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NGC MS-70 Certification

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projack's Avatar
Australia
122 Posts
 Posted 10/23/2009  03:24 am Show Profile   Bookmark this topic Add projack to your friends list Get a Link to this Message Number of Subscribers
I live in Brisbane and have a few coin I like to slabbed for NGC MS certification. Where can I do it closest to home and how much this service cost?
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Sap's Avatar
Australia
16826 Posts
 Posted 10/23/2009  07:10 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
First, you need to decide how you're going to submit them. Here is NGC's submission options page. There are three options:
1. Join their "Collector's Society". That'll be US$39/year.
2. Submit them to an NGC "Authorized Dealer". Unfortunately, there don't appear to be any in Australia. The closest to Australia is, I think, someone in Singapore. I don;t think you'll end up saving much money going down that route.
3. Join the American Numismatic Association (if you aren't a member already). That'll cost you US$28/year, unless you want them to mail you the ANA Magazine (for internationals, that'll be US$82/year.)

Once you get a channel for submission, you can then start submitting. Their services price list is complicated, but the standard submission fee for a world coin is US$32 per coin; the more you pay, the better the service (and the more bells and whistles) you get. You'll also have to pay postage to America and back, whatever that turns out to be.

I think you can see why very few Australians do this.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Valued Member
Ferret552's Avatar
United States
168 Posts
 Posted 10/23/2009  07:13 am  Show Profile   Bookmark this reply Add Ferret552 to your friends list Get a Link to this Reply
I'm also 99.9% sure that you won't get an MS70 certification as per your title, so if that's what you're aiming for, you might want to consider that.

Then again, I'm a newbie, so I may not have my facts straight.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 10/23/2009  07:24 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
I'm also 99.9% sure that you won't get an MS70 certification as per your title, so if that's what you're aiming for, you might want to consider that.

if its some type of new commemorative then there is a chance it could be a MS-70 but if its some type of circulation coin then a MS-70 is nearly impossible to get
Valued Member
projack's Avatar
Australia
122 Posts
 Posted 10/25/2009  4:28 pm  Show Profile   Bookmark this reply Add projack to your friends list Get a Link to this Reply
There are a growing number of people collecting MS70 1 oz Kookaburra coins. The most expensive year is the 2003, but all years before 2007 is expensive. I have a large number of Kookaburra coins and with a halogen lamp I can find the spotless coins with high degree of certainty to be qualified for MS70. You can see on ebay how much different that MS70 certification makes to the price once you sell the coin. This is the idea for doing it.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 10/25/2009  9:11 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
sure a MS-70 will be allot higher than any other grade because that coin was deemed perfect or as close to perfect as one can assume possible by an expert. But still chances of getting a 70 with any circulated coin is almost impossible. The coins you are talking about may be a 70 to you but chances are they may not be to the expert graders at NGC because grading is subjective and when the coin belongs to you, it seems to look better than if it belongs to someone else. I own some 70's and some 69's that I can't tell any difference in the quality myself but they seemed to find some and graded them according to what their opinion was no matter what I thought it should be
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Nevol's Avatar
Australia
5385 Posts
 Posted 10/25/2009  10:15 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
Bryan1315, The 1 oz Kookaburra coins projack is talking about are not coins that have ever been in circulation, so it may be possible to get an MS70 on some of them.
life is a mystery to be lived not a problem to be solved
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projack's Avatar
Australia
122 Posts
 Posted 10/26/2009  02:01 am  Show Profile   Bookmark this reply Add projack to your friends list Get a Link to this Reply
Also they all come within protective plastic capsules from the mint.
Here is on from ebay shop
http://cgi.ebay.com/2003-SILVER-AUS...70_W0QQitemZ310173670809QQcmdZViewItemQQptZCoins_US_Individual?hash=item4837ca9d99
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 10/26/2009  07:43 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
Bryan1315, The 1 oz Kookaburra coins projack is talking about are not coins that have ever been in circulation, so it may be possible to get an MS70 on some of them.

Yes I know, thats why I said I have some coins here that are 69's and 70's and I can't really tell a difference between the two when even looking at it through magnification and grading is subjective.
Valued Member
projack's Avatar
Australia
122 Posts
 Posted 10/26/2009  09:19 am  Show Profile   Bookmark this reply Add projack to your friends list Get a Link to this Reply
. If you do have a halogen lamp, and can examine the coin in the bright light (takes a bit of practice) MS70 coins are flawless under the light and when rotated and tilted. A coin can look perfect and you take it to the halogen lamp and theres a tone spot clear as day. Examining them is really quite easy when the capsules are nice and clean, no need to open it. That bright light source shows any problems up, but it is too bright when you first begin looking.. takes a bit of practice to not get too much light in your eyes. MS69 coins usually will not be visibly toned at all. They usually have nothing visible to the naked eye, so many collectors do like them and would want a full set.
But that is true, people need to get the lamp on the case and check for the minor tone spots that are invisible under normal light. If you eliminate those, you'll nearly always have a 70, just check for contact marks as well.
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