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When You Crack Out An NNC Slab And Send It To PCGS...

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paralyse's Avatar
United States
12057 Posts
 Posted 01/11/2019  11:37 pm Show Profile   Bookmark this topic Add paralyse to your friends list Get a Link to this Message Number of Subscribers
Not my coin or photo, but I found this on ebay tonight and once I got done both laughing at and feeling very sorry for someone at the same time I thought I'd share it. Painful lesson learned financially by the buyer :(

When-You-Crack-Out-An-NNC-Slab-And-Send-It-To-PCGS...
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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oih82w8's Avatar
United States
7840 Posts
 Posted 01/11/2019  11:39 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Education can be expensive...hopefully the lesson was worth the $$$.
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Zurie's Avatar
United States
5663 Posts
 Posted 01/12/2019  12:28 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Well, at least it wasn't detailed...
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edweather's Avatar
United States
7375 Posts
 Posted 01/12/2019  12:42 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
....and at least it was MS
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MikeF's Avatar
United States
3479 Posts
 Posted 01/12/2019  02:32 am  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
Link to the listing? If not, did the seller express any frustration with the crossover or was the old NNC label used as a prop to try to convince buyers that the coin is now a real value in it's new under-graded holder?
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spru's Avatar
United States
12477 Posts
 Posted 01/12/2019  04:03 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
So, which grade is closer to "accurate?"
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
01/12/2019 04:03 am
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jaxenro's Avatar
United States
533 Posts
 Posted 01/12/2019  07:40 am  Show Profile   Bookmark this reply Add jaxenro to your friends list Get a Link to this Reply
It's a good lesson in learning to grade yourself.

I don't know if I can explain this correctly but I will only pay the lower of the two, the slab grade or my grade. In other words if it is graded on the holder as a 63 and I think it's a 61 I will only pay 61 prices. But if it is graded as a 63 and I think it's a 65 I will only pay 63 prices. Yes it might be undergraded but I'm not risking my money against a consensus opinion. Conversely I won't pay more than I think the coin graded out at

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nss-52's Avatar
United States
54280 Posts
 Posted 01/12/2019  07:47 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
123590889210

"beautiful glowing Morgan. Certified at MS62 by PCGS. was taken fron a NMC [sic] holder, cert 1088420. they graded it MS-65PL, you be the judge by pix. PCGS says this would add about 4 times the value. low starting price. good luck bidding!! as always, multiple coins combine shipping."
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kanga's Avatar
United States
5825 Posts
 Posted 01/12/2019  08:32 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
NNC is an SSS (Shameless Self Slabber)
You can be sure the PCGS is a LOT closer to the truth.
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United Kingdom
1351 Posts
 Posted 01/12/2019  09:19 am  Show Profile   Bookmark this reply Add peter1234 to your friends list Get a Link to this Reply
Centsles?

Self slabbing coins caveat emptor.
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basebal21's Avatar
13014 Posts
 Posted 01/12/2019  10:28 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
So, which grade is closer to "accurate?"


The first tier professional organizations with a world wide operation.

The other label it to get people thinking PCGS severely undergraded it
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SilverDollar2017's Avatar
United States
8715 Posts
 Posted 01/12/2019  11:22 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
Hey, whoever submitted the coin to PCGS was lucky it didn't turn out AU details cleaned!

I would never trust the grade on a NNC holder, imho. Looks like PCGS got the grade correct, sure doesn't look like a 65PL from those pics.
Edited by SilverDollar2017
01/12/2019 11:23 am
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nss-52's Avatar
United States
54280 Posts
 Posted 01/12/2019  11:22 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply

Quote:
Centsles?

No, I posted a link to the auction a few posts back.
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NDBirdman's Avatar
United States
747 Posts
 Posted 01/12/2019  12:15 pm  Show Profile   Bookmark this reply Add NDBirdman to your friends list Get a Link to this Reply
I have the PCGS app on my phone. When I scan it, says invalid. I put in the number manually, it says invalid. IF that is so, that's a fake slab. Am I (PCGS app) right or wrong?
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NDBirdman's Avatar
United States
747 Posts
 Posted 01/12/2019  12:17 pm  Show Profile   Bookmark this reply Add NDBirdman to your friends list Get a Link to this Reply
Just checked it on my computer, it comes back as:
We're sorry, that Cert Number was not found. Please double check the number and try again. To speak with PCGS Customer Service, call us at 1-800-447-8848.
https://www.PCGS.com/cert
Judge it for yourself.
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Alpha2814's Avatar
United States
2023 Posts
 Posted 01/12/2019  12:38 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
https://www.PCGS.com/cert/36476813

PCGS # 7118
Date, mintmark 1880-S
Denomination $1
Country The United States of America
Grade MS62
Mintage 8,900,000
Holder Type Standard
Population 5,985
Pop Higher 150,927
PCGS Price Guide Value: $58
Edited by Alpha2814
01/12/2019 12:39 pm
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