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 Replies: 24 / Views: 9,588 |
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Pillar of the Community
 United States
4472 Posts |
Here is the latest PCGS fake holder that the seller has sold. There is an extra number in the cert number as there are 9 digits. 262365089178 |
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Pillar of the Community
United States
4989 Posts |
This underscores the importance of buying from reputable well established dealers. Ultimately, a high quality dealer who employs expert numismatists is your best defense against these types of shenanigans. Very unlikely, for example, you'll get a problem coin buying from Heritage direct.
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Pillar of the Community
United States
3210 Posts |
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Valued Member
United States
126 Posts |
This is discouraging. I checked out the seller's auctions and people ARE actually buying these coins. Based on the quality of the photographs alone, I would never consider even bidding.
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New Member
United States
21 Posts |
Yeah, I'm the "dumb" one that bought the MS-65PL AND the 1880 MS 64 Morgans from this ripoff artists. The holder on the MS-65PL actually looks MOSTLY genuine. The holder for the 1880 is OBVIOUSLY fake.(And that is when I looked into the other holder more carefully and realized it was ALSO fake) I honestly didn't pay much attention to it in the listing as there was NUMEROUS up close pictures of the coin and only one of the holder. Anyway, I filed a case to get my money back. I then contacted ebay about the counterfeit holders and they still want me to return the coins so this guy so he can DO THIS AGAIN. SMH. I definitely learned a lesson with this. I do think the coins are genuine although I am not so sure about the awesome toning on each of them. |
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Pillar of the Community
United States
4472 Posts |
Vent,
Sorry to hear you were ripped off by this seller. I did see that the seller was left some negitive feedback on selling counterfeit holders. I am sure that the toning is AT and part of the scam. Keep us up to date on your returns.
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Pillar of the Community
United States
7390 Posts |
Vent.. call PCGS BEFORE you return them to the guy. They will want to know about them and the situation and they have pull with ebay. I would definitely be on the phone with them right now |
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New Member
United States
21 Posts |
Yeah, it was me that posted the negative feedback to warn others. And, I will definitely contact PCGS to make them aware also. I'll keep you all updated.
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Moderator
 United States
54283 Posts |
Quote:
I do think the coins are genuine although I am not so sure about the awesome toning on each of them. I have never heard of a genuine coin in a fake holder, yet. These fake holders come from China complete with a fake coin. Who knows, this might be different. Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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New Member
United States
21 Posts |
Just got off the phone with PCGS. "Two options" Send back to seller for refund OR lose out on the money I spent and send in to PCGS for a holder verification. Hopefully if this guy puts them back up on ebay people will look at the negative feedback I left and realize it's a rip off. And, the coins DO look genuine although not sure if the toning is. I've seen fakes from China and unless these are REALLY GOOD fakes, I think they were minted here in the U.S. |
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Pillar of the Community
United States
4472 Posts |
Vent
What happens if PCGS determins the holders are fake? Does PCGS make any effort to go after the counterfeit seller?
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New Member
United States
20 Posts |
good read, sorry about your misfortune.
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New Member
United States
21 Posts |
Quote:
Vent
What happens if PCGS determins the holders are fake? Does PCGS make any effort to go after the counterfeit seller? You know, the lady I spoke with from PCGS seemed REALLY disinterested in my problem so that was never brought up. The whole conversation with her took less than a minute and a half. I tried to explain my concerns to her but she basically told me about the two options I posted above and that's it. |
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New Member
United States
4 Posts |
What a shame that these scammers are not arrested. Grand Theft's threshold is $250 last I knew. Maybe someone will file with the treasury since counterfeiting carry's a 15yr prison term. I have a collection of Morgans except the 1893-s/ & many Vams on the top 100, but over the course of the years have not paid a great deal of attention to the slabs and many are certified, so I go back and check constantly a few each week. Found one really suspect one so far but my dealer says it looks good to him. Go figure.
Edited by Trade2much
11/29/2017 09:13 am
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Bedrock of the Community
United States
17884 Posts |
Quote:
Maybe someone will file with the treasury since counterfeiting carry's a 15yr prison term. Problem is the "counterfeiting" isn't being done in this country. It's being done in China where is it legal. |
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Replies: 24 / Views: 9,588 |
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Posted 04/06/2016 11:12 pm
