NCS...Wow!

Discussion in 'Coin Chat' started by RaceBannon, Dec 4, 2010.

  1. saltysam-1

    saltysam-1 Junior Member

    Details grade only, no numerical grade. Problems will be identified: improperly cleaned, previously cleaned, bent rim, scratched, ect..... However, after restoration; if the coin doesn't show signs of previous alterations or damage, you can have them send the coin over to the NGC guys (for an additional fee) and further grading. It would be treated as a new raw submission. NCS does holder it in their own special slab.
     
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  3. texmech

    texmech Wanna be coin collector

    That was what I was looking for..thank you
     
  4. DionHurst

    DionHurst Member

    Was this directed to Chris or Salty?

    I thought you were asking Chris how his conserved graded after the conservation.
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    If your quarter just has a haze on it, I'm pretty sure that NCS could successfully conserve it, but you should ask yourself if it would be worth it based on its (potential) value. Just like grading, if the cost of the service is more than the coin is worth, you might want to pass on it. I know that there are a lot of collectors who prefer to dip coins like this themselves, but I don't like to mess with something I know nothing about.

    I'm not sure where NGC/NCS/PMG will have their tables because this is the first year for FUN being in Tampa. You might want to check on the Florida United Numismatists website in a couple of weeks to see if they have the dealer directory and floorplan posted.

    Chris
     
  6. GDJMSP

    GDJMSP Numismatist Moderator

    If a coin is conserved by NCS and then sent to NGC for slabbing and NGC slabs it - there is no designation on that slab that says that the coin was conserved. It is is slabbed just like any other coin slabbed by NGC.

    edit - rather obviously I am talking about regular NGC slabs, not the Detail slabs.
     
  7. mark_h

    mark_h Somewhere over the rainbow

    I seem to recall someone mentioning on here that not all coins (even ones previously slabbed) will cross back over into an NGC problem free slab. Simply because the damage in the current slab could be stopped, but not reversed. I wish I could remember where I read something like that. And of course the value of the coin was worth the expense.
     
  8. texmech

    texmech Wanna be coin collector

    Maybe it's me, but that does not seem right. I gues its up to the buyer to undertsnad what they are buying by being able to evaluate the coin, but what is different when a 2 x 2 has the designation that the coin has been cleaned?
     
  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Conserving coins like the one I posted above is one thing, but if a coin has been improperly cleaned, it cannot be undone by conservation. I've read of other instances where a coin was submitted for conservation because it had a layer of grime on it, and when the conservation was performed, it was discovered that the grime was actually hiding hairlines or some other evidence of an improper cleaning. In cases like this, the coin cannot be encapsulated in a problem-free holder.

    Chris
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    That is correct. Example - a coin in a regular NGC slab is submitted for grade review because of what looks like a problem of some sort. NGC may then send the coin to NCS and see if they can help it. If NCS determines they cannot help the coin and that the coin does indeed have a problem then the coin is placed in either an NCS slab or an NGC Details slab and the NGC guarantee comes into play at that time.


    Do you think a dipped coin should have a designation on the slab saying that it has been dipped ? It's basically the same thing if not in fact the same thing. But there are literally millions and millions of dipped coins in both NGC and PCGS slabs with no designation stating that.

    The point is this Tex - the powers that be in the numismastic community, including the ANA, the TPGs, all of the recognized experts and authorities, basically nobody in the numismatic community has a problem with coins being cleaned. They only have a problem with coins being improperly or harshly cleaned.

    This is a point I have brought up many times, that being that the use of the word clean (or any of its forms like cleaned, cleaning) are used improperly when describing what is done to coins. The upshot is there is nothing wrong with cleaning a coin and thus there should be no designation on the slab.

    But there is everything wrong with harshly/improperly cleaning a coin and thus that designation is always put on the slab !
     
  11. 1066merlin

    1066merlin ANA#R3157534

    This is kinda a on/off the thread, sorry if my question is out of place but, I have a 1909 vdb MS64 cent in an NGC slab, I don't remember where I picked it up. However, there is a small Vert. spot on the obverse (it was there when I got it). Would NGC conserve and reslab it at no charge? I think I read that somewhere but not sure, is that true?

    Thanks!
     
  12. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I would think it would be covered under their warranty. Why don't you call and ask?

    800-642-2646

    Chris
     
  13. 1066merlin

    1066merlin ANA#R3157534

    I will call them for sure, Thanks for the info Chris!
     
  14. jello

    jello Not Expert★NormL®

  15. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    That's too bad, Jello. Unfortunately, it wasn't the fault of NCS. However, you might be able to get compensation from NGC because it went from a problem-free holder to a details holder.

    Chris
     
  16. saltysam-1

    saltysam-1 Junior Member

    Yes it did go to a details holder but it went from AU to MS. What is NGC position on something like that?
     
  17. Treashunt

    Treashunt The Other Frank

    yeah, they also charge a fortune and return the piece unchanged.


    At least they did it to me.
     
  18. jello

    jello Not Expert★NormL®

    Ngc page is misleading

    http://www.ncscoin.com/gallery/conserved/featured_conservation.asp
    This page is very misleading.
    1st it shows Burn Gold Ngc & Blue Pcgs burn & damaged slabbed coins .My coin was graded & seal without Gold Ngc holder AU55 with out any spots what so eve in 1997 or 1998,while sealed in a Ngc Gold holder the spot developed. I send it back.I was told there was just a re-Holder charge

    2nd Photo at that the link above shows all Gold Ngc holder not Ncs Pink after there conservation??
     

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  19. GDJMSP

    GDJMSP Numismatist Moderator

    No, it went from AU to MS details - big difference between that and going from AU to MS. But I do understand your point. Typically the owner would be reimbursed the price difference for the downgrade to the Details holder. Unless - NGC determined that there was no price difference in this case.

    We always have to remember this - what we think the value of a given coin is doesn't matter. ONLY the TPG gets to determine the value of any coin returned under their grade guarantee - not us. So if, in NGC's opinion, the coin question has the same value whether it is an AU55 regular slab - or if - it's in an MS Details slab, then there would be no reimbursement. That might be what happened here or it might not.

    What we don't know at this point is if Jello actually got that reimbursement or not because he hasn't said one way or the other.

    Yes, that does happen. But when it does happen it is almost always because the coin should not have been submitted to NCS for conservation to begin with.

    That's the hard part - determining whether or not your coin should even be submitted to NCS. They can't help or improve all coins, only some of them. And it's up to the owner of the coin to make that determination. And if the owner makes a mistake and submits a coin that can't be helped then the owner has to accept responsibility for that.

    It's kind of like submitting a problem coin for grading in the old days. You submitted a problem coin and got the coin back in a body-bag. Then the owner blamed the TPG for not grading the coin.

    But the thing is, the TPG did not make a mistake. The coin owner made the mistake, he never should have submitted the coin to begin with. But because he lacked the knowledge and experience to recognize that his coin was a problem coin he went ahead and submitted it anyway. Then he blamed the TPG for something that was his own fault.

    Now I know somebody is going to say - well if they (NCS) can't help the coin then they shouldn't even try. So it's NCS's fault !

    But it isn't. The reason it isn't is because you can't always tell just by looking at a coin if you can help it or not. Sometimes you have to try to help it to find out.

    Now somebody is going to say - well if they can't help the coin then they shouldn't charge you.

    My answer to that is this. If you go to a doctor with cancer and he can't cure you - does the doctor not send you a bill ? Do you get his service for free ? No, you don't. You pay the bill anyway. Yeah, that's kind of an extreme example but it's the same kind of thing. The company performed a service and just because you aren't happy with the outcome that doesn't mean you get it for free.
     
  20. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I'm in complete agreement with Doug, and knowledge is power. I don't understand how someone can say that they were cheated or "shortchanged" when they don't understand the process in the first place.

    Chris
     
  21. jello

    jello Not Expert★NormL®

    I told buy phone I would get charge $17.00 for a re-holding charge at 1st. then Ngc went up to$ 39. add change.
    I ended up paying $42.95.00 have Be in a Gold Holder grade 1st.then payed Ngc$39.50 have spot removed the coin be down grade to a pink holder.that all
    hex the coin was in a safety deposit box 95% of the time to so it was not beat up
     
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