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Counterfeit Inside NGC Holder

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jhp2104's Avatar
United States
291 Posts
 Posted 10/15/2014  9:11 pm  Show Profile   Bookmark this reply Add jhp2104 to your friends list Get a Link to this Reply
Very informative thread.
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mdpmedia's Avatar
United States
3546 Posts
 Posted 10/15/2014  9:38 pm  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply
For these types of questionable encapsulated coins I'd always be very interested in studying a cross sectional close-up shot of the seam of the slab for evidence of tampering: changing out the genuine coin...
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bobby131313's Avatar
United States
24182 Posts
 Posted 10/15/2014  9:40 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
I'm sure that happens, but I'd bet there's far more completely fake slabs.
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Drsandman2's Avatar
United States
1374 Posts
 Posted 10/15/2014  10:35 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
I'm glad they refunded the seller and updated their website. I anticipated that NGC would yank that coin ASAP, so I saved the pictures for educational purposes.

I'll 'archive' them here in this post so that others in the future will know about that which we were talking.

BTW - cracking open legit slabs and swapping the coin would be near impossible without detection. They are sonically sealed with a machine that runs about $6000 used. I'd say that is a real improbability with this particular coin. Who would waste that much time and effort on a details XF coin, to replace it with an XF details counterfeit?

Counterfeit-Inside-NGC-Holder

Counterfeit-Inside-NGC-Holder

Counterfeit-Inside-NGC-Holder

Counterfeit-Inside-NGC-Holder
Edited by Drsandman2
10/15/2014 10:41 pm
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sel_69l's Avatar
Australia
21788 Posts
 Posted 10/15/2014  11:18 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
It is threads like these that makes me VERY grateful that the CCF exists.
I am NOT an expert on Indian Head cents, and even less so on how to pick dud slabs.
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ExoGuy's Avatar
United States
4421 Posts
 Posted 10/16/2014  12:10 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Drsandman ... "You da man!"

Great learning thread, this. I'd have been fooled on this one, too. We all have our strengths and weaknesses. Pooling our collective knowledge is what makes the CCF so great.
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westcoin's Avatar
United States
9796 Posts
 Posted 10/16/2014  06:03 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Drsandman thank you, don't know how I missed this thread until now. Thank you for the valuable lesson on this. Makes you aware of being vigilant on all coin purchases - even slabbed coins these days.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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United States
1590 Posts
 Posted 10/19/2014  11:14 am  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
That is one impressive fake; from a surface viewpoint.

Question? On a real 1864 L, isn't the stone on the necklace at the front of the neck usually more pronounced? When I look at lower grade 64s, I look for the pointy bust and the larger stone.
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Conder101's Avatar
United States
17884 Posts
 Posted 10/19/2014  8:12 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I'd always be very interested in studying a cross sectional close-up shot of the seam of the slab for evidence of tampering: changing out the genuine coin...

In this case though we knew that the coin had not been switched out because the pictures on the NGC certificate verification website showed the same coin. It would have had to have been switched out while still at NGC between the grading and the encapsulation.
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