It’s been a while since I posted about a submission I dreaded to send but finally mailed to NGC in June. As of August, NGC posted the grades of the last two coins of a nine-coin submission.
This submission may have been the best I have ever sent. I divided the submission into four parts. The first is the WORLD-MODERN tier with three coins, followed by the WORLD-ECONOMY tier with two coins. Next is a single medal under the TOKEN-WORLD-VALUE tier, and finally, a three medal TOKEN-EARLY-BIRD tier to round out the submission.
There was a twist in the WORLD-ECONOMY tier that I had not anticipated. The coin in question is a 1937 Spanish Second Republic peseta that I hoped would grade MS-63. Before NGC finalized the grade, they recommended that NCS should conserve the coin. The invoice they sent me was puzzling because they listed the grade of the coin at MS-64. However, because of my grading credits, I agreed to have this coin conserved that I originally purchased for only $8.00.
Now, I would not have usually sent such an inexpensive coin in for grading, let alone conservation. However, this coin fits nicely into my Spanish peseta custom set. After conservation, the 1937 peseta received a final grade of MS-64+. The top-pop coin in the NGC census is MS-65. Considering the before and after pictures, I’m glad I gave my approval for NGC to conserve it. Now, an otherwise dull coin has come back to me, revealing spectacular luster.
The other coin in my two-coin WORLD-ECONOMY tier is an 1869 Spanish 50-centime coin for my Spanish Provisional Government registry set. This coin is next to impossible to acquire in mint state condition. Good examples of raw circulated coins are also hard to come by on E-Bay. My hope for this coin was to have it graded VF-20. However, I knew this coin could go either way between F-15 and VF-20. I was thrilled when NGC graded the coin VF-20.
I had been eyeing an MS-64 German medal for my seated imagery custom set on E-Bay for several years. However, in all those years, the seller never came down on his high asking price. Later, I bought a raw medal for approximately 40% less than the E-Bay medal in my watch list. After holding this piece for a couple of years, I finally sent it in to have it graded under the TOKEN-WORLD-VALUE tier. This medal came back to me graded at MS-65.
My WORLD-MODERN submission features two coins for my Inspirational Ladies custom set and one for my Spanish peseta custom set. I had hoped for the 2001 Spanish 2000 peseta coin that I purchased to grade MS-65. Instead, I was delighted to get a top-pop grade of MS-68 for this beautifully toned coin.
Late last year, I purchased a 2019 Great Britain “Una and the Lion” silver five-pound coin. Since I purchased this coin, the value of the coin has skyrocketed. Naturally, I had hoped for a PF-70 grade but realistically expected a PF-69. Unfortunately, I ended up with the expected PF-69 grade. Notwithstanding, this coin today is worth at least twice as much as what I paid for it. The last coin in this tier is a 1998 German 10-mark coin that received an expected grade of MS-64. Both these coins are currently residing in my Inspirational Ladies custom set.
Rounding out my total submission is a three medal TOKEN-EARLY-BIRD tier. A while back, I lost an E-Bay auction for an “American Bar Association” medal for my Laura Gardin Fraser custom set. The biding had gone over $500 when I gave up. Shortly after that, I found another medal listed on E-Bay for a Buy-It-Now price of less than $100. The only caveat was that the seller thought the medal was a fake. I thought otherwise and quickly snapped it up. I was hoping for an MS-62 grade but figuratively did cartwheels when I got a fully authentic MS-64 grade.
The other two medals are the silver “Society of Medalists #1” medal by Laura Gardin Fraser and the “Edmond H. Harriman Memorial Medal” by James Earle Fraser. Both of these medals I would have liked graded MS-67, but the “Society of Medalists” medal returned with a grade of MS-66. Incidentally, the “Society of Medalists” medal is a silver restrike of the bronze medal using the original dies, and it has a reported mintage of 125. Both these medals are now part of my Laura Gardin Fraser custom set.
Overall, I couldn’t be happier, especially since there are no “details graded” coins and medals in the entire submission. Gary