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<p>[QUOTE="IdesOfMarch01, post: 1612242, member: 39084"]This statement about applying modern-coin-grading standards to ancient coins, while it may seem logical to collectors of modern coins, really doesn't make sense. </p><p><br /></p><p>Think about this analogy: if you were buying an old car -- say, from the 1930s or 1920s -- would you apply modern metrics to evaluate it? Would you test its 0 - 60 MPH acceleration time? Measure its tailpipe emissions? Crash test it to see how well it holds up in a fully frontal crash? Of course not. You'd evaluate the old car in metrics that make sense relative to how old cars are evaluated - rarity, condition, desirability, demand, etc.</p><p><br /></p><p>Ancient coins have been catalogued and evaluated by their own standards for, literally, hundreds of years. The metrics by which modern coins are graded are appropriate for coins stamped by high pressure devices that mass-produce these coins. But they're simply not appropriate to apply to ancients. It's not that there are no similarities; certainly, the quality of a struck coin can be poor for a modern coin as well as an ancient. But while there may be hundreds or thousands of MS 65 1909 S VDB Lincoln cents, there are NO equal-quality Ides of March denarii among the fewer than 200 known. Modern grading standards make no sense for these coins.</p><p><br /></p><p>Also, no serious collector will ever purchase a high-quality ancient coin that has been slabbed, unless he/she is an idiot. Any dealer purchasing for such a collector will insist on removing the coin from the slab and visually inspecting it himself prior to recommending the purchase to the collector. Even for modestly priced ancients, slabbing adds no value except in the rare circumstance where the purchaser may be a relative or complete novice to the hobby, and is not able to have a trusted dealer or friend validate the authenticity of the coin. In this circumstance, it may make some sense to purchase a slabbed ancient coin, but if the novice collector ends up expanding his/her collection, he'll soon find out that he'd much prefer to have the coins out of the slab. </p><p> </p><p>There is simply no way to describe the wonder and tactile sense of holding a 2000-year-old Roman bronze sestertius in your own hand. Try it sometime -- you'll quickly understand why ancients are rarely slabbed.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 1612242, member: 39084"]This statement about applying modern-coin-grading standards to ancient coins, while it may seem logical to collectors of modern coins, really doesn't make sense. Think about this analogy: if you were buying an old car -- say, from the 1930s or 1920s -- would you apply modern metrics to evaluate it? Would you test its 0 - 60 MPH acceleration time? Measure its tailpipe emissions? Crash test it to see how well it holds up in a fully frontal crash? Of course not. You'd evaluate the old car in metrics that make sense relative to how old cars are evaluated - rarity, condition, desirability, demand, etc. Ancient coins have been catalogued and evaluated by their own standards for, literally, hundreds of years. The metrics by which modern coins are graded are appropriate for coins stamped by high pressure devices that mass-produce these coins. But they're simply not appropriate to apply to ancients. It's not that there are no similarities; certainly, the quality of a struck coin can be poor for a modern coin as well as an ancient. But while there may be hundreds or thousands of MS 65 1909 S VDB Lincoln cents, there are NO equal-quality Ides of March denarii among the fewer than 200 known. Modern grading standards make no sense for these coins. Also, no serious collector will ever purchase a high-quality ancient coin that has been slabbed, unless he/she is an idiot. Any dealer purchasing for such a collector will insist on removing the coin from the slab and visually inspecting it himself prior to recommending the purchase to the collector. Even for modestly priced ancients, slabbing adds no value except in the rare circumstance where the purchaser may be a relative or complete novice to the hobby, and is not able to have a trusted dealer or friend validate the authenticity of the coin. In this circumstance, it may make some sense to purchase a slabbed ancient coin, but if the novice collector ends up expanding his/her collection, he'll soon find out that he'd much prefer to have the coins out of the slab. There is simply no way to describe the wonder and tactile sense of holding a 2000-year-old Roman bronze sestertius in your own hand. Try it sometime -- you'll quickly understand why ancients are rarely slabbed.[/QUOTE]
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