I had recently obtained 3 silver dolars that were graded by NES out of Florida....all three were graded ms67...upon close inspection I could see lots of bag marks and even dings on the face......has anyone out there ever used NES or have even heard of them? I'd appreciate any feedback....I am new to this forum and thanks for any response in advance.....videoman...
NES is considered a self grading company. Even thought they might accept your submission, they mainly slab coins to sell to Ebay and other "dealers" to resell to customers. Here is their webpage as well as an Ebay guide which might help you. You can post your coin here and ask for grades, but you should be prepared to be disappointed. Even the MS-67 that NES posts on their webpage looks well below that. Welcome to the forum! Jim http://numismaticevaluationservice.com/ http://search.reviews.ebay.com/NES_Coins-Paper-Money_W0QQucatZ11116QQuqtZg
I once bought a 64 (or 65) NES graded 1911-S Lincoln for less than $50. I think that was pretty good deal for a XF/AU 1911-S Lincoln.
Yes, but the key is you have to know what you are doing to cherry pick from some of these selfslabbers. Most people just do not know enough to do that. They are the ones that end up paying more than the coin is worth at the true grade - thinking they got a good deal. So the key is to learn what you are doing first and then search the self-slabbers.
I personally believe that these coin grading, self slabbers don't get national recognition and respect for a good reason. If they were reputable at accurately grading coins, they'd be 90% of the way there. I bought one a few years ago slabbed by SGS, before I knew about the company. I don't feel I overpaid for the coin, but I do feel it was overgraded. I have to agree with Topcat.
There have been two companies by the name NES. The first was from back in 1986 and only lasted four days. (If anyone has one of their photocertificates I would LOVE to have it) The second NES is a very recent self slabber that has only been around for a year, maybe a little less. The market appears to give zero credence to their grading so for all practical purposes it is just a raw coin.
