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09-19-2007, 11:55 PM
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#1 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 23,503
| Fake slabs !
Any of you who visit here often can probably recall my commenting that fake slabs are very few and far between. Well, not anymore.
In the past few months I have read reports and seen pics of 3 fake ANACS slabs. And now there are examples of fake NGC slabs showing up on ebay. I have no doubt that someone will soon discover fake PCGS slabs as well. There are even reports of the fakes in some dealer's shops. NGC knows, ANACS knows and YOU need to know !
In the interest of warning all of you I am posting a link to another forum for your information - Fake NGC Slabs
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09-20-2007, 12:02 AM
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#2 (permalink)
| | Emerging Numismatist
Join Date: Jul 2006 Location: West Virginia
Posts: 1,505
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That's a scary thing in the hobby. I hope the TPGs can stay on top of those fakes.
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ANA Member # 1214770
WINS Member #678
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Member: Western Maryland Coin Club
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09-20-2007, 12:28 AM
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#3 (permalink)
| | Likes Silver
Join Date: Jul 2006 Location: Missouri
Posts: 3,480
My Mood: |
Thanks for the correction GD. It seems like these con artists will always find a way to screw people over.
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09-20-2007, 12:40 AM
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#4 (permalink)
| | Moderator
Join Date: Aug 2005
Posts: 2,745
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I must say that the slabs are impressive, which I find to be very scary. I suspect NGC will be doing all they can to stop this, and I wish them luck in doing so. I hope this does not become a pervasive problem. |
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09-20-2007, 12:56 AM
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#5 (permalink)
| | Majored in Morganology
Join Date: Oct 2006 Location: Wisconsin
Posts: 2,739
My Mood: | 
It is pretty scary. The only way I can tell the difference from the photos is that they used the wrong font.
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aka Dan |
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09-20-2007, 01:22 AM
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#6 (permalink)
| | The Lincoln-ator
Join Date: Jun 2007 Location: Dry Heat USA
Posts: 6,754
My Mood: |
Thanks for a great link, and yep, so far Dj, that seems to be the thing, font.
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09-20-2007, 01:25 AM
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#7 (permalink)
| | King of Hearts
Join Date: Dec 2006
Posts: 11,559
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yup guys we are going to have a rwal problem on our hands
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09-20-2007, 04:11 AM
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#8 (permalink)
| | Coin Collector
Join Date: Feb 2007 Location: South Jersey
Posts: 1,124
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Thanks for the info and site link
As it said on that site
There are definite differences in the font they are using for the grade Here are some comparison pictures of just the label area. Sorry for the quality of the images. Labels from the fakes are above and a label from a real label below them.
Maybe they can use different colors matched to serial numbers and a buyer can check it on there NGC site to see if color and numbers are good
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09-20-2007, 09:59 AM
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#9 (permalink)
| | Akiba haiozi
Join Date: Oct 2006 Location: Western hemisphere
Posts: 1,822
My Mood: |
Is the coin in that slab fake as well or just incorrectly graded? If that can be determined from the photo. I see that NGC has slabbed 7 of these, does the number on the slab even correspond to one of those seven? And even if it does, I assume NGC has archive photos of all the coins they slab (or do they?).
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09-20-2007, 10:32 AM
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#10 (permalink)
| | Senior Member
Join Date: Oct 2006
Posts: 336
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wow that fake looks pretty convincing. this is bad bad news
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09-20-2007, 10:33 AM
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#11 (permalink)
| | Darryl - Numismatist
Join Date: Oct 2006 Location: Steeler Nation
Posts: 4,164
My Mood: |
Thanks Doug for the great post. This may give the CAC more ammo. I am assuming that they take an old slab insert with the security sticker on it, put a new coin label on it, and put it into a new slab. Those security stickers the TPG's use are only good if they make them destructible if removed from the slab. They will get the font down as they realize their error.
You know it's funny that a couple guys on the other board blame China for this. As far as I know counterfeiting goes on in every country. Some of the best counterfeits have probably come from right here in the US. It's just a little easier to do it in China.
The TPG's obviously will need a better solution. The interesting part will be how they deal with all of the old slabs in the market. Their reputation suffers every time a fake show up, will they pony up and offer a replacement slab that is more secure???
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09-20-2007, 10:36 AM
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#12 (permalink)
| | 50 Years and Still At It
Join Date: Jun 2007 Location: Maryland
Posts: 2,588
My Mood: |
It would be helpful to me if you would specify the way slabs are being faked.
From what I see above, fake labels are one method.
But is the plastic part real, i.e., carefully opened and resealed slab?
And what about the company logo on the back?
I would like to know what to look for.
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09-20-2007, 11:10 AM
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#13 (permalink)
| | numismatist
Join Date: Apr 2007 Location: aliquippa, pennsylvania
Posts: 1,321
| Quote:
Originally Posted by kanga It would be helpful to me if you would specify the way slabs are being faked.
From what I see above, fake labels are one method.
But is the plastic part real, i.e., carefully opened and resealed slab?
And what about the company logo on the back?
I would like to know what to look for. | excellent question.
grizz
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09-20-2007, 11:57 AM
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#14 (permalink)
| | The Other Frank
Join Date: Oct 2006 Location: New York
Posts: 16,658
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Originally Posted by grizz excellent question.
grizz | agreed!
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09-20-2007, 12:25 PM
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#15 (permalink)
| | Coin Collector
Join Date: Apr 2005 Location: Midwest
Posts: 1,162
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Wow... well that's very scary. I suppose it was bound to happen though. I truly hope the TPGs do everything they can to stay on top of this. I also think providing some security features on the labels like the security features used on currency or even like Microsoft does to its software ID keys would be a good thing.
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