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NGC Grading/Membership Options

RichRRichR Posts: 3,869 ✭✭✭✭✭

So...I have about a dozen GSA Morgan hard-packs that I'd like to have graded by NGC.

From what I can see, joining at the Associate ($39/yr) level would allow me to submit my coins directly without having to go through a dealer.

Am I missing anything about the grading/membership requirements?

Also...if one of your GSA holders has a thin crack (I dropped it about 10 years ago) right in the center of the case (not along any edge) on the obverse, and there was no loss of plastic, would NGC still grade it? It's a beautiful coin and I kick myself every time I look at it.

Comments

  • I think direct submission also comes with ANA membership, so you may try that route if that's the route your headed.
  • RichRRichR Posts: 3,869 ✭✭✭✭✭


    Hey mheffner2...what kind of dog is that pictured on your icon?

    We have a Korean Jindo/Shepherd mix that's identical...great dog!
  • leothelyonleothelyon Posts: 8,469 ✭✭✭✭✭
    Am I missing anything about the grading/membership requirements?

    Yes.....NGC can't grade coins. I would really study their pops before submitting to see if it will be worthwhile doing so.
    I know for certain the Washington quarters and Jefferson nickels are out of whack. The easiest way to compare PCGS and NGC pops on a coin is to look through the Heritage auctions archive. They post both pops for every coin they auction. I apologize, wish I had better news for ya.


    Leo

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

    My Jefferson Nickel Collection

  • She's a shepard & chow mix and cuddly & overbearing all at the same time.
  • RichRRichR Posts: 3,869 ✭✭✭✭✭
    <<NGC can't grade coins.>>

    Ah...I assume that's primarily just an opinion, correct?

    The primary reason I'm leaning towards NGC in this instance is because PCGS doesn't grade GSA slabs, correct?
  • leothelyonleothelyon Posts: 8,469 ✭✭✭✭✭


    << <i><<NGC can't grade coins.>>

    Ah...I assume that's primarily an opinion, correct?

    The primary reason I'm leaning towards NGC in this instance is because PCGS doesn't grade GSA slabs, correct? >>



    You need a better reason than that before you waste your money.

    When submitting coins to be graded you must have a valid reason before investing you money, if that matters to you. Why do you want a label/an opinion on your GSA slabs? If one of your coins is worth $75 and it cost $35 to have it graded, does it make any sense to have the coin graded if NGC has already graded 1000 coins in a certain grade for that coin. Check ebay and see what those coins sell for with and without a label. But take some time to studied their pops and prices, only then will you know the weight of my opinion.


    Leo

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

    My Jefferson Nickel Collection

  • EdscoinEdscoin Posts: 2,028 ✭✭✭


    << <i>

    << <i><<NGC can't grade coins.>>

    Ah...I assume that's primarily an opinion, correct?

    The primary reason I'm leaning towards NGC in this instance is because PCGS doesn't grade GSA slabs, correct? >>



    You need a better reason than that before you waste your money.

    When submitting coins to be graded you must have a valid reason before investing you money, if that matters to you. Why do you want a label/an opinion on your GSA slabs? If one of your coins is worth $75 and it cost $35 to have it graded, does it make any sense to have the coin graded if NGC has already graded 1000 coins in a certain grade for that coin. Check ebay and see what those coins sell for with and without a label. But take some time to studied their pops and prices, only then will you know the weight of my opinion.


    Leo >>


    Where do you buy GSA Morgans for $75 each?
    ED
    .....................................................
  • coinkatcoinkat Posts: 23,389 ✭✭✭✭✭
    I am not convinced it adds value to have them graded unless you are convinced that they are 65 quality... the benefit of the NGC grade is that the coin stays in the GSA holder.

    Leo:

    NGC is unable to grade coins?

    Lets start looking at the coins instead of the holders...

    Experience the World through Numismatics...it's more than you can imagine.

  • TomBTomB Posts: 21,503 ✭✭✭✭✭
    Morgan dollars are high volume enough that both PCGS and NGC grade fairly closely in most MS grade levels. Therefore, they stand a good chance of grading the same at either service, but PCGS does not certify coins within the GSA holder as NGC does. If you are an ANA member you can submit directly to NGC.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • leothelyonleothelyon Posts: 8,469 ✭✭✭✭✭


    << <i>

    << <i>

    << <i><<NGC can't grade coins.>>

    Ah...I assume that's primarily an opinion, correct?

    The primary reason I'm leaning towards NGC in this instance is because PCGS doesn't grade GSA slabs, correct? >>



    You need a better reason than that before you waste your money.

    When submitting coins to be graded you must have a valid reason before investing you money, if that matters to you. Why do you want a label/an opinion on your GSA slabs? If one of your coins is worth $75 and it cost $35 to have it graded, does it make any sense to have the coin graded if NGC has already graded 1000 coins in a certain grade for that coin. Check ebay and see what those coins sell for with and without a label. But take some time to studied their pops and prices, only then will you know the weight of my opinion.


    Leo >>


    Where do you buy GSA Morgans for $75 each? >>



    1883 o morgan silver dollar brillant uncirulated in gsa sold on ebay July 3 2009 for 56.99! Does that make you happy?

    You missed my point.
    does it make any sense to have the coin graded if NGC has already graded 1000 coins in a certain grade for that coin.


    Leo

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

    My Jefferson Nickel Collection

  • leothelyonleothelyon Posts: 8,469 ✭✭✭✭✭


    << <i>I am not convinced it adds value to have them graded unless you are convinced that they are 65 quality... the benefit of the NGC grade is that the coin stays in the GSA holder.

    Leo:

    NGC is unable to grade coins?

    Lets start looking at the coins instead of the holders... >>



    Absolutely! Good point!


    Leo

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

    My Jefferson Nickel Collection

  • al410al410 Posts: 2,402 ✭✭✭✭
    I don't understand why it bothers some collectors what others like to collect, I don't see where the OP asked for any opinion about whether NGC could grade and wheher it was worth it to get them graded. I collect Morgans but really like alot of different examples and some would not like, but I proabably don't like others collecting habits. We all have our collecting likes and wants and to each his own, helping out with grades and opinions are one thing but saying one grading company can't grade and why do it anyway, totally un called for in my opinion. Almost like trying to make a person feel bad about there collecting?
    AL
  • <<NGC can't grade coins.>>


    Im not the only one that laughed out loud am I? image


  • PerryHallPerryHall Posts: 46,367 ✭✭✭✭✭


    << <i><<NGC can't grade coins.>>

    Im not the only one that laughed out loud am I? image >>



    No. Kool Aid can be quite intoxicating.





    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

  • EdscoinEdscoin Posts: 2,028 ✭✭✭


    << <i>1883 o morgan silver dollar brillant uncirulated in gsa sold on ebay July 3 2009 for 56.99! Does that make you happy? >>



    Yes I'm Very happy now. Thank you Leo.
    ED
    .....................................................


  • << <i>
    Yes.....NGC can't grade coins.
    Leo
    >>



    What a moronic statement.
  • leothelyonleothelyon Posts: 8,469 ✭✭✭✭✭
    Well, here's a thread that everyone loves. My statistics begin on page 5.


    Cheers, Leo

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

    My Jefferson Nickel Collection

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    How many of these coins were crossovered from NGC into PCGS holders that are reflected in your "stats "? PCGS has a monopoly on marketing. However, PCGC does not have a monopoly on nice coins in holders. Heritage achieves are worthless in my opinion given how they operate. NGC can't grade? Almost speechless. PCGS Kool-aid. If you only collect PCGS or NGC coins exclusively, you will NEVER end up with the best possible set for your money. Geez, how about just buying the best coins? Do the coins know what holders they are in? My collection is split somewhat eveningly bewteen the two services and I'm quite comforatble that they are all high end for the grade and would crack out into the same grade or upgrade in BOTH services ......MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    Not to be snarky, but should this not be a question asked at the board ATS?
  • jt88jt88 Posts: 3,075 ✭✭✭✭✭


    << <i>

    << <i>1883 o morgan silver dollar brillant uncirulated in gsa sold on ebay July 3 2009 for 56.99! Does that make you happy? >>



    Yes I'm Very happy now. Thank you Leo. >>



    I don't think that 1883-O is a GSA coin.

    LINK
  • PerryHallPerryHall Posts: 46,367 ✭✭✭✭✭


    << <i>Not to be snarky, but should this not be a question asked at the board ATS? >>



    He may not be a member ATS.

    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

  • BochimanBochiman Posts: 25,447 ✭✭✭✭✭


    << <i>

    << <i>Not to be snarky, but should this not be a question asked at the board ATS? >>



    He may not be a member ATS. >>



    It's free to join there as well, to post to the boards. I know, I haven't paid and I've been a member there, posting, for a few years image. I, too, find it uncool to post NGC submission type questions here. Kind of rude.
    I've said it before, so I am not saying anything new.


    Now, that said, I would agree with what the OP wants since NGC will grade them in the OGH and PCGS won't, regrettably.
    For the GSA bucks, if they are toned nicely or MS65 (for the common CC years, or even lower MS grades for 'better' dates), then go for it if you want them graded there.

    Some folks, that don't look past their own little world (ie....jeffersons image ), just like tossing in their 2bits even when they are fully offbase for the question asked. Makes them sound important or something image
    In this case, OP knows what he wants and is just asking a bit about how-to.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment



  • << <i>I don't think that 1883-O is a GSA coin. >>



    Correct....Not in a GSA holder (maybe GSA means Genuine Silver Article)

    ...............Fuzzy pics

    ...............$11.49 for 1st Class shipping

    ...............Still sold over book for a MS63
  • leothelyonleothelyon Posts: 8,469 ✭✭✭✭✭


    << <i>How many of these coins were crossovered from NGC into PCGS holders that are reflected in your "stats "? PCGS has a monopoly on marketing. However, PCGC does not have a monopoly on nice coins in holders. Heritage achieves are worthless in my opinion given how they operate. NGC can't grade? Almost speechless. PCGS Kool-aid. If you only collect PCGS or NGC coins exclusively, you will NEVER end up with the best possible set for your money. Geez, how about just buying the best coins? Do the coins know what holders they are in? My collection is split somewhat eveningly bewteen the two services and I'm quite comforatble that they are all high end for the grade and would crack out into the same grade or upgrade in BOTH services ......MJ >>



    In 19 years of collecting the JN series you would think that I would have found a few nice coins in NGC holders but I haven't. I've probably have looked at more nickels in the NGC holder than anyone and I got to say, over all those years, I think that I have 3-4 coins that are in the NGC holder. I do have another 5-6 proof coins in the NGC holder.
    The rest of my collection is raw, ANACS and PCGS so I don't thrive to have all my coins in one holder. Recently bought $100 of the 2x2 #144 capital plastic holders. A few coins in the slabs that are scratched up will end up in those holders.

    And for another post, I did show statistics in a series I do not collect, Washington quarters.



    Leo

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

    My Jefferson Nickel Collection

  • RedTigerRedTiger Posts: 5,608


    << <i>

    << <i>How many of these coins were crossovered from NGC into PCGS holders that are reflected in your "stats "? PCGS has a monopoly on marketing. However, PCGC does not have a monopoly on nice coins in holders. Heritage achieves are worthless in my opinion given how they operate. NGC can't grade? Almost speechless. PCGS Kool-aid. If you only collect PCGS or NGC coins exclusively, you will NEVER end up with the best possible set for your money. Geez, how about just buying the best coins? Do the coins know what holders they are in? My collection is split somewhat eveningly bewteen the two services and I'm quite comforatble that they are all high end for the grade and would crack out into the same grade or upgrade in BOTH services ......MJ >>



    In 19 years of collecting the JN series you would think that I would have found a few nice coins in NGC holders but I haven't. I've probably have looked at more nickels in the NGC holder than anyone and I got to say, over all those years, I think that I have 3-4 coins that are in the NGC holder. I do have another 5-6 proof coins in the NGC holder.
    The rest of my collection is raw, ANACS and PCGS so I don't thrive to have all my coins in one holder. Recently bought $100 of the 2x2 #144 capital plastic holders. A few coins in the slabs that are scratched up will end up in those holders.

    And for another post, I did show statistics in a series I do not collect, Washington quarters.



    Leo >>



    I'm not understanding this post or the participation in this thread. NGC might be a half a point or a point looser, but most times auction prices reflect that reality. Perhaps if a person is only buying from dealers that don't price in line with the market, I can see the perspective. To say that there are no "nice coins" in NGC holders is incredible. They might not be nice for the grade, but there have to be nice coins, because as you say, NGC has the most market share.

    To say that NGC can't grade, again makes little sense. They grade fine to their standards. Again, it might be half a point to a full point looser on Jeffersons or some other series, but again, prices in the open market usually reflect this reality, especially for top pops. To bring this stuff into a thread about submitting GSA Morgans is trolling, and out of place. For GSA Morgans, PCGS isn't an option, neither is ANACS and that isn't likely to change.

  • RichRRichR Posts: 3,869 ✭✭✭✭✭
    Thanks for everyone's opinion. The only real reason I ask is because when I originally got into collecting Morgan GSA's (and most of my collection for that matter) about 20 years ago, the TPGs were only in their infancy. Therefore, I own practically no slabbed coins.

    However, I do own all of the following (for an average cost basis of $200 per coin): 1880 CC, 1881 CC, 1885 CC and 1890 CC. Therefore, I wanted an impartial third party to look at them and assign them a grade (personally, I think they're in the 62 to 63 range). Nothing more mysterious than that. And since NGC grades within the original GSA holders, that was the way I was going to go.

    I'll probably send them one of my lower value GSAs first as a test...until I'm comfortable with the overall submission process.
  • leothelyonleothelyon Posts: 8,469 ✭✭✭✭✭


    << <i>I don't understand why it bothers some collectors what others like to collect, I don't see where the OP asked for any opinion about whether NGC could grade and wheher it was worth it to get them graded. I collect Morgans but really like alot of different examples and some would not like, but I proabably don't like others collecting habits. We all have our collecting likes and wants and to each his own, helping out with grades and opinions are one thing but saying one grading company can't grade and why do it anyway, totally un called for in my opinion. Almost like trying to make a person feel bad about there collecting?
    AL >>



    Welcome to the real world. What's wrong with sharing your experiences with others? The truth is, it happens everyday. Whether it be cars, stocks or a pair of nike shoes, we always convey to others the good or bad in everything every day. We evaluate, measure, weigh every detail possible to make certain we don't screw up. If I became aware that you were about to buy a 1995 Ford Taurus I would advise you not to because I know that Ford had a recall on 2.7 million of them that the subframe will rust out and drop out of the car, rendering it undriveable.
    But I don't understand why anyone can't see the red flags with the statistics I posted in the other thread. What sense is there, other than holdering a coin with a white background, with submitting coins to a company who hands out 15 times the number of ms67 grades than another company?
    Some of you must really be buried in overgraded, overpriced NGC material to take offense to some very obvious lopsided pops. And you're posting here instead of there?
    And to answer one of the OP questions, everyone missed, it depends on how severe the crack appears on the holder but I really don't know what they'll do.
    And RichR, you can do whatever like. I gave my opinion related to your quest. I wish the best results for you. Let us know how they turn out.

    Regards, Leo

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

    My Jefferson Nickel Collection

  • IwantNonCCsIwantNonCCs Posts: 369 ✭✭
    You can send in through ebay without joining up for anything.


    link to info
  • pennyanniepennyannie Posts: 3,929 ✭✭✭
    I would call NGC and just ask them about the crack on the GSA is see if it will be gradeable. I would not worry to much about Leothelyon, after all he collects jeffersons.image
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • RichRRichR Posts: 3,869 ✭✭✭✭✭

    <<You can send in through ebay without joining up for anything.>>

    Hey...that link is VERY useful! You learn something new every day!
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>

    << <i>I don't understand why it bothers some collectors what others like to collect, I don't see where the OP asked for any opinion about whether NGC could grade and wheher it was worth it to get them graded. I collect Morgans but really like alot of different examples and some would not like, but I proabably don't like others collecting habits. We all have our collecting likes and wants and to each his own, helping out with grades and opinions are one thing but saying one grading company can't grade and why do it anyway, totally un called for in my opinion. Almost like trying to make a person feel bad about there collecting?
    AL >>



    Welcome to the real world. What's wrong with sharing your experiences with others? The truth is, it happens everyday. Whether it be cars, stocks or a pair of nike shoes, we always convey to others the good or bad in everything every day. We evaluate, measure, weigh every detail possible to make certain we don't screw up. If I became aware that you were about to buy a 1995 Ford Taurus I would advise you not to because I know that Ford had a recall on 2.7 million of them that the subframe will rust out and drop out of the car, rendering it undriveable.
    But I don't understand why anyone can't see the red flags with the statistics I posted in the other thread. What sense is there, other than holdering a coin with a white background, with submitting coins to a company who hands out 15 times the number of ms67 grades than another company?
    Some of you must really be buried in overgraded, overpriced NGC material to take offense to some very obvious lopsided pops. And you're posting here instead of there?
    And to answer one of the OP questions, everyone missed, it depends on how severe the crack appears on the holder but I really don't know what they'll do.
    And RichR, you can do whatever like. I gave my opinion related to your quest. I wish the best results for you. Let us know how they turn out.

    Regards, Leo >>



    Nice thread hijack.
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭


    << <i>NGC Grading/Membership Options >>

    What reaction would you get if you posted the same question about PCGS on the NGC message board?image Why don't you post your question on the NGC message board?
  • RichRRichR Posts: 3,869 ✭✭✭✭✭
    <<What reaction would you get if you posted the same question about PCGS on the NGC message board? Why don't you post your question on the NGC message board? >>

    Ok...I held my tongue until now...and I tried to stay on topic...but...

    This whole thread would be academic if PCGS offered to grade GSA Morgans within their original government holders. Also, using the logic of some who responded to this thread, I will now ask: Why are NGC slabbed items (because they're so obviously inferior, right?) available for sale via sites linked to this site? This is evidence of the unfortunatle results when a hobby begins to have an insestuous relationship with Corporate America that overrides the main goal of said hobby...and the results are never good.

    When PCGS or NGC eventually manages to totally monopolize the TPG market, what then...what will the survivor do to drive future sales revenue?

    I know, they'll recalibrate the grading scale a few more times; change the security features of the slabs...a few more times...a then offer to re-slab for a small fee; and oh yeah, declare that newly minted products are early releases or first issues, or whatever the h*ll else, although there is no physical or documented evidence that this is actually the case...oh wait...they're already doing that...so scratch that last one!

    So for those who responded with helpful info...thank you very much. For everyone else...what can you say?
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>I think direct submission also comes with ANA membership, so you may try that route if that's the route your headed. >>




    .......i think you're right. what better time than now for Julian's link?

    link
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • FREE! 6-MONTHS! But I paid... image I don't know Julian, but he's always smiling in those ads! And a native MDer to boot!
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    ........rebate?image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • leothelyonleothelyon Posts: 8,469 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>I don't understand why it bothers some collectors what others like to collect, I don't see where the OP asked for any opinion about whether NGC could grade and wheher it was worth it to get them graded. I collect Morgans but really like alot of different examples and some would not like, but I proabably don't like others collecting habits. We all have our collecting likes and wants and to each his own, helping out with grades and opinions are one thing but saying one grading company can't grade and why do it anyway, totally un called for in my opinion. Almost like trying to make a person feel bad about there collecting?
    AL >>



    Welcome to the real world. What's wrong with sharing your experiences with others? The truth is, it happens everyday. Whether it be cars, stocks or a pair of nike shoes, we always convey to others the good or bad in everything every day. We evaluate, measure, weigh every detail possible to make certain we don't screw up. If I became aware that you were about to buy a 1995 Ford Taurus I would advise you not to because I know that Ford had a recall on 2.7 million of them that the subframe will rust out and drop out of the car, rendering it undriveable.
    But I don't understand why anyone can't see the red flags with the statistics I posted in the other thread. What sense is there, other than holdering a coin with a white background, with submitting coins to a company who hands out 15 times the number of ms67 grades than another company?
    Some of you must really be buried in overgraded, overpriced NGC material to take offense to some very obvious lopsided pops. And you're posting here instead of there?
    And to answer one of the OP questions, everyone missed, it depends on how severe the crack appears on the holder but I really don't know what they'll do.
    And RichR, you can do whatever like. I gave my opinion related to your quest. I wish the best results for you. Let us know how they turn out.

    Regards, Leo >>



    Nice thread hijack. >>



    image

    Here's an interesting thought. Perhaps RichR would be better off seeking a well known numismatist's opinion in Morgon dollars instead of paying for a company's opinion. What numismatist's opinion would be worth as much or more than what PCGS or NGC had to say about a coin? Similar to what Rick Snow has done for Indian Head cents.
    Better yet! Let's just bypass a company's grading opinion and go straight to John Albanese. Heck, whoever is willing to offer their opinion, they wouldn't need to give it a grade, just their professional opinion on the coin's strike, grade/condition, luster and if there's some toning, they can mention that as well. Then when anyone sees the descriptive notes on the coin and knows who gave them, then collectors could draw their own conclusions on whether that coin would be of interest to them, sight-unseen, somewhere down the line.
    Of course, very few people can do that, if anyone does it at all. But with a grading company's opinion, you a least get what you paid for, a grade that leaves much to the imagination because rarely does anyone give the reasons to why a coin was graded the way it was graded. image


    Leo

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

    My Jefferson Nickel Collection

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