How good is NNC grading compared to PCGS & NGC?
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I bought a sharp looking $2.5 Indian that was graded by National Numismatic Certification. How good is their grading in terms of your experience in crossing to a PCGS holder?
I gather I could just send it to cross at a minimum grade and they can evaluate it through the current slab right? I haven't done that before so I am kinda curious.
Thanks for any answers on this one. I hope I didn't shoot myself in the foot
.
Swest
I gather I could just send it to cross at a minimum grade and they can evaluate it through the current slab right? I haven't done that before so I am kinda curious.
Thanks for any answers on this one. I hope I didn't shoot myself in the foot
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Swest
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That is why I shouldn't do late night bidding!
That bad eh? Will do search now.....
Swest
There's an old saying that goes, "No grading company can get them all wrong"... but some have a better chance than others.
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 had just sold a coin and wanted to buy an 1927 Indian $2 1/2. Saw the price and pulled the trigger to quick. Sigh. I lose half the money if it crosses at MS61 or lower. I can send it with a minimal grade cross of MS62 or higher right?
Swest
<< <i>If they aren't in a PCGS, NGC, ANACS, or ICG slab, treat them as raw coins. >>
<< <i>I hope it is at least real >>
That was my first thought, too.
<< <i>I hope it is at least real >>
That is why I posted this...
<< <i>They pretty much suck but at least you might have a gold coin.
Sounds like a Centles auction.
50% get BB, usually for altered surfaces
Their grade to PCGS grade based on actual crosses I have done.
67 to 64
66 to 62
65 to 62
64 to 58
anything lower... good luck...
<< <i>I wish I could say I was drunk or something. But I was just tired and pulled the trigger. I paid MS62 money for a MS64 NNC labeled coin. Obviously, I do very well if it passed at MS64 but my guess is I will be LUCKY to get MS62 from PCGS or to cross at all.
I had just sold a coin and wanted to buy an 1927 Indian $2 1/2. Saw the price and pulled the trigger to quick. Sigh. I lose half the money if it crosses at MS61 or lower. I can send it with a minimal grade cross of MS62 or higher right?
Swest >>
If i had to bet, you have an equal chance of getting it bodybagged for cleaning, as you would having it cross at ANY grade with PCGS or NGC. NNC is terrible
<< <i>NNC, an ebay seller owned grading service, just like CSI, SGS, QVC/Quasar, HCGS/Hallmark (not to be confused with Q.D.B.), SNGA, etc., etc... >>
Tyler1924S has made a very important point. The ebay seller owns the grading service and is putting his own grade on the coins, hoping that enough people will believe that because the coin is in a slab that the coin's grade is legitimate. It's even worse than someone marking an AU coin "MS-66" on a 2x2 holder, because the slab gives an impression that someone independent has certified the grade.
Please post when the coin has returned from slabbing.
An authorized PCGS dealer, and a contributor to the Red Book.
For a better question; How good does NGC and NNC grading compared to PCGS?
And the simple answer is, "not good"! I imagine PCGS will give the same treatment they do to all plastic slabs. They'll look at the coin as best as they can whether it's cracked out or not. But not only does the coin have a slim chance at crossing over (who is NNC?), they may have a problem telling you if your coin is real gold if it's left in the holder.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
micro O Morgans (1896 s, 1900 s and 1902 s) and later found them to be counterfeit. The offer is still out to repay
owners the market value of the coins but so far none have been returned -- why should they ?
These coins will float around from collector to collector for many years and continue to gain in price.
If these coins can fool the grading wizards at PCGS then anyone can be hoodwinked.
"I really love them".
<< <i>How good is NNC grading compared to PCGS & NGC?
For a better question; How good does NGC and NNC grading compared to PCGS?
And the simple answer is, "not good"! I imagine PCGS will give the same treatment they do to all plastic slabs. They'll look at the coin as best as they can whether it's cracked out or not. But not only does the coin have a slim chance at crossing over (who is NNC?), they may have a problem telling you if your coin is real gold if it's left in the holder.
Leo >>
Mmmmmmm, I just crossed three Gem 65 coins from NGC to PCGS. All three went 65 two MS and one PR.
All The Way - And Then Some
I collect Modern Commemoratives
and anything Franklin.
<< <i>Is there a return policy? If you are not happy return the product. >>
That's my thought as well.
JJ
edit for spe;l;ing
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>
<< <i>How good is NNC grading compared to PCGS & NGC?
For a better question; How good does NGC and NNC grading compared to PCGS?
And the simple answer is, "not good"! I imagine PCGS will give the same treatment they do to all plastic slabs. They'll look at the coin as best as they can whether it's cracked out or not. But not only does the coin have a slim chance at crossing over (who is NNC?), they may have a problem telling you if your coin is real gold if it's left in the holder.
Leo >>
Mmmmmmm, I just crossed three Gem 65 coins from NGC to PCGS. All three went 65 two MS and one PR. >>
And you, my friend, have a very good eye for selecting high quality coins!
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
It's not a question of will you lose money on this foolishness but rather how much.
It's pretty obvious by now that buyers with more money than good sense cannot resist these alluring, shiny, photoshopped images that these charlatans produce and sell by the thousands to the people who still will not listen.
There are none so blind as those that will not see.
I personally took a shot at some of these a few years ago thinking I might score by bidding three grades lower.
I now have some really nice rim filed, cleaned, tooled, shiny raw gold coins. If gold goes to $1000 an ounce maybe I can sell them for melt. Or start my own slabbing service (NOT).
Lets try one more time: STAY AWAY FROM THIRD WORLD SLABS!! YOU CAN'T WIN.
I'm truly sorry for your loss. Dave W
The priceless ingredient in any coin transaction is the integrity of the dealer.
David J Weygant Rare Coins website: www.djwcoin.com
All I know is that if your NNC slabbed coin is actually genuine - the coin, not the grade - you've done about as well as you can. But, if there's anyone out there who knows the dark secrets of NNC & is willing to share, I would love to hear all the nasty details!