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*NGC guarantees the authenticity of the items they certify. They have a knowledgeable staff of experts. It is not a one-man operation. Plus, at least one of the companies you referred the OP to has been found within the past two years to have certified more than one fake Canadian coin. In one instance the mistake was blatant. As far as I know, those companies do not provide any sort of guarantee, but I could be wrong.
While NGC (and all other grading companies) are known to make mistakes with respect to variety attribution, I think the OP can rest assured the coin is the real deal. Also, the pictures provided do not raise any red flags. No point in being an alarmist or disparaging people for choosing that particular service.
I don't think I was an alarmist. And far be it from me to want to be despicable. I may have some difficulties with the subtleties of the English language in writing, but I don't think that was the case in my previous comment. If yes, I'm sorry.
No company is error-free, of course. However, some have much more experience than others in evaluating certain types of coins.
Regarding Canadian colonial tokens, while NGC may have several evaluators, if none of them have the necessary experience in authenticating and grading this type of coin, we are no further ahead. Otherwise, NGC can do a very good job with Canadian and American coins in general.
Two examples among many:
https://coins.ha.com/itm/canada/can...3064-29387.shttps://www.ebay.ca/itm/1844-Bank-o...222903384626Or an MS example becomes Specimen (At least the second evaluation was the right one):
https://coins.ha.com/itm/canada/can...3014-26380.shttps://coins.ha.com/itm/canada/can...3064-29518.sThe opposite is also true:
https://coins.ha.com/itm/canada/pro...3064-29519.sI think I have given enough examples on this point.
And I don't even dare talk about grading, where on this point, with maybe the exception of uncirculated colonial tokens, NGC is terrible. Not to mention its difficulty in identifying a multitude of varieties (I am thinking for example of PC-6B).
NGC is not the only company with this problem. But in my experience, it is the worst of the most "famous" regarding Canadian colonial tokens.
However, I thought NGC's warranty was limited to American coins. When I look at it in more detail, I find that I was wrong. But that doesn't change what I was saying.
*I wonder about their point #6:
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Third Party Information and Attributions. Information listed on a label that originates from a third party (including, without limitation, any information from the U.S. Mint) and any attributions (including variety attributions, reference attributions and pedigree attributions) are NOT guaranteed. NGC will attribute those varieties that it deems, in its sole reasonably exercised opinion, to be major varieties that are widely collected and accepted as legitimate varieties by the Coin collecting community at the time the Coin is graded. New information may cause NGC to no longer recognize an attribution that it previously assigned, which, again, is not covered by the NGC Guarantee. NGC does not guarantee that a particular variety or designation will always be recognized, and attribution policies are subject to change without notice. Further, NGC's calculation of a Coin's Fair Market Value will be based on a generic example of the Coin at the original grade without any variety, reference or pedigree attribution.
But at the end, if it is only about money, the guarantee offered by NGC should be sufficient for the one who owns the token.
Also I repeat, it is quite possible that the token at the origin of this subject may be authentic. I don't have enough experience on this series of tokens to comment on this point. And if that's the case, it's indeed a great discovery.
*Sorry for my syntax errors
I'm sorry if my English isn't perfect... I'm learning a little more every day.
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Posted 11/30/2018 9:58 pm
