NGC's Star Designation on The Battle Creek Morgan's...
DenverDave
Posts: 2,164
Do you think NGC degraded the value of the Star by putting it on all the Battle Creek Morgan's...?
All beautiful coins but I have seen several that did not deserve a Star...
What's your opinion...?
0
Comments
Doug
The grading (or over-grading) is a different matter - remember, though, the NGC star supposedly signifies extra eye-appeal, not special quality for the assigned grade.
I suppose in some ways the * designation is silly because eye appeal is subjective. I know I'm really just collecting the plastic at that point, but I know I always look for the * Morgans first when I'm looking at Teletrade or eBay
Mark....if you look at a lot of the 2 coin lots that have sold over the past year you will see coins with mediocre toning, but all exhibit the star. The big dollars monsters are certainly all deserving of the designation.....but the lower dollar lots that don't have blazing color or full rainbows should not be so designated.
<< <i>Dave and Doug, are you saying that you don't feel those coins have extra eye-appeal? Most of the ones I've seen sure do.
The grading (or over-grading) is a different matter - remember, though, the NGC star supposedly signifies extra eye-appeal, not special quality for the assigned grade. >>
This coin is an example. While attractive, it is not worthy of the designation.
And I think it is shilled to boot. Just my own opinion.
Nice, but no cigar
I have always felt that the star designation has been awarded inconsistently, though usually, not badly so. Part of the cause, as has already been mentioned, is that eye-appeal is at least somewhat subjective. The other part, is probably much like that seen with grading/over-grading - sometimes graders get carried away, for one reason or another.
<< <i>
<< <i>Dave and Doug, are you saying that you don't feel those coins have extra eye-appeal? Most of the ones I've seen sure do. The grading (or over-grading) is a different matter - remember, though, the NGC star supposedly signifies extra eye-appeal, not special quality for the assigned grade. >>
This coin is an example. While attractive, it is not worthy of the designation. And I think it is shilled to boot. Just my own opinion. Nice, but no cigar >>
kimber.45 used to sell under this eBay handle
Not really sure what happened to him but he was accused of shilling, twice with mbcoins.
peacockcoins
<< <i>I agree. They must have had some kind of agreement with the owner(s). Political. Too bad.
Doug >>
Its my understanding that the person who put this collection together only bought star designated coins.
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
<< <i>Its my understanding that the person who put this collection together only bought star designated coins. >>
The coins were all raw and still in Mint Bags when purchased by the owner.
<< <i>
<< <i>Its my understanding that the person who put this collection together only bought star designated coins. >>
The coins were all raw and still in Mint Bags when purchased by the owner. >>
Sorry. Must have confused this collection with another where all the coins had a star designation.
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
Yes. 1400 of the nicest coins received the designation and the pedigree, the others received neither. From what I have seen looking through all 4 auctions at almost every coin was that only about half of them deserved the designation. Like Shane said, look at the 2 coin lots............most of these are not exceptional.
Sad to say it, but not surprised with ngc on this one. They have sold their souls before (re HSN).
<< <i>Dave and Doug, are you saying that you don't feel those coins have extra eye-appeal? Most of the ones I've seen sure do.
The grading (or over-grading) is a different matter - remember, though, the NGC star supposedly signifies extra eye-appeal, not special quality for the assigned grade. >>
TorinoCobra71
pass on anything battle creek
pass on anything star and ms toned morgan proofs are another story all together
pass pass pass
there was a little tiff (sh*t fit) between some members on the tccs boards on the battle creek morgans a month or so ago and a member(s) took a needed break from these forums as a result
<< <i>
<< <i>Dave and Doug, are you saying that you don't feel those coins have extra eye-appeal? Most of the ones I've seen sure do.
The grading (or over-grading) is a different matter - remember, though, the NGC star supposedly signifies extra eye-appeal, not special quality for the assigned grade. >>
This coin is an example. While attractive, it is not worthy of the designation.
And I think it is shilled to boot. Just my own opinion.
Nice, but no cigar >>
I think this coin is worthy of a star
The Collection Issue's have served them well in the past and all bring Premiums even without a star...
I think all of them should be labeled "Battle Creek Collection" but only the exceptional coins get the Star...
As has been suggested, it's probably the cost to get this major collection in NGC plastic...
No Doubt NGC is more aggressive in the Marketing end of things, we'll see how it works out for them...
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Take Care, Dave