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<p>[QUOTE="tequilaDave, post: 2440856, member: 21609"]I've an interesting experience with an ancient and am wondering if this is normal in the world of ancients or a one-off and not something that's likely to occur again. (Sadly, I don't have any photos of the original slab and my new slab is still in the mail).</p><p><br /></p><p>So about 7 yrs ago I went to an auction in San Diego and bought an Alexander the Great Drachm in an ICG slab graded VF for $125. I was the only person willing to bid on it. It was an impulse buy at the time due to the fact I knew nothing about ancients. I assumed, like most of us, that a coin graded by ICG (aka - I Can't Grade) was more than likely over-graded. Nevertheless, the coin itself looked really nice and had a very solid strike and appeared to have very little wear, especially for a VF. However, knowing little to nothing about grading ancients, I just assumed it was a very nice VF and threw it in my misc box.</p><p><br /></p><p>Fast forward to last month - I was submitting a batch of coins to NGC and saw this Drachm and on a whim decided I'd send the coin still in the ICG slab to NGC Ancients, if for no other reason to get it out of the ICG plastic. Frankly, in the back of my mind I worried the coin might not even be real, hence the reason it looked so nice for a VF. Yesterday my grade printed and much to my surprise, NGC Ancients have place my Drachm in an AU "star" slab! I about fell out of my chair when I saw this!!</p><p><br /></p><p>My question is this - how unusual is it for an ancient graded by a third tier grading company to jump a solid 2+ grades? In the world of US coinage, something I'm much more familiar with, such a jump is virtually unheard of. And if this isn't a one-off, is it worthwhile to start searching ancients in third tier slabs for potentially large upgrades? Or is the grading of ancients so objective that such large changes in grade not as unusual as I would have expected coming from the world of US coinage?[/QUOTE]</p><p><br /></p>
[QUOTE="tequilaDave, post: 2440856, member: 21609"]I've an interesting experience with an ancient and am wondering if this is normal in the world of ancients or a one-off and not something that's likely to occur again. (Sadly, I don't have any photos of the original slab and my new slab is still in the mail). So about 7 yrs ago I went to an auction in San Diego and bought an Alexander the Great Drachm in an ICG slab graded VF for $125. I was the only person willing to bid on it. It was an impulse buy at the time due to the fact I knew nothing about ancients. I assumed, like most of us, that a coin graded by ICG (aka - I Can't Grade) was more than likely over-graded. Nevertheless, the coin itself looked really nice and had a very solid strike and appeared to have very little wear, especially for a VF. However, knowing little to nothing about grading ancients, I just assumed it was a very nice VF and threw it in my misc box. Fast forward to last month - I was submitting a batch of coins to NGC and saw this Drachm and on a whim decided I'd send the coin still in the ICG slab to NGC Ancients, if for no other reason to get it out of the ICG plastic. Frankly, in the back of my mind I worried the coin might not even be real, hence the reason it looked so nice for a VF. Yesterday my grade printed and much to my surprise, NGC Ancients have place my Drachm in an AU "star" slab! I about fell out of my chair when I saw this!! My question is this - how unusual is it for an ancient graded by a third tier grading company to jump a solid 2+ grades? In the world of US coinage, something I'm much more familiar with, such a jump is virtually unheard of. And if this isn't a one-off, is it worthwhile to start searching ancients in third tier slabs for potentially large upgrades? Or is the grading of ancients so objective that such large changes in grade not as unusual as I would have expected coming from the world of US coinage?[/QUOTE]
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