of attention a counterfeiter doesn't need. JA has seen more slabs than 99% of the collectors and
dealers out there. I would think if a counterfeiter is that good, and they are putting a solid coin worth all the money in a fake holder.....why even bother? Just became a TPG
grader or crack out artist. All the skills are already in place.
<< <i>Assuming the counterfeiter is smarter than the average bear, if one was counterfeiting a slab and a coin that is already in the CAC pop reports, why not just send it back to be restickered? No real need to try to fake a green bean with so many real ones out there. Of course just make sure the coin measures up.
Sending a counterfeit slab and different coin back to JA? That's inviting the kind of attention a counterfeiter doesn't need. JA has seen more slabs than 99% of the collectors and
dealers out there. I would think if a counterfeiter is that good, and they are putting a solid coin worth all the money in a fake holder.....why even bother? Just became a TPG
grader or crack out artist. All the skills are already in place. >>
As long as it is in the database does JA even look at reholders?
<< <i> As long as it is in the database does JA even look at reholders? >>
Since we're talking about trying to slip a coin buy them, I would suspect that someone checks the quality of the coin and the holder to ensure things look legit.
If they aren't doing it now....they soon will be.
Again, I wouldn't send JA a counterfeited holder/insert just to try and slip a marginal coin by them. I'd be surprised if JA's regrade/reholder business is all that brisk.
Even more reason those coins might get looked at fairly close.
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<< <i> As long as it is in the database does JA even look at reholders? >>
Since we're talking about trying to slip a coin buy them, I would suspect that someone checks the quality of the coin and the holder to ensure things look legit.
If they aren't doing it now....they soon will be.
Again, I wouldn't send JA a counterfeited holder/insert just to try and slip a marginal coin by them. I'd be surprised if JA's regrade/reholder business is all that brisk.
Even more reason those coins might get looked at fairly close. >>
CAC only restickers. My error on the reholder.