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Replies: 23 / Views: 5,841 |
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Valued Member
United States
234 Posts |
Saw this slab on ebay It's a new one on me looks very ugly 161718602956I can't post pictures since I do this through my phone Edited by Brian34Jersey 06/02/2015 5:01 pm
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Pillar of the Community
United States
937 Posts |
Edited by Tryna 06/02/2015 12:20 pm
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Pillar of the Community
United States
7390 Posts |
NAC= Non-Authenticated Certification 
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Pillar of the Community
United States
7390 Posts |
(052) Not Allowed - Auto-Removed .com/Coin_Help_Blog/the-top-coin-grading-services-to-avoid-like-a-disease/
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Pillar of the Community
United States
1566 Posts |
Just another basement slabber. These are what I call McSlabs.
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Moderator
 United States
23522 Posts |
Yeah, they've been around for a while. Probably an ego thing for one guy like NNC.
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Pillar of the Community
1153 Posts |
If I remember right, all NAC "coins" are graded MS 67
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Pillar of the Community
United States
4469 Posts |
My records show that I bought a 1891 S Morgan in a NAC slab graded MS66 for $59 dollars. A real discount considering a NGC graded MS66 is valued over $5000. It was a nice looking coin, and the coin looked like it could grade MS, so I cracked it out and I sent it into NGC and it graded AU58.
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Valued Member
United States
156 Posts |
Yikes. Every once in awhile a "gutter grader" will surface. Thats why it pays to educate yourself early.
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Bedrock of the Community
United States
20753 Posts |
Can you picture that now. Someone at a coin store saying WOW, it was graded by NAC  
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Pillar of the Community
United States
531 Posts |
I hereby reserve the initials PGGS. I may want to start the Penny Guy Grading Service. Fee structure will be based on the requested grade. Think it would work? LOL
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Valued Member
 United States
234 Posts |
If your taking PGGS I want NGGS for nickel grading
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Pillar of the Community
United States
4883 Posts |
Quote: My records show that I bought a 1891 S Morgan in a NAC slab graded MS66 for $59 dollars. A real discount considering a NGC graded MS66 is valued over $5000. It was a nice looking coin, and the coin looked like it could grade MS, so I cracked it out and I sent it into NGC and it graded AU58. Slider23 - issues like the 1891-S that are condition rarities make for the sweet spot where the basement slabbers can profitably ply their trade. At least you didn't pay so much to get really burned on your deal.
Colligo ergo sum
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Pillar of the Community
 United States
4593 Posts |
I call them 'finny' because of the stacking fins. They are not sonically sealed!
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Pillar of the Community
United States
2540 Posts |
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Bedrock of the Community
United States
17884 Posts |
There are at least two companies using NAC This is the more recent of the two. They are using CSI style slabs (Named for the basement slabber that developed them, Certified Silver Institute. They got out of the basement slabbing game but became a supplier of shells to others. There are beter than half a dozen firms that have or are using these shells.)
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Replies: 23 / Views: 5,841 |