Buying The Coin Not The Slab... - Page 2

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Author	Replies: 19 / Views: 2,703	Page: of 2

just carl Bedrock of the Community United States 20753 Posts	Posted 04/24/2011 09:31 am Quote: This goes to show why I don't like buying slabbed coins. That and the fake slabs that are circulating from China like crazy. Most people don't want to break into a slab, and with these fakes, its the only way to know for sure if its a good counterfeit. Unfortunately, the counterfeiters are getting good. More true than many think. Counterfeited slabs are now the latest fad from places like China. And why not? As noted most people will hesitate to even open some slabs so will never know they are fakes. And I still remember a dealer showing me a slab he opened and replace the coin with something completely different just to show people it can be done. So buying a slabbed coin today means very little anymore. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 04/24/2011 11:24 am Yep, vf, certainly not xf. People tend to forget that grades are supposed to have a general overall "look" to be any given grade. Report this Post to the Staff
Prethen Pillar of the Community United States 3234 Posts	Posted 04/24/2011 11:51 am I agree the pictures make it look like a VF/XF not choice XF. However, it's conceivable that it's a soft strike right? Perhaps the pictures don't indicate that there's lust nor the actual wear pattern. Also, yep...PCGS can definitely overgrade. I doubt that coin would ever CAC. Report this Post to the Staff
coinguybrian Rest in Peace United States 5375 Posts	Posted 04/24/2011 10:33 pm Hmm... It doesn't look softly struck to me. It just looks textbook VF I guess, referring to what biggfredd posted. The huge flatness on the reverse corn seems to tell me that its wear to a high extent, as well as the lack of luster and relatively sharp impression. What gets me the most is how much they give out free passes on oft-problem coins like Seated Liberty dollars just because so few of them are original, because then ignorant buyers will just buy problem coins for full price. And I don't mean minor dipping or a 'gentle old cleaning' either. I have no problem with a lower standard, but the level they sink to can be absurd at times. Report this Post to the Staff
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