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<p>[QUOTE="Ken Dorney, post: 2458014, member: 76086"]This topic is incredibly multi-faceted. On its base, nobody who slabs ancients will offer a guarantee of authenticity (while at the same time they infer that they are doing so. I know, I think that is crappy and disingenuous, which is just one reason I would never slab an ancient). Likely the major reason is that experts often disagree on authenticity and often change their minds as well at different times. Also, there is the liability. They slightly attribute the coin, grade it and encapsulate it. That is the limit of their involvement of the coin. They dont own it. They didnt sell it. If they offered a guarantee of authenticity then that coin would bring them potential liability for as long as the company exists and as long as the coin remained in the holder. That would never happen. Only a dealer will give a lifetime guarantee.</p><p><br /></p><p>But, as a side note: As I mentioned experts often change their minds on coins (or hoards). Many years ago there was a hoard (I wont mention which it is as I dont want this to turn into something else). For the first couple of years the coins were considered genuine. Then, doubts arose. Ultimately they were declared fake. OK. So, I was speaking with one dealer (we all know him, is one of the top experts in the world and is somewhat beyond reproach). We discussed the hoard and I explained why I felt they might be OK. He told me a long story of how he 'knew' they were fake, because he traveled to eastern Europe and actually bought ALL the dies used to make the hoard. When I questioned him further he refused to publish them, nor was he willing to show anyone these supposed dies (nor has he ever in the 25 years since). To this day this hoard is still condemned though no actual evidence (other than opinion) has ever produced or published. Ultimately, just an opinion (and I still think his story is bunk). And no, not the 'Black Sea Hoard' in case anyone is guessing! Nor did I ever buy any of them, so I had no financial gain or loss in the issue.[/QUOTE]</p><p><br /></p>
[QUOTE="Ken Dorney, post: 2458014, member: 76086"]This topic is incredibly multi-faceted. On its base, nobody who slabs ancients will offer a guarantee of authenticity (while at the same time they infer that they are doing so. I know, I think that is crappy and disingenuous, which is just one reason I would never slab an ancient). Likely the major reason is that experts often disagree on authenticity and often change their minds as well at different times. Also, there is the liability. They slightly attribute the coin, grade it and encapsulate it. That is the limit of their involvement of the coin. They dont own it. They didnt sell it. If they offered a guarantee of authenticity then that coin would bring them potential liability for as long as the company exists and as long as the coin remained in the holder. That would never happen. Only a dealer will give a lifetime guarantee. But, as a side note: As I mentioned experts often change their minds on coins (or hoards). Many years ago there was a hoard (I wont mention which it is as I dont want this to turn into something else). For the first couple of years the coins were considered genuine. Then, doubts arose. Ultimately they were declared fake. OK. So, I was speaking with one dealer (we all know him, is one of the top experts in the world and is somewhat beyond reproach). We discussed the hoard and I explained why I felt they might be OK. He told me a long story of how he 'knew' they were fake, because he traveled to eastern Europe and actually bought ALL the dies used to make the hoard. When I questioned him further he refused to publish them, nor was he willing to show anyone these supposed dies (nor has he ever in the 25 years since). To this day this hoard is still condemned though no actual evidence (other than opinion) has ever produced or published. Ultimately, just an opinion (and I still think his story is bunk). And no, not the 'Black Sea Hoard' in case anyone is guessing! Nor did I ever buy any of them, so I had no financial gain or loss in the issue.[/QUOTE]
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