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<p>[QUOTE="Conder101, post: 129937, member: 66"]Double check that article, I think you missed something. Back in <b>1972 </b>when ANACS began something like 60% of the submitted gold coins were fake, and 90% of some coins like type II gold dollars and three dollar gold pieces were fake. But ANACS went a LONG way toward eliminatiing the fake coins in the hobby. By the time PCGS and NGC were founded the incidences of fakes being submitted was way dawn. Fourteen years of identiffication of fakes had helped many dealers to learn how to identify them and most were removed by that time. Since them all three services have continued to eliminate what was left of the fakes. I think the overall incedence of fake gold today is probably less than 10% with the type II gold and the Three Dollar still leading the way with the most fakes submitted. That would mean that most other gold encountered is probably real. (Probably less than 5% fake)[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 129937, member: 66"]Double check that article, I think you missed something. Back in [B]1972 [/B]when ANACS began something like 60% of the submitted gold coins were fake, and 90% of some coins like type II gold dollars and three dollar gold pieces were fake. But ANACS went a LONG way toward eliminatiing the fake coins in the hobby. By the time PCGS and NGC were founded the incidences of fakes being submitted was way dawn. Fourteen years of identiffication of fakes had helped many dealers to learn how to identify them and most were removed by that time. Since them all three services have continued to eliminate what was left of the fakes. I think the overall incedence of fake gold today is probably less than 10% with the type II gold and the Three Dollar still leading the way with the most fakes submitted. That would mean that most other gold encountered is probably real. (Probably less than 5% fake)[/QUOTE]
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