APMEX Selling Counterfeit NGC Graded Coins

Hard to imagine that APMEX didn't realize this was fake before listing it on eBay. Verify at NGC shows a real 1 Pound coin with the correct dimensions. APMEX had it priced like a 1 Pound coin, but clearly the fake is meant to look like a 5 Pound coin instead.

I'm wondering if someone thought they were getting a great "deal" on what they assumed was a mechanical error at NGC with the coin incorrectly attributed on the holder. A close inspection of the coin online suggests it isn't real; the legend under the quadriga looks blobby and not well defined. Reasonably deceptive fake holder though.

APMEX has a disclaimer at the bottom of the eBay listing saying "This is not a photo of the actual item. The photos are meant to be an indication of the product you will receive". Trying to decide if the listing is a result of APMEX incompetence or outright consumer fraud using a digitally altered photograph to suggest the coin is five times bigger than it really is. In either case, it's unacceptable.

I sent a complaint to NGC. Will be interesting to hear what they have to say about it.

Pic of the real deal at bottom.




https://www.ebay.com/itm/116603211979

https://www.ngccoin.com/certlookup/3739012-002/63/

 

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I'm quite sure it's the same coin.

Sometimes APMEX slab pictures are not edited correctly and make the coin look smaller or larger than is proportionally correct.

They made that mistake with this 1855 Half Cent as well.
https://www.ebay.com/itm/146567697914