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Replies: 26 / Views: 7,892 |
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Pillar of the Community
France
1591 Posts |
Edited by MathieuMa 12/02/2011 11:16 am
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Pillar of the Community
United States
1962 Posts |
It's not even a fake so much as a tribute replica, as that piece is crude and "off" such that it's not meant to fool anyone into thinking it's genuine. Newport Beach should be absolutely flippin ashamed of itself. Whoever graded that coin (and whoever else even came near it) does not qualify to work there. And yes, it's Newport Beach's doing, not Quangdong's... WOW... just wow.
Kopeiki, please immediately bring this to the attention of the PCGS board - I'm actually surprised that as of writing this, no one has brought it up yet...
And to think, we were having a hearty chortle on our cob forum about NGC calling a 1764 Potosi 4R "1664" by mistake. My bad, NGC, you clearly don't suck as bad on Spanish realm coinage.
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Pillar of the Community
Czech Republic
803 Posts |
Reposted on PCGS forums.
I don't dabble in anything pre-milled, so walk me through what's wrong with this one. I mean, from the looks of it, it's made to resemble a "presentation" piece, based on the nearly perfect shape of the planchet. Are the design elements off? Some of the legend does seem crude, but as I've mentioned - I have yet to venture into this area of collecting.
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Pillar of the Community
United States
1962 Posts |
Yes, it's supposed to be a "Royal" aka royal presentation piece, aka a "redondo"... The design elements aren't even close - if nothing else, the lion monkeys are amusing. Mind you, an authentic piece is a $5000+ coin... A little digging on this shows that another specimen of this fake was in a Cayon auction a few years back. They described it as an 1800's fake, possibly an indigenous piece AND apparently Calbeto and Burzio actually mistook it for genuine. Wow - I guess that's why we have follow-up books... 
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Pillar of the Community
Czech Republic
803 Posts |
Thanks for the info. Yeah, once you know what it's suppose to look like, it's hard to take that fake seriously. You mentioned that Calbeto mistook another one of these for an original - does that mean there's a picture in "Compendium de 8 Reales" listing it as real with a corresponding reference #? I'll check when I get home Sunday, but that would be a pretty neat numismatic fact and might explain why someone else might mistake it for an authentic piece by using that reference. Although you would expect a 3rd party grading company with a small army of specialized consultants to be able to detect something this obvious.
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Valued Member
Germany
194 Posts |
Yes, it's indeed in Calbeto, pictured on page 138, No. 257, and described (on page 137) as: "another presentation piece, struck over other piece of the era"
No. 256 is also a presentation piece, pictured right next to it. It looks good and makes the other one look even faker (if that's possible). I wonder how that slipped by, but then you probably can't study each and every coin in a two-volume "Compendio"...
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Pillar of the Community
 France
1591 Posts |
Could you please post a scan of those two pages ? I don't have the book :/
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Locked
822 Posts |
Any chance the slab's a fake too?
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Valued Member
Philippines
386 Posts |
Quote: Any chance the slab's a fake too? It is also a possibility... I hope someone can post the pcgs picture file based on the serials
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Pillar of the Community
 France
1591 Posts |
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Locked
822 Posts |
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Pillar of the Community
 France
1591 Posts |
It's the exact same coin, with the exact same odd look ...
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Pillar of the Community
Czech Republic
803 Posts |
The seller posted his contact information on the PCGS forums if anyone wanted to follow-up with him and answer some of his questions with regards to next steps. Quote: I am the owner of this coin. I submitted this coin to pcgs and it was graded in may 2011. I did not buy the coin until after having it certified. I am not competent to determine whether or not it is real - thus the submittal before purchase.
I am pondering what to do and appreciate any advice. It does occur to me that if the coin is fake, how do I evaluate the value and how will pcgs evaluate the value under their grading guarantee?
Tony Mitchell
Silver State Coin 44 West First St Reno, NV 89501
(775) 322-4166
Edited by TwoKopeiki 12/05/2011 09:50 am
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Locked
822 Posts |
I notice it's still listed though....
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Pillar of the Community
 France
1591 Posts |
Just saw the topic on PCGS - and registered ... In the meantime, here is the answer from Mr Sedwick (contacted him about him + thanks about the last auction) : Quote: Cher(ère) mathieuma,
yes it is a fake coin that was put in a slab by error. We have notified the company. We have listed tons of new material in both places. thanks
- sedwickcoins
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Valued Member
United States
326 Posts |
Bid is up to 443.88 at this point:
Questions and answers about this item
Q: I'm really interested in bidding on this coin. I've never seen one with such detail. I would like to know if you can tell me how much a piece like this retails for? Thank you,
A: It is difficult to say. I can find no record of an example of this coin selling anywhere ever. The world coin catalog does not give a price for a piece graded this high. It may be that this is the best in exixtance
Dec 03, 2011
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Replies: 26 / Views: 7,892 |