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<p>[QUOTE="dougsmit, post: 1908814, member: 19463"]Too, too many points:</p><p>1. I do not like to hear any suggestion that David Vagi would in any way tip the scales of a questionable coin just to collect the 1%. I believe he is way too honest to do something like that but I know he is too smart. Exactly one case of something like this would end NGC permanently. The ancient coin fraternity has been based on trust and honor with ungodly sums of money. People who are not trustworthy are known. You can be wrong many times and be forgiven; you can be caught being dishonest exactly once. </p><p><br /></p><p>2. There are examples of slabbed coins that are either misidentified or fake. They are very rare. In fact, I suspect a genuine NGC slab containing a demonstrated fake would sell at auction for double what it would bring with a real coin inside. Off brand slabs with coins of Elagabalus IDed as Caracalla exist but I was too stupid to buy the one I saw for sale. I would love to own an NGC error which is about as nice a compliment as I can imagine saying about their service. We all make errors. If you sent a lot of really uncertain coins to them I would expect them to refuse to slab many more real coins than they would slab a fake. When we buy coins we all can use this same technique. If I am 2% doubtful of a coin's authenticity, I can decide to just walk away and spend my limited budget on something else. If I were running a slabbing service, I would make regular use of the 'don't know, can't tell' option even if it lost me a customer every time I did it. I own a dozen or so coins I would not sell to anyone who know less about coins than I do simply because they violate that 2% doubt rule. </p><p><br /></p><p>3. Harlan Berk is a genuine expert in some fields and employs some of the greatest numismatic minds in others. He will make an occasional mistake as will anyone else. I would so, so rather have a coins with his fingerprints on it than one in a slab of any brand. That said, he shocked me by saying 'not the internet'. His firm has a web site and his firm sells some lesser coins on eBay. I know a few coin books that have more errors than any web site. It is not the venue that makes something good or bad; it is the content. Similarly, I would feel better about a coin that Harlan Berk and his staff had seen RAW than one they themselves had only seen slabbed. Slabs make it hard to examine a coin fully. It is not the type of container but the clarity of eye and mind that saw the coin. </p><p><br /></p><p>4. I know many reasonably good sources of coin information online and on paper. I do not know a single source of what I would consider useful information as to prices for ancient coins. I believe it is impossible to write a guide that does not require the user to know more going into the process than they are likely to gain from the guide. Sure you can record what 'similar' coins sold for in past times and places. Armed with that information all you have to do is apply all the minor variables and you have the answer. As soon as I understand <i>all</i> of those variables, I'll let you know.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1908814, member: 19463"]Too, too many points: 1. I do not like to hear any suggestion that David Vagi would in any way tip the scales of a questionable coin just to collect the 1%. I believe he is way too honest to do something like that but I know he is too smart. Exactly one case of something like this would end NGC permanently. The ancient coin fraternity has been based on trust and honor with ungodly sums of money. People who are not trustworthy are known. You can be wrong many times and be forgiven; you can be caught being dishonest exactly once. 2. There are examples of slabbed coins that are either misidentified or fake. They are very rare. In fact, I suspect a genuine NGC slab containing a demonstrated fake would sell at auction for double what it would bring with a real coin inside. Off brand slabs with coins of Elagabalus IDed as Caracalla exist but I was too stupid to buy the one I saw for sale. I would love to own an NGC error which is about as nice a compliment as I can imagine saying about their service. We all make errors. If you sent a lot of really uncertain coins to them I would expect them to refuse to slab many more real coins than they would slab a fake. When we buy coins we all can use this same technique. If I am 2% doubtful of a coin's authenticity, I can decide to just walk away and spend my limited budget on something else. If I were running a slabbing service, I would make regular use of the 'don't know, can't tell' option even if it lost me a customer every time I did it. I own a dozen or so coins I would not sell to anyone who know less about coins than I do simply because they violate that 2% doubt rule. 3. Harlan Berk is a genuine expert in some fields and employs some of the greatest numismatic minds in others. He will make an occasional mistake as will anyone else. I would so, so rather have a coins with his fingerprints on it than one in a slab of any brand. That said, he shocked me by saying 'not the internet'. His firm has a web site and his firm sells some lesser coins on eBay. I know a few coin books that have more errors than any web site. It is not the venue that makes something good or bad; it is the content. Similarly, I would feel better about a coin that Harlan Berk and his staff had seen RAW than one they themselves had only seen slabbed. Slabs make it hard to examine a coin fully. It is not the type of container but the clarity of eye and mind that saw the coin. 4. I know many reasonably good sources of coin information online and on paper. I do not know a single source of what I would consider useful information as to prices for ancient coins. I believe it is impossible to write a guide that does not require the user to know more going into the process than they are likely to gain from the guide. Sure you can record what 'similar' coins sold for in past times and places. Armed with that information all you have to do is apply all the minor variables and you have the answer. As soon as I understand [I]all[/I] of those variables, I'll let you know.[/QUOTE]
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