A counterfeit coin and holder- a step forward for PCGS?

Discussion in 'US Coins Forum' started by Jack D. Young, Dec 8, 2021.

  1. Jack D. Young

    Jack D. Young Well-Known Member

    I posted this on PCGS' CU forum as well...

    As many know the counterfeiters use active cert #'s for the holders for their counterfeits.

    NGC has images for most online certs, PCGS does not and can be an easy mark.

    NGC will quickly respond when notified of a c/c using their cert number as the 1st image shows:

    265249463_3022158111376547_920309021527513055_n.jpg

    So, this counterfeit was unfortunately sold:

    obv.jpg

    rev.jpg

    Had the buyer looked up the cert he would have seen this:

    cert.jpg
    Again, this is the 1st time I have seen PCGS be pro-active like this and a good step forward in my opinion:D!
     
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  3. serafino

    serafino Well-Known Member

    Does anybody know where PCGS and the other TPG companies make their slabs ? I hope it's not China.
     
  4. masterswimmer

    masterswimmer Well-Known Member

    Jack, your activism is duly noted and even more so, appreciated greatly. Thank you for being a pioneer to spearhead these issues.
     
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  5. TheFinn

    TheFinn Well-Known Member

    China. So it is easy to get extra plastic slabs - overruns.
     
  6. Vertigo

    Vertigo Did someone say bust?

    I reported a coin to pcgs. The cert is still active. How does one get this done?
     
    Jack D. Young likes this.
  7. Joshua Lemons

    Joshua Lemons Well-Known Member Supporter

    With NGC when looking up certs, you have a drop down menu where you have to select the holders numerical grade. Does PCGS do this? Not fool proof, but an added layer of protection. But I'm glad to see TPGs being proactive in counterfeiting. I'm not a purist when it comes to the grading company when I buy coins, owning coins from ANACS, NGC, PCGS and ICG. But I know some are and I think I could see an advantage to this as people might be more familiar after looking at a companies slabs repeatedly. Kind of like when you see a counterfeit or error coin in a series you collect. Kinda sticks out like a sore thumb when you see it. Should be some transference in that regard.
     
  8. Garlicus

    Garlicus Debt is dumb, cash is king. Supporter

    For me, the giveaway is the .9999 on the label.
    Good job on the research and follow up.
     
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  9. masterswimmer

    masterswimmer Well-Known Member

    Shhhhhhh!!!! ;)
     
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  10. Insider

    Insider Talent on loan from...

    Garlicus, posted: "For me, the giveaway is the .9999 on the label..."

    That's nice. So what do you see?
     
    Jack D. Young likes this.
  11. Jack D. Young

    Jack D. Young Well-Known Member

    I report them to PCGS as well; seems to take some time for them to respond...
     
  12. Jack D. Young

    Jack D. Young Well-Known Member

    I did receive a response from the PCGS Mod which I thought rather lame in terms of the issue:

    PCGS Mod-CU.jpg
     
  13. Vertigo

    Vertigo Did someone say bust?

    These people have enough money to buy gold yet not enough brains to even check the cert? I'm sure when they receive it the first thing they're going to do is scan it for the nfc tag....
     
    Garlicus likes this.
  14. KBBPLL

    KBBPLL Well-Known Member

    I don't get it. That's exactly what the real ones say.

    The PCGS one has the correct info in the barcode - many of these I've seen online don't bother getting the barcode correct so using a free barcode scanner app is a good line of defense in many cases, but obviously not foolproof. I imagine they'll be faking the NFC tags too - if it's possible they'll do it.
     
    Jack D. Young likes this.
  15. Vertigo

    Vertigo Did someone say bust?

    I contacted pcgs about a coin once and they told me that the only way they could help me is if I bought the coin and sent it to them.
     
  16. Conder101

    Conder101 Numismatist

    Comes across as a boilerplate ad that is saying "You should send in all your coins again to get them into the latest and safest holder." (And pay us LOTS of money.)
     
    Jack D. Young and Southernman189 like this.
  17. KBBPLL

    KBBPLL Well-Known Member

    It's Heather. That's what she does over there.
     
  18. baseball21

    baseball21 Well-Known Member

    Well it was one of their high up marketing people so pretty expected

    There's not really anything they can do other than kill the cert anyways and keep working on new things for future slab security
     
    Last edited: Dec 9, 2021
    GoldFinger1969 likes this.
  19. serafino

    serafino Well-Known Member

    I'm sure the Chinese counterfeiter's laugh at how easy it is to steal from Americans.
     
    Insider, Southernman189 and charley like this.
  20. Garlicus

    Garlicus Debt is dumb, cash is king. Supporter

    I didn’t compare the labels, that was just the first thing that I noticed that would have made me suspicious.
     
  21. Garlicus

    Garlicus Debt is dumb, cash is king. Supporter

    Honestly, that’s where I stopped looking. Was busy at the time, and haven’t been back to check it out.
     
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