Why are the grade, color, and percent off-center not on this NGC label?

Discussion in 'Error Coins' started by JCro57, Oct 9, 2018.

  1. JCro57

    JCro57 Making Errors Great Again

    Screenshot_2018-10-09-07-40-34~2.png Why send it in if this person didn't get the grade, color, or percent off center?

    Is this what NGC does for bulk submissions at a discounted rate?
     
    Seattlite86 likes this.
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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    You answered your own question.. Yes it was a bulk submission. There are a bunch of these on ebay from the same seller. Not worth it in my opinion. They don't really sell.
     
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  4. Seattlite86

    Seattlite86 Outspoken Member

    Because collectors like you two don't need that info to know if you want that coin? ;)
     
    spirityoda, Insider and paddyman98 like this.
  5. Fred Weinberg

    Fred Weinberg Well-Known Member

    No date, no grade, no percentage:

    ......makes slabbing them in large quantities
    much cheaper than a normal Error submission
    tier price.

    I can see the logic/reason in it, if it's for
    very large quantities, for a marketing company
    that wants an interesting item at a cheap price
    compared to $35 on up for single coins.

    I'd guess the cost for this piece was $8-$10 per
    coin.
     
  6. Michael K

    Michael K Well-Known Member

    It's prob around 30%?
     
  7. Wal888

    Wal888 Well-Known Member

    I'd like to ask you a question about this. I live in Brazil and there is no representative of NGC or PCGS around here. How do I certify them? Do I have to send them for analysis by mail? What is my assurance that they will receive it and return it to me? In fact, I do not even know if this is possible.
     
  8. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Go to their websites -
    https://www.ngccoin.com/about/about-ngc/

    https://www.pcgs.com/about

    You can call them and ask all the questions you may have.
     
    Wal888 likes this.
  9. Wal888

    Wal888 Well-Known Member

    Cool, thank you @Paddy.
     
    paddyman98 likes this.
  10. Conder101

    Conder101 Numismatist

    Yes you do it by mail, which brings you to the question of how well can you trust your local mail service? The mail service while it is in the US is excellent and very safe. Outside the US depends on the local mail service. Some countries are very safe, in others things disappear from the mail on a regular basis.
     
  11. tommyc03

    tommyc03 Senior Member

    And this is why I prefer ANACS for errors/varieties, even for their specials and economy tier. As long as I'm confident about my attribution, whatever I put on my submission form gets put on the label. I'm patient and wait it out at their special prices. In the case above and others like it, the submitter probably did not do this. Of course, I've never did a large bulk submission so I have no way of knowing how it would have worked out either way.
     
  12. Wal888

    Wal888 Well-Known Member

    Exactly my afraid. Not only by the trust in my local mail, but for our customs treatment. I don't know if I will need to pay taxes and fees to my government when PCGS or NGC send back the encapsulated coin.
     
  13. Wal888

    Wal888 Well-Known Member

    WOW, I just discover that here in downtown of Curitiba, there is an enterprise that send packages via DHL, FedEx and UPS. Fantastic. My afraid is over (at least, for mail)
     
    Seattlite86 likes this.
  14. Wal888

    Wal888 Well-Known Member

    @Conder101, do you know how much will cost to send (just to send) a package (0 to 1/2 kg) to USA from here?????????
    Just $100 (HUNDRED DOLLARS) plus taxes and fees when arrive in USA customs treatment. My God.
     
  15. Seattlite86

    Seattlite86 Outspoken Member

    It can be expensive. Most coins don't require being slabbed, though. It's often much cheaper to buy your own slabs and label them.
     
    Wal888 likes this.
  16. Wal888

    Wal888 Well-Known Member

    Slabs as this are you talking about?
    P1012.JPG
     
  17. Michael K

    Michael K Well-Known Member

    No that's a 2x2 coin flip. I believe they mean the actual plastic slabs.
     
    Seattlite86 likes this.
  18. Seattlite86

    Seattlite86 Outspoken Member

    I mean something like an airtite hard plastic case.
     
  19. Wal888

    Wal888 Well-Known Member

    Ahh, Right. I thought the slabs were only used when the coin was certified.
    There are some places where these slabs are sold here, but they are very expensive. Only worth buying for very valuable coins (like this one that is in the flip)
     
  20. SlipperySocks

    SlipperySocks Well-Known Member

    Having a coin slabbed but not graded just sounds ridiculous. I mean the grade can increase the value right? @JCro57 did you buy it and if so are you going to resubmit it?
     
    Last edited: Oct 10, 2018
  21. Fred Weinberg

    Fred Weinberg Well-Known Member

    The term 'slab' or 'slabbed' usually
    means 'slabbed by a 3rd Party Authentication/
    Grading service', not any two pieces of plastic
    that a coin goes into.

    Although any plastic could be called a 'slab',
    the general use of the word is always in
    referral to PCGS, NGC, ANACS, and ICG, for coins.
     
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