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 Replies: 18 / Views: 2,864 |
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Pillar of the Community
United States
2077 Posts |
Whenever I see an NNC slab, it usually contains a coin that has problems. Yesterday there was an ebay listing for an 1839/6 large cent and the coin clearly had beaded hair cords. The date coincidentally looked like 1839/6, but that was because of PMD. Anyone evaluating the coin should have looked at all the attributes. This is one that can be attributed using the RedBook. So is NNC "real" or is it where you send problem coins to have them "certified"? Is there any governing body over TPgs, or do they only stand on their reputation? |
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Bedrock of the Community
United States
36745 Posts |
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Moderator
 United States
23522 Posts |
Quote:
So is NNC "real" or is it where you send problem coins to have them "certified"? Is there any governing body over TPgs, or do they only stand on their reputation? No, they're not "real." They have a website, but nobody considers them "real" No, there is no governing body regulating TPG's. That's why anyone with a few Coin World slabs and an inkjet printed can set themselves up as a "TPG." Yes, they stand on their reputation. The ones which can, at least. |
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Pillar of the Community
 United States
2077 Posts |
Thanks Dave. I'm obviously passing on his 1839/6 LC. Thing is, the same seller has an 1834 N-5 also in an NNC slab. I'd hate to buy it, remove it from the slab and find out it's an 1834 N-6 glued to an 1835 N-1!
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Bedrock of the Community
United States
17884 Posts |
Yes they are real, just not good. No there is no "governing body" for TPG's and they do have to stand on their own reputation. Also don't trust the TPG's for attributions with the possible exception of SEGS. Even the top two companies blow the attributions too often to be trusted. You MUST verify all attributions yourself. |
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Pillar of the Community
United States
2077 Posts |
Hi Conder101- Agree totally. The 1834 N-5 looks right except the wear on the obverse is much greater than the reverse. I'm kinda' joking about it being two coins glued together, but that might be the case!
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Rest in Peace
United States
10625 Posts |
NNC is actually an SPG (Same Party Grading) In order to qualify as a TPG you can not sell coins. I may be mistaken, but isn't Robert Johnson both the president of NNC grading and Centsles on ebay? |
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Bedrock of the Community
United States
20753 Posts |
If your do a Google search using TPG's for a subject, you would see there are lots and lots and lots of them. Possibly even more if you include the basement TPG ers. Lots of people use them since they do look authentic and professional. Easy way to sell almost anything. |
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Moderator
United States
23522 Posts |
Quote:I may be mistaken, but isn't Robert Johnson both the president of NNC grading and Centsles on ebay? You're correct. |
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Pillar of the Community
Israel
2420 Posts |
Aside from over-grading, would you trust the authenticity of coin which are slabbed by NNC?
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Pillar of the Community
United States
2077 Posts |
Well based on the example I saw listed yesterday where an 1839/6 large cent was clearly not an 1839/6 large cent, I'd say no.
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Pillar of the Community
United States
2077 Posts |
I do now. I'm also interested in any R-4 or scarcer middle date large cent.
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Bedrock of the Community
United States
17884 Posts |
Quote:
Aside from over-grading, would you trust the authenticity of coin which are slabbed by NNC? Quote:
Well based on the example I saw listed yesterday where an 1839/6 large cent was clearly not an 1839/6 large cent, I'd say no. That has nothing to do with authenticity. The coin is misattributed as a 39/6 but that doesn't mean the coin is a fake (not authentic). |
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Pillar of the Community
United States
2077 Posts |
Yes, technically that is correct. It looked authentic to me. Still just as bad. Grading is somewhat subjective, but attribution mistakes should not happen.
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Bedrock of the Community
United States
17884 Posts |
Agreed, but unfortunately they happen all too often.
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Locked
822 Posts |
Quote:In order to qualify as a TPG you can not sell coins. But you CAN be the one that authenticates the exact coins that you sell. Imagine you own a unique error coin and another one like it comes in the door to be certified. Can you say "questionable authenticity" .... |
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Replies: 18 / Views: 2,864 |
Posted 06/03/2013 11:45 am
