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1889-CC Morgan Dollar PCGS MS-63. How Scary Is This?

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RickK's Avatar
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30 Posts
 Posted 01/02/2015  05:08 am  Show Profile   Bookmark this reply Add RickK to your friends list Get a Link to this Reply
There could be a business opportunity and service to this community in the form of a third party verification house for higher value coins. It would have to begin with high resolution photos of the coins at the time they are graded and slabbed, with all the unique bumps and scratches serving as the coins' fingerprints.

Pay with an escrow service (through the verification house). Have the verification done, then shipped to you.

This would essentially put the counterfeiters out of business, unless some were foolish enough to pay for these China gems as-is.
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Conder101's Avatar
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17884 Posts
 Posted 01/02/2015  09:46 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
It would have to begin with high resolution photos of the coins at the time they are graded and slabbed, with all the unique bumps and scratches serving as the coins' fingerprints

You've just described part of PCGS's Secure Plus service. The problem is in order to have a suspect coin compared to it's recorded "fingerprint" you have to send the coin back to the firm that created to original fingerprint. An image probably would not be good enough.
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 Posted 07/23/2015  10:48 pm  Show Profile   Bookmark this reply Add michaellee to your friends list Get a Link to this Reply
Does PCGS have any plans to include photos of their coins? All TPG should include photos of all coins graded. This is the only way to stop counterfeiters. I would even pay a dollar more for grading per coin if they are too cheap to stop this.


1889-CC-Morgan-Dollar-PCGS-MS-63.-How-Scary-Is-This?
Pillar of the Community
861 Posts
 Posted 07/23/2015  11:23 pm  Show Profile   Bookmark this reply Add g048406 to your friends list Get a Link to this Reply
Currently, PCGS will only picture coins in their "secure" holders that submitters must pay more for. NGC pictures ALL coins they certify at no additional cost. ANACS amd ICG do not picture any of its coins.
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Darth Morgan's Avatar
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2815 Posts
 Posted 07/24/2015  10:18 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
This slab counterfeiting is getting crazy good, which is why I'm seriously considering purchasing the rest of the key date Morgans for my set in NGC holders. That way I can verify the authenticity with certainty.
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Conder101's Avatar
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17884 Posts
 Posted 07/24/2015  10:22 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Make sure they are recent NGC holders (less than about 7 years old) or there won't be any images on NGC to compare them to.
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Darth Morgan's Avatar
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 Posted 07/24/2015  8:58 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
Make sure they are recent NGC holders (less than about 7 years old) or there won't be any images on NGC to compare them to.


Thank you very much for pointing this out. I didn't realize this was such a recent practice for NGC. I just purchased my first CC Morgan, and I verified it using NGC's coin details app. I felt much more comfortable making the purchase. This will certainly be true when it comes time for the 1894 and 1893-S.
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