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1879 2nd Reverse Morgan Graded By Ncg..

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New Member

United States
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 Posted 04/27/2016  12:01 pm Show Profile   Bookmark this topic Add learner to your friends list Get a Link to this Message Number of Subscribers
I have bid on a 1879 2nd reverse morgan on ebay graded by NCG. Is this grader legitimate? I had a moment thinking NGC.
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BigSilver's Avatar
United States
2843 Posts
 Posted 04/27/2016  12:28 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
Absolutely not. And a nasty trick to call themselves NCG.
However, but the coin not the holder. If it is nice then who cares if it is graded by a NNC.
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BStrauss3's Avatar
United States
4592 Posts
 Posted 04/27/2016  1:59 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Conder lists 2 (as of 2001ish), I'm sure there are more deceptive slabbers since then...

#1 NCG (Numismatic Coin Grading Service)
They were based in Cordova TN but their submission address is in Memphis TN. Although their web site was last updated in June of 2000, their E-mail address does not work. I am fairly sure they deliberately chose their name in order to be confused with NGC and to try and trade off of their reputation. Company is now out of business after producing only a couple dozen of the first slab variety and just a few hundred of the second.

#2 NCG (Company name not known)
Private company beginning to certify coins under their own name. He caught so much flak over his NCG initials for the firm that he dropped the whole project and never sent out any of the slabs. So theoretically this companies slabs are not available and now only exist as the plate in this book.
-----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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Slider23's Avatar
United States
4469 Posts
 Posted 04/27/2016  2:12 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
It is best not to purchase a coin in a NCG slab. If you do want to buy one, treat the coin as raw and expect any coin graded MS to be no higher than AU.
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georgescoins's Avatar
United States
431 Posts
 Posted 04/27/2016  4:01 pm  Show Profile   Bookmark this reply Add georgescoins to your friends list Get a Link to this Reply
Buy the coin not the holder.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/27/2016  4:31 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree, pass.
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PAC's Avatar
United States
130 Posts
 Posted 04/28/2016  2:57 pm  Show Profile   Bookmark this reply Add PAC to your friends list Get a Link to this Reply
Without excellent photos, I'd pass. Definitely treat it as raw, as I wouldn't trust a no reputation TPG.
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