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<p>[QUOTE=&quot;IdesOfMarch01, post: 7936178, member: 39084&quot;]Please, reread my post a second time.&nbsp; </p><p><br /></p><p>I&#039;m not &quot;slamming NGC&quot; -- I&#039;m wondering if there is any other inference to having such expensive coins graded and slabbed by NGC other than to increase their price at auction and attract investors and speculators in addition to true collectors.&nbsp; NGC is a company providing a service that appears to be commoditizing the collecting of ancient coins in the same way that modern coins have been.&nbsp; I simply stated that this is not a trend I welcome.&nbsp; Nowhere did I denigrate NGC or the quality of its service, and pointing out that these services are also available elsewhere is not &quot;slamming.&quot;&nbsp; You&#039;re entitled to interpret this as &quot;slamming,&quot; but that&#039;s a mischaracterization of what I wrote and simply incorrect.</p><p><br /></p><p>This is not my personal experience with auction houses.&nbsp; In fact, I could argue that the opposite is more likely to be true -- that very high-level auction houses like NAC and CNG do not want their reputation tarnished as a seller of forgeries and are more likely to be more critical of coins with which they&#039;re not familiar.&nbsp; In my own case, NAC contacted my dealer after I won a coin at their auction to inform him that the coin was likely a forgery and to return it. (Read about it in this thread: <a href="https://www.cointalk.com/threads/hadrian-aureus-a-tale-of-subtle-differences.283959/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/hadrian-aureus-a-tale-of-subtle-differences.283959/">https://www.cointalk.com/threads/hadrian-aureus-a-tale-of-subtle-differences.283959/</a>) </p><p>The coins sent to NGC and illustrated in the first post are beautiful and wonderful to look at.&nbsp; But they were likely purchased legitimately from knowledgeable sources, so it&#039;s unlikely that further authentication is necessary.&nbsp; Research on the Internet and consultation with high-end dealers can establish an estimated auction price, so price guidance is not what the owners are seeking from the NGC service.&nbsp; The coins can be protected in any number of ways including encapsulation, so this can&#039;t be the primary reason for submitting them to NGC.&nbsp; This pretty much leaves grading as the reason for submission, and if this inference is correct, it&#039;s reasonable to conclude that the owners are trying increase the coins&#039; hammer price in a potential auction.</p><p><br /></p><p>I welcome other supportable, logical interpretations for the reasons that these coins were submitted to NGC.&nbsp; That is the point of my original post.&nbsp; Any interpretation otherwise (e.g., &quot;slamming&quot; NGC) are incorrect and off the point.[/QUOTE]</p><p><br /></p>

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