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Counterfeit Key Date coins in Counterfeit PCGS Slabs: PART 2
braddick
Posts: 24,773 ✭✭✭✭✭
For awhile it was just fake Trade dollars and Morgans in bogus PCGS slabs but it appears another wave is coming.
Check these out:
Check these out:
peacockcoins
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Comments
<< <i>Out of curiosity, where are you getting these? >>
What i would like to know. And how are you the first to know about these?
First it was the "lowball" set, he was swooping up P-01 and F-02 things back before anyone thought anything about them.
Then it was the Cherrios Sac dollars. Pat was buying those things on ebay when they were going for less than 40 bucks a piece.
Then those colourful coins, same thing.
I see a day in the not too distant future when having a counterfeit 7070 set or counterfeit registry set will be bragging rights at beer night!
<< <i>Out of curiosity, where are you getting these? >>
These are not my coins. I've had a fascination with counterfeits since I was a kid and my "investigation" within the last few years had led me to some interesting sources for these.
Wave 3, IMHO, will be enhancing the quality of workmanship in the plastic and the insert and possibly the coins themselves.
It's no longer, "if", but "when".
peacockcoins
As for the coins, one lucrative game might be to buy lower grade coins and put them in with a higher grade label, and use low quality pics. There are plenty of online folks willing to buy the grade on the holder.
<< <i>That copper doesn't look good at all, nevermind the slab. >>
Agreed. Fully Red prooflike 200 year old copper in an XF slab, who do they think that's gonna fool?
<< <i>Seeing a blazing red large cent in an XF holder should be a tip-off for most people. >>
True. I wonder how long it will take for the technology to catch up for the counterfeit insert to state MS64 RD instead of XF40.
peacockcoins
<< <i>The font is off. >>
I wouldn't count on this to protect anyone. It is a relatively simple task to get the fonts, the bar code, the hologram, the dimensions of the holder, to a high enough quality level that no one can tell from an online image.
There is a long and growing list of coins, raw or certified, that I won't buy online from unknown sellers. The fake coins and fake slabs are getting better and better.
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
Hopefully the perpetrators will be apprehended soon
and prosecuted to the fullest extent allowable by Law.
Most collectors would easily be fooled by this scourge.