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First NGC Ancient slab I've seen
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<p>[QUOTE="Drusus, post: 582601, member: 6370"]Exactly...its a false sense of security as many people will not go to the NGC site and read the little blurb about how they will not guarantee authenticity....so they will think that if its slabbed by a TPG that it must be real. This is a problem as a whole for collecting. For some reason, many people think plastic means its okay when half the coins being slabbed by this company could be fake. I have seen it a million times here on a forum 'I wouldnt buy a coin like that unless it was slabbed'....people, for some reason, often simply cannot buy a coin unslabbed...and those who slab them are doing so, I have no doubt, because they can buy a coin raw and hike the price up with plastic and a slip of paper.</p><p> </p><p>Not only will it make any REAL coins slabbed more expensive (just simply because its in plastic and for no other reason as we have seen in other areas where slabbing has become the rule and prices get jacked up)...one more coin out of reach for poor collectors looking for a reasonably priced coin. It also means that the collector doesnt even have to do a bit of research (unless its a false attribution, which doesnt seem overly rare) as all attribution has been done for them. IMO, thats one of the greatest things about ancients are the large amounts of varieties and the search for the right attribution.</p><p> </p><p>IMO, if all they are saying is they are going to attribute the coin and give it an arbitrary rating...the service is useless and shows that, in the end, its just an attempt to expand revenues for the company and suck just a little more money out of collectors...and collectors are fooled into think this is a GOOD thing...its like they WANT to pay more money!! It also allows flippers yet another excuse to hike the price of a new area of coinage....again...just about sucking more money out of an already expensive hobby. The end collector like myself is like a target to money grubbing scumbag vultures, any excuse to justify more and more money....they just want to make you part with more of your money.</p><p> </p><p>The only reason I would EVER send a coin in to a third party is if I had a question about authenticity...as they do not have enough confidence in their abilities to do anything more than slab it, attribute it, and rate it (fake or not) then it seems useless to me...and as orc said, it is also deceptive as any one of those coins could be fake, it will make people think that it being slabbed means its real and that NGC would stand behind any mistake they made...which they wont. Learn about your hobby...learn to do it yourself. Attribute it yourself and get good advice offered in many places for free about authenticity...I honestly dont care if people are too lazy to learn about the hobby they are a part of...I just dont want slabbing to become the norm and find coin prices across the board hiked by middlemen.[/QUOTE]</p><p><br /></p>
[QUOTE="Drusus, post: 582601, member: 6370"]Exactly...its a false sense of security as many people will not go to the NGC site and read the little blurb about how they will not guarantee authenticity....so they will think that if its slabbed by a TPG that it must be real. This is a problem as a whole for collecting. For some reason, many people think plastic means its okay when half the coins being slabbed by this company could be fake. I have seen it a million times here on a forum 'I wouldnt buy a coin like that unless it was slabbed'....people, for some reason, often simply cannot buy a coin unslabbed...and those who slab them are doing so, I have no doubt, because they can buy a coin raw and hike the price up with plastic and a slip of paper. Not only will it make any REAL coins slabbed more expensive (just simply because its in plastic and for no other reason as we have seen in other areas where slabbing has become the rule and prices get jacked up)...one more coin out of reach for poor collectors looking for a reasonably priced coin. It also means that the collector doesnt even have to do a bit of research (unless its a false attribution, which doesnt seem overly rare) as all attribution has been done for them. IMO, thats one of the greatest things about ancients are the large amounts of varieties and the search for the right attribution. IMO, if all they are saying is they are going to attribute the coin and give it an arbitrary rating...the service is useless and shows that, in the end, its just an attempt to expand revenues for the company and suck just a little more money out of collectors...and collectors are fooled into think this is a GOOD thing...its like they WANT to pay more money!! It also allows flippers yet another excuse to hike the price of a new area of coinage....again...just about sucking more money out of an already expensive hobby. The end collector like myself is like a target to money grubbing scumbag vultures, any excuse to justify more and more money....they just want to make you part with more of your money. The only reason I would EVER send a coin in to a third party is if I had a question about authenticity...as they do not have enough confidence in their abilities to do anything more than slab it, attribute it, and rate it (fake or not) then it seems useless to me...and as orc said, it is also deceptive as any one of those coins could be fake, it will make people think that it being slabbed means its real and that NGC would stand behind any mistake they made...which they wont. Learn about your hobby...learn to do it yourself. Attribute it yourself and get good advice offered in many places for free about authenticity...I honestly dont care if people are too lazy to learn about the hobby they are a part of...I just dont want slabbing to become the norm and find coin prices across the board hiked by middlemen.[/QUOTE]
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First NGC Ancient slab I've seen
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