What are your thoughts on this coin?

No point the seller already knows.

Item specifics

• Condition:9.9 New
• Type:Brass
• Style:Antique Imitation
• Material:silver plated brass

piece 9980 in Stock ( Stock in: CN )

The CN indicates the stock is in China

 

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I wonder if the slab is 9.9 new?

 

He may be straightforward in his description but that doesn't explain the fake slab, which someone went to trouble to create. All I can think is that he wants to sell a worthless piece of junk to someone with big larceny in mind. Clever way to peddle a fake slab.

 

Pretty representative of why China is such a great danger to the hobby. They are not governed by our laws, and do not have to care because the only violations of US law possible from what they're doing fall upon the individual who buys from them.

No law can touch them, they don't exercise a form of morality which would prevent them from doing this, and they're doing it on a scale which dwarfs any such effort anywhere else on the planet.

 

Another example of why I wish PCGS would go NGC's route and image every coin they get. Doesn't have to be true view quality (which I'm learning more and more hides things like crazy but that's another discussion lol) but just enough so that people can know they're buying a coin that PCGS actually authenticated.

It's really not a lot to ask for, NGC is great in this regard.

 

I really think it's things like this that will have a long-term effect on PCGS's reputation in the long run. As more and more counterfeit slabs hit the market, and more and more people get burned, they'll avoid PCGS slabs like the plague, I would think. If I was one of the top 3 TPG's, I'd bring out a new slab every year, or do something that would slow down the counterfeiting process.

 

They'll do it when the counterfeiting hurts enough.

 

Very crude fake and I noticed it in about 10 seconds but this would fool an un educated ebay buyer

 

If the date location does't give it away instantly, you're in the wrong line of work.

 

Is it me or does the plastic on the slab look way off?