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<p>[QUOTE="Barry Murphy, post: 2548978, member: 79368"]As many of you know I started at NGC in July. I do not recall this coin coming across my desk so I am assuming it came through before I was there. Thus it's difficult to comment on the coin having not seen it in hand. And it's 330 am and I'm looking at a small photo on my phone. </p><p><br /></p><p>This coin was in the March Gorny auction where it was described as "vz" (EF) with no mention of smoothing or tooling. Over the weekend I'll look at the coin on a larger screen and see if I can track down the dies. A quick scan of coinarchives shows quite a few of similar style and perhaps the same dies. </p><p><br /></p><p>Concerning grading, NGC uses a different grading scale then that used by strictly ancient coin dealers. So the coins aren't overgraded, just graded differently. This is something I am still getting used to after 25 years being a dealer. A coin I used to call Vf may now be EF. NGC uses a grading scale for ancients that is the same scale they use for US coins. So an EF coin had a good bit of wear (look at an EF40 Indian cent or other US coin), but for an ancient dealer an EF coin is almost uncirculated and shows very little wear. What an ancient dealer would call EF NGC calls AU or ChAU. Not overgraded, just a different scale. It reminds me of the difference between EAC grading of us large cents and slabbing services, or the differences between what CNG would call a hammered ENglish penny and what Baldwin or Spink would call the same coin. Just different standards.</p><p><br /></p><p>As its late, I will post something I said in another forum earlier today......</p><p><br /></p><p>On <a href="http://www.forumancientcoins.com/numiswiki/view.asp?key=average" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/numiswiki/view.asp?key=average" rel="nofollow">average</a> we identify, grade and slab 2-400 coins <a href="http://www.forumancientcoins.com/numiswiki/view.asp?key=per" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/numiswiki/view.asp?key=per" rel="nofollow">per</a> day, some days more. Until July, the <a href="http://www.forumancientcoins.com/numiswiki/view.asp?key=ngc" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/numiswiki/view.asp?key=ngc" rel="nofollow">NGC</a> Ancients department was a 1 <a href="http://www.forumancientcoins.com/numiswiki/view.asp?key=man" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/numiswiki/view.asp?key=man" rel="nofollow">man</a> operation. If a fake slipped through every few months I wouldn't be surprised, no one is perfect. I've followed the online discussion groups since the late 90's and I know how people like to catch <a href="http://www.forumancientcoins.com/fakes/index.php" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/fakes/index.php" rel="nofollow">fakes</a> in <a href="http://www.forumancientcoins.com/numiswiki/view.asp?key=ngc" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/numiswiki/view.asp?key=ngc" rel="nofollow">NGC</a> holders. I think I've seen 10-15 examples posted online over the years and heard of a few more. Of the 500,000 coins (just a guestimate as I don't know the actual count it might be a lot more) or so that have been slabbed, that's a pretty <a href="http://www.forumancientcoins.com/numiswiki/view.asp?key=good" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/numiswiki/view.asp?key=good" rel="nofollow">good</a> <a href="http://www.forumancientcoins.com/numiswiki/view.asp?key=average" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/numiswiki/view.asp?key=average" rel="nofollow">average</a>, far better than any dealer, specially when you consider we are a fun target by some dealers and collectors to see if they can get something past us. Today was a slow day as I was working on a few other projects and have only worked on 108 coins. 12 <a href="http://www.forumancientcoins.com/fakes/index.php" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forumancientcoins.com/fakes/index.php" rel="nofollow">fakes</a> didn't get slabbed today, only 2 of which are published online anywhere, 2 came out of major auctions. </p><p><br /></p><p>More later after I get some sleep. </p><p><br /></p><p>Barry Murphy[/QUOTE]</p><p><br /></p>
[QUOTE="Barry Murphy, post: 2548978, member: 79368"]As many of you know I started at NGC in July. I do not recall this coin coming across my desk so I am assuming it came through before I was there. Thus it's difficult to comment on the coin having not seen it in hand. And it's 330 am and I'm looking at a small photo on my phone. This coin was in the March Gorny auction where it was described as "vz" (EF) with no mention of smoothing or tooling. Over the weekend I'll look at the coin on a larger screen and see if I can track down the dies. A quick scan of coinarchives shows quite a few of similar style and perhaps the same dies. Concerning grading, NGC uses a different grading scale then that used by strictly ancient coin dealers. So the coins aren't overgraded, just graded differently. This is something I am still getting used to after 25 years being a dealer. A coin I used to call Vf may now be EF. NGC uses a grading scale for ancients that is the same scale they use for US coins. So an EF coin had a good bit of wear (look at an EF40 Indian cent or other US coin), but for an ancient dealer an EF coin is almost uncirculated and shows very little wear. What an ancient dealer would call EF NGC calls AU or ChAU. Not overgraded, just a different scale. It reminds me of the difference between EAC grading of us large cents and slabbing services, or the differences between what CNG would call a hammered ENglish penny and what Baldwin or Spink would call the same coin. Just different standards. As its late, I will post something I said in another forum earlier today...... On [URL='http://www.forumancientcoins.com/numiswiki/view.asp?key=average']average[/URL] we identify, grade and slab 2-400 coins [URL='http://www.forumancientcoins.com/numiswiki/view.asp?key=per']per[/URL] day, some days more. Until July, the [URL='http://www.forumancientcoins.com/numiswiki/view.asp?key=ngc']NGC[/URL] Ancients department was a 1 [URL='http://www.forumancientcoins.com/numiswiki/view.asp?key=man']man[/URL] operation. If a fake slipped through every few months I wouldn't be surprised, no one is perfect. I've followed the online discussion groups since the late 90's and I know how people like to catch [URL='http://www.forumancientcoins.com/fakes/index.php']fakes[/URL] in [URL='http://www.forumancientcoins.com/numiswiki/view.asp?key=ngc']NGC[/URL] holders. I think I've seen 10-15 examples posted online over the years and heard of a few more. Of the 500,000 coins (just a guestimate as I don't know the actual count it might be a lot more) or so that have been slabbed, that's a pretty [URL='http://www.forumancientcoins.com/numiswiki/view.asp?key=good']good[/URL] [URL='http://www.forumancientcoins.com/numiswiki/view.asp?key=average']average[/URL], far better than any dealer, specially when you consider we are a fun target by some dealers and collectors to see if they can get something past us. Today was a slow day as I was working on a few other projects and have only worked on 108 coins. 12 [URL='http://www.forumancientcoins.com/fakes/index.php']fakes[/URL] didn't get slabbed today, only 2 of which are published online anywhere, 2 came out of major auctions. More later after I get some sleep. Barry Murphy[/QUOTE]
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If NGC wants us to take them seriously, they need to stop lying.
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