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 Replies: 15 / Views: 11,002 |
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Pillar of the Community
United States
703 Posts |
I know nothing about this grading company. Being an SBA collector, I couldn't pass this up for a whopping $2.25 at the LCS. The coin is a beauty though.....  |
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New Member
United States
47 Posts |
They're a basement grader from my understanding...
And you're right. Still a pretty coin nonetheless.
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Pillar of the Community
 United States
703 Posts |
Nick,
Yup, you're correct. Not reputable at all....been reading up on them through searches on the forum. Still couldn't pass on it for the eye appeal and price!
Edited by ElonU
07/23/2016 3:46 pm
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New Member
United States
47 Posts |
Indeed! Haha. I have a fair amount of SBA $s myself, and that's one of the better ones that I have seen. |
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Pillar of the Community
United States
703 Posts |
I have a full slabbed set, with all major varieties, of the SBAs, but still buy them every time I see them! Bought a small stack last week at the LCS for about $3/coin. All graded 68 and higher by PCGS & NGC :)
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Moderator
 United States
187862 Posts |
You underpaid for a good looking proof. The container is irrelevant.  |
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Bedrock of the Community
United States
11951 Posts |
Doesn't hurt having a example of a basement slab.
They are part of the hobby too.
Nice looking coin at a good price ....
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Bedrock of the Community
United States
94367 Posts |
True, great coin at a great price. But NNC is a junk grader, anyway.
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Pillar of the Community
United States
8137 Posts |
Buy the coin, not the slab.
Looks like you got a nice proof at a great price!
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Pillar of the Community
 United States
4589 Posts |
As a grading company NNC is a pile of stinking dog poo. Run by a single individual in, IIRC, Florida. Who is notorious for buying details graded coins and reslabbing them 'clean' and several grades higher.
There obviously are SOME OK coins in NNC slabs - even a blind squirrel occasionally finds a nut. Congrats on your nut.
-----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
2233 Posts |
Good coin, unfortunately the slab means nothing. NNC is a basement company run by ebay user centsles. His claim to fame is his horrible tendency to sell problem coins in his own problem free NNC slabs. Once he tried selling a 1916-D Mercury dime that would make MS60 details on a good day as MS64, and naturally bidiots ran with it, and it went up to at least $11,000. Unfortunately, ebay lets these conmen get away with their schemes because they provide massive chunks of money for ebay. Speaking of the coin, it actually looks like it would grade PF69 UC. If this were my coin, I'd take it out of the NNC holder (which would probably be very easy to do, since most of these bottom-feeder "services" don't even have sonically sealed holders) and send it in to one of the real TPGs. If this got a 70, it would probably make headlines here as the first basement graded 70 coin to actually get a 70 from a legit TPG. Edited by CalzoneManiac
07/23/2016 5:30 pm
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Pillar of the Community
United States
703 Posts |
At least the guy properly attributed it as Type 1!
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Bedrock of the Community
United States
11951 Posts |
I want to be clear. I know NNC is a junk grader. Having one in your collection would be like having counterfeit coins, to use as example of a bad grader. I imagine somewhere there is a collector that might have a set that would be the same coin each in a different TPGholder. For example a 1921 Morgan MS64 one in a PCGS, one in a NGC, one in ANACS ....ETC. And yes ...one in a NNC. Or in the OPs case .. he might be able to do that with SBA. |
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Pillar of the Community
United States
703 Posts |
GR58, I knew what you meant. No need to explain! In the SBA collection, I have PCGS, Anacs and NGC! Think I'll keep it in the NNC holder just for novelty sake. |
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Pillar of the Community
United States
932 Posts |
I seem to remember another post about these "NNC" coins. They all came from one particular ebay seller if I recall correctly. |
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New Member
United States
2 Posts |
I think it's funny that this idiot has a whole bunch of his coins on seizedpropertyauctions.com. Which pretends to be a police auction... Which it really isn't! If you pay attention you'll notice all the shipping and handling fees seem to cover what it would actually be worth. For example, this site will have a postage stamp winning bid at $0.99 that a collector may want; but the shipping and handling is $40! :-) Heaven help you if there's a bidding war before people notice the shipping and handling. He even had a three-legged Buffalo nickel which definitely look like it was altered. He even told how to spot a altered coin at the bottom of the page! I can't find that three-legged Buffalo anymore, you'll get a kick out of his grading of this coin... http://www.seizedpropertyauctions.c...20-CENT-COIN |
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Replies: 15 / Views: 11,002 |
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Posted 07/23/2016 3:46 pm
