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Should dealers be able to sell counterfits on PCGS'Collector Corner?
Coins911
Posts: 538
See this link the dealer claim its counterfit but still should they be able to sell counterfit on a PCGS own website. Am i missing something here?
Link to Counterfit Coin
Link to Counterfit Coin
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Comments
alot of people collect that stuff,
I sold a 69 bug sight unseen to a guy in west LA a year or so back
he was really weird, and asked over the phone and in emails if the
numbers and VINs were correct and this and that was right, did'nt
even care what it looked liked or how it ran, MADE ME think what
kind of scam this guy was pulling, (the bug needed a rear moter
seal and looked like its age and then some) and was stated so in
the AD, I ALMOST cancelled the sale untill he told me IT was gonna
be turned into a 1955 Porche James Dean Kitcar.
Steve
Now if it was a copy made in the mid-1800's, some of the copper people would be all over it.
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
Eric
<< <i>What is wrong with collecting known counterfeits? >>
Technically it is illegal to own them although in this case, with a pre-1792 non-federal issue, you might not have a problem. Never the less the Secret Service can hassle you for owning counterfeits if they decide to do so.
I am a supporter of the Hobby Protection Act. Given that I’m not a fan of offerings like this, but then again I’m not a potential customer either. After owning only Gallery Mint item that did nothing for me, I decided that I won’t collect copies of the real thing. If I can’t own the real thing, I’ll pass.
I knew it would happen.
<< <i>So as long as the fact that it is a counterfeit is revealed, what's the problem with allowing it? I think counterfeit and altered coins make excellent learning materials provided that they are priced fairly. >>
They might indentified as counterfeit on this listing, but if it does not say "COPY" on the piece, who knows how it will be listed later?
<< <i>
<< <i>So as long as the fact that it is a counterfeit is revealed, what's the problem with allowing it? I think counterfeit and altered coins make excellent learning materials provided that they are priced fairly. >>
They might indentified as counterfeit on this listing, but if it does not say "COPY" on the piece, who knows how it will be listed later? >>
All coins can be misrepresented during a future sale. A business strike can be polished and sold as a proof, a silver dollar can be misattributed as a rare VAM, a tooled or cleaned coin can be sold as being problem free, an AU58 can be listed as an MS65, etc. The possibility of misrepresenting a coin, real or fake, in a future sale are endless.
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