Here is lot 55 in CNG eAuction 380: http://www.cngcoins.com/Coin.aspx?CoinID=316944 and here is a forgery listed on Odysseus' blog "numismaticfakes: https://numismaticfakes.wordpress.com/tag/segesta/ I have notified Victor England.
IMHO, This is the exact same coin in both photos. It is a before and after removing some corrosion. Anyone disagree?
It's the same picture. Perhaps one image was saved and lost some resolution or otherwise had minor changes to the color, but both are CNG's auction images.
Yes, they are the same coin. Odysseus' blog lists the coin as being previously sold in CNG eAuction 367, lot 152 for $500 on a $150 estimate. Now it is being offered again. Time to shoot this coin down for good!
If I ruled the world, I would make it a law, where a coin was absolutely confirmed that it was a fake, it would be returned to the consignor, stamped "fake". But maybe that is the red talking. Off to bed.
For what it's worth: I have concerns about the safety of "Odysseus". In a frightening PM on May 20, he told of the prevalence of forgery workshops throughout Europe and indicated that the manufacture of forgeries is an enormous industry generating millions of dollars annually. He confirmed hints in an earlier PM that several experts who publicly disclose forgeries have been threatened with violence against them and their families by criminal elements. He also gave examples of auction houses who deal intimately with known criminals. Odysseus posted actively to this forum until May 28 and to his blog numismaticfakes until June 22 and then he disappeared. I sent him a PM on June 20 and an email on July 3 asking if he was alright and I have received no replies.
Oh great, and I just registered with CNG. Guess I got to check around first if I want to bid on anything really expensive.
The auction house really can't do that. They don't own the coin; it remains the property of the consignor.
Odysseus mentioned in a post that a deeply stamped design like the reverse of this coin is a sign it was done using a hydraulic press. Hope he is ok.
Good to hear, still a bit weary when it comes to high dollar coins. I wonder what they do with the counterfeit coins after they pull them from auctions.
Unfortunately not much they can do except send them back to consignors and(hopefully) add them to the various fake databases.
We return them to the consignor. Realistically though, they sit on my desk for a few months. Returns are pretty much at the bottom of my to-do list. Actually, it looks like I might be personally to blame for the reappearance of this lot. It was marked in our database as fake, but not on the coin ticket. I probably put it up in the wrong pile on my desk and kicked it back into a sale.