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 Replies: 26 / Views: 3,032 |
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Pillar of the Community
Canada
6244 Posts |
The PCGS has a office in China, and worst in California majority of employees are from. 1 Year after they open in China the market has been flued with fake slabs and stickers (all manufactured in China in Shanghai). the PCGS do not take steps for, just post on Web about some fake. The main money for them comes from. I worked against the copies, fake and etc. and stop to be in service for PCGS from 3 years ago. I never buy an coin with PCGS slab. I thing Not buying theirs slabs, and not send for grad, will make them to move against.
At the base it is not a bad company, but now is infiltrated by those junks.
Edited by silviosi
08/05/2022 6:30 pm
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Valued Member
United States
425 Posts |
I don't know but if I was PCGS I would consider putting money into trying to tackle the fakes on the market. Maybe they won't do anything till they start seeing their popularity decline and people stop paying for their slabs. There has to be a way to make it where they can't counterfeit their slab technology.
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Valued Member
United States
94 Posts |
I'm sure he knows it's a fake.
It's interesting there are faked hologram stickers. It would be easy for PCGS to note a coin has counterfeits on the site if someone looked it up.
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Valued Member
United States
425 Posts |
What is so sad is that I watch the drug smuggling programs about what is coming into the airports throughout the world. The drugs and money they are catching being smuggled in from China. Millions of dollars of fake money checks and bank checks. Just unbelievable what they are catching of all the fake items being counterfeited in China and sent her. I saw the coins one time they stopped being shipped in. Now it makes me wonder how many coins are making it in. The profit margin must be high that's why it is done. Seems safer than sending in drugs. Why not coins because the prices are up there.Omg when does it ever stop or someone gets a handle on it. Getting to the point I have to start re-educating myself on spotting counterfeits.
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Valued Member
United States
425 Posts |
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Pillar of the Community
Canada
6244 Posts |
At least for this moment. Will change the name, go to other platform for selling and also find an on line Auction and put there like Altair. So this will not stop fast and many will take the bait. Look Canada with 2 $ fake coins, 1932 dollar and 50 cent and also gold bullion, etc. Look at EU 200 euro note, was took out from circulation due to the fake notes which surpass the number of the notes printed and design to be banks assets and business currency, Is sad but the real is present.
Edited by silviosi
08/06/2022 5:13 pm
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Moderator
 United States
54282 Posts |
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
Canada
6244 Posts |
@NSS. You are right. Him will not give up. the true it is those coins real one are very well prices and not easy to find..
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Pillar of the Community
Canada
6244 Posts |
If come from the manufacture I know for replicas there, the silver must be 925. After my second course for detection of replicas stamps, notes and coins made in China in Beijing, the teacher give me the address to visit. I was pleased to can buy the max admitted to take out from China in time of 2000 fake Morgan's at 26 gr 925 silver which cost me .4 $ CAD each. When I come back I took some photos and then send to RCM for melting. The cost of the travel and the 2 courses was payed back. |
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Valued Member
United States
127 Posts |
My personal experience with ebay is that it is very lax about fraud. At most they will take down an auction. I reported fraud to my local police. I was sent a (non-numismatic) counterfeit item. And ebay has a special channel for law enforcement. The local police said ebay was difficult to work with and ebay did nothing. A lot of it has to do with jurisdiction - in my case too, the sellers were in China. To solve the problem, ebay always falls back on its money-back guarantee and their attitude "Yes, we know there is crime, but we can't stop it. What we can do is just give you your money back." |
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Valued Member
United States
94 Posts |
Quote:
.Congratulations to everyone which pointed out the fake coin. The seller stopped the auction and took the coin off the market. Congratulations. Keep at it. This is a game of whack a mole. He will just keep peddling the same items using new likes or accounts until someone it's it. |
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Valued Member
United States
425 Posts |
Wow these sellers are going crazy. I wish I had the money that
yuyuan1225 has. He is selling coins left and right. He must be PCGSS' greatest customer, hhhhaaaaaa.Is it only the knowledgeable people on this board that know what is going on. Wow maybe I will send out a call to PCGS an see what their attitude is?
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Pillar of the Community
Canada
6244 Posts |
Saturn you are right him made money. Try to see what PGCS will say?!!!. I do not expect big answer then we are aware. The big thing it is the shipping free. This normal will light the bulb LOL. 29 $ shipping free from China? Can some one give me a brake ? please!.
Me I think is ship from inland.
Edited by silviosi
08/07/2022 8:42 pm
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Pillar of the Community
United States
562 Posts |
Quote:
The big thing it is the shipping free. This normal will light the bulb LOL. 29 $ shipping free from China? Can someone give me a break? please! Counterfeit shipping label... |
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Bedrock of the Community
United States
17884 Posts |
Quote:
It would be easy for PCGS to note a coin has counterfeits on the site if someone looked it up. I don't know if PCGS has done that but at one time NGC was doing it. Quote:
Now it makes me wonder how many coins are making it in. Unfortunately probably a LOT more than are being caught. You can put a LOT of stuff in a shipping container, and tens of thousands of such containers come into the country every day. Customs can't really do any more than the occasional spot check unless they have been specifically tipped off about a specific shipment. |
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Replies: 26 / Views: 3,032 |
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First Page
Posted 08/05/2022 6:28 pm
Congratulations to everyone which pointed out the fake coin. The seller stopped the auction and took the coin off the market.
