Can you guys give me your thoughts on these? I have the opportunity to purchase them, but realize that even slabs are counterfeited by the Chinese now a days. I have not seen them in hand, but would do so before I purchased them. The photos were sent to me, so I'm just posting what I've received. Thank you for any feedback.
Those are big money purchases , so I'd buy only from a reputable dealer or someone I trusted . Also I'd compare them with known die marriages and make sure all the diagnostics are correct . I wouldn't buy them off of ebay for any reason . That's me as I won't gamble with 5 figure coins .
I certainly wouldn't judge a $20K coin from cell-phone images, but the printing on that SLQ's label looks pretty rough and uneven to me, and I don't like the look of the date on the 1901-S one bit.
Thanks @rzage. Looks like they are fake. Someone on another forum sent me these links: http://www.pcgs.com/setregistry/coinfacts.aspx?i=1132282 http://coins.finestknown.com/coin/4...y-toned-pcgs?gclid=CKSczOyBncYCFQYuaQodm0MA1g
Dang , that's a bad fake , the date is way off . Something about the 1916 SLQs hair looks off too . I wonder if the #s even check out on PCGS's website . Glad you found out in time .
I'm at a bit of a loss. Was this a Craigslist find? If so, the wisest thing might be to just drop it. If it were eBay, I'd want to report it, but I'm not sure what risk I would assume by confronting a local seller.
I definitely don't plan on confronting the seller in person. Not sure how/where to report this. My concern at this point is that I don't want someone to get scammed. Another person may not have the resources and support that I have online and on these forums.
If from a private individual (and I assume it was) found via an ad, may I ask why you were considering dealing with them over finding a dealer? I ask for one simple reason: if cost/money, this is EXACTLY what these people are casting their nets hoping to snag. There are, unfortunately, a LOT of people out there actively searching for buyers, perhaps new or without the experience needed to navigate this chum field, focused on getting that "deal" they just can't resist. This isn't just for counterfeits, but problem, altered, etc, etc material as well, so while I mean no offense in saying this, if you're not confident in your abilities to properly attribute/identify coins offered you, and do so understanding that if wrong, whatever funds spent will likely be gone, I would respectfully suggest sticking with trustworthy sources until you are.
The 1901-S is a totally different coin than the one photographed on the PCGS coin facts page. It's bogus.. And somehow the 1916 went from a newer holder to an older holder? This is either a scam on you, or the person trying to sell them was scammed and is completely unaware. Is the seller someone you know? If not. I'd report it to the police. They are counterfeit US coins. Law Enforcement certainly needs to be involved. I'd suggest that a detective get involved in a sting. This is not small money we are talking about here.
This is exactly why all grading companies should photograph coins that are submitted. Just so you can verify a coin and not just a certification number.
I don't feel this response was needed. I look for deals all the time, as do most educated buyers. I had suspicion that these were counterfeit and I brought my concerns to the forum. I'm not aware that I needed to be criticized for this. Please don't cast stones. Thanks.
You were not being criticized, sir. There certainly is nothing wrong with looking for deals, but if one (not necessarily YOU) does not possess the necessary knowledge in order to buy from the unknown public safely, much harm can occur regardless of it you like it or not. It is better to make this clear in these types of threads than it is to hear of the regret after someone, and not necessarily you, gets ripped off. Unfortunately, too many"deal seekers" just think themselves to be "educated buyers" until it is too late.
Funny thing is that the holders look terrible, whereas there are much more convincing fake holders out there with fakes of significantly cheaper coins in them. Anyhow, all other things aside, that Barber getting anything other than a details grade should tip someone off right away.