Revenant

Does anyone have suggestions on easels / stands that they use to display their graded coins?

I have a few odd balls but my bigger issue is just a bunch of now mostly abandoned projects that I started ealry on but just couldn't or wouldn't keep up with.

On 7/29/2019 at 8:25 PM, Bright Future said:

Hello,
Relatively new to much of this, but perhaps NGC will consider a category in which only NGC coins are considered, including old sets but without PCGS examples calculated in score. 
A balance could be restored. Maybe sets with PCGS coins can migrate to the 'Custom Set" category or be retired, with NGC coins allowed into competitive NGC only category.
It is truly unfair to compete under separate rules. I am considering reholdering all coins with either NGC or PCGS and upgrading for variety and photo. I prefer fair play as a principle. I am holding judgement since I am certain fair compromise will manifest.

Something to consider:

When PCGS coins were removed from World Sets they were removed - no grandfathering occured. So all World category sets are already NGC only.

The US sets have a "Best in Category" award and an "NGC Best in Category" that excludes PCGS coins from the scoring. If the same set wins with and without PCGS coins, it wins both awards that year in that category.

On 7/30/2019 at 9:26 PM, mrscott304 said:

Hello and welcome to the club. I had this happen to me once where 5 coins were registered to someone else. For me it was corrected in about two days but while I waited I also prepared for the worst "stolen Coins". So I prepared myself by finding all the documents on my purchases for each coin. Fortunately all my coins went through okay in a couple of days with no issue. You are probably going to hear from NGC soon but it really depends on the response time from the previous owner. In the meantime just enjoy your collection and the competitive spirit that comes with collecting.

I've never had the "stolen coins" issue. More often it's a case of the seller is a registry user or someone that was sold it or their inheritors sold it - maybe even years ago - and never unregistered it. Part of this is you can remove a coin from a set without unregistering it. You can have coins registered to you that aren't in any set.

If you're worried about stolen goods, use the cert look-up tool before you buy. I think NGC flags it if it's reported to them as having been stolen. Maybe someone that works there can confirm?

On 9/6/2019 at 7:16 PM, physics-fan3.14 said:

When I'm adding a coin to a custom set, sometimes I need to add it into the middle of the set. Is there any way to quickly and conveniently just insert it into the middle of the set and push everything else down? 

To illustrate: I need to put the coin at slot 35. If I do that, now I have 2 35's, and they aren't necessarily in the order I want. I could update the number of every single coin after that in my set.... but when that's 40 coins or 60 coins, I really don't want to do that every time.

Is there an easy way to do this that I'm just missing? Will this be a feature in the new custom sets? Are the new custom sets ever going to appear? 

I haven't done this much on the coin side, but when I do this with my notes signature set, when I put a new number (like 35) in for the slot number of the new slot, it auto-updates the slot numbers for all the slots labeled 35 and later to be 36 and later, adding 1 to each. When I save the set the new slot is in the right place. Does that not work on the coin side?

4 hours ago, LINCOLNMAN said:

These coins are awfully small and must have been frequently lost. $1.00 was a lot of money back then. Was that a factor?  

That's one of the reasons I used to hear years ago.

Of course:

They try to fix it with silver dollars and people reject it for being too heavy.

They tried to fix that with the SBA dollar and people rejected them because they were confusing them with quarters.

They tried fixing it by making the SACs and the presidential dollars, and people just still wouldn't use 'em.

They worked in Europe and the UK because the small notes went away.

The $1 bill, the mortal enemy of $1 coins since the 1850s.

On 9/1/2019 at 7:33 AM, World Colonial said:

For many years, I have assumed that NCLT represents an increasing share of submissions with much of it at bulk discounts.

On this note, did you see the new press release about them grading their 10,000,000th silver eagle?

https://www.ngccoin.com/news/article/7657/10-million-silver-eagles-graded/

I think the last time I checked NGC claimed to have graded 40,000,000+ coins. So let's say that they've graded 40-50 Million coins in their roughly 30-35 year history. That would make silver eagles, just silver eagles, 20-25% of everything they've graded. We know that 30 years ago when this all started hardly anyone was grading, much less bulk-submitting silver eagles. So I would not be surprised if SAEs make up 30-40% of current submissions and NCLT in general makes up 50-90%.

16 hours ago, World Colonial said:

Agree but an inference from my prior post is that most of these coins will never be submitted because there is no point to it.  If by 10G you mean classic eagles, I could see a lot more being prior to sale (especially with higher gold prices) for authentication. … In Europe outside of the highest TPG grade eligible coins, there is also the likely reality that the supply is far too large to be absorbed by any forseeable increase in the collector base.  The coins are "cheap" because most are too common or are lost in a sea of obscurity

Nope. Netherlands gold 10 Guilders, but I get that a lot because I'm one of the few that collects them graded as Gem BU and doesn't trade them at near melt. So I see where you're coming from and agree in general.

I've never received one. Years ago when I became a paid member I got a pin but not a card / ID card. You have a member number that you use to submit if you're a paid member with submission privledges.

A member card wouldn't serve much use since it's not like there's a place we go to where we get "carded" at the door like a Sam's club. We're mostly just a bunch of keyboard warriors.

I think it'd be cool if one of these days we could get challenge coins made. 😎

5 hours ago, World Colonial said:

.

I keep on wondering how long it will be before submissions and then revenues don't start declining noticeably.  There is a finite population of coins where it makes sense to have it graded.  For many years, I have assumed that NCLT represents an increasing share of submissions with much of it at bulk discounts.

I'm sure at this point the vast majority of submissions are NCLT or moderns that someone is hoping to nail a high grade condition rarity on, either for a registry set or to sell / flip to someone with a high grade collection that calls for that coin who may or may not be a registry user.

I'm sure a significant fraction of the older coins coming in are crack-outs hoping for an upgrade.

One of the things I'm struck by with the 10G series I collect is, based on the slab designs, many of the coins on the market were slabbed 15-25 years ago. I monitor the pop reports and they're going up slowly, but it's slow and seems to be getting slower.

I think there are still plenty of raw older coins out there that could be graded though because there's many out there that don't want slabbed coins. But, because of that, I doubt many of those raw coins are streaming into NGC or PCGS.

1 hour ago, LINCOLNMAN said:

Hard for me to conceive of a 64 or 66 coin as a hole filler. Your first paragraph is what I had in mind. 

Yeah... It might be more fair and accurate to call that MS66 a "registry-driven purchase."

 if a great, higher grade 1887 popped up I could see replacing that coin just tho have the entire set be technically "gem BU," but I think I'll still be quite happy with the set of that coin is never replaced.

On 8/24/2019 at 3:05 PM, Davids5104 said:

I decided to utilize a credit I had accumulated from NGC on the regrade service.  I have zero experience with it, but I submitted 10 coins as regrades.  I will let you know how my results go in a few weeks.  

I'm wondering why / why these 10 coins? Were they older slabs like old fatty's and you're making a gradeflation play? Were they graded before they started doing the "+" grading and you think they might be able to get a "+" in their current grade?

I just know, at some point, they'll have something with a "finest known" label out there and another coin will come in and either they won't give it the grade it deserves or they're going to have some 'splainin to do to the person with the no-longer-finest-known with the finest known label.

On 8/21/2019 at 2:33 PM, Zebo said:

I like NGC slabs much better and stay away from such promotions.

I love NGC and much prefer their holders to typical PCGS holders or that ugly thing, don't get me wrong here, but NGC does their own gimmicks. There is absolutely no shortage of specialty labels, and signed labels and all that other stuff with NGC. It does frustrate me sometimes because, even with moderns that are recently graded, it can be a royal pain to get a set that has matching labels and if all the labels / slabs look different the set doesn't look as nice as a set and... my mild inner-OCD person goes slightly insane... I swear, one day I will have to reholder my whole 10G set just to make them all match. But at least for now I can hold back knowing the set isn't complete.

Overall, that's pretty small potatoes compared to this, but it is a thing that they do.

I guess it depends on your definition of "hole-filler." If you mean a coin that is of lower grade or not visually appealing to me just to have something in the slot? No Generally I won't do that. I generally will not buy any coin if I'm already thinking about upgrading to another one or replacing it down the line before I even buy it. That means I'll never truly be satisfied with the coin or enjoy it. There are a couple of exceptions to this though and they both relate to my 10G set.

The 1887 in that set is an MS64 when I always told myself I wanted that set to be MS65 or higher. Why did I get it? It is literally the only one I've ever seen up for sale that was for sale when I saw it, and, at MS64, it's only one point off from my goal grade for the set. So it wasn't like I settled all that hard.

The other example is the 1875 I just ordered yesterday and should get in the mail next week. It's an MS66. A damn fine coin. The thing that makes it a "hole-filler?" I already have an MS67 - but it's graded by PCGS, so it can't be part of my NGC registry set. This new NGC graded MS66 was bought 100% to have a coin to put in a slot / hole. By definition it is a "hole-filler." I'm not getting rid of the PCGS coin though. Nuts to that. It's the first coin I ever bought for the set and I like it too much to ditch it over the company on the label.

Every year there's a moratorium period where-in NGC won't change any slot scores leading up to the cut-off. I think it's a month but can't remember for sure and I was wondering when that kicks in and if that applies to new category / set requests as well.

This kind pf nonsense (this set) is a big part of why I've tabled my Silver Eagle set and a lot of my NCLT collecting for now and have little interest in getting back into it.

If I had the budget I'd probably try to fill out my Pandas, Koalas, Kooks and Lunar sets, but even then I thinj I'd have trouble getting excited for the SAEs again.

On 7/10/2019 at 8:11 PM, Mohawk said:

The things we do for family, man......I'm so sorry to hear that Travis.  Well, we'll keep helping you as much as we can.  I'm sorry you got this dropped on you though. 

After his father died my boss said he wanted to show me some old silver coins his dad had since he knew I was into coins. I told him they probably weren't worth much more than melt but I'd look for keydates just for fun if he wanted. He's never followed through more than a year later. In some ways I was just as happy to not deal with it but part of me was also curious to see the coins.

Based on the US coins, I'd guess that the foriegn ones aren't worth grading either - unless you have money to burn or some personal reason / motivation to do it.

I agree with Mark's comments. Try to do some research yourself - even if it's just on eBay - before you ask others for opinions. Don't post your whole collection at once. Consider posting the odd-balls one at a time in threads with titles that will help attract people knowledgable in that series - I know a fair bit about Wilhelm III 10G coins and Zimbabwean banknotes, but next to nothing about British or Ottoman coins.

2 hours ago, Star City Homer said:

Nothing wrong with a nice toaster   Nice Toaster

Wow. My son would probably love that.

23 hours ago, Just Bob said:

If you save enough of them, you can get a toaster.

 

j/k

Hey, win one of the major awards and get a $500 certificate, sell it for $0.25 on the dollar and get $125. That'll get a really nice toaster, right?

J/k as well. I don't even know if those certs are in any way transferable, though I suppose you could always use the cert to grade things that will realize a price increase as a result of the grading, sell those for a profit and realize much the same result, if you really wanted that toaster.

6 hours ago, Coinbuf said:

Well when you start seeing a lot more MS68 and MS69s for the older classic coins then you'll know that we're approaching the end of gradeflation.  I say this tongue in cheek, but as the grades in the MS67 range keep rising the big registry whales will keep putting pressure to upgrade their 67+'s in order to maintain a number one set so I think a rash of MS68's is just a matter of time.  As I look at the Lincoln series (my primary series) the prices for MS65 and MS66 coins have dropped like rocks as more and more 67, and 67+ grades keep getting pumped out.

I think I'm always going tp be one of those people that goes for making a set that makes me happy and competing for "best presented" awards instead of best US or best World. The sets that I love I love and I enjoy working on their presentation. Sometimes I win a category here or there. I'll spend some money to try to chase rankings in some cases but I just don't see myself having the kind of cash it takes to get into tank fights with grades. I think the set of Texas Commems I built with my step father is a good example - it's a great set with a lot of gem grade coins - but I don't see myself ever spending money to go for 67s and 68s just to be able to say I have the best set.

The idea of spending hundreds of thousands of dollars to regrade already graded coins to (maybe) get a slightly higher grade and win in the registry is and (I hope) may always be baffling to me. I haven't even managed to convince myself to cross my 1875 10G from PCGS to NGC yet.

1 minute ago, Just Bob said:

I was under the impression that the grading companies had reference sets in different grades,which they use to maintain consistency. Do they replace the coins in their sets, or do they change the way they interpret the marks and flaws on the coins? Or, maybe the individual graders don't even use these reference sets, once they get some experience under their belt.

Even with reference pictures, no 2 coins are ever going to be completely identical in terms of bagmarks, etc and there's always going to be some degree of subjectivity. With most such things, you're going to see a cycle where-in people tend to get gradually more lax. At a certain critical point, the laxness will become unacceptable, and you'll get a push-back / drive to return to higher / stricter standards. Sometimes with this you also tend to see an over-correction to being too strict for a while. Then people will start to gradually relax again. It's pretty much just human nature. I don't know how you'd avoid it.

1 minute ago, Just Bob said:

And what is that machine that is your avatar picture?

I play games - tabletop and PC - in a fictional universe that's been around for 35 years now that goes under the label "BattleTech" / "MechWarrior." The machine in the avatar is a Drone in that setting that is called a Revenant.

1 hour ago, physics-fan3.14 said:

It's more like a grade-accordion. It expands and contracts. 

Which is kind of what you'd expect really.

Fees: https://www.ngccoin.com/submit/services-fees/ngc/

I think that would fit in the modern tier for $17 but others may know better. You'll also have to pay for special labels if you want one and shipping both ways.