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<p>[QUOTE="dougsmit, post: 1612478, member: 19463"]Lets just say that they were to guarantee authenticity and they did get caught in a mistake. How would we determine the amount of compensation owed? Modern coins exist by the thousands in grades and have established prices so you could replace an MS65 with another MS65 or pay the going rate. There is no such catalog of values or expectations of what a certain ancient in a certain grade should bring. There are too many factors. We could never even agree on whether a certain coin is genuine or fake in some cases until the arguments settle down. Research the experts in conflict on the Black Sea Hoard coins. Had 1000 of those been slabbed, all would be now due about $250 unless someone happened to get one of the real ones mixed in with the hoard. The slabbers could afford that. More recently we see fights on big Greek silvers and Roman gold that really could be either way. We do not have a database on the million variations of ancient coins that would allow a slabbing employee training course that was 100% foolproof. I believe they are doing the right thing offering a $40 opinion rather than having to ask $4000 for a policy on some coins.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1612478, member: 19463"]Lets just say that they were to guarantee authenticity and they did get caught in a mistake. How would we determine the amount of compensation owed? Modern coins exist by the thousands in grades and have established prices so you could replace an MS65 with another MS65 or pay the going rate. There is no such catalog of values or expectations of what a certain ancient in a certain grade should bring. There are too many factors. We could never even agree on whether a certain coin is genuine or fake in some cases until the arguments settle down. Research the experts in conflict on the Black Sea Hoard coins. Had 1000 of those been slabbed, all would be now due about $250 unless someone happened to get one of the real ones mixed in with the hoard. The slabbers could afford that. More recently we see fights on big Greek silvers and Roman gold that really could be either way. We do not have a database on the million variations of ancient coins that would allow a slabbing employee training course that was 100% foolproof. I believe they are doing the right thing offering a $40 opinion rather than having to ask $4000 for a policy on some coins.[/QUOTE]
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