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Anybody Have Any Coins In Nci Slabs? ..... Who Are/Were This TPG?....

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slapsshot's Avatar
United States
84 Posts
 Posted 09/30/2018  07:02 am Show Profile   Bookmark this topic Add slapsshot to your friends list Get a Link to this Message Number of Subscribers


I have a 1928 Saint I got on the cheap and I can't seem to find any info related. Its seems to be accurately graded, it looks like they grade both sides (?) of coin.

Should I break it out or is NCI accepted?

Thanks for input
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999fine's Avatar
United States
1346 Posts
 Posted 09/30/2018  07:06 am  Show Profile   Bookmark this reply Add 999fine to your friends list Get a Link to this Reply
Picture please...
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slapsshot's Avatar
United States
84 Posts
 Posted 09/30/2018  07:27 am  Show Profile   Bookmark this reply Add slapsshot to your friends list Get a Link to this Reply

Anybody-Have-Any-Coins-In-Nci-Slabs?-.....-Who-Are/Were-This-TPG?....


Anybody-Have-Any-Coins-In-Nci-Slabs?-.....-Who-Are/Were-This-TPG?....


Sorry, not my best photos
Edited by slapsshot
09/30/2018 08:03 am
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JimmyD's Avatar
Canada
21586 Posts
 Posted 09/30/2018  09:01 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
NCI is a former grading company that is no longer in business.
I don't think that breaking it out will hurt the value.
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Crazyb0's Avatar
10197 Posts
 Posted 09/30/2018  11:28 am  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Keeping it in the third party slab won't increase a value either without the paperwork referred to on back of slab. Only then may a collector of oddball slabbed coins jump big. Crack it and resubmit if you so choose, may lose a grade, but worth it overall?
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SilverDollar2017's Avatar
United States
8715 Posts
 Posted 09/30/2018  12:02 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
I'd keep it in the slab just because it looks cool.
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Earle42's Avatar
United States
10034 Posts
 Posted 09/30/2018  12:48 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
You never know, one day the old slabs themselves may be highly sought after over the coin that is inside them. To a degree this happens nowadays when people want to collect, for example, a set with all the same type of special labels (marketing ploy that works) used by TPGs. Hobbies don't need to make logical sense.

When you consider a person can get rich selling pet rocks, or a business can get rich selling Beanie Babies, you never know.
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basebal21's Avatar
13014 Posts
 Posted 09/30/2018  1:38 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
You never know, one day the old slabs themselves may be highly sought after over the coin that is inside them.


There already is a market for that. The problem with this one is the big gold coin inside already makes it expensive which will chase off some of the slab collectors.

That said I would leave it in the slab it's in unless I was going to send it in to a current TPG. The slab won't hurt it and there me be a slab collector willing to pay a small premium for it
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Spence's Avatar
United States
34396 Posts
 Posted 09/30/2018  2:11 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
I'm not a big fan of slabs, but I agree with @basebal21 and @earle42 that unless I was going to re-submit it, I might leave this one alone in its current tomb.
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slapsshot's Avatar
United States
84 Posts
 Posted 09/30/2018  5:06 pm  Show Profile   Bookmark this reply Add slapsshot to your friends list Get a Link to this Reply
Thanks to all for the input...I'm really in no rush to crack it out, just wanted some other thoughts. From further research, I think NCI was part of Heritage Auctions, back in the day when telemarketers would sell these before the internet took over.

Again, thanks to all
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Conder101's Avatar
United States
17884 Posts
 Posted 10/01/2018  09:36 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
NCI was begun by Jim Halprin back in 1984. (The NCI grading guide states NCI began in 985 but the first generation of certificates are dated in 1984. ) Jim was also one of the founders of Heritage. While they claim their was no connection between the two firms, I find that somewhat suspect since they were both owned by the same person, both dealt extensively with coins, and were both located in the same building. NCI was also the first TPG to actually publish their own grading guide. If I remember off the top of my head NCI issued eight generations of photocertificates and one generation of slab. Five varieties of photocertificate were produced in 1987 and there is some overlap in usage dates. The slab was issued in conjunction with the 8th photocertificate variety in 1988 and 89. Then the certificate was phased out. NCI closed their doors in 1992.

Back during those years NCI was considered the joke TPG, rated lower than Accugrade. Once they closed their door ACG then became the industry whipping boy. Oddly though for a long time the Coin Dealers Newsletter had a box on one of their pages rating four or five services giving for each what percentage of sheet price each would bring. I believe they listed PCGS, NGC, ANACS, and NCI. Usually NCI was rated higher than ANACS. I always found that interesting because this was going on eight to ten years after NCI went out of business and their slabs were seldom seen in the marketplace. It seems odd that they would be rated so highly when they were considered bottom of the barrel while they were still in business.
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slapsshot's Avatar
United States
84 Posts
 Posted 10/01/2018  09:46 am  Show Profile   Bookmark this reply Add slapsshot to your friends list Get a Link to this Reply
Wow....thanks for all of the info Conder....I had found there was some Heritage connection, not to that extent, so thank you.

I find the confliction of grading the same coins you are selling still remains today....
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