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What For The Love Of...[PCGS Certifies Replicas]

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Author Previous TopicReplies: 23 / Views: 2,791Next Topic Page 2 of 2
Rest in Peace
United States
10625 Posts
 Posted 02/20/2021  08:59 am  Show Profile   Bookmark this reply Add dave700x to your friends list
I would never trust a seller from China for any numismatic item for obvious reasons. They (china) have tarnished their reputation by allowing nefarious activities.
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 Posted 02/20/2021  09:11 am  Show Profile   Bookmark this reply Add tdziemia to your friends list

Quote:
Read carefully again tdziemia.


I did read the thread, and I understand what these are. My understanding is that this medal imitates the design of a rare Chinese coin. Maybe I stand guilty of imprecise language in how I conveyed that.

And the rest is my opinion. Slabbing something worth 20 bucks seems like a waste of money. But if there is demand for slabbed, modern base metal medals, then someone will step in to supply that demand.
And I agree with your logic that if other medals are slabbed, why not this.

I sure won't be lining up to buy one
Edited by tdziemia
02/20/2021 09:12 am
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United States
54283 Posts
 Posted 02/20/2021  09:34 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list
It's still a replica coin, thus not allowed on ebay even if PCGS certified.
Show your financial support of the Coin Community Family (click here)
See my topic on Mexican Numismatic Medals (click here)
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 Posted 02/20/2021  10:01 am  Show Profile   Bookmark this reply Add tdziemia to your friends list
I think this goes to @gx's point, that it is technically a medallic representation of a specific coin type, i.e. there are enough differences (no date, etc) to differentiate it from a replica.
Edited by tdziemia
02/20/2021 10:04 am
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Australia
3831 Posts
 Posted 02/20/2021  11:34 am  Show Profile   Bookmark this reply Add gxseries to your friends list
It's not a surprise that threads like this would just annoy Chinese. Zero attempts to understand why restrikes as such are made and just brush them off as cheap stuff.

If anything, I'm more puzzled over how Dan Carr gets away with his replicas even though it's not an official mint product.


My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
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 Posted 02/20/2021  12:59 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list

Quote:
...to understand why restrikes as such are made...


Can you say a few words on that, so we can learn more (@sel also asked to learn a bit more upthread)?


Edited by tdziemia
02/20/2021 1:02 pm
Valued Member
404 Posts
 Posted 02/20/2021  5:10 pm  Show Profile   Bookmark this reply Add norantyki to your friends list
@gxseries - let them annoy, there is something very wrong with this, as the product can be so easily misrepresented. In fact, I would find it disturbing if this thread is truly considered 'annoying,' as western collectors generally took issue with the 'retro-proof' strikes being certified by TPGs... if the Chinese wish to degrade the TPGs as they have their coin market, that is another issue entirely, and one which merits further discussion (peraps by shareholders). My point here is that shisty restrikes that can be easily misinterpreted by newcomers should not be touched by the TPGs, whether they be 1950s KEVIIIs, Retro-proofs or whatever the heck this is. China, I am sorry to say, represents a great disservice to the hobby these days, and this does not help.
Edited by norantyki
02/20/2021 5:12 pm
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 Posted 02/20/2021  5:17 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list
ICG happily grades these copies. Draped Bust dollar: https://www.greatcollections.com/Co...py-ICG-MS-68

Draped Bust quarter:

What-For-The-Love-Of...[PCGS-Certifies-Replicas]

The ICG graded Draped Bust quarter copy was recently sold by a reputable coin dealer in MA. Clearly, they didn't see it as a problem.
Edited by NumisEd
02/20/2021 5:29 pm
Valued Member
404 Posts
 Posted 02/20/2021  5:26 pm  Show Profile   Bookmark this reply Add norantyki to your friends list
@NumisEd - Granted, but that is ICG... I am trying to restrict this discussion to PCGS / NGC, the two 'major TPGs.
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 Posted 02/20/2021  5:38 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list
Well, technically NGC and PCGS are private companies and not an extension of the FBI.
I suppose they are in their right to grade any coin or medal, that is: specify the amount of wear and luster, irrespectively how and where the coin or medal was made.
However, if they grade a copy the slab should clearly mention this.
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 Posted 02/20/2021  5:53 pm  Show Profile   Bookmark this reply Add norantyki to your friends list
@NumisEd - Of course, they are free to do as they please, on the other hand, they position themselves as 'keepers of the hobby,' protecting us, maintaining integrity, etc. You cant't play both ends. If they aggressively start grading any old thing, (as they arguably already do), well, that leaves us in something of a pickle, doesn't it...
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 Posted 02/20/2021  6:17 pm  Show Profile   Check Tanman2001's eBay Listings Bookmark this reply Add Tanman2001 to your friends list
Wait.

Wait, wait, wait.

So, as you guys know... this is an official medal. This will be of interest to some collectors, it's a numismatic item.

So would you rather these be sold raw where they can be easily misrepresented...

or in a PCGS slab where they are properly labeled as a 2019 medal?

Isn't having more of these put in PCGS slabs good? I'm still having trouble wrapping my head around the issue here.
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Australia
3831 Posts
 Posted 02/20/2021  11:09 pm  Show Profile   Bookmark this reply Add gxseries to your friends list
Norantyki - if you want to bash Chinese, this forum is not for racists like yourself. I am not one but am quite offended. This is not entertaining.

While some of the original coins are obtainable, they are often found in poor condition. On average, they are easily hundreds of dollars. High grade condition are extremely rare and they start hitting 4 - 5 figures. Some coins are extremely rare in any condition such as the Kweichow dollar or Chinese Soviet dollar.

Given the technology back then, many had flaws and were often chopmarked, used, abused, meltdown from cultural revolution etc. I see no issues why China mint issued reproduction for a hot Chinese market. These reproductions are easily recognisable as they are struck in proof or matte proof which didn't exist back then.

If reproduction is an issue, perhaps you should take up a fight with the US mint with the Buffalo and mercury bullion. Or even DC mint.

My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
Valued Member
404 Posts
 Posted 02/21/2021  02:30 am  Show Profile   Bookmark this reply Add norantyki to your friends list
@gxseries - I am not bashing the Chinese, I am making statements of fact about the lack of any sort of infrastructure in that country to control the manufacture and sale of fakes and reproductions. In this instance, a reproduction or medal (alternately presented) has made it into a PCGS holder. If the TPGs get sucked into packaging something like this up in the way that they have, that is one of the last hopes for the hobby defending itself gone as it seems that gradually anything will be holdered. (@Tanman2001 - I think that TPGs should steer clear of slabbing a whole bunch of the stuff that they now do, if only to not potentially be the catalyst for a transaction in which someone is sold something that they do not completely understand. I encounter this issue as a dealer with the 'Retro Proof Crown Series' from the UK which NGC certifies).

You can be offended all you want, but the fact of the matter is that the deluge of Chinese fakes is hurting the hobby, simple as. Although in this instance the item is some sort of official medal, my issue is that they are being complicit (in a way) of producing a potentially deceptive product as I can easily see this as being talked up to something a lot more significant than it is by an unscrupulous seller, using the PCGS certification as justification. This particular product just happens to unite the to aforementioned issues.

The only thing offensive here is you calling me a racist - which I am not, nor have I said anything which is not a matter of fact. You should think twice before slandering people, and yes what you have said IS slander. I don't know who you think you are to throw accusations like that around, but in this chain, only you have been personally antagonistic and pushing the discussion in a direction which is 'not entertaining.' Check yourself.
Edited by norantyki
02/21/2021 02:58 am
Valued Member
404 Posts
 Posted 02/21/2021  03:47 am  Show Profile   Bookmark this reply Add norantyki to your friends list
Maybe a moderator / admin can step in here?
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