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 Replies: 10 / Views: 2,561 |
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Pillar of the Community
Canada
798 Posts |
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Pillar of the Community
Canada
2019 Posts |
I wouldn't pay these outrageous prices for graded coins personally since pretty much any of the non 70 grades looks just as good as a 70 to me lol. But I would sell them since there are people who pay ridiculous prices for them.  |
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CCF Master Historian of USA Commemoratives
 United States
12258 Posts |
Definitely some incredible prices paid for those coins!
I don't chase grades for modern NCLT - I simply keep them in their original capsules and store them in coin trays for easy viewing. As a result, even if I collected any of the coins you've shown, I don't believe I would have been a bidder in their auction -- especially at the price levels some reached!
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
2845 Posts |
The business of grading NCLT in pursuit of PF70 must be fairly lucrative to NGC as well. I'm not suggesting anything nefarious but the thought does occur to me, considering there is no clear PF70 standard, that it's to the best interest of a TPG to blip out the occasional super-gem to offer future motivation for seekers of such. But I do wonder what standard NGC relies upon, given the minuscule volume of any single Cdn NCLT release within the overall mintage that ever gets submitted for grading. If every single NCLT was graded, obviously PF70 (or whatever defines it) would not be rare. |
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Moderator
Canada
10456 Posts |
NGC is also more generous with the PF-70 grade, than PCGS is.... I wonder how many of these would actually cross over...  "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
1269 Posts |
I still do not understand the fascination with slabs. As a collector of ancients I have bought 2 coins in slabs and those had a rather brief meeting with my hammer when I received them.
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Pillar of the Community
Canada
2845 Posts |
Quote:
......I wonder how many of these would actually cross over...
That would be a very interesting experiment! Even submitting exactly the same NCLT twice to NGC. Eye appeal would seem a variable factor. On that general topic: From: http://www.coin-rare.com/introducto...0-coins.aspxAre the prices of all MS70 and PR70 coins the same? The short answer is no. Depending on how few or how many coins have been certified perfect 70 by a grading service, known as the (certified population), there can be a big difference in price. Take the 1995 silver eagle as an example. The coin lists on the PCGS price guide for $4,000 in MS70 because only one coin has been graded perfect MS70. Compare this to the NGC price guide that lists the same coin for $660. NGC has certified 360 coins in MS70. |
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Pillar of the Community
 Canada
798 Posts |
Wealthy people will always seek the finest and rarest coins, and price takes a back seat to that. Cars, art, houses, coins, what have you.
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Pillar of the Community
Canada
1027 Posts |
If the above coins were issued by RCM, are they not all the same grade that are minted? I do not understand this. @JGG Nice quote. Wealth does not make you live forever even with the finest things in life. |
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Pillar of the Community
Canada
798 Posts |
Yes, well ... I've been poor and I've been rich and I much preferred the latter! lol!
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Pillar of the Community
Canada
2019 Posts |
Quote:If the above coins were issued by RCM, are they not all the same grade that are minted? I do not understand this. Well for the most part, to the naked eye they are all the same if quality checks were properly done at the mint. A 70 grade is most likely from a fresh die, but as the dies "wears" the coins are not quite as good, although most of us cant see the difference on new NCLT. Here are the 68, 69 , 70 grade def. That site has the other grades listed but new NCLT don't usually fall below MS 65ish I think. You would likely return it to the mint if you received a 65 looking coin directly from the mint lol since it would look quite crappy. Quote:
MS-68) Mint State Premium Quality - Uncirculated with perfect luster, no visible contact marks to the naked eye, exceptional eye appeal. Strike is sharp and attractive.
(MS-69) Mint State All-But-Perfect - Uncirculated with perfect luster, sharp, attractive strike, and very exceptional eye appeal. A perfect coin except for microscopic flaws (under 8x magnification) in planchet, strike, or contact marks.
(MS-70) Mint State Perfect - The perfect coin. There are no microscopic flaws visible to 8x, the strike is sharp, perfectly-centered, and on a flawless planchet. Bright, full, original luster and outstanding eye appeal.
http://coins.about.com/od/coingradi...ading101.htmEdited by Northerncoins
04/28/2016 08:57 am
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Posted 04/25/2016 09:31 am
