I thought I had seen something about this certification co. before on this site but when I used the search engine nothing came back. There are some coins on ebay which I am interested in at a reasonable price which are graded NNC MS65. I half suspect that they graded these coins MS65 because that is the highest grade which has been assigned by major services for this type of coin. The photograph looks MS65 but I am wary that it is a common photograph and not the coin which would be sent me. Their web site states that they have been in business for 25 years. Any thoughts?
Actually, they been in business since 2003. Their website states they have numismatic experience of 25 years, not that they been in business for 25 years. Here's their slab: Grey Sheet doesn't even list them: http://www.greysheet.com/cdn/cdnccmi.asp With that said, and all of the previous discussions on grading, certification, and "buy the coin, not the slab" threads...I wouldn't give these outfits the time of day. If you are buying "sight-unseen-coins", stick with the top four of PCGS, NGC, ICG and ANACS and NOT neccessaruly in that order. Forget about these guys and move on to a better find.
And that's all the information it gives. Let's put it this way - Both AGC and SEGS are included by Allcertifiedcoins.com in its "top nine" TPGs. NNC isn't. For Pete's sake young man - buy the coin, not the holder. Those are seller issues, not grader issues: What does the listing say about the photo? Have you asked the seller? What does the seller's feedback look like? (The actual comments, not just the numbers.)
Thanks Ed for the input. It was a 1924-S $1 that I was looking at and even with my inexperience it looks to be MS65 from their picture which should sell for around $10000. I forget their price but it was much lower, I believe below $1000.
Is the seller's name "centsles"? I believe he takes photos of each individual coin and does not use stock photos. He says he has a return policy, but I assume you have to contact him for the details. For instance, are the S&H charges refundable, is there a restocking fee?
Wp Then I should illuminate the battlefield with white phosphorus , Horus being the egyptian god of war.
This is yet another example of a private grading service specifically designed to be sold on Ebay. These guys pop up on a pretty regular basis in hopes of snagging a few customers before they learn how the market accepts there products. Slabs were designed to assist in the sight unseen market. Most dealers do not buy sight unseen unless they know the seller very well. All of the services have adjusted their grading standards and will again. The grades are based on the market. In short this means as the prices rise considerably the grades will grow with them. Some series have a whole grading system of their own. Unless you have the skills such as GDJMSP, I highly recommend that you stay away from any grading service that is not in the top four. At least you can minimize your losses this way.
I have had several transactions with "centsles" and all have been favorable. I haven't seen this grading company with anything he sells. He's primarily "NTC".
I just did a quick check of NNC and this seller is selling quite a few of their slabs. Personally, if a seller/dealer sells low par slabs, I would not do business with them. It is one thing to use a company for quick authentication, but touting them as good grading companies is less than an honest way to do business. Comparing these low tier companies with PCGS or NGC is at best dishonest.
Actually, 99,883 positive feedbacks vs. 50 negative feedbacks, is an excellent score. Let's face it. Newbies want slabs. They want cheap slabs. They do not want to spend years learning to grade coins themselves. Right or wrong, that seller is just giving them what they want.
99,883 positve feedbacks doesn't impress me a bit. We all know how easy it is to fool the newbie. Anyone selling junk slabs reguardless of the reason is bad for the hobby. Many of his items refer to investment quality and this is so misleading. I have learned that many power sellers work under a different set of rules. Using their influence to slam new members or members with low feedback ratings is just one good example of why I choose to stay away from Ebay.
Well, I can't say that I'm impressed either, but still he has an excellent feedback rating, considering the number of transactions he has made. IMO, all TPG is bad for the hobby. Not just those aimed at newbies. It used to pay to educate yourself. Not so much, anymore.
Did you get burned by centsles National dealer ? It looks like you went through a lot of trouble to go all the way back to 2001 to get his neg feedbacks. I'm not defending centsles at all by the way.........and I apoligize for getting off the subject of the original thread.
Hi, Robert. I think ND is offline right now. Actually, it is no trouble at all to pull up an eBayer's negs and neutrals. There is a website that allows you check only those, and skip over all the positives. Knowing ND, I'll bet he's not at all offended by anything you, or any of us have said. He's a great guy, and believes in what he's doing. He's also been around long enough to know that we will never see eye to eye on every issue.
Thanks jody. I was a little apprehensive about saying something. I didn't know you could do that with somebody's feedback......
Reading the actual feedback and replies is much more instructive than just looking at the numbers. That's the beauty of the website that allows pulling the negs/neutrals out for review. This seller's attitude toward his customers, as expressed in his replies, is a major factor in my having put him on my ignored sellers list a long time ago.
That's a good point. It also pays to make sure that the seller doesn't withold feedback until he sees what the buyer is going to leave for him. This is an old trick to avoid getting neged. A lot of buyers will be too scared of getting a retalitory neg, so they don't say anything. In this case the seller seems to leave positive feedback upon receiving good funds.
