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<p>[QUOTE=&quot;Seattlite86, post: 4178810, member: 59737&quot;]Great, someone else called something an epidemic because of 80% growth over five years. Doesn&#039;t suddenly mean it applies here,&nbsp; and if that&#039;s the only proper definition of an epidemic, I guess coronavirus isnt one. You get the point. I provided my definition for an epidemic and you&#039;re welcome to disagree with that, but it doesn&#039;t make either of us any more right, or more wrong. We simply end up disagreeing, because you&#039;re trying to say anything can be an epidemic, and if everything is, nothing is.</p><p><br /></p><p>You still have zero data from any reliable source that can provide even an estimate on fake slabs. I reject your 2.5% because it is merely speculation and an effort to plug a one size fits all into something that doesnt work. First of all, that number is significantly higher than your previous guesses and you&#039;re only using it because you googled until you found two articles that used the word epidemic. You went from a few ten thousand to now over 1.5 million fake slabs??</p><p><br /></p><p>Furthermore, you didn&#039;t even read the OECD study that article linked to, you just blindly quoted it. The summary bullet of 2.5% is misleading, and if you weren&#039;t so hasty, you&#039;d have caught it. The 2.5% wasn&#039;t a physical comparison (as in 25 for every 1000 things are faked), but that the 2.5% is a percentagr of the global import values, half a trillion dollars. This is exactly what I&#039;m talking about, where you just throw random stuff together and try to sound authoritative on the subject. 2.5% of mechanical pencils are not knock offs. It doesnt work that way.</p><p><br /></p><p>Let&#039;s discuss some probabilities.&nbsp; Is it more likely that the average, beginner collector will run across a fake coin or a fake slab? Is it more likely they will come across a raw problem coin being represented as problem free or a fake slab? Is it more likely that a coin they look at in a genuine slab is real or fake? There are exceptions to the rule, but exceptions do not create new rules, they are accepted as exceptions.</p><p><br /></p><p>I reject your conclusion that it is no longer safe to buy PCGS slabs, because you failed to articulate and demonstrate any sort of significant or measurable problem (to the contrary, you&#039;ve admitted that the issue is not very large but someday could be). I reject it because you downplay security measures taken by PCGS, and overstate risks to buyers. The likelihood of buying a fake PCGS slab is not even close to the likelihood of buying a problem or counterfeit raw coin. Is there risk to buying a certified coin? Yes. Is that risk for PCGS bigger than NGC? I think you&#039;ve made a solid case that it&#039;s a yes. Is that risk so large that we should be telling people it&#039;s not safe to buy PCGS slabs? Absolutely not, or at the least, you certainly haven&#039;t demonstrated that to be the case.[/QUOTE]</p><p><br /></p>

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