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The 1829 Zs Ao Counterfeit Is Back.

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Author Previous TopicReplies: 4 / Views: 1,578Next Topic  
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swamperbob's Avatar
United States
5362 Posts
 Posted 11/04/2014  05:00 am Show Profile   Bookmark this topic Add swamperbob to your friends list Get a Link to this Message Number of Subscribers
Some time ago I posted regarding an 1829 Zs AO Eight-reale that had been encapsulated by NGC as AU 58.

The coin was initially supported as genuine by Mike Dunigan. However at the US Mexican Numismatic Association meeting in Arizona - Mike spoke with me and let me know that he had reversed his original opinion after further study and that he agreed the coin was a forgery as I said.

At the same Arizona meeting I met the finalizer for NGC who reviews all assigned grades for world coins. He has a tough job but he indicated that NGC has been attempting to get coins like this one returned so that they could be REMOVED from the slabs.

Well the same coin has returned again to ebay - still in the NGC holder and with the same obvious graffiti.
http://www.ebay.com/itm/1829-Zs-AO-...71170928792?

Next question - since ebay does not remove counterfeits anymore - does anyone have an idea?
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coinworldtv's Avatar
Austria
566 Posts
 Posted 11/05/2014  05:38 am  Show Profile   Bookmark this reply Add coinworldtv to your friends list Get a Link to this Reply
I would suggest to pass this information to NGC, not to ebay as they have certified the coin.

They might buy the coin and remove it from the slab and put it inside a frame at the grader“s office.

It would be probably the cheapest way to avoid bad reputation :).
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swamperbob's Avatar
United States
5362 Posts
 Posted 11/07/2014  3:54 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
At the USMNA I had the opportunity to meet Jay Turner one of the finalizers at NGC who works in the world coins group. He told me that NGC wants to buy errors like this one back. Owners are however not that co-operative. This goes double for the original submitter because NGC always goes back on the original submitter to pay for the lost value.

I have in this case reported the coin to NGC by email.

I agree that it is of no value to report a coin like this to ebay - in the past, before the last change of ownership at ebay - I did get this coin removed as a counterfeit but the new owners have disbanded the safety and security group so there is literally ZERO EXPERTISE at ebay right now.
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matttheriley's Avatar
United States
1512 Posts
 Posted 11/07/2014  6:17 pm  Show Profile   Bookmark this reply Add matttheriley to your friends list Get a Link to this Reply
The ebay link shows an AU50 coin not AU58. Typo, or different coin?
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swamperbob's Avatar
United States
5362 Posts
 Posted 11/08/2014  01:10 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
The number on the slab matches as does the graffiti. I5t is the same coin. I suspect I simply typed the 58 in error it should be 50.

I also note that the seller has pulled the coin down.
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