I have not seen Jack Young post much here (or any) since this thread. Does he go to the summer FUN Show in Orlando? If so, I've got something I'd like to show him.
The real question is why are PCGS and NGC not bothering to protect their reputation? LVMH made an issue with counterfeit handbags and came with an agreement after lawsuit. Why not them?
Are you going to sue China? PCGS has added a lot of gismos to their slabs which makes counterfeiting harder. Of course they don't do you much good if you are depending upon a picture on the Web. NGC has added some too, although not as many.
These crooks are worse than cancer. China implements capital punishment and that still does not deter them. Only way around it is more education and security measures to make their operations more expensive. Even so, I don't think that's enough.
That I believe is only against counterfieting China coinage. The CCP I am sure aids in the counterfieting of other countries. Maybe we should copy their coinage and see if China allows us to do business in their country. LOL
It’s my understanding that the Chinese Government comes down hard on anyone who counterfeits post revolution Chinese coins.
I think I have a new angle to try in getting eBay to pull down counterfeits . . . I reported eBay Item 406708452541, 1873-S Seated Liberty Silver Half Dollar 50C High Grade for search and browse manipulation. My reason to eBay was, "This is not a half dollar, and does not belong in the Coins category. It belongs in the Novelty category." Let's see if this works.
NGC will "nuke" the cert when a counterfeit using the cert number is reported. Usually state that counterfeits have been reported with this cert number. PCGS not so much; they have nuked 1 cert after I wrote an article and reported multiple bad "Morgan" Morgans with the same cert #. I have had some success reporting bad listings on eBay; I guess their AI finally started catching on.
Seems like the AI still needs to learn from the experts, and should be updated every time the crooks switch to a new system. Thanks for chiming in Jack. Glad I don't buy from the internet.
Froma narrow view, scams and illegal activities are still part of the economy. The Nigerian Prince has to spend money to buy their flashy cars, gold jewelry, and even that hamburger and flip-flops. Just not a part of the said economy I choose to participate in.