This photo, provided to me by the Chinese coin counterfeiting ring, shows coins that have been put in slabs, or coin holders that have a grade on them. It's kind of amusing to see notations like "AU 55 Details - Cleaned," as if the coin is a genuine About Uncirculated 55-graded coin that has been damaged by cleaning, rather than the outright fake that it is! Unfortunately, such dissembling really fools people because I have argued many times with people who refuse to believe that counterfeiters would go to the trouble to make a fake coin and then degrade its value by damaging it. The counterfeiters know that the damage makes the coins more acceptable to many people because it allays suspicion about the authenticity of the coin in these people's minds.
The fake slabs on this page are not the PCGS or NGC type that has been in the news recently, but there is no doubt at all that the coins this operation is making are being placed into the fake grading service holders of these companies.
The fake slabs on this page are not the PCGS or NGC type that has been in the news recently, but there is no doubt at all that the coins this operation is making are being placed into the fake grading service holders of these companies.