Who is NTC

bootleg3 · August 28, 2003 12:19PM

Was looking on ebay and noted some coins graded by NTC anyone have opinions on this company?

JxnBoy · August 28, 2003 12:21PM

Just do a search on NTC and read the threads. There's a lot of information.

David

PS They're garbage.

lordmarcovan · August 28, 2003 12:24PM

NTC stands for Numistrust Corporation.

Say it out loud: N-U-M-I-S-T-R-U-S-T.

Kind of sounds like New Mistrust, doesn't it?

And that's an appropriate nickname. They are both new and eminently untrustworthy. I personally would rate them second worst, right there next to Those Whose Name Should Remain Unspoken (you know who).

FatMan · August 28, 2003 12:28PM

NTC is the new slabber of choice for scammer dealers.

wingedliberty · August 28, 2003 12:29PM

NTC is one of the branches of the Numismatic Axis of Evil. Their grading is actually worse than ACG or at least just as bad. The other branches of satan's realm are as follows:

1. ACG
2. PCI (I was wrong before and fully admit to my mistake)
3. Littleton
4. HSN
5. Coinvault
6. Truegrade
7. ACCG
8. PVC based coin holders

RYK · August 28, 2003 12:31PM

Brian,

I am growing quite fond of your lists!

9. NCS (that should stir things up a bit)
10. Teletrade

lordmarcovan · August 28, 2003 12:34PM

Great list.

But you spelled "Truegrade" right... which is wrong.

They say "TruGrade" on their labels, which makes them even more nauseating.

eminem · August 28, 2003 12:37PM

N umismatic
T rash
C an

bootleg3 · August 28, 2003 12:38PM

Sounds like from what you are all saying, may be some slabs to stay away from.

LucyBop · August 28, 2003 12:39PM

NTC is Russ' grading company of choice!

lordmarcovan · August 28, 2003 12:39PM

<< <i>Sounds like from what you are all saying, may be some slabs to stay away from. >>

Ding ding ding!

We have a winner!

Russ · August 28, 2003 12:44PM

There's one nice thing about NTC. Their slabs are one of the easiest to crackout. They fall apart if you breathe hard on them.

Lucy,

Bite me.

Russ, NCNE

LucyBop · August 28, 2003 12:45PM

<< <i>Lucy,

Bite me.
>>

I've tried more then once! You keep running!

Baley · August 28, 2003 12:51PM

In my opinion, ignore the grade NTC gives, and grade the coin yourself, as if it were raw.
To pay full price for the grade of a coin in NTC slab would be foolish,
but I have gotten many nice coins out of NTC slabs, for example,
Picked up a nice large cent that they had graded AU, I graded it VF, and paid a Fine price.

my3cents · August 28, 2003 12:56PM

the best part about NTC slabs is that they are so cheap that you can actually find deals in them - GRADE THE COIN. You may get a gem in disguise.

lordmarcovan · August 28, 2003 12:59PM

The last two posts have a point- sometimes you can pick up nice coins in crap holders, if your eye is sharp enough, and get a good price because the label scares people off. Watch out, though- coins that are doctored or which have hidden problems (or are even counterfeit!) have a way of sneaking into the slabs of ignorant, bottom-tier "grading services", and the problems don't get noted, either.

I played the game once. Saw a decent looking Seated half in a crappy You-Know-Who holder, graded EF45. I knew it was AU55, easy. Got it, cracked it out, sent it to ANACS, and found I was right- they gave it an AU grade. BUT- they net graded it for cleaning and some light tooling I'd missed. I paid EF40 money for it and they net graded it to EF40, but naturally I lost money when I sold it. I just chalked it up to experience.

You can mine for "unrecognized gems" in bottom-tier holders, but beware. Just make sure you know what you are doing, first.

dorkkarl · August 28, 2003 9:41PM

treat ntc just like any other slab. it's just a temporary holder until you put the coin in your collection.

K S

ScarsdaleCoin · August 28, 2003 11:56PM

follow the link ... at last a slab company that is also a telemarketer...

Telemarketers delight!

dorkkarl · August 28, 2003 11:59PM

yah, check out www.ntc.org too.

K S

AlbaJohn · August 29, 2003 12:53AM

I bought my first NTC coin yesterday. 1911-d- $2.50 in ms62 , coin is lightly cleaned au58 with slight rim damage. I need an AU55 so I'm hoping this will work. I paid a dealer $2000, I'm bidding $7000 for PCGS 62's. John Albanese

Who is NTC

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