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Sent 23 Morgans To CAC....The Results!
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<p>[QUOTE="Coinchemistry 2012, post: 2111654, member: 28107"]I think your logic is severely flawed. The fact that the orient may have stockpiled hoards of shoddily produced counterfeits says nothing about how deceptive they would be to a reasonably knowledgeable buyer, particularly in the U.S. And if someone is that oblivious (based on the Chinese fakes I have seen), then they should not be buying their own materials but should be buying through a dealer or other agent. (After all, slabs can be counterfeited too!). And I doubt gift buyers really care about CAC or any reassurance (see the next to last paragraph).</p><p><br /></p><p>What's more, the initial comment I responded to involved statements that the CAC sticker would reassure the buyers of the coins listed in the OP (most probably worth less than $200 each) in terms of authenticity. As I stated, I think the odds of a deceptive counterfeit being produced in those grades/dates/mint marks/varieties are very small. And if we are concerned about authenticity, then why is the TPG's opinion not enough? Unlike grading, which is highly subjective, authentication is usually fairly clearly cut (although admittedly there are exceptions). And even in the event of rare exceptions, the TPG, who is able to weigh the coin raw and examine its edges, etc., that are hidden by the slab, is in a much better position than CAC.</p><p><br /></p><p>So, again, I do not think the CAC sticker provides any real added assurances concerning the authenticity of coins which are unquestionably genuine and unlikely to be counterfeited at all. That is what I was trying to say.[/QUOTE]</p><p><br /></p>
[QUOTE="Coinchemistry 2012, post: 2111654, member: 28107"]I think your logic is severely flawed. The fact that the orient may have stockpiled hoards of shoddily produced counterfeits says nothing about how deceptive they would be to a reasonably knowledgeable buyer, particularly in the U.S. And if someone is that oblivious (based on the Chinese fakes I have seen), then they should not be buying their own materials but should be buying through a dealer or other agent. (After all, slabs can be counterfeited too!). And I doubt gift buyers really care about CAC or any reassurance (see the next to last paragraph). What's more, the initial comment I responded to involved statements that the CAC sticker would reassure the buyers of the coins listed in the OP (most probably worth less than $200 each) in terms of authenticity. As I stated, I think the odds of a deceptive counterfeit being produced in those grades/dates/mint marks/varieties are very small. And if we are concerned about authenticity, then why is the TPG's opinion not enough? Unlike grading, which is highly subjective, authentication is usually fairly clearly cut (although admittedly there are exceptions). And even in the event of rare exceptions, the TPG, who is able to weigh the coin raw and examine its edges, etc., that are hidden by the slab, is in a much better position than CAC. So, again, I do not think the CAC sticker provides any real added assurances concerning the authenticity of coins which are unquestionably genuine and unlikely to be counterfeited at all. That is what I was trying to say.[/QUOTE]
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Sent 23 Morgans To CAC....The Results!
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