| Author |
 Replies: 36 / Views: 15,792 |
|
|
|
Pillar of the Community
United States
992 Posts |
I suspect this is also being done for graded banknotes, US and foreign.
|
|
Pillar of the Community
Singapore
631 Posts |
Please post more info on good quality fake coins so we can know what to avoid
or at least be more wary of.
|
|
Pillar of the Community
Australia
1333 Posts |
China usually doesn't care, but I don't think they are producing counterfeit notes yet due to it being very problematic if you do start producing large qualities of notes. However these fakes are scary good quality, makes me wonder if I can pick some up for very cheap (below production costs), so I can examine them. Thankyou for the informative post.  Edited by ryurazu
01/03/2019 03:45 am
|
|
Pillar of the Community
United States
7057 Posts |
WOW! The Morgan's are what concern me the others are way out of my price range, but the prevailing wisdom is that slabbed is safe.. doesn't look so safe anymore.
|
|
Bedrock of the Community
United States
17836 Posts |
Quote:
but the prevailing wisdom is that slabbed is safe.. doesn't look so safe anymore. Hasn't been "safe" since 2007, they have been faking slabs at least that long. That is if you ignore the fake PCGS rattler slabs that were being made back in 1989.
|
|
Valued Member
United States
272 Posts |
Bar previously shown was sold on ebay by "cashnowpawnllc" 100% feedback...idk if I was in the market to by gold bars I probably wouldnt get them from a seller who's other listings on ebay are 14 lots of baby formula...theres a sucker born every minute tho I guess. Thank you very much for the informative post scary stuff. |
|
Pillar of the Community
United States
9724 Posts |
This weeks podcast at CoinWorld features a good interview with Beth Deisher ex editor of Coin World and now advocate at ACEF https://www.coinworld.com/news/prec...podcast.htmlLook for episode #25 also relevant is #7 with my friend Jack Young of the "Darkside counterfeit" hunter extraordinaire. I have also posted some other videos of Beth in the recent past about her roll in the ACEF here at CCF. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1982, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, & Numismatic Bibliomania Society member (NBS) Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
|
Bedrock of the Community
Australia
21645 Posts |
Why on Earth would you buy a coin on the 'Dark Web', if you already know that it is a clandestine place to go?  Also a place for child pornography, so the Police are patrolling this place far more often. Greater possibility of the Coppers nabbing illegal selling of any sort. Therefore, Don't be a buyer. You could get caught, either way, by the scammers or the Coppers. It seems to me that this is where there exists a far more risky place to buy fake coins, and a far more likely place to get yourself 'dudded'. |
|
Valued Member
United States
154 Posts |
Quote:
Why on Earth would you buy a coin on the 'Dark Web', if you already know that it is a clandestine place to go?
Also a place for child pornography, so the Police are patrolling this place far more often. Greater possibility of the Coppers nabbing illegal selling of any sort.
Therefore, Don't be a buyer. You could get caught, either way, by the scammers or the Coppers.
It seems to me that this is where there exists a far more risky place to buy fake coins, and a far more likely place to get yourself 'dudded'. I think you're missing the point. You can buy very realistic fakes from China on the Dark Web and sell them as genuine. These are fakes that are passing the test at pawn, coin, and ebay shops. It's an informational post to show where these fakes are coming from and how realistic they are, not promoting the Dark Web as a source to buy coins.
|
|
Pillar of the Community
 United States
6497 Posts |
darn scary. I have a Capped Bust half dollar Lettered Edge that was in a PCGS holder purchased on ebay. Number checked out. I freed it from it's holder for my 7070 Type Set. No expert here on coins of that type. But something has always bothered me about it. When I get the gumption up I'll post it for you all to share your opinions.  Check out my counterstamped Lincoln Cent collection: http://goccf.com/t/303507 |
|
Moderator
 United States
164112 Posts |
Quote: I have a Capped Bust half dollar Lettered Edge that was in a PCGS holder purchased on ebay. Number checked out. I freed it from it's holder for my 7070 Type Set. No expert here on coins of that type. But something has always bothered me about it. When I get the gumption up I'll post it for you all to share your opinions That is scary.  
|
|
Bedrock of the Community
Canada
20331 Posts |
Quote: I have a Capped Bust half dollar Lettered Edge that was in a PCGS holder purchased on ebay. The Chinese Counterfeiters are also making counterfeit PCGS and NGC holders. I reported 3 last week from the same seller.
|
|
Pillar of the Community
United States
8923 Posts |
I showed this to my boss who has been a dealer for 40+ years. His exact words were "Well darn. That"s [expletive]ing scary!"
|
|
New Member
Switzerland
2 Posts |
As far as Pamp products are concerned, they have a free smartphone app for iPhone that automatically detects the genuine ones ( https://www.pamp.com/veriscan). |
|
Bedrock of the Community
Australia
21645 Posts |
Tests for fake coins: 1. Weight 2. diameter 3. density 4. ping tone test 5. close in hand visual examination in the 'raw'. 6. test with a magnet 7. close in hand visual inspection with a 10X loupe, under ideal lighting conditions, also looking for alteration of genuine coins. 8. check data bases for known fakes 9. XRF test 10. ultrasound test, checking for core material. 11. independently provable provenance. Can't do any of these things if in a suspect fake slab, unless the slab is broken. If you don't suspect that the slab is fake, but later proven to be fake, then your are sunk.  One of the a few reasons why I am not personally keen on buying slabbed coins. On the other hand, a good TPGrader worth their salt can provide a reasonably dependable authentication service, but to be 100% sure, that is for the TPG customer only. That is because they can do the tests mentioned above on the coin, in the 'raw'. Edited by sel_69l
03/13/2021 05:41 am
|
| |
Replies: 36 / Views: 15,792 |
First Page
Posted 08/02/2017 04:08 am
