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Replies: 16 / Views: 2,017 |
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Valued Member
United States
87 Posts |
Hi everyone! My Mom wants me to "help" with her coin collection. However, she has several silver certificates that I am not sure if they are real are not. I know nothing about currency. The confusion is my Mom buys things from back of magazines, colored coins, and 'gold' toned coins. As much as I have told her, those are not the kind of things you invest in.... she is convinced otherwise. So imagine my surprise to find silver certificates... I'm suspicious. She doesn't remember where she got them. My camera isn't set up correctly for online photography, but hopefully you can tell. Anyway, I knew you guys would know.... 
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Bedrock of the Community
 United States
25314 Posts |
Inordinately fascinated by bits of metal with strange markings and figures
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Bedrock of the Community
United States
94367 Posts |
Well that's definitely genuine!
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Moderator
 Australia
16834 Posts |
Are there counterfeit silver certificates? Almost certainly such things exist. Back when silver certificates were used as money, people would have tried counterfeiting them. And I suppose more valuable varieties would be counterfeited in more modern times, to try to fool collectors.
Are there counterfeit silver certificates in genuine PCGS Currency slabs? Almost certainly not. PCGS is a reputable slabber with considerable expertise; very very few fake notes would slip through their system.
Are there counterfeit silver certificates in counterfeit PCGS Currency slabs? I have not heard of such things being made before, but they make fake coin slabs, so fake banknote slabs are not technically impossible.
If your mother was buying these silver certificates from magazine-advertising coin marketing companies, then she probably overpaid, but they are probably genuine.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
 United States
87 Posts |
sooo when I go to that website, it asks for a serial number. If you notice, there isn't a serial number in the picture. However, the label says PCGS currency.... isn't that the same as PCGS banknote? or is currency and banknote different? different divisions maybe?
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Valued Member
 United States
87 Posts |
I found this.... "Looking for PCGS Currency? Collectors Universe, Inc., parent company of PCGS, operated PCGS Currency from 2005 until 2009 when it sold the banknote grading division to another company and licensed the trademark and brand name for 10 years until January, 2019 when the name and license returned to Collectors Universe. Therefore, notes graded under the PCGS Currency brand are graded as crossovers to ensure they meet the standards of the new PCGS Banknote grading service. We are unable to verify PCGS Currency holders." Does this mean this silver certificate was graded during this time period? There is a barcode and number on the back of the packaging and when I put this number in, up came a coin... not a banknote. 
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Moderator
 Australia
16834 Posts |
PCGS has changed their formatting for their banknote slabs several times. For this older series of slabs, I believe the certification number should be on the back of the slab.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Moderator
 Australia
16834 Posts |
And yes, that's the number. But if PCGS say they can't verify these older slabs, then you can't enter that number. They seem to expect you to re-submit them for re-slabbing under the new company.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
 United States
87 Posts |
"They seem to expect you to re-submit them for re-slabbing under the new company."
:p Yeah, don't think that's going to happen....
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Bedrock of the Community
 United States
10547 Posts |
Quote: Are There Counterfeits For Silver Certificates? In Numismatics you will find counterfeits were/are made for most everything whether it be metal or paper.
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Pillar of the Community
United States
4637 Posts |
I'm seeing something on the right side of the front of the note and hoping whatever it is, is on the outside of the holder and not the note.
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Pillar of the Community
 United States
4593 Posts |
After losing the PCGS name, they opened as Legacy. Quote: Who We Are Service You Can Trust From the amateur numismatist to the most avid collector of truly unique notes; from U.S.-based currency dealers to international auction houses and everyone in between, Legacy Currency Grading (LCG) has certified more than 1 million notes for them all.
Since the company's inception in 2005, founder Jason W. Bradford has infused every aspect of Legacy with his commitment to standards, consistency, and integrity.
We are proud to be the first third-party grading service with written Grading Standards. These rigid standards enable us to grade with unparalleled accuracy. Every single note our company has certified has been reviewed by our lead finalizer, Jason Bradford, or by someone directly trained by him, ensuring the most consistent grades.
At Legacy, we are committed to excellence. Our Grading Guarantee provides our customers with unwavering confidence in the quality and integrity of our service. Every client's submission, whether it is the first or the one-thousandth, is evaluated with the same care and handling.
Entrust your banknotes to the grading service with a proven legacy of protection and security. It doesn't seem like they have their online verification up https://legacygrading.com/cert-verification/(and their website hasn't been updated since 2022)
-----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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Pillar of the Community
United States
2281 Posts |
It's genuine.
The squandering of money on these TV and magazine ads needs to stop though.
You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
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Pillar of the Community
United States
7621 Posts |
The note in the PCGSC holder looks real to me. Not "rare" but still very collectible and worth a lot more than face value!
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Valued Member
United States
152 Posts |
Can mnknight77 answer SteveinTampa question? I wouldn't think a note could receive a PPQ with that. But the foreign substance stops at the edge of the note.
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Valued Member
 United States
87 Posts |
I apologize... these emails started going to my spam folder for some reason... And I didn't know there were any other responses...
SteveinTampa ... that is actually the plastic itself... Something heavy was placed on top and actually 'scratched' the plastic.
By the way, We lived in Tampa for 10 years during the 90's. We were Airforce down at McDill. Miss Busch Garden afternoon trips with the kiddos to play in the water and Ybor City food! Live in NC now... can't find a decent Cuban sandwich here!!! :)
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Replies: 16 / Views: 2,017 |