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<p>[QUOTE=&quot;IdesOfMarch01, post: 2458171, member: 39084&quot;]This is the most compelling logic describing the assumptions likely to be made by novice collectors of ancients who buy slabbed ancient coins.&nbsp; Since I don&#039;t collect U.S. coins, I had been unaware (until this thread started) that NGC does actually <i>guarantee authenticity</i> for U.S. coins that they grade and slab.&nbsp; So if I were a novice collector of ancients who had <i>any</i> familiarity with NGC slabs, I would naturally assume that there was a similar guarantee and would be unlikely to read the fine print regarding their non-guarantee of authenticity.</p><p><br /></p><p>I love this point -- the analogy is dead perfect and it made me laugh aloud.&nbsp; But just as the cigarette manufacturers continue, to this day, to fight explicit warnings on cigarettes, I would assume that NGC would fight similarly explicit disclaimers on their ancient coin slabs.</p><p><br /></p><p>I continue to believe, however, that although I don&#039;t like slabs and I would not purchase a slabbed coin, NGC has every right to grade and slab ancient coins without guaranteeing authenticity -- <i>as long as that lack of guarantee is made as explicit as possible</i>.[/QUOTE]</p><p><br /></p>

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