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Counterfeit PCGS Slab at local show.
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<p>[QUOTE="quarter-back, post: 1750846, member: 47022"]I understand the concerns with fake coins and, even worse, fake slabs. However, the attempts to counter-act the fake slabs actually may be enhancing the problem. It seems that about once a month someone comes out with a new slab style. Unfortunately, all of the variations just make them easier to counterfeit. Unless one is an expert in slabs, it is difficult to know which slabs may be counterfeits, and which may just be the latest thing that will "eliminate" the problem. It is far easier to fake a slab than it is to fake a coin. Look how many bad coins are purchased because the number checked out. In my opinion, the TPGs should pick a slab style and just stick to it, and then focus on getting hi-quality images of the coins. The vast majority of pre-modern coins can be identified by die markers such a mintmark position and shape, re-engraving patterns (very much overlooked in my opinion), die scratches, etc. I would rather buy a coin that could be identified by die variations than pay for a coin where I have to rely on identifying a real slab. My 1909-S Lincoln was purchased raw based on the repunched mintmark. The TPGs would better serve the community and probably enhance their value by putting hi-res images on their web sites. Server space has got to be cheaper that slab re-design. Given the ubiquity of cell-phones with web capabilities, nearly anyone could check a coin in minutes. That's my two-cent piece worth.[/QUOTE]</p><p><br /></p>
[QUOTE="quarter-back, post: 1750846, member: 47022"]I understand the concerns with fake coins and, even worse, fake slabs. However, the attempts to counter-act the fake slabs actually may be enhancing the problem. It seems that about once a month someone comes out with a new slab style. Unfortunately, all of the variations just make them easier to counterfeit. Unless one is an expert in slabs, it is difficult to know which slabs may be counterfeits, and which may just be the latest thing that will "eliminate" the problem. It is far easier to fake a slab than it is to fake a coin. Look how many bad coins are purchased because the number checked out. In my opinion, the TPGs should pick a slab style and just stick to it, and then focus on getting hi-quality images of the coins. The vast majority of pre-modern coins can be identified by die markers such a mintmark position and shape, re-engraving patterns (very much overlooked in my opinion), die scratches, etc. I would rather buy a coin that could be identified by die variations than pay for a coin where I have to rely on identifying a real slab. My 1909-S Lincoln was purchased raw based on the repunched mintmark. The TPGs would better serve the community and probably enhance their value by putting hi-res images on their web sites. Server space has got to be cheaper that slab re-design. Given the ubiquity of cell-phones with web capabilities, nearly anyone could check a coin in minutes. That's my two-cent piece worth.[/QUOTE]
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Counterfeit PCGS Slab at local show.
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