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 Replies: 18 / Views: 3,427 |
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Valued Member
United Kingdom
115 Posts |
Why did this coin attract so much money?(£232.37) about $365 Dollars http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:ITOr did someone buy it because of the say so of the grading company MS67 DMPL? What would have been a more realistic price, or is $365 about right for a coin of this grade (if it is true)? |
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Pillar of the Community
United States
1523 Posts |
Because it's MS67.Not easy to find in that grade.
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Valued Member
United States
312 Posts |
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Pillar of the Community
United States
2797 Posts |
Because there are still too many uninformed/naive hobbyists trusting a piece of plastic. NNC is a self-slabbing operation that has been discussed at length in TPG forum. The coin appears to be attractive and no noticeable problems, but if Centsles (the person behind NNC) really thought that coin had a chance at that grade or anything close to it he would have sent it off to a reputable grading company. NNC holders normally contain highly over-graded or problem coins. Another unsuspecting coin enthusiast duped.  |
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Pillar of the Community
United States
3076 Posts |
I couldn't agree with you more... He almost always sells NNC slabs, and the grade is NO WHERE NEAR the assigned grades.....
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Valued Member
United States
461 Posts |
I would say MS 62 may be 63 looking at the fields when I blow up the pictures.
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Bedrock of the Community
United States
14454 Posts |
I agree this coin looks nice but its probably not a 67 and probably a 64 or 65 and this date/mm combination is easily found in high grades like 65 and pretty cheaply graded by top TPG's |
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Moderator
 United States
23522 Posts |
Quote:
He almost always sells NNC slabs, That's because he *is* NNC. |
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Moderator
United States
23731 Posts |
It's a nice looking coin, but I agree not an MS-67 and from the pictures I can't be sure it's DMPL.
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Pillar of the Community
United States
1534 Posts |
I agree, nice coin but overpriced, perhaps not DMPL, and definitely not MS-67. Still nice eye appeal though.
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Pillar of the Community
United States
8904 Posts |
Quote:
I agree not an MS-67 and from the pictures I can't be sure it's DMPL.  NNC is certainly not to be taken at its word for an MS67 grade. A true "over-grade" organization. However, it is a great looking coin but I would only consider a raw coin price. |
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Rest in Peace
United States
5375 Posts |
Superdave, I thought NNC was scardinal...
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Bedrock of the Community
United States
14454 Posts |
it says this guy is from Essex in the UK, not sure if he is the same one that ran NNC or not but if so either he has moved or he is not really in Essex
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Moderator
United States
23522 Posts |
Quote:
Superdave, I thought NNC was scardinal...
No, Scardinal just moves a lot of his stuff. NNC is Bob Johnson (Centsles), a man of undeniable grading talent who has chosen a....less-reputable course. |
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Pillar of the Community
United States
3076 Posts |
I believe what both Seated Nut and Dave were saying is, "Centiles.". who runs and sells His company coins "NNC" through ebay, the guy from england, bought one and has discovered its no great coin and is dumping it back in to ebay OCEAN... |
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Pillar of the Community
United States
2797 Posts |
Quote:I believe what both Seated Nut and Dave were saying is, "Centiles.". who runs and sells His company coins "NNC" through ebay, the guy from england, bought one and has discovered its no great coin and is dumping it back in to ebay OCEAN... WE HAVE A BINGO! I see flipping of these slabs all over the place. I tried to go back in his feedback history to see if he had a transaction with CENTSLES, but nothing recent. He may even be the third or fourth generation owner. I still look at these offerings, but always with a jaundiced eye. I would even have bid an MS63 price on this one. The sellers of these numismatic abominations prey on the uninformed and they always outbid me.  |
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Replies: 18 / Views: 3,427 |
Posted 02/14/2010 2:12 pm
