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Modern counterfeit world coins... train your eyes, get your game up
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<p>[QUOTE="Hotpocket, post: 2027377, member: 44182"]This is very disturbing and disappointing. I collect world coins, mostly from Germany and Italy, but also from Switzerland, Netherlands, France, Austria, Belgium and Great Britain. I am by no means an expert, but I have learned that because I have a broad interest, I need to do my research first before purchasing. I feel especially bad for the people who bought these coins - some in the hundreds of dollars.</p><p><br /></p><p>Thanks for posting these links, and I will be even more wary/suspicious than usual. Thankfully, for my more expensive purchases, I either buy coins that are already graded by NGC, or submit my coins for grading and have not had any issues. I know that there are no guarantees, but I think it minimizes the risk - and, if NGC certifies a coin as authentic and it turns out not to be they will compensate you (or buy the coin). </p><p><br /></p><p>Here is their policy: <a href="http://www.ngccoin.com/coin-grading/guarantee.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/coin-grading/guarantee.aspx" rel="nofollow">http://www.ngccoin.com/coin-grading/guarantee.aspx</a></p><p><br /></p><p>Thanks again, great post.[/QUOTE]</p><p><br /></p>
[QUOTE="Hotpocket, post: 2027377, member: 44182"]This is very disturbing and disappointing. I collect world coins, mostly from Germany and Italy, but also from Switzerland, Netherlands, France, Austria, Belgium and Great Britain. I am by no means an expert, but I have learned that because I have a broad interest, I need to do my research first before purchasing. I feel especially bad for the people who bought these coins - some in the hundreds of dollars. Thanks for posting these links, and I will be even more wary/suspicious than usual. Thankfully, for my more expensive purchases, I either buy coins that are already graded by NGC, or submit my coins for grading and have not had any issues. I know that there are no guarantees, but I think it minimizes the risk - and, if NGC certifies a coin as authentic and it turns out not to be they will compensate you (or buy the coin). Here is their policy: [url]http://www.ngccoin.com/coin-grading/guarantee.aspx[/url] Thanks again, great post.[/QUOTE]
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Modern counterfeit world coins... train your eyes, get your game up
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