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NGC Journals

Compradore's Journal

Regrades downwards and the NGC guarantee, how good is it?

Well they finally removed the 5FS off the no-step Jefferson I last wrote about. It took a call to NGC where I was asked to send it to the attention of Mr. Taylor to get this done. He called me back (when I was out) and left a message saying I'd get some coupon or readjustment for my trouble and their mistake. However, today the coin arrived without anything with it. Not to put NGC down of course but several years ago when PCGS regraded a (one of eight at the time) "finest known" Jefferson's 2
Compradore

Compradore

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marknich-migration's Journal

To tone or not 2 tone?

ok i bought some coins 4 bright flawless to the naked eye, beautiful 1996 ase's. 2 two toned coins. The toned coins so far are two toned (3 if you count the silver). On the obverse a deep sort of steel blue around the circumference of the coins fading to a goldish tone that gets lighter as you move to the center of the coin (so i guess if you want to be technical there are many different tones). The reverse has very little toning although you can see it is starting. Ive never been into tone
marknich-migration

marknich-migration

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silver dollar's Journal

Final Report on submissions---SURPRISE

8 Early Bird...12 World Value...received 7/24 Checked the dealer area first thing this AM...anticipation getting to me don't you know. And SURPRISE SURPRISE...both submissions went to QC on 8/3....AND WERE FINALIZED/SHIPPED ON 8/5...THAT IS SATURDAY !!!!!! That brings the total daze to NINE (9) WORKING DAZE, start to finish...now true...I had 6/8 Early Birds got body bagged...will I ever learn to reconize those improperly cleaned coins?...but 11/12 World went through...all MS's but 1...WELL
silver dollar

silver dollar

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marknich-migration's Journal

Be patient if you are on a budget!

Everyone knows the economy is on a decline in America, but who knew that would spill over to NGC? I have an economy tier submission (some beautiful Morgans). they were recieved over 3 weeks ago and still aren't scheduled for grading! i was under the impression that it was a 21 day turnaround. ooops....current turnaround is 38 days. wow! if my math is right that's an 80% decline in efficency! sure hope the american economy isn't heading in the same direction. I'm not complaining about th
marknich-migration

marknich-migration

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michaeldixon's Journal

Take Responsibility for your Bodybags!

Slam me if you wish, but take responsibility for your coins being bagged! The biggest problem I see with individuals submitting coins is they are not experienced and do not know what to look for. On a weekly basis I have collectors bring me coins to submit that look "good" or "nice" that I will not submit because they have been cleaned. I'd recommed that before you start buying and submitting coins to be certified you spend a year or two going to shows and looking at coins in slabs and thos
michaeldixon

michaeldixon

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desparado59's Journal

gold buffalo proof

I am trying to find out about my gold buffalo's do you know if you just got the proof from the mint and have the labels in your name but you openend the cardboard box will PCGS still grade it as a first strike? I am trying to find out about my gold buffalo's do you know if you just got the proof from the mint ande have the labels in your name but you openend the cardboard box will PCGS still grade it as a first strike?
desparado59

desparado59

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desparado59's Journal

gold buffalo proof

gold buffalo proof I am trying to find out about my gold buffalo's does anyone know if you just got the proof from the mint ande have the labels in your name but you openend the cardboard box will PCGS still grade it as a first strike?
desparado59

desparado59

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jackson64's Journal

My Coin World letter Printed

If you get Coin World/Trends, and read the guest commentary, my rebuttal letter to the editor was printed int he Aug. 7th issue... I haven't written here in my journal for a while and there really is a lot of personal collecting news to tell...too much for one journal entry so I'll break into several this next week.First, I recently was a bit outraged by a guest commentator{a history professor by trade}in the editorials.Often these pages are full of whinings about... the mints ordering system.
jackson64

jackson64

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mark s. hamlet's Journal

ended auction! will hold it a while!

sorry about not posting this sooner. ended the auction on the 2006 buffalo 50.00 gold coin. the coin is in perfect condition. graded pr-70 dcam by ngc. been told by a couple of very nice people that the coin will go up in value over the next year or so. so i ended the auction i had going on e-bay. bought another one and planning to send it in to be graded. hoping for another pr-70? this is going to be a great year for all of the collectors. good luck and sweet dreams. steve
mark s. hamlet

mark s. hamlet

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wigglebutts's Journal

Delusions of grandeur

Are you wearing rose colored glasses Several recent Journal entries have inspired the following thoughts. If you believe there is a definitive grade on any coin submitted to any grading service, then you are wearing rose colored glasses. In reality, numismatics is not a science! Therefore each and every grader will have their own personal bias. Herego, the larger auction houses routinely submit a coin over and over again, to get the grade they want. It has been well documented that many of the
wigglebutts

wigglebutts

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FuzzyChaos's Journal

RE: Re: NGC vs. PCGS

NGC enhances value by its inclusiveness. PCGS has a fanatic following from people who still believe that it applies stricter grading criteria than any other TPG. Population reports suggest that it may be true only of MS70 or PR70 grades in modern coins. Also, there is some speculation that PCGS may be keeping the 70s tight only to serve its dealers' network. Regardless of the reason, the effect is that there is a market premium for PCGS coins, even in lower grades. I do not beleive that th
FuzzyChaos

FuzzyChaos

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silver dollar's Journal

What makes a top set?

Is it pictures and descriptions or is it the grades of the coins in the set? Does my perfect set of Sac proofs..all Pr70UC..deserve to be listed as inferior to other sets containing the same grade coins just because I'm a lousy Photographer...or is the quality of the set to be determined by the editorial skill of the owner? Just a thought.
silver dollar

silver dollar

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MikeKing's Journal

To descriminate between what is good and what is bad

Can you look at a coin, and even if you don't like it, understand it's technical qualities and aesthetic appeal (even though not aesthetically appealing to you)? Can you distinguish a coin like that from true ? It's like Boticelli's painting of the birth of Venus. A gorgeous painting, genius, and tons of believers. Can you dislike that painting and still see its beauty? Can you compare it's beauty to the original Greek statues of Venus? And can you understand why some people might prefe
MikeKing

MikeKing

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Lamar's Journal

NGC and PCGS

Why is it that when looking at someone like Heritage Auctions and comparing the same coin that sold in an NGC holder vs a PCGS holder, the PCGS coin demands more money at sale. I have Studied several modern coins that are listed on the Heritage Auction site and five identical coins with the same identical grade the PCGS coins are getting sold for quite a bit more money. I personally only use NGC and like them very much. An occasional mistake but they are prompt to correct it. I just do not
Lamar

Lamar

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marknich-migration's Journal

10 coins submitted for crossover 3 body bagged

ngc grades tough but isnt that why we use them? when they grade a coin we know it might be better.....but it cant be worse! i recently submitted 10 gallery grading company coins. for those of you who havent bought a ggc coin....good for you. they grade and call it a ms67. i was thrilled they only bagged 3. my experience with ngc is....tough but fair. exactly why i started to use them.
marknich-migration

marknich-migration

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Allan C Ong's Journal

re: turnaround times

PCGS Regular vs NGC Early Bird PCGS Regular is actually more expensive at $150 because there's a 5-coin minimum. NGC Early Bird has no minimum number of coins submitted. After experiencing some difficulties with PCGS, I don't think I'm going to be renewing my account with them. NGC customer service is better anyway...
Allan C Ong

Allan C Ong

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Yarm's Journal

"When you come to a fork in the road ..."

My apologies to Yogi Berra but I came to that fork last Sunday and I took it. Over the last couple of months I had begun to explore what it might take to improve the small group of dollars I had in my registry type set (since dismantled). These were the remnants of a US proof type set I had assembled years ago and then auctioned off during the 90?s. Retired for nearly 9 years, I concede that I?ve lost some of my competitive spirit. Nevertheless, I was intrigued by how much a few carefully chos
Yarm

Yarm

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