Why won't NGC recognize this varie.... Oh never mind: THEY JUST DID!

Discussion in 'Coin Chat' started by mlov43, May 13, 2022.

  1. mlov43

    mlov43 주화 수집가

    Some of you (@GDJMSP , @charley , @Conder101 , @justafarmer @Tamaracian @John Burgess , @Mountain Man , @Chris B , @Mr.Q ) may remember my thread from December where I asked why NGC wouldn't recognize my S. Korea varieties ("narrow date spacing" and "wide date spacing" 1969 Five-Won coins)...

    Screen Shot 2021-11-05 at 8.29.04 AM.png

    ...and how NGC told me: "Currently NGC is not interested in recognizing minor date spacing and placement. Because of this we will not be able to offer you the variety check you requested."

    Well..

    All that is so 15 seconds ago... Screen Shot 2022-05-13 at 8.47.59 PM.png


    Unfortunately, they're not mine! A friend in Korea was able to (somehow?) tickle someone over at NGC to get these to be now accepted as varieties of this date!
     
    Last edited: May 13, 2022
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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    Fantastic!
     
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  4. ddddd

    ddddd Member

    I guess it takes the right person to convince them to do it.
    At least it's a positive end result.
     
    mlov43 likes this.
  5. mlov43

    mlov43 주화 수집가

    I forgot to mention you! You also participated in that earlier thread.
    Yes, well, NOW I can send in my wide date!

    I'm guessing that MS-65 Wide Date is easily a $2,000 coin (in Korea, not here... well, not YET). I've NEVER seen one in that good condition before, and you almost NEVER see them in MS. Mine is probably a 63.
     
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  6. Dean 295

    Dean 295 D.O.M.

    I remember you were talking about this variety a few months ago. You got it Goos for you.
     
    mlov43 likes this.
  7. mlov43

    mlov43 주화 수집가

    Not me. Someone in Korea.
     
  8. Tamaracian

    Tamaracian 12+ Yr Member--Supporter

    @mlov43 Just like most things that don't already have acceptance--it takes multiple input (or complaints) to get the people in charge to acknowledge/recognize something; I think this is true about your efforts last year, and maybe the person who did get NGC to assign that Label did know that you had posted about it; it might be informative to ask NGC when those coins were certified to see if it was post 12/21. Also, why no "Discovery Coin" designation on the Label?
     
    mlov43 likes this.
  9. mlov43

    mlov43 주화 수집가

    The "Discovery Coin" designation is a good point! THAT would've been nice for my friend in Korea. Good point, @Tamaracian

    This is what NGC told my friend in Korea:

    "We were finally able to receive recognition on the Wide Spaced Date by sending you a comparative analysis photo and detailed description on the invoice and the coin slip case before shipping."

    This sounds strange, but whatever...
     
  10. mlov43

    mlov43 주화 수집가

    And, yes, it was after my appeal. Clearly NGC changed their minds after I tried.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    That's always a possibility, but I think it more likely that they simply needed more examples and reports of the variety before they became willing to recognize it and attribute it on slabs.

    For all we know there may well have been several more reports and or submissions of the variety after mlov43's thread on the subject. After all, there are tens of thousands of people all over the world who read this forum every day. And a great many of them become aware of things for the 1st time here.
     
  12. mlov43

    mlov43 주화 수집가

    Yep. Thanks, Doug. I was guessing that was the case, too.
     
  13. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    Use their submission \ cert #s to lookup the different coin #s and use them on your submission
     
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  14. Mountain Man

    Mountain Man Well-Known Member

    Hey, I will attribute you with starting the whole thing. It just took a few more people like you to push them into recognizing it. Nice job.
     
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  15. mlov43

    mlov43 주화 수집가

    UPDATE:

    I finally got examples of these varieties graded by NGC!

    To recap the issue: I contacted NGC in August 2021 to ask that they recognize two "date spacing" varieties of the South Korean 1969 Five-Won and submitted examples to them for grading. They told me to kick rocks.
    Then, a collector in Korea somehow got NGC to attribute the two date spacing varieties back in December 2021, and as of last week, I now have a few examples with the variety noted on the slab tag. These are now "officially recognized by NGC" varieties of this date!


    My "Wide Spaced Date" variety coin is just one of FOUR (so far) of this rarer date variety from S. Korea in the NGC Census (Wide Spaced Date 1969 Five-Won).
    3z8xgjmn37c9.png

    The whole story behind this variety is told here:

    https://medium.com/@mlovmo/five-won-coin-die-varieties-1969-c4cf429a4f6b

    ..and in my book:

    http://dokdo-research.com/SouthKoreanCoinBook.html

    239gwxt7h3rs.jpg

     
  16. charley

    charley Well-Known Member

    OUTSTANDING!
    Perseverance at its finest conclusion.
     
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  17. mlov43

    mlov43 주화 수집가

    The "finest conclusion" would have been NGC giving me the variety acknowledgement the FIRST time that I asked so that I wouldn't have to pay them TWICE, but yes, it IS concluded!
     
  18. charley

    charley Well-Known Member

    But, then it would not have been Perseverance (and as we know, that is what is required by all pursuits Korean in nature), and would have just been your average gimmee success after the first whine. There is no challenge in that.....

    (don't bomb me, Bro...I'm old).
     
    mlov43 likes this.
  19. Joshua Lemons

    Joshua Lemons Well-Known Member Supporter

    When was your book published? Do you think because a reference was available detailing the variety, NGC had their arm twisted a bit? Congrats though, really neat.
     
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  20. mlov43

    mlov43 주화 수집가

    The book was published officially on August 1, 2022.

    Maybe not the book, but it was likely that NGC saw multiple appeals to recognize these varieties (in addition to my initial appeal) and then changed their minds. Also, the person in Korea asked the NGC office in Hong Kong if they would recognize the varieties, and I think THAT did it. The NGC staff there are much more willing to conceded to Asian varieties, according to the scuttlebutt I've heard...
     
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