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<p>[QUOTE="CoinMike747, post: 1691627, member: 37415"]Greetings fellow numismatists,</p><p> </p><p> After some time surfing the internet, I stumbled upon something that was quite a shock. Now, I have heard of Chinese counterfeiters producing fake PCGS and other grading company slabs, but never thought much of it. Today however changed the way I see the counterfeit coin industry. A known online counterfeit coin store,</p><p> link here: <a href="http://www.aliexpress.com/wholesale?SearchText=coins&catId=0&initiative_id=SB_20130417172801" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.aliexpress.com/wholesale?SearchText=coins&catId=0&initiative_id=SB_20130417172801" rel="nofollow">http://www.aliexpress.com/wholesale?SearchText=coins&catId=0&initiative_id=SB_20130417172801</a></p><p>is selling this coin,</p><p>link here: <a href="http://www.aliexpress.com/item/PCGS-AU50-1889-CC-Morgan-coin/666985659.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.aliexpress.com/item/PCGS-AU50-1889-CC-Morgan-coin/666985659.html" rel="nofollow">http://www.aliexpress.com/item/PCGS-AU50-1889-CC-Morgan-coin/666985659.html</a></p><p>A PCGS graded 1889-CC Morgan Dollar supposedly graded at AU50. Real AU50 1889 carson citys normally go for around $5000, but these sell for a fraction of the normal cost. He not only is selling this, but also has listed many other rare key date coins from the U.S and around the world. This coin does not have the word "copy" distinguishing it from the real deal. Are these photographs of actual coins, but the seller sends something completely different? Are these going to be flooding the market? Should we be worried? Or is this just old news? Feel free to share any comments or opinions.</p><p><br /></p><p>Thanks,</p><p> CoinMike747[/QUOTE]</p><p><br /></p>
[QUOTE="CoinMike747, post: 1691627, member: 37415"]Greetings fellow numismatists, After some time surfing the internet, I stumbled upon something that was quite a shock. Now, I have heard of Chinese counterfeiters producing fake PCGS and other grading company slabs, but never thought much of it. Today however changed the way I see the counterfeit coin industry. A known online counterfeit coin store, link here: [URL]http://www.aliexpress.com/wholesale?SearchText=coins&catId=0&initiative_id=SB_20130417172801[/URL] is selling this coin, link here: [URL]http://www.aliexpress.com/item/PCGS-AU50-1889-CC-Morgan-coin/666985659.html[/URL] A PCGS graded 1889-CC Morgan Dollar supposedly graded at AU50. Real AU50 1889 carson citys normally go for around $5000, but these sell for a fraction of the normal cost. He not only is selling this, but also has listed many other rare key date coins from the U.S and around the world. This coin does not have the word "copy" distinguishing it from the real deal. Are these photographs of actual coins, but the seller sends something completely different? Are these going to be flooding the market? Should we be worried? Or is this just old news? Feel free to share any comments or opinions. Thanks, CoinMike747[/QUOTE]
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