Discussion in 'US Coins Forum' started by ToughCOINS, May 20, 2019.
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The slab is not fake . . . The coin is on the PCGS website.
My guess is PCGS will buy the slabbed coin from L&C (assuming they were not the submitter), in order to chase reimbursement from the creator of the coin via the submitter in their records.
FS and Wexler had their opinion so lets not jump the gun just yet. That said PCGS and L&C would very likely have no issue working something out if necessary
I feel a little bad you wasted so much time looking for something that doesn't exist. Being a coin dealer can be a little frustrating at times can't it
Of course, but it can sometimes be frustrating to be a collector too, can it not?
Yeah for sure, a lot less for me personally since I don't sell very often which to me is the frustrating part. But then things happen like to me a few weeks ago. After probably a year of casual hunting for the right 3CS I found one I loved. 2 days later I found one I loved more and now have an expensive duplicate and have to be a seller. Why couldn't I find the preferred one two days earlier!?
So easy for you to ass the buck. Your telling me that once there is a FS and a Wexler number PCGS no longer has to authenticate the coin? Aren't they in the business to keep fakes and reproductions from being sold as real?
Or are they only there to grade coins?
Which one? Cause calling me a troll also isn't going to work.
Yeah, almost as bad as paying big for a variety on a customer's want list, only to cherry-pick the same variety a few weeks later . . .
Good effort to refocus the discussion @C-B-D . . . I'd like to see more plausible explanations from anyone who still believes the coin is a real product of the US Mint.
They did authenticate it to the FS and Wexler number.
The rest of your post isn’t worth responding to
Not really points been made. If the trolls wanna troll someone else can deal with them now not worth any more of my time
I want it to be known that I do not think that slabbing this (fake) coin makes PCGS a whole bunch of incompetent hooligans. My point is only that they share some of the blame in finalizing the authentication. However, they will stick to their guarantee, as expected, and I find that to be nothing short of integrity.
The three graders grading and authenticating the coins are not the ones who pull out the references. They have specialists who do the variety attributions separately.
I’m not the clueless one here, nor am I the one trolling.
I am NOT back pedaling. You obviously did not read my posts.
My original comment was in response to you deflecting all possible blame for PCGS’ graders authenticating this coin. And to foster your point, you ignored absolutely everything that was inconvenient to your position and tried to say things that I clearly did not say. It is obvious you are trying to effect damage control, and you are not doing a very good job at it.
Was the individual in charge of variety attributions given bad information? Yes. But the variety attributions are completely decoupled from the grading process, leaving the authentication responsibility to the three graders who graded the coin. They let it slip. PCGS is not faultless. But this does NOT define their business as a whole. End of story.
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