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<p>[QUOTE="dougsmit, post: 2446434, member: 19463"]An opinion or two:</p><p>If you really do not believe in slabs, stop buying them. If you see a coin in a slab that you want, walk away. You will live without it. Leave written instructions in your will that your collection will not be slabbed even though it will result in a lower price realized. When you buy a slabbed coin and break it out, you enable that coin's next owner (or you) to pay again to have it slabbed again. Of course the style of slab changes so you may want to have coins in slabs redone to have the new style anyway. If you are in it for the money rather than the coins, you will play these cards differently.</p><p><br /></p><p>I would have no problem with slabs if they were recloseable and accompanied by a photo certificate like David Sear issues. There could even be a 'sealed for your protection' sticker that would show a slab had been opened. This would not work on US coins where so many look alike but a photo certificate provides a level of protection for ancients that tend to be distinct in some feature. I suppose it would leave us vulnerable to a real coin being replaced with a cast made from it and colored to match. Since there is no guarantee with the coins anyway, I'm not sure how big the problem is.</p><p><br /></p><p>I'm sorry to have lost a friend over this. I am not proud of the tone of some of the posts above but this venue has never been particularly eloquent. Slabs are not an option for a person like me who paid less than the cost of a slab for about a third of his coins. I hope this move is a sign that NGC is moving away from what I consider inappropriate business practices and toward showing expertise rather than marketing ploys. We will see. A collector my age can look forward to dying before we run out of free-breathing coins. Young collectors will participate in a different style hobby or decide that collecting old coins from a civilization hardly taught in school anymore is a stupid hobby anyway. I'll not know which.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2446434, member: 19463"]An opinion or two: If you really do not believe in slabs, stop buying them. If you see a coin in a slab that you want, walk away. You will live without it. Leave written instructions in your will that your collection will not be slabbed even though it will result in a lower price realized. When you buy a slabbed coin and break it out, you enable that coin's next owner (or you) to pay again to have it slabbed again. Of course the style of slab changes so you may want to have coins in slabs redone to have the new style anyway. If you are in it for the money rather than the coins, you will play these cards differently. I would have no problem with slabs if they were recloseable and accompanied by a photo certificate like David Sear issues. There could even be a 'sealed for your protection' sticker that would show a slab had been opened. This would not work on US coins where so many look alike but a photo certificate provides a level of protection for ancients that tend to be distinct in some feature. I suppose it would leave us vulnerable to a real coin being replaced with a cast made from it and colored to match. Since there is no guarantee with the coins anyway, I'm not sure how big the problem is. I'm sorry to have lost a friend over this. I am not proud of the tone of some of the posts above but this venue has never been particularly eloquent. Slabs are not an option for a person like me who paid less than the cost of a slab for about a third of his coins. I hope this move is a sign that NGC is moving away from what I consider inappropriate business practices and toward showing expertise rather than marketing ploys. We will see. A collector my age can look forward to dying before we run out of free-breathing coins. Young collectors will participate in a different style hobby or decide that collecting old coins from a civilization hardly taught in school anymore is a stupid hobby anyway. I'll not know which.[/QUOTE]
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