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<p>[QUOTE=&quot;Owle, post: 914251, member: 22004&quot;]You can be sure that PCGS has very rigorous profiling of submitted coins, especially with certified dealers who are submitting high-end coins that may or may not be intentionally doctored. The coins can be tracked from place of origin, through auctions, various coin dealers, to various customers. If the coins come back to the original dealer or group of dealers that had them certified or to PCGS for their money-back guarantee, then the problem coin becomes somewhat &quot;radioactive&quot;, and the numerical track of the coin establishes a chain of responsibility. It would probably take several dozen examples to establish place of origin and the problem of PCGS trying to bring those responsible to accountability. In the last month I have handled three non-N,P or A certified coins, two $20 libs. and one Trade Dollar, all obviously doctored to make them saleable, and the former two coins were bought through one of the big dealers; I had to sell each of them below market value. </p><p>&nbsp;</p><p>Soon after the PCGS suit hit the wires, Mark Salzburg of NGC issued a relevant statement at his site re-inforcing NGC&#039;s policy on this issue:</p><p>&nbsp;</p><p><b>An Open Message from Mark Salzberg</b></p><p>&nbsp;</p><p>Posted on 6/3/2010 <i>NGC’s chairman discusses deceptively altered coins.</i></p><p>NGC employs the best grading team in the world. Our experts include individuals who are highly skilled at detecting coins that have been purposefully and unnaturally altered to lend the appearance of a higher grade. We enhance our capabilities of detection through the use of proprietary technologies, and we continually research new methods and techniques to aid detection.</p><p>We don’t allow deceptively altered coins into NGC holders, and our graded coins are acknowledged to be universally problem-free. In the rare event that we do miss an alteration, we offer the strongest guarantee, by far, of any certification company. For collectors, the NGC guarantee is the high-water mark for consumer protection in numismatics.</p><p>We hold those who alter coins responsible for their actions that damage the hobby. NGC actively pursues claims against such individuals when warranted. <a href="http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=968" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=968" rel="nofollow"><span style="color: #0000ff">This has always been our policy.</span></a> This strong stance is absolutely necessary, and we support the efforts of others similarly aimed at eliminating these practices from the hobby.</p><p>Mark Salzberg </p><p>Chairman[/QUOTE]</p><p><br /></p>

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