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How good is NNC grading compared to PCGS & NGC?

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 image.

Swest

Comments

  • They pretty much suck but at least you might have a gold coin. image
  • BarndogBarndog Posts: 20,503 ✭✭✭✭✭
    are you serious? Do a search on NNC and you can read some choice comments.
  • Uggg...

    That is why I shouldn't do late night bidding!

    That bad eh? Will do search now.....

    Swest
  • DennisHDennisH Posts: 13,996 ✭✭✭✭✭
    IF you can get it to cross at all, you'll be doing well if it only grades two steps lower... i.e. MS64 becomes MS62, AU58 becomes AU53, etc.

    There's an old saying that goes, "No grading company can get them all wrong"... but some have a better chance than others.
    When in doubt, don't.
  • PerryHallPerryHall Posts: 46,390 ✭✭✭✭✭
    If they aren't in a PCGS, NGC, ANACS, or ICG slab, treat them as raw 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 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
  • Stick with the majors or consider the coins as raw, damaged or counterfeit.
  • 123cents123cents Posts: 7,178 ✭✭✭


    << <i>If they aren't in a PCGS, NGC, ANACS, or ICG slab, treat them as raw coins. >>



    image
    image
  • BarndogBarndog Posts: 20,503 ✭✭✭✭✭
    I hope it is at least real
  • BarryBarry Posts: 10,100 ✭✭✭
    You're screwed!
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Most likely you're going to be disappointed. Having said that, a stopped clock is right twice a day and on occasion, some of these third-worlders actually come close to getting it right. Don't count on that good fortune and expect disappointment, but miracles happen on occasion (such as getting it slabbed as 62 or 63).
  • RYKRYK Posts: 35,798 ✭✭✭✭✭


    << <i>I hope it is at least real >>



    That was my first thought, too.
  • PreussenPreussen Posts: 2,307 ✭✭✭
    Personally, I would avoid NNC graded coins. -Preussen
    "Illegitimis non carborundum" -General Joseph Stilwell. See my auctions


  • << <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. image >>




    Sounds like a Centles auction.
  • 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...
  • Here's what I have found:

    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...
  • DoogyDoogy Posts: 4,508


    << <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
  • RichieURichRichieURich Posts: 8,503 ✭✭✭✭✭


    << <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. image

    Please post when the coin has returned from slabbing.

    An authorized PCGS dealer, and a contributor to the Red Book.

  • leothelyonleothelyon Posts: 8,473 ✭✭✭✭✭
    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

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • pb2ypb2y Posts: 1,461
    NNC ranks near the bottom but no grading service has a perfect record. About a year ago PCGS certified about 100
    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.
    image

  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    For all of the lawyers out there.

    "I really love them".
    coinimaging.com/my photography articles Check out the new macro lens testing section


  • << <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.
  • Is there a return policy? If you are not happy return the product.
    Retired U.S. Army Paratrooper 1977- 1992 Served Proudly. 100% DAV
    All The Way - And Then Some
    I collect Modern Commemoratives
    and anything Franklin.
    image
  • relicsncoinsrelicsncoins Posts: 8,058 ✭✭✭✭✭


    << <i>Is there a return policy? If you are not happy return the product. >>



    That's my thought as well.

    JJ
    Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
  • Rather buy from the HSN"s TPG prostitutesimage







    edit for spe;l;ing image
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    Oy.
  • droopyddroopyd Posts: 5,381 ✭✭✭
    I've never bought an NNC coin, but they all seem to be harshly cleaned. The brighter that are, the higher the grade.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
  • leothelyonleothelyon Posts: 8,473 ✭✭✭✭✭


    << <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

  • MyqqyMyqqy Posts: 9,777
    Can we have linkage to your mistake, er, purchase? image
    My style is impetuous, my defense is impregnable !
  • It would seem that no matter how many posts condemning this third world garbage there are still an ever increasing number of people who refuse to acknowledge the warnings.
    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
    dalias13@hotmail.com
  • drwstr123drwstr123 Posts: 7,040 ✭✭✭✭✭
    Has NNC ever BB'd a coin? Since they don't Net Grade, there must be some that were refused to slab???
  • jgrinzjgrinz Posts: 985 ✭✭✭
    If it is Centsles - which most of this NNC stuff is - He does have a return policy of 5 days
    image
  • I have heard/read all sorts of rumors about the dreaded NNC (even on these very boards). Among my personal favs: 1. "Mr NNC" actually won a recent PCGS grading contest; 2. NNC is owned & operated by a well-known, high-volume eBay seller; 3. A highly graded NNC coin, when taken out of its slab, turned out to be the sides of 2 different coins, cleverly glued together!

    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!

    image

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