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<p>[QUOTE=&quot;dougsmit, post: 3025507, member: 19463&quot;]I agree.&nbsp; When you discuss specific lots openly you drive up the price rightly or not for whchever of our group was already bidding on that lot.&nbsp; It is fine to say something like &quot;There are many nice coins in the April 1 XYZcoins sale&quot; but not &quot;Lot 1234 in the XYZsale is a real sleeper which I&#039;d bid on except for the fact I already have a nicer one.&quot;&nbsp; PM your friends before the closing and discuss openly only after the sale lots that you did not understand (high or low).&nbsp; Not everyone is impressed by mint state coins; not everyone is impressed by fine style coins; not everyone is impressed by rare coins.&nbsp; When we show what we bought after a sale is over, the majority of us can not understand why those were the lots we wanted. </p><p><br /></p><p>For the record:&nbsp; I greatly respect the knowledge and professionalism of the NGC &quot;graders&quot; but have absolutely no use for their little plastic boxes and the idea so common among so many new collectors that those boxes are worth more money than the coin inside.&nbsp; The fact is no TPG could offer an authenticity guarantee on ancient coins.&nbsp; The subject is just too complex and the number of types too massive.&nbsp; NGC even refuses to slab certain coins, again wisely, because those specialties don&#039;t overlap with their expertise (yet?).&nbsp; Properly identifying some coins is not as obvious as we would like.&nbsp; I do not own a coin in an NGC slab and have never opened one.&nbsp; I do have a few coins that came with NGC labels from slabs opened by a previous owner.&nbsp; I enjoy seeing their opinions but do not worship them.&nbsp; I own many more coins sold by dealers whose expertise I respected who did offer a money back guarantee of authenticity and even have received a few refunds over the years when mistakes were discovered.&nbsp; We each will follow our own paths in the hobby.[/QUOTE]</p><p><br /></p>

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