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NGC drops "improperly" from cleaned, no more purple holders
logger7
Posts: 9,004 ✭✭✭✭✭
logger7
Posts: 9,004 ✭✭✭✭✭
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Does that mean the purple holders will become collectors items?
Probably not, you can pay $10 and get previously graded coins into the new holder.
...as long as they don’t make them harder to crack, it’s all Greek to me
So, what are they going to do about all the "properly cleaned" coins that they straight-graded?
This is smart... I have a few coins that will go back and a few "problem" coins I want to have encapsulated -- I hate their purple holders.
I love that they're getting rid of the purple labels. They stand out as virtual lepers in a collection.
But I think that it is a mistake to drop the the word "Improperly" from the label. The problem with these coins isn't so much that they've been cleaned. Lots of coins have been properly cleaned and remain perfectly market acceptable in straight-grade holders. The coins that don't get straight grades have been IMPROPERLY cleaned to the point where a straight grade is no longer appropriate. The difference matters, especially when there are already a gazillion (more or less) properly cleaned coins in straight holders.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Yes but the line between improper and proper cleaning is a subjective call and a moving target. So either way, they are still details holdered within the new system they are making - not really too much deviation from the current system. HST, I have had coins that were details holdered in the current system(s) get straight graded with both TPGs with raw resubmission after crack out. I think others here probably have too, and it has gone the other way as well.
Best, SH
The new holders that say "Cleaned" might become collectors items if NGC quickly switches back to "Improperly Cleaned".
For a fun challenge, try to find the most obnoxiously cleaned coin you can imagine, submit it ASAP, and get it into a "Cleaned" holder. Then, if they revert to the old terminology, find an almost-straight-gradable example of the same coin in an "Improperly Cleaned" holder. The pair will make for a nice display!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Only one kind of cleaning gets mentioned on slabs. I have yet to see a slab say “Properly Cleaned.”
I think the nomenclature for cleaned coins should be either cleaned or harshly cleaned.
My opinion is that if a coin is cleaned to the point of visual confirmation, that is enough to give it the label and not straight grade. That being said, if a dirt removing dip or rinse is applied and done properly, there is no need to label it as such. If proper techniques are applied, then the coin is good... otherwise there would be no use for restoration services. Cheers, RickO
Next service offered by some company, toning service, make a coin with light cleaning market acceptable. I'm not sure how the lawyers, etc. would handle this. I have heard of those connected to the services have a system that works involving cedar wood impregnated with sulfur or other chemicals.
NGC is basically saying that they agree with PCGS. Keep the label style the same, call it "Cleaned" (or whatever problem) with a non-numeric details grade. Works for me.
To open up a real can of worms, I like the idea of giving a numeric grade with the notation of the problem when those problems are minor. Similar to the net grading we've seen many years ago.
Here's an example in the FUN auction. Looks like 55 details but given a 50 due to some cleaning. In the old green holder:
https://coins.ha.com/itm/early-half-eagles/half-eagles/1804-5-small-8-bd-2-high-r4-au50-pcgs/a/1271-6095.s?ic4=ListView-ShortDescription-071515
Both Anacs and Icg have done AU53-58 net grading with the issue indicated. With 58 grades now on the Greysheet, it helps to sell stuff.
I learned how to apologize properly, recently , in another thread. Now if I could just learn to properly clean.
``https://ebay.us/m/KxolR5