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<p>[QUOTE=&quot;IdesOfMarch01, post: 2424483, member: 39084&quot;]I&#039;m going to go out on a limb here and defend NGC&#039;s unwillingness to guarantee the ancient coins that they slab. </p><p><br /></p><p>In contrast to an auction house, NGC is not making a 17.5% or greater buyer&#039;s fee on the coins, nor do they have the extensive knowledge and history that most of the better auction houses have accumulated over the past decades. </p><p><br /></p><p>In order to actually guarantee authenticity, NGC would need to charge extra for this feature, and &quot;lay off&quot; the &quot;guarantee&quot; risk to an insurance company willing to accept NGC&#039;s expertise in the ancient coin field.&nbsp; My guess is that there are few, if any, insurers willing to do this, and NGC is not in a position to self-guarantee without exorbitant additional charges.</p><p><br /></p><p>If I were running NGC, I would not offer an authenticity guarantee either.&nbsp; It&#039;s just a fundamentally sound business decision, although it pretty much renders their slabbing service worthless (in my opinion) for ancients.</p><p><br /></p><p>However, I do think NGC should be willing to refund their slabbing fees if the coin is later shown to be counterfeit.&nbsp; At least this would be some sort of guarantee.[/QUOTE]</p><p><br /></p>

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