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Message:: [QUOTE="Barry Murphy, post: 3030793, member: 79368"]Every coin NGC places in a holder goes through an authentication process. We will not holder any coin that we feel is a forgery. If it’s  in a holder it’s our opinion the coin is genuine. No ifs ands or buts. The authenticity guarantee, or lack of, is a financial guarantee. If we make a mistake, and everyone no matter how good will make one, we are not financially responsible  to offer a refund. With ancient coins, authenticity is often a gray area. What we all think is ancient today, may prove to be fake 10 years from now. Becker’s, christodoulus forgeries etc all passed in the market place, although now we easily recognize them as forgeries. There are almost certainly fakes in the market that we all think are authentic today that 100 years from now they will wonder how they were accepted as genuine. The best one can do is use all resources currently available and make the best determination possible based on the facts we know today. That’s one of the main reasons there is no financial guarantee...science and knowledge might change our understanding of what is real and what isn’t, and NGC can’t be financially responsible for those changes. I’ll say it again though, all coins that we holder have been authenticated to the best of our abilities, with no financial motives in the outcome of that decision. The fee is the same if it’s fake or authentic. Barry murphy[/QUOTE]