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<p>[QUOTE=&quot;CamaroDMD, post: 458872, member: 5233&quot;]I think this is a valid point, but we can&#039;t allow ourselves to be afraid of scammers.&nbsp; They are going to find new ways to scam no matter what.</p><p><br /></p><p>It seems to me that the people who don&#039;t have the knowledge drop big money on SGS coins because they have Morgan&#039;s in them with the MS68 number on the slab rather than the more expensive PCGS with the MS65 on the slab.&nbsp; They look at the number and the priceguide and think they are getting a deal on the SGS coin only to find out they have been taken.&nbsp; It&#039;s true that scammers might take a PCGS slab that says &quot;Genuine&quot; on it and say <i>&quot;This very rare 1891 Morgan Dollar has been slabbed as GENUINE by PCGS.&nbsp; The PCGS guide states that this coin in MS66 $16500 and in MS67 jumps to $40000!&nbsp; Be sure to grab this rare genuine piece of American history before it is gone.&quot;</i>&nbsp; But, they are going to have pitches like that no matter what.&nbsp; I know we have been telling people to trust PCGS and NGC and they should.&nbsp; But, you know the old saying...&quot;a fool and his money will soon be parted.&quot;&nbsp; People need to do the leg work to make sure they aren&#039;t getting ripped off.</p><p><br /></p><p>I would like it if on the slab the reason the coin was ungraded was stated.&nbsp; Like, if they said &quot;Genuine, Improperly Cleaned&quot; or something to say flat out that it is a problem coin.&nbsp; I don&#039;t know how they are going to do it.</p><p><br /></p><p>If it was my choice, this would include several things:</p><p>1. Clearly state the coin is genuine</p><p>2. Clearly state why the coin is a problem coin</p><p>3. Use different color label (such as red label for problem coins)</p><p>4. I&#039;d like a details grade (although this may aid scammers)</p><p><br /></p><p>It would also be perfectly fine with my if PCGS didn&#039;t extent this service to every coin.&nbsp; Maybe they should put out a list of &quot;rare&quot; or &quot;key&quot; coins that will provide this service for.&nbsp; For example, maybe PCGS shouldn&#039;t slab a problem 1891 Morgan Dollar because it is so common, but slabbing a problem 1893-S Morgan as genuine would be fine because the coin is so rare and valuable and there are so many fakes out there.</p><p><br /></p><p>I don&#039;t know, just a few thoughts.[/QUOTE]</p><p><br /></p>

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