What's wrong w/ this NGC slab?

Discussion in 'Coin Chat' started by Shoewrecky, Mar 11, 2012.

  1. Shoewrecky

    Shoewrecky Coin Hoarder

    The Third picture shows where the person made the incision (sp?)

    edit: Double checking the prices of a 20-p in MS64/65 and the price I paid is 3x-5x what I paid..I only paid $40. I have a feeling that NGC may have said it was cleaned w/ UNC details. If it was it is hard for me to see.
     
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  3. rlm's cents

    rlm's cents Numismatist

    I would have to see the thing in hand, but my first take is that is an authentic NGC slab that someone has altered. I do not know if or how they changed the coin though.
     
  4. Kirkuleez

    Kirkuleez 80 proof

    That is an obvious fake slab, I have seen some of these coming out of China lately. Most of the time, the coin is fake. In this case, the coin is just not rare enough to fake, but deception of grade is likely the goal. Although this looks like a genuine MS-64 RB, I wouldn't be surprised if it was actually a burnished AU-58.

    This one is a poor example of a fake NGC slab, but I have seen some really good ones that have fooled even experienced dealers. The tell tale clue is the word numismatic misspelled in the hologram. Always take a close look at the coin no matter what the slab. Trading "sight-unseen" sadly is a thing of the past.

    Kirk
     
  5. Shoewrecky

    Shoewrecky Coin Hoarder

    I have to look at that slab again...now I gotta find what my son did with it. I am not sure if it was burnished bc it still has the cartwheel effect to it. I would think (assuming here and we know what that does) that if it was cleaned in any way that the coin wouldnt be able to show the cartwheel
     
  6. Shoewrecky

    Shoewrecky Coin Hoarder

    BTW the Numismatic is spelled correctly. I looked everything over twice and all smells spelled correctly.
     
  7. rlm's cents

    rlm's cents Numismatist

    Photographs of holograms are hard to read. How does that one look compared to the real thing?
     
  8. Iceman57

    Iceman57 Junior Member

    I just think that someone was very unhappy with the grade it was given and out of anger just opened the slab and changed the label.,,, I some times get coins back from NGC that was put in backwards and that really pis-me-of and one that I got from PCGS is also backwards and I just want to open them up and turn them the right way,,,,because between the cost of mailing them back to the TPG's ,,,I only mail the coins Registered,,,,, it not worth the hasselllllll. I think this is whats going on here with your slab,,,,,,,If your keeping the coin,,,I would just take the coin out and put it in a flip and be done with it.
     
  9. Shoewrecky

    Shoewrecky Coin Hoarder

    RLM, coming to others it looks identical. Iceman, I did put it in 2x2. I am just curious if I should go send it in bc it could end up in my favor especially if it get's an MS65...or not.
     
  10. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna


    A poor attempt? Think about what makes more sense. Someone carefully opening a genuine NGC slab, removing the original label (for whatever reason) and resealing it or someone taking the time to acquire a quality counterfeit the slab and hologram, only to decide to use that ridiculous label? It is very hard for me to believe that anyone who put this much effort into faking the rest of the slab would be too lazy to even attempt to reproduce an NGC label.

    Also, in reference to the post about the spelling of "numismatic", I believe the gentleman was talking about the counterfeiting of an earlier style NGC holder. If memory suits me correctly, on the PNG logo, "numismatists" was spelled "nunismatists".


    Shoe,

    If you still have the slab remains, please PM me.
     
  11. rlm's cents

    rlm's cents Numismatist

    A 65 RB is kind of marginal for grading. You best be pretty sure of it. I still have not seen a close enough picture for me to grade it by.
     
  12. Iceman57

    Iceman57 Junior Member

    Before sending the coin to a TPG,,,,,I would show the coin to some other coin collectors or dealers to see if its worth the expense,,,,,,if so , go for it. Either way I wish you luck
     
  13. azhiker00

    azhiker00 Member

    I say report that and who you bought it from, NCG on reverse and a label that isn't even close to real if it is INSIDE the sealed holder. Still a nice coin but WHY?
     
  14. GDJMSP

    GDJMSP Numismatist Moderator

    Like I said, maybe. But my primary reason for thinking it was more likely a counterfeit slab is this - never once, ever, have I seen anyone who could open a slab without leaving extremely obvious signs that the slab had been opened and tampered with. Have you ? Has anybody even heard of such a thing ever happening?

    Now apparently that was case in this situation - the OP did not seem to notice anything wrong with the slab itself or that the slab had been tampered with, or that it had been opened. He knew something was wrong but he didn't know what.

    That only occurred much later when the OP had been convinced that it was indeed a fake. And even then the pictures provided by the OP were taken AFTER he cracked open the slab. So we don't know what the slab looked like in the beginning.

    Anyway, it's a moot point. The only thing that matters is that it was a fake slab and that was pointed out to the OP immediately.
     
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