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Getting Some Morgans Graded...ANACS?

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thecoinguy1964's Avatar
United States
1316 Posts
 Posted 10/05/2015  6:36 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I'm afraid in 20 years, the Chinese fakes will have killed coin collecting, as we now know it.
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 10/05/2015  7:04 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
I have to disagree. It is VERY easy to detect most fakes, if you know where to look. Plus, with certification services as cheap as ANACS, all key date coins, as well as any coin worth over $50, should be slabbed.
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davec13's Avatar
United States
757 Posts
 Posted 10/05/2015  7:42 pm  Show Profile   Bookmark this reply Add davec13 to your friends list Get a Link to this Reply
How many "good" fakes have you looked at childofthewheat? There are a lot of "bad" fakes posted here from ebay auctions, but there are many "good" ones floating around in collections and even dealers cases. These are the ones to worry about. Here is an example of a good fake.
Getting-Some-Morgans-Graded...ANACS?

Would you be able to confirm that it's fake from that picture? I have many fake key dates that would fool 99% of buyers by photo only. I may for the heck of it submit a really good 1916D Mercury dime to ANACS and see if they can detect a good fake. It's been body bagged by NGC and PCGS, but most people I show it too dealers/collectors think it's legit.

A subpar TPG company is almost worse the counterfeit.
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United States
1450 Posts
 Posted 10/05/2015  7:49 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
Coinfrog

You are so right. I have bought common slabbed Morgans in MS64 for $65. I crack them out of their slabs and add them to my book set. I have often wondered why in the world someone would pay to have PCGS grade them? I sure do understand why you would want a rare and expensive coin to be slabbed and graded before you pay for it online. Almost the majority of Morgans MS64 and above are slabbed even common ones. It is a nice free benefit, but it does not addd to the value if I take the coin to my LCS and try to sell it. He grades his own coins.
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coinlover168's Avatar
United States
506 Posts
 Posted 10/06/2015  10:59 am  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply
TMCD, if you really want to know where your coins stand grade-wise, you can try posting them in the grading section. We have many experienced eyes and it gives you a consensus opinion.
Valued Member
United States
245 Posts
 Posted 10/06/2015  5:41 pm  Show Profile   Bookmark this reply Add TMCD75 to your friends list Get a Link to this Reply
OK, thank you, coinlover, I will try to post a few.
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