What you say is true, except for the "guarantee." Collector's seem to have agreed that they will accept what the slab label says as the gospel. And they are willing to pay for that peace of mind. Thus it really doesn't matter whether the label is accurate or not. The authenticator's have created the accepted "truth."
But if the label is ever proved wrong), it's just too bad for the owner. There is no guarantee, and no making up for the value lost.
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