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 Replies: 52 / Views: 4,170 |
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Valued Member
 United States
56 Posts |
The return shipping is fed ex, I didnt get the coin back yet but it says i'll get it today or tomorrow. I did the 5 day grading and express shipping there, I needed the coin back by Oct. 2 if I wanted to take it back to the guy. I heard that if you get a coin graded by ANACS instead of NGC or PCGS that it would be worth less. Now, seeing that my dime is obviously not a FR2, does it really matter who graded it? If they graded it a G4 or something, I could see it being somewhat up for debate, but its obviously not overgraded.
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Pillar of the Community
United States
4418 Posts |
Quote:
... they should have AG 2.5 or something. This reminds me of an experience I had a few years ago. I was at the FUN Show and sat down at the ANACS table with Mike Fahey. I first showed him a PCGS slabbed '16-D, graded AG-3. He concurred with that grade, Then, I showed him an ANACS graded one that was also designated AG-3. As the second coin appeared significantly superior, and some experienced dealers had concurred with my observation that the ANACS coin was under-graded, I asked Mr. Fahey his opinion. His reply was that this second coin was a 3.8 !  I cracked the coin out, and a dealer bought it at Good bid. The coin that started this thread is likely one that ANACS would consider a 3.6 ...  |
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Bedrock of the Community
United States
20753 Posts |
To late now but I see no reason for you to have sent it in for grading and slabbin. Just a lot more money and from all the replys you got, no one even suspected it to be a fake.
Not sure where you put your coins but if that one was mine, out of the slab and into an album. I collect coins, not plastic.
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Pillar of the Community
United States
4132 Posts |
I don't live inside a piece of paper, but I still think it's a good idea to insure your home. The 1916-D is one of the most counterfeited coins there is, and some of the fakes are pretty sophisticated. It's worth it to send it in.
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Valued Member
United States
56 Posts |
I just didn't want to take a chance, seeing as it is such a faked coin. The guy I bought it from doesn't have a coin shop, he only goes to shows and swap meets. The only time I knew for a fact I could find him was on the 2nd of October at a certain coin show, so I wanted to hurry up and get it authenticated. I'd rather be safe than sorry.
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Pillar of the Community
United States
4418 Posts |
While this oldtimer certainly appreciates having a coin in hand and seeing those key dates in an album, the '16-d's and other key coins virtually demand certification in today's marketplace. Given this and the circumstances of your purchase, brew_crew011, IMHO, you made a wise move. Over the years, I've met some collectors who unknowingly had faked, key coins in their albums/collection for many years. It was only when they were at or near the point of selling their coins that the sad truth was realized.
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Bedrock of the Community
United States
20753 Posts |
Quote:
While this oldtimer certainly appreciates having a coin in hand and seeing those key dates in an album, the '16-d's and other key coins virtually demand certification in today's marketplace. Given this and the circumstances of your purchase, brew_crew011, IMHO, you made a wise move. Over the years, I've met some collectors who unknowingly had faked, key coins in their albums/collection for many years. It was only when they were at or near the point of selling their coins that the sad truth was realized. Completely true. It happened to someone I met that was a collector and dealer for well over 50 years. And it was that coin too. I would think that there are many collectors with fakes in their collections right now and just don't know. |
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Bedrock of the Community
United States
10635 Posts |
If I had bought a 16-d a decade or so ago for a couple of hundred bucks and it has been sitting in my collection and I had no intention of selling it ever, I don't know if I'd want to know if it was fake or not, lol.
Les
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Valued Member
United States
56 Posts |
I would honestly feel sick to my stomach if I waited and found out it was fake before I sold it. The question I really have though is if there is a price difference in a NGC/PCGS coin compared to an ANACS graded coin if its obvious that its graded the same as any other company would.
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Bedrock of the Community
United States
20753 Posts |
Quote:
The question I really have though is if there is a price difference in a NGC/PCGS coin compared to an ANACS graded coin if its obvious that its graded the same as any other company would.
Unfortuately yes. I've mentioned this many times. At coin shows I've heard dealers many times say "Of course this one cost more. It's in a PCGS slab" NGC also does bring a bit of a premium but for now you just can't beat that PCGS name. Very possibly makes no difference in the coins but it is sort of like buying a Farrari. The name alone means more money. Same with many items. If you hear the name Nicon in cameras the normal reaction is great product and expensive. |
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Bedrock of the Community
United States
10635 Posts |
I wouldn't give Two Cents for a Nicon or a Nikon camera. But with the older German Leica camers, now you are speaking quality! But Carl, your point is well taken, and you're right... the name is everything!  Les |
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Valued Member
United States
315 Posts |
I have seen one week everyone is NGC the next, it is PCGS. As for me, if I plan to crack it out, then I go with ANACS. ANACS are easier to crack out and less expensive. If I plan to keep it for later resell or long term, than it is PCGS or NGC. Some TPG have similar initials to try to confuse you into thinking that they are Tier 1. |
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Rest in Peace
United States
10625 Posts |
Put some AGFA film behind that Leica lens & you got something...
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Pillar of the Community
United States
5832 Posts |
AGFA film.
I haven't heard that one for a while since I left my job 10 years+ ago. If you can still find them in normal usage.
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Bedrock of the Community
United States
10635 Posts |
AGFA film was too unstable batch to batch for professional use. Kodak was the clear leader for colour photography and Ilford for B&W work (Ilford used more silver).
Les
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Replies: 52 / Views: 4,170 |
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Posted 09/22/2011 1:54 pm
