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Posts posted by Revenant
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What value do you think the dealer would provide in this case? You already identified the seller. You already agreed on a price it sounds like. A broker would normally act to help you and the seller find each other and help with price negotiation. In your case it sounds like they'd just be taking your money.
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Given that melt on those is about $6.22 I'd probably offer $8-9 each and he'd be making out good with cash in hand given the time-cost and fees associated with selling them elsewhere.
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As a funny retrospective on this: when this thread started 5 months ago silver was about $16/oz. About 1.5 months later it spiked to $19.50, seemed poised to maybe make a run on $20 or $22... Instead it crashed and has since held between 17 and 18 mostly. About a 10% rise. Not nothing but... Not all that much either.
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On 12/18/2019 at 8:29 AM, Just Bob said:
Don't take this the wrong way, because I am not trying to be mean or ugly, but if you honestly think that your coin would grade MS64, you need to do a lot more studying and looking at coins before you do any buying. It will save you a lot of heartache and money.
(And, for what it is worth, I think every one of the SBAs on the PCGS page are overgraded.)
When it come to submitting your coin for grading, it would need to grade MS67 or better to make it worth the expense of sending it in, in my opinion.
For most anything modern, unless it's a key coin / variety, anything below 67 won't impress anyone.
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On 12/18/2019 at 2:17 PM, toneddollars said:
Congrats! A set like that must have taken years to build.
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On 12/13/2019 at 12:58 AM, 49er said:
Thank you NGC, a very good decision to again allow PCGS coins in the registry. Great for collectors and NGC itself.
Any thought about NGC, PCGS, etc using the same grading set, mutually agreed upon? This would require competitors NGC and PCGS working together, at least for grading consistency - difficult but not impossible, but great for collectors.
You're not going to ever see that because the last thing PCGS wants anyone to think is that they use the same standards as NGC.
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Unless you mean non-US / World coins. Those are gone, ne'er to return.
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49 minutes ago, hammed said:
there is no video in youtube ?
Well... It's a 10 year old post.
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On 12/15/2019 at 12:48 PM, KoalaTeaa said:
You might be able to convince me that maybe your coin is just dirty and that isn't wear / signs of rubbing all over it, but this photo makes it clear that you have multiple marks / imperfections on the cheek and in the hair which would still make this a lower MS grade, even without the rubbing.
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44 minutes ago, Ali E. said:
We are checking with our programmers. Thanks for the interest.
Thanks. Now that he's mentioned it and I realize that the site is compressing the file I'd be interested to know myself. I've found with Facebook and similar places that if I condition the file to be acceptable to the website with Photoshop it usually get a better result than if the website does it for me.
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I don't know the limit but I've gone up to 4.23 MB recently with no error / pushback.
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Unfortunately, my pet projects these days are all World sets, so this doesn't change much for me.
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3 hours ago, SSB Coins said:
We will have to see how long. It getting to be a hassle to be a member here. I will give it more time. Always rember buy the coin not the holder.
It's really no more work for you / us. You enter it in and then you just have to wait a while.
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8 hours ago, Coinbuf said:
While there are a few that have expressed happiness over being able to renew their old mixed sets many more put NGC in their rearview mirror after the initial suspension. I think it will take a great many years before NGC can hope to see any new positive goodwill. It is what it is and while I understood the original move (tho not in total agreement with it then) it was not a smart move then and I'm not really sure this is the right move now; time will tell I suppose.
And you won't get back those burned people that left for the most part because they're burned - they likely understand that what NGC gives, takes back, and gives back, can be taken again. This is more about trying to get new people / be more attractive to new collectors I suspect.
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28 minutes ago, Coinbuf said:
This seems like a very likely motive to me as well, I really don't see how allowing PCGS coins back into the competitive sets will have any positive affect on the bottom line. It may make the registry here more attractive to more people but it surely wont bring in any more submissions monies, at least not that I can see anyway.
I wouldn't expect it to directly, but it might get more people over here and it can increase the overall positive perception / goodwill towards NGC, and that can influence buying and submission patterns.
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5 hours ago, kbbpll said:
I see it as a counter to that whole CAC registry thing over there.
If you mean "counter," as in "direct response," I'm not so sure. PCGS didn't make that announcement too long ago. If there's one thing NGC is not famous for, it's rolling out registry features and functions quickly / on short notice. My feeling is NGC has been planning this for a while, completely independently, and was just holding off announcing / launching it until after the awards deadline.
Of course, I could be wrong and this was something they could roll out fast because it's easy to implement.
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53 minutes ago, lcs1129 said:
NGC graded coins were more expensive now cheaper pcgc coins rate the same as NGC. What a rip off!
Really? Because almost everyone else seems to think that PCGS coins cost more on average for the same coin and grade.
- Ray, USMC and Crawtomatic
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8 minutes ago, VKurtB said:
Being nicer than PCGS is a little like being taller than a mouse. Not a tough mark to achieve.
Yeah. That may well be true. I've never dealt with them as everything I've heard about them left me little desire to do so.
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26 minutes ago, Legionary1 said:
If profit is the reason why NGC made the change, my respect for them just dropped significantly.
By some theories of human behavior, all of human interaction is basically transactional, whether that's in money or something else, and all of our actions are geared towards maximizing our individual outcome in some way. So that's not really something to hold against them IMO.
You're unhappy and posting about it, but on the thread about the announcement there's a ton of people who are THRILLED at this decision. On balance, it looks like more people like the decision so far than don't like it. When they banned new PCGS additions in 2017 there seemed to be way more people ticked off than happy, and the unhappy parties have continued to voice that unhappiness overtime. This decision is ultimately a response to that.
Personally, while I do think it's, at least on some level, based on enlightened self-interest, I like the decision because it makes NGC look more "collector-friendly" as their announcement puts it and it just makes them seem... nicer? Than PCGS.
Edited to add: It's especially interesting to me to see NGC opening things back up and trying to make things MORE inclusive again as PCGS is rolling out their "CAC Registry" and ratcheting up the competition on the high end and financialization of the hobby more (as others have put it). Allowing PCGS and NGC coins both in the registry and allowing people to even have ungraded / other graded coins in custom sets make this seem like a place where people get to just share what they love and it isn't about the label or the plastic, it's about the coins. What PCGS is doing says, "Hellz yeah! It's all about the plastic and the label and the bragging rights that come with it."
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They changed it back because, based on new information, they now believe they can make more money by allowing them than by not allowing them? In all likelihood, that's the "why."
On the other side of this: the major awards this year (even before they allowed them back in and all the PCGS coins were just "grandfathered") still required that at least 75% of a set had to be NGC-graded in order to compete for a major award. That's pretty significant.
To use my family's 1932 mint set as an example - it has 6 coins in it and 5 of the 6 are NGC graded. That's 83.3% NGC-graded. That 1 coin out of 6 is the only non-NGC coin I'd be allowed to still compete for a major award. If I had just 2 PCGS coins, it would be ineligible. Yeah, that doesn't impact the "Best in Category" awards, but, even there, they've been giving out "Best in Category" AND "NGC Best in Category" awards for (I think) 8 years now.
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8 hours ago, Howard D. Wilson Jr. said:
I agree. I've spent a lot of time piecing my sets together and trying to finish one completely and this would help me and several other people I know tremendously.
7 hours ago, Mk123 said:@Ali E. Ali can you ask if they can allow those that participate in the world registry to allow us to add PCGS coins? I try to buy coins in NGC holders but there are times I couldn't find the coin so I bought a pcgs one, would love to add it to my set!!!
PCGS World coins were removed from the registry with no grandfathering in 2012. I suspect US coins only came back because of the "fairness" complaints regarding the grandfathering. I don't think the World coins are coming back but, based on this, if we raise enough of a stink it could happen.
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4 hours ago, unnut said:
What about world coins? Why is this not available for world coins too?
The reason cited when they were removed in 2012 is that there are differences in how PCGS and NGC label / designate some world coins / series and this made it hard for them to do the.manual checking. It was said that they had to do away with PCGS world coins to allow them to expand the registry to include more countries / world competitive categories - and that part of the registry has grown massively in the last 7 years.
Can a dealer act as a broker?
in US, World, and Ancient Coins
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I take it that you're too remote to handle this transaction face-to-face?
At that point what you suggest might be worth it, but it seems like there should be an easier and cheaper way to solve that problem.