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<p>[QUOTE=&quot;dougsmit, post: 5009968, member: 19463&quot;]I would not go that far.&nbsp; I don&#039;t know anyone whose opinion I trust any more than the two NGC graders but IF they were to guarantee authenticity, NGC would have to buy insurance against the outside chance of error and that would raise the price of their service greatly.&nbsp; There are a thousand time more types of ancient coin that these people have to know compared to US coins.&nbsp; If I ran NGC, I would not consider a cash guarantee for errors.&nbsp; I remember too well the fiasco we call the Black Sea Hoard and still have the advertisement sent out by the first class seller of ancients offering a pair of the fakes for $500.&nbsp; IMHO that ad is more valuable than a genuine coin of those two types.&nbsp; The cash guarantee on moderns is not nearly the risk. All the types have been studied to death.&nbsp; It is reasonable to expect very few errors.&nbsp;&nbsp; The added cost of a slab pretty much guarantees I will not be buying that coin unless it is a case where someone had a coin slabbed and got a low grade that made the coin hard to sell to the usual slab buyers who thing all coins have to be EF+. </p><p><br /></p><p><br /></p><p><br /></p><p>The quote above paragraph is very true and describes the situation well.&nbsp; Many fakes are sold by honest people whose experience and expertise is not as high as we might hope. </p><p><br /></p><p><br /></p><p>The answer here is how much would you be able to tolerate losing.&nbsp; I have a coin that I bought for $250 that I would like to have an opinion on but I am not curious enough to pay $50.&nbsp; When I die, my coins will go to a dealer who will be expected to have an opinion on that coin and act accordingly.&nbsp; So far my biggest (known as of today) mistake was $100 about 30 years ago.&nbsp; I have received at least that much education from that coin.&nbsp; Tuition in higher education is not cheap.&nbsp; Your bracket may be ten time mine.&nbsp; In any event, I do not buy $1000 coins at a flea market.&nbsp; I know collectors who have very few coin under that figure.&nbsp; Act in accordance with your comfort level.[/QUOTE]</p><p><br /></p>

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