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Do You Have A Black Cabinet?

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Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 12/23/2011  5:17 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
See how they like to get fined hundreds of thousands, per coin


Use the old method. Melt the fakes and bottoms up.
New Member
jeremy_ryanne's Avatar
United States
31 Posts
 Posted 12/23/2011  7:47 pm  Show Profile   Bookmark this reply Add jeremy_ryanne to your friends list Get a Link to this Reply
I have some self-slabbed NIC brand "graded" coins in MS-70 I will send you for your "black" collection for free! LOL
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Bizybackson's Avatar
United States
1817 Posts
 Posted 12/23/2011  8:24 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
I was wondering what a black cabinet was, my first guess was the hobby's equivalent to a black mamba, meaning it'll bite you if you give it the light of day, like showing the Feds your 10 1933 Double Eagles... I'm sure I have an unacknowledged fake or two, having collected for so long. Still looking to find my first Henning nickel that would make a great start to a cabinet!
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jfransch's Avatar
United States
1801 Posts
 Posted 12/24/2011  02:34 am  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
I have a couple of trays full of counterfeits, they are common in the coin series I collect. I keep the "contemporary" ones that were made to circulate along with the real ones. I have no use for the cheap chinese garbage but Trout gave me a good idea. Wonder how a chinese Morgan dollar looks after a clean shot with an M91/30 Mosin Nagant?
New Member
jeremy_ryanne's Avatar
United States
31 Posts
 Posted 12/24/2011  4:54 pm  Show Profile   Bookmark this reply Add jeremy_ryanne to your friends list Get a Link to this Reply
I made the joke about the "self-slabbed" coins by NIC(?) I received from IOFFER.com Maybe I should start a new kind of black cabinet collection with these rip-off specimens. They would sit nicely next to my cleaned AU 1879 "MS-67" Morgan "graded" by WCG LOL. At least I only paid for the whole collection it was in...
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Conder101's Avatar
United States
17884 Posts
 Posted 12/24/2011  10:32 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Maybe I should start a new kind of black cabinet collection with these rip-off specimens.

Sounds like my slab reference collection.)
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sel_69l's Avatar
Australia
21788 Posts
 Posted 12/25/2011  06:46 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
It is essential that you keep all 'black' coins.

Why?

They are the most effective way to educate yourself.
It is much harder to spot a fake, unless you have seen a lot of them.
For this reason, it is good to keep a reference collection of them.
By all means buy them, PROVIDED they are sold as fakes just don't bother to waste your time and money on the obvious ones.

Morally, is is a great shame that we have to maintain a collection of such rubbish. It is a type of 'insurance' that I intensely dislike having to pay, because it means that dishonest people can at least recover some money for their efforts.
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Libertad's Avatar
Canada
3692 Posts
 Posted 12/25/2011  1:16 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I'll bet they make awesome decoys. Everyone should have one. ;)
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