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<p>[QUOTE="bobbyhelmet, post: 1643974, member: 44166"]<span style="color: #000000">It was the NGC employee in your clip that claimed prices </span><i>could</i><span style="color: #000000"> double, not me, most NGC customers are US coin collectors and not ancient collectors, yet. They are familiar with slabs and also grades and price guides. The talk here of increasing interest in Ancients is primarily in the US, these coins have been collected elsewhere for hundreds of years at a steady rate.</span></p><p><br /></p><p>If NGCs company line is that ancients could double in price then they have obviously decided to start pushing ancients. They want a whole new area of coins that they can grade, slab and authenticate, all for a price of course.</p><p><br /></p><p>In a way they could set the price, they have their own price guides which become self fulfilling after a while as they use sale prices where the buyers used their guides to decide highest bids!!!</p><p><br /></p><p><br /></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000">Why is this needed on anything under a 5K coin? Its the sellers responsibility to describe their product fully and clearly, if they cant the buyers will move elsewhere. The market does not need to be sterilized in this way IMHO.</span></p><p><span style="color: #000000"><br /></span></p><p><br /></p><p><br /></p><p><span style="color: #000000">Your coins, your choice and beautiful they are. My choice would be to send them to David Sear.</span></p><p><br /></p><p><span style="color: #000000">If NGC has managed to persuade collectors that 50 and 100 year old coins need to be slabbed just what do we need to do to preserve coins that are 2000 or even 3000 years old, I'm sure they will have a costly solution!</span>[/QUOTE]</p><p><br /></p>
[QUOTE="bobbyhelmet, post: 1643974, member: 44166"][COLOR=#000000]It was the NGC employee in your clip that claimed prices [/COLOR][I]could[/I][COLOR=#000000] double, not me, most NGC customers are US coin collectors and not ancient collectors, yet. They are familiar with slabs and also grades and price guides. The talk here of increasing interest in Ancients is primarily in the US, these coins have been collected elsewhere for hundreds of years at a steady rate.[/COLOR] If NGCs company line is that ancients could double in price then they have obviously decided to start pushing ancients. They want a whole new area of coins that they can grade, slab and authenticate, all for a price of course. In a way they could set the price, they have their own price guides which become self fulfilling after a while as they use sale prices where the buyers used their guides to decide highest bids!!! [COLOR=#000000] Why is this needed on anything under a 5K coin? Its the sellers responsibility to describe their product fully and clearly, if they cant the buyers will move elsewhere. The market does not need to be sterilized in this way IMHO. [/COLOR] [COLOR=#000000]Your coins, your choice and beautiful they are. My choice would be to send them to David Sear.[/COLOR] [COLOR=#000000]If NGC has managed to persuade collectors that 50 and 100 year old coins need to be slabbed just what do we need to do to preserve coins that are 2000 or even 3000 years old, I'm sure they will have a costly solution![/COLOR][/QUOTE]
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