Link to counterfiet PCGS slab/Morgan (MS65)

I just wanted to give everyone the heads up on this seller.
The buyer of the coin recieved it and confirmed with PCGS that it is fake.

I am not going to tell you that the seller is dirty, but his "Private" auctions with Chinese sellers certainly looks suspicious.
Buyer beware, and if you have a list of bad eBay sellers, you might just update it to be safe. Your choice.

http://www.ebay.com/itm/250944826782?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649

 

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They need to update their database then, which reflects it as certified: http://www.pcgs.com/Cert/25576631/

 

No, that is a proper cert number, however the counterfeiters have used an existing cert number and added it to their slab. No one in their right mind would buy a $7k+ coin without at least checking PCGS, so highjacked cert numbers are a must for counterfeiters of high end items like this.

Question to the OP, how did you determine this coin to be fake?

 

is the cert# a duplicate ?

 

if i received a counterfeit coin that did not say copy i would get ahold of the F.B.I. . especially at that price

 

Yeah, but they noted the eBay sales date that matches the ebay auction pointed out where the counterfeit one was sold. I can understand if someone hijacks a serial number to use but they should have some type of notes on counterfeit ones in the database when searching, at least reported and verified counterfeit ones, etc.

 

How do you know its fake?

 

The coin isn't counterfeited, the serial number used on the slab is. It's for them to take a non graded MS65 Morgan dollar and pass it off to increase the value of it.

 

Why? The database is almost certainly correct. The problem is the slab in the auction is reported to NOT be the slab in the database. The people who fake these things use real serial numbers and grades from real slabs. So checking them in the PCGS database is worthless. Checking the NGC database can be a little better, if the coin has been slabbed in the last three years or so. Because for these recent slabs they have photos of the slabs linked in the database. If the photo is good enough that you can match up markers on the coin and the photo then you know you are good. If the photos are good and the coin doesn't match then you know it's fake. If the photos aren't good enough to tell for sure then you don't know anything.

 

why not just have it graded then ?

 

Because the coin likely isn't in that grade they want to pass it off as and they want to rip people off.

 

Pictures would help the PCGS but what I'm concerned about is, PCGS actually references the eBay auction, which apparently is a counterfeit. That's why I said, they need to update their database records.

 

So far every fake slab I have heard of has had a fake coin in it, but it would be a simple matter to use a fake slab and a real coin that doesn't make the grade. I'm surprised they don't do that because it would make it easier to pass the fake slabs.

 

The pictured coin on the auction was REAL. The seller used real pics of the real coin.
The coin received was NOT the coin in the pics, however the cert number was the same!
The buyer confirmed with PCGS... (The thread is on another coin forum. I don't know if I am allowed to post a link to another board here, so if you want the link to the discussion, PM me.)

Seller's image of the real coin:

 

I guess if you own a slab in question, have it re slabbed

 

thank for the info OP

 

Okay, so perhaps the seller found pics or took pics of the coin that they did not possess, created the auction, sold the coin and just used the same serial number to try and pass it off as the graded coin. Nice! So, if PCGS knows who submitted the coin, they likely can contact them and let them know someone is trying to use the serial number for their graded coin, etc. And if that seller sold it, I'm sure they have a paper trail that can lead them to the legitimate and current owner. Then they can still update their database and wipe the eBay sales auction as a reference, which would indicate to some people the one sold in the auction was real.

 

The coin is not even a convincing counterfeit either.
The date and the stars are a dead giveaway. It doesn't even look silver.

 

Wow, that Morgan in the fake slab looks like a VF/EF at best. Oy Vey, what a beeoch this must have been for the buyer! Was he/she able to get their $ back? And given that the coin received was not the coin in the photo, it removes any doubt whether the seller was an innocent bystander or a full blown criminal.

 

Yeah, you don't "accidentally" send the wrong coin (counterfeit as well) at such a price without knowing full well you're trying to rip someone off!