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An examination of the counterfeit slab epidemic. Scope and advice.
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<p>[QUOTE="Jack D. Young, post: 4148741, member: 93371"]I am on the OP's side of this one, but...</p><p><br /></p><p>I feel really strongly folks in this Hobby need to take ownership for their decisions- we all need to become "experts" of the coins we collect and lay out our hard earned cash on. If we take the responsibility to learn the varieties, die states and how to personally grade many of these mistakes could be avoided. And if you are outside of your expertise solicit the opinions of collectors with experience in that series or date. There are so many great specialized clubs (I am a member of EAC, C4 and LSCC), local coin clubs and specialized FB Groups out there that you can seek help or an opinion from why wouldn't you?</p><p><br /></p><p>IMHO many collectors as well as the TPG's became complacent several years ago, opening the doors for the more sophisticated deceptive struck "super fakes" to catch us all unawares. And before we recognized the threat many slipped into top tier TPG holders and major auction houses. We need to take the ownership of our Hobby back! And that can only be done through thought provoking posts like this that challenge our thought process going forward.</p><p><br /></p><p>And as a final thought, how many here would have immediately recognized this example as counterfeit? This one was in a top tier TPG holder and sold through one of the major auction houses; it matched an example sold on the Bay by one of my watched sellers and although I wasn't sure what was wrong I contacted my friends in the LSCC and now I know more about the series than I did- and this fake is in another top tier TPG holder; hopefully we can learn from our mistakes...</p><p><br /></p><p>[ATTACH=full]1071988[/ATTACH] </p><p>Best, Jack.[/QUOTE]</p><p><br /></p>
[QUOTE="Jack D. Young, post: 4148741, member: 93371"]I am on the OP's side of this one, but... I feel really strongly folks in this Hobby need to take ownership for their decisions- we all need to become "experts" of the coins we collect and lay out our hard earned cash on. If we take the responsibility to learn the varieties, die states and how to personally grade many of these mistakes could be avoided. And if you are outside of your expertise solicit the opinions of collectors with experience in that series or date. There are so many great specialized clubs (I am a member of EAC, C4 and LSCC), local coin clubs and specialized FB Groups out there that you can seek help or an opinion from why wouldn't you? IMHO many collectors as well as the TPG's became complacent several years ago, opening the doors for the more sophisticated deceptive struck "super fakes" to catch us all unawares. And before we recognized the threat many slipped into top tier TPG holders and major auction houses. We need to take the ownership of our Hobby back! And that can only be done through thought provoking posts like this that challenge our thought process going forward. And as a final thought, how many here would have immediately recognized this example as counterfeit? This one was in a top tier TPG holder and sold through one of the major auction houses; it matched an example sold on the Bay by one of my watched sellers and although I wasn't sure what was wrong I contacted my friends in the LSCC and now I know more about the series than I did- and this fake is in another top tier TPG holder; hopefully we can learn from our mistakes... [ATTACH=full]1071988[/ATTACH] Best, Jack.[/QUOTE]
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An examination of the counterfeit slab epidemic. Scope and advice.
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