Perhaps someone is chumming the waters. Drumming up a little good will and attention to the product.
Oh well, ain’t gunna stop the train with the folks running it, kinda all in 🤔
Before long instead of “oh never “ , it’s going to be well “just wanted an example “ Then the addiction sets in and really really appeals to our personalities.
Hooked and landed. 🎣
Putting the key dates in X holders definitely makes sense because that holder has to draw attention somehow. Can’t just put all the dreck in there and expect excitement with a new grading system.
Sometimes I wonder if pinehurst doesn’t actually own or have their coins slabbed until they sell? That’s why they use sample photos.
@jessewvu said:
I wonder what the chance of spots developing are, on this newly slabbed coin?
About the same as any proof ASE in any other brand of slab.
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
@jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
@J2035 said: @jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
Agreed!
That is a very low budget appearing label that would be expected from a third tier grading company, not first.
But as y’all say, don’t buy the grade, don’t buy the label and don’t buy the slab.
And tying up that kind of money for a coin that could likely spot is just spooky, at best.
@J2035 said: @jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
One interesting thing is that when I search for sold listings, I only see 10s!
@J2035 said: @jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
One interesting thing is that when I search for sold listings, I only see 10s!
There weren't many 9.9 listed at all, actually. But they were mostly Pinehurst. They may have submitted as 70 only (10). Most of this stuff has no premium in lower grades. For some moderns, the 69 price is lower than the raw price.
@J2035 said: @jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
One interesting thing is that when I search for sold listings, I only see 10s!
There weren't many 9.9 listed at all, actually. But they were mostly Pinehurst. They may have submitted as 70 only (10). Most of this stuff has no premium in lower grades. For some moderns, the 69 price is lower than the raw price.
Agree with 69s and raw price. The only way 69 and lower gets a premium is toning or errors.
@J2035 said: @jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
One interesting thing is that when I search for sold listings, I only see 10s!
There weren't many 9.9 listed at all, actually. But they were mostly Pinehurst. They may have submitted as 70 only (10). Most of this stuff has no premium in lower grades. For some moderns, the 69 price is lower than the raw price.
Agree with 69s and raw price. The only way 69 and lower gets a premium is toning or errors.
@J2035 said: @jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
One interesting thing is that when I search for sold listings, I only see 10s!
There weren't many 9.9 listed at all, actually. But they were mostly Pinehurst. They may have submitted as 70 only (10). Most of this stuff has no premium in lower grades. For some moderns, the 69 price is lower than the raw price.
Agree with 69s and raw price. The only way 69 and lower gets a premium is toning or errors.
Yes, which is why some people submit as 70 only.
Sure, to cross, but for raw coins, I guess this is were we get "Gem Uncirculated".
@J2035 said: @jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
One interesting thing is that when I search for sold listings, I only see 10s!
There weren't many 9.9 listed at all, actually. But they were mostly Pinehurst. They may have submitted as 70 only (10). Most of this stuff has no premium in lower grades. For some moderns, the 69 price is lower than the raw price.
Agree with 69s and raw price. The only way 69 and lower gets a premium is toning or errors.
Yes, which is why some people submit as 70 only.
Sure, to cross, but for raw coins, I guess this is were we get "Gem Uncirculated".
Bulk submitters will submit raw coins as 70 only. They are returned raw if they don't make the grade.
@J2035 said: @jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
One interesting thing is that when I search for sold listings, I only see 10s!
There weren't many 9.9 listed at all, actually. But they were mostly Pinehurst. They may have submitted as 70 only (10). Most of this stuff has no premium in lower grades. For some moderns, the 69 price is lower than the raw price.
Agree with 69s and raw price. The only way 69 and lower gets a premium is toning or errors.
Yes, which is why some people submit as 70 only.
Sure, to cross, but for raw coins, I guess this is were we get "Gem Uncirculated".
Bulk submitters will submit raw coins as 70 only. They are returned raw if they don't make the grade.
Ah, good to know. Raw may be better since someone may think it has a shot at 70.
If this is the case, where do the "Gem Uncirculated" come from?
@J2035 said: @jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
One interesting thing is that when I search for sold listings, I only see 10s!
There weren't many 9.9 listed at all, actually. But they were mostly Pinehurst. They may have submitted as 70 only (10). Most of this stuff has no premium in lower grades. For some moderns, the 69 price is lower than the raw price.
Agree with 69s and raw price. The only way 69 and lower gets a premium is toning or errors.
Yes, which is why some people submit as 70 only.
Sure, to cross, but for raw coins, I guess this is were we get "Gem Uncirculated".
Bulk submitters will submit raw coins as 70 only. They are returned raw if they don't make the grade.
Ah, good to know. Raw may be better since someone may think it has a shot at 70.
If this is the case, where do the "Gem Uncirculated" come from?
They are submitted to be slabbed gem uncirculated. It's cheaper because they don't grade them.
@MilesWaits said:
Agreed!
That is a very low budget appearing label that would be expected from a third tier grading company, not first.
But as y’all say, don’t buy the grade, don’t buy the label and don’t buy the slab.
And tying up that kind of money for a coin that could likely spot is just spooky, at best.
Would it be fair to say that if it was going to spot it would have done so by now? Unless of course they were smart and dipped it n EZest first.
@J2035 said: @jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
One interesting thing is that when I search for sold listings, I only see 10s!
There weren't many 9.9 listed at all, actually. But they were mostly Pinehurst. They may have submitted as 70 only (10). Most of this stuff has no premium in lower grades. For some moderns, the 69 price is lower than the raw price.
Agree with 69s and raw price. The only way 69 and lower gets a premium is toning or errors.
Yes, which is why some people submit as 70 only.
Sure, to cross, but for raw coins, I guess this is were we get "Gem Uncirculated".
Bulk submitters will submit raw coins as 70 only. They are returned raw if they don't make the grade.
Ah, good to know. Raw may be better since someone may think it has a shot at 70.
If this is the case, where do the "Gem Uncirculated" come from?
They are submitted to be slabbed gem uncirculated. It's cheaper because they don't grade them.
They are also sometimes leftovers. Send a monster box with a 69 minimum grade. Anything below that gets slabbed Gem BU or gets put into slabbed rolls labeled as Gem BU.
Comments
Perhaps someone is chumming the waters. Drumming up a little good will and attention to the product.
Oh well, ain’t gunna stop the train with the folks running it, kinda all in 🤔
Before long instead of “oh never “ , it’s going to be well “just wanted an example “ Then the addiction sets in and really really appeals to our personalities.
Hooked and landed. 🎣
🎶 shout shout, let it all out 🎶
look at the cert number, that is an ULTRA RARE sample slab
Note from Pinehurst:
The coin pictured is only a representation of the coin you will receive, not the exact coin (serial numbers will vary)
Wayne
Kennedys are my quest...
How much extra is eBay's money back guarantee service?
I hope any potential buyer reads the full description ..... Run Forrest run... Cheers, RickO
I wonder what the chance of spots developing are, on this newly slabbed coin?
That is strange. And I generally like the dealer. That coin in that slab escapes me.
Putting the key dates in X holders definitely makes sense because that holder has to draw attention somehow. Can’t just put all the dreck in there and expect excitement with a new grading system.
Sometimes I wonder if pinehurst doesn’t actually own or have their coins slabbed until they sell? That’s why they use sample photos.
Probably quite similar to the chance of others that are newly slabbed. 😉 It will depend largely upon environmental conditions.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
About the same as any proof ASE in any other brand of slab.
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's a good idea to get attention for NGCX.
Here are the images.
It is just an NGC slab, after all. Only the label is different.
Most likely they sent off a bunch of NGC PF70 to be graded into the new label.
ANA 50 year/Life Member (now "Emeritus")
For me, the takeaway is these 95-W Eagles are 20K in 70.
Dang.
peacockcoins
@jmlanzaf - Didn't you previously argue that the purpose and benefit of NGCX is to draw new collectors who are familiar with cards and other collectible grading systems?
I'm sure they will jump right in on a $20K coin since it's so much easier to understand a grade of 10 than a 70.
So why would they not post a pic of the actual coin? Given the implications of that disclaimer. Are they not prepared or just lazy?
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As I said in the title, I was surprised they would cross a $20k coin. However, if you look at the other NGCX out there, they are more what I would have expected. Search "NGCX" on ebay and you'll see what I mean.
If they can speed up turn around times, then it is good for the hobby.
Oh man! I don't have that label - Must collect it at any price!
"When they can't find anything wrong with you, they create it!"
Agreed!
That is a very low budget appearing label that would be expected from a third tier grading company, not first.
But as y’all say, don’t buy the grade, don’t buy the label and don’t buy the slab.
And tying up that kind of money for a coin that could likely spot is just spooky, at best.
One interesting thing is that when I search for sold listings, I only see 10s!
There weren't many 9.9 listed at all, actually. But they were mostly Pinehurst. They may have submitted as 70 only (10). Most of this stuff has no premium in lower grades. For some moderns, the 69 price is lower than the raw price.
Agree with 69s and raw price. The only way 69 and lower gets a premium is toning or errors.
Yes, which is why some people submit as 70 only.
Sure, to cross, but for raw coins, I guess this is were we get "Gem Uncirculated".
Bulk submitters will submit raw coins as 70 only. They are returned raw if they don't make the grade.
Ah, good to know. Raw may be better since someone may think it has a shot at 70.
If this is the case, where do the "Gem Uncirculated" come from?
They are submitted to be slabbed gem uncirculated. It's cheaper because they don't grade them.
Right, but you see ..... At this price, margins are already squeezed so very tight.....
Also: don't buy the coin.
Collect photos!
Would it be fair to say that if it was going to spot it would have done so by now? Unless of course they were smart and dipped it n EZest first.
To spot or not.
Good question!
Worth the gamble?
I love my bullion near “spot” pricing.
They are also sometimes leftovers. Send a monster box with a 69 minimum grade. Anything below that gets slabbed Gem BU or gets put into slabbed rolls labeled as Gem BU.