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<p>[QUOTE="lonegunlawyer, post: 1531237, member: 40282"]The counterfeit slab is disturbing. However, I believe the most important issue is: what would you grade the coin?</p><p><br /></p><p>A grade from a respected third-party grader is only a starting point for any serious collector. Investors, and many catering to investors, will almost always be prey to fakes, no matter the item.</p><p><br /></p><p>A serious collector will look at at least a few of a certain grade coin before purchasing (if possible, of course) because not all MS65 coins (or whatever the specific grade) are created equal. After inspecting several coins, the serious collector will purchase what he/she believes to be the "cherry" and probably not pay much more for it.</p><p><br /></p><p>Therefore, if the slab is fake (as long as the coin is real - as stated by another it is probably easier to fake the slab than the coin) the coin will have a better probability of receiving the hoped for grade rather than a lower one.</p><p><br /></p><p>My philosophy is, unless you have the funds, when a big price difference exists between one grade and the next (such as in many Morgan and Peace dollars), look for a great slabbed specimen of the lower grade and resubmit it to your grading company of choice.[/QUOTE]</p><p><br /></p>
[QUOTE="lonegunlawyer, post: 1531237, member: 40282"]The counterfeit slab is disturbing. However, I believe the most important issue is: what would you grade the coin? A grade from a respected third-party grader is only a starting point for any serious collector. Investors, and many catering to investors, will almost always be prey to fakes, no matter the item. A serious collector will look at at least a few of a certain grade coin before purchasing (if possible, of course) because not all MS65 coins (or whatever the specific grade) are created equal. After inspecting several coins, the serious collector will purchase what he/she believes to be the "cherry" and probably not pay much more for it. Therefore, if the slab is fake (as long as the coin is real - as stated by another it is probably easier to fake the slab than the coin) the coin will have a better probability of receiving the hoped for grade rather than a lower one. My philosophy is, unless you have the funds, when a big price difference exists between one grade and the next (such as in many Morgan and Peace dollars), look for a great slabbed specimen of the lower grade and resubmit it to your grading company of choice.[/QUOTE]
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