>>>I would say Yes it is a Slab, NGC is a Slabing/Gradeing Co. for coins.

The fact that NGC grades coins does not in itself make them slabbed chips.

>>>Buying this set of chips supports a slabing co.

This is a different argument. If you don't wish to buy from a company (for whatever reason) that's cool. However, in this case, the company wasn't the seller in the auction and the chips being sold aren't slabbed.

>>>So for me to buy these chips, it would not be right!

They aren't my cup of tea either.

Have a good one!