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 Replies: 20 / Views: 5,660 |
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Pillar of the Community
 United States
1026 Posts |
Thanks here are pictures the front you can see the spot on the bottom edge front right below the 2 in 2006. The back ones did not show and are lighter but the same type. The back you can see one spot on the shoulder of the buffalo with mre starting you can see in this photo. I will not do anything for now wait and see what you experts recommend here goes trying to get the the picture inserted. http://cedarcreekrvclub.com/Proof-F.jpghttp://cedarcreekrvclub.com/Proof-B.jpgEdited by Brucec
08/05/2008 10:09 am
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Pillar of the Community
United States
1026 Posts |
Will these spots hurt he coin's grade?
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Pillar of the Community
United States
6326 Posts |
Brucec.....Did you buy this from the U.S. Mint originally ? Or from a dealer/internet purchase...Ebay/etc.. recently ? Has it ever been opened ? Or out of it's original packaging ?(airtight seal)? Is/has this coin been kept in a Safety Deposit Box or a Safe/vault at home the whole time? Under the bed ?...  Or what type of environment has it been kept in for the entire life of this coin so far? And I would say.....YES....these "spots" will hurt the grade.... 
Edited by eaglefoot
08/05/2008 11:41 am
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Pillar of the Community
United States
1026 Posts |
I bought five of these from the US Mint in 2006
They have been all kept in my safe it is 5 feet tall and 2.5 feet deep with moisture control.
They have never been taken out however I know this one is not sealed because I just pulled a Lotte on the coin holder and it moved and would come off did not try the other four.
At this time this is the only one doing this.
They have been in the safe since 2006 took them out to get graded.
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Pillar of the Community
United States
1026 Posts |
Just put the other ones in mailing box but waiting to see what I do with this one.
I did try moving the coin holders on the other 2006 gold proofs and they also move the two parts move so these are not in air tight sealed containers as I thought.
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Pillar of the Community
United States
1130 Posts |
If you don't mind me asking... why are you getting them graded ? I was buying some modern bullions a few months ago and this is what I noticed. 1) For common dates, there is no price difference between raw or MS/PR 68-69 2) There is a small premium (maybe 10%) if you get a 70. 3) Dealers don't care if bullion coins are raw or slabbed. They buy at the same price. 4) The exceptions are the key dates like the 1996-W SAE proof or coins with very low mintage. Your chance of getting a 70 is usually 1 in 10 (or more) and is almost 0% with those spots, so I suggest saving your money and leave it in the original holder. It will cost you at least $150-200 for grading fees, postage and insurance for $5000 (both ways). IMO, you will not get your return on investment by sending it in for grading. Here is a recent ebay closed auction. http://cgi.ebay.com/NGC-ms70-First-...50_W0QQitemZ190241483576QQihZ009QQcategoryZ139963QQssPageNameZWDVWQQrdZ1QQcmdZViewItem http://cgi.ebay.com/2006-BUFFALO-FI...70_W0QQitemZ290250219573QQihZ019QQcategoryZ139963QQssPageNameZWDVWQQrdZ1QQcmdZViewItem Edited by 1sikevo
08/05/2008 2:46 pm
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Pillar of the Community
United States
1026 Posts |
Well these are 1st year Proof Coins. I do not care about the value as all my coins will get passed onto my kids when I am no longer here and maybe there kids.
Anyway I feel since these are more than bullion coins being the proof version it is to be nicer? Also being the 1st year these were made 1st year new coins usually grow in value I have been told.
Anyway I just want to try and keep these nice and in original condition for then next 50 years o longer if the get passed down to the grand kids.
Also they arenot bullion coins I paid over $ 100.00 more to the US Mint for the W Mint and proof coin.
I did call NGC they said that it will be worth sending to get graded but that one should be sen 1st to NCS for the cleaning then it will come to NGC to be graded.
Dumb question new guy here who is NCS are they part of NGC?
Edited by Brucec
08/05/2008 6:50 pm
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Pillar of the Community
United States
1130 Posts |
NCS is the same company as NGC.
NCS does the "conserving" (cleaning) and grading of problem coins.
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Bedrock of the Community
United States
12437 Posts |
Not quite the same company, but NCS is a sister company of NGC. NCS will slab problem coins with a details grade in a similar fashion to ANACS but they will also conserve coins that have the potential to be improved enough to get into NGC plastic with a regular grade.
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Pillar of the Community
United States
1026 Posts |
Well waiting for them to mail me the forms then I will mail them all into NGC and one to NCS.
Thanks to everyone for your help love this message base!
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Pillar of the Community
United States
1026 Posts |
Well I do not know why when I called ANACS they did not know about or inform me of NCS, they just said no we do not clean coins just grade them I told them the entire story.
I called NGC and they were very nice and right away told me about NCS and said to send it there and they would then give it to NGC.
So guess I will use NGC for all my coin grading now they are the only ones I use so far anyway sent about 20 mixed Indian gold coins to them awhile ago.
I see for all modern coins think it was after 1977 sent to NCS they only charge one flat fee for everything think it was about $ 25.00 not bad.
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Pillar of the Community
United States
1026 Posts |
Again thanks to everyone for taking your time in helping me with this problem.
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Bedrock of the Community
United States
12437 Posts |
Quote:
Well I do not know why when I called ANACS they did not know about or inform me of NCS That is because NGC/NCS would be a competitor of ANACS  I see now that they only charge $22.50 for conservation and then NGC grading with all moderns 1970 and later, not too bad of a deal  |
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Pillar of the Community
United States
1026 Posts |
Well also do not understand why ANA has in writing that NGC is the official grading company for ANA when they grade coins themselves under ANACS. |
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Bedrock of the Community
United States
12437 Posts |
The American Numismatic Association has absolutely nothing to do with ANACS anymore. They divested themselves of the TPG in 1990 and it is on its third owner since then. In 1989 ANACS discontinued issuing photo certificates and began encapsulating coins in plastic holders. A year later, the ANA board of governors sold ANACS to Amos Press, publishers of Coin World. In March 2005, Anderson Press purchased ANACS and in December 2007, ANACS was acquired by Driving Force, LLC, of Colorado.
http://www.anacs.com/contentPages/History.aspx |
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Posted 08/05/2008 10:10 am
