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<p>[QUOTE="Curtisimo, post: 8185243, member: 83845"]How many slabbed ancient coins have you seen in a museum? How long have people been collecting ancient coins? What is the average life-span of a private company? (hint: the average age of companies listed on the S&P 500 is less than 18 years)</p><p><br /></p><p>My point is that on a long enough timeline the TPGs we know today will be a memory and the vast majority of the ancient coins in slabs will be busted out and resold in whatever venue is the norm at the time. Putting things in cases that you can’t open is a pretty unnatural way to own things whether you like slabs or not. Ancient coins are individual pieces of art and don’t translate well to a 1-70 numbering system where the base assumption is that all other aspects except condition are the same.</p><p><br /></p><p>My guess is that in the medium term provenance will become more important than a TPG authenticity opinion and slabs are not great in this regard as they often lead to the coin being separated from its ephemera and ending potential research opportunities. I have often wondered what the commoditization of ancient coins in the same way as modern coins would do to the regulatory environment. My guess is that it will not be good. In any case our coins will outlast regulations as well...</p><p><br /></p><p>One could make a case that in the short term the resale value of a slabbed coin is higher but even that is not beyond debate... was I the only one watching Triton this year? It’s also debatable that you wouldn’t still see a bump just from retaining the tag.</p><p><br /></p><p>I have a ton of respect for the numismatists at NGC. If they offered their authenticity opinion without the needless plastic I would be a <i>HUGE</i> fan. I could take or leave the grades but I recognize there is utility in pointing out specific issues such as tooling.</p><p><br /></p><p><br /></p><p><br /></p><p>You are not an idiot. There are a lot of new members (and lurkers?) who may not have been around a few years ago to read the older conversations. Now there are more CTers who are outspoken that they like slabs and there is nothing wrong with this. At the same time it is important to reiterate the counter-argument to that point of view from time to time.[/QUOTE]</p><p><br /></p>
[QUOTE="Curtisimo, post: 8185243, member: 83845"]How many slabbed ancient coins have you seen in a museum? How long have people been collecting ancient coins? What is the average life-span of a private company? (hint: the average age of companies listed on the S&P 500 is less than 18 years) My point is that on a long enough timeline the TPGs we know today will be a memory and the vast majority of the ancient coins in slabs will be busted out and resold in whatever venue is the norm at the time. Putting things in cases that you can’t open is a pretty unnatural way to own things whether you like slabs or not. Ancient coins are individual pieces of art and don’t translate well to a 1-70 numbering system where the base assumption is that all other aspects except condition are the same. My guess is that in the medium term provenance will become more important than a TPG authenticity opinion and slabs are not great in this regard as they often lead to the coin being separated from its ephemera and ending potential research opportunities. I have often wondered what the commoditization of ancient coins in the same way as modern coins would do to the regulatory environment. My guess is that it will not be good. In any case our coins will outlast regulations as well... One could make a case that in the short term the resale value of a slabbed coin is higher but even that is not beyond debate... was I the only one watching Triton this year? It’s also debatable that you wouldn’t still see a bump just from retaining the tag. I have a ton of respect for the numismatists at NGC. If they offered their authenticity opinion without the needless plastic I would be a [I]HUGE[/I] fan. I could take or leave the grades but I recognize there is utility in pointing out specific issues such as tooling. You are not an idiot. There are a lot of new members (and lurkers?) who may not have been around a few years ago to read the older conversations. Now there are more CTers who are outspoken that they like slabs and there is nothing wrong with this. At the same time it is important to reiterate the counter-argument to that point of view from time to time.[/QUOTE]
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