If you think they aren't getting smarter - how's your GSA CC
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8 posts in this topic

On 10/28/2021 at 11:14 AM, Mohawk said:

Very disturbing stuff.

Definitely.  The crooks are getting better at this sort of stuff.  ATS they have been discussing high priced fakes now in PCGS holders.  Getting scary.

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Two thoughts...

What the GSA holder's "problem" is its generic simplicity and indistictive look. They look like they were made for display; security likely was a secondary consideratiin. Fodder for those with creative instincts.

The reports about fakes in PCGS holders are going to wane as their latest generation security chip embedded holders with Near Field Technology [NFT] begin to infiltrate the market place.

Misc:  I bought a coin from a "historical company" with a little-known name and when I Googled it, the internet lit up (the same way North West Territories did) and I discovered it was totally disreputable, had cheated investors out of a lot of money and had since been dissolved, a development that can occur when you fail to do your due diligence as a collector. Luckily for me, it passed muster with a TPGS. 🐓 

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On 1/5/2022 at 7:12 PM, Quintus Arrius said:

Two thoughts...

What the GSA holder's "problem" is its generic simplicity and indistictive look. They look like they were made for display; security likely was a secondary consideratiin. Fodder for those with creative instincts.

The reports about fakes in PCGS holders are going to wane as their latest generation security chip embedded holders with Near Field Technology [NFT] begin to infiltrate the market place.

Misc:  I bought a coin from a "historical company" with a little-known name and when I Googled it, the internet lit up (the same way North West Territories did) and I discovered it was totally disreputable, had cheated investors out of a lot of money and had since been dissolved, a development that can occur when you fail to do your due diligence as a collector. Luckily for me, it passed muster with a TPGS. 🐓 

I quite like the chip idea. Assume the web link goes to a high quality photo of the coin? If not, I wonder how difficult it would be to open the holder and replace the coin with something inferior or counterfeit. Unfortunately this still doesn't protect buyers from counterfeits that fool TPGs.

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On 3/8/2022 at 12:59 PM, shaney777 said:

Assume the web link goes to a high quality photo of the coin?

At PCGS?  Probably not.  Although they are adding some more images, most PCGS slabbed coins don't have images associated with them.

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