Is this a counterfeit pcgs holder

Discussion in 'US Coins Forum' started by Lee Gilmore, Aug 13, 2021.

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  1. Lee Gilmore

    Lee Gilmore Active Member

    Comes up as the correct coin but I the pcgs has no photos. I sent pcgs a email with a photo and they were very quick to response by saying both the coin and the holder look suspect and they advised not to purchase. But it shows that slabbed coins are no longer a guarantee of being the real thing.
     
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  3. capthank

    capthank Well-Known Member

    Excellent. I did likewise with another grader and their number had been incorrectly entered on the slab but coins were legitimate. I have returned the coins to be re-holdered and re-numbered.
     
    Lee Gilmore likes this.
  4. Mountain Man

    Mountain Man Well-Known Member

    If you re-read the posts, he did that and so did others.
     
    Jack D. Young and LakeEffect like this.
  5. capthank

    capthank Well-Known Member

    Thanks for the list you provided.
     
  6. 1865King

    1865King Well-Known Member

    Even though the picture isn't great the coin doesn't look right. I have never seen a label in a slab move so that's suspect right off. Looks like a fake in a fake. Even the estimated price is way off. An 1856-S in MS 61 is worth more than $1,800.00. Run away fast....
     
    Lee Gilmore likes this.
  7. KBBPLL

    KBBPLL Well-Known Member

    100% fake. Easy way to tell - download a free QR reader. The barcode has the PCGS coin#, grade, and cert# in it. This barcode matches an 1893-S MS64 $1. Counterfeiters are lazy. You can bet there's a bunch of 1893-S Morgans out there with this slab too, and probably other coins.
     
    -jeffB, Lee Gilmore, 1776 and 4 others like this.
  8. Numinaut

    Numinaut Active Member

    The going price of a real 1856-S in MS 61 is around $7,500 USD.

    This is a fantasy coin. The real 1856 Type One double eagle has a simple straight-sided shield on the reverse. This "coin" has the elaborate curved-sided shield of a Type Two or Type Three double eagle. These types were only made after 1865, and they have the motto "In God We Trust" above the shield.

    Everything about this coin looks wrong, like straight off Alibaba. It has distorted and out-of-proportion date and lettering, and it is too clean for a 61, with no luster and no marks. I am surprised this piece would get as far as the website of a reputable seller.

    If you are considering buying a gold coin, check it against similar examples on the web. Doug Winter's site has an education section with a "Coinapedia" showing examples of every date and mintmark of US gold coin.
     
    Last edited: Aug 13, 2021
  9. Numinaut

    Numinaut Active Member

    I forgot to mention, even if there is no picture of the coin itself when you check the PCGS number, click on the "PCGS #" shown in the top item of the list of information for the coin. The link will take you to a page with photos and auction sale prices and records for the type. (PCGS # 8919 in this case). Lots of good information for researching the type there.
     
    Lee Gilmore likes this.
  10. Lee Gilmore

    Lee Gilmore Active Member

    I would like to thank everyone who replied to my post. I am only a novice coin collector and even though I did spot that this coin was a fake I really appreciate the backup from you guys. Cheers.
     
    Bayern, Numinaut and OldSilverDollar like this.
  11. CygnusCC

    CygnusCC Roping the Learns Supporter

    As an aside, for some reason every time I scanned your bar code with the PCGS cert app, it kept bringing up this morgan:

    https://www.pcgs.com/cert/13663977

    Not sure if the app is faulty or the bar code just doesn't match the number on the label. :confused:
     
    Lee Gilmore likes this.
  12. johnmilton

    johnmilton Well-Known Member

    Labels can move on rare occasions in PCGS holders, but in this case the “coin” inside does not look to genuine. The mere fact that the serial number matches with an 1856-S $20 gold coin means nothing. Counterfeiter get the serial numbers from sources like auction sites and proceed from there.
     
  13. Mr.Q

    Mr.Q Well-Known Member

    The old saying, "if it sounds to good to be true, it probably is." If they pulled it, you have a win win. Let it go, move on... Good luck.
     
    Lee Gilmore likes this.
  14. Cheech9712

    Cheech9712 Every thing is a guess

    More like 2 grand I think
     
  15. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

  16. Numinaut

    Numinaut Active Member

    And here is a detail of the Original Post coin compared to a recent 1856-S MS61 sold on Heritage Auctions. What was that kid's game where you try to spot all the oddities in a drawing? "What's Wrong With This Picture" comes to mind. It would be interesting to know how the fantasy coin was produced.

    1856-S MS61 Fake 1.jpg 1856-S MS61 Real 1.jpg
     
    Last edited: Aug 16, 2021
    TonkawaBill likes this.
  17. TonkawaBill

    TonkawaBill Well-Known Member

    Never learned 'metric', did you ?? In good company, I haven't either !!
     
  18. Phil's Coins

    Phil's Coins Well-Known Member

    If I am looking at a coin and something looks "fully/different" AVOID
    Semper Fi
     
  19. Jack D. Young

    Jack D. Young Well-Known Member

    My slightly "circulated" example. Beth Deisher used the image in her latest book and a few counterfeit presentations.

    obv.jpg
     
  20. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    But you have to love the jumping 5...
     
  21. Jim Dale

    Jim Dale Well-Known Member

    Wasn't this item in an earlier thread?
     
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