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 Replies: 71 / Views: 7,810 |
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Valued Member
United States
95 Posts |
A 58BN grade on an obviously red coin would raise a red flag with me, no pun intended. I know there have been instances of red coins turning brown in slabs but never the opposite of a brown cent turning red.
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Pillar of the Community
 Canada
1980 Posts |
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Pillar of the Community
Canada
1980 Posts |
all they have to do is put a description that accurately describes the coin on the slab
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Pillar of the Community
Canada
2301 Posts |
I am positive that the Canadian Coin news will be running a (just a tad) controversial article written by someone who is not too fond of the RCM and its lack of interest/assistance in fighting counterfeit coins. I heard a rumor that a fake was returned to the mint for exchange......the next 3-6 months should be interesting. |
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Pillar of the Community
Canada
1980 Posts |
in a way I can see why the mint may not assist in fighting counterfeit coins, there are more than a few counterfeiters out there and once you bust one, 2 more will start up. they can sell their fakes online publicly or just have them showing up everywhere at shows ebay etc.. |
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Pillar of the Community
Canada
1581 Posts |
Whenever people complain that ICCS doesn't provide an online counterfeiters' info database, this is a good reason why.
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Pillar of the Community
Canada
1581 Posts |
Hmm silver plated duck coin. Be on the lookout for those. The Titanic had issues, but this one has Canada, $10.
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Pillar of the Community
Canada
1980 Posts |
its not just the duck coin , its all the coins, search the site you can get just about anything there.., how do you know your last purchase is real?
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Pillar of the Community
Canada
1980 Posts |
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Pillar of the Community
Canada
1581 Posts |
Well, if the mint is selling me fakes, that would be a story. :)
The mint should provide a registry. Coins they sell would map the COA number to the original buyer's city.
1) If you acquire you can update.
2) Potential buyers can check the location.
3) Obviously many registering the same number would be a red flag.
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Pillar of the Community
Canada
1980 Posts |
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Pillar of the Community
Canada
1980 Posts |
and lets face it , I bet its pretty easy for them to counterfeit some of our old paper money and the graded holder it comes in
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Bedrock of the Community
Australia
21788 Posts |
The best way of staying ahead of these dishonest people is to beat them at their own game. Buy only the most deceptive ones at the lowest cost possible, PROVIDED THAT they are sold to you as fakes. I maintain a reasonably large collection of good quality 'black' coins, for my own education. I study them VERY closely to find their weaknesses. I also have some very good book references on the subject of fake coins, including on how to actually make excellent fakes. There are some very good data bases of fake coins on the 'Net, with which you can compare a suspect coin. NONE of my 'black' coins came from ebay. They all came from major public auctions, where each lot was accurately described by leading numismatic professionals. |
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Pillar of the Community
Canada
1700 Posts |
Couldn't you check with PCGS (since there's a code on the certification case) to survey the authentity of the coin?
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Valued Member
Canada
387 Posts |
It is one thing that this seller discloses the coins as copies. But is it not illegal to possess a look alike currency (coin or bill) that can be passed up as the real thing.
I cannot imagine how this thing clears customs.
This is truly scary.
I am hoping that when you buy these kinds of things in person it would be easy to make out that it is a duplicate.
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Replies: 71 / Views: 7,810 |
First Page
Posted 08/07/2013 8:43 pm
