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What Would You Do In This Situation?

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LondonCoin's Avatar
Canada
149 Posts
 Posted 02/11/2009  5:10 pm  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
After I purchased the coin I sent it in to NCS to check if it was real. I did have contact with the guy I bought it from while I did this. After it came back, I decided to throw his contact info out because I was no longer worried about the coin. *which was a stupid mistake.*

I know what city hes from. Don't remember his name tho. I bought the coin at something like a bazaar for antiques and coins.

I live in Canada and go back to Poland only occasionally. Don't plan on going any time soon.

I do have pictures of a real coin, but don't know how to post em :(

Maybe this will work

What-Would-You-Do-In-This-Situation?
[URL="http://g.imageshack.us/img511/1932nikea1sk6.jpg/1/]What-Would-You-Do-In-This-Situation?[/URL]
Edited by LondonCoin
02/11/2009 5:13 pm
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LondonCoin's Avatar
Canada
149 Posts
 Posted 02/11/2009  5:17 pm  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
Here is a better picture my friend took of the coin in the NCS holder.

What-Would-You-Do-In-This-Situation?
Edited by LondonCoin
02/11/2009 5:27 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/11/2009  5:25 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I took the liberty of editing the first pic you posted to show the proper posting method; just click the "Edit Post" icon to see what I did. I couldn't figure out the proper URL for the second one.

I have to admit, the 2 looks suspicious.
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LondonCoin's Avatar
Canada
149 Posts
 Posted 02/11/2009  5:29 pm  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
I'm really surprised NCS would make such a mistake. But we are only human.
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basicbob101's Avatar
United States
819 Posts
 Posted 02/11/2009  5:42 pm  Show Profile   Bookmark this reply Add basicbob101 to your friends list Get a Link to this Reply
I agree with superdave above,

I am a novice and don't know if this can be done, but what I would do is investigate the possibility of sending it to an alternate TPG like ANACS In the NGC slab for a second opinion...that may be the same as asking one doctor to comment on another doctor's opinion, they may have some type of agreement not to do such a thing, I don't know, but if it were possible that is what I would do.

(didn't see page 2 before posting this)
Edited by basicbob101
02/11/2009 5:47 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/11/2009  5:48 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
that may be the same as asking one doctor to comment on another doctor's opinion, they may have some type of agreement not to do such a thing,


Quite the contrary; I suspect ANACS would like nothing better than to get one over on NGC.

But that's not the root of the problem - is this coin authentic, or not? It is very darn difficult to alter a date in a completely undetectable fashion, worse when the coin's condition is this good. A study under good magnification would likely tell the story.
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norseman012's Avatar
United States
357 Posts
 Posted 02/11/2009  6:15 pm  Show Profile   Bookmark this reply Add norseman012 to your friends list Get a Link to this Reply
For 9000.00 USD I would jump on the next plane to Florida after calling NCS/NGC for a appointment to see them. They can tell you right there if this coin is real by putting it under a microscope. and check the 2 or any other diagnostics for this coin. then the problem is solved as to it being genuine. There is not much more you can do. You can get a hundred options and that may only fuel the fire
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LondonCoin's Avatar
Canada
149 Posts
 Posted 02/11/2009  6:56 pm  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
There is no way I'm trusting NCS with the coin. If the coin goes into there hands they can do what ever they want with it, or say what ever they want. Even if I hop on the plane and go there to show it to them. They might be like okay it's fake here is your money (fraction of the actual value) or here is the coin with out the holder.

I think my best option right now is to let some professionals look at it at a coin show.

I like how you send NCS an email.. on the 4th.. and you still don't have a reply. They tell you they would call on Monday and then you wait another week and they still don't call. They are saying that they do want to resolve this in a timely fashion. .. One of these days I'm gonna sit down and post all the conversations Ive had with NCS..
Edited by LondonCoin
02/11/2009 7:21 pm
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biokemist6's Avatar
United States
12437 Posts
 Posted 02/13/2009  12:37 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Hello machaj,
you might be interested in knowing that PCGS has recently formed a working relationship with Mennica Polska. Perhaps they will have access to resources that will be able to definitely authenticate this coin.
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norseman012's Avatar
United States
357 Posts
 Posted 02/13/2009  02:35 am  Show Profile   Bookmark this reply Add norseman012 to your friends list Get a Link to this Reply
I think this post about NCS is a nothing more then a attempt to bash NCS. NCS is a wonderful company that has conserved a number of my coins for me and many other coins for many people. We would not have gradable coins if it wasn't for them. They give a valued service to us. I can't see how anybody can hold them responsible for a raw coin sent to them that was slabbed genuine and then somebody that never held the coin say its a fake. something does not make sense here. This all sound's like a bunch of dingel berries against NCS/NGC OH PCGS is Now in Poland. I guess this was a good place to start.
Edited by norseman012
02/13/2009 02:36 am
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LondonCoin's Avatar
Canada
149 Posts
 Posted 02/13/2009  3:37 pm  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
So I ended up having the coin checked by a few more reputable people, and the date has been altered.They explained to me how they can tell. The 2 is slated a bit counter clock wise. Also there is an impression around the 32, but not the 19. So now that I am 100% sure it is fake what should I do?

By the way NORSEMAN012 if you bought a coin in a NCS holder that stated genuine on it and it turns out to be fake you would also be mad. I'm 22 years old and this is the most expensive coin in my collection. It's a lot of money for me. Your wondering why I'm posting this, it SO PEOPLE REALIZE NOT TO TRUST NCS. If they would replace the coin for me, or pay me a reasonable price for it, I wouldn't be posting this. The guarantee means nothing. I just don't want anyone else to be put in my shoes with another expensive coin.

I'm gonna post one of the emails NCS sent me a later on tonight. It's really interesting.

I'm also working on getting really good photos of the coin on here so everyone can see the difference.. hopefully I have them in a few days.
Edited by LondonCoin
02/13/2009 3:52 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/13/2009  5:48 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
This is a difficult situation. First, I have to say this:

Moderation: Norseman012, your post was uncalled-for. If you'd just dropped $9000 on a coin which turned out to be fake, and NCS claimed it was real even though the fake was fairly obvious to educated collectors, you'd be rightly angry as well. I am only leaving your post in place as an example of behavior which will get called out around here.

Machaj, I can only offer sympathy for your plight. This single coin (if real) is worth more than my entire collection, and I can't imagine what you must feel about it.

NCS has shown a glaring lack of knowledge in certifying this coin as authentic. Plain and simple. However, nothing they've done has damaged you - you made no purchasing decision based on their opinion, and the money was already spent before they ever saw the coin. Therefore, you have no compensatory options against them, and if they're taking a hardline stance against you on that subject, the reason should be obvious.

Of course, that depends on what your argument with them is - if you seek financial compensation for their error, that's one thing. If they're refusing to admit their incompetence, it's quite another and the episode needs to see the light of day.
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LondonCoin's Avatar
Canada
149 Posts
 Posted 02/14/2009  12:12 am  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
Thanks SuperDave.

Most important of all right now is I want to get better pictures so everyone can see the mistake they made.

Like I mentioned before...
"After I purchased the coin I sent it in to NCS to check if it was real. I did have contact with the guy I bought it from while I did this. After it came back, I decided to throw his contact info out because I was no longer worried about the coin. *which was a stupid mistake.*"

I think they should be responsible.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 02/14/2009  01:37 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
if you hadn't sent it to NCS yourself I would probably be suspicious of the whole slab being a fake but since you say you sent it in yourself then I guess there is no question on authentication of the slab itself
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QuickSilver's Avatar
United Kingdom
1077 Posts
 Posted 02/14/2009  05:53 am  Show Profile   Bookmark this reply Add QuickSilver to your friends list Get a Link to this Reply
I do feel NCS are in some way responsible here. Based on machaj getting rid of the contact details because of their grading. The problem is that it is almost impossible to prove.

For their own integrity they need to put their hands up for the bad grading and offer some compensation.

I think the big point we are missing here is that one of the top TPG companies could not spot an apparently easy to see alteration. NCS can not have experts on all the coins of the world, but this was an alteration so should have been spotted. Further if they don't have experts in every coinage (and let's face it, how could they) they should not offer the service.

They have a duty to get things like this right, otherwise they have no reputation and therefore no business.

Maybe they should specify which coinage they are experts in and stick to that instead of taking everything for grading just to make money.

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