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 Replies: 8 / Views: 1,484 |
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Valued Member
United States
238 Posts |
I usually avoid basement slabbers like a plague but I saw this last night on the bay and was able to get it for only $5. 1) What do you think NTC (Numistrust Corporation) gave this coin? 2) What do you think this coin would be graded by a reliable TPG? Be honest! Thanks again for your time!   |
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Pillar of the Community
United States
4212 Posts |
From ebay guides: " Watchout!! When you purchase a coin that has been graded and slabbed by NTC you ARE buying an overgraded coin. I paid many hundreds of dollars for a "rare" Morgan dollar from the late eighteen hundreds that was minted in New Orleans. It was graded and slabbed as a MS67 by NTC. It should have been worth thousands but it wasn't. It was worth about 75 dollars!! OUCH!! It was grossly overgraded ( it was actually a MS 63 )." I cant grade these worth a darn, but hope this helps (or not). |
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Pillar of the Community
United States
4337 Posts |
you would like to think that it's a low MS w/FB grading but I am not sure what a PCGS or NGC would say due to what looks like fingerprints to me on the reverse...that might not be natural "mint state toning" but rather someone's greasy paws leftovers that cause that tarnishing over the course of time...thats why we wear gloves!
I will guess those fools at "NTC" told you it was an MS67 w/FB
I am saying CH AU GEM++ with finger grease, not mint state toning...
keep in mind I am not that good at this and learning myself so no offense meant!
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Pillar of the Community
United States
9792 Posts |
Yep I'm in the NTC grade of MS-67FB at least, they really are a basement bottom grading company from what I've seen in my past with coins in their holders at shows. Always sad to learn of people being dupped into paying close to retail for them when the coins are obvioulsy a lot worse that they represent them to be in their holders from any current market standards. Today at a top TPG company? Maybe MS-64 tops. I don't see any wear from breaks in the luster, the spot of carbon on the obverse is troubling and will turn even worse over time I think. The coin looks like a technical MS-65/66 save for the spot, that will keep it down almost 2 points IMO. The bands look split but not fully rounded enough to make FSB, maybe a FB designation however. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
4337 Posts |
one last thing, almost goes without saying, one HECKUVA buy at $5, in a holder...
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Pillar of the Community
United States
8517 Posts |
For five bucks that's a dang nice dime !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Valued Member
 United States
238 Posts |
NTC actually had it in a MS66 FB slab  When I bought it, I was thinking it was in the MS-63/64 range with a chance of being an AU-58 slider.   |
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Bedrock of the Community
United States
36782 Posts |
For $5 you got a great deal. It's an easy MS64
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Pillar of the Community
United States
1721 Posts |
Nice score as long as shipping was not 10 dollars.
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Replies: 8 / Views: 1,484 |
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Posted 12/19/2012 2:49 pm
