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<p>[QUOTE="cwtokenman, post: 144258, member: 2100"]I like and agree with Old Dan's answer. </p><p><br /></p><p>IMO most slabs are used as a selling tool as a means to achieve higher selling prices. Since I don't sell, that feature is worthless to me. As a buyer, I feel slabs are detrimental to my wallet, especially since my prime collecting interest is afflicted by very few fakes, and prices change little over grade variations, I just fail to see any personal "need" for them. </p><p><br /></p><p>In general, I am rather disgusted by some of the behavior/appearances of favoritism/lack of grading consistency/related episodes of bad ethics/obvious breaking of their own policies, and so on, even by the "top" services. When they first hit the scene, I had very high hopes for what they supposedly were trying to accomplish, but those hopes were changed by a good dose of reality. </p><p><br /></p><p>Their venturing into slabbing of Civil War tokens was certainly unimpressive IMO. They should have at least bought a good book to properly id them first, or at least figured out how to use it properly. After several years, NGC still has not figured out how to properly use the Fuld id numbering system, which is pretty much the hobby standard. At least that is the system I think they are trying to use. Maybe I'm wrong though, and perhaps they simply decided to just start their own id system. They often seemed to have trouble copying the merchants name from the token to the slab label. I've seen store cards slabbed as patriotics, and patriotics slabbed as store cards. I don't see how I am supposed to have any confidence in their services when they do a rather poor job IMO of dealing with simple concrete basic facts. Trust their grading? roflmao, I don't think so.</p><p><br /></p><p>Every slab I have ever acquired has had the token broken out. I'm not sure why, but I still hold some value for their opinion of authentication, although I am not at all sure how well they could authenticate tokens. I imagine that would be a considerably tougher task than for regular coinage. If I were seeking to purchase a highly counterfeited piece, I would probably look for a slabbed one, and it would probably remain in the slab. Maybe because it would provide some peace of mind for a prospective buyer at some point down the road.[/QUOTE]</p><p><br /></p>
[QUOTE="cwtokenman, post: 144258, member: 2100"]I like and agree with Old Dan's answer. IMO most slabs are used as a selling tool as a means to achieve higher selling prices. Since I don't sell, that feature is worthless to me. As a buyer, I feel slabs are detrimental to my wallet, especially since my prime collecting interest is afflicted by very few fakes, and prices change little over grade variations, I just fail to see any personal "need" for them. In general, I am rather disgusted by some of the behavior/appearances of favoritism/lack of grading consistency/related episodes of bad ethics/obvious breaking of their own policies, and so on, even by the "top" services. When they first hit the scene, I had very high hopes for what they supposedly were trying to accomplish, but those hopes were changed by a good dose of reality. Their venturing into slabbing of Civil War tokens was certainly unimpressive IMO. They should have at least bought a good book to properly id them first, or at least figured out how to use it properly. After several years, NGC still has not figured out how to properly use the Fuld id numbering system, which is pretty much the hobby standard. At least that is the system I think they are trying to use. Maybe I'm wrong though, and perhaps they simply decided to just start their own id system. They often seemed to have trouble copying the merchants name from the token to the slab label. I've seen store cards slabbed as patriotics, and patriotics slabbed as store cards. I don't see how I am supposed to have any confidence in their services when they do a rather poor job IMO of dealing with simple concrete basic facts. Trust their grading? roflmao, I don't think so. Every slab I have ever acquired has had the token broken out. I'm not sure why, but I still hold some value for their opinion of authentication, although I am not at all sure how well they could authenticate tokens. I imagine that would be a considerably tougher task than for regular coinage. If I were seeking to purchase a highly counterfeited piece, I would probably look for a slabbed one, and it would probably remain in the slab. Maybe because it would provide some peace of mind for a prospective buyer at some point down the road.[/QUOTE]
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