The PCGS Chinese counterfeit problem....
Used to be easy to spot these Chinese counterfeits because the put Morgan on every label, usually CC dollars. I've seen more of these lately that don't have Morgan on the label. Reporting these to eBay is futile. Their AI insists they are genuine....
Comments
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Seems wise to opt for TrueViews on every submission if planning to resell.
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@ Frick Great post. The PCGS number is accurate as to grade type, etc. but the coin listed is clearly not the same coin as the true view. Dealer has five of these!!! And no returns! Fortunately no bids on this "coin"....
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- The coin will look like it was struck yesterday.
- In the meantime, if it is also helpful- the blue color used on the insert is a tad richer than an authentic PCGS insert. Tough to spot right off the bat, yet when you see a few of these you begin to catch on.
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Have they tried to forge the chip yet? Seeing that label has the mark I'd be curious to know.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
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@TopoftheHill said:
@ Frick Great post. The PCGS number is accurate as to grade type, etc. but the coin listed is clearly not the same coin as the true view. Dealer has five of these!!! And no returns! Fortunately no bids on this "coin"....I see these counterfeits every day, and eBay does nothing. Many of these sell for outrageously low bids because somebody thinks the are getting a deal. Not uncommon to see an 1881-CC MS64 sell for $250 Buy It Now....
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Here are several that closed today. Couple of them are even listed as a VG08.
I reported all of them as soon as they were posted, to no avail....https://www.ebay.com/itm/376234744249
https://www.ebay.com/itm/376234736260
https://www.ebay.com/itm/376216727602
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No Morgan on the label, but counterfeit....
https://www.ebay.com/itm/127073680694
This one sold for $99 - Buy It Now
https://www.ebay.com/itm/356711622291
This guy had 14 of these, all the same cert number. Said he got them from his dad who had them 20+ years
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easy to spot counterfeits
the nfc tech is maybe 6-7 years young
ebay will eventually take counterfeits down if there are masses reporting them.
look for ebay counterfeit threads and report. hope many others report too. don't worry if your report is rejected, they can still be removed. they can also be removed after they closed. tho, i wouldn't waste my time starting a report thread on something that's closed a week ago unless we get into a panic over counterfeit gold or something
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions2 -
Auction was taken down and then relisted.
https://www.ebay.com/itm/286574128067bob
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com2 -
Another potential downside of these, is that it could potentially affect the PCGS price guide. If they sell for low and these auctions are included in the averages.
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@AUandAG said:
Auction was taken down and then relisted.
https://www.ebay.com/itm/286574128067bob
Calling it a silver round.
Says he has a total of five...
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@dipset512 said:
Another potential downside of these, is that it could potentially affect the PCGS price guide. If they sell for low and these auctions are included in the averages.I wouldn’t worry too much about the PCGS price guide getting lowered…CPG is a different story, but they don’t take eBay comps into account.
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And my latest post here:
https://forums.collectors.com/discussion/comment/13912302#Comment_13912302
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Anyone come across NGC counterfeits?
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@Frick said:
No Morgan on the label, but counterfeit....https://www.ebay.com/itm/127073680694
Thank you for posting this,as i'd have fallen for it,and fallen hard.
I'm always seeking to learn as much as I can,and how do i know when a Morgan is counterfeit when the PCGS number comes back looking official?
Thanks in advance for your answer,and thank you again for sharing your knowledge
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Have the slab counterfeiters produced a counterfeit PCGS slab with an NFC chip that actually works?
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."----Voltaire2 -
@Frick said:
@TopoftheHill said:
@ Frick Great post. The PCGS number is accurate as to grade type, etc. but the coin listed is clearly not the same coin as the true view. Dealer has five of these!!! And no returns! Fortunately no bids on this "coin"....I see these counterfeits every day, and eBay does nothing. Many of these sell for outrageously low bids because somebody thinks they are getting a deal. Not uncommon to see an 1881-CC MS64 sell for $250 Buy It Now....
Or the crap is destined to be resold by the ebay buyer for a handsome profit to some unsuspecting collector. The fake slab is the lipstick on a pig. The pig is still a pig at the end of the day.
"Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
-Albert Einstein-Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.
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Small wonder I do not collect Morgan (or Peace) Dollars.
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@erscolo said:
Small wonder I do not collect Morgan (or Peace) Dollars.There’s no good reason to single out Morgan and Peace dollars. If you’re going to avoid collecting coins that are counterfeited, other than very low value items, you won’t have very many choices.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
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@PerryHall said:
Have the slab counterfeiters produced a counterfeit PCGS slab with an NFC chip that actually works?Not yet seen...
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@PerryHall said:
Have the slab counterfeiters produced a counterfeit PCGS slab with an NFC chip that actually works?here was someone on here that reported the nfc chip brought up the cert page, but the green banner saying it's been verified was missing
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions2 -
Description:
"Photos say it all.Get the American money for your collection.
Been graded PCGS MS64
I have a total of 5 if interested in all let me know.
New !!!!
I think the eagle is off set /angel
Don’t know how to say it."
Many happy BST transactions0 -
98.3 feedback says it all.
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@MsMorrisine said:
@PerryHall said:
Have the slab counterfeiters produced a counterfeit PCGS slab with an NFC chip that actually works?here was someone on here that reported the nfc chip brought up the cert page, but the green banner saying it's been verified was missing
Was it this post?
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it was long before that one
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions0 -
Apparently the seller has more than one of these....
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It is unfortunate that eBay allows this; actually it is criminal. Seller apparently ended it after my message to him; was over $3K at the time...
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@burfle23 said:
It is unfortunate that eBay allows this; actually it is criminal. Seller apparently ended it after my message to him; was over $3K at the time...They seem to have gotten the message.
Proud follower of Christ! I love the USA! Land of the Bright and Beautiful! 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
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Who did?
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Almost always a CC fake. First time I've seen this date....
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PCGS 1893-CC MS63 CAC. This one is so bad, it's almost laughable
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@Frick said:
PCGS 1893-CC MS63 CAC. This one is so bad, it's almost laughablethere's your fake cac sticker
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions2 -
Pretty sure this is a fake. I've seen this certification number used before. Looks nothing like the coin on the certification page.
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Is that a Gold CAC sticker ??!!
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colors look different with light angles, but it doesn't matter. if the fake one they may as well fake both
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions1
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