Our eBay pal centsles is selling lots of NNC graded gold.
Goldbully
Posts: 17,939 ✭✭✭✭✭
Some of these coins look pretty nice, if I must say.......I guess with the 14 day return policy, it can't hurt to take a chance on some lower price U.S. old gold.
NNC doesn't even have an up to date Website.
I'd rather have a problem gold coin in a PCGS Genuine slab any day of the week.
eBay Link
centsles Feedback: 145,829
NNC doesn't even have an up to date Website.
I'd rather have a problem gold coin in a PCGS Genuine slab any day of the week.
eBay Link
centsles Feedback: 145,829
0
Comments
WS
If you can buy his slabbed gold for around melt, then go for it otherwise it's buyer beware.
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
<< <i>I thought your only allowed to sell ngc, pcgs, and anacs slabs on eBay? >>
you can sell any that you want but cannot list the company name in title and possible not even in the description.
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Here's mine....
<< <i>About ten years ago Centsles was selling a lot of ACG graded coins and I was picking up common date Saints in ACG slabs for around $350.00 from him. At that time I think that there was only about five grading companies to chose from. I rarely see those old ACG holders on ebay these days, although back in the day they were plentiful. >>
Wasn't ACG the brainchild of eBay ID gotcha - Alan something-or-other?
I only made it through page 1 of the negatives , negged on everything from 10 dollar deals up to a 15k neg ..wow.
you think he is bad you should see this #*##&#&
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So much it takes a minute to load!
No Way Out: Stimulus and Money Printing Are the Only Path Left
1870-CC LIBERTY $5 GOLD ABOUT UNCIRCULATED+ 7,675 MINTED EXTRA RARE! (#380458571609) US $14,500.00
Now I have to wonder at the person who would buy a $14.5K coin that was not properly certified or from a seller with a ton of bad feedback?
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<< <i>This guy has been negged a number of times for fakes too , thats a little more serious , sure seems to be a lot towards the bottem of page 1 >>
Does he own NNC as someone stated? That is a huge number of transactions on ebay for a questionable company. If not enough people complain though nothing happens. >>
I suspect that he owns the printer that prints the labels.
No Way Out: Stimulus and Money Printing Are the Only Path Left
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
Remember he filed suit against a lot of individuals and companies. Right or wrong it cost a lot of good people a lot of $$ to defend themselves.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
<< <i>
<< <i>Watch what you say......
Remember he filed suit against a lot of individuals and companies. Right or wrong it cost a lot of good people a lot of $$ to defend themselves. >>
First Amendment protections of course apply, plus I know a bunch of lawyers who regularly laugh off talk of being sued for exercising reasonable free speech rights: >>
As long as you're aware that defending these rights can be time-consuming and expensive, have at it.
Been there, done that.
My icon IS my coin. It is a gem 1949 FBL Franklin.
Lance.
<< <i>First Amendment protections of course apply... >>
The First Amendment restricts (or is supposed to, anyway) the government's ability to abridge the freedom of speech. It has nothing to do with what one person says about anonther.
Criticizing coins in NNC slabs (or anybody else's slabs) for not meeting the same grading criteria as PCGS is futile. It's like criticizing the French for not speaking Swahili.
Recall the Coin World survey years ago about the accuracy and precision of grading companies? Guess who won the "precision" (i.e. consistency, repeatability) category ... Accugrade. Yes, Accugrade. Does that mean that PCGS is "bad?" Do people sing the praises of Accugrade's precision? Why not?
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
<< <i>Its one thing to defend the seller on his grading , what about the negs for the fakes ? I counted 9 i believe on the first 2 pages amongst the many item not recieved negs. >>
it does sound unreasonable that someone would allow so many to be sold on their account. thanks for sharing there were so many feedback left about counterfeits. i know what list i'm putting that seller on now.
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<< <i>All this blustering? Each grading company uses its own standard. There is NO industry standard to grading US coins. PCGS, NGC, ANACS, ICG, etc ... don't read from the same grading book ... neither do any of the others.
Criticizing coins in NNC slabs (or anybody else's slabs) for not meeting the same grading criteria as PCGS is futile. It's like criticizing the French for not speaking Swahili.
Recall the Coin World survey years ago about the accuracy and precision of grading companies? Guess who won the "precision" (i.e. consistency, repeatability) category ... Accugrade. Yes, Accugrade. Does that mean that PCGS is "bad?" Do people sing the praises of Accugrade's precision? Why not? >>
Having shopped for a Type II Twenty Dollar Gold in Mint State, I can tell you that there is a fair amount of "optimistic grading" out there even among the best companies. These coins did not see much circulation, but they did spend a lot of time hitting and rubbing up against their brethren. Therefore finding a Type II Twenty Dollar Gold in AU is not very hard, but finding a strict Mint State piece is very hard. Anything above MS-63 is RARE.
There is one piece graded MS-63 that's been on market at a couple thousand below Gray Sheet bid for over a year, and it has not sold. Sadly it's really an AU. Paying thin Mint State money for one of these over graded pieces is not a good buy.
Some folks might take pot shots at this one, which is graded MS-63, but it's one of the best I've seen.
Caveat emptor!
One example: 1982 Panama 50 centimos struck in gold piefort for $880
Graded proof 68, really 64-5
Well, just Love coins, period.
``https://ebay.us/m/KxolR5
<< <i>When you have that volume of transactions in "graded" coins, there are going to be a lot of people buying unaware, unaware that they are left holding the bag, without recourse with the grading service or the seller. It probably doesn't make that much difference with buying near bullion but it does with problems that are not described, that would regularly come back with problem designations from NGC, PCGS, or ANACS. There are a lot of rare coins being sold by centsles and with the magic of photography, cleaning and other issues can be minimized. >>
<sarcasm>It's truly unfortunate there is no way for buyers to find out about these sorts of issues before bidding. You know, like maybe a system for people to rate sellers and leave comments regarding their transaction so that potential bidders might be forewarned before making their bids.</sarcasm>
Five of the last six negs received by this seller:
"Residue on reverse of coin that did not show up in photo. Graded by NNC."
"This is an IMPAIRED proof and NOT a perfect coin as advertised! Seller OWNS NNC!"
"Scam, scratch on back."
"big scratch on reverse of uncirculated coin"
"Circulated coins being passed off as uncirculated"
Sorry, but if all those feedback comments are not enough of a warning sign to get you to think before bidding, you're not competent enough to be buying stuff online. If potential bidders won't take even a couple of seconds to check out a seller's feedback, there's not much you can do to help them. Anybody who bids in this seller's auctions and then complains about receiving a problem coin has nobody to blame but himself.
<< <i>Due diligence is a tough thing to do if someone is not schooled in it. >>
Not on eBay, with this seller. Click the number, read the negs. If that's a tough thing to do for someone, they shouldn't be buying on eBay.
eBay buyers know all about feedback- just try not leaving any on a sale and see how fast you get called on it.