I tried them when they first started. At the time they were excellent, and conservative. But.... time and business marched on and they became just another TPGrading company. Time to crack them out and re-submit them to a real company. That said, SEGS is a decent company.
Leadfoot The following photo is an NTC slabbed coin. I don't actually have a photo of the entire slab, but you can see the NT at the bottom right of the photo. Tell me what you think the grade of the coin is and then I will post the NTC assigned grade.
I think the coin is artifically toned and would bag at a real TPG. IF forced to grade, it looks like a 64 or 65 to me.
Kudos to Leadfoot. That is exactly right. The coin looks AT to me as well and NTC graded it MS65. However, if it were not toned, I would not mind seeing this coin in an NGC or PCGS MS65 holder. IMO it is a PQ 64 or a 65, but NTC did a pretty good job grading it other than allowing the questionable toning. BTW, I have this coin listed in my inventory as a raw coin and I cracked it out of the holder. It currently resides in a 20th Century Type Set Capital Holder that houses my AT type set. Now you guys can make fun of me for having an AT type set on purpose. I don't think that NTC's grading is that far off compared to the other third world TPG's but they definitely let problem coins through without correct attribution of the problem.
Also on that 1886 Morgan, it seems to be a die crack on the reverse on the top left. Other than that MS64
Die cracks on Morgans are very common, and unless there is metal displacement, it is usually not noted in any VAM listing for anything other than determining die state. There is also a die clash from the Cap Vee between the eagle's left wing and the righthand wreath, but this too is very common. Unless there is a letter transfer resulting from a clash, it does not warrant attribution. Chris
What no credit for ICG? I know they aren't the most consistent, but it isn't like all of their coins are misgraded, I'd imagine there is a great percentage of accurately graded coins.
If they can survive, they will eventually change the holders. This was discussed about a year ago on these forums. Nonetheless, they are accurate and consistent graders.
There is something to be said for the leading grading services. Time and time again, I hear horror stories from people who thought they got a *bargain* in an off-holder, and it almost always ends in tears.
NTC Slab Hello Eveyone, Here is a 1896 morgan graded MS-67, as best as I can tell it barely makes it to MS-64. Paid two hundered bucks for it. Oh well. Steve
A general rule of thumb when buying slabbed coins sight-unseen is that you must treat coins slabbed by third-world grading services as raw coins. Buying coins like this on SleazeBay is like playing Russian Roulette with 6 bullets in the cylinder. The only time you won't lose is when the gun misfires. Chris
Your right on Chris, it was an E-bay purchase. You can also lose at playing Russian Roulette if you play with an automatic. LOL Steve
When playing Russian Roulette with an automatic weapon and a terrorist, it is always best to be polite and let him go first. Chris