Did NGC overgrade most of the Reiver coins ?
seateddime
Posts: 6,179 ✭✭✭
I won about 15 coins from Heritage and think that 12 were overgraded. A lot a MS61-63 large cents with rubs. If I submitted them they would come back in bodybags but most of these seem to be more like AU's
I seldom check PM's but do check emails often jason@seated.org
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
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Comments
<< <i>Seems like NGC overgrades most everything. Just my opinion. >>
I agree, I don't know how they grade copper but in my half eagles most that I have seen was over graded.
<< <i>Seems like NGC overgrades most everything. Just my opinion. >>
PCGS, ANACS, & NGC Certified Coins on My Website.
<< <i>Seems like NGC overgrades most everything. Just my opinion. >>
<< <i>I feel NGC is grading very conservatively on submissions these days. However, the Reiver coins were the loosest graded group of coins I have ever seen in my life. I don't know what kind of stuff was being pumped through the ventilation system at NGC that day(s), but I'd sure like to get me some. >>
This may be why sellers can not get back what they paid for them on Ebay.
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
<< <i>I feel NGC is grading very conservatively on submissions these days. However, the Reiver coins were the loosest graded group of coins I have ever seen in my life. I don't know what kind of stuff was being pumped through the ventilation system at NGC that day(s), but I'd sure like to get me some. >>
It's got less to do with the stuff being pumped into the room and more to do with who did the submitting and the size of the order.
This lovely 1829 N-1, ex-Rasmussen, is currently in a PCGS MS63 holder but was slabbed the same grade by NGC last year. The coin grades EAC 55.
<< <i>It's got less to do with the stuff being pumped into the room and more to do with who did the submitting and the size of the order. >>
The fact that Heritage has an ownership interest in NGC didn't hurt, either.
<< <i>Yes, answer to the original question. >>
I concur
I believe the NGC graders were generally more generous in encapsulating, and in grading, the Reiver Busties than they usually are for the Bust series.
In answer to the thread question, of course NGC overgraded most of the Reiver coins. This time they overgraded a little more than usual.
koynekwest - I submit both to PCGS and to NGC and it has been my experience that both TPG's grade pretty close to each other. I would say however that NGC does, in my opinion, tend to give a wink and a nod to certain large and/or noteworthy submissions, but their serial numbering system makes it fairly obvious when you're holding a bulk submission coin, even if it's the first in the batch (just punch in a larger number into the cert verification and see if it exists).
I won two bust halves, one Over graded and did not cross and (1)
accurately graded as AU-58 that crossed with no problem.
Camelot
Which Reiver CBH crossed successfully?