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<p>[QUOTE="Vess1, post: 21345464, member: 13650"]<b>Ok, long post, be warned!</b></p><p><br /></p><p> I can't speak for PCGS because I don't know either way but if you send a coin to NGC now, they do photograph both sides for their photographic database after encapsulation, even if you don't select to pay for high quality photos. The photos they take are decent enough, when enlarged, to make out specifics to at least verify that it is the coin that went through there. I don't know what year they started doing this but sometime around when they began edgeview slabs because they all seem to be in there. Non-edge view slabs and before are not on there, at least as far as I can tell. Just the number, what it was and grade. (Which is better info than nothing.)</p><p><br /></p><p> As to the original post, the concerns brought up are valid. It sounds a bit panicked though, possibly unnecessarily. For sure counterfeits, counterfeit slabs are a problem. The larger the purchase, the more research I do. I do use the TPG databases to ensure they match what I'm buying at a minimum. I trust the TPGs to get it right. If they grade a coin that turns out to be a fake they will purchase it back. The vast majority of what's out there is real with fakes sprinkled in. That's the key.</p><p><br /></p><p> I don't buy raw coins much but still do occasionally in an attempt to beat the system and get a better coin submitted to NGC to add to my registry. I actually just sent some in today after about a two year break. My biggest headache is trying to find an attractive piece I can submit that has not been cleaned or messed with. Which almost every loose coin available has in many series out there. Why a lot of them aren't in slabs and why this seems nearly impossible to do. Even if you have a good hunch you just send it off and cross your fingers. </p><p><br /></p><p> It may not be much consolation but there are MANY options out there for you to collect that are never going to be capable of being counterfeited. It really depends on what you collect. The details factor plays a role and you often have to pay attention to it anyway to know what you're getting. Look at all the coins out there that experts have figured out known die marriages for. Every coin is like a finger print. There's base details and diagnostics to look for from when it was made. </p><p> There's color, toning, spotting, stains, nicks, dings, scuffs, die cracks, letter/number arrangements, that individualize them to identify them in a TPG data base. Or online or in books. I may be wrong but there are many overdates and doubled dies that I really don't think would be attempted to be replicated and if they were, they wouldn't look authentic. I don't think any fakes are replicating die cracks. Most of these will have mulitple diagnostics beyond the die cracks. </p><p> The first coin I bought as an adult was a CBH with an overdate in a 2x2. In VG condition with scratches. I think I gave $85 for it. It's still interesting. Could it be a fake? I highly doubt it. I still have it and finally sent it in since I'll probably save it forever anyway and it will be in a spot in my type set. I bring it up because I think this would be an example of one that may never have a fake. I could be wrong, but would it be worth the trouble to try to get right when there's so many easier more valuable options? Could they get a 42/1 Merc right? Would they do an 1882-O/S Morgan? I know they will fake cheap coins too like modern quarters and have seen them. So I suppose anythings possible. The ones with very specific diagnostics will be much harder if not impossible. </p><p><br /></p><p> Changing gears here to the US Mint.... I've found a way to enjoy what they provide, when they deserve it. In no way is the US Mint a collecting priority to me. There are years I buy nothing from them. There are years I've purchased a lot from them. Some years I might only get one thing that interested me. With so much product, you can't worry about it all. Just skim the product list and see if anything grabs you. Then if it's too expensive just skip it. I think people who were used to the old days feel obligated to try to get everything they offer and there's just no point in that at all. </p><p><br /></p><p> They offer a huge variety of things and most of it I will never care about. Sometimes they come out with something I do like. Given that these are the places that all of the classics originated from it does have a place and it's a year in your life you are experiencing. Somebody down the line may appreciate what you bought. The mint has over-used this appreciation people have for them but it is what it is. The propensity for their modern proofs to spot has me shying away from them. Reverse proofs while simply less risk of spotting becaue of less mirror finish avaiable to spot, are a little safer, but not immune. But that's a different topic for another day... </p><p><br /></p><p> I can look at a coin and it makes me remember a period of time in my life around when I purchased it. Some more than others of course. That's kind of neat to me. I like photographing coins as well so it serves as an almost secondary hobby to me. </p><p><br /></p><p> Theres a ton of risks in life. Do you still drive a car despite the risk of accident? Do people not get married because they might get divorced? Do you not take a job because you might get fired? Do you never buy a coin because it might be a fake? Where does that rank in the aforementioned list? </p><p><br /></p><p> After careful consideration will you accidentally buy ten fakes in your life? Two? One? If you bought one that was $2k, and couldn't get your money back does that ruin the rest of your collection? Does it ruin your life? It would suck but you could still move on. It seems most people aren't very worried about it. People that know much less than you. If it's really too worrisome, set a new ceiling you're more comfortable with and have less risk.</p><p> </p><p> I go through life with the perspective that it's pretty short. Do what you enjoy and what matters to you. I'm with you on the frustration though. It shouldn't be this hard. Human nature has a way of creeping into everything and ruining it.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 21345464, member: 13650"][B]Ok, long post, be warned![/B] I can't speak for PCGS because I don't know either way but if you send a coin to NGC now, they do photograph both sides for their photographic database after encapsulation, even if you don't select to pay for high quality photos. The photos they take are decent enough, when enlarged, to make out specifics to at least verify that it is the coin that went through there. I don't know what year they started doing this but sometime around when they began edgeview slabs because they all seem to be in there. Non-edge view slabs and before are not on there, at least as far as I can tell. Just the number, what it was and grade. (Which is better info than nothing.) As to the original post, the concerns brought up are valid. It sounds a bit panicked though, possibly unnecessarily. For sure counterfeits, counterfeit slabs are a problem. The larger the purchase, the more research I do. I do use the TPG databases to ensure they match what I'm buying at a minimum. I trust the TPGs to get it right. If they grade a coin that turns out to be a fake they will purchase it back. The vast majority of what's out there is real with fakes sprinkled in. That's the key. I don't buy raw coins much but still do occasionally in an attempt to beat the system and get a better coin submitted to NGC to add to my registry. I actually just sent some in today after about a two year break. My biggest headache is trying to find an attractive piece I can submit that has not been cleaned or messed with. Which almost every loose coin available has in many series out there. Why a lot of them aren't in slabs and why this seems nearly impossible to do. Even if you have a good hunch you just send it off and cross your fingers. It may not be much consolation but there are MANY options out there for you to collect that are never going to be capable of being counterfeited. It really depends on what you collect. The details factor plays a role and you often have to pay attention to it anyway to know what you're getting. Look at all the coins out there that experts have figured out known die marriages for. Every coin is like a finger print. There's base details and diagnostics to look for from when it was made. There's color, toning, spotting, stains, nicks, dings, scuffs, die cracks, letter/number arrangements, that individualize them to identify them in a TPG data base. Or online or in books. I may be wrong but there are many overdates and doubled dies that I really don't think would be attempted to be replicated and if they were, they wouldn't look authentic. I don't think any fakes are replicating die cracks. Most of these will have mulitple diagnostics beyond the die cracks. The first coin I bought as an adult was a CBH with an overdate in a 2x2. In VG condition with scratches. I think I gave $85 for it. It's still interesting. Could it be a fake? I highly doubt it. I still have it and finally sent it in since I'll probably save it forever anyway and it will be in a spot in my type set. I bring it up because I think this would be an example of one that may never have a fake. I could be wrong, but would it be worth the trouble to try to get right when there's so many easier more valuable options? Could they get a 42/1 Merc right? Would they do an 1882-O/S Morgan? I know they will fake cheap coins too like modern quarters and have seen them. So I suppose anythings possible. The ones with very specific diagnostics will be much harder if not impossible. Changing gears here to the US Mint.... I've found a way to enjoy what they provide, when they deserve it. In no way is the US Mint a collecting priority to me. There are years I buy nothing from them. There are years I've purchased a lot from them. Some years I might only get one thing that interested me. With so much product, you can't worry about it all. Just skim the product list and see if anything grabs you. Then if it's too expensive just skip it. I think people who were used to the old days feel obligated to try to get everything they offer and there's just no point in that at all. They offer a huge variety of things and most of it I will never care about. Sometimes they come out with something I do like. Given that these are the places that all of the classics originated from it does have a place and it's a year in your life you are experiencing. Somebody down the line may appreciate what you bought. The mint has over-used this appreciation people have for them but it is what it is. The propensity for their modern proofs to spot has me shying away from them. Reverse proofs while simply less risk of spotting becaue of less mirror finish avaiable to spot, are a little safer, but not immune. But that's a different topic for another day... I can look at a coin and it makes me remember a period of time in my life around when I purchased it. Some more than others of course. That's kind of neat to me. I like photographing coins as well so it serves as an almost secondary hobby to me. Theres a ton of risks in life. Do you still drive a car despite the risk of accident? Do people not get married because they might get divorced? Do you not take a job because you might get fired? Do you never buy a coin because it might be a fake? Where does that rank in the aforementioned list? After careful consideration will you accidentally buy ten fakes in your life? Two? One? If you bought one that was $2k, and couldn't get your money back does that ruin the rest of your collection? Does it ruin your life? It would suck but you could still move on. It seems most people aren't very worried about it. People that know much less than you. If it's really too worrisome, set a new ceiling you're more comfortable with and have less risk. I go through life with the perspective that it's pretty short. Do what you enjoy and what matters to you. I'm with you on the frustration though. It shouldn't be this hard. Human nature has a way of creeping into everything and ruining it.[/QUOTE]
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