Link to counterfiet PCGS slab/Morgan (MS65)

I'd love to have the actual 1903-S in my collection. I have a 1903-P which is MS quality, an S would go along nicely with it.

 

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I don't know about that, think what it would do for the owner of the actual coin. Everytime he tried to sell it, he would come under massive scrutiny and possibly be unable to sell the coin since buyers may take away from such a posting that ALL coins with that cert number are fake. I think PCGS would then be liable for damages as a result.
The best thing in this case it to educate yourself as to what a real MS65 should look like and what it should not look like, and most importantly - KNOW your dealer! Make friends with him/her and gauge them for their knowledge and trustworthiness. On occasion you may find coins somewhere else that are cheaper in an anonymous auction site like Ebay, but the small price difference you may be saving is nothing compared to what you risk buying from an unknown quantity. I, and all dealers I know, stand 100% behind their product and if you ever get a fake coin from a reputable dealer it was not intentional and your money will be 100% refunded along with a huge apology.

 

True, that's why I'd say their best course of action is to just remove the reference to the eBay auction that sold the fake. For serious collectors who know what they're doing, would likely search the PCGS to verify and then notice the eBay auction listing, perhaps while searching stumble upon this thread where it was noted that it was a counterfeit, then scrutinize the current seller saying he has the counterfeit himself.

 

I guess if I were to get coins graded, I'd keep my receipts for further proof I'm the actual owner of the graded coin in such slab, etc.

 

Here's more background on the transaction.

http://forums.collectors.com/messageview.cfm?catid=26&threadid=839636

It seems the coin pictured in the auction is real, but the buyer received a (very poor) fake in the mail.

The seller is VERY dirty, and I'm not afraid to say it.

 

Is there a Government Agency that specializes in handling cases like these? Because the bottom line is, that is highly illegal. And if sellers keep getting away with it, it will never stop. If I ever receive a counterfeit slab or coin that was not meant to be a copy with the word copy on it I would contact a Government Agency. Then it is up to the seller to state his case. Yes, we all need to be educated on what a fake looks like, but that still does not give anybody the right to rip people off. If I was ripped off $7000.00 I would be knocking on doors myself.

 

As i mentioned earlier there have been reports of fake coins with real certification number and hologram either grading agency missed it (unlikely) or they sent a real coin had it slabbed. They broke it and took cert # and put it on a fake coin/slab. If you think about it how hard is it to make a fake 1 dollar slab rather than try to make a fake coin that matches the real deal...

 

I spoke with NGC and PCGS and they both say that if you pay the small fee to have your coin reslabbed they automatically check for authenticity of both coin and slab. But even they can be in a hurry sometimes.

 

there's 41 bids to date.

 

so what harren , did the buyer get his money back?an what the edited happen to the seller.he a great ebay hero !!!

 

A couple agencies could have jurisdiction. The Secret Service deals with counterfeit coins/currency. The FBI has jurisdiction over internet auction fraud. Also, if the coin was mailed through the USPS, it is mail fraud, and can be investigated by the USPIS.

 

But that won't do nothing to address the issue of fake slab with real certificate till it is too late.

 

thats true. but for those who took a chance but want to be sure than can send the coin to pcgs or ngc. that would be sad if some one had a coin in there collection for a long time only to realize it's a fake & to late to do anything about it.

 

Yep... the Secret Service, FBI, local police... they just don't care about this type of activity. And you're right; nothing happens.

 

:dead-horse:eBay won't do a thing unless seller fee's are not up to date.$$$$$$$$$$$$$$$$$$$!
Is all eBay cares about!
:thumb:Call in the FTC ,FBI or Secret Service & ANA!

 

The auction closed on Dec. 2, 2011

 

So they can ignore you too.

 

So how we deal with these counterfeits rather than having to send it to be regraded? Do we need online data store which tracks who owns which cert #?