Heres some errors

Discussion in 'Error Coins' started by Dv8one, Nov 7, 2017.

  1. 19Lyds

    19Lyds Member of the United States of Confusion

    As is PCGS and I think the "gist" is that without a physical address, there is no incentive to sit around and stew about driving out there and pulverizing somebody should the shipment go "missing". A-r-rgH!
     
    paddyman98 likes this.
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  3. Santinidollar

    Santinidollar Supporter! Supporter

    No offense intended, but don’t deal with any basement slabbing services such as these.
     
  4. Kentucky

    Kentucky Supporter! Supporter

    My sincere condolences.
     
  5. mynamespat

    mynamespat Well-Known Member

    Meh, it's pretty easy to track down who owns a business with the interbwebz...
    https://www.trademarkia.com/a-ncgs-national-coin-grading-service-78934770.html
    https://twitter.com/ncgscoins

    Personally, I don't like the way the contact page only refers to ownership as "the management". It comes off as if even Carl doesn't want his name attached to this service. ;P
     
  6. furryfrog02

    furryfrog02 Well-Known Member

    Wait...Is this real?
     
  7. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Yes, they would of been better.. But I wouldn't send my coins to them neither.. Never have and never will! This is my opinion though.
     
  8. FBLfinder

    FBLfinder Active Member

    This is a TPGS that is used to sell good coins gone bad. I once purchased on an online estate auction thinking how bad could the grading be? Maybe a few point higher than reputable TPGS? Turned out a whole grade from MS to AU and omitted the cleaning. Im not even convinced that they are real.

    Lesson learned, this TPGS is only for non reputable coin sellers to over grade to allow an under achieving to be over priced coin.

    If you ever plan on selling... i recommend not using those slabs. ANACS is a great way to determine what you are looking for less with less second guessing of accuracy.
     
  9. Kasia

    Kasia Got my learning hat on

    ANACS is a better tpg, but I am not of a mind that any of these should have been sent to any tpg. It is possible, if really unlikely that one of these might actually be valuable enough in and of itself due to it being a really high grade with exceptional strike, but that is dubious. Or a very strange chance that one or more of the coins might be a somewhat sought after error or variety. Yet even should that have occurred, every bit of value that could have come from identifying a coin as being a such a coin, should that have occurred, is fully wasted by the cost of slabbing them from a consumers point of view, i.e., the person paying for them to be slabbed. At ten or even twelve bucks a pop, and postage or other costs each way, you want to be sure your coin will bring value from you doing that. I think in this case, the effort brought no value to the coins to sell, and negative value to the person who owns them because they are out the fees, have a number of coins that are not particularly enjoyable because the grading is really suspect, and even if some are properly graded, none are likely to ever reach a value of ten dollars.


    They are useable as examples to see if a group of people here could grade properly, assuming good photographs could be put up, and by the owner to use as his/her learning experience. Sometimes learning comes with costs you don't expect, but in the long run, it gives you a lesson that helps you in the future. And if, say, one of the MS65 to MS70 as shown graded by the slab actually have a coin inside that is actually a MS65 coin, then probably a note could be attached with it so that should that particular coin so that value could be realized later from it. As an example, using that 1984D Jefferson Nickel that is graded as a MS70. Going to the online PCGS values site, you find that A MS65 is valued there at 6 dollars, a MS 66 at 42 dollars, and a MS67 at 400 dollars. No value has been given for above that grade. And these values are for regular, not plus designation coins. In the Jefferson nickles from 1965 on, only one - a 1994P - has a value given for a MS70 grade and that value is five thousand dollars. For the 1984D nickle, should it accurately grade at a MS64 to MS65 (and I am only assuming it might could have a good enough strike and fit the criteria), then it's value might run two to six dollars. But you had better be sure that it solidly fits in there instead of being a MS63 which essentially holds no value.
     
  10. NLL

    NLL Well-Known Member

    Sorry @Dv8one but I think the only error here was buying those coins.
     
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