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Dwight Manley Warns of “Frighteningly Deceptive Counterfeit”
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<p>[QUOTE="brg5658, post: 2277047, member: 29751"]NGC has graded and slabbed more than 30 million coins. Counting the one pictured in this thread, I have seen probably 10 or 20 even remotely passable fakes of NGC slabs. I'll take those odds. And, there is nothing that can't really be examined properly on a coin in an edge view holder.</p><p><br /></p><p>Faked slabs are NOT made to fool experts and well seasoned numismatists. They are made to fool newbies or those buying blindly. In which case, for a person who is new to the hobby, I can guarantee you that the probability of buying a fake coin raw is MUCH higher than buying a fake coin in a slab. Of course, a newbie may also not know what a coin's true value is, and may overpay for slabbed material -- but that is a different topic.</p><p><br /></p><p>I have lots of raw and slabbed coins -- but I also know what I'm doing in terms of grading and authenticity. The comment of being "<i>very glad to have avoided collecting slabbed coins for the duration of my numismatic life</i>" has no bearing on the issue in this thread -- it implies that you somehow avoid fakes by only buying raw coins -- which is nonsense.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 2277047, member: 29751"]NGC has graded and slabbed more than 30 million coins. Counting the one pictured in this thread, I have seen probably 10 or 20 even remotely passable fakes of NGC slabs. I'll take those odds. And, there is nothing that can't really be examined properly on a coin in an edge view holder. Faked slabs are NOT made to fool experts and well seasoned numismatists. They are made to fool newbies or those buying blindly. In which case, for a person who is new to the hobby, I can guarantee you that the probability of buying a fake coin raw is MUCH higher than buying a fake coin in a slab. Of course, a newbie may also not know what a coin's true value is, and may overpay for slabbed material -- but that is a different topic. I have lots of raw and slabbed coins -- but I also know what I'm doing in terms of grading and authenticity. The comment of being "[I]very glad to have avoided collecting slabbed coins for the duration of my numismatic life[/I]" has no bearing on the issue in this thread -- it implies that you somehow avoid fakes by only buying raw coins -- which is nonsense.[/QUOTE]
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