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<p>[QUOTE="dougsmit, post: 2652231, member: 19463"]As so often is the case I have little problem with the grading concepts as used by NGC but dislike immensely the combining that with placing the coin in sealed slabs. For years we had David Sear issuing opinions for sale with the coin identified by a photo. That would require the purchaser of his services to be able to match up certificates filled with information with coins that still allowed handling. I understand why modern coins need to be entombed to prevent degradation or switching identical types but this is not the situation with ancients. Instead we have coins turned into commodities for the benefit of those who have no desire to learn. The only information provided is the grade (including the on/off 'fine style'). The ID information is really minimal as is the chance that the buyer of the coin will benefit in any way other than inflating the market price. About the time I might be tending to accept their practices, they downgraded to coins not assigned strike and surface ratings for a discount. The samples we saw in the video all struck me as coins that could have been part of a bulk lot (all Greek silver, all about the same condition) so I do not know if we are getting the 5 seconds of expert services for the full price or lower tier service. I have to wonder if the coins were presorted by a lower level grader so all the hands we saw had to do is type in a note on the few that were not correctly prescreened. We saw nothing that would require cracking a book or otherwise not be serviceable in the five seconds in hand. I wonder what percentage of coins graded fit this category. Mr. Vagi is most certainly correct that he could never know what to expect in each box. I know if I were doing it, I would be good and tired of seeing another box of MS Alexanders.</p><p><br /></p><p>I enjoyed the video and agree with 90% of the comments made. Unfortunately this positive attitude toward NGC work does not transfer to the other brands of expert services but beginners do not necessarily know to make the distinction.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2652231, member: 19463"]As so often is the case I have little problem with the grading concepts as used by NGC but dislike immensely the combining that with placing the coin in sealed slabs. For years we had David Sear issuing opinions for sale with the coin identified by a photo. That would require the purchaser of his services to be able to match up certificates filled with information with coins that still allowed handling. I understand why modern coins need to be entombed to prevent degradation or switching identical types but this is not the situation with ancients. Instead we have coins turned into commodities for the benefit of those who have no desire to learn. The only information provided is the grade (including the on/off 'fine style'). The ID information is really minimal as is the chance that the buyer of the coin will benefit in any way other than inflating the market price. About the time I might be tending to accept their practices, they downgraded to coins not assigned strike and surface ratings for a discount. The samples we saw in the video all struck me as coins that could have been part of a bulk lot (all Greek silver, all about the same condition) so I do not know if we are getting the 5 seconds of expert services for the full price or lower tier service. I have to wonder if the coins were presorted by a lower level grader so all the hands we saw had to do is type in a note on the few that were not correctly prescreened. We saw nothing that would require cracking a book or otherwise not be serviceable in the five seconds in hand. I wonder what percentage of coins graded fit this category. Mr. Vagi is most certainly correct that he could never know what to expect in each box. I know if I were doing it, I would be good and tired of seeing another box of MS Alexanders. I enjoyed the video and agree with 90% of the comments made. Unfortunately this positive attitude toward NGC work does not transfer to the other brands of expert services but beginners do not necessarily know to make the distinction.[/QUOTE]
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