a weird ngc slab

lasvegasteddy

its off ebay...weird how it just says "good" or is this a norm?

LanceNewmanOCC

.
that is funny and unusual

thanks for sharing
.

lasvegasteddy

not mine...but it is a "good" buy
linked incase someone wants it on ebay

commoncents05

I've seen these a lot recently, mostly in the Indian Cents and Buffalo Nickels in "Good" and "Fine" Not sure when or why they do it.

-Paul

GoldenEyeNumismatics

These were probably produced for and sold through a telemarketer or HSN/QVC type show. Simplifying the grade would make it easier for non-numismatic folks to check the values of their coins in basic price guides.

blu62vette

<< <i>These were probably produced for and sold through a telemarketer or HSN/QVC type show. Simplifying the grade would make it easier for non-numismatic folks to check the values of their coins in basic price guides. >>



Bingo.

Timbuk3

Very unusual !!!

Rampage

<< <i>These were probably produced for and sold through a telemarketer or HSN/QVC type show. Simplifying the grade would make it easier for non-numismatic folks to check the values of their coins in basic price guides. >>


I would not think so considering it is a better date.

braddick

That is a surprisingly difficult date to locate in that grade (so worn) in a problem free state.

thisnamztaken

Looks like it's "good" to go for interested low-ball enthusiasts.

astrorat

Now it's on SALE! Woo hoo!

ianrussell

NGC will do these for bulk submitters at a slightly lower rate than with a numerical grade. They are usually circulated coins from the 1920-1950 era from the ones I've seen.

For me, I personally don't like them because they ruin the numerical grade system on my website.

- Ian

melvin289

The slab needs to be yellow with "Coin Collecting for Dummies" printed on it.

Ron

Kove

<< <i>NGC will do these for bulk submitters at a slightly lower rate than with a numerical grade. They are usually circulated coins from the 1920-1950 era from the ones I've seen.

For me, I personally don't like them because they ruin the numerical grade system on my website.

- Ian >>



Yep, these simplified grades, as well as the "Brilliant Uncirculated" notation you come across on certain Morgans, are the result of bulk submissions. The submitter can define a threshold above which coins get numeric grades (and a higher grading fee), and below, they get a more generic term (and a lower grading fee). For bulk Morgans, MS 63 is often the threshold for a numeric grade, meaning coins 60-62 are called "Brilliant Uncirculated." The grading company can charge less because less time is spent evaluating the coin to a specific number, and their grade guarantee is less likely to be invoked.

PerryHall

<< <i>

<< <i>These were probably produced for and sold through a telemarketer or HSN/QVC type show. Simplifying the grade would make it easier for non-numismatic folks to check the values of their coins in basic price guides. >>


I would not think so considering it is a better date. >>



Better date but not a particularly expensive coin in this very low grade. Agree it was slabbed for the telemarketer trade to the general public.

astrorat

<< <i>The grading company can charge less because less time is spent evaluating the coin to a specific number, and their grade guarantee is less likely to be invoked. >>

I don't think time is the issue. Graders spend a few seconds looking at coins to determine the grade. There is no practical time savings between qualitative and quantitative grading.

messydesk

<< <i>

<< <i>The grading company can charge less because less time is spent evaluating the coin to a specific number, and their grade guarantee is less likely to be invoked. >>

I don't think time is the issue. Graders spend a few seconds looking at coins to determine the grade. There is no practical time savings between qualitative and quantitative grading. >>


Per grader, no, but if if means fewer graders have to look at the coin and it goes to the bulk (i.e., lower paid) graders rather than the non-bulk graders, it means both less time and less money are spent grading the coin.

savoyspecial

Anyone know how these would work on the Registry system?

frnklnlvr

Looks like all the coins from this submission were low grade key and semi-keys, all graded without a numerical grade. Lots of 1932-D & S quarters.

astrorat

<< <i>

<< <i>

<< <i>The grading company can charge less because less time is spent evaluating the coin to a specific number, and their grade guarantee is less likely to be invoked. >>

I don't think time is the issue. Graders spend a few seconds looking at coins to determine the grade. There is no practical time savings between qualitative and quantitative grading. >>


Per grader, no, but if if means fewer graders have to look at the coin and it goes to the bulk (i.e., lower paid) graders rather than the non-bulk graders, it means both less time and less money are spent grading the coin. >>

I agree if the number of graders is less for a "qualitative" submission as compared with a standard submission. My comment was referring to time only, not personnel cost (e.g. experienced vs. inexperienced grader).

lcoopie

4. Not 6