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NGC Complaints....again!

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benchede's Avatar
United States
112 Posts
 Posted 04/25/2010  1:43 pm Show Profile   Bookmark this topic Add benchede to your friends list Get a Link to this Message Number of Subscribers
Sent in 4 CC Morgans to be graded by NGC. What I got back (after 7-weeks) was each coin was graded identical, with no numbers. my 1879cc says VG Details, harshly cleaned; 1890cc-1892cc and 1893cc all read "VG details, imp.cleaned. Doesn't certifiers give numbers anymore, like VG-2 or 4 or whatever? To me NGC is saying all 4 coins are VG, and thats it. I know I'm still new at collecting, but these certifications just don't "seem right".
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/25/2010  2:01 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
NGC doesn't assign numerical grades to Details-graded coins.
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biokemist6's Avatar
United States
12437 Posts
 Posted 04/25/2010  2:02 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
You submitted four coins that ended up having problems, hence the adjectival grades. If the coins had been problem free, you would have gotten the normal numerical grades.
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benchede's Avatar
United States
112 Posts
 Posted 04/25/2010  2:20 pm  Show Profile   Bookmark this reply Add benchede to your friends list Get a Link to this Reply
SUPER DAVE: you stated that NGC doesn't assign numerical grades in the VF status.
Does that mean that PCGS does?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/25/2010  2:39 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
There's something you're missing here. Your coins were not gradable - they were cleaned. I've seen ANACS assign numerical grades to cleaned/damaged coins, but NGC and PCGS (the "Genuine" holder) do not.

Had your coins been undamaged, they'd have received a normal numerical grade.
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benchede's Avatar
United States
112 Posts
 Posted 04/25/2010  3:03 pm  Show Profile   Bookmark this reply Add benchede to your friends list Get a Link to this Reply
Dave: you originally didn't mention other certifiers. You commented on NGC's certifications only. I than questioned what PCGF would do, since I have never used them, nor ANACS, and now I understand. Another important thing I have learned, never,never buy coins from Aantv in paper slabs. Unless its in my hand, I won't consider it.Thanks all.
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oimcoins's Avatar
United States
149 Posts
 Posted 04/25/2010  3:14 pm  Show Profile   Bookmark this reply Add oimcoins to your friends list Get a Link to this Reply
Right, NGC will assign only the base grade for problem coins
VG would only be VG8 or VG10 so I don't see that being a big deal.

PCGS wouldn't even say what grade it is, just that it is genuine or not

ANACS will assign a numeric grade to nearly any problem coin.

I don't really see any issue here at all, NGC is saying they have been cleaned but have the details of a VG coin. Whether it is VG8 or VG10 doesn't really matter.
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benchede's Avatar
United States
112 Posts
 Posted 04/25/2010  3:44 pm  Show Profile   Bookmark this reply Add benchede to your friends list Get a Link to this Reply
There was an issue(A CLEANING AND GRADING ISSUE) and the main issue is being a new collector and having problems(ISSUES) and not knowing everything you experienced collectors know. I'm learning all the time, and when I write the forum with an "ISSUE",I'm seeking knowledge by asking questions. And when other new collectors read our "ISSUES", they also learn, which is why were all here, isn't it?
Again, thanks for all the answers and info fellow members.
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wheatguy's Avatar
United States
1534 Posts
 Posted 04/25/2010  6:26 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
Then I suggest you research and look at as many coins as possible, to get a feel for altered, cleaned, etc coins. Before purchasing coins research that certain series and look at as many coins as possible and you have a much higher chance of not getting burned.
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benchede's Avatar
United States
112 Posts
 Posted 04/26/2010  10:15 am  Show Profile   Bookmark this reply Add benchede to your friends list Get a Link to this Reply
Very true. And as I said, I will never purchase a coin(s) from a TV show again.
Thanks.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/26/2010  10:30 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Very true. And as I said, I will never purchase a coin(s) from a TV show again.


Heh. You are a member of a large and illustrious club, having found out the hard way about purchasing coins from TV. I'd be lying if I said I wasn't a member of that club myself.
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busthalf's Avatar
United States
1304 Posts
 Posted 04/27/2010  02:16 am  Show Profile   Bookmark this reply Add busthalf to your friends list Get a Link to this Reply
I think we all have learned the hard way not to purchase coins off tv
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benchede's Avatar
United States
112 Posts
 Posted 04/27/2010  6:41 pm  Show Profile   Bookmark this reply Add benchede to your friends list Get a Link to this Reply
Trust nothing but your eyes.
Thanks.
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 04/28/2010  09:31 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
Buyer beware. That's why I don't buy coins unless I see them...
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The return of Coincrazed's Avatar
United States
171 Posts
 Posted 04/30/2010  6:47 pm  Show Profile   Bookmark this reply Add The return of Coincrazed to your friends list Get a Link to this Reply
NGC is excellent. That's why I love them. If they said it was cleaned, it probably was. They grade harshly, and I tend to grade the same way. - coincrazed
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wheatguy's Avatar
United States
1534 Posts
 Posted 04/30/2010  9:37 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
No offense Coincrazed, but I don't think it will help you to have closed eyes to the other TPG's.

Imagine this scenario. You see a very nice PCGS G-4 1916-D Mercury dime at a very reasonable price. With your "very strict and harsh grading skills" would you pass the PCGS coin up, even though you know the coin will get the same grade from NGC?

I personally favor PCGS, but when I look for a certain coin, if it is in an NGC slab I will consider equally as if it were graded by PCGS. I make my own decision based on my opinions and coin, not on the grade the TPG gave it.
Edited by wheatguy
04/30/2010 9:37 pm
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