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Would you pay a five-digit figure for a counterfeit Morgan?
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<p>[QUOTE="HandsomeToad, post: 678351, member: 12965"]Howdy peeps, <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p> </p><p>We've been talking about counterfeits quite a bit lately and I was wondering who all here would consider paying a five-digit figure for a counterfeit Morgan? I think it's safe to assume that 100% said NO, but currently there are 4 bidders on this one and it's currently at $26,550.00:</p><p> </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2F1889-CC-MORGAN-DOLLAR-BEAUTIFUL-COIN-FREE-SHIPPING_W0QQitemZ330356689971" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2F1889-CC-MORGAN-DOLLAR-BEAUTIFUL-COIN-FREE-SHIPPING_W0QQitemZ330356689971" rel="nofollow">http://cgi.ebay.com/1889-CC-MORGAN-DOLLAR-BEAUTIFUL-COIN-FREE-SHIPPING_W0QQitemZ330356689971</a></p><p> </p><p>But that seller loves to sell counterfeits as authentic, so why stop there, when there's so many bidiots willing to fork over their money:</p><p> </p><p>1877 IHC:</p><p> </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260448969918" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260448969918" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260448969918</a></p><p> </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260460317525" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260460317525" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260460317525</a></p><p> </p><p>1909-S VDB Lincoln:</p><p> </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D330349942947" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D330349942947" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=330349942947</a></p><p> </p><p>1916-D Mercury:</p><p> </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260448729843" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260448729843" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260448729843</a></p><p> </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D330352032487" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D330352032487" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=330352032487</a></p><p> </p><p>1893 Isabella Quarter:</p><p> </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D330345657300" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D330345657300" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=330345657300</a></p><p> </p><p>1900 Lafayette Comm:</p><p> </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260460328547" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260460328547" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260460328547</a></p><p> </p><p>Then there all the fake Morgans he's sold, but you can look at his feedback to see those. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p> </p><p>There are so many peeps out there buying up this numistrash and sometimes they happen to be members here and hopefully, with all the threads on counterfeits, ALL members here should learn to be cautious of a high dollar coin and to not only examine the coin carefully, but the seller as well and as is obvious, there are 4 peeps that must not have looked at the seller's feedback or they would have seen the 2 recent Neg's left for fake Morgans but even at that, many peeps will trust the PCGS slab and not even realize it's also a fake and knowing the crew here on CT, the first question out of most peeps mouth here is, "How do you know it's a fake?" :goof: The best rule of thumb is to not buy fuzzy pics and this seller has shown he's capable of taking clear pics, so why would anyone sell coins with fuzzy pics, when they know how to take clear pics? But that's not all. When buying a high-dollar coin from an "unknown source" you should also check the source and since this is a high grade Morgan, chances are it has sold at a major auction house at some point in its life, so check them to see if it sold thru them and for how much:</p><p> </p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=1102&Lot_No=1045&src=pr" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=1102&Lot_No=1045&src=pr" rel="nofollow">http://coins.ha.com/common/view_item.php?Sale_No=1102&Lot_No=1045&src=pr</a></p><p> </p><p>So it sold over a year ago for a little over 40 grand and now it's on Ebay for 25 grand. Sounds reasonable, doesn't it? :goof: Maybe, just maybe, by now the potential buyer is concerned enough to compare slab labels to verify they are the same and that's when the cookie crumbles. :hatch:</p><p> </p><p>Please peeps, do not trust slabs! There are so many fake ones running around, the odds are you've seen several and don't know it. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> And I just got word last week that a seller of fake slabs, that CFE outed earlier this year, is now running the coin show circuits and is unloading them at coin shows, so be vigilant at ALL TIMES and do not let your guard down! :hammer:</p><p> </p><p>Ribbit <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p> </p><p>Ps: You can thank Terry for this:</p><p> </p><p><a href="http://myworld.ebay.com/thlbj" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://myworld.ebay.com/thlbj" rel="nofollow">http://myworld.ebay.com/thlbj</a></p><p> </p><p>He found it and did the research. :bow:[/QUOTE]</p><p><br /></p>
[QUOTE="HandsomeToad, post: 678351, member: 12965"]Howdy peeps, :) We've been talking about counterfeits quite a bit lately and I was wondering who all here would consider paying a five-digit figure for a counterfeit Morgan? I think it's safe to assume that 100% said NO, but currently there are 4 bidders on this one and it's currently at $26,550.00: [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2F1889-CC-MORGAN-DOLLAR-BEAUTIFUL-COIN-FREE-SHIPPING_W0QQitemZ330356689971"]http://cgi.ebay.com/1889-CC-MORGAN-DOLLAR-BEAUTIFUL-COIN-FREE-SHIPPING_W0QQitemZ330356689971[/URL] But that seller loves to sell counterfeits as authentic, so why stop there, when there's so many bidiots willing to fork over their money: 1877 IHC: [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260448969918"]http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260448969918[/URL] [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260460317525"]http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260460317525[/URL] 1909-S VDB Lincoln: [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D330349942947"]http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=330349942947[/URL] 1916-D Mercury: [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260448729843"]http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260448729843[/URL] [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D330352032487"]http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=330352032487[/URL] 1893 Isabella Quarter: [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D330345657300"]http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=330345657300[/URL] 1900 Lafayette Comm: [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26item%3D260460328547"]http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260460328547[/URL] Then there all the fake Morgans he's sold, but you can look at his feedback to see those. :D There are so many peeps out there buying up this numistrash and sometimes they happen to be members here and hopefully, with all the threads on counterfeits, ALL members here should learn to be cautious of a high dollar coin and to not only examine the coin carefully, but the seller as well and as is obvious, there are 4 peeps that must not have looked at the seller's feedback or they would have seen the 2 recent Neg's left for fake Morgans but even at that, many peeps will trust the PCGS slab and not even realize it's also a fake and knowing the crew here on CT, the first question out of most peeps mouth here is, "How do you know it's a fake?" :goof: The best rule of thumb is to not buy fuzzy pics and this seller has shown he's capable of taking clear pics, so why would anyone sell coins with fuzzy pics, when they know how to take clear pics? But that's not all. When buying a high-dollar coin from an "unknown source" you should also check the source and since this is a high grade Morgan, chances are it has sold at a major auction house at some point in its life, so check them to see if it sold thru them and for how much: [URL]http://coins.ha.com/common/view_item.php?Sale_No=1102&Lot_No=1045&src=pr[/URL] So it sold over a year ago for a little over 40 grand and now it's on Ebay for 25 grand. Sounds reasonable, doesn't it? :goof: Maybe, just maybe, by now the potential buyer is concerned enough to compare slab labels to verify they are the same and that's when the cookie crumbles. :hatch: Please peeps, do not trust slabs! There are so many fake ones running around, the odds are you've seen several and don't know it. ;) And I just got word last week that a seller of fake slabs, that CFE outed earlier this year, is now running the coin show circuits and is unloading them at coin shows, so be vigilant at ALL TIMES and do not let your guard down! :hammer: Ribbit :) Ps: You can thank Terry for this: [URL]http://myworld.ebay.com/thlbj[/URL] He found it and did the research. :bow:[/QUOTE]
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Would you pay a five-digit figure for a counterfeit Morgan?
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