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Will photographs of graded coins defeat counterfeiters?
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<p>[QUOTE="TypeCoin971793, post: 5562402, member: 78244"]NGC has been doing this for 12 years. PCGS will start soon.</p><p><br /></p><p><br /></p><p><br /></p><p>The reason they don’t want to do this is because the coins have left their hands and control. What if someone sends in a deceptive fake slab? What if someone sends in a slab that has been gassed (artificial toning)? What if someone switched out the coins? The TPGs would be liable for any of these they miss. That would mean that they would be effectively grading the coins again along with verifying the holder. That would grind normal grade submissions to a halt.</p><p><br /></p><p><br /></p><p><br /></p><p>It would probably bankrupt both businesses. Then we will no longer have any top-tier grading services protecting the hobby. Be careful what you wish for.</p><p><br /></p><p><br /></p><p><br /></p><p>It is precisely about counterfeit slabs.</p><p><br /></p><p><br /></p><p><br /></p><p>They aren’t just yet[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 5562402, member: 78244"]NGC has been doing this for 12 years. PCGS will start soon. The reason they don’t want to do this is because the coins have left their hands and control. What if someone sends in a deceptive fake slab? What if someone sends in a slab that has been gassed (artificial toning)? What if someone switched out the coins? The TPGs would be liable for any of these they miss. That would mean that they would be effectively grading the coins again along with verifying the holder. That would grind normal grade submissions to a halt. It would probably bankrupt both businesses. Then we will no longer have any top-tier grading services protecting the hobby. Be careful what you wish for. It is precisely about counterfeit slabs. They aren’t just yet[/QUOTE]
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Will photographs of graded coins defeat counterfeiters?
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