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<p>[QUOTE=&quot;mlov43, post: 2538854, member: 16729&quot;]I know someone here at CT recently posted about a coin he submitted that a TPG refused to make a judgement on.&nbsp; The TPG was suspicious about the coin&#039;s countermark.</p><p><br /></p><p>A close up of the countermark on this 100 Hwan coin shows the Korean word, &quot;견 양,&quot; for specimen. South Korean coins with these specimen countermarks have seen much higher realized prices than those without specimen countermarks in the same condition. Often there is a two- or three-fold price difference. The Krause Catalog cites these counter-marked Hwan coins as “bank samples,” and says that some quantity of these coins “in uncirculated condition were countermarked… for distribution to government and banking agencies.” </p><p><br /></p><p>I always wondered: How hard have the Third Party Grading (TPG) grading companies scrutinized these countermarks in the past?&nbsp;&nbsp; Do the TPGs have diagnostics for all of the counter marked coins that they cite and grade as such?&nbsp; After all, someone with the fabrication skills to make a metal punch could just do so and make her own &quot;bank samples&quot; out of some non-countermarked South Korean coins, and then turn these doctored coins around for a nice profit.&nbsp;&nbsp; I think I&#039;m kinda negative sometimes, but it would make me think twice before investing in one of these...</p><p>[ATTACH=full]543764[/ATTACH][/QUOTE]</p><p><br /></p>

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