NTC graded quarter

adamgold

Can someone shade some light on why this quarter has no bids?
The PCGS price guide has it at $7000.
1932-D WASHINGTON QUARTER


I know that the NTC grading company is one of the worst, but this coins pictures look darn good to me.
And I would think this coin would be at least an MS60 with PCGS.

Thanks for the help...


Adam

braddick

Collectors in the know may be a bit frightened this one has an AU58'ish appeal working for (or, against) it.

K6AZ

I sure like it when sellers of bottom tier slabs post good pictures like that.

First problem is that coin appears to me to be AU. Second problem is the area of the mintmark looks suspicious.

wingedliberty

Its a nice raw coin in a cheap capital holder with a meaningless insert. NTC has the same amount of credibility as ACG, and in many cases they are worse than ACG.
NTC has zero credibility in the numismatic community, and especially on key date authenticity., or lack thereof. The auction should be treated as a raw coin.

goldrush00013

<< <i>I sure like it when sellers of bottom tier slabs post good pictures like that.

First problem is that coin appears to me to be AU. Second problem is the area of the mintmark looks suspicious. >>

adamgold

Thanks to all for clarifying this for me.
Does someone have a recommendation for a good book on washington quarters.

wingedliberty

Fiegelbaum and Wiles have both written books on the series. Call the ANA agt 1-800-367-9723 and ask for their money market book catalog. Both authors are great, one is more series focused and the other is more series/varitey focused. A diehard Washington collector will need both. Happy Collecting.

Bear

The mint mark looks suspicious. Almost as if it is sitting in a hole. Its glued on I betcha.

A coin as valuable as a 32-D would always be sent to one of the top tiered companies.

The fact that is wasnt, is a giant red flag that the owner knows or suspects something is amis.

If you want to be up to a quarter for it , you cant be hurt.

Barry

Agree with Bear. That depression around the MM doesn't give me confidence.

Another thing that doesn't give me confidence is the fact that both the seller and the "grading service" (I use the term loosely) are in Boca Raton, FL.

ursabear

Hello adamgold!!! Thanks for asking these questions. I'll let the previous posts' comments on NTC stand on their own merit.

I've never seen a Washington (whether or not it is a 32D) with that kind of interesting dimple around a Denver mint mark. I wouldn't trust the coin.

XpipedreamR

I see definite wear along the hairline and ear, and the rest of his hair. The eagles breast looks worn too. AU all the way.


And the "D"...that looks funny, too.






<< <i>If coins are certified by a 3rd party grading service, their standards apply. >>






<< <i>This is an Auction, NOT an approval sale. If you have ANY questions at all, PLEASE ASK before bidding! >>











Strange coin and harsh terms for a seller with good feedback and:



<< <i>Member: American Numismatic Association (27 yrs.), Florida United Numismatists (26 yrs.), Central States Numismatic Society (26 yrs.), Numismatic Literary Guild (9 yrs.).

Authorized NGC and PCGS Dealer. >>




He seems to looooooooooooooooooooooooooooove NTC coins, based on his past sales.

MFH

The mint mark looks like it was done post mint. The corresponding area on the obverse looks a bit bowed as well. The coin is nowhere near MS 64, its an AU 58, tops. It looks a lot of wear and tear to add that D mint mark.

I have only purchased one NTC coin, at a Clearwater, Florida show a year ago. It was a 1926-S Standing Liberty Quarter which was graded MS 64. I bought the coin because it had a 95% FH, and it was priced as the AU 58 coin it was. At least the dealer who sold me the coin knew what the coin was, and priced the coin correctly. It resides in my raw Dansco album now.

ziggy29

Yup, I agree with the others. Too much chance of getting an AU here. I might go out on a limb and bid AU-55 money for it, tops -- but that's it, assuming I were convinced of its authenticity (which I'm not). I'm just not confident that a respected slabber puts this in a mint state holder.

For key dates like this one -- which should be authenticated -- it's gotta be in PCGS, NGC or ANACS plastic. Otherwise, as others have said, for the purposes of authenticity, I treat it as if it were raw.

jdimmick

Actually,

The depression at the D mintmark is a pretty much a sign that the coin is indeed genuine. Several 32-d and s quarters have this.

As far as the grade, I see definite wear on the high points. A coin that has a clean surfaces, with minimal contact marks but an AU-55 maybe 58 at best.

jim

MFH

Thanks Jim, for pointing out the die marker characteristics for me as I do not own this coin. Think I'll visit Heritage's web site and check out the 32-D they have up for auction to familiarize myself with the mint mark punch on the 32-D.

Conder101

i believe it could be an AU, the mintmark sitting in a depression gives me cnfidence that it is probably real. The mintmark on the 32 D and S typically sits in a deprssion. In fact the general "rule" on the 32 D and S is that if the mintmark looks bad it's good, and if it looks good it's bad.

Bikingnut

Looks AU to me.

adamgold

<< <i>Actually,

The depression at the D mintmark is a pretty much a sign that the coin is indeed genuine. Several 32-d and s quarters have this.

As far as the grade, I see definite wear on the high points. A coin that has a clean surfaces, with minimal contact marks but an AU-55 maybe 58 at best.

jim >>




Thank you all for the help. Maybe someone could tell me what the "high points" are on the washington quarter.(what parts wear first)
And other things that would make a quarter go from MS to an AU. I appreciate all this help.

Adam

nankraut

Well, this time, I didn't cheat and see what everybody else said before I responded...so here goes: A nice looking key coin, probably AU55 or so, but I don't like the looks of the mint mark at all. NTC Ngrading doesn't allay my fears either.:frown

Boom

Which one of you want to post a picture up here. I'll hide the top of the slab and get everyone's opinions and after all is said and done I'll reveal the entire slab!

Boom

This 32-D in question grades anyhere from 58-62.

GAT

Don't look now but someone was foolish enough to place a $999 opening bid on this coin.

wingedliberty

I just looked at it again. No doubt in my mind that this is an AU58 coin. None whatsover!!!
This is a $400 coin. The buyer just got a royal screwing, thanks to the seller and NTC.

adamgold

does this coin look like an MS65?
HERE

Or did the guy just make the coin look good with the photo?

rainbowroosie

I'm with the AU58 crowd -- super slider.

GAT

Unbelievably this piece of junk closed at $1,225.01!

adamgold

Can someone please elaborate on why this coin would not grade MS by PCGS or NGC as most of you have stated.
Where on the coin does it have wear/scratches etc. that would not make the mint state (other than the possible mintmark problem)

I would realy like to know, as I am new to collecting.

wingedliberty

right above the ear, on the hair, there is substantial rub and wear. They coin is AU by both ANA and PCGS grading standards.

wingedliberty

The coin is without a doubt an AU. Observe the heavy rub above the ear and at all of the high points on Washington's hair. Both ANA and PCGS standards would easily grade this AU. The photo is more than sufficient to make that judgement. It is as clear as is the summer sun.

JadeRareCoin

It's a very attractive AU-55 coin. Sure is not worth $1200, however. There would be a lot more buyers on eBay if they were not chased away from our hobby by trashy sellers like the subject of this thread. When the seller finds out that his "steal of the century" is only worth $350, he will probably start collecting sea shells or Beanie Babies. NTC is pathetic.

The good news is that the coin is genuine, imo.

wingedliberty

The thing that really bothers me is that alot of sellers place their NTC garbage in NGC searches on Ebay.
Whenever I do my NGC searches on Ebay, alot of NTC garbage also comes up, and I think newbies get confused and think its NGC. I know that these turd sellers are doing something to have their NTC crap come up in NGC searches. Its pathetic.

dorkkarl

<< <i>First problem is that coin appears to me to be AU. Second problem is the area of the mintmark looks suspicious. >>

i'd grade it ms-61, but the mintmark looks perfectly genuine to me.

K S

dorkkarl

just read other posts more closely, there seems to be some ridiculous paranoia about the "depression" that the mintmark is in. dudes, that's diagnostIC of a genuine 32-d.

has plastic blindness completely addled your brains???

K S