This PCGS Graded Coin Scam is Costing People Big Money on EBAY!
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- เผยแพร่เมื่อ 16 ต.ค. 2024
- I found 2 more fake PCGS slabbed coins on EBAY. They were from the same seller. The seller also had what I believe is a fake 1893 S Morgan dollar as well. Please leave your feedback on what you thing about the coins. I reported all 3 listings and I am happy to say that they have all 3 been taken down:)
Update! I have great news! All 3 listings have been taken down!!:) please be very careful when purchasing coins online (even graded coins!)
What did you write to ebay to get them taken down? Each time I've come across fakes, I'll send off a report, but have never gotten ebay to take down the listing. Curious what the magic words are. Most often the fakes I come across are a seller in China with zero feedback and the barcode & qr codes either photoshop burred out or an item placed on top of the slab covering it up. And the items stay up through completion.
@@ah5836 I’m not sure how what I said worked. You can’t even write out what you are reporting the listing on. I just picked that the listing appeared fraudulent and it was taken down by the following day. I’m not sure if the seller actually took it down or if eBay removed it. I’m just glad those listings are off eBay!
Good job, keep an eye out they will be back using different name etc. I have reported numerous fake American Silver Eagles from China. Ebay takes no action and let's the auction continue. Guess they like to get their fees!
@@rbyum6254 you are right! These scammers often use multiple accounts. Great job on catching fake silver eagles. I know there are a lot floating around!
Oh ok Fakery on the coins.. That's sad
Those people belong in prison for about 10 years and then they won’t think they’re so cute counterfeiting coins. That’s what we used to do. EBay needs to be dealt with, too, because they are clearly lazy at best and an accomplice at worst. They are too busy making billions to care if we are robbed. Imagine if this kept happening every single day at your coin shop, I’ll bet you that the Treasury Dept would have something to say to you.
I agree! If we don’t punish these scammers then they will keep doing it. Hopefully things will change but I doubt it unfortunately.
Really awesome job on spotting all the problems with these coins, Jadon! The newer slabs do have that emblem you showed instead of the barcode. The one problem that sticks out on the Trade Dollar that I noticed is The "genuine" tag on the obverse. That is usually only used when the coin in question isn't gradeable. It would be stated on the reverse of the coin, "Genuine Not Gradeable". Then on the obverse, It would state genuine (like it does), but what's missing is the reason for the "ungradeable" part (like it was cleaned), and then it would state what "graded" details would of been if it was gradeable (like VF Details). None of that info shows on the obverse here. Thanks for your due diligence on spotting these fakes and getting them taken down!
Thank you for the info! You are 100% right about the trade dollar. I forgot that PCGS puts genuine not gradeable when the coin is only graded as Genuine. Thank you for pointing this out and for your feedback:)
@@jadonnoble5621 The whole "spacing of the letters" thing you noticed on the obverse was something I WOULDN'T of noticed before this! I was at a coin show this weekend and that was one of the things I focused on, so I thank you for that pickup!
@@silverchupacabra73 im glad I could help! Seeing these fake pcgs holders has really opened my eyes to the important of looking at holders before buying. I’m glad that people are starting to spot these fakes and are being more careful when buying graded coins:)
This 'slabbing' is such a load of crap, it's a CON in itself! How much do you pay them per coin?? HOW is a coin 'Not Gradeable'????
Saw some guy in a hoodie at the post office dropping off a small box and arguing with the clerk because he wanted to send the package with one letter as a name and wanted to have something done for him that wasnt allowed and made some comments to the clerk saying " sometimes their can be shady people" ? I assumed it was a coin being how I was sending back the cleaned CC Morgan GSA slab that I got to the seller it came from and made a comment to the guy in the hoodie saying "its not as easy sending off a coins safely nowadays" and he then turned around and asked me if I buy Coins? Which was an odd response, but I went along with it and said " yeah im sending one off right now" (even though its a return) and he instantly said " I have a raw 1879CC that I want to sell" instantly I thought theres no way someone wouldn't grade a coin of this caliber first, and after watching this video its a for sure thing he was probably getting his coins from the same place this ebay seller is getting them. Great video and very informative as to what are the tale tale signs on how to spot a fake slabed coin which most people would fall for being how anything slabed by pcgs is usually safe bet. And sorry for the long story too😅
Very interesting story. There are definitely a lot of people out there that are trying to take advantage of others. It was a good thing you stayed clear of that guy. Any really high end coins like a 79 cc should be graded before being sold.
@@jadonnoble5621 very very true! Thanks for the response, 🙂 I went ahead and subscribed too!
Great Work Jadon! Keep calling these scammers out! These videos teach the community what to look for when shopping. ❤🔥🔥🔥❤ 👍
Thank you! It is unfortunate that I have found a decent bit of scams lately, especially on “graded” examples. Scammers are definitely getting more clever at getting people to fall for their traps!
@@jadonnoble5621 Yeah - with prices being so high. They are coming out of the woodwork!
Thanks for an excellent, informative, interesting, and most of all, important video! Outstanding! I'm glad I have discovered you and your channel.
Thank you for the positive feedback! I’m glad you enjoy my content. Thanks for watching!
WOW - you did great - the spacing on the letters AND the lack of mint mark are OBVIOUS - I agree with you 100%...this HAS to be a fake !! The Trade Dollars are an item that is FREQUENTLY faked so good catch on that one too !! Nice job - we need to weed these sellers out since they damage all of us honest folks in the hobby - thanks for sharing and being willing to stand up !!
Thank you! I agree! We need to weed these scammy sellers out so they don’t take advantage of our hobby and collectors!
Thank you for identifying the problems on these coins and making people aware of this!
Thank you! I’m glad I could help!
Thank God for you being a detailed collector! You saved people from getting robbed, THANK YOU! I got scammed on a 1888-s Morgan from a fraud seller on ebay. Ebay honored the money back guarantee after I took the coin to get authenticated.
Thank you for the kind words! Unfortunately there is a lot of fakes out there and it’s important to know what to look for. I’m glad eBay honored your return. They are usually pretty good at backing the buyer but you definitely want to be careful!
I’m glad there are good people like yourself that are bringing these scamming buggers to light , they need a good kick up the arse
Good eyes, and thanks for reporting these items. I did want to point out that some of the PCGS holders DO have that RFID tag logo instead of the QR code.
Thank you for the feedback. You are correct. After I made the video I looked at a really recent graded PCGS coin I had and it had the RFID tag logo instead of the QR code. The different generation holders have slight differences but the spacing, font and overall how the coin is held has stayed pretty consistent.
Good catch man, I think you have all valid points and would agree it's a fake. I think these are becoming more and more knocked off, sucks for collecting...
Thank you! Yes, unfortunately this is not the first time I have seen these fake PCGS graded coins floating around on eBay. Scammers are getting much better at what they do and are taking advantage of collectors. This is bad for the hobby but if people can identify whether the holder is real or not before buying they will make sure that they are getting an authentic coin graded by PCGS.
Great catch, it is so sketchy buying on eBay. I do buy a lot of coins there, but I have had to return a few. Excellent job!!
Thank you! Yes, it can be somewhat sketchy buying on eBay but eBay is very good at backing the buyers and if you know what to look for when buying, you shouldn’t get scammed very often. That’s why I am making these videos so people don’t fall for these scams.
Good catch!! Thanks for notifying us. I’m a new collector. I’m so glad you made this. Thanks again. Have a blessed day.
Thank you! I’m glad I could help!
Definitely looks like those coins were cast in a mold and not struck with a die.
That makes sense. The details are bad and everything looks bigger and flatter. Also the pitting on the coins is a red flag. I agree that they were definitely not struck. Thank you for the feedback!
That's awesome I really appreciate you doing this because it takes a really bright individual to observe these details that many of the general population would of truly noticed these signs
I report these coins scammers all the time ....good job Jadon.
Thank you! That’s what we have to do to get the to hopefully stop!
ROCK ON WITH YOUR BADSELF!!! Special place for SCAMMERS!!!
Just a question...Is it possible to pull up the coin on PCGS . I'm sure if it's real and rare there should probably be pictures taken. Or can scanning the bar code help?
Yes, you can look up the PCGS certification number. If the coin has the PCGS gold shield then it should have true views of the coin. You can look at the true views and see if they match the coin you are purchasing.some scammers have gotten really good with their fakes and have used real pcgs certification numbers that match the exact coin and exact grade but don’t have true views. This is why it’s important to look at the pcgs holder itself to make sure it isn’t fake.
If this coin was real it would NEVER grade AU. It might great VF or something - I have seen pitting in some of the worn genuine coins - but there is no way this is real at all.
Very true! The coin doesn’t even match the grade it was given. It’s definitely fake.
I have seen more and more fake coins on EBAY lately. Keep up the good work.
Thank you! Unfortunately, this isn’t the first time I have seen these fake PCGS holders on eBay.
eBay should employ permanent staff who specialize in different areas, and their sole function would be to scan listings for fakes (and not just wait for them to be reported).
For such a large and wealthy company, you'd think they could employ a handful of specialists.
That would be great if they would. Unfortunately, eBay is more about profits than preventing scams:(
Unfortunately that would result in even higher fees for buyers and sellers. They don’t want to put up the money to do it right, that’s why it’s critical to do your homework before buying, especially online
Please drop a link to a news article of one of these scammers being brought to justice. Is there information publicly available about the number of coin counterfeiters arrested by Secret Service per year?
The scary part is if you are in a hurry at a coin show you can easily miss some of these little points to look for. You are naturally going to look much closer at a rare expensive coin but if you are buying a MS65 1881-s Morgan. My concern is not as much counterfeit coins as I am concerned about pushing a semi better coin up an extra grade for a better than average price below bid. This could ruin the market completely
@@randallkarlin4115 thank you for the feedback. Yes, this could definitely be an issue!
Great catch. Thanks for letting us know about these
Thanks for watching!
Thanks for letting me know the extent this is happening... really makes me worry about future purchases. Lately I've been only buying slabs from a trusted source who really sends them in... also I subbed! I feel like we can learn something from eachother for sure.
Thank you for the support! That is the best thing to do tbh. You will most likely never get scammed from a trusted seller. If you know what to look for when buying then you should also most likely never get scammed.
@Jadon Noble yup, it seems the people who get scammed most are online buyers who are searching for the EXTREMELY rare coins on a weekly basis, the rarer the coin and more a person wants said coin the more I imagine this happens trying to get the real deal. I really didn't think it was this bad tho where certain sellers where seriously prowling on collectors with fake stuff, truly hope they get reported every time someone realizes they're selling fake coins
We've all heard it said, and it stands true....Buy the coin, NOT the holder. Verify, Verify, Verify.
That is very true. It’s important to verify that the coin is real and make sure that the holder it’s in is real! These scammers are making it more difficult to spot fake coins these days.
Nice video, the easiest way to verify a coin is to type the certificate number into PCGS or NGC and compare the coin to the Trueviews if the have images. So scammers are lazy enough that the certificate numbers dont match anything at all or the wrong coin. The trueview of that 1872 CC is easily distinguishable from the ebay listing.
Yes, that is true. Some of these scammers have gotten good at using real serial numbers that match the coin in the holder at least somewhat. I was mostly focusing on how the case itself was completely wrong. Thank you for the feedback!
Great video as always! Thank you for calling out these sellers.
Thank you and thanks for watching!
Nice work! The dirt cheap price shows they're doing it on purpose.
The CC on the trade dollar looks off to me.
I agree! The tail tail sign for me was the 1893 S Morgan. No one would ever sell that coin raw. If that coin graded MS 60 it would be worth over $100,000 easy. To have it listed for $2000 or best offer is very telling that the seller knew they were scamming and had fake coins. Thank you for the feedback!
Nice work. Thank you. You gave me a new thing to do in my spare time.
Thanks for watching! I’m glad I could help!
Those certification numbers are both issued by PCGS, so they put the effort in to use real numbers. The Seated dollar shows as an 1872 though, not an 1872 CC.
People have been commenting about that. I actually didn’t even look up the certification number but that is definitely important to do. I do know that these scammers have gotten to the point to where they are using actual serial numbers on their fake holders. That’s why it is also supper important to look at the holder itself and compare it to a authentic holder and make sure that the font and details of the case match. Thank you for the feedback!
What do you get when you type the number into the pcgs database?
For the seated dollar it shows up an AU 50 seated dollar with no cc I believe. The trade dollar shows a 1874 cc with AU details and chop marks. Close but definitely not the same!
I've been reporting these guys as well. This isn't the only one. A fraudulent seller that lists a bunch of rare coins pops up under a different name every couple of weeks. We need to work together and police this because ebay won't... although they have been good about taking these scammers down.
You are right! I have seen someone using different accounts to sell high end Morgan. Proofs on eBay but he says don’t bid on the product but go through his email instead. Very shady and scammy!
That spacing is called “kerning”
Thank you for the info. I didn’t know that
Good job, bud!!! I got scammed before, and it sucks.
I think the easiest way to tell the fake, is not only the obvious, like you said, no CC mint mark on the Coin lol, but checking the holder itself. Without the engraved initials PCGS on the bottom right hand corner of the holder.
Otherwise, great work 👏 👍🏽 👌🏾
I hate to see anyone be taken advantage of. Appreciate your work sir
Agreed! Looking at the holder itself is still very important when purchasing a coin.
Scammers are Everywhere! Good job Jadon! Regards JJ
Can’t tell the difference between the two because one coin is magnified and the other is just shown as it is at regular size.
What may look different to you but is not as apparent to us.
PCGS holders have their logo etched on the plastic in the lower right corner and sometimes the shield on the lower left. The ones in the Ebay ad you are showing don't have them.
When I looked up the serial number on PCSG the first coin (1872) PCGS does not mention a mint mark. The 1872, with no mint mark, according to PCGS, is worth $1150 and $950 in redbook. If it was a real 1872cc it would be worth $11,000 (11k) according to redbook.
The second coin, the 1874-cc, the description on PCGS is AU Details (95 scratch) and also mentions a chop mark. PCGS does not give a price on this coin, probably because of the Details grade, but redbook prices an AU50 at $1150.
This is a variation of the bait and switch scam.
I noticed that both holders did not have the PCGS logo etched in the plastic. Thank you for the feedback on the certification numbers. I assumed that they did not match the exact coins that were in the holders. I’m surprised that the holders actually matched any coin at all lol. It’s definitely important to check the certification number before purchasing any coin on eBay and other cites.
Just tried looking up this seller and nothing is coming up.....were they taken down completely?
Be on the lookout...they will pop up under a different name (if that is the case)
I can still find the seller but I messaged him. He currently has no listing on eBay which is good! I have seen that! Thank you for the info!
i recently saw a FB ad where the seller had 2 slabbed coins with the same registry number,pretty sure he got hammered hard because ad was down in less than an hour
Yep! These fake PCGS holders are starting to become more common. It’s very unfortunate that these exist.
Nice catch!! Thank you for the educational information
I just bought my first fake PCGS coin on ebay, I find it depressing that an ebay dealer stoops this low, it's going back tomorrow. Mine was in a generation 4.5 holder, the color was way off on the lable, the date had too much space between the 1 and the 9, the hologram was a cheap sticker and wasn't printed toward the top, the coin wasn't silver, the barcode on the front didn't scan using the pcgs app because it wasn't a real barcode.
I am so sorry to here that! You should be able to return the coin for a full refund. Just explain that the item was not described and fake!
@jadonnoble5621 that's what I did, thanks. He took 5 days to answer my email but I went through ebay and his return policy covered it. He is still claiming the slab is real so most likely he will re list it, unfortunately.
Is it worth getting Pennies graded?
It depends. There are some pennies that are worth getting graded. It depends on rarity and condition. What Pennies were you going to get graded?
@jadonnoble5621 I actually saw a video the other day about 1983 pennies that should weigh 3.1 and 1982 pennies with a Denver mint mark and small letters. I think I have one of each "emphasis on I think 😅" but idk were to begin. I just saw the site pcgs being referenced but I'm lost
@@FullmetalHokage interesting. I don’t know much about either of those coins. I know that the 1982 d has a small sate but it’s not really worth sending off. The 1983 I’m assuming you think it might be copper? I don’t know much about that but ANACS grading service is the best and cheapest way to verify errors. You might want to check them out or take your coins to a local coin shop to get them checked out.
@jadonnoble5621 I appreciate your time and the information 🙏 definitely will sub to keep up with interesting coin grade information 👍
@@FullmetalHokage no worries and thank you!
"""""But its in a slab, bro"""" Kids on R3ddit gold..lol.
Haha yeah. Just because it’s in a slab doesn’t mean it still can’t be fake. You have to make sure the slab you buy is real as well!
@@jadonnoble5621 Which is hard to do when /if you buy on line. After you receive it, or walk out of a shop, there is no returns with gold. Its a major gamble, you should see whats happening on r3ddit, kids are buying up fakes like crazy. Even from a shop, Id want to see it tested now. Inflation, has made many people not so honest.
Good vid ,ive got to the point i only buy pcgs true view+ngc pictured coins,if pics dont look exactly the same with same marks etc on coin its a no go for me. greed ruining a fun hobby for thousands ☹️
That is definitely a great way to make sure you are getting the coin you are buying. Yes, it is unfortunate how many scammers there are out there taking advantage of others:(
Thank you for your public service!
Thanks for watching!
Is there a way to scan the barcode to see if its legit?
You can look up the coins certification number but scammers have started to use actual certification numbers that will show the same year and mint mark coin that you are actually buying. You still have to be careful!
eBay should hire you full time!
Haha yeah! They really seem to drop the ball on taking down fake coins!
Can you provide the seller’s name so we can be aware of this guy? Thx
The seller is actually in the thumbnail of the video. The seller is patriciiveste0
thanks for helping police the scammers ...
No problem! Thanks for watching!
That cc mint mark is wrong…the cc should be closer together and the font is wrong.
Yes, I agree. The CC mint mark is definitely wrong on this coin. Thank you for the feedback.
Thank you. Excellent. On the Morgan...the 1893 S...that is really obvious, it's a fake. The letters and the date are WAY OFF. (Look at the bottom of the "E" on the Reverse...it looks like something somebody would make out of Playdough.) Thanks again.
No problem and thank you for the feedback. I was almost certain it was fake because the details were terrible and it looked the the coin was casted rather than struck. The letters and date were definitely way to fat and not well defined like they should be
Great job....algorithm s7ggested this video and yo7 got my subscription 👍👍
Thank you for the support!
Great valuable info
Thanks for watching!
Idk ive seen some flat caps on good coins, but what did it for me was the M on the base of the neck. Looks like its half there and its just the very top and its too low.
Yes I agree. I think the coin was casted and not struck so the details aren’t right.
@jadonnoble5621 what about like fake minted coins? People do scan and mint them. What are the giveaways then if its not casted like the ones in your video.
@@RobertStange-qh7bu I’m not sure. I’m assuming it would be hard for people that fake mint coins to get the correct strike on the coin but I really haven’t heard of that. People are definitely getting good at faking coins now.
Wow. Buyer beware. Good video Dude!
Buying fake stuff can be partly the buyers fault, i.e. mine. You need to see how long the seller has been selling and how many sales have been made with the relative percentage of satisfied buyers. When I bought an altered 22-P I only noticed afterwards that the seller had sold 7 coins and had been a member for a couple of months, not good.
what's funny is the only people that actually care are the collectors, the mints don't even care or the grading services
That’s definitely true lol
The modern ones do have that new mark. You can put your phone up to them and it can read it
You are right. After I made the video I figure out that the icon was part of the newest PCGS holders. Thanks for the info!
woah i actually didnt know that pcgs only used 3 spot holder ngc uses 4. great find
Yep! Knowing these little details is crucial when buying coins now. I hate that people are faking holders but we have to educate ourselves on what to look for when buying them!
Lots of scams, getting worse. Too bad you have to annualize the holders too. Turn them in.
Yes, unfortunately the scammers are getting very good. They are starting to fake PCGS and NGC holders to make their fake coins seem real. I have so many different generations of holders so I try to always check and make sure that the holder is authentic before buying a coin.
Also wanted to say thank you for the support!
They were trying to mimic a current PCGS holder which all have the RFID chip in between the labels. PCGS started doing this a few years ago. This chip can be seen on the real holders when holding the label up to a bright light. The symbol for the chip is also going to be on the lower left corner on the front of the genuine slab. (Just as the PCGS logo is on the lower right corner)
There's a bunch of fake coins in these bogus current holders that are currently making their rounds in the States. If you can't tell by the label, look for the chip itself and the PCGS logo and the RFID symbol on the corners of the slab. EZ PZ. 👍
Thank you for the info! I realized after making the video that the rfid chip is on the most recent PCGS holders. It is definitely irritating that these coins in fake PCGS holders are floating around!
In the bottom of the holder it does not have pcgs in the plastic and it does not have the Security shield in the plastic. There are fake ngc holders as well . There very close and if u were a new collector u wouldn't know the difference.
Yes you are correct. There were definitely plenty of red flags with the holder but new collectors could definitely fall for these. Thank you for the feedback.
I've seen worse Sitting Liberty coins if someone as one to sell would be over a grand! One CC wouldn't even be for sale? INHO
CC seated dollars extremely rare. There are not that many so you have to be extremely careful to make sure the coin is authentic before buying one.
YOU CANT GO OFF THE HOLDERS BECAUSE YOU ARE COMPARING TWO DIFFERENT COINS BEING HELD. APPLES TO ORANGES ON THAT ONE. BUT THE NO "CC" IS THE BIGGEST SCAM RED FLAG.... AND PITTING USUALLY INDICATES A POURED COIN AND NOT STRUCK LIKE ITS SUPPOSED TO BE.
I get what you are saying but the actual PCGS holders in the pictures do not match any actual PCGS holders that PCGS has ever had. The spacing for the numbers and letters is wrong. There is no PCGS engraving on the plastic on the bottom right of the holder and the holder does not have the proper cut out for where the coin is placed in. This being said, looking at the coin in the holder can also give away that the coin is fake. Thank you for your feedback.
@@jadonnoble5621 HEY I KNOW THATS A FAKE BY THE NO "CC" MINT MARK AND BY THE PITTING. SO YOU ARE RIGHT THAT ITS A SCAM COIN
Did you consider the fact that maybe the seller bought those coins in good faith and was scammed themselves.
It is possible but in my opinion the big giveaway was the 1893 s Morgan dollar he had for sale. Anyone in their right mind would not list that coin for $2000 or best offer for a starting bid. You would also get a coin like that graded especially if it would actually grade mint state and be worth over $100,000.
Excellent analysis.
Thank you!
Honestly, I do not care about people that are stupid enough to be scammed. One thing remains.... if it sounds to good, it probably is!
@@crazyantny9161 I care but I think people need to educate themselves before buying high end coins so they don’t get scammed. Being scam is usually preventable if you educate yourself.
@@jadonnoble5621 I agree, but you have to have some good sense. As a good parent would say, sounds to good, probably is. That why I used that analogy. It's like right now on eBay. You know the place that refuses to have sellers sell any replica coins of any kind yet do nothing to in force their TOS now even get one report of an obvious fraud right... Well, there a fine upstanding Chinamen selling an obvious made in China plated fraud for 35 bucks each. Ok, whose stupid enough. I can see it as a hole filler, but stupid is paying 35 for what you can get for a buck on alexpress, lol. Get what I'm saying... Stupid is as stupid does. Thanks Forest
The s is real high, compared to an actual 93-s. They’ll use the reverse of a less expensive coin
Thank you for the info. I thought the S didn’t look right.
I got scammed on a 22-P lincoln and turned people in for fake 55-double dies.
Dang, that’s crazy! It’s sad how many fake coins there are out there. You always need to be careful when buying.
Nicely done!! Congrats on sniffing out the scam. A search of 41400976 shows it’s a chop mark variety. Not seeing any chops lol Great of you to share the info on spacing and whatnot. You’ve done a great service to people that have no legit PCGS holders to compare with. 👍
Thank you! It’s crazy that people are selling this crap as genuine high value coins. I hope that people will learn that just because a coin is in a “PCGS” holder doesn’t mean it’s automatically authentic. You need to make sure that the PCGS case is authentic as well. Also, thank you for the info on the certification number. I didn’t even look them up.
I agree with you about the pitting.
Yeah, his pictures were not very good but it looked like the coin was struck like crap lol
Chinese sandcasting. They melt down common 90% coins and sandcast rare high value coins. It's sad that they are allowed to do this.
That makes sense. It’s sad that this stuff is sold as genuine. I have another video where someone paid $3200 for a fake graded Morgan. It’s terrible but hopefully people will watch these videos and learn what to look for when buying even graded coins.
@Jadon Noble that's why the numbers are bigger than they should be. The details are not right, and they look pitted.
@@williamfender661 you are right. Most of these fakes have flat and fat lettering and not sharp detail. These scammers don’t have the ability to duplicate what the US mint did.
You can scan slab with your phone and it will verify coin. The ones thst want scan then don’t bid. Buy from trusted dealers like liberty.
Yes you are right. The only issue is that they often use actual serial numbers that match the coin. I agree that it is best to buy from a trusted seller. I would also say that if you have a slab that shows a true view photo then that would help as well. Thank you for the info.
The barcode looks funny and so does the color. And the PCGS number is for a gold shield which this is not.
You are correct. There were a lot of red flags on the holders. It’s sad that people didn’t look at the coin and the holder closer before bidding. There were so many bids on these fake coins. That’s why it is so important to do your research and make sure that the coin and holder are real before purchasing a coin.
The date on the 93s Morgan looks ridiculously bad
I agree. It definitely looked funny. It was a 100% fake just like the slabbed coins.
The reverse looks cleaned and PCGS would most definitely call it cleaned and not Straight AU
Yes, there are a lot of clues that show that the coin is fake. It definitely does not have a natural finish.
Great video! Thank You!!!
The guy selling the coins is a scammer that is evidently in business with (affiliated) the selling platform. This isn't anything new....they are all working together for that Free ride later. Our eBay account was destroyed by these clowns and so was our personal bank account. I will be posting multiple videos under multiple accounts to expose the scammers .... I'm not holding anything back. 💪🤬
Yes! Unfortunately these scammers are everywhere and are ruining ethical business! Keep fighting!
Yeah you can tell right away that the color of the label is way off
Isn't this considered a crime? Are the coins counterfeited? If so, jail time.
Technically it is but I think it’s hard to prove if the seller actually intended to sell a fake coin as real. I’m sure most sellers will claim they had no idea the coin was fake. It’s tough to prove unfortunately.
Reason the reason why the price is just under a thousand bucks so they can't get charged with a felony
I’ve actually seen some of these coins sell for over $1000. I guess if the buyer never figures out that the coin is fake then they won’t do anything. Thank you for the info.
Nice catch!...but your 'title' should be rephrased as 'This Scam PCGS Graded Coin'...otherwise it's saying that PCGS made the scam.
Thank you for the feedback!
It was probably poured and not struck.
You don’t ask the seller shit go right to eBay and get him tossed for fraud
I reported the listing first and then messaged the seller. Fortunately it worked and the listings are gone:)
None of the lettering on the reverse is right on that 1893S
Yes, you are right. The lettering is all wrong on the 1893 s Morgan.
Best way to find out if it's real PCGS is to run the bar code numbers after the .the 7 or 8 numbers
Yes, that is a good way to check if the coin is real, however, some of these fake holders actually use real pcgs serial numbers that match the actually coin and holder so it’s always good to look and make sure the holder you are buying is 100% real.
I know a guy. That's selling the hell out of. Fake Chinese certified coins at the flea market. He will sell them. at a different flea market. Every weekend. Within a 100 miles radius. He told me he also sells them to pawn shops.
That’s terrible. Those should be illegal to sell!
I gave up on this...too many dishonest people for me!
I understand your frustration. This is why I made videos like this do people can know what to look for and not get scammed. It’s sad that there are so many fakes out there but if you know what to look for then you usually can avoid these fake coins.
The 1893-S has a VAM number. Only one die used. Just checking will show it is a fake.
crazy how people willing to spend that much and cant even tell its clearly fake
I agree! Unfortunately a lot of people don’t research the coin they are buying before they buy it.
all 1893s Morgans have a die line in the T of liberty to tell if there legit.. it because they only used one die pairing
Thank you for the info. I will need to look at this if I ever decide to buy one. Also, thank you for the support!
A guy had a 1861 o dollar ebayI messaged it doesn't exist he took it down.
Nice job catching another scammer!
If the 1893-S were real and in this condition it would be worth close to $600,000
The font is all wrong all over that coin.
You are correct. It’s definitely a fake and the font is all off. The coin would definitely be worth well into the 6 figures if it was real.
@@jadonnoble5621 In 2021, a PCGS graded 1893-S Morgan dollar in MS-67 sold for US$2,086,875.00. The coin is considered to be the finest known and it is named the Vermeule 1893-S. In March of 2023 an 1893-S graded by Numismatic Guaranty Company (NGC), in a MS-64, grade sold for US$372,000. Go look at a photo of the finest known 1893-S Morgan or the Vermeule 1993-S. It doesn’t have much in the way of eye appeal, LoL, but strike-wise it is graded an MS67…If you haven’t seen it before, you’ll probably laugh because of the “lack of eye appeal.”
Hello mate , just subbed
Thank you for the support!
The number font is way off
Yes, the spacing and font was off. There were some minor differences but if you train your eye to what PCGS holders look like you can pick up on these things. Thank you for the feedback.
Wow Great Call.👍
Nice catch !!
Thank you!