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 Replies: 37 / Views: 7,144 |
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Pillar of the Community
United States
1812 Posts |
When I became interested in Numismatics, the Internet would not exist for some 25 to 30 years, and self education was required, and not always easy to come by. This was back in the mid 1960's when Liberty "V" Nickels could be purchased for 7 to 10¢ each.. Fast forward to today when information is available instantly. Today's new collector has to be cautious as scammers are all over the Internet... Not a day goes bye where I can view new ebay listings without having to contact the seller about fake errors, etc.. Yesterday I find a series 1985 $1.00 note that was cut from a collector sheet in a PCGS Holder, with no mention on the holder that it was from a sheet. Below is the ebay listing, my message and serial number info on uncut currency, followed with his reply and a 16 subject sheet of $2.00 notes sold at the BEP for $1.00 more then the seller is asking for his PCGS Note. This thread is to help educate the new collector not familiar with uncut currency (and what they can purchase for $1 more if collecting high serial numbers), and this from a 100% Positive Seller Rating... And the fake cutting errors from sheets sold as genuine errors is horrible. (that's another thread itself).        |
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Bedrock of the Community
United States
94367 Posts |
Moral: Be sure you fully understand the nature of what you are bidding on. If it looks like a bargain on ebay, then watch out. And NEVER buy anything on ebay without a full 2-week return privilege. |
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Bedrock of the Community
 United States
12815 Posts |
Caveat emptor, indeed.
And, of course, knowledge is power.
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Valued Member
United States
61 Posts |
Oh those nasties on ebay. BUYER BEWARE! Glad to see everything worked out. |
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Pillar of the Community
 United States
1812 Posts |
Another fake error listing.. The only reason I did not crop the photo to delete the seller (with a 100% positive feedback), was the listing mentions 2 different serial numbers (on $1.00 notes), then in the description area, it is listed as $2.00 , then his/her description says nothing about it being cut from a collector sheet... While the Internet is a fantastic tool for learning, I find the amount of fraudulent listing's disgusting...   |
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Pillar of the Community
United States
1812 Posts |
A few more fake error ebay listings in the past couple weeks (was to busy with Natick Census, resulting in this delay). My next post under this one will explain my motivation for posting fake cutting errors... The person that made the double green serial numbers and Seal, also made a black "ONE" from the 2nd printing on their fake 3rd printing process... I tried posting a high quality fake transfer $1.00 error note & it was too large to post from my tablet... In this seller's listing, he admitted that his friends print fake errors... I was glad he admitted the truth about the transfer being fake, because I studied it about a half hour zooming in and slowly examining their work... Not only was the fake good enough to fool me, from that point, I no longer purchase modern overprint transfers...    |
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Pillar of the Community
United States
1812 Posts |
I have used PMG for all my rare errors since 2006, and was surprised to receive my Genuine $1 Cutting Error in late spring (2015) unholdered, as their Professional Graders could not tell the difference between a fake & genuine error... On the submittion form was ALL the information required, serial number block printing & date of printing... Everything was on the Form, and I vented on PMG's facebook page on how inexperienced their graders were, and ended up being blocked from posting on their page... After a calm-down period, I telephoned PMG, and in conversation mentioned my 30+ years of Paper Currency Experience, and wanted a answer on why, when all the information that verifies that the error was genuine, how could their graders not know it was genuine... I was told the Graders have no access to the submission forms and to resubmit the note for a second look.. This time I included the information on the holder itself, and four months after my original submission, I received it Holdered... I also mentioned that it does not look good if their graders can't confirm a fake from a genuine cutting error.... Anyone that has seen my Natick & Web Census on Overprint on Back errors, know I have spent quite a bit of time since purchasing my PGGS Natick error.. On Dec.10th I was high bidder on 2 PMG series 1977A E-H Block overprint errors from Run #62 that was the last of 3 E-H Runs on Natick Test Paper... I emailed PMG to inquire about having Both notes reholdered with the Natick Test Paper information on the holder... I received a reply that their Graders will have to "research" information to confirm Natick Notes... Common sence tells me that if the Graders are not allowed to purchase Currency, and can't tell a fake cutting error from a Genuine one, when it comes to Experimental $1.00 BEP issued notes, my personal experience far exceeds the Graders...       |
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Pillar of the Community
United States
1812 Posts |
I found 2 more fake cutting errors on ebay with no mention of them being made from collector sheets.. The 1st photo shows a honest seller listing his note is a fake cutting error, and I have no problem with honest listings... The other two however, have 100% positive feedback and make zero mention of their note being a fake error on genuine currency... This thread is to help educate new collectors that lack knowledge on currency errors, to help protect them from getting taken, and think that since the seller's all have 100% positive feedback, they must be honest... NOT... This thread is open to all to post fake errors on genuine currency... Any Counterfeits should be posted on a separate thread..      |
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Pillar of the Community
United States
1812 Posts |
Edited by Broken-Coin
01/05/2016 5:34 pm
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Pillar of the Community
United States
2850 Posts |
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Pillar of the Community
United States
2850 Posts |
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Pillar of the Community
United States
1812 Posts |
I believe you are correct...  |
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Pillar of the Community
United States
2850 Posts |
The margins were the dead giveaway. No BEP production note intended for circulation will ever have margins that large.
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Pillar of the Community
United States
1812 Posts |
Found this "Magicians Trick Note" listed on the Bay yesterday as the real thing... Why any seller with a 100% positive feedback rating will sell fake errors is anyones guess... A genuine 3rd print Black Seal moved to another location, will have the corresponding Numbers Left of the Black Seal moved also... I no longer contact the sellers as I don't need their ignorant replies...  |
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Valued Member
United States
61 Posts |
Yes I agree. It is futile to contact the sellers. They do not want to hear anything about it. When ebay was a friendly community and you could see the bidders I used to contact the highest bidders and let them know about the fakes. So it goes. |
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Pillar of the Community
United States
1812 Posts |
The seller relisted his fake serial number error (on a genuine note), and was not happy when I sent him a message that anyone that knows the stages of printing will know this note is fake, as they added part of a 2nd printing (black ink) with the 3rd print extra set of serial numbers & seal (green ink).. Instead of debating him, I would just repost here (also posted above).. ***Just because a seller has a 100% positive feedback rating, does not mean you wont be taken, most of the fake errors are from 100% positive rated sellers***    |
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Replies: 37 / Views: 7,144 |
Posted 12/30/2015 11:35 pm
