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An examination of the counterfeit slab epidemic. Scope and advice.
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<p>[QUOTE="Gallienus, post: 4151031, member: 42034"]Very interesting OP. I occasionally <u>try</u> [i.e. once or 2x per year] to buy an interesting slabbed US coin but simply don't go through the number of US slabs to be able to tell the difference. There appears to be little problem [yet] with the esoteric world coins that I buy but also I'd like to get an occasional US coin. For example I love the older Liberty Seated and Bust types but really don't have too many nice unc examples of these.</p><p><br /></p><p>This means that unless one's a frequent buyer of US slabs, like all these guys who are constantly buying and flipping coins, it's going to be very difficult to buy a common slabbed US coin: even from a major auction firm. Yes I know the major auction firms guarantee the authenticity of purchases but what about genuine coins in fake slabs. This will also have consequences for buying coins at shows and conventions.</p><p><br /></p><p>For example with that 1872-S half dollar in I'm guessing ms-64 or 65 grade. A 64 is $7,000 with a 65 at $16,000. Yet I would have never guessed it was a counterfeit from the style of the "S".[/QUOTE]</p><p><br /></p>
[QUOTE="Gallienus, post: 4151031, member: 42034"]Very interesting OP. I occasionally [U]try[/U] [i.e. once or 2x per year] to buy an interesting slabbed US coin but simply don't go through the number of US slabs to be able to tell the difference. There appears to be little problem [yet] with the esoteric world coins that I buy but also I'd like to get an occasional US coin. For example I love the older Liberty Seated and Bust types but really don't have too many nice unc examples of these. This means that unless one's a frequent buyer of US slabs, like all these guys who are constantly buying and flipping coins, it's going to be very difficult to buy a common slabbed US coin: even from a major auction firm. Yes I know the major auction firms guarantee the authenticity of purchases but what about genuine coins in fake slabs. This will also have consequences for buying coins at shows and conventions. For example with that 1872-S half dollar in I'm guessing ms-64 or 65 grade. A 64 is $7,000 with a 65 at $16,000. Yet I would have never guessed it was a counterfeit from the style of the "S".[/QUOTE]
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An examination of the counterfeit slab epidemic. Scope and advice.
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