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Replies: 23 / Views: 3,591 |
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Pillar of the Community
United States
1429 Posts |
Something seemed fishy when tracking this item from an ebay Hong Kong seller. Both the NGC position and slab/coin coloring.Auction Link:http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IT I looked it up on NGC verification - and this is what I found: Needless to say, this is of concern. ebay is weak on enforcing such behavior.
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Pillar of the Community
United States
3499 Posts |
Zohar444- So, if I am not mistaken, is this indicative of resourceful counterfeiters actually producing well-made counterfeits and slabs based upon what can be found on the NGC website? If so, this is scary...
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Pillar of the Community
 United States
1429 Posts |
Indeed - this is why NGC now scans the coin image to enable comparison.
I have been hit on this forum before when I said "lookout for China", but I will say it again, lookout. Buy from known sources, even if certified.
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Pillar of the Community
United States
3499 Posts |
yeah,wow, that is just plain horrifying. I just wonder how many fake slabbed coins of this quality have been produced. It seems that before long the markets are going to be so flooded that numismatics will be nearly an extreme sport for your wallet...except with fewer people remaining unscathed.
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Valued Member
United States
217 Posts |
Certainly an interesting post. I am not 100% convinced that it is fake. The image is too small for a real analysis of distinguishing marks, but it sure looks nice. The color would indicate a scan vs photo and the positioning would indicate rotate due to poor slabbing. Even the slight fold in the label to the right of the grade is consistent. Tough call on that one but I would lean towards legitimate. If fake, the repetition of the markings is uncanny.
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Pillar of the Community
 United States
1429 Posts |
Brent - what drove me to this concern is the following: 1) Coin on ebay is rotated. The imaged coin on NGC is aligned. Unless it was re-holdered or rotated (which I doubt is the case, as the NGC imaging is recent) then its a different slab. 2) Toning is different than on ebay coin as far as I can see. http://www.ngccoin.com/certlookup/C...=3159339-0023) Slab label color. Maybe its a photography issue. I may be overly suspicious just that I have been reading a lot about these slab fakes and my coin dealer told me to watch out when buying them on ebay.
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Moderator
 United States
23731 Posts |
If it is fake, they did a fantastic job on the coin and slab. If I saw this coming from any place other than China or Hong Kong I'd say it was the real thing.
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Valued Member
United States
66 Posts |
When buying anything, this old saying is so true: The Buyer Beware!
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Valued Member
United States
217 Posts |
I have seen at least 4 AU pieces of the same date/type in NGC holders in the past 18 months, and I feel like I have seen that exact same piece on ebay. I seem to recall liking the darker slightly uneven toning on it. Zohar does this register any memories from last year? We are unable to do searches that far into the past, but it would be interesting to see if the current seller was the buyer when it sold last time. If it is fake, the toning sets a dangerous precedent. That piece exhibits some very unique markings that would be quite difficult to replicate. The bottom line is that I agree with you - I would find it hard to find any reason to buy a coin from China regardless of the dealer or reputation.
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Pillar of the Community
United States
1116 Posts |
i have a dumb question when they fake a coin for instance this one and the real coin grades au55 how do they get the fake to match the grade of the real one.
i guess what I am saying is if there is a pcgs 09-s vdb in fine and they want to fake the same slab and coin how do they get the grade of the fake to match the grade of the real coin
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Pillar of the Community
United States
1116 Posts |
Quote: The bottom line is that I agree with you - I would find it hard to find any reason to buy a coin from China regardless of the dealer or reputation. I will never buy a coin from china but the problem is people from all over the world are buying these coins and they are all over the place I am scared to death to buy any high dollar key date coins because you just don't know. heck I am scared to buy lower value coins because I think I might be buying fakes I have a good idea of what I am doing but they are becoming so good at this it is scary. by the way don't you have to have to sign up to the ngc site to see these photos of the coin to copy the slab
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Pillar of the Community
 United States
1429 Posts |
You can register free as NGC community member and see it.
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Pillar of the Community
Norway
510 Posts |
Quote: have a dumb question when they fake a coin for instance this one and the real coin grades au55 how do they get the fake to match the grade of the real one.
They copy what they see. They always buy an original first. So you get a new "coin" with as much detail as the one they copied. We have recently seen many copies of Norwegian coins, 2 kroner, 1 krone and 50 øre Oscar II (1874-1904). In all cases the original was a coin in grade Fine. So the copies are all in grade F, too. They are too sharp in the edges for F, but that can be sandpapered off.
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Pillar of the Community
 United States
1429 Posts |
Brent, I have seen the same piece sold on ebay and that is legitimate if it is "flipped". This one doesn't match the recent image and slab on NGC's site and therefore the concern. All this means that slabs need to be researched prior to purchase which is a shame.
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Bedrock of the Community
United States
14454 Posts |
well we all knew NGC and ANACS slabs were copied way before they started copying PCGS slabs because of the cost of the PCGS slabs. The small holder ANACS was widely copied as was this type of NGC labels and slabs. When they perfect the PCGS slabs (they are close now to the unknowing buyer) they will really flood the market with them
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Bedrock of the Community
United States
14454 Posts |
After looking at the coins more closely I think this is the same coin, the slab may be counterfeit but the markers match. they may have bought it to copy it but the coin is the same coin Original Ebay coin rotated and marked
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Replies: 23 / Views: 3,591 |