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An examination of the counterfeit slab epidemic. Scope and advice.
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<p>[QUOTE="geekpryde, post: 4156840, member: 36248"]Awesome Post, well written, details, helpful. I love seem original content like this on CT.</p><p><br /></p><p>My two very small critiques.</p><p><br /></p><p><br /></p><p><br /></p><p>In the very old days, eBay kept the pictures and detail of listing up for a very long time (years), possibly forever. Well, that changed quite a few years ago, and the images actually go away fairly quickly now. So trying to use an eBay auction to check photos against is mostly useless, unless the legitimate listing took place within the last 90 days.</p><p><br /></p><p>I think listing other large auction sites that DO keep the listing photos essentially forever, that are also well respected, trusted companies that probably rarely if ever have a fake coin slip past them. I think it would be helpful if you add these to you great article, so readers could have another legitimate source to check their coins against decent photos, as part of a multi-pronged approach to research the past history of a coin they are buying.</p><p><br /></p><p>For example, <a href="http://www.stacksbowers.com/Pages/Home.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.stacksbowers.com/Pages/Home.aspx" rel="nofollow">Stack's Bowers</a>. This company unfortunately does not make searching for TPG cert numbers in their archives easy, however, if its a PCGS coin and it was ever auctioned by SB, then is is very likely listed on P<a href="https://www.pcgs.com/cert" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/cert" rel="nofollow">CGS certification verification site</a>, and it will link you directly to the old listing with pictures, including in most cases, slab pictures. You could also manually search the coin by typing in the date, mintmark, grade, etc. and pulling up the several examples and matching against your coin. I would say if the coin is of sufficient value, this small annoyance is worth the time.</p><p><br /></p><p>Also, I understand your point in the TPG trying to minimize the data mining abilities of the fakers, but in my mind, NGC has it wrong and PCGS has it correct. NGC new system is annoying and frustrating, it hampers legitimate buyers more than it slows down the data miners. PCGS system is faster, easier, and provides better overall information, and great photos when available to check against. NGC photos are laughably bad, unless you pay them. Keep in mind, I am no NGC hater, I am a member who submits to them. It's just the reality, <a href="https://www.ngccoin.com/certlookup/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ngccoin.com/certlookup/" rel="nofollow">NGC certificate verification</a> system does more harm than good, as people are less likely to use it when needing to lookup a whole slew of certs quickly, like I do when hunting auctions and placing bids. I honestly think NGC didn't even put it in place to prevent the Fakers at all, it was other sorts of companies they were trying to slow down. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>These are minor points, and your overall post if excellent and extremely helpful. Many members will benefit from this info, I only hope they actually take the time to research purchases and gain skills to try and minimize the risk of buying fake coins, fake slabs, or worse, BOTH.[/QUOTE]</p><p><br /></p>
[QUOTE="geekpryde, post: 4156840, member: 36248"]Awesome Post, well written, details, helpful. I love seem original content like this on CT. My two very small critiques. In the very old days, eBay kept the pictures and detail of listing up for a very long time (years), possibly forever. Well, that changed quite a few years ago, and the images actually go away fairly quickly now. So trying to use an eBay auction to check photos against is mostly useless, unless the legitimate listing took place within the last 90 days. I think listing other large auction sites that DO keep the listing photos essentially forever, that are also well respected, trusted companies that probably rarely if ever have a fake coin slip past them. I think it would be helpful if you add these to you great article, so readers could have another legitimate source to check their coins against decent photos, as part of a multi-pronged approach to research the past history of a coin they are buying. For example, [URL='http://www.stacksbowers.com/Pages/Home.aspx']Stack's Bowers[/URL]. This company unfortunately does not make searching for TPG cert numbers in their archives easy, however, if its a PCGS coin and it was ever auctioned by SB, then is is very likely listed on P[URL='https://www.pcgs.com/cert']CGS certification verification site[/URL], and it will link you directly to the old listing with pictures, including in most cases, slab pictures. You could also manually search the coin by typing in the date, mintmark, grade, etc. and pulling up the several examples and matching against your coin. I would say if the coin is of sufficient value, this small annoyance is worth the time. Also, I understand your point in the TPG trying to minimize the data mining abilities of the fakers, but in my mind, NGC has it wrong and PCGS has it correct. NGC new system is annoying and frustrating, it hampers legitimate buyers more than it slows down the data miners. PCGS system is faster, easier, and provides better overall information, and great photos when available to check against. NGC photos are laughably bad, unless you pay them. Keep in mind, I am no NGC hater, I am a member who submits to them. It's just the reality, [URL='https://www.ngccoin.com/certlookup/']NGC certificate verification[/URL] system does more harm than good, as people are less likely to use it when needing to lookup a whole slew of certs quickly, like I do when hunting auctions and placing bids. I honestly think NGC didn't even put it in place to prevent the Fakers at all, it was other sorts of companies they were trying to slow down. ;) These are minor points, and your overall post if excellent and extremely helpful. Many members will benefit from this info, I only hope they actually take the time to research purchases and gain skills to try and minimize the risk of buying fake coins, fake slabs, or worse, BOTH.[/QUOTE]
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An examination of the counterfeit slab epidemic. Scope and advice.
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