NGC Graded Coins - Page 2 - Coin Community Forum

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Author	Replies: 22 / Views: 3,074	Page: of 2

chrsmat71 Pillar of the Community United States 4964 Posts	Posted 02/26/2013 5:08 pm i grade them at awesome, awesome, and rockin' awesome......look really nice (hope they're all real). by the way I offer a coin grading service, my fees reasonable, here is an example of my work. Report this Post to the Staff
bobbyhelmet Pillar of the Community United Kingdom 2838 Posts	Posted 02/26/2013 5:24 pm If I ever want grading and slabbing done your the man for me Report this Post to the Staff
DVCollector Bedrock of the Community United States 10045 Posts	Posted 02/26/2013 5:32 pm Chrsmat71. You're welcome to grade any coins I post to CCF! I'm not big on slabbing ancients myself, but I totally understand why w00zi is doing it. Report this Post to the Staff
FVRIVS RVFVS Pillar of the Community United States 3439 Posts	Posted 02/26/2013 6:47 pm I understand why also. I had the same thought myself when I saw how much the people on ebay were asking. $200 coin asking $500. Sounds like a nice way to raise cash (to buy more coins !) But I don't see the ones on my watch list going anywhere. I wish him well in fact but I have my doubts about how long it takes to sell them this way. Might be more reasonable to make a small mark up and move the stuff rather than own them for years waiting for a 'sucker'. Report this Post to the Staff
w00zi Valued Member United States 168 Posts	Posted 02/26/2013 7:00 pm Here is how NGC determines strike and grade http://www.ngccoin.com/ancients/grading.aspx. And that is exactly what I am planning on doing, small mark up to cover the cost of grading and the coin with a 20% profit. For example, I paid $40 for the Caracalla and cost of grading was $35. I'll have no problem selling it on ebay for $100-$120, the average asking price for a coin in this grade is $200 . I'll let you all know how it goes. Edited by w00zi 02/26/2013 7:09 pm Report this Post to the Staff
bobbyhelmet Pillar of the Community United Kingdom 2838 Posts	Posted 02/26/2013 7:31 pm Thanks for the info w00zi, fascinating reading. I wish you luck, I genuinely do, nothing wrong with testing the market, keep us informed and good luck -------------------------------------------------------------------- I would now though like to continue my life-long love of bashing TPGs My favorite quote from the site: Quote: Coins of exceptional appeal are eligible for a Star designation, a feature introduced in 2001 by NGC that has since become a valued aspect of NGC-encapsulated US coins. huh - who decides what 'exceptional' and 'appeal' are! Even pretty coins are not loved by everyone, eye appeal is so subjective and is 'pretty' or 'unusual' more appealing than 'rare' or 'historic'. Reading the BS in the above link I honestly believe somebody with absolutely zero experience of ancient coins has designed their system, its truly beyond belief that they: A. Can present this stuff with a straight face B. Dare to actually charge for it C. Think the huge ancients market spanning 25 centuries can be put into a neat box just like 200 years of US coins. Sel, with probably 5 minutes of thinking came up with a better system! I don't know if I should laugh or cry as some predict this is the future of the hobby, if it is I'm leaving to collect something that cant be slabbed. The only positive thing is that this system is so pathetic surely it cant take off? Imagine if they had actually done their homework, had spoken to ancient collectors and had looked at what David Sear does, maybe then slabs could have a chance at being the future! Report this Post to the Staff
FVRIVS RVFVS Pillar of the Community United States 3439 Posts	Posted 02/26/2013 9:10 pm I had not intended any offence on my comments about reselling for a profit. I had assumed the Caracalla to be a minimum $100 coin to start with (if not much more !) and so figured that you would need over $200 to make a nice showing after the expences. By the way if you can get coins like that for $40 ..... I am green with envy ! Report this Post to the Staff
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