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CU sues dealer over fake coins, PCGS Slabs
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<p>[QUOTE="medoraman, post: 1067511, member: 26302"]I have seen the fake slabs done both ways, I have seen multiples of the same SN, and I have seen more expensive ones only have one copy of a valid SN per batch. Of course, the ones not repeatedly copying the same SN cost more, but are also much more dangerous since someone cannot simply publish the fake SN the Chinese are using.</p><p><br /></p><p>What is even more dangerous about all of this is by slabbing, collectors lose the ability to study most aspects of a coin that could tell you its a fake, like weight, diameter, edges, etc. A fake slab is much more dangerous than a fake coin because of this.</p><p><br /></p><p>I am not a fan of TPG'ers, but I would never wish something like this on them because of the damage this will do to the entire industry. Once the general public is of the opinion that slabbed coins are suspect, how many new collectors do you think there will be? Until our country forces the Chinese to do something about this, I am afraid it will just get worst and worst. Shutting down one distributor will not stop it, because there are always 10 greedy people willing to take their place.</p><p><br /></p><p>Indeed scary stuff.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1067511, member: 26302"]I have seen the fake slabs done both ways, I have seen multiples of the same SN, and I have seen more expensive ones only have one copy of a valid SN per batch. Of course, the ones not repeatedly copying the same SN cost more, but are also much more dangerous since someone cannot simply publish the fake SN the Chinese are using. What is even more dangerous about all of this is by slabbing, collectors lose the ability to study most aspects of a coin that could tell you its a fake, like weight, diameter, edges, etc. A fake slab is much more dangerous than a fake coin because of this. I am not a fan of TPG'ers, but I would never wish something like this on them because of the damage this will do to the entire industry. Once the general public is of the opinion that slabbed coins are suspect, how many new collectors do you think there will be? Until our country forces the Chinese to do something about this, I am afraid it will just get worst and worst. Shutting down one distributor will not stop it, because there are always 10 greedy people willing to take their place. Indeed scary stuff.[/QUOTE]
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