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grading services

teptep Posts: 3
in U.S. Coin Forum
after 20 years I am looking over my collection that was mostly graded by numismatic cert institute. I am told that pcgs is the most recognized serice today. Does it pay to vhave them recertified by pcgs or are there other serices that are just as reliable
Thanks
tep

Comments

  • kieferscoinskieferscoins Posts: 10,017 ✭
    What kind of NCI holder is it? a slab or a paper insert? They slabs are collectible in their own right. It may pay to have them regraded depending upon what types of coins they are/grade. We just need more info.

    Cameron Kiefer
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Here's a site that rates grading services. Not in complete agreement on everything but then who ever is.

    But it does have some good info.

    http://www.camacs.com/coin_grading_services.html
  • paigowjohnnypaigowjohnny Posts: 4,257 ✭


    << <i>Here's a site that rates grading services. Not in complete agreement on everything but then who ever is. >>



    You can tell he's an ICG homer...
  • Conder101Conder101 Posts: 10,536 ✭
    How extensive is the collection and are a lot of them NCI certificates? If they are, I need to talk with you about determining certificate types because there I need to get firmer data on periods of issue for the different types.
  • MrEurekaMrEureka Posts: 24,332 ✭✭✭✭✭
    The NCI holders add no value to the coins. Have a professional review the coins with you to determine which coins should be resubmitted elsewhere. As for the rest, sounds like a deal for Cameron or eBay!

    BTW, many NCI coins are accurately graded, so don't let anyone tell you that your coins are trash just because they're in obsolete holders.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • kieferscoinskieferscoins Posts: 10,017 ✭


    << <i>The NCI holders add no value to the coins >>



    Really? Then why does Conder101 want to even discuss it with him. Yeah, he wants to update his book, but there is premiums for certain holders and there may be a deal out there.

    Cameron Kiefer
  • MrEurekaMrEureka Posts: 24,332 ✭✭✭✭✭
    OK, the holders can add SOME value to SOME inexpensive coins. But (Cameron, correct me if I'm wrong) the market for antique NCI plastic is very, very thin.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • kieferscoinskieferscoins Posts: 10,017 ✭
    Ok. We agree. Very thin right now. Maybe 4-10 guys looking for old slabs like that. Wait 1-2 years and after his slab book comes out the market will pick up and it will be a whole new field of collecting.

    Cameron Kiefer
  • MrEurekaMrEureka Posts: 24,332 ✭✭✭✭✭
    it will be a whole new field of collecting

    I knew I sold out too soon and too low!
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ursabearursabear Posts: 1,888
    tep,

    Welcome to the boards! Nice to have you around and about.

    We'd love to know what types of things are in your collection.
  • kieferscoinskieferscoins Posts: 10,017 ✭
    Andy,

    What kind of slabs did you have?

    Cameron Kiefer
  • sinin1sinin1 Posts: 7,500 ✭
    I have something from NCI that I do not know what I would call.

    It is a 4x5 inch card with 2x2.25 in color photos of both the obverse and reverse there is a green sticker on the top folded over to the back - printing saying Heritage guarantees the coin is genuine and a disclaimer that their grading may be off- a 1988 copyright. I also have the coin in a 3x3 black cardboard thing with a plastic cover over the coin and a black styrofoam liner around outside of the coin. I can open it up and pop out the coin if I want to.

    Is this a slab or a certificate?


    Did Halperin and NCI get into trouble with FTC or somebody for overgraded coins?

    Why are they no longer in the certification/slabbing business?
  • BarryBarry Posts: 10,100 ✭✭✭
    Do you plan on selling your collection in the near future? If not, why re-certify now? Just like NCI is no longer, whose to say whichever slab you go with today will be around and be well-respected 10 years from now?
    5-10 years ago NGC carried a premium over PCGS. Now the opposite is true.
  • DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭


    << <i>The NCI holders add no value to the coins. Have a professional review the coins with you to determine which coins should be resubmitted elsewhere. As for the rest, sounds like a deal for Cameron or eBay!

    BTW, many NCI coins are accurately graded, so don't let anyone tell you that your coins are trash just because they're in obsolete holders. >>




    You bet Andy! Some dealers/collectors will rinkle up their nose and act like the coin is junk. No way! There are plenty of those coins that are accurately graded. I was 3 for 3 crossing their MS-65 Walkers. Find a good honest dealer, or someone at your local coin club, to provide you with some assessment help. Good luck! image
  • Conder101Conder101 Posts: 10,536 ✭
    You have a certificate. It is the 8th and last of the certificate varieties that they used. That one was used from approximitely Feb or March of 1988 through the end of the year at which point they briefly used slabs exclusively. The description of the container the coin is in is interesting because NCI apparently used the slabs along with the last two varieties of certificates so the coin should have been in a sealed slab. Did you have the coin graded your self or did you buy them that way? If you bought them that way I would go over the coin and the photos on the slab closely to make sure it is the same coin and tha it hasn't been switched.

    That was one of the problems with the certificates. Collectors wouldn't examine their coins closely and compare them to the pictures and that allowed some dishonest people to have the same coin certified several times and use the certificates to sell other coins that were lower grade, uncertifiable, or even counterfeit. I can remember going to shows and watching dealers buying and selling stacks of certificates back and forth. No coins, just certificates.



    << <i>Did Halperin and NCI get into trouble with FTC or somebody for overgraded coins? >>


    Several firms were investigated and fined by the FTC back in the late 80's early 90's over grading and marketing problems. I don't remeber if NCI was one of them but PCGS was.



    << <i>Why are they no longer in the certification/slabbing business? >>


    Because at the time NCI was the whipping boy of the industry. They occupied the position that ACG does today. No matter what they did they were not going to be allowed out of last place and it was reflecting badly on their parent company Heritage. So it was allowed to quietly fade away. At which point the industry turned on ACG and made them the whipping boy.

    Are all of your certificate copyrighted 1988?
  • teptep Posts: 3
    thanks for all the info- the coins were graded in 1985, they are on paper certificates with pictures for example 1829 half graded ms63 a standing quarter 1927 ms65/65 $20 st gaudins 1924 ms 64 . I also have many that have not been graded for example a 1909s vdb that I beleive to be ms65 or better. I have not followed the coin market at all since the mid 1980's so I am just trying to learn the best way to evaluate what I have
    tep

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