You could be right, the dollar figure might be larger for altered coins that they slabbed. But there's been plenty for coins that were over-graded...
I don't disagree with anything you said, except for one thing. Most of the fakes coming out of China are struck with dies, they aren't cast fakes.
So you don't care if they grade 'em 3 grades too high huh Mike ? As long as they grade all of them 3 grades too high.
Yeah, it's happened many times. I can't remember the exact amount, but PCGS reported once that they had spent millions of dollars buying back...
Hunter, labels on slabs are a necessary and unavoidable evil. Dealers have to have some way to code the coins they sell.
Cleaned ? yes. Harshly cleaned ? I see no signs of it. But based on those pics you can't tell.
Problem is CAC goes right along with many of the same "market acceptable" practices that the TPGs use. You see, you'll have a hard time finding...
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