China numismatic society 1795 $1 MS64!
commoncents123
Posts: 2,648 ✭
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commoncents123
Posts: 2,648 ✭
Comments
The slab lists a 1795 Trade Dollar ("T$1")? Didn't know this was a Trade Dollar.
This is actually a pretty good fake.
<< <i>you're right, they are getting very good....what's scary is that if they can make that slab, what's stopping them from making PCGS slabs? >>
Very scary thought.
This has all the makings of a disaster.
MS64? Bwahaha!
I don't know whether to laugh hysterically or shudder with ominous trepidation. Both, maybe.
Collector since 1976. On the CU forums here since 2001.
<< <i>This has all the makings of a disaster. >>
This begs the question: What does the future hold for slabbing?
The quality of fakes gets better and better, and inevitably it's only a matter of time before these same scammers start creating convincing replicas of respected slabs. Then, you'll see very real-looking fakes in very real-looking holders of respected TPGs...and even careful people will pay strong money for something worthless.
So how will the hobby, and the TPGs, react to this eventual situation?
RFID tags in slabs, maybe? The problem there is that someone has to take the coin to someone who has a tag reader to see if the slab is legit or not.
If the hobby can't address this satisfactorily, a lot of wealth will evaporate as buyers don't believe they can trust *anything*.
bob
edit-Item is in Bejing, but seller is in United States (with feedback of 2)
Proud recipient of two "You Suck" awards
I don't think we need worry about anybody faking "China Numismatic Society" slabs, or anything with the word "China" in it.
It's a shame to admit it, but I have gotten to the point where anything associated with China is automatically suspect.
Except restaurants. Maybe I should be suspicious of many of them, too, but I do love Chinese food. Or what passes as Chinese food in America, anyway. The menu is probably a bit more ... interesting over on that side of the world.
I'm not even 100% certain of the authenticity of my greatest Chinese treasure find, but you have to admit it has interesting "what if" possibilities.
Collector since 1976. On the CU forums here since 2001.
<< <i>Reported to ebay.
bob >>
Ditto
<< <i>Fake slabs (PCGS slabs) have been done before, but I think it was back in the old "rattler" days, wasn't it? >>
Correct! It is only due to a minor difference in a serif on the label that a difference can even be detected.
China has been couterfeiting many things other than slabs. Underwriters Laboratories (UL) is constantly on the lookout for counterfeiting of their mark on electrical devices as it's been happening for years.
<< <i>Has anyone ever thought about buying one of these fakes just for kicks? >>
Conder101 says:
"I try, but so many clueless people did them up as if they were real coins or as i the case of this piece they get reported to eBay and the auction pulled before I can see the piece that I can rarely succeed. (I just can't afford to pay 200 to 400 doloars for common recent fake coins just because they are in a new fly by night or fake slab."
<< <i><< Fake slabs (PCGS slabs) have been done before, but I think it was back in the old "rattler" days, wasn't it? >>
Correct! It is only due to a minor difference in a serif on the label that a difference can even be detected. >>
"Actually there is a major difference in the spacing/placement of the letters that is a much easier diagnostic. See the old thread with all the PCGS slab varieties for pictures and an explaination."
PCGS varieties
<< <i>Has anyone ever thought about buying one of these fakes just for kicks? >>
I tried to buy one to take with me to the ANA but the listing disappeared
<< <i>Has anyone ever thought about buying one of these fakes just for kicks? >>
I bought a bag of 50 fake Trade Dollars about 4 years ago ($150 delivered). I wanted to sse what they looked like and how to spot them. Any body who wants one ($5 Delivered) pm me.
Here's an extreme close up of one.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.