Numismatic Guaranty Corporation (NGC) is proud to be working with the American Numismatic Association (ANA), the Professional Numismatists Guild (PNG), the Industry Council for Tangible Assets (ICTA), and the Numismatic Crime Information Center (NCIC) to combat counterfeit coins.
Last year, NGC launched a comprehensive Counterfeit Detection portal, which can be accessed for free at NGCcoin.com/counterfeit. It features the 50 US coins, 25 Chinese coins and 25 world collector coins most commonly targeted by counterfeiters, according to submissions to NGC. Each of these coins has on its own page comprehensive information including high-resolution images, the type of counterfeits typically seen, detection tips and other helpful details.
The NGC Counterfeit Detection portal is designed to help collectors, dealers and others identify counterfeit and altered coins before they purchase them, stopping these spurious coins from entering the numismatic marketplace.
NGC President and Finalizer Rick Montgomery, one of the world’s foremost coin authenticators, oversaw the development of the resource. Many members of the NGC grading team also provided research and insights. NGC’s graders have identified more than 100,000 counterfeit and altered coins since 1987.
NGC is honored to work with the ANA, PNG, ICTA and NCIC, professional organizations that share NGC’s commitment to upholding the integrity of the coin collecting hobby. This collaboration helps the organizations to share information and reach a wider range of people and companies.
NGC has worked with these industry-leading organizations for a number of years on educational and other initiatives related to counterfeit coins. Among these efforts:
NGC provides extensive counterfeit detection content for the ANA’s The Numismatist, which is sent monthly to that organization’s 25,000 members. NGC also directs collectors and dealers who visit its Counterfeit Detection resource to purchase coins from ANA member dealers, who have agreed to abide by a strict code of ethics.
NGC conducts counterfeit detection seminars for PNG member dealers at various events around the country. NGC also directs the public to purchase coins from PNG member dealers. A self-regulating trade organization, the PNG holds its member dealers to high standards of ethics and professionalism.
NGC Vice President and Finalizer Scott Schechter serves on the Steering Committee of ICTA’s Anti-Counterfeiting Task Force, as well as the Packaging Security Work Group. Formed in 2017, the task force’s mission is to provide expertise and mobilize law enforcement in the fight against counterfeiters.
Founded in 1987, NCIC is committed to education, prevention and investigation of numismatic crimes, including counterfeiting. NGC and NCIC are working together to find the most effective ways that the organizations can collaborate to combat counterfeits.
NGC is the official grading service of the ANA and PNG.
Specialists and generalists alike can benefit from the information available in the free NGC Counterfeit Detection portal. Learn more at NGCcoin.com/counterfeit.