Numismatic certification institute from 1987
logger7
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Was this under Anacs' auspices or a different outfit? What did they charge for their certifications? Thanks.
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Based in TX, Mike Sherman worked there. It was Mr. Halperin's TPGS. They were in competition w/ANACS & INSAB.
Read the fine print. Heritage Auctions.
Does this mean this was a pre-cursor to NGC?
Yes and No - indirectly as in some of the same parties involved.
At the time was considered reasonably reputable (this was during the "never certified" era so you have to read contemporaneous commentary looking for the bias)... even after they folded, the grey sheet listed them for many years as 95% of the grey sheet (PCGS/NGC) price. I posted that table from a 1989 CDN somewhere.
ANA 50 year/Life Member (now "Emeritus")
@logger7 - did you miss the words on the certificate itself (bottom right reverse)?
ANA 50 year/Life Member (now "Emeritus")
I saw one of those at a coin show outside Seattle years ago....I think it was a Morgan...Did not buy it, wish I had, just for historical purposes. Cheers, RickO
They show up on eBay with some regularity and can be had for around $50 (for an UNC Morgan). There are even a few listed now (with the cheapest around $80).
@U1chicago ....Thanks for the information...I don't go to ebay very much anymore.... will check them out. Cheers, RickO
Here's a great forum thread from 2011 on this subject
https://forums.collectors.com/discussion/822088/who-is-was-nci-theres-an-ebay-auction-with-a-nci-slab
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Thanks for pointing that out. The dealer I bought it from said it was an old Anacs flip grade.
Were these accurately graded, and what did they charge?
**> @BStrauss3 said:
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Yep, I clearly remember them posting the NCI values on the Grey Sheet many years ago.
While Heritage and Mr. Halperin may be an investor (?) or customer of NGC, NCI WAS NOT a pre-cursor to NGC. Additionally, the principals at Heritage or NCI were not openly involved (if at all) in the start-up of NGC. Anyone know differently? I know someone here knows all the back room stuff.
As I said, they were pretty good in the day - the CDN (Grey Sheet) had a table that related alternate grading services to the values in the sheet.
There was a book about their grading:
https://www.amazon.com/N-C-I-Grading-Guide-Step-step/dp/0933372027
ANA 50 year/Life Member (now "Emeritus")
I posted a morgan like this on my profile to try to find out what it's worth and a little something about it. I'm kinda new to the coin world and would like to know what I have before I sell it. Can anyone help me out?
Do you have a picture of it?
Why in the hell did someone put a sticker on liberty's face? Is there something on the certificate that they are trying to hide?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
it is a Morgan dollar and seems to be worth in the $150 to $250 area to someone who would want it.
I suspect NCI closed down when the FTC went after some coin companies around 1990, but the NCI coins I have seen are all fairly graded.
https://washingtonpost.com/archive/lifestyle/1990/09/07/ftc-grades-coin-services/7064d615-5679-415b-81b3-d12857bb48be/
I have no idea, Dennis. Not something I would have done.
Interesting and useful historical article! And this was after the "investment" craze of 1989 when many thinly capitalized certified coins went through the roof, then collapsed. And grading continued to be very tight through the 1990s.