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 Replies: 23 / Views: 5,857 |
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Bedrock of the Community
United States
20753 Posts |
Can you picture that now. Someone at a coin store saying WOW, it was graded by NAC   |
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Pillar of the Community
United States
531 Posts |
I hereby reserve the initials PGGS. I may want to start the Penny Guy Grading Service. Fee structure will be based on the requested grade. Think it would work? LOL
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Valued Member
 United States
234 Posts |
If your taking PGGS I want NGGS for nickel grading
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Pillar of the Community
United States
4883 Posts |
Quote:
My records show that I bought a 1891 S Morgan in a NAC slab graded MS66 for $59 dollars. A real discount considering a NGC graded MS66 is valued over $5000. It was a nice looking coin, and the coin looked like it could grade MS, so I cracked it out and I sent it into NGC and it graded AU58. Slider23 - issues like the 1891-S that are condition rarities make for the sweet spot where the basement slabbers can profitably ply their trade. At least you didn't pay so much to get really burned on your deal. Colligo ergo sum
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Pillar of the Community
 United States
4594 Posts |
I call them 'finny' because of the stacking fins. They are not sonically sealed!
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
2540 Posts |
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Bedrock of the Community
United States
17884 Posts |
There are at least two companies using NAC This is the more recent of the two. They are using CSI style slabs (Named for the basement slabber that developed them, Certified Silver Institute. They got out of the basement slabbing game but became a supplier of shells to others. There are beter than half a dozen firms that have or are using these shells.)
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Valued Member
United States
456 Posts |
I bought a 1922-D Peace dollar in a shell just like that. A 'finny' as BStrauss3 called it. If I recall the grading service called themselves PNC, progressive national coin company. Some of them looked XF, some AU. The one I picked up looked about ms-62 but they were all "graded" ms-66. It didn't even look 62 after I broke it out from under the weird lens on that shell. |
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Pillar of the Community
United States
4594 Posts |
Yes, there are six or seven grading "services" I've tracked... let me see if I can find the list.
CSI
GEC
GSAC
NAC
NGA
PCG
PNC
Many of them have several generations of labels - from very plain black letters on a yellow cardstock to holograms. There are also several different legends "Graded to XYZ Standards" (I have one that says Graded to QVC Standards).
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
506 Posts |
Speaking of strange slabs, I found some slabs that look exactly like NGC and PCGS slabs, except they snap together. They are made by PCCB based out of...guess where...China!
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Pillar of the Community
United States
4594 Posts |
Not sure what you are implying... PCCB is a fairly common supplier from China - they manufacture a variety of hobby supplies which are sold widely. Quite legit.
Remember the Betamax decision?
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
7390 Posts |
Quote:
I have one that says Graded to QVC Standards.  ... but seriously  I bet Lori Grenier had a hand in this! Edited by Cascade
06/05/2015 09:14 am
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Pillar of the Community
United States
4692 Posts |
I've cracked out 2 basement slabs over the years. One was an NNC PF-69 DCAM Roosevelt that crossed to PCGS as PF-69 DCAM. The other was a Matte Proof Lincoln PF-66 (late PCI slab) that now resides in a no problem PCGS PF-63 holder. Actually I was pleased with the crossover results.
Edited by jimbucks
06/05/2015 11:45 am
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Bedrock of the Community
United States
17884 Posts |
I've seen PCCB shells before and the ones I saw didn't look exactly like NGC or PCGS shells. I have seen PCCB shells that were similar in STYLE to PCGS shells but they weren't that deceptive.
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Pillar of the Community
United States
9793 Posts |
I wouldn't even put these guys (NAC) in with the basement slabbers, They only self slab, they don't grade coins other than ones they already own and are selling. At least a few of the basement slabbers try to be a real business, NAC? Not even close.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Replies: 23 / Views: 5,857 |
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Posted 06/02/2015 2:55 pm
