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When did NGC start this?

agentjim007agentjim007 Posts: 6,256 ✭
in U.S. Coin Forum
I know I haven't been around much lately so you might all know this but I don't. Thanks...NGC / GSA $

Comments

  • jbstevenjbsteven Posts: 6,178 ✭
    about a month ago they started the service. kinda curious to see if any value is added.
  • AndroidAndroid Posts: 726 ✭
    AgentJim,

    NGC now offers a guaranty on copper too.
    We are finite beings, limited in all our powers, and, hence, our conclusions are not only relative, but they should ever be held subject to correction. Positive assurance is unattainable. The dogmatist is the only one who claims to possess absolute certainty.

    First POTD 9/19/05!!

  • CLASSICSCLASSICS Posts: 1,164 ✭✭
    007 good to see you around again........image
  • TootawlTootawl Posts: 5,877 ✭✭✭
    Does NGC actually slab the GSA holder or do they just wrap a band around the holder so that you can put it back into the original box?
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • drsvenghalidrsvenghali Posts: 291 ✭✭
    Just a tamper proof label no slab around the GSA holder.
    "Don't talk like an ignarosis."

    I specialize in Wisconsin currency! Looking for information on WI national banknotes. Census stands at 12,318 notes.

    **"Wisconsin National Bank Notes - 2nd Edition" is out!!!" Only $20PPd!!!
  • fairtraderzzfairtraderzz Posts: 56
    I seen the word " HOARD " on that slab. If I remember correctly wasn't there a thread around last month about how that word was made up by eBay coin sellers trying to dump coins on the market?
    And I have never seen a auction by NGC on eBay...
    Sorry I had to reply to this oneimage

    Gary
    fairtraderz eBay auction's
    fairtraderz@rare-things.com
  • gsaguygsaguy Posts: 2,425 ✭
    AJ,

    I believe the new service was first announced at FUN in Orlando. I saw a couple of example coins, but they wouldn't let anyone handle them. They said that it'd be about a month before the first ones hit the market so it looks like they're right on schedule.

    As for how it affects the market, that remains to be seen. I'm just happy to believe that fewer of my 'buddies' will be cracked out.image

    GSAGUY
    image
  • michaelmichael Posts: 9,524 ✭✭
    ngc started doing this at the fun show in jan 2003

    they do not guarantee the grade of the coin in the gsa slab with the ngc seal around the gsa holder as the seal around the gsa holders is not as secure as the white sonically sealed holders!


    whereas the more secure ngc white sonically sealed holders with the coins examined raw they have certain guarantees


    sincerely michael
  • BigernBigern Posts: 161
    I agree with GSAGUY the NGC grading of the coin will eliminate the cracking out and preserve the history. While more genuine that the "Binion hoard" it is still a pedigree. I have changed my mind after seeing the graded GSA's on EBAY I will buy the ungraded GSA, while NGC did a nice job it just takes something away with that "piece of tape" across the slab.

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