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Counterfeit PCGS Holder [2] Slabbed 1849 $1 Gold Same Serial Numbers

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Author Previous TopicReplies: 15 / Views: 4,443Next Topic  
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Goldflake's Avatar
United States
697 Posts
 Posted 07/25/2016  12:51 am Show Profile   Bookmark this topic Add Goldflake to your friends list Get a Link to this Message Number of Subscribers
Here comes the China fake PCGS slabs. Compare them. After further review: Possibly broke the slab and had it re-slabbed. Looks cracked top right.

I was looking for an 1849 Gold Dollar. I stumbled across these [2] fell and hit my head. 2 PCGS slabs with same serial number listed by same seller cjrc1.

http://www.ebay.com/sch/cjrc1/m.html

331903798527 closes on 8/07
Counterfeit-PCGS-Holder-[2]-Slabbed-1849-$1-Gold-Same-Serial-Numbers
331876529916 closed on 7/08
Counterfeit-PCGS-Holder-[2]-Slabbed-1849-$1-Gold-Same-Serial-Numbers
Edited by Goldflake
07/25/2016 01:14 am
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CalzoneManiac's Avatar
United States
2233 Posts
 Posted 07/25/2016  01:04 am  Show Profile   Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
Wrong label style.
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Goldflake's Avatar
United States
697 Posts
 Posted 07/25/2016  01:14 am  Show Profile   Bookmark this reply Add Goldflake to your friends list Get a Link to this Reply
After further review: Possibly broke the slab and had it re-slabbed. Looks cracked top right.

But then to make matters a little more complicated.
Seller dathamobile0 item 331857216984

http://www.ebay.com/sch/dathamoble0/m.html

Sold the exact same serialized coin and used a stolen PCGS MS 69 picture. Serial # 19423463 is in item specifics.
Counterfeit-PCGS-Holder-[2]-Slabbed-1849-$1-Gold-Same-Serial-Numbers
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paxbrit's Avatar
United States
992 Posts
 Posted 07/25/2016  01:36 am  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
The Chinese are a very ingenious people, to use the old expression.

They're doing this with slabbed currency, too. Can't trust anyone, it seems.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 07/25/2016  01:51 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The TPGrading industry need to lift their game, very soon, to raise security of their product.

Otherwise, no potential buyer on ebay will know for sure if a slabbed coin is fake or not.
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oriole's Avatar
Canada
5239 Posts
 Posted 07/25/2016  07:02 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
So it is not enough to "buy the coin, not the slab". You have to "buy the slab" as well, at least to the point of making sure that it is genuine.
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kanga's Avatar
United States
5825 Posts
 Posted 07/25/2016  09:14 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
@Goldflake, I think a call to PCGS is in order.
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Conder101's Avatar
United States
17884 Posts
 Posted 07/25/2016  09:59 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Well the images are terrible, but it does look like it may be the same coin. The auction that closed earlier this month is an older slab, and the one closing next month is their latest generation. So without further evidence, it just looks like a reholdering.
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BuckeyeCoinGuy's Avatar
United States
711 Posts
 Posted 07/25/2016  10:17 am  Show Profile   Bookmark this reply Add BuckeyeCoinGuy to your friends list Get a Link to this Reply
Plastic guy here.

There is nothing that PCGS can do that I can't fake technically.

What PCGS needs to do is make it more difficult.

First step is pictures.

All coins should be imaged online so you can compare in hand to the images of the graded coin to see that it is the same coin in fact. Call it the Full Employment for Macrophotographers Act and you have yourself a jobs bill that even this Congress could agree on. . . .

When I have warranty concerns in a commodity product I am writing a formula for, I always have concerns about eating our competitors returns. To avoid this cost I generally add some sort of nonsense chemical marker to the formula. Something I can detect that no reasonable competitor would put in their formula as it doesn't modify the properties significantly and does add cost. The chemical cost and testing costs end up outweighing the false warranty costs in the end I figure.

This manufacturer (or jobber out of manufacturing more likely) needs something more than catching the fake after the fact, they need to make it easier for their end users to catch fakes.

I'd probably make them amp up their tech game and make it more expensive to fake.

Perhaps some sort of in mold decoration like a PCGS branded border or the like. Melt that into the plastic part. That isn't easy to do and will be a burden the counterfeiter will have to bear.

They make laser marking pigments now too. When melted they'd be clear, but if you hit the part with a laser it will color it after the fact. You can use this to label parts after manufacture. Maybe add this hurdle too.

In the end, if there is enough money there, someone will tool up and make the part. If you just want lowest cost though, continue buying them that way. If you want to solve this problem, find a competent American custom molding firm. They exist in the market because they provide unique and valuable services. PCGS seems like they need to pay for these American services to protect their brand more so than reduce cost on plastic, but I could be a bit biased here too . . . .
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United States
937 Posts
 Posted 07/26/2016  10:30 am  Show Profile   Bookmark this reply Add Tryna to your friends list Get a Link to this Reply

Quote:
Wrong label style.


which one?

there are so many PCGS labels that I have no idea which one you meant.


Quote:
The auction that closed earlier this month is an older slab, and the one closing next month is their latest generation


Have the done away with the shield and replaced it with a Foose Fade version?
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Conder101's Avatar
United States
17884 Posts
 Posted 07/26/2016  12:49 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
All coins should be imaged online so you can compare in hand to the images of the graded coin to see that it is the same coin in fact.

NGC did that, PCGS has not.


Quote:
When I have warranty concerns in a commodity product I am writing a formula for, I always have concerns about eating our competitors returns. To avoid this cost I generally add some sort of nonsense chemical marker to the formula. Something I can detect that no reasonable competitor would put in their formula as it doesn't modify the properties significantly and does add cost. The chemical cost and testing costs end up outweighing the false warranty costs in the end I figure.

Supposedly PCGS has done that, but you have to have the slab in hand and their $300 detector to confirm it. As far as I know NGC has not done this and it will not help when buying from images in a catalog or on line. And once the counterfeiter figures out what you have added to the mix that your detecting device is registering, your device is no longer useful because they can add it to theirs.

Anything that can be seen, especially in images can be faked. If you add something detectable to the plastic mix, if you announce it and don't keep it a trade secret, it can probably be copied too, and if kept secret it is also not something the consumer can use to protect themselves.


Quote:
Have the done away with the shield and replaced it with a Foose Fade version?

The fade label has been around for several years, the shield on the label is only something you get if you pay the extra for the Secure Shield tier. Both the solid blue and the "foose fade" labels can be found with and without the shield.

The 'foose fade" label comes with three different reverse labels, the images from the auction closing next month is the latest reverse label. The first reverse used on the "foose fade" labels is the same as the reverse label seen on the auction that ended earlier this month.
Edited by Conder101
07/26/2016 12:53 pm
Valued Member
4504's Avatar
United States
379 Posts
 Posted 08/17/2016  5:48 pm  Show Profile   Bookmark this reply Add 4504 to your friends list Get a Link to this Reply
NGC does have an online certification service, not sure about PCGS. you just type in the slab's serial number and there will be images of your coin along with the description. I suggest anybody with an NGC slabbed coin do this, as I have found errors in two descriptions of two different coins, which NGC corrected after attempting to make me jump through some hoops.

sometimes the images with not be there but the description will be. if there is a problem, do not let NGC try to make you jump through the hoops, such as what I got at first... send in a pdf file with money for one, forward my email to such and such, etc.

I was able to bypass all that nonsense by going to a supervisor, the problem was quickly and correctly fixed.

obviously, if you research your number and there is nothing there, you have a problem. call NGC if this is the case to verify that that they just either left it out or you have a fake holder.

the name that you can type in your browser to research your coin is:
"VERIFY NGC CERTIFICATION"

surprised so far that China has not set up a fake website for this so you can check the fake coins and be falsely reassured your coin is the real deal. the real certification check can be reached directly from the NGC website.

hope this helps... mike
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Conder101's Avatar
United States
17884 Posts
 Posted 08/18/2016  2:00 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
sometimes the images with not be there but the description will be. if there is a problem, do not let NGC try to make you jump through the hoops, such as what I got at first... send in a pdf file with money for one, forward my email to such and such, etc.

NGC has only been imaging for seven or eight years. Any slabs older than that will not have images.
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BStrauss3's Avatar
United States
4589 Posts
 Posted 08/18/2016  2:56 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
One of the things PCGS tried to get the older holders out of the market was a $5 reholder program for something like 9 months. It didn't do anything for me since I don't have submission privs @ PCGS. AND even though the new holder is better, it's not the kind of quantum jump needed to get ahead of the fakes.

Photos are equally important. While "storage is cheap" (we all buy 1TiB drives @ NewEgg for 100$ish), ENTERPRISE storage is not. Plus, let's think about what it takes to capture repeatable, forensic level photos that will be usesable for 10, 20, even 50 years. This means lights of repeatable strength, at specific angles, with perhaps multiple colors of light. With published instructions so we can repeat the process if the holder comes into our hands. And the photos (or a matching service) need to be available - which will significantly increase bandwidth requirements.

So that brings us to the $64 question - are you/we willing to pay for this? Maybe twice as much per coin?

Before you jump in and say YES, think about what the uptake has been for PCGS Secure...
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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edweather's Avatar
United States
7375 Posts
 Posted 08/18/2016  9:54 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply

Quote:
Well the images are terrible, but it does look like it may be the same coin. The auction that closed earlier this month is an older slab, and the one closing next month is their latest generation. So without further evidence, it just looks like a reholdering.


with Conder.

A bit late to the party here, but I recently bought a
PCGS coin that had TrueView images, and PCGS allowed me to download them. Makes it easy to steal images. ANACS only allows the coin owner to download the images. Not sure about NGC.
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Buzz Killington's Avatar
United States
81 Posts
 Posted 08/20/2016  11:09 am  Show Profile   Bookmark this reply Add Buzz Killington to your friends list Get a Link to this Reply
This whole thread reminds me of the film Blade Runner, where everything was faked, and it was almost impossible to tell what was "real", and despite that, the "real" items were super valuable. I think in the movie it was some kind of snakeskin.
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