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Mactanboy

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Posts posted by Mactanboy

  1. Hi Lisa,

    Please check my submission status for  2878191. The package arrived March 2, 2022 and today is 9 weeks or about 45 days for World Coins/Standard or Early Bird service. The same status has been showing grading/encapsulation/imaging for about 4 weeks! Any help in moving them along or explaining their status is much appreciated

     

    Screen Shot 2022-05-04 at 12.40.20 PM.png

  2. Sorry, I may be missing something. I tried to register a Philippines NGC PF 67 S200P coin 3806068-018 for the Philippines S200P coin set Proof. NGC accepted the two other PF UC coins so I am confused why this coin is not being accepted?

    When I look up the registration number the coin shows but after the description is a "CAC" which I believe is an extra certification. My coin does not have a CAC on the holder, nor is there any indication of a CAC sticker.

    If the coin is not eligible, please tell me why?

    Thank you, Earl Honeycutt

  3. NGC shipped two orders on 3/24 and one on 3/25 all UPS 2 Day (Air). I am positive I requested my orders ship standard UPS which, as you know is much cheaper!

    PLEASE make sure my remaining submission 2878191 is shipped UPS ground.

    Thank you

  4. Have received a number of altered surface returned medals! NGC uses my book to identify said medals. Talked with grader and the bottom line is that either someone tried to resurface the coin or the grader judged that the existing surface had been changed in some way. Like others have written, no "definitive" answer to why a specific medal or coin was judged "altered." My default position is to carefully look over the coin/medal with a 10X loop in direct sunlight and if I have any doubt--do not submit! Good luck!

  5. I have had this happen numerous times. Have no idea why, but my submission is scheduled for grading, then in quality control/encapuslation, then back to grading, etc. Once the items go to encapsulation they are nearing the end. Of course with the really long process times now seen, IMO this type of shape-shifting is seen more often than when one could get coins/tokens graded within 3-4 weeks!

  6. On 5/16/2021 at 10:19 PM, Woods020 said:

    Is there any chance of NGC answering this question?

    My experience with NGC medals is that they seldom give a definitive answer to why a medal was not certified. I am the author of.a medal book used to reference medals and they call upon me from time to time to answer a question about a medal's composition or finish, but there is never a two way communication other than "Thanks"!

    I agree with John5123 that the graders are very good and even once found a variation that slipped by me when I submitted the medal. I would be surprised if NGC would not designate a restruck medal. You might send a message to NGC customer service or Lisa B who you see on this chat board--Lisa will likely find the answer if that is possible.

  7. On 2/13/2021 at 2:54 PM, Raymond Cieslewicz said:

    Thank you for your help on this.  You explain a lot more then the web site.  I wanted to get 4 coins graded, wow, didn't know it would cost that much !  But i do like them and would like to know if in fact they are real and what the grade is.  As collectors, we always want a better grade, We can look at that coin for hours and always think it is better as we look at it, just to find out it is not :( I know, i had collector friends look at coins i thought were great, only to point out issues i guess i didn't want to see, after i spent hard earned money buying :(

     

    My first question is why do you want to slab these four coins? Do you plan on selling them or do you think they are worth more graded by NGC? As several responders have noted, it is important to know if your coins are authentic and in good condition unless the coin is very rare and in demand regardless of condition. Second, I concur that submitting coins to any Third Party Grader is complicated to the layman and all TPG are in business to make a profit. This point relates back to my comments about why do you want the coins graded and what do you plan on doing with them? NGC, PCGS, & ANACS all offer complete services (at additional costs) for conserving (a polite word for legal cleaning), confirming a variety, and speed of coin being graded and returned. Having collected for 50 years, I have made many mistakes by first sending in coins that really were not worth grading. After sending in coins that were returned cleaned, scratched, or fake, I learned much more about how to grade and only send in coins I am 99% sure will grade. This means I check the coin closely in bright sunlight with a loop, check for discoloration and scratches, etc. If anything looks amiss, I do not submit the coin (unless it is extremely rare).

    I decided to slab my coins because I got tired of dealers trying to convince me my coins were really lower grades than I believed and their coins were sold as MS 64-65 when in fact they were AU 55-58. TPGers are not perfect but at least they are more impartial.

    Currently I have 11 coins at NGC that arrived November 30th and were entered into the system on December 31st. The coins are now in "grading/quality control" which means they have been initially graded and will be checked by another grader and eventually get to slabbing, another quality check and return to me. My best hope is the process will take about 3 months! I could have paid more for faster service but the modern coins did not require quick turnaround.

    Hopefully understanding the process and what collectors want to accomplish by having their collectibles graded will remove some of the frustration you experienced with NGC. Good luck!

  8. On 2/10/2021 at 12:39 PM, JT2 said:

    Spider Here is what i did.  I got 2 GunVault safes and removed the rife rak parts.  and since the sides had the shelving strips to hang shelves i cut some 3/4 playwood and made like 6 shelves in each one they are adjustable and can hold slab boxes, notebooks,  boxes and danscos.   Just a thought. 

    Like JT2, I bought a large gun safe and removed rack parts and added plywood shelves covered with nice felt that matched the shelves that came with the safe. My desire is to protect the items from theft, so it is bolted down. We have a fire station less than 1/4 mile from our house. That said, if a thief or fire has unlimited time to do their business, few "safes" will be safe! You might also consider a home alarm, coin insurance, and keep a detailed list of coins on the iCloud. Good luck!

  9. Agree with l.cutler. I consulted en.numista.com and the weight is 2.5 g which is within tolerance. Don't know if original email is posted by someone in Philippines, but it is fairly common for newer collectors or sellers to look for coins that might vary slightly and then try to sell on Ebay for hundreds or thousands of dollars. As a long time collector of Philippine coins, primarily US PI coins but also newer Republic coins, this 5 Sentimos coin would be worth very little to serious, experienced collectors.

    Screen Shot 2021-02-12 at 1.04.44 PM.png

  10. LTMcCord, this happens to my submissions quite frequently. Before the present backlog SNAFU, it was common to have my submission logged in and then about a week later the date would be moved forward by 5-7 days. One reason is coins needing conservation. Like you, I sent in modern foreign coins that arrived NGC 11/30 and these were logged in 12/31. I requested the coins be conserved before grading since they were encapsulated in non-NGC holders, which can also move the log-in date, so I don't expect graded coins for at least another 2-3 weeks. NGC process is now extremely slow and after much angst on my part, submitters can either go with the flow or just not send in coins at this time. Getting frustrated will not help move the coins through the grading and return process as I sent multiple messages during the month of December. Good luck and stay safe!

  11. I guess I would like them to give me some idea when my coins will be logged in. Not sure what getting a reply ATS (?) has to do with my comment. It appears you and I have very different perceptions of what customer service means.

  12. Hi Lisa/NGC,

    I am in the same boat as Peter Gordon with 11 Modern coins "delivered" according to USPS tracking on 11/30/2020. While I appreciate NGC's admission that they are behind, as a marketing person I am a bit mystified there is no transparency regarding why this backlog developed and more importantly what the plan is to catch up. NGC continues to advertise a 12 day turnaround for modern coins and as of today, NGC has had my coins for 10 workdays and it appears my coins will not be logged in for another 4-5 days. After talking with NGC customer service, who in my opinion simply spouted the party line that everything was fine and they were working through the backlog, there is more here than we are being told.

  13. Pete,

    Some basic coin collecting facts: value of a coin/medal is based upon condition, scarcity, and demand by collectors. Your friend has sent you information on a US Phil peso in MS 67 condition, likely the top grade for that year and honestly one of the top grades of all the peso years of 1903-12. I may be wrong but your chance of having a peso anywhere near that condition is pretty small. For anyone to judge what you have set aside, one would have to see the coins and assign a grade which most of us do not have the expertise to accurately grade a coin much beyond broad XF/AU/UNC categories. That said, you may believe your coin is UNC when in fact the coin would be graded AU minus by a grading company. Again, I cannot tell you what your listed coins are worth, but you can search on google for example: "value 1903 Philippines 5 Centavo" This will take you to the following link and based on your grading decision you can see number minted (scarcity) and approximate value:

    https://www.ngccoin.com/price-guide/world/philippines-5-centavos-km-164-1903-1928-cuid-1084662-duid-1567685

    Going through a pile of coins, sorting into approximate grades, and determining approximate value is tedious and time consuming. Going back to the 1903-28 5 centavos linked above you should see that the 1916-S 5C is the most valuable, especially at higher grades. Most 5C pieces are not valuable, except the 1916-S, in lower grades. Serious collectors want higher grade, better conditioned coins as these will appreciate more than lower grade coins found in circulation. Coins of all denominations minted in 1944-45 are seldom valuable since their mint numbers were extremely large.

    Some general info on most of your coins: US PI rare dates are 1903-S, 1904 (no S), 1905, 1907-09 (especially 50C), 1911-15 10,20C. You appear to have few of these years. Your 1909-S peso is not rare with 8.5 million minted. If it is in AU condition, NGC values the peso at $35. You can get it certified, which would cost you in the Philippines to send to NGC Hong Kong about $75-100 for shipping both ways, grading and submission fee. Then you would need to advertise on Ebay or sell to someone in the Philippines for $100 or more to cover your costs and time invested. Your chances of being able to do this are small. Sorry, but this is the situation faced by all collectors/sellers, me included!

    In closing, let me say I spent a number of years in the Philippines with the Air Force and found many older US and Phil coins in my adventures on and off base. For example, it was common to get WW II US dimes when playing the slot machines at the NCO Club in the late 1960s. Few were valuable and I ended up selling most for the silver value or to beginner collectors who wanted lower grade coins. Again, I hope that my response provides you with an avenue to better understand the coins you have accumulated. Good luck!

     

     

  14. Pete,

    You have received excellent advice and cautions from JKK. Let me follow up as a Philippine collector for 50 years and the author of Philippine Medals and Tokens 1780-2020. My friend bought 10,000 US Phil pesos (1903-12) in the late 60s and shipped them to the US. Most were junk and came from those dropped in Manila Bay when Japan invaded in 1941, but he bought them for the silver. 50 years later he is selling a large number to a smelter for the silver content (currently $13 per peso). Many (most?) Spanish (<1897) and US Phil coins (1903-45) have been cleaned and are not highly sought after except for those with extremely rare dates and in XF+/UNC condition.  It seems you also have US and foreign coins so this complicates things even for an expert. Few experts, IMHO, have a level of knowledge about all world coins and this would take an inordinate amount of time to research and as JKK explained may cost you more than the coins are worth.

    Again, just my opinion, but generally silver coins are worth at least their silver content. You can check this, as you most likely know, by passing a magnet over the coin and if it is not attracted by the magnet, it is likely silver. Coins that are UNC and do not have stains/scratches will bring higher prices IF again there is a collector base who buys these types of coins. You can also google "Value of 1921 Philippines 50 Centavos" and NGC offers prices for many coins.  Nearly all my coins are certified by NGC/PCGS so that when the time comes for me or my heirs to sell, there will not be a buyer trying to lowball me by claiming the coin/medal is of low quality.

    Good luck as you try to bring order to your collection. When helping friends I will look up the coin by date, country, and denomination on Ebay and see what they sell for. Here in the US many regular people have accumulated several hundred dollars face value of old US coins. As JKK states, most are not valuable in and of themselves, but they may hold intrinsic value because they belonged to a relative or it was a childhood collection.

  15. Hi Aaron,

    This was a pleasant surprise to find a Philippine medal listed in my book on NGC. Philippine medals and tokens have become more well known and popular for collectors since I published my first book in 2014. Having studied Philippine medals for the last 20 years I can tell you pricing is not an exact science. I have seen nice Philippine medals sell for $500 on Ebay and then a month later I find the same one that sold for $175. In my book I try to list the most current sales price BUT too few of the medals sell in a forum that can be tracked or no examples have recently come to market. My point, and I apologize because most of us know this, is that what an item sold for in the past does not always set a firm floor under the price.

    In my personal collection I own the silvered version in NGC MS 66 and the bronze in NGC MS 64. Given the medals are graded by NGC I believe they would sell for significantly higher prices than a raw medal. I believe I paid $165 for the silvered and about $300 for the bronze about 3-4 years ago. That said, the demand for and prices realized have grown significantly in the past several years.

    My best guess for value is $400-450 for the bronze and $550 for the silvered in raw medals. Sorry I cannot be more precise but this will depend upon where you sell and who is in the market when your medal(s) come to market.

    Feel free to ask questions. Thank you for your interest in Philippine medals.

    Earl Honeycutt ehoneycutt@elon.edu459871232_H-78SilverandBronze.thumb.jpeg.c6ae63866d9e0cbfe19bebad630b80e8.jpeg

  16. A few years back I submitted over 100 US Philippine coins that had been graded by PCGS and ANACS to NGC in their original holders with permission to remove. I was curious how closely PCGS and ANACS would track with NGC grading. The statistical result was they crossed at virtually the same grades! NGC downgraded a couple of coins, raised a couple of coin grades, and graded two ANACS MS coins to details. All PCGS coins crossed at the same grade, but one was designated RB rather than Red.

    IMHO NGC charges a $10 fee per submission sheet/number to pay for the check-in, payment etc. If a submitter submits a gold sheet, high value sheet, modern lot, and an economy submission, this takes more time to process and NGC has decided to charge us for their efforts. Whether this is fair or not, only the submitter can make that decision.

  17. IMHO most sellers believe the coin they are selling is higher than it actually is! A seller may "truly believe" the coin is MS but that does not make it so. I became frustrated with dealers who advertised their coins as MS 63 (not Third Party Graded) and asked MS 63 retail prices.  I bought a number, then sent them to NGC and they came back AU 55-58. When I spoke with the dealer he would always say--I gave my best guess at the grade and I am not a professional grader.  To which I responded: Why is it that the coins never come back at a higher grade! At this stage in my collecting life, I only purchase NGC or PCGS graded coins and turn a deaf ear when a seller claims the third party graders are wrong because they want to inflate the grade and price!