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<p>[QUOTE="umtrr-author, post: 172296, member: 5719"]My father used to tell me that one of the reasons he left the hobby more than 20 years ago was that he was disturbed by the flood of fake ancient coins into the market. This was before slabs and established third party authentication (although reputable coin dealers certainly authenticated coins). </p><p><br /></p><p>This thread is pretty scary when you think about it, particularly for young collectors who may have to manuever in a world where you can't necessarily trust anything you see. I agree that fake slabs are easy, and of course we already have "fake slab companies" (need I name names?) and "fake dealers" (ahem, "as seen on TV"). </p><p><br /></p><p>Perhaps the course of digging into those treasure boxes and appreciating the history behind even one of those "20 for $1" coins is the way to go. I doubt that there would be too much market for counterfeit 10 Centime pieces, for example. </p><p><br /></p><p>And as several of our veteran members point out, collecting knowledge is very powerful. We may wind up back in a "evaluate it yourself" mode if fake slabs follow fake coins.[/QUOTE]</p><p><br /></p>
[QUOTE="umtrr-author, post: 172296, member: 5719"]My father used to tell me that one of the reasons he left the hobby more than 20 years ago was that he was disturbed by the flood of fake ancient coins into the market. This was before slabs and established third party authentication (although reputable coin dealers certainly authenticated coins). This thread is pretty scary when you think about it, particularly for young collectors who may have to manuever in a world where you can't necessarily trust anything you see. I agree that fake slabs are easy, and of course we already have "fake slab companies" (need I name names?) and "fake dealers" (ahem, "as seen on TV"). Perhaps the course of digging into those treasure boxes and appreciating the history behind even one of those "20 for $1" coins is the way to go. I doubt that there would be too much market for counterfeit 10 Centime pieces, for example. And as several of our veteran members point out, collecting knowledge is very powerful. We may wind up back in a "evaluate it yourself" mode if fake slabs follow fake coins.[/QUOTE]
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