Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Break open the Slab on your ancient coin or not poll.
>
Reply to Thread
Message:
<p>[QUOTE="Carausius, post: 4507769, member: 76440"]I break 'em out because (a) I like to handle my coins and (b) I store my coins homogeneously in a manner to preserve provenance information.</p><p><br /></p><p>Philosophically, I'm okay with encapsulation of ancient coins as a practice because it may help attract new collectors to the hobby. My issue with slabbing of ancient coins is information loss. Slab labels contain very limited information and any old tags or provenance information previously associated with the coin tend to get lost once a coin is encapsulated. Sometimes old tags include important research notes or provenance finds. Provenance information is occasionally listed on NGC labels, but rarely. This information is becoming critical to the continuation of our hobby.</p><p><br /></p><p>Case in point: A few weeks ago, I bought an NGC encapsulated coin at auction. The "raw" coin had been sold about six months previously in an important, widely attended sale. The prior (6-months ago) sale catalogue included several important provenances for the coin back to the 1960s. None of those prior provenances were noted on the NGC label or in the recent auction listing. Had I not done the research, this information could easily have been lost.</p><p><br /></p><p>Of course, third party grading companies can't be expected to research provenance - that's up to the submitter and unlikley to occur when bulk submissions are made for a large auction of coins. I wish these important details could be better protected. I understand that NGC will include on a label (in abbreviated fashion) certain verifiable provenance info provided to them. I have some provenances that would require full paragraphs to fully convey, and I wonder if any grading company could manage that.</p><p><br /></p><p>David Vagi recently participated in an ANS "long table" discussion about slabbing. I very much wanted to join and raise my above issues with him. Unfortunately, the Zoom session was held in the middle of my work-from-home day.[/QUOTE]</p><p><br /></p>
[QUOTE="Carausius, post: 4507769, member: 76440"]I break 'em out because (a) I like to handle my coins and (b) I store my coins homogeneously in a manner to preserve provenance information. Philosophically, I'm okay with encapsulation of ancient coins as a practice because it may help attract new collectors to the hobby. My issue with slabbing of ancient coins is information loss. Slab labels contain very limited information and any old tags or provenance information previously associated with the coin tend to get lost once a coin is encapsulated. Sometimes old tags include important research notes or provenance finds. Provenance information is occasionally listed on NGC labels, but rarely. This information is becoming critical to the continuation of our hobby. Case in point: A few weeks ago, I bought an NGC encapsulated coin at auction. The "raw" coin had been sold about six months previously in an important, widely attended sale. The prior (6-months ago) sale catalogue included several important provenances for the coin back to the 1960s. None of those prior provenances were noted on the NGC label or in the recent auction listing. Had I not done the research, this information could easily have been lost. Of course, third party grading companies can't be expected to research provenance - that's up to the submitter and unlikley to occur when bulk submissions are made for a large auction of coins. I wish these important details could be better protected. I understand that NGC will include on a label (in abbreviated fashion) certain verifiable provenance info provided to them. I have some provenances that would require full paragraphs to fully convey, and I wonder if any grading company could manage that. David Vagi recently participated in an ANS "long table" discussion about slabbing. I very much wanted to join and raise my above issues with him. Unfortunately, the Zoom session was held in the middle of my work-from-home day.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Break open the Slab on your ancient coin or not poll.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...