NGC Discovered A Fake. - Coin Community Forum

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Author	Replies: 7 / Views: 2,018
Zohar444 Pillar of the Community United States 1429 Posts	Posted 10/06/2008 9:14 pm I purchased a coin on ebay which from my inspection seemed suspect. I reached out to seller who indicated he believes its authentic as he purchased it as part of an old collection. I sent it in to NGC and... I got note it is "Not Genuine". I sent a note to the seller (coin was purchased over a month ago) who immediately agreed to refund full amount. Any similar experience? Edited by Forum Mom to move from Coin Grading Practice Forum to Auction Forum Report this Post to the Staff

SeatedNut Pillar of the Community United States 2797 Posts	Posted 10/07/2008 08:02 am Zohar, No I haven't had a similar experience. But I have purchased several Seated coins knowing they were counterfeit ... and paid a commensurate price for them. This could be something we all could learn from. Any possibility of posting pictures of the coin in the grading section ... and adding the sellers name to the "recommended" list of ebay sellers if the refund processes? Thanks. Report this Post to the Staff
Zohar444 Pillar of the Community United States 1429 Posts	Posted 10/07/2008 08:27 am Will do so later this evening. Good idea. Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 10/07/2008 08:43 am Gotta give props to the seller for promptly issuing a refund when shown NGC's findings. Report this Post to the Staff
BadThad Bedrock of the Community United States 19945 Posts	Posted 10/07/2008 10:50 am What was the coin? Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
1sikevo Pillar of the Community United States 1130 Posts	Posted 10/07/2008 12:24 pm Had to return 3 coins (1911-D $5, 1909-S IHC, 1928 $1) due to questionable authenticity, all verified in hand by a certified wholesale dealer. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 10/08/2008 10:09 pm That's interesting because I bought a raw 1911-D $5 gold piece on ebay last year for a small premium over bullion (about $300). Dimensions and weight check out fine, so I know it's gold. What are other things to look for? The PCGS counterfeit guide only gives general guidelines and it looks good to me. ANA #R3154474 Report this Post to the Staff
Bonedigger Pillar of the Community United States 1267 Posts	Posted 10/09/2008 11:41 am It's good NGC caught it, but still I wonder about several individuals (middlemen as it were) along the way and who got burned when it went from being a counterfeit to a real coin and back to counterfeit again... LOL, any of this make sense? Ben Report this Post to the Staff
	Replies: 7 / Views: 2,018

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