Did all these old NGC holders have the grade on the reverse?
Do you feel this coin was undergraded?
JJacks
Always buying music cards of artists I like! PSA or raw! Esp want PSA 10s 1991 Musicards Marx, Elton, Bryan Adams, etc. And 92/93 Country Gold AJ, Clint Black, Tim McGraw PSA 10s
Yeah thats real cool! I've heard Condor101 post about them and he said they were really rare. First time I ever seen one. I like it. Looks better than their modern day slab. I had to go back to a scond time to look for a coin in it...nice coin too! Certianly a case of the plastic being more valuable than the coin.
Change that we can believe in is that change which is 90% silver.
Yes, this coin would be an easy upgrade but I would never break this holder open. NGC was extremely conservative when they began in 1987, even more so than PCGS is today, that's one reason there are hardly any of the very first NGC holders left these days, they were all cracked out and bumped at some point. There weren't that many to begin with though, if I remember right, they only used these black holders at the very outset and only for a brief time.
BTW....Does anyone remember when NGC gold traded at a premium to PCGS?
Very Nice! In spite of all my ranting and raving about not buying the plastic in this case I thing it was not such a bad idea.
The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
WAY TO GO DRAGON! You say that was on ebay? What auction number? That makes the third one I've seen now in four years. These were only used for about 4 weeks with atotal production of around 35,000 slabs. Most have been destroyed over the years and estimates of the number still in existance range from between 40 and 400 pieces. Personally I think it's probably around 300 slabs extant. So it isn't the rarest slab/certificate but it is the most desired. I'm envious.
Jjacks, Yes the grade always appears on the reverse. NGC listened to a consultant who told them that it was very important to keep their name an logo before to customer and that they should have the logo on the more important obverse side and the grade on the less important reverse. The consultant completely missed the fact that it was the grade that made the SLAB important.
Good for you, dragon! Were you set on getting one with a Morgan, or would you have taken the first one that came along?
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Way to go Dragon! Now, Conder101- You mentioned this isn't the rarest slab. Which one is? Also- how rare is the same slab Dragon shows but all white (same insert type)?
Way to go. Glad you finally found one. Sounds like there indeed was a time when NGC had a legitimate shot at being the no.1 grading service, but they totally bungled it. Reminds me of Apple computer. Anyway I really like the look of that holder and I wish they'd start making the black slabs again.
Maybe ACG will start making slabs like that, and then THEY will become the #1 service. I can't wait!
.....GOD
"Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9
"Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5
"For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
It's alright Dragon can have this one since I already have one. One of the reasons they dropped the black insert was because although white silver and gold or red copper look stunning in them heavily toned silver doesn't look very good, nor does brown copper. Dark early large cents just disappear completely. I have a beautifully blue and gold toned Barber dime in mine but at any kind of distance the coin just fades into the holder.
The rarest? Well there are several slabs that had productions of just a few hundred pieces, The highest serial number I have seen on a Compugrade slab is 85. But the rarest third party holder is actually one of the early certificate varieties. NES Numismatic Evaluation Service debuted at the same show as PCGS. NES lasted for four days and then closed their doors after issuing just 46 certificates. I seriously doubt if any of them still exist today with the possible exception that the owner of the company may have one. For an actual slab I'd have to tip my hat to one by NCG. Not the same NCG that was talked about in another thread. This was a firm that started by slabbing the burnished dollars in 2000. They produced 201 pieces but when they were shown that another company using the same initials already existed they recalled the slabs before they were even sent out. The only evidence of their existance is a scan in my book. I was disappointed because I had purchased one of the slabs before the recall. (my money was promptly refunded. I would have rather had the slab.)
dragon
Posts: 4,548 ✭✭
Comments
Dragon
Wow! That does look old!
Did all these old NGC holders have the grade on the reverse?
Do you feel this coin was undergraded?
JJacks
never seen one. now I know what to watch for (for you) at shows.
Rainbow Stars
Yes, this coin would be an easy upgrade but I would never break this holder open. NGC was extremely conservative when they began in 1987, even more so than PCGS is today, that's one reason there are hardly any of the very first NGC holders left these days, they were all cracked out and bumped at some point. There weren't that many to begin with though, if I remember right, they only used these black holders at the very outset and only for a brief time.
BTW....Does anyone remember when NGC gold traded at a premium to PCGS?
Dragon
Very Nice! In spite of all my ranting and raving about not buying the plastic in this case I thing it was not such a bad idea.
Jjacks, Yes the grade always appears on the reverse. NGC listened to a consultant who told them that it was very important to keep their name an logo before to customer and that they should have the logo on the more important obverse side and the grade on the less important reverse. The consultant completely missed the fact that it was the grade that made the SLAB important.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Very nice and congratulations.
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etexmike
I would have gladly taken any piece in the black holder, the fact that it was a Morgan made it all the better.
Dragon
Obscurum per obscurius
Now, Conder101- You mentioned this isn't the rarest slab. Which one is?
Also- how rare is the same slab Dragon shows but all white (same insert type)?
peacockcoins
stman
Im glad the transaction went good and you finally have one.
The coin also looks nice for the grade, you should crack it out and send it in for an upgrade!!!
"Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9
"Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5
"For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
The rarest? Well there are several slabs that had productions of just a few hundred pieces, The highest serial number I have seen on a Compugrade slab is 85. But the rarest third party holder is actually one of the early certificate varieties. NES Numismatic Evaluation Service debuted at the same show as PCGS. NES lasted for four days and then closed their doors after issuing just 46 certificates. I seriously doubt if any of them still exist today with the possible exception that the owner of the company may have one. For an actual slab I'd have to tip my hat to one by NCG. Not the same NCG that was talked about in another thread. This was a firm that started by slabbing the burnished dollars in 2000. They produced 201 pieces but when they were shown that another company using the same initials already existed they recalled the slabs before they were even sent out. The only evidence of their existance is a scan in my book. I was disappointed because I had purchased one of the slabs before the recall. (my money was promptly refunded. I would have rather had the slab.)