NGC Conserving and Slabbing Service

Discussion in 'US Coins Forum' started by mikenoodle, Apr 4, 2008.

  1. Mark Feld

    Mark Feld Rare coin dealer

    To avoid possible confusion, that coin, which was net graded and noted for cleaning, was encapsulated by NCS, not NGC. To my knowledge, NGC won't grade/encapsulate and identify coins in that manner.
     
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  3. Bonedigger

    Bonedigger New Member


    Kinda like the same thing though, just one step down from the top. If the NCS could have conserved it, then it possibly would have ended up in an NGC holder. But the point is mute now, since the coin is simply marked VF-30 and in the BCBHDC.

    Take Care
    Ben
     
  4. Speedy

    Speedy Researching Coins Supporter

    Do Ben, you did just what you have been bashing NGC for doing.
    You say that they shouldn't take coins from NCS since they know that they have been worked on and put them in a holder but they should always make sure they are clearly marked that they have problems. So you take a coin and crack it out and don't even note it on the holder...just put VF....what you are doing is totally what you said shouldn't be done in post #6.

    Speedy
     
  5. Mark Feld

    Mark Feld Rare coin dealer

    Presumably you meant "moot", not "mute".:confused:
     
  6. Bonedigger

    Bonedigger New Member

    Hmmm, Speedy think I understand what your getting at. FWIW Hoss, this coin I purchased off of Ebay in the condition shown (picture) and it's obvious I still have proof of the purchase. I applaude NCS for marking the slab as such, but after I cracked it out it (the coin) simply went into a folder where it would fit for display. I still have the documentation to show what NCS THOUGHT of the coin along with the 40 odd others I've cracked out in the recent years.

    I'm simply a collector with no intent of selling or marketing my coins much unlike NCS/NGC.

    ... ;)

    Take Care Guys
    Ben
     
  7. 900fine

    900fine doggone it people like me

    With a very important difference... when holdered in an NCS slab, it is very clear it is a "problem" coin with the problem clearly noted.
     
  8. 900fine

    900fine doggone it people like me

    Also, NGC wisely put more "perception distance" between NGC and NCS by
    • using a 2nd brand name
    • using a distinctly different holder
    ANACS did neither.
     
  9. Bonedigger

    Bonedigger New Member

    One must remember too that my coin was NOT Conserved, it was simply identified as cleaned. If it had been dipped the obverse would have looked drastically different.

    Take Care
    Ben
     
  10. Speedy

    Speedy Researching Coins Supporter

    I would doubt that Bone---I would bet that NCS did something to it.

    One thing I never have heard about---if NCS can't do anything to help your coin...does it get BB?

    Speedy
     
  11. Philly Dog

    Philly Dog Coin Collector

    Conserved
    protect from harm or decay: to keep something, especially an important environmental or cultural resource, from harm, loss, change, or decay
    the importance of conserving our national heritage



    Conservation
    protection of valued resources: the preservation, management, and care of natural and cultural resources
    protection from change: the keeping or protecting of something from change, loss, or damage
     
  12. 900fine

    900fine doggone it people like me

    In general, no - depending on your submission choices.

    When one submits a coin to NCS, one has several options :

    1) Do you want conservation services or not ? If yes, they will evaluate it for 1% of fair market value. If they decide conservation services are warranted, they will do so for 4% of FMV (up to $150,000 per coin; 2% FMV above $150K)

    2) Whether conserved or not - submitter has 4 encapsulation options :

    a) NGC grading / NCS Authentication + details grade
    b) NGC grading / NCS Authentication only (marked "genuine" on holder)
    c) NGC grading only (subject to normal body bag rules)
    d) return without grading (which makes sense only if you wanted conservation services only)

    Options a) and b) guarantee any genuine coin will be slabbed - no BB. NCS will check it out; if it passes muster, they automatically route it over to NGC for the more prestigious slab. Else NCS slabs it.

    That is a good way to go if you have a questionable coin.
     
  13. Mark Feld

    Mark Feld Rare coin dealer

    In the opinion of many people, myself included, much of the so-called "conservation" on the part of NCS DOES change and/or damage many of the coins.
     
  14. ldhair

    ldhair Clean Supporter

    I agree.
    Some of what they do is just fine but they should say "there is nothing we can do" much more often.
     
  15. Bonedigger

    Bonedigger New Member

    Thank you for clearing the process up. :)

    Take Care
    Ben
     
  16. Jhonn

    Jhonn Team Awesome

    Does anyone have photos of NCS coins that looks worse after conservation? I'd be interested in seeing what one of these looks like (I certainly don't doubt that there are ugly NCS out there).
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    Something that perhaps should be considered when dicussing this topic is this - it is not uncommon for a coin that is in rough shape or has problems to be intentionally toned in order to cover those issues. And not all intentional toning is bright and colorful. A lot of it can be just plain ordinary gun metal grey, for silver coins anyway. And sometimes it can be quite dark. And that dark toning does an excellent job of covering up problems. And as many already know, there are even commercially sold products on the market that allow you to do this.

    That being said, since so many collectors out there do not like toning of any kind and seem to want all of their coins bright and shiny, it only stands to reason that coins like those I mentioned above, when subitted to NCS for conservation, could easily turn out to look worse after the conservation than they did before the conservation. For once all that dark toning is removed - all those problem issues once again see the light of day.
     
  18. Conder101

    Conder101 Numismatist

    Especially on copper coins.
     
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