CAC has a problem there just as much as the TPGs do because they're endorsing the counterfeits at the grades for the market. Otherwise, what use are they? CAC should incur liability to the buyers just as much as the TPGs do when they do that.
No they are JUST commenting of the grade assigned which is what they are paid to do. They are not paid to render an opinion on authenticity, the TPG's are. If they make a mistake on their opinion on the grade that would be a problem for them. A problem with authenticity is up to the TPG to settle.
I tried to start just a thread at https://www.cointalk.com/threads/po...-with-my-1872-s-hd.389198/page-4#post-8125789 I have actually learned a lot in response so far.
then they would know to look better, they should already be trying to do their best, this would nullify the results, it has to be double blind
I strongly disagree with @Thomas Mozilla: Why would you let them know, they are supposed to be the best at what they do and if they are not IT SHOULD BE POINTED OUT. JMO Semper Fi Phil
I partially agree with your comment but most likely many of the best don't work at a TPG. That's why we need people like @Jack D. Young to point stuff like this out.
True. “Supposed” is key word. I spend an enormous amount of time gaining knowledge on how to grade coins my hope is that TPG at least attempt to hire QUALIFIED graders and prior to turning them loose on us they at least work with a senior grader for a period of time. Semper Fi and Merry Christmas to all work view this.
Wow, that's pretty bad. Hard to believe it got slabbed. Compare the lettering on the reverse to a real one.
Pick-ups in My Coin Week article at: https://coinweek.com/counterfeits/f...ated-counterfeit-1882-great-britain-shilling/
Ha, the real example in your article is the same coin I pulled up from Heritage. Like you say, lots of other differences. The blank missing detail between the hair and the bun catches my eye, as well as the incuse appearance of the hairband when it should have a raised edge.
In order to authenticate a coin it is necessary to know what a genuine looks like. So IMHO , this is the type of that ANYONE who is not blind can say to "pile on:" KBBPLL, posted: "Wow, that's pretty bad. Hard to believe it got slabbed. Compare the lettering on the reverse to a real one." The fact is that 99.9% of the folks posting here that collect US coins and possibly including myself (without having the coin under the scope) would not have a clue that coin was a counterfeit! Now, give anyone with a "good eye" the fake and the genuine an the result would be different. Question: Is it fair to test the TPGS by submitting a known counterfeit to see if it will be slabbed.? Jack and I have had this conversation before. The first time I saw him post a TPGS mistake still in the slab I jumped down his throat and accused him of everything under the sun. The reason is, all of you are the eyes of numismatics. You evaluate everything that comes out of a TPGS - for different agendas. Some wish to prove how smart they are and I'll guarantee there are specialized collectors who know more about their field than any professional in the business. Others, act as outside consultants who quietly help rid the world of known and NEW fakes that easily defy detection at first. IMO, Jack does both. He alerts the TPGS's while collecting their mistakes. Those slabbed as genuine by a TPGS are the most deceptive at the time and not the crap that fools 95% of collectors. They make the best collectibles. IMO, it would be better to show the fake outside the slab at the same time as alerting the TPGS of their error and publishing the deceptive fake for the rest of us. BTW, if things keep going as they are now, Jack will be adding many more specimens into his collection.
Regardless of the motive, identifying the counterfeits benefits everyone except the counterfeiters, their co-conspirators and their first victims. The last is the only one I have sympathy for. I cannot identify counterfeits so the chances I have pick up one along the way are pretty good; however, since I mostly concentrate on the rarer varieties, my odds are better than typical since the counterfeiters seem to focus on higher grade common "mother'" coins for their transfer dies and then clean them up or do their artificial aging on them. I actually purchased one coin which was suspect believing it to be genuine. Now I've forgotten which one. I intended to give it to Jack if it turned out to be counterfeit, but I have to hope it's genuine instead.