Larrylo1234 Posted April 28, 2021 Share Posted April 28, 2021 I attached a picture of a coin that I purchased that does not have a grade. My question is why it’s not graded but still slabbed ? Hoghead515 1 Link to comment Share on other sites More sharing options...
Morpheus1967 Posted April 28, 2021 Share Posted April 28, 2021 Proves it is authentic. Maybe that is all the submitter wanted to do. Prove authenticity. Larrylo1234 1 Link to comment Share on other sites More sharing options...
RWB Posted April 28, 2021 Share Posted April 28, 2021 In the ancient world counterfeit coins were commonplace. Every merchant had balances and weights used to check silver and gold coins, and other means to check metal purity. When the coin collecting bug hit Europe during the Renaissance, some of the demand was met fakes of well-known ancient coins, plus complete fabrications of new designs. There are modern collectors who specialize in various types of adulterated and counterfeited ancient coins, but most of us prefer to have genuine examples. For the OP's coin, authenticity conveys most of its market value. Larrylo1234 1 Link to comment Share on other sites More sharing options...
Hoghead515 Posted April 30, 2021 Share Posted April 30, 2021 I have an old widows mite coin like that. It just tells the chapter in the Bible where the widow gives Jesus all of her money which I think was only 2 mites. It is the very first slabbed coin I ever bought. I wanted one pretty bad because of its history. It doesn't have a grade anywhere. Just shows that it's authentic. Pretty cool to own a 2000 year old coin. Even though it's only worth around $40. Ancients are very cool. Soon I'm gonna slowly venture into that area of the hobby. Larrylo1234 1 Link to comment Share on other sites More sharing options...
Conder101 Posted May 13, 2021 Share Posted May 13, 2021 I don't believe NGC grades Ancients, they just slab them. Link to comment Share on other sites More sharing options...