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<p>[QUOTE=&quot;dougsmit, post: 7934796, member: 19463&quot;]I still find it hard to accept that we have people willing to pay for even the lowest bulk rate slab prices for you to look at VG-F LRB.&nbsp; I would expect many of them would not be worth the price NGC pays for empty slabs let alone the salaries of whoever handles them before and after you saw them.&nbsp; On the other hand, I suspect you might linger a bit longer on the &#039;good stuff&#039; which I believe are priced at the upper end of the scale and which you have to be 1000% more certain that there are &#039;right&#039;.&nbsp; </p><p><br /></p><p>I once agreed but now I believe that coins in this price bracket should be slabbed.&nbsp; The next owners may or may not have the slightest idea how to handle such coins.&nbsp; Those who do, may well break them out but those who do not need to be discouraged from polishing off that nasty old toning.&nbsp; We know nothing about the next owner other than his income bracket. </p><p><br /></p><p>This would seem to take care of the claim that these things are rare.&nbsp; Obviously there are many old collections left behind by wealthy collectors and a percentage of them were left to family well enough off that they are in no hurry to cash in grandpa&#039;s collection.&nbsp; I&#039;m sure professionals in the business have a better idea of how many other groups like this (plus or minus a few million) are hiding out there.&nbsp; It is none of my business how long it takes between death and liquidation on average.&nbsp; That is the question for the dealers not the people doing the dying. We lost a friend recently who had a large but very specialized collection that took over 50 years to assemble.&nbsp; I wonder if I will live to see it on the market. </p><p><br /></p><p>Another thing that is none of my business:&nbsp; Do you, with any frequency, have forgeries submitted that you recognize as having been rejected before?&nbsp; Do you keep any kind of &#039;file&#039; on rejects that assist your &#039;servicing&#039; them over and over? I would expect the NGC &#039;Black Museum&#039; files would make a wonderful book of great girth.[/QUOTE]</p><p><br /></p>

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