Whoops, ICG slabbed a fake coin

[the_Thing ®]

web page

 

 

 

[JamminJ]

Is that a big money coin?

 

-JamminJ

[the_Thing ®]

JJ, its a somewhat rare coin. If it were genuine, and in that kind of shape, you would be looking at, I believe, about a $600.00 coin.

[gmarguli]

What makes you think it is fake?

[the_Thing ®]

 

JJ, its rarer than I thought. Here is an authentic example

 

web page

 

 

Greg, I would of had suspicions about it due to the surfaces, and the poor quality, but I found out about it on a forgeries discussion list I'm on. Its a documented fake.

[the_Thing ®]

What makes you think it is fake?

 

 

And, I know this might sound goofy, but it just doesn't look right.

[JamminJ]

It has a very neat design.

Does ICG have a guarentee policy regarding holdering fakes?

 

-JamminJ

[the_Thing ®]

I'm not sure if they do or not, but its going to be interesting to find out. ICG, the seller, bidders, and ebay were all notified by somone on the forgeries list I'm on. I'm curious to see what happens.

[JamminJ]

Thier website talks about a grading guarentee (except for copper and clerical errors) but they make no mention of an authenticity guarentee.

 

-JamminJ

[the_Thing ®]

Seems like they would want to make it right. That could be very bad publicity for them.

[gmarguli]

I'm not a fan of ICG at all, but I believe they will make good on this coin. I believe they do have a guarantee for this.

[the_Thing ®]

Doesn't the goofy guy in the funny hat own ICG?

[JamminJ]

Doesn't the goofy guy in the funny hat own ICG?

 

 

Jame Taylor, listed as president of the company.

 

I'd also be surprised if they didn't make good on the coin.

 

-JamminJ

[gmarguli]

I think he is just an employee. I'm not sure if he owns it.

[the_Thing ®]

Doesn't the goofy guy in the funny hat own ICG?

 

 

Jame Taylor, listed as president of the company.

 

I'd also be surprised if they didn't make good on the coin.

 

-JamminJ

 

 

He has a serious wardrobe issue.

[Hoot]

It seems that if a grade guarantee applies to the coin as identified in the holder, then it should naturally cover identity. After all, if the coin is incorrectly identified, then the grade is incorrectly applied.

 

I suppose that one could look at it from the viewpoint that the grade is correct for the coin as identified, but that mistake lies with the grading service, not the submitter or owner. The conditions of grade often apply to a particular issue, so if the coin is a fake, then those conditions change.

 

Just my rambling thoughts. Hoot

[truthteller]

Maybe the holder is fake as well? There were known to be altered PCGS holders.

 

 

 

 

TRUTH

[the_Thing ®]

Well, the seller pulled the auction, so that is good.

[HaydenTubbs]

Actually,several folks are listed as founders:James Taylor,Keith Love,and Walt Armitage.(I think that's all)So I think it's made up of these 3 co-owners.

ICG will most definately make right.They're a very reputable company.

[midwest]

Just a note I know that all the top people in the company own the company but it may be that all the employees own the company.Just go to there website find there number give them a call and they will fix it in a jif.ICG is good at coustomer service.