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Big batch of AUREII withdrawn from CNG
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<p>[QUOTE="Barry Murphy, post: 7873487, member: 79368"]I’m on vacation this week and can’t keep up with all the discussions. I see my comments on Facebook have made it here, so I don’t need to repeat them. I was actually going to create a thread on Cointalk this week about these coins. </p><p><br /></p><p>just a quick note before I head out today. </p><p><br /></p><p>These coins, while deceptive, aren’t perfect. The ones we graded at NGC we gave a 2 surface grade to because they had been heavily brushed. We missed the fact that the brushing was hiding a plug, but at least we didn’t say they were nice coins. Heritage is in the process of retrieving those coins and the consignor has not been paid. </p><p><br /></p><p>The CNG coins were also originally consigned to Heritage and submitted to NGC in June. That group was returned to heritage as repaired or Authenticity unverifiable due to the amount of work done on the coins. Heritage returned them to the consignor who then consigned them to CNG, obviously without our tickets. </p><p><br /></p><p>Now that I am aware of the work being done, I think I have a pretty good idea as to how to detect the repairs. I suspect there are some other coins out there that we have done in the past few months that may have unnoticed repairs. I will be looking for those. </p><p><br /></p><p>Repairing coins is not new, not limited to Ukrainian metal smiths and not limited to gold. I see repaired coins daily, many of which have come from major auctions. It takes a good eye and a lot of experience to notice the repairs, and a lot of time and die study to be able to prove the repair work. </p><p><br /></p><p>thanks to everyone here who originally alerted me to this Ukrainian site and bringing these repairs to my attention. </p><p><br /></p><p>Barry Murphy[/QUOTE]</p><p><br /></p>
[QUOTE="Barry Murphy, post: 7873487, member: 79368"]I’m on vacation this week and can’t keep up with all the discussions. I see my comments on Facebook have made it here, so I don’t need to repeat them. I was actually going to create a thread on Cointalk this week about these coins. just a quick note before I head out today. These coins, while deceptive, aren’t perfect. The ones we graded at NGC we gave a 2 surface grade to because they had been heavily brushed. We missed the fact that the brushing was hiding a plug, but at least we didn’t say they were nice coins. Heritage is in the process of retrieving those coins and the consignor has not been paid. The CNG coins were also originally consigned to Heritage and submitted to NGC in June. That group was returned to heritage as repaired or Authenticity unverifiable due to the amount of work done on the coins. Heritage returned them to the consignor who then consigned them to CNG, obviously without our tickets. Now that I am aware of the work being done, I think I have a pretty good idea as to how to detect the repairs. I suspect there are some other coins out there that we have done in the past few months that may have unnoticed repairs. I will be looking for those. Repairing coins is not new, not limited to Ukrainian metal smiths and not limited to gold. I see repaired coins daily, many of which have come from major auctions. It takes a good eye and a lot of experience to notice the repairs, and a lot of time and die study to be able to prove the repair work. thanks to everyone here who originally alerted me to this Ukrainian site and bringing these repairs to my attention. Barry Murphy[/QUOTE]
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