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<p>[QUOTE="Drusus, post: 455881, member: 6370"]Other ancient collectors said it better than I could:</p><p> </p><p>"I can see slabbing of ancients to be of benefit to those who only treat ancient coins as a commodity to make money from. that would be dealers, investors, and the slabbing company."</p><p> </p><p>Then there is the fact that David Vagi has said they will not guarentee the authentication service. </p><p> </p><p><i>For the record, we are not guaranteeing the ancients. Though we will never</i></p><p><i>holder a coin we suspect is fake (that, in itself, is a worthwhile service (<b>thats good I guess</b>), any actual warranties remain a private matter between buyer and seller.</i></p><p> </p><p>Which begs the question, what purpose is the service if they will not stand behind any authentication? Is that not one of the main issues in ancients and what would be the main reason why one would send a coin to them? To quote another collector:</p><p> </p><p><i>So it then is just a service to let coin dealers charge</i></p><p><i>higher prices to newbies and TV shopping channel buyers. Its</i></p><p><i>"service" provides a sense of fake security, a big plastic holder that</i></p><p><i>means nothing. </i></p><p> </p><p>He says they will not use an MS-whatever grading system then recites a system which in the end will be about the same in its purpose:</p><p> </p><p><i>As for grading, we will be assigning an adjectival grade (not MS 62, etc.)</i></p><p><i>for wear, and will be separately evaluating 1) Strike, 2) Surface, and 3)</i></p><p><i>Style. The first two will be rated on a scale of 1-5, and the last will be</i></p><p><i>indicated if the coin is of superior style.</i></p><p> </p><p>So if this thing becomes the norm...how much MORE do you think people will charge for a 5/5 superior than a 4/5 superior <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Judging by the reaction, I have a feeling that this service is not filling them with excitement to go out and encase their coins in cheap plastic.[/QUOTE]</p><p><br /></p>
[QUOTE="Drusus, post: 455881, member: 6370"]Other ancient collectors said it better than I could: "I can see slabbing of ancients to be of benefit to those who only treat ancient coins as a commodity to make money from. that would be dealers, investors, and the slabbing company." Then there is the fact that David Vagi has said they will not guarentee the authentication service. [I]For the record, we are not guaranteeing the ancients. Though we will never[/I] [I]holder a coin we suspect is fake (that, in itself, is a worthwhile service ([B]thats good I guess[/B]), any actual warranties remain a private matter between buyer and seller.[/I] Which begs the question, what purpose is the service if they will not stand behind any authentication? Is that not one of the main issues in ancients and what would be the main reason why one would send a coin to them? To quote another collector: [I]So it then is just a service to let coin dealers charge[/I] [I]higher prices to newbies and TV shopping channel buyers. Its[/I] [I]"service" provides a sense of fake security, a big plastic holder that[/I] [I]means nothing. [/I] He says they will not use an MS-whatever grading system then recites a system which in the end will be about the same in its purpose: [I]As for grading, we will be assigning an adjectival grade (not MS 62, etc.)[/I] [I]for wear, and will be separately evaluating 1) Strike, 2) Surface, and 3)[/I] [I]Style. The first two will be rated on a scale of 1-5, and the last will be[/I] [I]indicated if the coin is of superior style.[/I] So if this thing becomes the norm...how much MORE do you think people will charge for a 5/5 superior than a 4/5 superior :) Judging by the reaction, I have a feeling that this service is not filling them with excitement to go out and encase their coins in cheap plastic.[/QUOTE]
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