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<p>[QUOTE="Heliodromus, post: 8113166, member: 120820"]Seeing as I'm the one that pointed that out, I'll respond.</p><p><br /></p><p>It's not that NGC in general doesn't guarantee their work, it's that NGC Ancients does not.</p><p><br /></p><p>NGC seem to have built their reputation at least in part on providing money-back guarantees, both of authenticity and of grading. The name "Numismatic Guarantee Corp." reflects that.</p><p><br /></p><p>The NGC Ancients guarantee is different, and spelled out on their web site:</p><p><br /></p><p><a href="https://www.ngccoin.com/specialty-services/ancient-coins/guarantee.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ngccoin.com/specialty-services/ancient-coins/guarantee.aspx" rel="nofollow">https://www.ngccoin.com/specialty-services/ancient-coins/guarantee.aspx</a></p><p><br /></p><p>To an extent NGC Ancients seems to be riding on the coattails of their established non-ancient slabbing business, and the faith that people rightfully have in the authenticity of an NGC slabbed coin. I'm not suggesting there is anything sub-par about NGC Ancients authentication - quite the opposite, although if I was in the market for authentication I'd much prefer a photo certificate with either David Vagi's or Barry Murphy's signature on it, rather than a generic slab that gives no indication of who's opinion it is.</p><p><br /></p><p>It'd be interesting to know if NGC Ancients ever did consider a money-back guaranteed tier of service. Given that they obviously get it right the vast majority of the time, I'd have thought it'd be possible to self-insure and still make a profit. Maybe reject the occasional expensive coin where the insurance risk seems unreasonable.[/QUOTE]</p><p><br /></p>
[QUOTE="Heliodromus, post: 8113166, member: 120820"]Seeing as I'm the one that pointed that out, I'll respond. It's not that NGC in general doesn't guarantee their work, it's that NGC Ancients does not. NGC seem to have built their reputation at least in part on providing money-back guarantees, both of authenticity and of grading. The name "Numismatic Guarantee Corp." reflects that. The NGC Ancients guarantee is different, and spelled out on their web site: [URL]https://www.ngccoin.com/specialty-services/ancient-coins/guarantee.aspx[/URL] To an extent NGC Ancients seems to be riding on the coattails of their established non-ancient slabbing business, and the faith that people rightfully have in the authenticity of an NGC slabbed coin. I'm not suggesting there is anything sub-par about NGC Ancients authentication - quite the opposite, although if I was in the market for authentication I'd much prefer a photo certificate with either David Vagi's or Barry Murphy's signature on it, rather than a generic slab that gives no indication of who's opinion it is. It'd be interesting to know if NGC Ancients ever did consider a money-back guaranteed tier of service. Given that they obviously get it right the vast majority of the time, I'd have thought it'd be possible to self-insure and still make a profit. Maybe reject the occasional expensive coin where the insurance risk seems unreasonable.[/QUOTE]
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