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<p>[QUOTE="GDJMSP, post: 57688, member: 112"]Counterfeiting has been a problem as long as coins have been in use. And even once they are no longer in use for commerce - they will still be a problem for collectors.</p><p><br /></p><p>It seems you think that recent advances in technology have given counterfeiters an edge to produce undetectable counterfeits. Nothing could be farther from the truth. There have been undetectable counterfeits for centuries. Yes even today. </p><p><br /></p><p>For example, it was only recently discovered that all of the major grading companies, including PCGS & NGC, had been grading and authenticating counterfeit micro O variety Morgan dollars. And these counterfeits were produced more than 100 years ago. The counterfeits were so good that they fooled all the experts, even the best we have today, for the past 100 years.</p><p><br /></p><p>This century long deception was not discovered because of technological advances. It was discovered quite by accident by a coin grader with a good eye. Actually it was discovered about 10 yrs ago - but there was not enough evidence at the time to make definitive statements regarding these coins back then. Today there is.</p><p><br /></p><p>I have little doubt that there will be other discoveries made along these lines in the years to come.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 57688, member: 112"]Counterfeiting has been a problem as long as coins have been in use. And even once they are no longer in use for commerce - they will still be a problem for collectors. It seems you think that recent advances in technology have given counterfeiters an edge to produce undetectable counterfeits. Nothing could be farther from the truth. There have been undetectable counterfeits for centuries. Yes even today. For example, it was only recently discovered that all of the major grading companies, including PCGS & NGC, had been grading and authenticating counterfeit micro O variety Morgan dollars. And these counterfeits were produced more than 100 years ago. The counterfeits were so good that they fooled all the experts, even the best we have today, for the past 100 years. This century long deception was not discovered because of technological advances. It was discovered quite by accident by a coin grader with a good eye. Actually it was discovered about 10 yrs ago - but there was not enough evidence at the time to make definitive statements regarding these coins back then. Today there is. I have little doubt that there will be other discoveries made along these lines in the years to come.[/QUOTE]
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