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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins

Interesting | National Grading Service Company

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AMFCook
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312 Posts
 Posted 03/14/2010  11:41 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list Get a Link to this Reply
I've had quite the email exchange with this seller over his "NGSC" coins. He's been to a few coin shows, doesn't have much knowledge of coins at all, and thinks he has the expertise to grade coins.

I suggested he take all those "NGSC" coins to an experienced dealer, or send them in to a reputable grading service, and I mentioned ANACS, PCGS, and NGC to him, and see what they actually will grade for. I gave him the link to numismedia.com, and also recommended Yeoman's Red Book to him to get an idea of fair market price for his coins.

I told him I hope he has genuine coins issued by the US mint, and wished him luck, but also cautioned him that he would kick himself in the rearend if he sold a genuine 1884-S Morgan MS-68, numismedia.com valued one for $937,500.00, for a mere $2300.00.

Hopefully he takes my advice.
Edited by AMFCook
03/14/2010 11:44 pm
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benchede
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 Posted 03/15/2010  04:51 am  Show Profile   Bookmark this reply Add benchede to your friends list Get a Link to this Reply
Gee, I want that 1895o in MS68.....dang, what a con!!
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