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<p>[QUOTE="Burton Strauss III, post: 25001758, member: 59677"]So here is the bad news...</p><p><br /></p><p>In addition to simple over-grading, the owner of NNC would purchase details graded (graded by reputable TPGs) coins on eBay, crack them out, slab them as straight-graded coins, and resell them on eBay.</p><p><br /></p><p>(You can prove this by comparing the tiny little dings and nicks - no two coins go through exactly the same path in life, even MS coins fresh from the mint have marks called "bag marks" because, well you get the idea).</p><p><br /></p><p>In PCGS plastic, a 1939-S MS66 Red-Brown <b>retails </b>for $22, $12 in MS65.</p><p><br /></p><p>As for the 1975-S proof coin, they don't even give a price guide for red-brown proofs, nor less than DCAM. The coin isn't DCAM, but PF67DCAM RED retails for $8.</p><p><br /></p><p><i>Now PCI... ah PCI... that generation (which I call the bullet train) comes AFTER the blatantly fraudulent PCI period (seriously, Google it: pci rico fraud)</i></p><p><br /></p><p>(If you follow up, the case was appealed to the 5th circuit, reversed and remanded</p><p><br /></p><p><br /></p><p><br /></p><p>followed by several long paragraphs that say this doesn't mean the defendants didn't commit ordinary fraud, just that the remedy selection based on the RICO finding was in error.</p><p><br /></p><p>So we come back to Southern Texas and the plaintiff files: oh, based on guidance from the appeals court, we pick ordinary damages, please. </p><p><br /></p><p><br /></p><p><br /></p><p>And the judge says "sure" and signs the proposed order:</p><p><br /></p><p>[ATTACH=full]1601603[/ATTACH]</p><p><br /></p><p>Whatever happened, THAT generation of PCI was dead-gone-dead.</p><p><br /></p><p>Whoever bought the PCI intellectual property and assets started up a new PCI. They ran out of a PO Box on Long Island and then a UPS store in Florida, and I've never seen any good claim to the name.</p><p><br /></p><p>They didn't get any better at grading.</p><p><br /></p><p>During the life of this iteration, they appear to have graded something over 60,000 coins (yours is #62,543 and I have #s as low as 3113 so ...) (plus there are 2011.95 coins and ones with the train but no tracks and the tracks but no train).</p><p><br /></p><p>[ATTACH=full]1601606[/ATTACH]</p><p><br /></p><p>PCGS lists an MS63 1974 clad Ike at $20, retail. MS64 for $24.</p><p><br /></p><p>Their website fades out in 2018 - it becomes a GoDaddy parking page, a front page for an online casino, that kind of stuff. The company was dissolved in Florida records in 2017 (look up P12000014667). </p><p><br /></p><p>There is a name in those records, but not a lot of hits in google. That name WAS originally one of the defendants in the case... but was dismissed from the case in 2014, </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>FWIW, from Hallmark's 1989 - to the 2018 end, this is the longest run of companies using the same physical slab shell...[/QUOTE]</p><p><br /></p>
[QUOTE="Burton Strauss III, post: 25001758, member: 59677"]So here is the bad news... In addition to simple over-grading, the owner of NNC would purchase details graded (graded by reputable TPGs) coins on eBay, crack them out, slab them as straight-graded coins, and resell them on eBay. (You can prove this by comparing the tiny little dings and nicks - no two coins go through exactly the same path in life, even MS coins fresh from the mint have marks called "bag marks" because, well you get the idea). In PCGS plastic, a 1939-S MS66 Red-Brown [B]retails [/B]for $22, $12 in MS65. As for the 1975-S proof coin, they don't even give a price guide for red-brown proofs, nor less than DCAM. The coin isn't DCAM, but PF67DCAM RED retails for $8. [I]Now PCI... ah PCI... that generation (which I call the bullet train) comes AFTER the blatantly fraudulent PCI period (seriously, Google it: pci rico fraud)[/I] (If you follow up, the case was appealed to the 5th circuit, reversed and remanded followed by several long paragraphs that say this doesn't mean the defendants didn't commit ordinary fraud, just that the remedy selection based on the RICO finding was in error. So we come back to Southern Texas and the plaintiff files: oh, based on guidance from the appeals court, we pick ordinary damages, please. And the judge says "sure" and signs the proposed order: [ATTACH=full]1601603[/ATTACH] Whatever happened, THAT generation of PCI was dead-gone-dead. Whoever bought the PCI intellectual property and assets started up a new PCI. They ran out of a PO Box on Long Island and then a UPS store in Florida, and I've never seen any good claim to the name. They didn't get any better at grading. During the life of this iteration, they appear to have graded something over 60,000 coins (yours is #62,543 and I have #s as low as 3113 so ...) (plus there are 2011.95 coins and ones with the train but no tracks and the tracks but no train). [ATTACH=full]1601606[/ATTACH] PCGS lists an MS63 1974 clad Ike at $20, retail. MS64 for $24. Their website fades out in 2018 - it becomes a GoDaddy parking page, a front page for an online casino, that kind of stuff. The company was dissolved in Florida records in 2017 (look up P12000014667). There is a name in those records, but not a lot of hits in google. That name WAS originally one of the defendants in the case... but was dismissed from the case in 2014, FWIW, from Hallmark's 1989 - to the 2018 end, this is the longest run of companies using the same physical slab shell...[/QUOTE]
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