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 Replies: 20 / Views: 2,397 |
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Pillar of the Community
United States
974 Posts |
I too have to say I prefer my own grading skills over a company. I enjoy posting my coins on the Grading forum here on CC. It's pretty awesome to see that a lot of the times our members here grade exactly as PCGS/NGC...many times the members are more critical...which is a good thing! I guess it depends on if you plan on collecting or selling.
Edited by Nelrak
01/28/2008 9:49 pm
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New Member
42 Posts |
Most people like to buy a certified coin then crack it out. They know its good for the grade and the real deal
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Pillar of the Community
United States
1490 Posts |
Busthalf, Your going to potentially limit yourself if you only choose NGC slabbed coins. However if that is what makes you most comfortable go for it. NGC is one of the top 3 tier TPG's. When I first started out I pretty much just bought slabbed coins. Now I rarely do and if I do I typically end up cracking them. For me I prefer to be able to hold my coins when looking at them under magnification. Plus I enjoy putting my collection in albums. You can't do that with slabbed coins. |
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Valued Member
United States
130 Posts |
There are some coins I'll want to own that would be better bought in a slab rather than test my ability to detect condition or if counterfeited. But, I'll break it out once I have it if I want it to go in an album. Gold would be an exception or if I really went crazy and bought a coin well over $1000 - then, I might leave is as is, in the slab.
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Pillar of the Community
United States
1541 Posts |
I've bought slabbed coins for my type set but when the time comes I'll be cracking them out. It might be better you don't limit yourself to one TPG. If you see a really nice example in PCGS you might be tempted, I guess you could always resubmit to NGC but at a cost. |
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Pillar of the Community
 United States
1304 Posts |
I chose NGC because of the cost and they seem to hold there value better. I'm putting togather the type set in certified coins because this way I can be reasonably sure of their authenticity and grade. The long term storage in the holder is another aspect that I like. Please more comments
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Valued Member
United States
226 Posts |
Quote " I can be reasonably sure of their authenticity and grade " I recently heard the NGC has been compromised by chinese fake masters, so I'm not sure that you can really trust any TPG. It is truly a sad situation. |
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New Member
United States
14 Posts |
Like others have said, I don't really buy slabbed coins. The few that I have bought aren't top tier TPGs so I cracked them and put in my books. The slabbed ones I did get I bought for what I thought the grade actually was.
I do have one I kept in the slab because it is sealed nicely and appears to be graded correctly.
I really prefer to buy raw Morgans.
Busthalf - what does NGC charge per coin?
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Pillar of the Community
United States
749 Posts |
Im a little confused on what a 'type set' is? Is it something other than a set..;such as a set of Jefferson nickels , all mint marks from 1938-present and then another set would be Buffalo set 1913-1938? |
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Bedrock of the Community
United States
12437 Posts |
Lucky,
a type set is a collection of each major design and composition change for a particular denomination or all denominations.
For instance, Lincolns would have a 1909 VDB, 1909-1958 Wheat Ear, 1943 steel, 1959-1982 copper Memorial, and a 1982-present zinc Memorial for a total of five Lincoln type coins.
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Pillar of the Community
United States
749 Posts |
Ok Thanks  |
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Pillar of the Community
United States
1130 Posts |
quote:
Quote " I can be reasonably sure of their authenticity and grade "
I recently heard the NGC has been compromised by chinese fake masters, so I'm not sure that you can really trust any TPG. It is truly a sad situation.
It's not foolproof, but at least it is another step or process they need to worry about when trying to sell fakes. I'm going to get all my rare/keys slabbed for ease of selling if and when I do so. |
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Pillar of the Community
United States
986 Posts |
What I don't understand is why you are limiting yourself to NGC, since it seems like an extremely silly thing to do. All TPG's have overgraded and undergraded coins in their holders. The key is knowing how to grade for yourself and being able to discern which coins are problem-free and which ones aren't. |
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Pillar of the Community
Canada
1267 Posts |
Busthalf, since you are starting a type set I would agree with buying the coins already slabbed......there is no way of becoming familiar enough with each series to buy raw. That said, why limit yourself to the coins in ngc holders? You almost triple your choices by including pcgs and anacs as well. Also, pcgs coins will hold their value better than ngc or anacs.
What type of set are you looking to put together? NGC has multi-coin holders for smaller sets (like date) that would look pretty cool and keep the plastic to a minimum.
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Pillar of the Community
United States
1304 Posts |
I chose NGC over PCGS and ANACS mainly due to cost of purchase and grading reputation. NGC was cheaper to purchase than PCGS and their grading reputation was better than ANACS.
The type set I'm putting together is based on different design changes not metal content.
KEEP THE COMENTS COMMING
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Replies: 20 / Views: 2,397 |
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First Page
Posted 01/28/2008 9:51 pm
