Ebay Counterfeits, PCGS/NGC Counterfeits Plus More

i dont know about anyone else ...
but i dont think i'll be buying a lot of coins from here on out.

i just feel like the odds of getting ripped off are getting too high.

 

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That's not a fake slab from the looks of it BTW. It's a PCGS 6.2 from the looks of it, an early blue tag holder that they used right around the end of the 90s!

http://forums.collectors.com/messageview.cfm?catid=26&threadid=222533

The Barcode is on the back I'll bet, right under the PNG logo. Fake slabs exist, but I HIGHLY doubt they're bothering to fake MS68 ASEs, MS69s trade for roughly spot... that coin was probably slabbed like most all ASEs, a dealer sent PCGS a huge bulk order, and they blew out the Non-70s at cost/loss and profited off the 70s.

PCGS Slabs change over time, and it's also important to remember that the vast majority of ASEs are slabbed right when they come out.

 

That still looks nothing like my blue label. In your link it seems the blue label edges are perferated. Plus the type set on the lettering is way different. I still think mine is an elaborate fake judging from the feedback I have received. True, the barcode is on the back, but I have also seen it in the exact same spot on fakes that others have offered. I've seen the old blue lable PCGS slabs, this still looks nothing like what I have posted.

 

I'm curious - is there anyone who's collecting a full set of slabs? I think that would be interesting (regardless of the coins contained therein).

 

There is someone , I think on this forum , but can't remember his name .
rzage

 

Doug , I was going to add you would know . LOL Beat me by a couple of minutes . LOL
Rusty

 

This is crazy! Geee!

 

Very sobering, indeed. Why hasn't PCGS included a photo with their certification verification?

Oops. I'm sorry. I forgot that some experts insist that "you should know the coin" and not even consider the TPGer. And PCGS has deemed it an "unnecessary expense" to include a verification photo (like NGC). My bad.

It behooves the coin community to insist that the TPGers do everything possible to verify authenticity. A picture is not perfect, but after comparing some of the counterfeits with the real coin (from photos by Heritage Auctions, for example), the determination of authenticity is a lot easier. Still not perfect, but a lot easier.

Back to my cave. :whistle:


guy

 

Luckily most of them look fishy enough to be instantly recognized...but they're just gonna get better.

 

Someone said they had never seen a fake IGC slab...
Here ya go:
http://www.dhgate.com/gold-coins-co...ffalo/p-ff8080812da2145c012db8b8ef8866c5.html

 

Why doesn't someone do something about this site?
They are modeled directly on eBay... but Chinese.

This particular seller says right in his 'auctions' that most buyers of his coins get at least $1500 profit when they resell on eBay.

 

10 oz Credit Suisse gold bar with certificate... under 100 bux each!
All you want!
http://www.dhgate.com/10oz-credit-s...llion/p-ff8080812dcc3b0e012df5c16e947992.html

I have been nosing around, and they even have very nice looking American Eagle Platinum coins for 30 bux each!

 

This would be funny if it wasn't so dayum wrong...
It appears they even copy our second rate TPGs!
I guess they don't want to leave anyone out of their scams...
http://www.dhgate.com/1893-20-liber...-gold/p-ff8080812da25016012db36647bc2452.html



Edit:
Just check it yourself...
I am getting to depressed to talk about it.
http://www.dhgate.com/wholesale/coins-bullion/c172303.html

 

Maybe the site originates in China , then the Chinese are the ones that have to act , and they don't care .
rzage

 

Oh boy...
How about 100 Boy Scout commem proofs for 91 bux?
They have 1200 availble in 100 coin lots.

 

2009 UHR gold... 91 bux each. Free shipping!


What gets me is all the Chinese coins, old and current, gold and silver, that are fakes.
I wonder if counterfieting Chinese coins is legal in China, but only if the coins are going out of country?
1 oz Gold Panda coins for 30 bux.

 

I'll bet if our government stopped making currency, we would still have inflation due to the increase of bogus currency flooding our system. Perhaps we can pay back our loans with their counterfeit stuff.

 

Here is some information on DHgate from their website.

http://www.dhgate-usa.com/overview.html

Many of the Chinese coin sellers on this site use stolen photos of legit NGC/PCGS items to hawk their wares.
Others sell outright counterfeits of these items.

 

The real scary part is once these coins make it to the US, you no longer have the "Shipping from China" stigma on it and people wont look as close. It is nuts that they are directly marketing these things as scams. they aren't trying to hide it at all.