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NGC Confirms Counterfeit Replica Coin Holders
Today, Jan. 7, the Numismatic Guaranty Corporation (NGC) has confirmed the existence of counterfeit replica holders.
NGC was founded in 1987 to objectively provide third party grades to coins. Coins sent to NGC are analyzed, graded, recorded and then encapsulated in tamper resistant, protective holders.
While there are several coin grading services in existence, NGC is considered to be one of the top two - PCGS being the other.
Counterfeiting certified coin holders is not new. Those who do it and are willing to risk jail time victimize the unsuspecting buyer into paying a large amount of money for a coin that may also be counterfeit, or not at the grade the fake holder indicates.
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Teens Arrested For Counterfeiting Money Using Inkjet Printers
Three Long Island 17-year old high school students are under arrest for printing counterfeit $10s, $20s and $50s from the back of a pickup truck.
Amazingly, police say ink jet printers were used to print the bills. The power source? A Radio Shack inverter plugged into the pickup truck's cigarette lighter.
The average person could easily assume any teenager who used the bed of a truck as a factory floor and inkjet printers to output bogus bills would get caught and arrested in short notice time.




