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<p>[QUOTE="Conder101, post: 1398152, member: 66"]I have a set of pictures of fake 1804 cents in slabs, one from NGC and one from PCGS. I own a Straits Settlements piece in an ANACS slab that has an altered date. Some where I have images of a Polish piece in an NCS slab marked Genuine Cleaned that has an altered date. And a fake 1795 dollar in a SEGS slab. No pictures but at one ANA convention there was a lot of excitement over rumors about a PCGS slabbed Capped Bust half that had both a new obv and new reverse. When the dealer finally displayed it it was quickly identified as a known contemporary counterfeit. So yes even the big boys make mistakes.</p><p><br /></p><p><br /></p><p>The Omega's were good for their time, they make better one today.</p><p><br /></p><p><br /></p><p>Yep, it took them eight years after NGC and ANACS had decided they were counterfeits and stopped grading them for PCGS to come to the same conclusion. But their press release makes it sound like they made the great discovery.</p><p><br /></p><p><br /></p><p>What THEY decide is the fair market value. That Polish piece I mentioned earlier, $8,000 coin. The owner was offered something like $250. When he declined, they washed their hands of it.</p><p><br /></p><p><br /></p><p>NGC will not stand behind variety attributions either. PCGS will.</p><p><br /></p><p><br /></p><p>The guarantee covers you if the slab a counterfeit as genuine. If they bodybag your genuine coin as a fake, your out of luck. You pays your money and tries again.</p><p><br /></p><p><br /></p><p>They do now, but up until 2006 they did not have a written guarantee of authenticity, only for grading. They did always stand behind their slabs, ever since they started, but they had no written guarantee that they had to.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1398152, member: 66"]I have a set of pictures of fake 1804 cents in slabs, one from NGC and one from PCGS. I own a Straits Settlements piece in an ANACS slab that has an altered date. Some where I have images of a Polish piece in an NCS slab marked Genuine Cleaned that has an altered date. And a fake 1795 dollar in a SEGS slab. No pictures but at one ANA convention there was a lot of excitement over rumors about a PCGS slabbed Capped Bust half that had both a new obv and new reverse. When the dealer finally displayed it it was quickly identified as a known contemporary counterfeit. So yes even the big boys make mistakes. The Omega's were good for their time, they make better one today. Yep, it took them eight years after NGC and ANACS had decided they were counterfeits and stopped grading them for PCGS to come to the same conclusion. But their press release makes it sound like they made the great discovery. What THEY decide is the fair market value. That Polish piece I mentioned earlier, $8,000 coin. The owner was offered something like $250. When he declined, they washed their hands of it. NGC will not stand behind variety attributions either. PCGS will. The guarantee covers you if the slab a counterfeit as genuine. If they bodybag your genuine coin as a fake, your out of luck. You pays your money and tries again. They do now, but up until 2006 they did not have a written guarantee of authenticity, only for grading. They did always stand behind their slabs, ever since they started, but they had no written guarantee that they had to.[/QUOTE]
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Do the top grading companies ever make a mistake on the authenticity of a coin?
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