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Is junk gold a thing like junk silver?
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<p>[QUOTE="Gam3rBlake, post: 8275492, member: 115909"]Its true NGC doesn’t <u><i>guarantee</i></u> authenticity per se..</p><p><br /></p><p>But that’s mostly for legal reasons. All it takes is one fake to get through and they can be down millions of dollars. The same is true with more modern coins but they are much easier to identify due to very specific manufacturing specifications.</p><p><br /></p><p>Its very hard to find any source where an NGC Ancients graded coin was later determined to be a fake.</p><p><br /></p><p>That lack of evidence tells me that they are doing a really really really good job even if they can’t “guarantee” it. I’d bet at least 99.5% of the counterfeits sent in are identified and refused a holder.</p><p><br /></p><p>Sure it’s not a 100% guarantee but I trust based on the track record. They can definitely do a better job identifying real from fake than I can myself xD[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 8275492, member: 115909"]Its true NGC doesn’t [U][I]guarantee[/I][/U] authenticity per se.. But that’s mostly for legal reasons. All it takes is one fake to get through and they can be down millions of dollars. The same is true with more modern coins but they are much easier to identify due to very specific manufacturing specifications. Its very hard to find any source where an NGC Ancients graded coin was later determined to be a fake. That lack of evidence tells me that they are doing a really really really good job even if they can’t “guarantee” it. I’d bet at least 99.5% of the counterfeits sent in are identified and refused a holder. Sure it’s not a 100% guarantee but I trust based on the track record. They can definitely do a better job identifying real from fake than I can myself xD[/QUOTE]
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