PCGS Statement on Counterfeit holders

Unfortunately, Budweiser is cheap rot gut as it is...or maybe that's just the snobby I-only-drink-expensive-Belgian-abbey-beer attitude in me coming out. :whistle:

 

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Some of the items I just don't understand.
1. If your at a coin show and see a PCGS holder with a coin you want, just how do your stop everything, find a computer, contact PCGS for verification. The show would be over by then.
2, Avoiding everyone in China for rare coins is impractical. What about someone 5 feet across the border from China? How about someone that is in China but has a freind in Pakastan selling for him? What about the honest people in China?
3. Is OK for ebay but what about the virtually thousands of other web sites? How about coin shows? How about all coin stores?
4. Carefull with that statement that credit card companies OFTEN ASSIST. I've had my run in's with those people. Not OFTEN, but occationally.
5. HUH? So if you find a great deal, pass it up??????
6. Again, at a coin show, coin store or the thousands of on line dealers if you wait to have something verified it is usually gone if a great price.
7. And if you do buy a counterfeit coin from someone in China just who will go there and do something about it?

Sorry but I'm a little pessimistic about all this. Eventually even the PCGS company will be outsourced to China anyway.
Anyone hear about our goverment how outsourcing the production of our passports? It is a fact.

 

I am too. The TPGs could take a huge hit from this unless they go way beyond the statements made and somehow develop an easy-to-verify-but-impossible-to-counterfeit slab. Who knows, maybe PCGS will give up and contact the best of the counterfeitors and offer to teach them how to grade in return for a franchise fee.

 

Yes, but it's AMERICAN cheap rot gut.

Andy

 

Quick!! Someone call Chris Hansen!! We need to setup stings of Chinese Sellers!!

 

i think your on to something here

 

So how do you say "Have a Seat" in Mandarin?

 

Just another reason why I don't buy coins on ebay anymore.

Like Doug said, I only buy from dealers I know and trust and when I can inspect the coin "in hand".

 

the only coins i bought from eBay was a set of Memorial cents in BU - and they were. total cost $20.00 - a sum i could bear to part with if no coins arrived.

all my "real money" coins are purchased from dealers i trust and typically in person. i have purchased coins unseen but that is the exception, not the rule since i knew the person who sold the coins to the dealer i purchased them from.

-steve

 

for anyone interested in finding "rare" "authentic" U.S coins, I suggest you go here, they are apparently the Chinese equivalent of eBay and they have many coins for sale. So anyone interested could have a field day here with reporting.

edited

 

Lol What