Comments on: NGC, ANA, PNG, ICTA and NCIC Combat Counterfeiting https://www.coinnews.net/2018/03/05/ngc-ana-png-icta-and-ncic-combat-counterfeiting/ CoinNews delivers the latest World and US coin news Thu, 08 Mar 2018 02:17:06 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Mouse https://www.coinnews.net/2018/03/05/ngc-ana-png-icta-and-ncic-combat-counterfeiting/#comment-303940 Thu, 08 Mar 2018 02:17:06 +0000 http://www.coinnews.net/?p=66480#comment-303940 Old Collector: Great buy on the 1/10 gold piece. When it comes to coins, gold is not the be all end all. Some of the worlds most valuable coins are not gold. Gold will shine but silver has the market.

As a Canadian, I am a fan of vintage first made (Canadian) gold coins, not because they are gold but because they are pieces of my country’s history…history I can hold, history for my son and maybe his in the future.

Mouse

]]> By: Mouse https://www.coinnews.net/2018/03/05/ngc-ana-png-icta-and-ncic-combat-counterfeiting/#comment-303891 Wed, 07 Mar 2018 21:04:41 +0000 http://www.coinnews.net/?p=66480#comment-303891 Old Collector: Sadly I believe that some collectors get caught up in what they want to believe to be true, such as a rare coin / gold / completion of their collection / easy access to the coin on a secondary internet auction site. Rare coins are rare for a reason. If someone is looking for a rare vintage (authentic) coin, having a relationship with a reputable dealer is a good thing. They will not only hunt down the coin, they will ensure the verification and guarantee the product before purchase. Yes it may cost a bit more for the service, but better than finding out down the line that you lost on your entire investment – especially on gold.

I feel for anyone who has been taken advantage of.

Mouse

]]> By: Mouse https://www.coinnews.net/2018/03/05/ngc-ana-png-icta-and-ncic-combat-counterfeiting/#comment-303810 Wed, 07 Mar 2018 13:15:55 +0000 http://www.coinnews.net/?p=66480#comment-303810 The NGC link of the most often seen counterfeit coins was very useful. As per usual, they tend to be low mintage / low population coins. Saw a few Canadian, one from our hoard that was released – 1916. Have a few 1914’s and were purchased directly from my RCM / packaged / safety seal attached. Why anyone would buy one off the secondary market / no research done / not from a reputable dealer / unchecked – is beyond me.

Mouse

]]> By: Larry Schmitt https://www.coinnews.net/2018/03/05/ngc-ana-png-icta-and-ncic-combat-counterfeiting/#comment-303284 Tue, 06 Mar 2018 12:39:23 +0000 http://www.coinnews.net/?p=66480#comment-303284 Old Collector: When I trained the tellers at the bank I worked for until retiring recently, this is how I explained counterfeiting. If it has value, it will be counterfeited, and always has been. Not just coins and currency, but art, software, videos, Rolex watches, Gucci bags, airplane parts, sports memorabilia.

]]> By: Seth Riesling https://www.coinnews.net/2018/03/05/ngc-ana-png-icta-and-ncic-combat-counterfeiting/#comment-303259 Tue, 06 Mar 2018 09:16:43 +0000 http://www.coinnews.net/?p=66480#comment-303259 The big problem now is that the high-tech coin counterfeiters are counterfeiting the third-party certified coin slabs & labels too & precious metals ingots in their assay card sealed holders. Very deceptive & high- quality fake coins & fake holders. PCGS recently added to its new inert plastic slab a DNA-type chemical marker in the molten plastic mixture that the slabs are made from that so far has not been counterfeited.

-NumisdudeTX

]]> By: Robert F Hall https://www.coinnews.net/2018/03/05/ngc-ana-png-icta-and-ncic-combat-counterfeiting/#comment-303230 Tue, 06 Mar 2018 04:45:59 +0000 http://www.coinnews.net/?p=66480#comment-303230 When I got back into coin collecting, I purchased a three cent silver coin. I thought it would be worth a lot. I sent it to Anacs to have graded but it was a cheap counterfeit. Ebay is a good place to buy coins, you just can’t trust SOME folks on there.

]]> By: Mouse https://www.coinnews.net/2018/03/05/ngc-ana-png-icta-and-ncic-combat-counterfeiting/#comment-303210 Tue, 06 Mar 2018 02:51:21 +0000 http://www.coinnews.net/?p=66480#comment-303210 I like it all, PCGS has been tackling this issues as well. I only buy from reputable dealers.

Mouse

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