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 Replies: 11 / Views: 1,318 |
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Bedrock of the Community
United States
20753 Posts |
At a coin show today, a dealer I know told me that at the big show in Chicago another dealer accross from him tried to sell him a 1916D Mercury dime in a PCGS slab. Graded as a MS-63.A bit costly but he purchased it and a few others. Then back at his table he compared it with several PCGS slabs of his own and found this one was a fake. Took back to the dealer he got it from and told him it was a fake. That dealer gave him his money back but put that slab right back on his table with all the other slabs for sale. |
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Valued Member
United States
125 Posts |
That's a really crappy thing to do!
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Pillar of the Community
United Kingdom
4208 Posts |
Found a guy selling piles of fake coins (trade dollars, 1790s dollars, etc) and when told they were fake he said 'then dont buy any'. Scum of the earth.
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Pillar of the Community
Canada
5417 Posts |
I hate those people! A couple years back I had a dealer who tried to sell me a 1809 Bust half that was clearly fake on the pretense that I was young and therefore, inexperienced. After examining the coin for a few seconds I told him this was a fake and a rather inconvincing one. He proceeded to tell me how little I know about coins and that I shouldn't question his opinion in front of other potential buyers. I reported him to the Manager of the Coin Show and never saw him again.
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Pillar of the Community
United States
3253 Posts |
Manager of the coin show? I'd like to see them make the acquaintance of a police officer. Is that really so impossible to make happen, when someone is clearly committing a fraud?
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Pillar of the Community
Canada
5417 Posts |
Well, although I hate those people as much as the next guy, I don't think it is worth my time to file an official police complaint, in which case he can just say he didn't know and since the Dealer was from out of town; no consequences will likely result. I think that he was only trying to fool me because I was 12 at the time and since he probably got kicked from the show, I think that is justice enough.
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Valued Member
United States
217 Posts |
Wow, sucks to think there are dealers like that out there who, rather than take it out of the pool of collectable coins, they leave it in there for the next person to figure out the hard way.
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Valued Member
Canada
61 Posts |
Hello everyone
I'm new here and don't know much about coins, but when it comes to someone who is selling fake coins at a coin show, that is Low Low! I think eventually he is going to sell a fake coin or coins to the wrong person and that person will not only take his money back, he will take whatever he has there. it's all about Karma, he will get what is coming to him sooner or later. (Hopefully sooner!)
It's hard to buy coins if you want to start collecting them. Just hearing all of these stories turns me off of coin collecting. It's very upsetting to those of us who want to collect coins and don't want a collection of fakes.
sorry everyone, I will get off of my soap box now........
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Pillar of the Community
United States
3843 Posts |
It seems that almost every collectable is being faked these days. I'm just glad that for coins there are resources to help detecting them such as this forum. We have a whole Coin Community here on the look out for the newest scam or reproduction. Not all niches of the collectables market are that lucky, lots of fakes slip through the cracks and nobody is the wiser.
Edited by Joe2007
09/08/2013 11:49 pm
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Pillar of the Community
United States
1796 Posts |
A 1916-D at MS-63? I bet I could guess the serial number. It tends to pop up in ebay quite a bit. :-) |
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Pillar of the Community
United States
621 Posts |
wasn't pcgs at that show? would of they been able to do anything?
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Bedrock of the Community
 United States
20753 Posts |
Quote:
It's hard to buy coins if you want to start collecting them. Just hearing all of these stories turns me off of coin collecting. It's very upsetting to those of us who want to collect coins and don't want a collection of fakes. Fortunately there are many, many decent, honest, sincere dealers and coin collectors. As with many things you shouldn't judge most by the few. Quote:
It seems that almost every collectable is being faked these days. I'm just glad that for coins there are resources to help detecting them such as this forum. Unfotunately it is becoming more and more difficult to detect fakes. Counterfeiters are becoming more accurate in the production of fake coins and now with fake slabs, really difficult. So many people think any coin in a slab is OK yet as with the experience of the dealer at that show I was at, almost not caught. And as already mentioned, if reported to anyone, a simple I didn't know, is all that could possibly be done. And if a fake was so good it fooled other dealers, a I didn't know could sound realistic. Such fakes are the kind of thing that ruins many collectables. No one really knows how many fakes are made and sold all the time since some are extreamly good. IF you ever watch that antique road show TV program, you would hear more and more how fakes are appearing in all sorts of items. |
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Replies: 11 / Views: 1,318 |
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Posted 09/08/2013 4:11 pm
