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<p>[QUOTE="kirispupis, post: 7384227, member: 118780"]What you say is true, but my concern is since there's no actual guarantee, one can't fully trust a slabbed coin as genuine. Even worse is that most vendors can only blindly trust the TPG since the coin isn't available for close inspection.</p><p><br /></p><p>From a security standpoint, this is a huge hole. If I were manufacturing my own fakes, I'd want to build them up to where I can trick NGC. Once that's done, I can sell my coins on the most vaunted auction sites without a worry that they'll be caught.</p><p><br /></p><p>For me, this lowers my value of TPGs significantly. Since I don't know how exhaustive NGC's evaluation is compared to the major auction houses like CNG, I'd rather take the word of a vendor that at least provides the option to return a coin if it's determined to be fake. For NGC encased coins, even if I remove the coin from the case and then find it to be fake, there will be a huge burden on me to prove it since the vendor can state that NGC encased it.[/QUOTE]</p><p><br /></p>
[QUOTE="kirispupis, post: 7384227, member: 118780"]What you say is true, but my concern is since there's no actual guarantee, one can't fully trust a slabbed coin as genuine. Even worse is that most vendors can only blindly trust the TPG since the coin isn't available for close inspection. From a security standpoint, this is a huge hole. If I were manufacturing my own fakes, I'd want to build them up to where I can trick NGC. Once that's done, I can sell my coins on the most vaunted auction sites without a worry that they'll be caught. For me, this lowers my value of TPGs significantly. Since I don't know how exhaustive NGC's evaluation is compared to the major auction houses like CNG, I'd rather take the word of a vendor that at least provides the option to return a coin if it's determined to be fake. For NGC encased coins, even if I remove the coin from the case and then find it to be fake, there will be a huge burden on me to prove it since the vendor can state that NGC encased it.[/QUOTE]
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