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 Replies: 25 / Views: 5,003 |
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Valued Member
United States
453 Posts |
But you can buy stock in it now and make some of your money back right? Fake American coins are ok but if they were pirated dvds itd be a whole other story. What a joke.
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Moderator
 United States
189340 Posts |
Quote:
Fake American coins are ok but if they were pirated dvds itd be a whole other story. Funny how messed up our priorities are.  |
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Pillar of the Community
United States
952 Posts |
alibaba is proof that people will buy just about and piece of junk you can put out there.
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Valued Member
United States
234 Posts |
Sir, per your original question "how can I tell if a slab is fake" If the coin is photograded I go on NGC and PCGS and match up the Knicks and scratches. Then when I receive the coin I check again.
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Pillar of the Community
 United States
604 Posts |
@ Brian34Jersey
That was one of the reasons I posted this question. Some of the slabs I own, and checked to verify, just verify what's in the slab.
They don't provide a picture though.
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Valued Member
United States
234 Posts |
I got rid of the coins I had that weren't photograded. If I really wanted to keep them I would have resubmitted. I have a feeling in the future people are going to depend on the photo until the Chinese figure out how to falsify Knicks and scratches.
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Valued Member
United States
167 Posts |
I have 0 respect for these counterfeiters. If it were up to me I'd hang em all.
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Pillar of the Community
United States
1192 Posts |
Sadly that's the reason I'm drawn to cheaper coins that are t really worth counterfeiting
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Valued Member
United States
234 Posts |
It's always a debate between me and my friends about how counterfeiting is really affecting the market. I've only seen one fake Trade dollar through my travels. Any high end coin ie $300-$1000 I make sure I buy from a numistist dealer and check the photograde. I was thinking about buying some fake coins and hiding them in my sock drawer so if I get robbed the thieves will think they got the big stash and not find my real coin stash. |
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Pillar of the Community
United Kingdom
2135 Posts |
Do thieves know what is a good coin and what isn't ?
Have they got time to decide ?
If they find coins in your sock drawer, won't it just confirm that you collect coins ?
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Valued Member
United States
234 Posts |
From what I heard they can't tell fake coins from real coins. One would think if they found a roll of double Eagles in my sock drawer they would do a bee line to the closest cash for gold place.
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Bedrock of the Community
United States
17884 Posts |
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I have a feeling in the future people are going to depend on the photo until the Chinese figure out how to falsify Knicks and scratches. Yes we've come full circle. That was the point of the ANACS photocertificates, so you could compare the coin against the photo of the genuine piece to make sure you were getting the real one. We are back to 1972 - 89 except the coin is now in a slab instead of a flip and the resolution of the photo isn't as good as it was. |
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Pillar of the Community
United States
1796 Posts |
Oh this merry game of cat and mouse. :-)
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Moderator
United States
23522 Posts |
The technology to image coins in sufficient detail for reliable identification is within reach of the average collector, as is the knowledge to detect all but the finest counterfeits. The hard part is making it known that this all exists, and getting the info into the hands of those who need it.
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Bedrock of the Community
United States
20753 Posts |
Some time back a dealer I know showed me a slab. In it was a coin that had nothing to do with what was printed on the tag inside. He told me he opened it, replaced the coin with an obviously wrong one, resealed it. I could not tell how nor where it was ever opened. Another dealer showed me obvious fake coins in a fake slab. I only knew they were all fake since the coin was a 1913 Liberty Head Nickel. I've seen many fake slabs at coin shows where they were put on display for people to see just how good they are now being made. In reality the average person just can't tell. In many instances even dealers can't tell. Fake slabs and fake coins are getting so good, many realllllly look real. At a flea market a dealer was selling coins such as 1916D Merc's, 1921 Walking Liberty halves and lots more. It was only obvious they had to be fake since they were only $5 each. You really just can't tell anymore. |
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Posted 01/28/2015 08:06 am
