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

Will This Coin Receive A Grade From NGC?

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Author Previous TopicReplies: 2 / Views: 1,134Next Topic  
Sukardnam
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 Posted 07/06/2009  1:06 pm Show Profile   Bookmark this topic Add Sukardnam to your friends list Get a Link to this Message Number of Subscribers
Hey folks, I've placed this coin up in the grading forum before and gotten the sugestion to send it into NCS for some preservation work. My question is if I sent it to NGC instead do you think it would come back graded or ungradeable?

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Jaobler
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 Posted 07/06/2009  1:50 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
This looks like an EF-45 or maybe even AU-50 coin with significant corrosion/environmental damage. I don't think NGC would slab it. NCS would "conserve" this coin to stabilize the corrosion, hopefully preventing it from getting worse. I think the value of the coin (and the risk of having the corrosion continue) certainly justifies sending it to NCS.
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SsuperDdave
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 Posted 07/06/2009  2:03 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I wholeheartedly agree with Jaobler. An NCS slab is perfectly acceptable in the marketplace, and although the value as a "bodybag" coin would be reduced, it would still carry the authentication endorsement of a reputable TPG.
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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins



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