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New Counterfeit Threat - Fake NGC Holders!

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jack316's Avatar
United States
392 Posts
 Posted 11/13/2015  3:30 pm  Show Profile   Bookmark this reply Add jack316 to your friends list Get a Link to this Reply
Barry - that's the prettiest Barber dime I've ever seen. I actually had to catch my breath (kind of like the first time I saw my wife). The Hudson Half is completely gorgeous. I've never seen one in Mint State before. You've got a real eye for quality. Here's a picture of me being sooo envious . Jack
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barryg's Avatar
United States
5863 Posts
 Posted 11/13/2015  3:37 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Well, yeah... assuming they are legit. As I said, what with all this talk of counterfeit slabs I'm getting a bit nervous.
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jbuck's Avatar
United States
189767 Posts
 Posted 11/13/2015  4:07 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I can see where there may not be enough contrast to accurately scan those bar codes unless you can hit it just right between the lines of the logo.
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AES's Avatar
United States
456 Posts
 Posted 11/13/2015  5:00 pm  Show Profile   Bookmark this reply Add AES to your friends list Get a Link to this Reply
Hi Barry, I was actually able to scan those barcodes from the images on screen. Are you using the NGC coin details app?
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barryg's Avatar
United States
5863 Posts
 Posted 11/13/2015  5:06 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Yes, I am using that app. For some reason, I can scan all my other NGC slabs except for those two. Now that I know you can scan them, though, I'm much less worried.

Unless, of course, the bar codes have been counterfeited as well...
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stampvirgin's Avatar
United States
1247 Posts
 Posted 11/13/2015  8:23 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
**offensive posts will not be tolerated here. You've been warned**

Yeah, I figured I would get slapped for that.

let me rephrase..
I try to avoid Chinese made products when I can.
I like to buy American.
Edited by stampvirgin
11/14/2015 09:11 am
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Numisma's Avatar
United States
4963 Posts
 Posted 11/13/2015  9:16 pm  Show Profile   Bookmark this reply Add Numisma to your friends list Get a Link to this Reply
This is rather worrying. I think the best thing we can do as collectors is learn to identify fake coins well, but it's easier said than done.

By the way, that's a stunning proof Barber dime!
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jack316's Avatar
United States
392 Posts
 Posted 11/13/2015  9:41 pm  Show Profile   Bookmark this reply Add jack316 to your friends list Get a Link to this Reply
barryg - I just couldn't help myself - I looked up your Hudson Half on the NGC site. Only 10,000 were made!! I think you could make some extra cash just by charging people like me to look at the picture! By the way, whatever you're using for your photos, those are amazingly clear and detailed enlargements. Thanks for sharing those two coins. ABSOLUTELY BEAUTIFUL. Jack
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paralyse's Avatar
United States
12057 Posts
 Posted 11/13/2015  10:03 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
The overprint of the bar code on the NGC logo is interfering with your UPC reader.

Also, if they moved slab production to America, there would still be shrinkage losses and outright theft and back door production. Theft and dishonesty are not traits unique to other countries.

Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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BuckeyeCoinGuy's Avatar
United States
711 Posts
 Posted 11/14/2015  01:30 am  Show Profile   Bookmark this reply Add BuckeyeCoinGuy to your friends list Get a Link to this Reply
Theft knows no border, but this is business so play the percentages not the politics.
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barryg's Avatar
United States
5863 Posts
 Posted 11/14/2015  11:04 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
barryg - I just couldn't help myself - I looked up your Hudson Half on the NGC site. Only 10,000 were made!! I think you could make some extra cash just by charging people like me to look at the picture! By the way, whatever you're using for your photos, those are amazingly clear and detailed enlargements. Thanks for sharing those two coins. ABSOLUTELY BEAUTIFUL. Jack

Glad you like it! As for my photography, I'm just using a cheap hand-held digital camera with a macro setting. The secret is to use lots of light and then clean up the color balance in Photoshop.


Quote:
The overprint of the bar code on the NGC logo is interfering with your UPC reader.

Yeah, that's what I suspected. I still don't understand, though, why the lines look a little mushier than on other NGC slabs.
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Conder101's Avatar
United States
17884 Posts
 Posted 11/14/2015  11:34 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Sadly, not every coin certified by NGC or PCGS has an online photo. I don't know if it's a question of how old the slabs are or what, but it's just the way it is.

With NGC it's the age of the slab. NGC began imaging and posting the images of every coins slabbed just 7 years ago. anything older than that has no images (and that's 20 years worth of slabbed coins)

With PCGS it's becuase for the most part they just don't do it. About 4 years ago they began adding images to their verification site, but only of those coins where the submitter purchase TruView images. About two years ago they also started adding images of those coins submitted under the Secure Shield tier, and coins with images posted in a Registry set. But the bulk of the coins submitted are not imaged.

I'm not sure but I don;t believe the two major TPG's have their shells produced in China. They are made domestically. (The they were just production being run off the same equipment and mold and slipped out the back door they wouldn't have had the problems with stacking, uneven seams, and weld joint clarity that they have been working to overcome these past 8 years.
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coinlover168's Avatar
United States
506 Posts
 Posted 11/15/2015  9:53 pm  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply
Correct me if I'm wrong, but didn't PCGS say, when they released it, that their newest holders had a trace element that can be detected with a special device sold to dealers? It could be possible they only did it for secure holders or did not implement it at all. This seems like a fairly good strategy to combat counterfeit slabs, but if it can be detected, chances are counterfeiters, especially the better ones, can find out what it is and replicate the new slabs. Also, I don't think the detectors are available for purchase by regular collectors, only dealers, which kind of limits its usefulness.
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Numisma's Avatar
United States
4963 Posts
 Posted 11/15/2015  10:01 pm  Show Profile   Bookmark this reply Add Numisma to your friends list Get a Link to this Reply
Also, the counterfeiters can just keep faking the older slabs.
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Conder101's Avatar
United States
17884 Posts
 Posted 11/16/2015  12:30 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Yes they did. But like you said if it can be detected, the counterfeiters will soon be able to copy it in their shells. And the detector is available from PCGS, $300. Once the counterfeiters what the trace material is those detectors will be worthless as well.
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