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 Replies: 30 / Views: 6,646 |
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Valued Member
United States
277 Posts |
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Pillar of the Community
5464 Posts |
It was graded by PCGS. What makes you thing it's fake?
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Pillar of the Community
United Kingdom
983 Posts |
From my experience, some of these grading companies aren't all they seem to be! That's all I'm saying.......
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Pillar of the Community
Canada
857 Posts |
Looks real to me, doesn't look mintstate IMO, but genuine nonetheless.
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Forum Dad
 United States
24164 Posts |
Quote:
It was graded by PCGS. What makes you thing it's fake? There are a ton of fake PCGS slabs out there so there's good reason to ask if not sure.  |
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Pillar of the Community
Canada
5242 Posts |
I don't think that you can tell from the picture. But since they offer 30 day returns, if you know the coin or know someone who does, a close inspection could be done.
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CCF Master Historian of USA Commemoratives
United States
12281 Posts |
The coin looks fine to me. The QR Code on the slab brings up the correct page in the PCGS database and the image of the coin there matches what is shown in the ebay listing. I would not hesitate if it was a coin that I was interested in and thought the price appropriate. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
5464 Posts |
Quote:
There are a ton of fake PCGS slabs out there so there's good reason to ask if not sure. I thought he was questioning the coin, not the slab. I was assuming the slab was legit. I probably shouldn't. Edited by USSID18
05/11/2020 8:22 pm
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Pillar of the Community
United States
744 Posts |
Put that serial number in PCGS website and it shows that coin...
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Valued Member
404 Posts |
Although the pictures are admittedly not great, this looks ok to me. The diagnostics for distinguishing between the good fakes produced in Germany the 1950s-60s and the real mccoy are largely in 'MARK.' The telltale 'narrow upper prong of K' is not visible on this one, making me think its probably ok.
On a side note, do not automatically trust American TPGs for the Ghetto Money - I have seen good fakes in genuine slabs - I think they are (or at one point were) just a little out of their depth with these.
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Pillar of the Community
United States
5362 Posts |
This is my second attempt to post a reply to this topic. I guess my laptop ate the first. PCGS is excellent when authenticating US coins - of that I have no doubt at all. However, when they encapsulate World Coins, in particular unfamiliar ones, they will rely on the submitting dealer for authenticity. In that case PCGS effectively supplies a grade only. If PCGS receives a monetary claim based on the authenticity of the coin, PCGS will go back to the original dealer for the money. PCGS does not allow dealers to submit counterfeit coins per their rules. I know this is absolutely true in the case of my specialty, Mexican Cap and Ray 8 Reales, because I own an example of the Riddell # 237 1834 Zs OM that was owned by Ralph Paucher (Foxlaire) that has been encapsulated by PCGS two times. After Ralph Paucher passed away his collection was sent to Heritage Auctions for sale. Included in the collection were 4 counterfeit coins which had all been encapsulated by PCGS. These 4 counterfeits were identified as counterfeit before the sale began and they were returned to the family. This is the original encapsulation - note the serial number:  The coins were at that point removed from the slabs. I contacted the original dealer that directed the Paucher family to Heritage. I asked him if he would present my offer for the counterfeit coins which was accepted and he resubmitted two of the counterfeit varieties to PCGS for the second time. Here is the 1834 Zs OM Riddell # 237 in its new PCGS holder - compare the serial number with the above coin.  So since I am not an expert on the subject coin, I will only say that it may be genuine or not, but when it comes to PCGS and world coins - DO NOT PRESUME PCGS IS GUARANTING AUTHENTICIY. As ebay says - "Let the buyer beware." |
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Valued Member
404 Posts |
@Swamperbob, that is frightening - twice no less! Plus, good example of grade inflation there. Its been said a million times, but its worth it being here marked again; buy the coin, not the holder!
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Pillar of the Community
United States
992 Posts |
Another helpful tip is that the counterfeit slabs will usually not
stack with genuine slabs. Also the color of the fake slab plastic
is different than genuine ones. Learned by getting burned on a fake
89-CC AU50 in a fake slab....
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Valued Member
United States
97 Posts |
Trust but verify. No one should assume that the TPGS are experts on foreign coins. IMO, the images on ebay are too washed out for even a German dealer to render an opinion. |
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Valued Member
Poland
68 Posts |
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Valued Member
 United States
277 Posts |
Swamperbob hit the nail with his response. The reason I made this post was because the coin I posted was very commonly counterfeited, and from my understanding, PCGS has a history of grading counterfeits of this particular coin. PCGS is really good at identifying counterfeit US coinage, but world coinage is another thing, and is a big gray area for PCGS. Thanks you for all the responses although I never made the purchase :) Shout out to gumer too, he's the forum expert on these coins I believe. |
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Replies: 30 / Views: 6,646 |
Posted 05/11/2020 6:21 pm
