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Very Suspicious Coin On Ebay

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fasteddie's Avatar
United States
96 Posts
 Posted 10/13/2009  08:22 am  Show Profile   Bookmark this reply Add fasteddie to your friends list Get a Link to this Reply
NO I did not...just looking for some kind of confirmation of this "Chinese fake"
Locked
822 Posts
 Posted 10/13/2009  08:29 am  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply
Well PCGS evolved from hand typed to computer generated sans serif to a full serif font. Some drastic changes over the years.

Interesting though that you call it a Chinese fake, while admitting no confirmation at all.
Edited by scubu
10/13/2009 08:30 am
Valued Member
United States
372 Posts
 Posted 10/13/2009  08:31 am  Show Profile   Bookmark this reply Add mmerc20 to your friends list Get a Link to this Reply
huh? On the back it says "genuine not gradable". Reeeaaaallllyyy now. Not gradable? PCGS doesn't have the capability to grade a coin like that? I would really like to slap people like this. Of course he has a no return policy.

Mike
Locked
822 Posts
 Posted 10/13/2009  08:39 am  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply

Quote:
huh? On the back it says "genuine not gradable". Reeeaaaallllyyy now. Not gradable? PCGS doesn't have the capability to grade a coin like that? I would really like to slap people like this.


What in the world does that have to do with the seller? That's exactly the way PCGS does it.
Valued Member
fasteddie's Avatar
United States
96 Posts
 Posted 10/13/2009  08:43 am  Show Profile   Bookmark this reply Add fasteddie to your friends list Get a Link to this Reply
Genuine not grade-able is PCGS's solution to sending back coins in "body bags" (un-gradeable) basically there is something wrong with the coin (usually coin has been cleaned--they call it "altered surface"). yet they have determined the coin to be genuine. I suppose people were getting a little mad to find that so many of the grading fees they had paid for resulted in a no grade body bag

Perhaps I was a bit hasty to label it a "Chinese fake", however, according to all the blurb in Coin World that is where all the fakes are being made.

Anyway, I think I'll keep my money in MY pocket....
Edited by fasteddie
10/13/2009 09:15 am
Pillar of the Community
chequer's Avatar
Canada
4227 Posts
 Posted 10/13/2009  08:57 am  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
Many old and valuable coins have had something done to them to be considered altered (or ungradeable in PCGS terms), such as a cleaning. People still would like to know they are not counterfeits, hence the "genuine" tab. People cannot be assumed to be selling fakes without proof. This seller is not doing the best he could if the coin is real, but it can't be assumed he is doing anything devious without that proof. Raising red flags is perfectly legitimate, but it can't be brought beyond that without something to back it up.
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 10/13/2009  10:36 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Playing devil's advocate here, it is entirely possible that the reason this coin is in a PCGS GENUINE slab (altered surface) is because someone has artificially "enhanced" the coin to make it appear to have a cameo effect. In skilled hands, this is something that can be accomplished with etchants but will almost never fool an expert examining the coin in hand.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/13/2009  11:39 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
someone has artificially "enhanced" the coin to make it appear to have a cameo effect.


That was my initial reaction. It'd be far from the first fake Cameo. I wouldn't deal with this seller - no Private auctions for me - but his Feedback is overwhelmingly Positive and includes a lot of buyers with substantial ebay experience of their own. I don't think this is a panic-button auction.
Valued Member
fasteddie's Avatar
United States
96 Posts
 Posted 10/13/2009  11:53 am  Show Profile   Bookmark this reply Add fasteddie to your friends list Get a Link to this Reply
Well, for what it's worth (that was a GREAT SONG)I spoke with a senior grader at PCGS a few minutes ago and he said they would take a closer look at what the specifics were on that inventory number, and that they would email me on the matter...nuff said on this one
Rest in Peace
numismo's Avatar
United States
3039 Posts
 Posted 10/13/2009  11:58 am  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
If it's too good to be true, it's probably not. CAVEAT EMPTOR, There's one born every minute, etc., etc.
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Conder101's Avatar
United States
17884 Posts
 Posted 10/13/2009  12:59 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Back in the 1970's there were a bunch of Morgan (and a few Peace) dollars floating around on the market that had incredible cameos and DEEP mirror Prooflike fields. These were known as "California prooflikes" They were made by polishing the field of the coins and then applying a fake cameo frost to the devices. A LOT of these California Prooflikes got sold for big money to the know nothing investor types and they have slowly been trickling back out over the years. Someone who had this one probably thought he had a real treasureand sent it in to PCGS and it has now come back in a Genuine slab.

And then there is always the chance that it is a fake slab, but the pictures are taken in such a way that it is impossible to say for sure if the slab is real or not.
Valued Member
United States
69 Posts
 Posted 10/13/2009  1:30 pm  Show Profile   Bookmark this reply Add tenacious to your friends list Get a Link to this Reply
Also, he has those small pictures for this coin, but all his other auctions have much better close-up pictures. So it does appear that these far away pictures were intentional, and probably to hide something.

And then to top it off he says no returns on slabbed coins.

Run away fast and far.
Bedrock of the Community
DVCollector's Avatar
United States
10045 Posts
 Posted 10/13/2009  4:00 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
I guess it's trouble when coin details cannot be used to authenticate the slab--or vice versa.
One could reasonably ask what's the point of photos at all--if they don't provide any assurances? It's not like returns are an option here. I find auctions like this both amusing and ironic.
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vermontensium's Avatar
United States
16679 Posts
 Posted 10/13/2009  7:51 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply

Quote:
I DO NOT ACCEPT RETURNS FOR SLABBED COINS. THIS IS A SLABBED COIN SO NO RETURNS FOR THIS AUCTION.

Why not? Sorry folks, I'll pass
swcoin.ecrater.com
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Don B's Avatar
United States
2 Posts
 Posted 10/13/2009  7:58 pm  Show Profile   Bookmark this reply Add Don B to your friends list Get a Link to this Reply
I bought this coin on ebay last week.
<<<Link by new member removed. Please see the forum rules. Feel free to post pictures when you have the coin in hand. Tights24>>>

It is from the same ebay seller and I bouht it at well below the current market value. After reading some of the concerns above I am begining to worry about my "to good to be true" purchase. I have not received the coin to date. I am new to collecting. Do you think this is purchase is going to be my first learning experience?
Thanks,Don
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