grading company NTC

I sent a message to a seller on ebay who was selling a fairly expensive coin in an NTC slab. I told the guy it was too much money to be asking for an NTC slab. I told him nobody trusts the NTC slabs. I told him NTC overgrades. He claims NTC is a great grading company. He says they do as good a job or better than PCGS or NGC, and he said PCGS and NGC product are way overpriced. I say this guy is full of crap. As Bill Oreilly says, What say you?

 

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My young friend, you are talking about buying the slab, not the coin.

IMHO that's not the route to assembling a high quality set.

Less than .01% of my collection is slabbed, and that's because I just haven't gotten around to cracking out a few that I bought because I liked the grade despite the slab.

I'll guarantee that there are properly graded coins in NTC slabs - after all, even a broken clock is right twice a day.

And, there are overgraded and undergraded coins in PCGS, NGC, ANACS and ICG slabs as well.

 

True

True

False

False

True

 

To comment on Ed's comments:
yes!

 

Everyone needs to read this again before buying buying coins in slabs from ANY grading company.

 

Isn't NTC represented by the Law-firm of Haversham, Sham, and Shimsham

Ben

 

NTC is represented by the Boca Raton law firm of Dewey, Cheatham, and Howe.

 

The one and only time I bought something graded by NTC was a 1835 Bust quarter in the upper Au58/MS60 range. I forgot the exact grade, but when I received the coin from a purchase using a bad image on Ebay the coin had corrosion, cleaning and artifical toning without mention on the holder. Needless to say I returned it, but now I am skeptical of NTC. I do buy coins, not holders, but I will need an extremely clear image of NTC graded coins before I ever consider buying one again online.

 

i have a lot of coins in slabs but when i am looking for a coin to purchase that is not what i look for. the first thing i look at are the photos of the coins. the coin must first stand out as the one i want in my collection. EYE APPEAL first! next i look at the date and assigned grade. date to see if i need it for my set, then the assigned grade to see if i can afford it with my budget allotted.. sometimes i will look at the date first, but this is my procedure. if its not attractive when i am looking thru coins, then i don't want it even if its a ms70. holders are irrelevant. the only reason i have so many is because almost every coin i see has already been slabbed. after i decide if its in my budget range then we have to decide on a fair price( i really don't use trends,, ect other than just a glance..i always look thru different auction houses, dealer price lists past and present, last 7-12 years of coins price thru various sources. best way is coin by coin price and photo reference).never pay a premium for a slab.buy the contents and not the container. this is only my own approach and opinion and there are many others here who are happy to educate you. the veteran numismatists know their stuff so soak up the knowledge, then go pounce on your coins! to give an example, i recently purchased an 1888-O morgan in ms63. i literally looked thru 1000+ coins all 1888-O ms63 (as well as 64 and 65 for additional reference) ,their photos and prices over the last 12 years, at least 10 dealer websites, 10 issues of coinworld and numismatist, plus consulting david bowers buyers guide, well, you get the idea. all this to buy a coin which i pd high for ($60) due to the beauty and strike of it (the hairlines above the ear and the feathers are exceptional). i bypassed many others available in retail or auction to buy this coin. it now resides in my collection. hunting and researching was half the fun and now owning it is the other half. this is my average approach to buy a common date morgan. once again, its only my own and there are much greater numismatic minds here than mine....best wishes and great luck with your collecting!...steve

 

Can grading companies like NTC be trusted to authenticate geniune coins? In other words, can I trust a Trade dollar in a NTC slab to be a real Trade dollar, regardless of how they may have graded it?

If so, they may be a good way to get a coin I'm just going to crack out anyway.

 

Yes, they have a genuine guarantee.
Also, when they first started they were very strict, I sent them some at that time and they were very hard on the grading.
Now, who knows.

 

Great because they are cheaper,
Great because they are more accurate
Great because they are more liklly to give him MS69 and 70 and not return coins body bagged and labeled as cleaned

Great why???

 

I might start a museum because I have collected some great coins in slabs from a dozen or more odd, unknown, closed and rejected coin grading companies for $2-5. I do look at the coin, year, condition and such but the unusual slab at 10 cent on the dollar is just what I look for.
If I want/need to I can crack a slab open but I like the unusual.
Every coin magazine states and every serious collect I have met says “buy the coin not the package”. Do you buy your beer because of the can???

 

Why would you insult a seller??? If you don’t like-don’t buy.

 

Do you realize this is a 10 year old thread?

FYI: NTC has been sold to a new person.

I know him well, and he is trying to reestablish the reputation.
He is on Long Island, NY

 

I look at everyone of these I see. Years ago they did not show varieties on the slab. I bought several 1964 Kennedy proof half dollars, "Accented Hair" for almost nothing. I love that many won't even look at coins in off brand holders. It's not easy to find cool stuff anymore but it was fun while it lasted.

 

Can you tell me who? PM if you don't want to say publicly.

 

I'll have to find his card, it is here somewhere.