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<p>[QUOTE="Sallent, post: 2500073, member: 76194"]It was hard to break out of that mindset. If you focus on US only, you are programmed to only trust slabs from PCGS and NGC. However, foreign collectors probably laugh at us for that, and serious ancient collectors definitely do.</p><p><br /></p><p>I have five primary issues with NGC slabbed ancients</p><p><br /></p><p>1. Slabs leave out very important and vital information such as description/translation of coin legends, and basic attribution of the symbols, objects, and deities in the coin, so anyone who is not knowledgeable on those coins will not get the benefit of the vital information needed to properly understand the meaning and historical or cultural context of these coins.</p><p><br /></p><p>2. NGC sometimes misatributes ancients entirely. Nothing more embarrassing than to buy a coin you think belongs to Emperor Philip I only to be told by collectors that you actually bought Philip II and the NGC description is wrong.</p><p><br /></p><p>3. NGC does not add catalog references to the coin labels, so you can't easily reference your coins against catalogs of ancient coins (to check date and ID of the coin is accurate).</p><p><br /></p><p>4. NGC overgrades ancients by a mile. What they call AU may be a VF at best, and sometimes they give out ridiculous strike and surface gradings that are way too generous for the condition, centering, and strike quality of the coin. Meaning you'll probably overpay for a slabbed ancient because the grading is too high for what it is.</p><p><br /></p><p>5. NGC makes up hoard names like "Colosseum hoard" for marketing purposes. None of these "hoard" names are backed by scholarly research and are just cheap marketing ploys to get new collectors to overpay.[/QUOTE]</p><p><br /></p>
[QUOTE="Sallent, post: 2500073, member: 76194"]It was hard to break out of that mindset. If you focus on US only, you are programmed to only trust slabs from PCGS and NGC. However, foreign collectors probably laugh at us for that, and serious ancient collectors definitely do. I have five primary issues with NGC slabbed ancients 1. Slabs leave out very important and vital information such as description/translation of coin legends, and basic attribution of the symbols, objects, and deities in the coin, so anyone who is not knowledgeable on those coins will not get the benefit of the vital information needed to properly understand the meaning and historical or cultural context of these coins. 2. NGC sometimes misatributes ancients entirely. Nothing more embarrassing than to buy a coin you think belongs to Emperor Philip I only to be told by collectors that you actually bought Philip II and the NGC description is wrong. 3. NGC does not add catalog references to the coin labels, so you can't easily reference your coins against catalogs of ancient coins (to check date and ID of the coin is accurate). 4. NGC overgrades ancients by a mile. What they call AU may be a VF at best, and sometimes they give out ridiculous strike and surface gradings that are way too generous for the condition, centering, and strike quality of the coin. Meaning you'll probably overpay for a slabbed ancient because the grading is too high for what it is. 5. NGC makes up hoard names like "Colosseum hoard" for marketing purposes. None of these "hoard" names are backed by scholarly research and are just cheap marketing ploys to get new collectors to overpay.[/QUOTE]
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