I'll be honest, I'm more then a little disappointed and apparently in need of new glasses... Though admitedly I half expected the grades I got on 3... the 1885, the 94 and the LC were more or less what I expected... the other 3 disappointed me greatly as I honestly saw no signs of cleaning on any of them and the "altered surfaces"? wth... well I have the 91s arriving later today most likely so will be giveing that a very very careful going over before I decided to send it in...
I'll be interested to see if you can figure out how the '92 ended up with an altered surface once you have it back in hand. Hope you have better luck with straight grades next time. Thanks for sharing your experience.
Original thread: https://www.cointalk.com/threads/ngc-submission-delayed-until-these-arrive.394884/ I agree with NGC’s grades on these
Believe me, you will not determine why with NGC, I had a significant multi-year study with NGC and PCGS where I removed expensive certified Gold mostly Double Eagle coins from their slabs, sending to NGC/PCGS through regular submitters. I was amazed at the returns, often re-submitting to the competition, receiving a grade. Here are firms that offer cleaning/etc. services, but majorilly returned "detail" coins as "cleaned" (i.e. not "harshly or improperly cleaned"). I learned to not send coins for re-submission, just buy a properly certified coin as described in the published 1977 copyright A.N.A. standards. I saved the majority, but sold beautiful "Type I" to associates at virtually melt, who I knew would unslab and sell as raw. Those I kept have a unique tag on reverse stating NoCAK JMHO
It should be very easy top see the cleaning on the '03 and '92. Look at your original thread above. Note the two-tone halo around the relief. The A/S may just be a chemical haze that can be removed. If you said you were going to have them slabbed, many of us would have discouraged it. Now with the added cost of slabbing you did not do so well.
This is why you just buy morgans already slabbed. There are more than enough. I know for what you have in these now, you could have gotten them slabbed even with details for less.
Weaseluv posted a thread earlier discussing the coins he was sending in to NGC: https://www.cointalk.com/threads/5-morgans-and-an-lc-off-to-ngc.395078/ I predicted when I read the thread that the 1892 and 1903 were probably going to come back cleaned from the photos in the thread, then again the photos aren't great. This is a great example of a numismatic learning experience to put to use for the next submission.
Buying coins raw on line is a crap shoot! Unless you can return them for a full refund if not liked. One doesn't need to buy graded specimens, one does need to know what they are actually looking at! Life is a learning experience, if you don't strive to learn something new daily ...your living in the dark ages. Have I purchased detailed coins damn skippy.....but were purchased for a reason ,knowingly....mostlly rareity, or die marriages. My advice to the OP is to STOP buying and beging learning! As to what your buying. Better dates and mm should be apporached in the raw state with caution as one should expect that if it looks to good...why isnt it already slabed? I say this not as a put down....but as solid advice. Knowlege is power.... from the" student "who sat in the front desk..."at the school of hard knocks." Mistakes you learn by true... you learn not to make them again. Just my honest opinion....oh BTW ...a slab coin isn't and shouldn't be a safty zone, one can screw the pooch just as bad buying a slab as raw...again Knowlege is the answer.
I’m leery of raw coins that say “rare” “Ms++++” “hard date” etc on most every coin that seller lists. When they all look uniformly good I figure something isn’t right. Been burned a few times and nothing beats seeing the coin in hand. Wish these has turned out better for you.
My last two submission have had half of them coming back cleaned or alt surface. I see it on one and I know it when I sent it but the others no idea. Maybe they have quotas.
Seems like NGC is the way to go right now over PCGS for turnaround times. I have heard stories about coins being sent in to PCGS several months ago and still being in the grading stage. I have several coins that I have been putting off sending in for a long time now, of which most are varieties. Not sure how much more demand these coins would bring in PCGS plastic than NGC, and if it's worth PCGS' extremely long turnaround time at the moment.
It just depends what it is. If there's no real difference in price that could be the better choice. A lot of stuff that really sat for a long long time at both companies was submitted a couple months ago. Something weird was happening, but NGC has had plenty of things and stories of things sitting for months and months and even points where packages took over a month to just open. There's not really a great option at the moment with the supply chain issues and record volumes. The one big positive for PCGS though is you dont get charged until the order ships so at least you still have your money while it sits, NGC charges you as soon as they enter it in the system and you're basically giving them an interest free loan until the order is completed
