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<p>[QUOTE=&quot;Drusus, post: 457306, member: 6370&quot;]It seems it will only add a false reassurance since the company doesn&#039;t even trust its own judgment enough to stand behind the service like they do with most other coins. I guess if a person doesn&#039;t REALIZE that the authenticity isnt backed by the TPG, then they will just think its a certainty that its real and will buy buy buy <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I think you are way off base if you think a lot of current collectors of ancients will want this service...those looking to make an extra buck, and those they sell to who dont know much about what they are buying, and the TPG itself, now thats a different story.</p><p>&nbsp;</p><p>The quotes from David Vagi are his responses to questions posed about this new service from collectors and sellers on Moneta-L.</p><p>&nbsp;</p><p>I think the fear most ancient collectors seem to have about the service is that it will turn ancients into something similar to the US coin market which has become slab happy price and cleaning crazy, as if the mission is to slab every US coin ever made. Practices found in the US market will creep into ancients like charging an outrageous premium for a coin that is one point higher in a subjective TPG grade than another. In other words, negatively effecting the buyers in terms of prices for far more common type of coins than you find in ancients but with high prices because its an MS-69.</p><p>&nbsp;</p><p>I tend to agree with most of them when they say the only people such a service would help would be people too lazy to attribute a coin by themselves, or learn a bit about how to spot fakes...which most ancients collectors enjoy doing themselves. This service might help new collectors who have decided to start buying ancients without learning enough first and give them a sense of security when buying something they know little about...again...it helps the seller on several levels but not so much the average ancients collector. As I am a collector and not a seller, I could care less if new collectors feel a bit more at ease about buying a coin without knowing squat about ancients, the fewer people out there bidding for coins I want the better. Why would a collector willing want to attract MORE people to bid against him? Not to mention people who rely on slabbing to pu thtem at ease thus raising the prices of coins that are already on the rise.</p><p>&nbsp;</p><p>I am not disappointed that the general view it seems for the lions share of the collectors I have seen responses from was negative and I simply dont see a lot of existing collectors rushing to pay to slab up their coins behind a cheap plastic sheen for a unguaranteed assurance of authenticity and a highly subjective grade. I certainly hope TPGs dont pollute ancients the way they have american coins but I guess we will wait and see.[/QUOTE]</p><p><br /></p>

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