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 Replies: 12 / Views: 33,996 |
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Pillar of the Community
Canada
899 Posts |
The following is to share and is my opinion of what I consider to be fake or suspect 1948 Canada silver dollars. These are still showing up on certain ebay and other auction sites. The differences will speak for themselves but as always be your own judge and form your own opinions. The replica 1948 watch from China "Have you seen this image on a 1948 dollar for sale?" hhbkiddo with your knowledge and experience or anyone else who may have pictures of what you consider fake or suspect 1948 dollars please post them so I can add them to my folder for my reference. The First picture is an Authentic 1948 dollar for comparison.       |
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Valued Member
Canada
166 Posts |
Hello, I am not an expert on grading these, but how does the following look to you? It is ebay Item number: 280408633654 at present and just doesn't strike me right. Thanks |
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Pillar of the Community
 Canada
899 Posts |
 Steve, There are several red flags here that make this suspect. The pictures are very poor and blurred, graded as a MS63 grade with a low opening bid. As a rule if anyone has a high grade key date coin to sell their pictures are very detailed with clarity to help promote the sale. Blurred pictures alot of the times on ebay are intentionally done to hide flaws or forgeries. With a grade of MS63 the seller knows what they have and a grade like this usually starts off near or at trend price which is $3300.00 for this grade. Not sure about this grading companys reputation but what from what I can make out it appears to me that this coin would be hard pressed to come close to a MS60. Good eye Steve as in my perception is just doesn't sit right either. In the last 4 months I have seen 5 fake 1948 Canadian Silver Dollars listed for sale, I look for these as I am interested in purchasing one if what I find is in the grade I am seeking and from only a certain few TPG's. My choice now would be in Cannada: CCCS, and in the USA: PCSG & NGC. Sad to say but I have found as many fake / suspect 1948 silver dollars as real silver dollars at the online auctions. If this keeps up "certified coins of certain key dates will be demanding a higher premium just for the authenticity)" Not 100% sure on this one and As the guy in the ING commercial says "Save Your Money" Edited by D
10/13/2009 03:26 am
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Pillar of the Community
Canada
1248 Posts |
this dollar is graded by Centsles  ( their own grading factory  ) they grade anything!!, even known F A K E S .....should be against the law... that alone should say it ALL.......... 63? NEVER!!! if I would have a 63 slabed 1948 for sale, the pix would be sharper than a pointed needle becauase I want 3 grand for it...   .. |
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Bedrock of the Community
United States
10045 Posts |
Quote:
this dollar is graded by Centsles In other words, the "slab" has no meaning whatsoever. You can't see the coin--and no returns accepted.  |
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Pillar of the Community
 Canada
9862 Posts |
In the senseless NNC grading system MS63 = EF40-45,stay away from any coin that you can't see well enough to grade,even those of top tier grading services.Last week I saw a PCGS Edward 25cent VF20 that had been crossed from CCCS VG10,the seller stated in the description that the coin was F15 at best and had a photo of the CCCS holder.At the end of the auction the coin (with shipping included) sold for slightly more than the Trends price for a VF20.It seems more and more collectors in recent years have taken heart to the new adage "buy the holder not the coin"
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Pillar of the Community
United States
3499 Posts |
So obviously Centsles is a basement slabber of some sort, but is it actually known where they have their business? Are they in North America or is it possible that this is just a fake Chinese slabbing company that wants to "authenticate" the fake coins that they just struck?
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Pillar of the Community
Canada
9862 Posts |
Centsles is a large volume seller from Florida who slab their own coins as NNC.Every Canadian coin in a NNC slab is grossly overgraded.Their photos are usually good enough to determine the real grade of the coin(unlike the photo of the dollar being discussed here).If you know how to grade the coin yourself,they are not so dangerous,but still a detriment to this hobby.
Edited by DBM
10/15/2009 10:28 pm
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Valued Member
United States
493 Posts |
<<<<<If you know how to grade the coin yourself,they are not so dangerous,but still a detriment to this hobby>>>>>
Yes I agree with 1 exception. The companies like PCGS, CCCS, ICCS, NGC authenticate as well as grade. With these third tier grading companies, the authentication aspect is completely out the window. With these companies, it's best to consider the slab just a form of protection for the coin during transit.
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Pillar of the Community
United States
511 Posts |
Avoid what are known as third world grading services. Stick with the companies that guarantee authenticity.
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Valued Member
Canada
291 Posts |
I think this one might be a forgery based on the R in REX, looks like the second photo. What do you think? 401579325146 |
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Pillar of the Community
Canada
4911 Posts |
looks like a legit piece, that strike weakness on the R of REX is common on post 1949 pieces but I don't understand why completely..i suspect a lack of metal to fully strike the design up due to reverse designs opposite to the R.
Feel free to call me Will.
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Bedrock of the Community
Canada
21584 Posts |
Looks good to me.
I don't see any of the markers usually associated
with a counterfeit 48 Dollar.
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Replies: 12 / Views: 33,996 |
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Posted 10/13/2009 03:24 am
