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<p>[QUOTE=&quot;AncientJoe, post: 1644072, member: 44357&quot;]<span style="color: #000000"></span></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000">I&#039;m afraid your entire argument is invalidated by the fact that the dealer in the clip doesn&#039;t and never has worked for NGC. Rather, he&#039;s a private dealer</span> who sets up at almost all national shows.</p><p><br /></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000"></span><span style="color: #000000"></span></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000">It costs $35 to slab a coin &lt; $3K in value. The price tiers increase as value goes up, but only slightly. I agree that there&#039;s a point at which it doesn&#039;t make sense to spend the $35 to get it slabbed, but for a collector just entering the market, I think it would save a lot of potential headaches. As for buyers moving elsewhere when sellers don&#039;t fully describe their product, that&#039;s apparently not going to happen. Major auction houses are very frequently understating problems on high value coins. The most egregious example I ran into in the last couple weeks was at the Goldberg sale - they had a $30-40K coin that was listed as a &quot;pleasing problem-free example&quot;. Alas, it had a major scratch right on the highest points of the obverse which was a major visual distraction. I found the previous two sales of the coin and neither auction mentioned it either. I know there&#039;s a degree of acceptable problem here but this was pretty bad.</span></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000">Additionally, up until two days before the auction, they had a Trajan aureus available on the auction which was already up to $20K in online bidding with multiple bidders. They were then told by David Vagi (the same person that is the Director of NGC Ancients) that it was </span>fake and they withdrew the lot.</p><p><br /></p><p>Large auction houses guarantee the legitimacy of their coins for life but it&#039;s still possible to make mistakes and frankly, I&#039;ll take as many opinions as I can get on a coin.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>It&#039;s easy to damage coins when raw. Yes, they&#039;ve survived so far, but many of them haven&#039;t been in people&#039;s hands. I just see it as easier to store/manage when in holders, and it is definitely safer for specific high grade coins in my eyes.[/QUOTE]</p><p><br /></p>

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