New Fake NGC Slabs Reported More Info And Pictures Added

I think it's just a horrible picture; it looks the same as some sold on Teletrade to me.

I guess its just the lack of a bar code on the label that looked weird to me

The silver eagle slab is perfectly valid. That slab type is PCGS 7. It was used from early 1999 to Feb 2002 and only used for Bullion coins and Modern commems. (I have in my notes that it was used for Classic commems until mid 2001, but I have come to question that and I am trying to confirm it.)

Usually within about two years or so of a slab changing design 80 to 90% of the coins seen in a dealers case will have changed over to the new holder. While I suspect that some of that results from crackouts and some from new coins coming on the market, I suspect a LOT of coins get sent in for reholdering once a major change takes place. A minor change such as a hologram charge may be ignored, but when they went from the green labels to the blue nine years worth of green label slabs disappeared in a year. When the barcode moved from the front of the label to the back it took about two years for the ones without the bar codes on the front to take over. And why did this happen? Because after the change everyone only wanted the new holders. Dealers and collectors would specifically ask when they were pursuing a deal "Are these the new holders?" The discontinued ones traded at a discount. So off they go to the TPG and for $5 you can have them in the new premium holder.

Checking the numbers on the Pcgs or NGC websites is only of very limited use. Say I have a roll of fake 09 SVDB cents. I find say two genuine coins in slabs, and make 25 fake slabs each using one or the other genuine slab serial numbers then sell them through various auctions, shows, or to dealers. Most people will accept them without question because they are slabbed. If someone does have doubts and checks the serial number on the website it will come back as confirmed! And the buyer figures it must be good and buys the fake slab.

No, confirming the serial number on the website is no substitute for learning about the coins so that you can authenticate and grade the coins for yourself.

By the way, the potential fake PCGS slab we were waiting on did turn out to be the PCCB slab I mentioned earlier. And to add insurlt to injury the seller just sent the fake coin and not the PCCB slab that it was supposedly in.

That is an NGC 3 (Actually the fourth generation of NGC slab but one of the early ones was not identified at the time the slab book was published and I'm not renumbering everything again.) It was used beginning in either very late 1987 or early 1988 and lasted until late 1989 when the full width hologram was introduced on the back after the counterfeit PCGS slab scare. It's getting hard to find but is still available with some searching.

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if this keeps up NGC should allow everyone (not only paid members) to look up certification numbers like PCGS does

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You took the words right out of my mouth. Even before this issue I thought it was a bad policy not to make the verification service public. Apparently you can call NGC and do it over the phone, so why not offer it online?

But the problem is it would take me about a minute to look up serial numbers that match on ebay, Heritage, or countless other websites. I would be interested to know if the numbers on the fake slabs DO match.

The slab on the fugio is real.

And the serial numbers on the fake NGC slabs DO check out as real on the NGC website.