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<p>[QUOTE=&quot;IdesOfMarch01, post: 2448159, member: 39084&quot;]4to2centBC, let me start by admitting that I&#039;m confused and puzzled by most of the statements in your latest post in this thread, but there are a couple of them that I <i>think</i> I understand and would like to clarify my position.</p><p><br /></p><p><br /></p><p>I&#039;m assuming you mean &quot;Nor is it the <i>law&#039;s</i>&quot; (possessive) and not &quot;<i>laws</i>&quot; (plural) since that helps my understanding of your post.&nbsp; I&#039;m not, in fact, passing a &quot;good vs. bad&quot; judgment on whether NGC should provide some guarantee of the coins they slab.&nbsp; I&#039;m simply pointing out the difficulties in providing a meaningful, functional guarantee, and stating that my personal opinion is that an NGC guarantee would not be regarded as valuable <i>by me</i> as an experienced collector for those coins that I collect.</p><p><br /></p><p><br /></p><p>You may be missing my meaning here.&nbsp; Lower risk doesn&#039;t mean zero risk. That&#039;s my point.&nbsp; I would still realize I had an exposure to the slabbed coin being fake.</p><p><br /></p><p>[Added later.]&nbsp; One other thought.&nbsp; You write &quot;but I think you disqualify the implied guarantee to readily.&quot; (I assume you mean &quot;too readily&quot;)&nbsp; In fact, I&#039;m not dismissing anything because I don&#039;t assume there&#039;s an implied guarantee.&nbsp; NGC is a business that provides <b>grading</b> services, not authentication services.&nbsp; They could just as easily grade a counterfeit and be well within their business purview.&nbsp; It is simply that their disclaimer makes it clear that they attempt to avoid grading counterfeits, so if I were a novice, I would feel I&#039;m taking less risk if I purchased an NGC-slabbed ancient coin.[/QUOTE]</p><p><br /></p>

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