My first BodyBag

Well guys!
Today I got my first "bad" lot back from NGC.
I sent in 5 coins---2 were mine and the others were from a friend...only 2 can back slabbed.
I sent in a:
1942/1 Dime
1926-S Nickel
3 2 cent pieces.

Now I knew that the 42/1 dime had been cleaned but me and some others thought that it was "market acceptable" and so I sent it in...thinking that it would grade F/VF....Bodybagged...now that didn't make me mad....but when I pulled out the 26-S nickel that is when I got mad...
See the photos below--the coin is plainly a VF20+....they sent it back as VG10! In other words....they didn't take into thinking that this coin has a weak strike....so I called them and they said to send it back along with $30 and they would take a looksee :desk: :headbang:

My buddy had 2 coins BB'ed for cleaning also---his other one came back MS62....I sure didn't think that his would comeback cleaned....he thought one of them might though....

Maybe NGC is getting tighter....I'm pretty sure that "good ol" PCGS would have slabbed all of these in a heat beat.

I've been meaning to join the NGC collectors club and if I do I'm thinking I'll send back in the Nickel.....in VF the coin is worth around $250-$300 and I don't have anywhere near that in it so I think it would be worth it to send it in again.

On the other hand---I understand that some people collect Bodybags.....seems nuts to me but maybe I have something really nice here!!!

Have a great day!

Speedy

 

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ANA members get submission privileges. Is there an advantage to joining the NGC collector's club beyond that ?

 

I think there are 2 advantages to the club---one is that you get to track the stats of your coins online and check the grades before they get to you. And they also give you 5 free coin gradings. (that would cost you$150)

Speedy

 

dang a vg-10, they pegged that one wrong, I'd go at LEAST f-15

 

I think the buffalo shows one half of the horn which is F-12 to VG-10. VF-20 would show nearly all of the horn according to my grading book. VF-25 should show all of the horn and this isn't close to that so I think F-12 or lower would be my grade.

Sorry to hear about the bodybags, those always suck and you can always crack out the buffalo and submit again if you think they were wrong. I don't see that buffalo ever getting lower than a VG-10.

 

What do they put the bodybags in?

 

Plastic flips.

Oh well Speedy, you were bound to get a BB sometime. I have read on both the CU and NGC forums that grading has become stricter lately.

 

Well---that is partly true---but you see what the grading guide doesn't tell is that you don't grade ever date and mintmark the same way---in some cases one date is graded alot looser than others...and this is the case with this coin.
In 1926 at the S mint they minted the nickels really weak....in fact even most Mint State nickels don't have a FULL HORN, so you see that now you can't go by the horn. Normaly what I do when looking at this date is grade it like any other nickel and then add 1-2 grades onto it and that is about right.
Off the top of my head there are only a few Buff nickel that has a weak strike---this is one and the other one is in the 30's I think but I'm not sure.
It's kindof like Morgan Dollars---you don't grade an 1881-S morgan the same way you do an 1880-O....the O mint is known for a weak strike and the S mint is know for a really great strike.
I hope this info helps----if it was any other date or mintmark Buff. nickel I would totally agree with you on your grade---but with this one...sorry but I disagree

09S
Yep---that is true!....I just hope I don't get alot more
If NGC gets much stricter on some coins it's going to be something!....they are already pretty tight on FBL's, FH, FSB, FB, etc...

Speedy

 

Ouch! I can't believe that Buffalo came back VG-10. I thought you would get much more out of it than that. I would send it back in.

 

Welcome to the stricter grading standards of a slowing market...

Both PCGS and NGC has seriously tightened up the way they are grading those borderline coins and your buff is a great example. The crackout game is a little more challenging today than it was 6 months ago.

Actually, now that I think about it your dime may have seen the same fate, it was viewed more strictly too.

 

In a slowing market, the TPGs might start slabbing body bags if there is a market for it.

 

Well TCT! In one way it is good news to hear that they are tighting grading standers, as that has been needed for sometime! I guess what it looks like they did on the Buff is that they graded it with the Tech. grade and left out Market grading totally. Or I guess I should say that maybe the market is trying to get tighter and in turn are going back to Tech. grading.

This little coin is going to be cracked I think and taken to the next coin show I'm setting up at.

Speedy

 

hamman88:
I'm not sure if you are kidding, but: the coins are put into zip bags and sent back as unslabbable. (if that is a word). With a note about the problem.

 

lol, thx treashunt - i was hoping someone would answer... i always imagined they 'body bags' were little brown paper bags - akin to a pile-o-dog-poo like the TPG was sending a message about the coin

I have never sent a coin in to be graded, so i have never gotten a coin BB'd, and have never seen one or eve asked about one - so when i saw this question poised... i stayed tuned

Again, thx

 

Later on I'll take the BB and open it all up and show ya'll a photo so ya'll can see how NGC does it.

There is a big flip---smaller flip---and small bag that the coin is in.

Untill then---here is what I got back from NGC.

Speedy

 

Daggarjon:
I am glad that I could help.
If you (or nayone) want to aviod the BB problem, send your coins to ANACS.
I sent them 3 1858/7 Flying eagles last year.
I knew that two had problems, but wanted them certified for possible future selling (I cherry picked all three).
They came back:
1) as XF-45, cleaned, VF value is $400, so I did okay, even tho I paid $135. (overpaid).
2) VF-20, corroded, but I can't see the corrosion, perhaps old & removed, Fine value= $200, paid $15
3) F-15 (no problems) value = $200; cost = $20.
So, I just wanted the varieties listed.
The funny part was that I had been looking for the variety for years, and found two the same day and the third two months later, and none since (Feb & April 2005).

 

I love the flying Eagle cent, a very elegant design IMHO!!!!

 

Please tell me how you took the pictures of the nickel. I have tried two differnt cameras and two seperate scanners and still the resolution is less than i need to see fine detail. any help would be welcome

 

That sux, Speedy

My first BB was trying to send my 21 peace dollar in to PCGS.It's a borderline 64/65. Apparently, it's also been borderline cleaned.

Almost hurts as much as love sometimes...