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 Replies: 12 / Views: 14,305 |
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Valued Member
United States
105 Posts |
Hi all. I'm looking on ebay at the silver eagles for sale and I see one that is graded by NGC as "Gem Uncirculated" in stead of the usual MS-x. I looked on the NGC website and Gem Uncirculated is not in the scale (from PR-1 to MS-70). I was wondering why NGC would give this grade to a coin. Is this a new grade or an unusual grade? |
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Pillar of the Community
United States
5318 Posts |
 I'd like to see that slab...can you link to a pic? Ah...good to know! Bulk slabbing...for bulk silver  Edited by KurtS
04/05/2008 1:27 pm
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Valued Member
United States
330 Posts |
These are usually bulk submissions used for promotional purposes. I have also seen them with the Presidential dollars. Jim |
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Valued Member
 United States
105 Posts |
Would these be worth any more or less that a regular MS-68,69,70?
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Valued Member
United States
263 Posts |
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Valued Member
United States
105 Posts |
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Pillar of the Community
United States
2443 Posts |
I think it would be worth about as much as a non slabbed silver dollar, since it doesn't have a grade and everyone knows that these are going to be uncirculated. And I agree that it was used as a promotional item.
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Valued Member
United States
228 Posts |
Yeah, what amaxon99 said. Also, NGC is not exactly the best people to buy/grade coins from. In my opinion that is.
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Valued Member
United States
105 Posts |
quote:
Yeah, what amaxon99 said. Also, NGC is not exactly the best people to buy/grade coins from. In my opinion that is
Thats news to me, I thought that NGC was the standard and most respected grading service? |
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Pillar of the Community
United States
1952 Posts |
NGC is one of the top three. PCGS is the top. or you get more bang for the buck with them anyway
Gary
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Bedrock of the Community
United States
14454 Posts |
this is just as was said used for bulk submissions and a coin labeled Brilliant Uncirculated can be anything from MS-60-MS-64 and MS-65-MS70 would be Gem Uncirculated (this is the answer I got over at NGC's forum about a Morgan dollar graded BU). The submitter gets a break on the submission fee's and can get all their 70's slabbed and the ones that don't meet the 70 they get the Gem Uncirculated or Brilliant Uncirculated grade |
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Valued Member
United States
228 Posts |
Whoops sorry guys, what I meant was SGS. Man, all these abbreviations are killing me.
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Forum Mom
 United States
5877 Posts |
quote:
Originally posted by Dhughesz28
The auction has ended with no bidders. While I think of it, are there any forum rules against listing ebay auctions?
There are rules against members with less than 50 posts and 14 days membership posting links to their own ebay auctions or websites. Even after those criteria are met, ebay links posted for promotional purposes must be posted in the B/S/T section under ebay and Other Auction Site Links. Members are actually encouraged to post links to auctions if they have questions or concerns about the auction. Oftentimes, we are not able to help members without seeing the auction or at least pics of the coin in question. For the most part, these posts should go in the ebay and Auction Site Discussion Forum but there are exceptions when someone wants to know about a specific coin that they are considering bidding on. I hope this answers your question.  |
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Replies: 12 / Views: 14,305 |
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Posted 04/05/2008 1:21 pm
