Fine Line between Services

[Tradedollarnut]

I love the new NCS slabs and already have three of my trade dollar varieties in them, but I just have to ask:

 

Circulated coins from the 19th century are often allowed a bit of a cleaning. The value of a net graded VF in a NGC holder would seem to be higher in the marketplace than an "XF details, cleaned" in an NCS holder. How is it determined whether an older circulated coin has crossed the line from being worthy of NGC to only being eligible for NCS.

 

In this instance, is a collector better off sending the coin to NGC first vs NCS in order to receive the benefit of the doubt? Or are safeguards in place to ensure that no matter where the coin is sent that it ends up in the proper holder?

[NCSSilliman-migration]

Tradedollarnut:

 

We are glad that you like the new NCS holder. We put a lot of time in developing it.

 

Now that we offer the details grading for problem coins, we are able to ensure every genuine raw coin that is submitted to the service is returned in an encapsulation that will protect it and promote its longer-term stability. As a collector, you get authentication, variety attribution and accurate grade as an added benefit.

 

As we have received more and more raw coins, we have found that many display irreversible detrimental surface conditions that prevent them from grading at NGC even after conservation. Often the residues that NCS will address during conservation are the result of a previous improper cleaning or improper storage. In thes cases, NCS will remove the residues and stabilize the coin, but cannot and will not repair, restore or conceal the surface impairment that resulted from the earlier improper cleaning.

 

To ensure that every coins goes into the appropriate holder after conservation, NCS and NGC screen the coins. All of the coins that will grade at NGC as non-problem coins are certified by NGC. Only after this are the non-NGC graded "problem coins" certified by NCS.

 

With all of this in mind, some collector's that want to avoid getting "no-grade" coins from NGC, have begun submitting coins under the NCS Certification service level. In doing so, NCS screens the coins and transfers all of the "non-problem" coins to NGC for grading. NCS charges $3 per coin that is transferred. NGC then charges grading fees for the transferred coins it certified and NCS charges its grading fees for the coin it certified.

 

For more information on NCS Conservation, Details Grade and Authentication Services, visit the NCS website. A great publication for identifying possible no-grade coins is the booklet, Understanding No Grades, which can be viewed on the NGC website.

 

Regards,

Brian Silliman