California coin dealer discovers fake Krugerrand in fake holder

NGC confirms that 2005 South African coin, holder are counterfeit
By , Coin World
Published : 11/13/15
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“NGC has observed a very small number of similar counterfeit coins encapsulated in counterfeit NGC holders that are generally poorly made and very easy to detect. The coin, holder, label and hologram have serious issues and a comparison with any genuine NGC holder would reveal numerous differences,” he said.  

“Counterfeit NGC holders not only infringe upon NGC’s registered trademarks, but also violate both the Hobby Protection Act of 1973 and the Collectible Coin Protection Act of 2014. NGC is actively working to investigate and pursue those who counterfeit NGC holders and violate NGC’s intellectual property rights.”

The counterfeit holder lacks many of the security features of a genuine NGC holder, said Spiegel, noting that some images published online in reports about the counterfeit coin and holder actually show genuine articles. 

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Older Comments (3)
We must expect to see examples of this with increasing frequency.
Anything one person can make, such as a coin, another person can fake.
We know that the first fake coin was made within a decade or so of the first coin, over 2,500 years ago.
I don't know, without a little research, when the first fake slab was found, so if someone can tell me, I would appreciate it.
From the inception of slabbing, I have always had some reservations about it; call it an open mind, but...
One of the dangers of slabbing, is that people, collectors and dealers alike, start to look at the capsule rather than the coin. This is, and always has been, an obvious danger. The fact that slabbing reduces the skill level needed, means that it become easier for relatively unskilled and inexperienced people to set up as dealers; some of them perhaps deluding themselves as to their level of expertise.
On a slightly different subject. One small point for CoinWorld, when I signed in to comment, your site took me to a different page, not back to this one, no problem as I could simply hit the back button twice, then refresh the page. Klang! It wanted me to sing in again. After doing this three times, I tried a different route, searching for "fake Krugerrand". You really should fix this bit of bad web design!
Thanks for the comment and for alerting us to the problems you experienced in adding your comment. Our tech team is looking at the issue. William T. Gibbs, Managing Editor, Coin World
I am going to go out on a limb here and guess this is another fake from China.

Why do American coin dealers and certification agencies deal in Chinese coins. As long as China sells fakes here - we should boycott all coins including the panda that are made in China. I do not buy any Chinese coins whether bullion, ancient, or moderns out of principle.