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<p>[QUOTE="Orfew, post: 2524064, member: 74968"]First point: NGC do not offer a "security blanket", they offer a false sense of security. NGC has made plenty of mistakes which you can find by searching boards such as this. I trust David Vagi at NGC, the people he has hired-not so much. </p><p><br /></p><p>NGC and other TPGs sell this so called security as a lure to get unknowledgable/new collectors hooked on their wares. TPGs are about selling the slabs and profiting from those who refuse to do their research.</p><p><br /></p><p>Second point: There is no excuse for not doing your research if you are a new collector. A responsible collector tries to find out about the item before they buy it. This applies to many areas outside of coins. There are thousands of resources available for free online.</p><p><br /></p><p>There are plenty of great online resources for the new collector including this board and Forvm which has an extensive section just for the beginner. There are many generous people willing to give their valuable time to answer any and all questions. Also, a new collector could do a lot worse than buying a coin from Forvm which offers a guarantee for eternity.</p><p><br /></p><p>Last point; I do not trust the TPGs with ancient coins. The grading system is inadequate and can cause buyers to buy the grade and not the coin. In fact, they want to sell you the grade implying that you need to get the highest grade available.</p><p><br /></p><p>In other words I will NOT be singing the praises of NGC or any TPG anytime soon.[/QUOTE]</p><p><br /></p>
[QUOTE="Orfew, post: 2524064, member: 74968"]First point: NGC do not offer a "security blanket", they offer a false sense of security. NGC has made plenty of mistakes which you can find by searching boards such as this. I trust David Vagi at NGC, the people he has hired-not so much. NGC and other TPGs sell this so called security as a lure to get unknowledgable/new collectors hooked on their wares. TPGs are about selling the slabs and profiting from those who refuse to do their research. Second point: There is no excuse for not doing your research if you are a new collector. A responsible collector tries to find out about the item before they buy it. This applies to many areas outside of coins. There are thousands of resources available for free online. There are plenty of great online resources for the new collector including this board and Forvm which has an extensive section just for the beginner. There are many generous people willing to give their valuable time to answer any and all questions. Also, a new collector could do a lot worse than buying a coin from Forvm which offers a guarantee for eternity. Last point; I do not trust the TPGs with ancient coins. The grading system is inadequate and can cause buyers to buy the grade and not the coin. In fact, they want to sell you the grade implying that you need to get the highest grade available. In other words I will NOT be singing the praises of NGC or any TPG anytime soon.[/QUOTE]
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I confess! I'm a slabber.
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