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 Replies: 64 / Views: 13,401 |
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Pillar of the Community
Canada
1823 Posts |
I would like some pointers on how to spot fake coins, sure it would benefit other to. It is mind boggling how many fakes are out their. How about this fake,are the pcgs holder fake to.    Edited by yingyang
02/25/2014 1:18 pm
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Pillar of the Community
United States
2543 Posts |
There are many ... many steps to spotting a fake coin. I will give you what I consider the first two.
1.) If the deal was too good to be true, be very suspicious ...... very. It always boggles my mind how some people intensely question why " This costs so much less than this? " But on other, sometimes more expensive things, they think that they are great shoppers and deal makers and don't stop to ask WHY?
2.) Always ... always check the cert # on any coin you are buying to make sure that the coin in the holder, is the coin that is described. Best case, the coin pictured is the coin in the slab. It is such an easy thing to do, but you would be surprised how many buyers get taken without ever taking this step.
Edited by denco7
02/25/2014 12:10 pm
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Forum Dad
 United States
24153 Posts |
A lot of the fake slabs/coins check out correctly.
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Pillar of the Community
 Canada
1823 Posts |
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Pillar of the Community
United States
9792 Posts |
The font used on the PCGS slab is a dead give away, to those of us that have handled a lot of slabbed coins, I doubt this would fool many dealers or knowledgable collectors, but to those new collectors it is indeed a dangerous game of fake and trickery, those contributing to this act of counterfeiting should be hanged till death - to quote an old pre US federal era saying!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
2543 Posts |
Quote:
A lot of the fake slabs/coins check out correctly. .........which is why that should only be step 2 of many ....... many steps. First, know how to become suspicious, then eliminate the easy steps. Nothing worse than carting a coin around town and around the 'net, to experts, wasting two weeks of time, when quick look up of the cert would have told you, fake coin, fake holder, in five minutes. Identifying good fakes is a process. If your car doesn't start, you don't tear into the engine looking for bad cylinders, when it could just be a bad battery connection. |
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Pillar of the Community
Canada
1823 Posts |
What wrong with this fake I cant tell.   |
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Pillar of the Community
Canada
1823 Posts |
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Pillar of the Community
Canada
1823 Posts |
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Pillar of the Community
Canada
1823 Posts |
Counterfeit PCGS XF45 1893-S Morgan dollar, Certification Number 11228548 Get this it sold for $9,000. These are the pictures hummm .    |
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Pillar of the Community
United States
8137 Posts |
I can't believe someone shelled out $9,000 with pics this bad! I guess the saying "there's a fool born every minute" is true after all...
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Pillar of the Community
Canada
1823 Posts |
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Pillar of the Community
Canada
1823 Posts |
This fake is making its rounds.Be careful could be out their again on ebay. Counterfeit PCGS MS65 1922-S Peace dollar, Certification Number 14683787 Sold: Sep-08-13 for US $1,725.00  Sold: Jul-17-13 for US $1,726.00  |
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Pillar of the Community
Canada
1823 Posts |
Counterfeit PCGS MS64 1926-S Buffalo Five Cents, Certification Number 50020984 Sold: Sep 16, 2013 for $8,200   |
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Pillar of the Community
Canada
1823 Posts |
Counterfeit PCGS XF45 1893-S Morgan dollar, Certification Number 11228548 Sold Sept 21, 2013 for $12,495 unreal |
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Pillar of the Community
United States
7375 Posts |
As a newish collector this stuff scares the heck out of me. A lot of times with the fakes, the slab #s verify, but the the fake coins themselves are too good for an amateur to detect. Recently I'm liking NGC's certification verification which has actual photos of the coins in the holders. yingyang, thanks for making me nervous.....will help me do my homework better.
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Replies: 64 / Views: 13,401 |
Posted 02/25/2014 12:14 pm
