Did NGC ever do this?

http://www.ebay.com/itm/1921-MORGAN...398829?hash=item51e1306f6d:g:2vEAAOSwr7ZW2wvP

"Brilliant Uncirculated" on an NGC slab.

When did they do this?

Edit: Another one: http://www.ebay.com/itm/1921-Morgan...490875?hash=item2eec273ffb:g:bN4AAOSwd0BVstx9

Are these slabs fake?

 

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I believe NGC did for BULK submissions but I could be wrong.

 

Also, it annoys me when people say "Key Date" and "Ultra Rare" on the most common Morgan dates (1882-S, 1884-O, 1881-S)

Has anyone noticed how tiny the mintmark punch is on the 1921-D Morgan?

 

I've seen them before and more knowledgeable people than I have proclaimed them genuine slabs, but I don't recall how they came to be.

 

I think the story goes that all the NGC graders were out sick one week so the regular staff just put BU on the labels.

 

They used a different size for all of the 1921's. Since it had been 17 years since the old punches were used and the first time for the Denver mintmark, I'm guessing that they didn't have a Denver mintmark the same size as the "S".

As for the use of the generic term "Brilliant Uncirculated", it was used not only for some bulk submissions, but also for some of the hoards like Redfield, Binion & Fitzgerald.

Chris

 

They've been doing this for many years for TV coin sellers, as have other TPG's.

 

So the question is raised, is a slabbed "brilliant uncirculated" free of cleaning?

 

Beats me. One would hope so; the loose standard is a righteous 63-ish for "Brilliant Uncirculated."

 

If it was a problem coin due to improper cleaning, NGC would have given it a "Details" grade.

Chris

 

There's basically two main ways these generally come about. The first would be a bulk submission where they just don't want actual grades, and the second would be a bulk submission where they worked out a deal for the coins that didn't make the minimum grade to be slabbed that way.

Yes they should be

 

If you want to see NGC's verification of the Cert. #...... https://www.ngccoin.com/certlookup/311812-014/

 

Yeah, but....the first one (original post) is only up to $1.29 + shipping. $12 worth of silver no matter what the grade. I think I'll bid.

 

These are genuine NGC slabs, and NGC has often used them in disposing of bulk submissions. The submitter submits a minimum grade and has the option of having lower graded coins returned as BU for a reduced fee from the normal grading costs. I have seen this with coins from the Binion and Battle Creek hoards, for instance.

This coin doesn't have a pedigree, so it is probably from an insignificant hoard or bulk submission. It wouldn't surprise me if some of these were linked to a telemarketer promotion given the flag, but I don't know that part for certain.