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<p>[QUOTE=&quot;kirispupis, post: 7777899, member: 118780&quot;]Fair enough, but you can place a high degree of trust in the top auction houses. It&#039;s in their best interest to only sell genuine coins, and when someone here points out a fake it reflects poorly on them.</p><p><br /></p><p>The strong preference is to trust the seller <i>and</i> know the coin. If you&#039;re planning to spend $1k or more on <i>any</i> coin, you should do your best to learn the type to both spot fakes and be assured you&#039;re not paying too much.</p><p><br /></p><p>For my day job, I need to pay attention to security. One of the basic tenets of security is &quot;defense in depth.&quot; At each level you assume the level below you will be compromised, so you defend against it.</p><p><br /></p><p>Personally, I&#039;ve always felt that NGC is a gaping security hole. All one needs to do is convince them that a coin is genuine, and then no one will ever question it again. Most sellers will do only a cursory examination of a slabbed coin because it can&#039;t be accessed. This contrasts with an unslabbed coin, which is re-examined before each sale.[/QUOTE]</p><p><br /></p>

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