Fake NGC Slabs..... Options

[LostDutchman]

yeah.... thats right guys... these bad boys are coming out of china... they look really good... they are showing up on e bay...

you have to pay particular attention to the font and alignment of the insert....





notice how the "U" in "AU" on the original has a tail. The colors on the slabs are correct these colors have been changed to identify them as fakes.

[tommyd]

Matt --
What if they're not AU -- if the color is right then what about the alignment that gives it away??
--TOM

[LostDutchman]

here is what im talking about with the alignment

its really small differences in the font and spacing that gives it away

[gxseries]

Holy crap, that Japanese yen really does look fake from a far distance, afterall it's pretty scarce!

[Scottishmoney]

Gees, I wonder if they have lead paint in the holder?

[Hussulo]

Gees, I wonder if they have lead paint in the holder?

The main differences I can see in the fonts are :
On the real VF the F is narow.
and as Matt says "U" in "AU" on the original has a tail.

But it is getting scary. If NGC don't fix this they are going to loose a lot of credibility and trust.

[jtryka]

This will scare you more, here are the results of looking up the certs on NGC:

Certification # 2030704-002
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Date / Info 1798 LARGE EAGLE
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Denomination S$1
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Grade VF 20


and the second one:

Certification # 1515842-002
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Date / Info 1795 DRAPED BUST
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Denomination S$1
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Grade AU 55


They are taking real cert numbers and putting fake coins in the slabs. This could be a huge issue with the certified coin market/industry.

[Hussulo]

This will scare you more, here are the results of looking up the certs on NGC:

Certification # 2030704-002
--------------------------------------------------------------------------------
Date / Info 1798 LARGE EAGLE
--------------------------------------------------------------------------------
Denomination S$1
--------------------------------------------------------------------------------
Grade VF 20
and the second one:

Certification # 1515842-002
--------------------------------------------------------------------------------
Date / Info 1795 DRAPED BUST
--------------------------------------------------------------------------------
Denomination S$1
--------------------------------------------------------------------------------
Grade AU 55
They are taking real cert numbers and putting fake coins in the slabs. This could be a huge issue with the certified coin market/industry.

Wow! They realy are doing their homework.

[jtryka]

Here's the cert for the third one (the Yen):

Certification # 2151158-004
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Date / Info M3(1870) JAPAN TYPE 1
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Denomination YEN
--------------------------------------------------------------------------------
Grade MS 62

[LostDutchman]

i hadn't checked them yet... but i figured this would be the case.... i wonder if we can find more for sale on e bay?

[thedeadpoint]

bummer. thanks for the warning.

[thedeadpoint]

PS. Heritage is the only place I ever buy slabbed coins from. I wonder if they're good about checking.

[GDJMSP]

Has anyone actually asked NGC if these are fakes ?

[jtryka]

This has been discussed at length on the NGC boards (NGC Fake Slab Thread) and apparently NGC has become involved in getting these taken off of eBay, but you can read the details in the thread, there is a lot there!

[GDJMSP]

Thanks for the info Jeff - it's a sad day that it has come to this.

[sbvenman]

I do not agree with illegal acts (fake slabs), but this will correct the market's value of the slab. If more of these fakes do start turning up, the coin itself will again become the object of desire. The certificate and plastic are certainly reassuring, but to know for yourself that the coin you own is authenticate because of your own education is truly something I desire.

Just my 2 cents.

-Scott

[UncleBobo]

Is the fake slabbing only being done with counterfeit coins or are they also taking real coins and assigning them fake higher grades?

[jtryka]

I think it could be either, but since these all seem to be coming from China, it's more likely fake classic coins in slabs with reasonable grades as to not arouse too much suspicion. At least that would be my guess.

[Scottishmoney]

I do not agree with illegal acts (fake slabs), but this will correct the market's value of the slab. If more of these fakes do start turning up, the coin itself will again become the object of desire. The certificate and plastic are certainly reassuring, but to know for yourself that the coin you own is authenticate because of your own education is truly something I desire.

Just my 2 cents.

-Scott

I agree with you, but most people are speculators/investors and not purist collectors, so they like this tomb in plastic nonsense.

[Art]

WINS has some postings about fake ANACS slabs on ebay as well.