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Good Job to PCGS

A while back (April), I bought a 1916-D Dime XF-40. It was in a PCGS holder. The transaction was based on a purchase on ebay. When I received it, something didn't look right. After spending a lot of money (for me), I sent it to pcgs to make sure it was real. Unfortunately, it was not - neither was the holder. They sent it back to me and etched "FAKE" on the slab. I sincerely appreciated their effort to protect me and, ultimately more important, the hobby.

I got a call this morning from an unknown number. When I checked my voicemail, it was an agent from the United States Secret Service. We had a great discussion. I gave him all the information of the ebay seller - addresses, paypal info, email.... The agent is working diligently to take this guy down.

I am impressed with pcgs taking this seriously. This protects the hobby and makes the community a more trustworthy place. Although taking one person down will not protect against fakes, it sends a loud, clear message.

Comments

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    JulioJulio Posts: 2,501 ✭
    image. Take care. jws
    image
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    SwampboySwampboy Posts: 13,278 ✭✭✭✭✭
    Sorry you got burnt NewParadigm.
    Perhaps you could donate the bogus slab to the ANA for their counterfeit detection classes.

    "Inspiration exists, but it has to find you working" Pablo Picasso

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    LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭


    << <i> it sends a loud, clear message. >>



    yep

    to the american people

    and that message is as follows:

    regardless of how many people we lock up, we will need to increase tax rates and/or allocate significant portions of current

    tax dollars to accommodate the need to build more prisons to house the ever-increasing number of

    serious offenders where punishments are only befitted by issuing sentences with a minimum of 10-20 years

    and to fund the payroll for employees traveling from other states with little to no training and anyone willing may apply

    and most likely get the job, including but not excluded to 85 pound women and teens whom would be blown over if a stiff

    breeze were to blow the wrong way with duties including but not excluded to monitoring prisoners in confined environments

    where the inmates outnumber the guards 75 to 1, and most of these funds being procured from tax monies collected from the american people

    whom work hard for their money will ultimately be used to pay over-inflated committee member's salaries and bonuses leaving scarcely enough

    to build efficient, low maintenance, self sustaining facilities with salaries commensurate with the job risk with little to no health benefits as well as,

    i will not go on
    .
    awesome message indeed
    .

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

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    DoubleEagle59DoubleEagle59 Posts: 8,433 ✭✭✭✭✭
    Great work PCGS and to you NPara!!

    Throw the book at these crooks.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
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    LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭


    << <i> The agent is working diligently to take this guy down. >>



    a very strong presumption the seller even knew

    let alone the fact they would inform you/tip you off that the seller is on their radar

    without having first verified you were not part of the scheme IF in fact the seller was part of a possible scheme
    .
    interesting reading to be sure
    .

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Timbuk3
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    MikeInFLMikeInFL Posts: 10,192 ✭✭✭✭


    << <i>

    << <i> it sends a loud, clear message. >>



    yep

    to the american people

    and that message is as follows:

    ...

    i will not go on >>



    Promise? image
    Collector of Large Cents, US Type, and modern pocket change.
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    goldengolden Posts: 10,565 ✭✭✭✭✭
    Hope that they get him.
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    It is scary out there. I've stopped buying certain coins (a long list) from unknown sellers. There are too many fakes including: fake raw coins, fake coins in fake slabs, real coins in fake slabs at a higher grade. These fakes are flowing into all selling channels. Venue alone is no longer any protection. The guy that buys the fake online might pass it at a local club auction, or bid board, or local flea market, and vice-versa.

    It may well be that the seller of the fake bought it from some other source and was another victim in the game of hot potato. I'm sure that more than a few that buy a fake, try pass the fake, until someone gets stuck. I would guess that there are millions of dollars in value of fakes being moved every month on Ebay. Like, I said it is scary out there. Some venues have worse odds than others.


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    LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭


    << <i>Promise? image >>



    i promise to not go on

    BUT

    i do not promise if my fingers are crossed or not :-P
    .

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

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    commacomma Posts: 1,572 ✭✭✭
    Was the guy selling more than one? Are you sure he knew what he was selling? haha...he might not have any clue what's going on if the FBI shows up at his front door image
    (I for one probably wouldn't be able to tell a fake slab...)

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    KAJ1KAJ1 Posts: 777 ✭✭✭
    Do you have a picture of the fake slab?
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    notwilightnotwilight Posts: 12,864 ✭✭✭
    What does ebay/paypal say in these cases?

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