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<p>[QUOTE="dougsmit, post: 2277287, member: 19463"]I know a couple people whose opinion I would value as much as I would Sear's and I would hope that one would step up and offer the service but no one is going to offer a guarantee on ancients. There are just too many ancients that a jury of twelve high level experts would be split on. To collect on life insurance you have to be able to prove the insured is dead. The few types and small number of dies (relatively speaking) allow there to be experts whose opinions are close enough to certain that they are insurable. There are ancients that have been found to be real after a century of condemnation when a second turned up under unimpeachable circumstances. There are fakes that have been discovered after the fact that embarrassed major experts. Being in the ground is not a sure sign. There are dozens of factors and a million varieties (that is not an exaggerated number but neither is it a count) as distinct as the difference between the VDB and non-VDB Lincolns. To learn them all completely will take a while considering the number that are known to exist only in one specimen and the real possibility that another will turn up either in the soil of Germany or a collection of the great grandchildren of a guy that found it during WWI. We do the best we can. The best of us will err on occasion. </p><p><br /></p><p>PGCS knows well enough that they don't know enough to do ancients properly. To change this they would have to hire a crew of very expensive people or decide to offer opinions some of us might not respect for a few decades until we saw how they do. Does that sound like a sound business model? NGC seems to be doing pretty well. Could the market support both them and a competitor? Don't tell me there are other companies already in the business. Do you trust them? </p><p><br /></p><p>Buy from trusted and knowledgeable sellers.</p><p><br /></p><p><br /></p><p><br /></p><p>Several members of this list have coins that show this is not true. The chances of a new variety being found each year is real. The number of catalogs that are the latest word in their field and fifty years old is considerable. We have learned a lot in fifty years. If 'just about' means 99%, maybe. 1% of a million is 10,000.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2277287, member: 19463"]I know a couple people whose opinion I would value as much as I would Sear's and I would hope that one would step up and offer the service but no one is going to offer a guarantee on ancients. There are just too many ancients that a jury of twelve high level experts would be split on. To collect on life insurance you have to be able to prove the insured is dead. The few types and small number of dies (relatively speaking) allow there to be experts whose opinions are close enough to certain that they are insurable. There are ancients that have been found to be real after a century of condemnation when a second turned up under unimpeachable circumstances. There are fakes that have been discovered after the fact that embarrassed major experts. Being in the ground is not a sure sign. There are dozens of factors and a million varieties (that is not an exaggerated number but neither is it a count) as distinct as the difference between the VDB and non-VDB Lincolns. To learn them all completely will take a while considering the number that are known to exist only in one specimen and the real possibility that another will turn up either in the soil of Germany or a collection of the great grandchildren of a guy that found it during WWI. We do the best we can. The best of us will err on occasion. PGCS knows well enough that they don't know enough to do ancients properly. To change this they would have to hire a crew of very expensive people or decide to offer opinions some of us might not respect for a few decades until we saw how they do. Does that sound like a sound business model? NGC seems to be doing pretty well. Could the market support both them and a competitor? Don't tell me there are other companies already in the business. Do you trust them? Buy from trusted and knowledgeable sellers. Several members of this list have coins that show this is not true. The chances of a new variety being found each year is real. The number of catalogs that are the latest word in their field and fifty years old is considerable. We have learned a lot in fifty years. If 'just about' means 99%, maybe. 1% of a million is 10,000.[/QUOTE]
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