NGC tough on ASE's

morgansforever · July 30, 2007 6:38AM

I was under the impression that NGC handed out 70's like candy.

Bought 50 from the Slaughter House, narrowed it down to 10 gems.

These things are flawless, WTF. So do I resubmit and play the fee game?

Why don't TPG's come out and say it, the more you spend on fee's, the better the grades.

I called NGC today and asked for the grades. Eight 69's and two 68's. The only thing worse than the grades would be

milk spotted ASE's

Took a real butt fu##ing on that deal.

The pic below was one of them, flawless.

TorinoCobra71 · July 30, 2007 6:41AM

Sorry to hear about your tuff experience. I guess everyone is tightening up for this CAC thingy that is coming?

TorinoCobra71

JapanJohn · July 30, 2007 6:44AM

I don't think they look at these close enough. I have a 2007 (no W) NGC MS 69 that has a divot or deep scratch on the obverse that's visible without magnification. Way visible.

My uncirc collection is 69 and now I have to buy another one or have one of my bullion pieces graded.

John

bsshog40 · July 30, 2007 6:44AM

By the looks of these pics, this thing is flawless. Very nice SAE. It would be interesting to know what knocked it down.

morgansforever · July 30, 2007 6:44AM

<<Sorry to hear about your tuff experience. I guess everyone is tightening up for this CAC thingy that is coming?>>

I'm going ape shat here. If the coin is spotless, slab it 70, period.

morgansforever · July 30, 2007 6:47AM

The coin pictued, has nothing, no dings, pings, breaks in luster, rim dings nada.

Maybe I'll slab em myself. 70's are the easiest to grade, if there is nothing to knock it down, it's a no brainer.

morgansforever · July 30, 2007 6:53AM

I don't think they look at these close enough. I have a 2007 (no W) NGC MS 69 that has a divot or deep scratch on the obverse that's visible without magnification. Way visible.

How much time do they spend examining coins 5 seconds? I spent hours going through 50.

Guess I'll write NGC a letter, and ask for a definition of 70.

morgansforever · July 30, 2007 6:58AM

Same ASE larger pics, I see nothng, you????????????

TennesseeDave · July 30, 2007 7:02AM

I can't see anything in your pics,but all 10 of the ones I got had at least one pinhead sized frost break somewhere on the coin.Submit to Pcgs.

richardshipp · July 30, 2007 7:03AM

Obviously you are upset with the grades you received. The coin in the pics looks beautiful.

Perhaps publically saying you received a BFing by them might not help in the regrading category by NGC though. Maybe try another TPGer?

TorinoCobra71 · July 30, 2007 7:06AM

You know what RUSS Sez "If the grade does not fit, you must RESUBMIT!"

TorinoCobra71

57loaded · July 30, 2007 7:08AM

i'd like to be able to see that in 3-D. the strike looks weaker than what I have seen, could just be the picture or the reason from NGC, that's all I can think of.

other than that, she is very purdy.

morgansforever · July 30, 2007 7:08AM

Obviously you are upset with the grades you received. The coin in the pics looks beautiful.

Sure I'm upset. I did my homework, scrutinized every coin, 40 didn't meet my standards, and the 10 left were spotless.

What does it take to get back 70's? If this coin isn't a 70, show me one that is.

morgansforever · July 30, 2007 7:12AM

You know what RUSS Sez "If the grade does not fit, you must RESUBMIT!"

I've heard that before, ahh yes the OJ dream team. "If it doesn't fit you must acquit".

So what you are saying is get in the submittal game?

08HALA20 · July 30, 2007 7:19AM

Well,

If you were old and blind like me you would do better.
I sent in 25 without looking at them and recieved 9 70's and 16 69's

Maybe they had pity on me.

I looked at them afterwards and the 70's were pretty nice.

What is the "SLAUGHTER HOUSE"?

Rookie Joe

morgansforever · July 30, 2007 7:21AM

<<What is the "SLAUGHTER HOUSE"?>>

Thanks for sharing, just what I wanted to here. The slaughter house is the Mint, and we are the lambs.

pf70collector · July 30, 2007 7:22AM

The U.S. Mint I suspect.

morgansforever · July 30, 2007 7:23AM

The U.S. Mint I suspect.

PF70 knows whats up.

08HALA20 · July 30, 2007 7:24AM

<< <<What is the "SLAUGHTER HOUSE"?>>

Thanks for sharing, just what I wanted to here. The slaughter house is the Mint, and we are the lambs. >>

Thanks for the clarification.

They have been leading me along for a couple of years.

Joe

al410 · July 30, 2007 7:27AM

do I see a pin head size mark at the top of the eagles head?

AL

57loaded · July 30, 2007 7:32AM

<< The U.S. Mint I suspect.

PF70 knows whats up.

>>

what magnification did you look them over. they use a 5x, i think.

morgansforever · July 30, 2007 7:36AM

do I see a pin head size mark at the top of the eagles head?

No, you don't.

SUMORADA · July 30, 2007 7:38AM

A couple weeks ago sent about 380 across the street..........got 63 70's..............and these were handpicked......................sent 100 in last month sight unseen............got 28 70's ?????
Looks like about 20% are 70's, A couple weeks ago it was over 25% I believe!

_total_ _________ _69___70______
2007 W EAGLE S$1 EARLY RELEASES MS 56813 1 2 6 27 45441 11336

Page 1
1986 MS S$1 | All Pages
1986 MS S$1

Edited to add thats a very pretty coin you have there....................robbed...

morgansforever · July 30, 2007 7:41AM

<<what magnification did you look them over. they use a 5x, i think. >>

First I examine the specimen with the unaided eye, and tilt the coin in the light, making it cartwheel.

Then I break out my 2x glass, (4" dia.) lastly I go over it with a 5x loupe.

I spent at least 20 minutes going over each of the 10 finalists.

morgansforever · July 30, 2007 7:45AM

Looks like about 20% are 70's, A couple weeks ago it was over 25% I believe!

At 20%, 2 should have received 70. Guess my percentage was 0%.

57loaded · July 30, 2007 7:47AM

that's pretty good screening if you ask me.

try an 8x and see if you can see anyting different.

i'd be upset too.

notwilight · July 30, 2007 7:49AM

According to NGCs census, they're doing 24.9% 70s. As usual with moderns the 70 rate ATS is at least twice that at PCGS. --Jerry

andyisbak · July 30, 2007 7:51AM

<< Looks like about 20% are 70's, A couple weeks ago it was over 25% I believe!

At 20%, 2 should have received 70. Guess my percentage was 0%. >>

i feel your pain, i've always done good with NGC, my last submission i sent 30 coins (2007-w) without inspecting any got 10 ms70 20 ms69.

Had a very bad experience with PCGS on my first spouse coins, sent 69 coins (also without inspecting any) received only 1 70...im still pissed off about this...so i know how you are feel

morgansforever · July 30, 2007 7:51AM

<<try an 8x and see if you can see anyting different.>>

I don't own an 8X, 7X is the largest I have.

Do you really need more than a 5X, for an ASE?

If there is a ding on an ASE, my naked eye can spot it.

zenny · July 30, 2007 7:55AM

<< 
I spent at least 20 minutes going over each of the 10 finalists. >>

I could understand this if you were judging the Miss America contest.....

morgansforever · July 30, 2007 7:56AM

<>

Your the second one that chimed in that didn't screen. WTF

Maybe next time I'll let my 2 year old nephew pick em.

morgansforever · July 30, 2007 7:58AM

<>

Good one I needed a laugh.

ModernCrapNut · July 30, 2007 7:58AM

I did it the easy way and grabbed an MS-70 whle they are under $90 from across the street.

morgansforever · July 30, 2007 8:01AM

<>

Smart move, but I convinced myself these were a lock.

It really makes more sense to buy em graded, let someone else take the bath.

shmort6552 · July 30, 2007 8:57AM

I really love the looks of the coin. I don't know whether its the pic or the coin but I see a rather prominent black spot on the bottom arrow tip and a couple around the rim. Again, they may be on the plastic.
Still a beautiful coin.

Bruce

mach19 · July 30, 2007 9:02AM

You got me, That's a nice coin!!

planetsteve · July 30, 2007 9:08AM

<< do I see a pin head size mark at the top of the eagles head?

No, you don't. >>

Well, what the hell... I see what the poster is talking about myself, and also what looks like a frost break or some kind of blem in the field above the D in the IGWT legend in both photos.

I've sorted through 150 of these and selected five for submission to PCGS. (Grades not back yet.) In the process I could see some variance in the luster on these coins, with some having relatively dull faces or even just part of the obverse. Should I want one of those if I buy a coin in a 70 holder?

Overdate · July 30, 2007 9:09AM

Are there faint light spots on the obverse between the "D" in God and the "Y" in Liberty?

On the reverse, I also see what appears to be a dark spot on the Eagle's wing to the left of the scroll that says "UNUM".

JrGMan2004 · July 30, 2007 9:10AM

Silver Eagles in MS70 are very tough regardless. I've seen whole monster boxes graded, and only see 3-4 70s come out of it.

bluedog · July 30, 2007 9:13AM

I submitted 25 of the 2007 burnished silver eagles to NGC and got 19 70s. I was thrilled until PCGS announced they were going to start grading 70s too, and the price for 70s plummetted.

I submitted 7 first spouses to PCGS and got all 69s.

JrGMan2004 · July 30, 2007 9:15AM

Oh, another possibilty... if you didn't take the coins out of the capsule ever, spots may have appeared as soon as they came out of the caps.

Russ · July 30, 2007 9:20AM

The example you posted is weakly struck. MS70 requires a full, crisp strike.

Russ, NCNE

morgansforever · July 30, 2007 9:37AM

<<The example you posted is weakly struck. MS70 requires a full, crisp strike.>>

Thanks Russ, so thats it, WOW, end of story.

Thought the strike was fine. Learning all the time.

morgansforever · July 30, 2007 10:04AM

<>

You are the man, thats almost 80%, WTF, WTF, WTF, WTF,

Like Russ says, weak strike, your OUT!!!!!!!!!!

fcloud · July 30, 2007 10:45AM

There just aren't enough luster breaks for it to be a 70!

morgansforever · July 30, 2007 10:56AM

Thanks fcloud. What year is the Chevelle? MS67

Manorcourtman · July 30, 2007 10:59AM

Guess you should have sent them to the mothership(PCGS). My latest grades....

Order #20116469 / Submission #9073469
Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade
1 1 13478852 150446 2007-W $1 Eagle US MS69
1 2 13478853 150446 2007-W $1 Eagle US MS70
1 3 13478854 150446 2007-W $1 Eagle US MS69
1 4 13478855 150446 2007-W $1 Eagle US MS69
1 5 13478856 150446 2007-W $1 Eagle US MS69
1 6 13478857 150446 2007-W $1 Eagle US MS69

Total Items: 6

planetsteve · July 31, 2007 9:06AM

I got grades back today on the five of 150 that I sent in to PCGS.

Results: two of the five were MS70.

morgansforever · July 31, 2007 9:26AM

I got grades back today on the five of 150 that I sent in to PCGS.

So it does pay to screen em, good for you.

19Lyds · August 6, 2007 6:19AM

<< Same ASE larger pics, I see nothng, you????????????

>>

On the reverse of the pictured coin to the left and up a bit from the W mintmark and almost immediatlty above the N in FINE, there are two small spots that if they are on the coin would prevent it from achieving the MS70 grade. aThere is also a similar spot in the lower row of stars as well as between the right wing and the eagles neck. I had a 2005 Proof that in my eye was flawless. I submitted it for a presidential review and a tiny spot (pinpoint tiny) was flagged as the reason the coin did not get the PF70 grade.

All the TPG can be incredibly picking with regard to 70's!

Bochiman · August 6, 2007 6:24AM

<< I got grades back today on the five of 150 that I sent in to PCGS.

So it does pay to screen em, good for you.

>>

Sure does....I got the results back from the 4 I sent in to PCGS and I got (2) MS70 and (2) MS69. That's out of roughly 8 or 10 I screened before sending in.

NGC tough on ASE's

Comments

Leave a Comment