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Will photographs of graded coins defeat counterfeiters?
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<p>[QUOTE="Gam3rBlake, post: 5561511, member: 115909"]Well I mean they should at least do it cheaply. Or maybe at a big discount if the coin is over say $1000 to help prevent counterfeiters from faking “big money” coins.</p><p><br /></p><p>Being scammed with a fake MS-62 1938D Buffalo nickel is far less damaging as being scammed by say a fake MS66 1878 CC Morgan Dollar.</p><p><br /></p><p>Better yet maybe offer that one service as a paid service but NOT requiring someone to have a membership to use it.</p><p><br /></p><p>That would make their job a lot smaller since a majority of coins are under $1,000 and they’d still be able to make a little bit on it since it doesn’t take any real numismatic experience to take a photograph. The grader doesn’t have to do it. They just send it off to be photographed after it’s graded so it won’t slow them down much. A machine could take photos 24/7 at high speed and any unskilled technician would just have to set the coin on the machine. A 5 year old could do that.</p><p><br /></p><p>Or they could put the burden on the seller. If a seller wants to convince a buyer their coin is real they’ll have to send it in to get photographed.</p><p><br /></p><p>Sellers who chose not to have their coins photographed could still sell them but people would just have to prove they are real some other way. Most likely by having a good reputation and offering some sort of return policy.</p><p><br /></p><p>I just know as a buyer myself if I see a photo of a coin matches the coin in my hand down to the toning and individual scratches and dings I know it’s real without having any knowledge of being able to detect counterfeits.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 5561511, member: 115909"]Well I mean they should at least do it cheaply. Or maybe at a big discount if the coin is over say $1000 to help prevent counterfeiters from faking “big money” coins. Being scammed with a fake MS-62 1938D Buffalo nickel is far less damaging as being scammed by say a fake MS66 1878 CC Morgan Dollar. Better yet maybe offer that one service as a paid service but NOT requiring someone to have a membership to use it. That would make their job a lot smaller since a majority of coins are under $1,000 and they’d still be able to make a little bit on it since it doesn’t take any real numismatic experience to take a photograph. The grader doesn’t have to do it. They just send it off to be photographed after it’s graded so it won’t slow them down much. A machine could take photos 24/7 at high speed and any unskilled technician would just have to set the coin on the machine. A 5 year old could do that. Or they could put the burden on the seller. If a seller wants to convince a buyer their coin is real they’ll have to send it in to get photographed. Sellers who chose not to have their coins photographed could still sell them but people would just have to prove they are real some other way. Most likely by having a good reputation and offering some sort of return policy. I just know as a buyer myself if I see a photo of a coin matches the coin in my hand down to the toning and individual scratches and dings I know it’s real without having any knowledge of being able to detect counterfeits.[/QUOTE]
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