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Repost of one of my Coin Week Counterfeit Articles
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<p>[QUOTE="Insider, post: 8444345, member: 24314"]This will continue to happen as the counterfeits have improved so much over the years. Graders are under pressure to cut down the several month turnaround times. They do not have the luxury to compare coins with images. Right now I'll put Jack, and several EAC members/dealers at the top of the copper authenticators.</p><p><br /></p><p>IMO, major TPGS are playing catch up because they examine coins with their naked eye or hand lenses. The days of the hand lens for authentication ended long ago. <span style="color: #b30000">I got caught up in complacency <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie10" alt=":oops:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie46" alt=":facepalm:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /> fifteen years ago while working at NCS.</span> Jimmy, brought in a copper pattern from the NGC grading room that he was suspicious of. I looked at it for a few seconds, told him it was genuine and resumed conserving a coin. Within a minute, Ronnie came into NCS and told me he thought the coin was a counterfeit. I got up from the sink, went into my room with the stereo scope and in a few seconds I saw that the piece was a counterfeit - and not a very good one. You cannot have any idea what I felt like missing that fake because I did not use the scope with florescent light as I ALWAYS DO in the office when authenticating a coin. I'm 100% sure my reputation as a top authenticator went down-the-drain with the graders across the hall that I formerly worked with before helping to start NCS.</p><p><br /></p><p>I know for a fact that coins are being imaged at the major TPGS so photo files will help detect fakes. <b><span style="color: #b30000">One other thing that should be done</span></b> (it won't be) is that a report with diagnostic images should be prepared and sent to each of the four major TPGS when any extremely deceptive counterfeit turns up. In other words, <b><span style="color: #b30000">there should be more cooperation between services. </span></b></p><p><b><span style="color: #b30000"><br /></span></b></p><p><span style="color: #000000">Additionally, there should always be more than one grader + a finalizer on a box of coins. I can think of dozens of times over the years where a counterfeit was initially missed by an experienced professional authenticator. See above when that exact thing happened once to me. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> </span>[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 8444345, member: 24314"]This will continue to happen as the counterfeits have improved so much over the years. Graders are under pressure to cut down the several month turnaround times. They do not have the luxury to compare coins with images. Right now I'll put Jack, and several EAC members/dealers at the top of the copper authenticators. IMO, major TPGS are playing catch up because they examine coins with their naked eye or hand lenses. The days of the hand lens for authentication ended long ago. [COLOR=#b30000]I got caught up in complacency :oops::facepalm::( fifteen years ago while working at NCS.[/COLOR] Jimmy, brought in a copper pattern from the NGC grading room that he was suspicious of. I looked at it for a few seconds, told him it was genuine and resumed conserving a coin. Within a minute, Ronnie came into NCS and told me he thought the coin was a counterfeit. I got up from the sink, went into my room with the stereo scope and in a few seconds I saw that the piece was a counterfeit - and not a very good one. You cannot have any idea what I felt like missing that fake because I did not use the scope with florescent light as I ALWAYS DO in the office when authenticating a coin. I'm 100% sure my reputation as a top authenticator went down-the-drain with the graders across the hall that I formerly worked with before helping to start NCS. I know for a fact that coins are being imaged at the major TPGS so photo files will help detect fakes. [B][COLOR=#b30000]One other thing that should be done[/COLOR][/B] (it won't be) is that a report with diagnostic images should be prepared and sent to each of the four major TPGS when any extremely deceptive counterfeit turns up. In other words, [B][COLOR=#b30000]there should be more cooperation between services. [/COLOR][/B] [COLOR=#000000]Additionally, there should always be more than one grader + a finalizer on a box of coins. I can think of dozens of times over the years where a counterfeit was initially missed by an experienced professional authenticator. See above when that exact thing happened once to me. ;) [/COLOR][/QUOTE]
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Repost of one of my Coin Week Counterfeit Articles
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