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Just A Little Paranoid... (Slabbed Gold)

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Author Previous TopicReplies: 21 / Views: 4,094Next Topic Page 2 of 2
Pillar of the Community
United States
4901 Posts
 Posted 11/16/2018  12:20 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list

Quote:
Since you shelled out the bucks for PCGS 70 graded coins, I'm guessing that you want PCGS 70 graded coins. If so, then I'll have to disagree with folks who are saying to buy directly from the Mint


I suggested a direct Mint purchase as the ONLY way to absolutely guarantee that the coin is genuine without resubmitting it yourself.

It did not have to do with potentially grading the coins just the question of authenticity of a purchase.
Pillar of the Community
United States
1375 Posts
 Posted 11/16/2018  2:25 pm  Show Profile   Bookmark this reply Add BadDog to your friends list
Foxwoods Man,

Yes, I realize that is what you were saying and I agree that it is the ONLY way to absolutely ensure you get the real coin.

The OPs question really had to do with how to detect a counterfeit slab and not the coin itself, since counterfeit slab means counterfeit coin as well. The assumption here is that the TPG is good enough to detect a counterfeit coin and not slab it (a pretty GOOD assumption IMHO). So, if the slab is legit then the coin is legit as well.

Somehow, everybody went off on the tangent of how to avoid getting a counterfeit coin, which I don't think the OP was asking (but I may be wrong, wouldn't be the first time )
Pillar of the Community
Canada
1530 Posts
 Posted 11/16/2018  3:15 pm  Show Profile   Bookmark this reply Add GMS5 to your friends list
I would also assume that Great Collections would do their due diligence on the coins before putting them on the auction block.
New Member
United States
4 Posts
 Posted 11/17/2018  3:14 pm  Show Profile   Bookmark this reply Add bonthomme to your friends list
Thanks, everyone! I've been trying to reply for the last day and a half but I keep getting system busy or not allowed. (so maybe a short reply like this will work)
New Member
United States
4 Posts
 Posted 11/17/2018  3:30 pm  Show Profile   Bookmark this reply Add bonthomme to your friends list
Ok, let me try my original reply again...

BadDog: Haha, if my pockets were that deep, that'd be a 1907 high relief! Nothing in particular is concerning me, it's just that post purchase I kept reading more and more about counterfeit slabs, and how readily available they are from Chinese sites. This was a big purchase for me, and not something I plan to make a habit of. I don't have much in the way gold (just two common date Saints), and I really wanted an example of high relief and DCAM gold (DCAM Franklins are my wheelhouse). I figured if these two were going to be my representative pieces, I might as well swing for the fences.

BadDog/FoxWoods: Let's say you're both right. Yes, my presumption is if the slab is good the coin is good, but sometimes an easier way to detect a fake slab is via the coin inside it.

All that said, as a kid who stared at the black and white pictures of the 1907 high relief in his Dad's 1955 Red Book, that 2009 is pretty sweet.

Thanks everyone for the welcome and the insights. Much appreciated!
Bedrock of the Community
United States
94367 Posts
 Posted 11/17/2018  5:04 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Both seem genuine and most attractive to me!



to the CCF!
Valued Member
United States
171 Posts
 Posted 11/21/2018  8:47 pm  Show Profile   Bookmark this reply Add Captain Jack to your friends list
Chinese counterfeits always tend to have a certain ugliness to them, whether a counterfeit Morgan dollar or a gold coin... they're not good enough yet to make flawless counterfeits in my opinion.
Pillar of the Community
United States
4692 Posts
 Posted 11/21/2018  8:59 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list
No issues as far as I can tell. Great Collections is a very reputable auction firm.
Pillar of the Community
United States
8715 Posts
 Posted 11/22/2018  8:13 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list
Both slabs look okay to me.
Moderator
Learn More...
United States
15471 Posts
 Posted 11/27/2018  6:47 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
to the CCF.

Lovely coins ... no issues that I can see from here.
Take a look at my other hobby ... http://www.jk-dk.art
Pillar of the Community
United States
4211 Posts
 Posted 11/27/2018  7:00 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list
and they have a great reputation. No worries.
Beautiful coins!
Bedrock of the Community
Australia
21788 Posts
 Posted 11/28/2018  06:20 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
Why would you want to separate 2009 1oz double from it's original packaging ?
Surely, separation from the originl packaging must detract from the value.

Connoisseur toy collectors always appreciate the good condition packaging that is included with the subject.
Bedrock of the Community
13014 Posts
 Posted 11/28/2018  08:19 am  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
Surely, separation from the originl packaging must detract from the value.


Not at all. Getting a 70 especially PL adds value
New Member
United States
4 Posts
 Posted 11/28/2018  09:58 am  Show Profile   Bookmark this reply Add bonthomme to your friends list
Thanks again to all for the feedback and the welcome.

No longer paranoid.
Pillar of the Community
United States
1375 Posts
 Posted 11/28/2018  10:26 am  Show Profile   Bookmark this reply Add BadDog to your friends list

Quote:
Why would you want to separate 2009 1oz double from it's original packaging ?


The only separation that has to occur is that the coin is taken out of the Mint's capsule and put into a TPG graded slab. All of the other packaging associated with the coin can be retained (or purchased if you didn't get the coin directly from the Mint) by anyone who wants the OGP.

For many, the TPG grading enhances the coin's appeal, value and marketability. In addition to the grading, IMHO the slab also provides better protection to the coin than the original Mint capsule.
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