I got this bad news today....Pretty upset !!!!

gil

I paid decent money for these (63-64) try to stay in my affordable range. they went off to NCS and came back with this.

020 1944 50C MS 62 100.00
021 1941 50C MS 58 100.00
022 1945 50C MS 58 100.00
023 1943 50C MS 58 100.00
024 1942 50C MS 55 100.00


I just want to sell them and start over..........

Artist

I had two MS walkers in my childhood collection: a '39 & a '45 - when I retrieved my collection about five years ago, both were coated with a haze of PVC.

Having been out of the hobby for a long time, I was surprised to learn that there was a company like NCS, so I thought I would send the '39 to them as an experiment - and it came back NGC-67!!!!

Remembering that the '45 looked almost identical when I bought it in the 80s, I decided to send that one in too - and it came back NGC-58.

Sometimes you buy the plastic, sometimes the plastic buys you.

xbob

Sorry to hear about the horrible hit. Over-paying for the grade + grading fees = ouch!

Care to mention the seller of these fine coins or did you bid them up to 63/4 level at auction?

It reminds me of my brief experience with a CW2PS. That's short for "Coin World 2 Page Sellers". Not the most ethical bunch in my opinion.

pharmer

I'm not getting the 100.00 part of each line at the end?

And isn't ncs the conservation deal? Why did they have to be conserved?

And since you got grades, are they ncs grades, or in a ngc slab or what?

Really, I'm curious.

Weiss

And I'm afraid I don't get what an "MS55" is.

Shouldn't that be AU55, or do they always preface the number with the MS?

coinman420

doesn`t the ms designation start at 60???

tjkillian

I always thought that MS meant business strike, as opposed to Proof. There can be MS-01 through MS-70 and PR-01 through PR-70.

Tom

TheRaven

Isn't the stupid companies starting with MS for all non-proof coins.....

Stupid that an AU coins would be MS-50.....

Whatever.....

pharmer

And what's all this fuss about violins on television?

flaminio

<< <i>I just want to sell them and start over.......... >>

Sorry you got own3d. We've all been there. The lesson is, if you want an NGC MS64, buy an NGC MS64. Buying a raw coin and hoping for the best is a roll of the dice.

100proof1957

gil,

i'm assuming you bought these raw @ 100 EA ?

i hope not

ya coulda bought em all slabbed as 5's for 110.00 to 150.00

BTW,in 1990 dey was 350.00 bid !

Proof

kryptonitecomics

I thought MS stood for Mint State as in Uncirculated??? I have started to see MS53 and MS55 on Ebay and I just thought the sellers were mentally challenged

Deadhorse

Walkers are tough. Both PSGS and NGC are very hard on them.

I've submited what I felt were solid 65s and the best I've ever gotten back were 63s.

At least you aren't alone in that regard. I've virtually given up submitting them anymore, even though I've got a couple that a few dealers have said are solid 66s, I'm just not going to submit them for quite a while, if ever. I think I'd rather sell them raw and let somebody else take the chance, or more likely the hit.

richbeat

MS is mint state, used for business strike grades 60 and above. Anyone who uses MS for grades below 60 is going to cause a bunch of confusion, and should be tarred and feathered.

stman

<< <i>I just want to sell them and start over.......... >>



I can certainly understand your thoughts. But why not try and learn a bit from this? If they truly are not mint-state coins, look and try and figure out what you missed. Tilt the coin down, look right down Liberty's left leg, breast, head etc. and also the eagles breast and leg on the reverse. You just might see these areas dis-colored or a dead look. This is wear. Just one way of many to tell, and of course the luster breaks.

Connecticoin

I hope you mean you paid MS-63/64 money, and not $100 per coin.

Even so, you got hosed by the seller who passed off AU coins on you as MS. As others suggested, you might want to stick with slabbed coins until your grading skills improve.

lava

Don't buy raw.

greghansen

Tough deal, but before you dump them out of frustration, I would suggest you study the coins closely and in detail to see why they graded AU. I'd spend 5-10 minutes on each coin. If it was only one coin grading AU58, it might be a grading fluke, but 4 out of 5 like that means you missed something when originally buying them. See if you can discern the differences between the one that graded 62 and the other AU coins. If your going to continue to buy raw coins, I would also permanently keep at least one of them (if not all of them), and carry it (them) around in my pocket at the next show. When your considering a coin at the show, compare it to the AU58 you have in your pocket and see if the prospective coin really is MS or whether it also is AU. You can learn a LOT from these 5 coins if you can get past your frustration over the grading results. Good luck and welcome to the campus of HardKnocks Univ. It's happened to all of us...usually more than once. It's not a shame for it to happen, it's only a shame if you don't learn anything from it. Good luck.

Outhaul

<< <i>And what's all this fuss about violins on television? >>



Good old Emily Litella

And what's all this fuss about endangered feces?

lkenefic

<< <i>

<< <i>And what's all this fuss about violins on television? >>



Good old Emily Litella

And what's all this fuss about endangered feces? >>



...and of course we can't forget about presidential erections...

MAD4MORGANS

Sorry for you.

I buy most of my coins raw off eBay and I have my own two-tier grading scale for those I have...

HIGH GRADES

BU = Butt Ugly
AU = Almost (Butt) Ugly

CIRCULATED

EF = Extra Fine POS
F = Fine POS
VG = Very Good POS
G = Good POS
P = POS

But they were all MS-70 at one time!!

MadMarty

The 100 is the value assigned to the coin for insurance purposes, maybe the USPS will lose this order!

Connecticoin

<< <i>I paid decent money for these (63-64) try to stay in my affordable range. they went off to NCS and came back with this.

020 1944 50C MS 62 100.00
021 1941 50C MS 58 100.00
022 1945 50C MS 58 100.00
023 1943 50C MS 58 100.00
024 1942 50C MS 55 100.00


I just want to sell them and start over.......... >>



How did you do on lines 001 thru 019?

Myqqy

And what's all this fuss about endangered feces?

BlindedByEgo

<< <i>

<< <i>

<< <i>And what's all this fuss about violins on television? >>



Good old Emily Litella

And what's all this fuss about endangered feces? >>



...and of course we can't forget about presidential erections... >>




Save Soviet Jewelry!

pharmer

I had forgotten a couple of those


Looks like gil has forgotten about this thread


Remember that guy, I think it was in Lil Abner, who walked around with the cloud over his head? Name was just a bunch of consonants?

TwoSides2aCoin

Sorry gil.


I guessed from the fact that they went to NCS that these coins had little chance at stardom.
They never got out of the gate, so to speak.


On a brighter note: Them graders at PCGS will never know the difference. Crack 'em out and send em to PCGS... maybe you'll get some MS62s back.

Shamika

<< <i>I just want to sell them and start over... >>


Then you should do that. Hanging on to these will just be a bad reminder.

Remember: you win some, you loose some.

Outhaul

<< <i>Remember that guy, I think it was in Lil Abner, who walked around with the cloud over his head? Name was just a bunch of consonants? >>


Joe Btfsplk

pharmer

Yeah, he had a lot of luck, it was just all bad.

michael

oh my i read this thread title and i got worried i thought someone close to you had died or you got some terrible life threatening disease

or you got hurt in a car accident

hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

gil

No, I didn't forget about this thread I was working today and just got home. I agree I need to study them and improve my grading skills, I bought them from various sellers on ebay last year. No, I didn't pay $100.00 ea. I know I paid less $ 50-75.00 range I believe.
I may try and sell them later or keep them I don't know, This lesson could have been alot more expensive.

Thanks for all the feedback

pharmer

Well, at least you took the advice and are now looking at slabbed Walkers.

pharmer

Hey, I see someone's trying to help you out!

gil

Yeah, maybe something brewing..we will have to see how the negotiatons go. I have another one for 7 or 8 pcgs ms65 41-47. working on details