<< <i>The grade distribution of the ten coins is as follows: one example, which is believed to have been a pocket piece, grades NGC UNC Details, Improperly Cleaned >>
<< <i>The grade distribution of the ten coins is as follows: one example, which is believed to have been a pocket piece, grades NGC UNC Details, Improperly Cleaned >>
Unc details on a pocket piece? >>
That's what I was thinking as well. NGC knows full and well that the coin was never cleaned. Bastages.
I wonder what the dark area is on the high points of knee, thigh etc.? Almost looks like rub. I wonder what it would've graded had it been a common date.
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<< <i>I wonder what the dark area is on the high points of knee, thigh etc.? Almost looks like rub. I wonder what it would've graded had it been a common date. >>
Darker shades on the higher areas do not necessarily equate to rub or wear on gold coins.
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Seriously, what is the purpose of getting these coin slabbed?
And for SanctionII-- was any special permission needed by the court to have these coins slabbed, if ownership was in question?
Always took candy from strangers Didn't wanna get me no trade Never want to be like papa Working for the boss every night and day --"Happy", by the Rolling Stones (1972)
The article linked in this thread says that NGC graded the ten double eagles at the request of the Secret Service.
I wonder if this was done unilaterally, without the knowledge or consent of the Langbord family; or if it was done with their knowledge and consent. If it was done without their knowledge or consent, that is quite presumptuous on the part of the government.
I would imagine that NGC will gain lots of publicity in hobby circles as a result of it grading nine out of the ten double eagles. The information it gained as a result of its review, study, grading and encapsulation of the ten double eagles will be very valuable itself. Further, when [if ever] one or more of these double eagles are submitted to PCGS for grading [as a raw crackout; or as a crossover submission] it will be very interesting to see how PCGS views and grades the them [downgrade, same grade, upgrade or no grade].
With ten of these double eagles now slabbed, with nine of the graded between 64 and 66, people can start discussing the different market values of the 64s vs. the 65s vs the lone 66.
I also wonder if the submission of these coins to NGC and the slabbing and grading of nine out of ten of these coins is telling us, indirectly and obtusely, that a settlement of the Langbord lawsuit is in the works????????????? Hmmmmmmmmmmmmmmm????????????
<< <i>The article linked in this thread says that NGC graded the ten double eagles at the request of the Secret Service.
I wonder if this was done unilaterally, without the knowledge or consent of the Langbord family; or if it was done with their knowledge and consent. If it was done without their knowledge or consent, that is quite presumptuous on the part of the government.
I would imagine that NGC will gain lots of publicity in hobby circles as a result of it grading nine out of the ten double eagles. The information it gained as a result of its review, study, grading and encapsulation of the ten double eagles will be very valuable itself. Further, when [if ever] one or more of these double eagles are submitted to PCGS for grading [as a raw crackout; or as a crossover submission] it will be very interesting to see how PCGS views and grades the them [downgrade, same grade, upgrade or no grade].
With ten of these double eagles now slabbed, with nine of the graded between 64 and 66, people can start discussing the different market values of the 64s vs. the 65s vs the lone 66.
I also wonder if the submission of these coins to NGC and the slabbing and grading of nine out of ten of these coins is telling us, indirectly and obtusely, that a settlement of the Langbord lawsuit is in the works????????????? Hmmmmmmmmmmmmmmm???????????? >>
Yes, obviously they are talking settlement and the coins will be legal to own. Otherwise, why grade them at all?
However, it would seem to me that it would be foolish for the government to submit the ten double eagles to NGC without either obtaining the permission of the Langbord family; and/or obtaining permission from (or at least providing advanced notice to) the court.
Even if no procedural rule or substantive law exists that prevents the government from submitting the disputed 1933 double eagles to NGC, I would think that the government and its attorneys would (for PR purposes and/or for professional reputation) not act unilaterally.
What do you make of the serial numbers on the two imaged coins? Are they really the 62nd and 81st coins on the invoice? This could get very interesting!
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
The government put the coins on display at several shows. Did they get premission from the Langboards or the court to do that? They why would this be diffrent.
The article says that NGC has examined all 13 none specimens and has encapsulated the ten Langbord double eagles and the two Smithsonian double eagles.
Have the two Smithsonian specimens and the Fenton/Farouk specimen been graded by NGC? If so what grades did these three specimens receive?
<< <i>NGC knows full and well that the coin was never cleaned. Bastages. >>
I dunno, I could see one of these being used as a pocket piece at least occasionally (and under very guarded conditions!) -- and that it might have been wiped or dipped to remove some schmutz.
Me at the Springfield coin show: 60 years into this hobby and I'm still working on my Lincoln set!
<< <i>However, it would seem to me that it would be foolish for the government to submit the ten double eagles to NGC without either obtaining the permission of the Langbord family; and/or obtaining permission from (or at least providing advanced notice to) the court.
Even if no procedural rule or substantive law exists that prevents the government from submitting the disputed 1933 double eagles to NGC, I would think that the government and its attorneys would (for PR purposes and/or for professional reputation) not act unilaterally. >>
Maybe they weren't able to authenticate them without some expert assistance!
Me at the Springfield coin show: 60 years into this hobby and I'm still working on my Lincoln set!
<< <i>062? The secret service submited how many coins to NGC? >>
That was my first thought. Then seeing the other one with 081, not even a consecutive 10. I wonder if they were looking for the best ones for the Smithsonian collection. If they sent all the 33s in at the same time who is to say that they didn't switch things a little?
without their knowledge or consent, that is quite presumptuous on the part of the government.
Government does things all the time without asking permission.Getting them out of the plastic can be easily done.Certainly,no further damage can occur while they're in the plastic,to be sure.
We,the citizens of the United States, have to have a way of establishing value of the coins so that this lawsuit can be resolved. It looks to me like the encapsulating with a grade,noting problems for some of the pieces,etc. is on the logical path to that end.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
I bet they called one cleaned just so they could advertise their new Details Grading service
<< <i>Have the two Smithsonian specimens and the Fenton/Farouk specimen been graded by NGC? If so what grades did these three specimens receive? >>
Having looked through a ton of stuff in the Smithsonian vault, the 1933 double eagles included, the only piece with any hint of certification was a Lafayette dollar that was in the inner rings of a PCGS holder (not slabbed), and contained its MS67 tag (the coin is phenomenal). Everything else is raw, and I saw no hint of certification for any of the gold.
NGC provided considerable pro bono work for the Smithsonian collection. Many of the coins were encrusted with wax, tape and other damaging debris. NGC removed the contaminants and stabilized the coins so they would not deteriorate. The most significant coins were put into archival plastic holders (as illustrated above). These differ only in that the SI holders can be opened, and there was no “grade” assigned to any SI coin.
Collectors, and our hosts, should be thanking NCG for helping to save a part of our national heritage.
As for other questions, I refer you to the press release. Notice that it has spaces between words and between lines of text….
However, it would seem to me that it would be foolish for the government to submit the ten double eagles to NGC without either obtaining the permission of the Langbord family; and/or obtaining permission from (or at least providing advanced notice to) the court.
Even if no procedural rule or substantive law exists that prevents the government from submitting the disputed 1933 double eagles to NGC, I would think that the government and its attorneys would (for PR purposes and/or for professional reputation) not act unilaterally. >>
If they have gotten reasonable, the grading was done to establish "value". Now they can dicker.
And the 81 coins, I'd assume that was just the regular Smithsonian stuff going along in the same order. There are/were thousands of coins down there to be graded/encapsulated by NGC.
The so called Farouk coin is not in a PCGS holder - they just came out and said they'd grade it a 65 if it were submitted. And if it's a 65, then no one can quibble about that one Langbord coin being a 66!
Comments
<< <i>The grade distribution of the ten coins is as follows: one example, which is believed to have been a pocket piece, grades NGC UNC Details, Improperly Cleaned >>
Unc details on a pocket piece?
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<< <i>From the article:
<< <i>The grade distribution of the ten coins is as follows: one example, which is believed to have been a pocket piece, grades NGC UNC Details, Improperly Cleaned >>
Unc details on a pocket piece?
That's what I was thinking as well. NGC knows full and well that the coin was never cleaned. Bastages.
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Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
<< <i>I wonder what the dark area is on the high points of knee, thigh etc.? Almost looks like rub. I wonder what it would've graded had it been a common date. >>
Darker shades on the higher areas do not necessarily equate to rub or wear on gold coins.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
And for SanctionII-- was any special permission needed by the court to have these coins slabbed, if ownership was in question?
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>What an FABULOUS way to display a UGLY coin. >>
Fixed it for you.
I wonder if this was done unilaterally, without the knowledge or consent of the Langbord family; or if it was done with their knowledge and consent. If it was done without their knowledge or consent, that is quite presumptuous on the part of the government.
I would imagine that NGC will gain lots of publicity in hobby circles as a result of it grading nine out of the ten double eagles. The information it gained as a result of its review, study, grading and encapsulation of the ten double eagles will be very valuable itself. Further, when [if ever] one or more of these double eagles are submitted to PCGS for grading [as a raw crackout; or as a crossover submission] it will be very interesting to see how PCGS views and grades the them [downgrade, same grade, upgrade or no grade].
With ten of these double eagles now slabbed, with nine of the graded between 64 and 66, people can start discussing the different market values of the 64s vs. the 65s vs the lone 66.
I also wonder if the submission of these coins to NGC and the slabbing and grading of nine out of ten of these coins is telling us, indirectly and obtusely, that a settlement of the Langbord lawsuit is in the works????????????? Hmmmmmmmmmmmmmmm????????????
<< <i>The article linked in this thread says that NGC graded the ten double eagles at the request of the Secret Service.
I wonder if this was done unilaterally, without the knowledge or consent of the Langbord family; or if it was done with their knowledge and consent. If it was done without their knowledge or consent, that is quite presumptuous on the part of the government.
I would imagine that NGC will gain lots of publicity in hobby circles as a result of it grading nine out of the ten double eagles. The information it gained as a result of its review, study, grading and encapsulation of the ten double eagles will be very valuable itself. Further, when [if ever] one or more of these double eagles are submitted to PCGS for grading [as a raw crackout; or as a crossover submission] it will be very interesting to see how PCGS views and grades the them [downgrade, same grade, upgrade or no grade].
With ten of these double eagles now slabbed, with nine of the graded between 64 and 66, people can start discussing the different market values of the 64s vs. the 65s vs the lone 66.
I also wonder if the submission of these coins to NGC and the slabbing and grading of nine out of ten of these coins is telling us, indirectly and obtusely, that a settlement of the Langbord lawsuit is in the works????????????? Hmmmmmmmmmmmmmmm???????????? >>
Yes, obviously they are talking settlement and the coins will be legal to own. Otherwise, why grade them at all?
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Glad I don't buy gold.
Perhaps people will think fake holder fake coin.
I have absolutly no idea.
However, it would seem to me that it would be foolish for the government to submit the ten double eagles to NGC without either obtaining the permission of the Langbord family; and/or obtaining permission from (or at least providing advanced notice to) the court.
Even if no procedural rule or substantive law exists that prevents the government from submitting the disputed 1933 double eagles to NGC, I would think that the government and its attorneys would (for PR purposes and/or for professional reputation) not act unilaterally.
<< <i> If it was done without their knowledge or consent, that is quite presumptuous on the part of the government. >>
I noticed that there is a Smithsonian logo in the lower right corner of the holders. Another US Gov't presumption?
062? The secret service submited how many coins to NGC?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
They why would this be diffrent.
Have the two Smithsonian specimens and the Fenton/Farouk specimen been graded by NGC? If so what grades did these three specimens receive?
"13 known specimens", not "13 none specimens". frown;
Are you bored by all coins that don't measure up to the 1849 $20?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I wonder how my common date MS64 Saint would stack up [condition wise] against the 9 Langbord 1933 Saints?
<< <i>NGC knows full and well that the coin was never cleaned. Bastages. >>
I dunno, I could see one of these being used as a pocket piece at least occasionally (and under very guarded conditions!) -- and that it might have been wiped or dipped to remove some schmutz.
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>gov't wanted authentication? >>
establish relative value?
<< <i>However, it would seem to me that it would be foolish for the government to submit the ten double eagles to NGC without either obtaining the permission of the Langbord family; and/or obtaining permission from (or at least providing advanced notice to) the court.
Even if no procedural rule or substantive law exists that prevents the government from submitting the disputed 1933 double eagles to NGC, I would think that the government and its attorneys would (for PR purposes and/or for professional reputation) not act unilaterally. >>
Maybe they weren't able to authenticate them without some expert assistance!
60 years into this hobby and I'm still working on my Lincoln set!
-Paul
wow I didnt know NGC had holders that were "re-closeable"
You wouldn't believe how long it took to get him to sit still for this.
Touche; and.................. Good Point
Were these actually in the NGC Grading Room?
If so or even if not, is this the first time that a "customer" has witnessed his submission being graded?
Did any of the Secret Service folks in attendance contest the grades demanding an explanation?
The name is LEE!
<< <i>Did any of the Secret Service folks in attendance contest the grades demanding an explanation?
they said they never cleaned them...
Care to predict when it will top 100?
My prediction is 4:58 PDT, exactly 1:58 minutes from now.
<< <i>062? The secret service submited how many coins to NGC? >>
That was my first thought. Then seeing the other one with 081, not even a consecutive 10. I wonder if they were looking for the best ones for the Smithsonian collection. If they sent all the 33s in at the same time who is to say that they didn't switch things a little?
Government does things all the time without asking permission.Getting them out of the plastic can be easily done.Certainly,no further damage can occur while they're in the plastic,to be sure.
We,the citizens of the United States, have to have a way of establishing value of the coins so that this lawsuit can be resolved.
It looks to me like the encapsulating with a grade,noting problems for some of the pieces,etc. is on the logical path to that end.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>Have the two Smithsonian specimens and the Fenton/Farouk specimen been graded by NGC? If so what grades did these three specimens receive? >>
Having looked through a ton of stuff in the Smithsonian vault, the 1933 double eagles included, the only piece with any hint of certification was a Lafayette dollar that was in the inner rings of a PCGS holder (not slabbed), and contained its MS67 tag (the coin is phenomenal). Everything else is raw, and I saw no hint of certification for any of the gold.
<< <i>Have the two Smithsonian specimens and the Fenton/Farouk specimen been graded by NGC? >>
The Smithsonian coins are encapsulated by NGC, but not graded:
IIRC, the Farouk coin is in a PCGS MS65 holder.
Collectors, and our hosts, should be thanking NCG for helping to save a part of our national heritage.
As for other questions, I refer you to the press release. Notice that it has spaces between words and between lines of text….
<< <i>Longacre.
I have absolutly no idea.
However, it would seem to me that it would be foolish for the government to submit the ten double eagles to NGC without either obtaining the permission of the Langbord family; and/or obtaining permission from (or at least providing advanced notice to) the court.
Even if no procedural rule or substantive law exists that prevents the government from submitting the disputed 1933 double eagles to NGC, I would think that the government and its attorneys would (for PR purposes and/or for professional reputation) not act unilaterally. >>
If they have gotten reasonable, the grading was done to establish "value". Now they can dicker.
And the 81 coins, I'd assume that was just the regular Smithsonian stuff going along in the same order. There are/were thousands of coins down there to be graded/encapsulated by NGC.
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