Graded coin odd holder

I keep seeing these on eBay. Description says NGC. Anybody know anything about them?

 

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That would be a holder courtesy of a Russian coin grading company. I can't say I'm too fond of the slab design. However, I'd strongly advise against buying any coins slabbed by this grading service for now as I'm always quite skeptical of any new grading service.

https://rngacoin.ru/

 

Well... I know its definitely not NGC, looks like Russian numismatic grading company
https://rngacoin.ru/

 

Beat me to the punch @Bradley Trotter

 

Kinda cool. Looks like they use the 70 point Sheldon scale. Never heard of them before.

 

I don't see NGC anywhere but it is a Russian grading company.

 

I rather like the design. And unlike any of our regular holder, it appears that you can see about 70% of the third side of the coin.

 

Hmm, interesting.
Looked at some stuff from them and seems to be not all that bad.
i do have friends in Ukraine and Russia so perhaps this is more well known there.

I checked out the website and honestly was surprised. Maybe I'll get one of these

 

That‘s called keyword spamming. They add „NGC“ to the title to „improve“ search results.

 

Okay but I don't see it on the slab

 

Correct. It is not on the slab...only in the description. It's a tag so to speak. I get it.

 

Bradley Trotter, posted: "That would be a holder courtesy of a Russian coin grading company. I can't say I'm too fond of the slab design. However, I'd strongly advise against buying any coins slabbed by this grading service for now as I'm always quite skeptical of any new grading service."


Interesting. Exactly what do you base this on besides your "feelings?"

 

1. I'm highly skeptical of foreign TPG's in general and coins that are not slabbed by PCGS, NGC, ANACS, and ICG.

2. Russia isn't exactly the best source for buying authentic coins.

3. It's a grading service that's essentially an unknown variable at best.

4. This company might as well be the equivalent of an American basement self-slabber.

5. You think I'd buy something like this? I wouldn't spend my own money on a coin "certified" like this.

 

If I see their coins out there and agree with the grade, I'd pick one up. Really interesting design and I'd be willing to get more certified Russian empirical coins on the market.

 

Bradley Trotter, posted:

1. I'm highly skeptical of foreign TPG's in general and coins that are not slabbed by PCGS, NGC, ANACS, and ICG.

Again, why? Based on what? Hearsay? Have you checked out any "foreign" grading services in Canada, Europe, Asia, or China?

2. Russia isn't exactly the best source for buying authentic coins.

LOL, either is the U.S.A.

3. It's a grading service that's essentially an unknown variable at best.

Yes, especially for someone posting on line who has had no direct experience with the company.

PS Don't ask unless you wish to be embarrassed...

4. This company might as well be the equivalent of an American basement self-slabber.

Perhaps you would rate other similar foreign TPGS for us just to confirm your opinion.

5. You think I'd buy something like this? I wouldn't spend my own money on a coin "certified" like this.

Fortunately, what you would buy is of no concern to most of us here and has absolutely nothing to do with the offerings of the TPGS in question.

PS I do understand your attempt to worn readers to be careful about the coins they buy. IMO, attacking a business w/o any experience/knowledge about their product or reputation in Russia struck me as "smoke."

 

Why not? Are you buying the coin or the plastic it's entombed in?

 

LOL...well for what it's worth they changed they're description to RNGA...and I think R is for Royal...not Russian.

There seems to be bids on these slabs so people buy them. At least some of them. This particular coin the ask is 500.00 plus....really high for this coin in my opinion. It does stand on its own 2 feet...but high.

 

https://rngacoin.ru/

It's a Russian company that I put no weight into

 

Pretty harsh comments. Only time will tell.

It's like how the westerners were bashing Japanese cars when they were first released.