A better way to put it is that it can easily be miss calibrated, especially less recent samples (prior to c. 2000):
"The need for calibration
Calibration curve for the radiocarbon dating scale. Data sources: Stuiver et al. (1998)[4]. Samples with a real date more recent than AD 1950 are dated and/or tracked using the N- & S-Hemisphere graphs. See preceding figure.A raw BP date cannot be used directly as a calendar date, because the level of atmospheric 14C has not been strictly constant during the span of time that can be radiocarbon dated. The level is affected by variations in the cosmic ray intensity which is affected by variations in the earth's magnetosphere caused by solar storms. In addition there are substantial reservoirs of carbon in organic matter, the ocean, ocean sediments (see methane hydrate), and sedimentary rocks. Changing climate can sometimes disrupt the carbon flow between these reservoirs and the atmosphere. The level has also been affected by human activities—it was almost doubled for a short period due to atomic bomb tests in the 1950s and 1960s and has been reduced by the release of large amounts of CO2 from ancient organic sources where 14C is not present—the fossil fuels used in industry and transportation, known as the Suess effect.
The atmospheric 14C concentration may be differing substantially from local water reservoirs concentration. Eroded from CaC03 or organic deposits, old carbon may be easily assimilated and provide diluted 14C carbon into trophic chains."
Source entire article:
http://en.wikipedia.org/wiki/Carbon-14_dating
* There are other sites too, but you all can find those yourself
