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PCI for Authenticity?

al410al410 Posts: 2,402 ✭✭✭✭
I am not concerned about there grading, but would you feel comfortable with buying a coin in there holder with it being authentic?


AL

Comments

  • AUandAGAUandAG Posts: 24,929 ✭✭✭✭✭
    In my opinion it would depend on the coin I was considering. If it's one that is often seen in a
    counterfeit, then I'd pass. If it's not a commonly counterfeited coin then I'd say your are more
    than likely getting the real deal. Others might offer the exact opposite thinking as one that is
    commonly seen in a counterfeit stage would be easier to detect and less common ones would
    be harder to determine.

    Oh my, guess that covers it!
    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • BarryBarry Posts: 10,100 ✭✭✭
    Do they offer a guarantee for authenticity? If the answer is no, what good is their opinion?
  • RussRuss Posts: 48,514 ✭✭✭
    I would not trust PCI gold label for authenticity.

    Russ, NCNE
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    I'd trust PCGS, NGC or ANACs for authenticity.

    image
    Ed
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>I'd trust PCGS, NGC or ANACs for authenticity. >>



    I'd also trust ICG.

    Russ, NCNE
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>I'd trust PCGS, NGC or ANACs for authenticity. >>

    I'd say ICG, too. J.P. Martin is one of the best there is at authentication.
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    Yes... ICG is good too image

    The rest for the most part are plastic holders.
    Ed
  • JoeLewisJoeLewis Posts: 1,911 ✭✭✭✭
    If you are looking at one of Ernie's (or ebwcoin) auctions, then I would say it's most likely a genuine coin.
  • PerryHallPerryHall Posts: 46,806 ✭✭✭✭✭
    Treat coins in third tier slabs as if they are raw. PCI is a third tier slab.

    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

  • crispycrispy Posts: 792 ✭✭✭
    So as SEGS is considered to be a third tier grading company, it would follow that their authentication is questionable as well?
    "to you, a hero is some kind of weird sandwich..."
  • clarkbar04clarkbar04 Posts: 4,979 ✭✭✭✭✭
    From what I've seen SEGS is pretty decent with respect to grading, no idea about authenticity.
    MS66 taste on an MS63 budget.
  • lathmachlathmach Posts: 4,720


    << <i>So as SEGS is considered to be a third tier grading company, it would follow that their authentication is questionable as well? >>




    No.
    Anyone that critizes this response is challenged to show even one example of a fake in a SEGS slab.
    Larry Briggs is one of the most knowledgeable numismatics around.
    In addition, Bob and Cindy Grellman attribute the early copper, and are acknowledged professionals in that field.
    If you want accurate variety attribution, this is the service to send your coins to.
    There are those that feel that SEGS overgrades. This may be so.

    Ray
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>If you are looking at one of Ernie's (or ebwcoin) auctions, then I would say it's most likely a genuine coin. >>



    Most likely?
  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭
    lathmach-Couldn't agree with your statements more-except for the overgrading part. He's UNDERgraded quite a few of my coins-many have been graded at PCGS at the same grade or better-after cracking them out. I'm sure there would be built-in bias if I tried to cross them.
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>lathmach-Couldn't agree with your statements more-except for the overgrading part. He's UNDERgraded quite a few of my coins-many have been graded at PCGS at the same grade or better-after cracking them out. I'm sure there would be built-in bias if I tried to cross them. >>



    Can't speak to your specific experience, but based on what I've seen and the overall market acceptance of SEGs, I would say your view is very much in the minority.
  • crispycrispy Posts: 792 ✭✭✭


    << <i>

    << <i>If you are looking at one of Ernie's (or ebwcoin) auctions, then I would say it's most likely a genuine coin. >>



    Most likely? >>




    Interesting that this came up. I was considering a Nova in one of his auctions but decided to pass because of its PCI slab. I'm NOT IN ANY WAY questioning this seller's integrity. That I would like to make clear. What held me back was the PCI slab (which was gold bordered) and having dredged up this thread to get some opinions.
    "to you, a hero is some kind of weird sandwich..."
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>I'm NOT IN ANY WAY questioning this seller's integrity. >>



    Nor was I. I just thought that was a fairly tepid endorsement of a coin's authenticity.

  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    image Look like NGC. image


    Hoard the keys.
  • ShortgapbobShortgapbob Posts: 2,332 ✭✭✭
    I hate to say it, but I know that PCI has graded at least five Chain Cents that were Gallery Mint copies worn down to look like the real thing. So, always be cautious, especially with tougher coins.
    "It is the mark of an educated mind to be able to entertain a thought without accepting it." -- Aristotle

    For a large selection of U.S. Coins & Currency, visit The Reeded Edge's online webstore at the link below.

    The Reeded Edge
  • PerryHallPerryHall Posts: 46,806 ✭✭✭✭✭


    << <i>So as SEGS is considered to be a third tier grading company, it would follow that their authentication is questionable as well? >>



    I always considered SEGS as second tier. At least they try to get it right.

    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

  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>I always considered SEGS as second tier. At least they try to get it right. >>

    Agreed. I consider them to be a "legitimate" service as opposed to one which only exists to give out ultragrades like candy for unscrupulous sellers to peddle to the numismatically ignorant. But in terms of grading and such I think they're a little bit behind the majors but light years ahead of the NTC and SGSs of the world.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Look at ALL coins in your interest band, personally assess them, evaluate the price/grade offering, make your decision!! Plastic is secondary, know your coins and grading. If an individual is purchasing plastic, then they are an 'accumulator' or speculator... a true hobbyist will learn his field. Cheers, RickO

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