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1923-S SLQ You Vs. NGC

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oih82w8's Avatar
United States
7840 Posts
 Posted 09/08/2011  2:15 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I have never sent in my own coins for TPG, but I am curious to what a "body bag" for coins looks like. Is it a zip-lock type bag with a sticky label on depicting what is wrong with it?

I have heard that at least ANACS will slab the "problem" coins.
Edited by oih82w8
09/08/2011 2:15 pm
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paleoguy45's Avatar
United States
2936 Posts
 Posted 09/08/2011  3:05 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
That's pretty much what a body bag looks like. It's a small clear envelope with the coin and a TPG label giving their reason for not slabbing the coin inside. In this particular case, it really wasn't a "problem" coin so I ASSumed it would be slabbed. Silly moi!
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nod2003's Avatar
United States
3294 Posts
 Posted 09/08/2011  3:25 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
NGC does seem to have a policy against grading coins without a full date.
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United States
1590 Posts
 Posted 09/09/2011  01:29 am  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I feel for you Paleoguy. It makes you wonder what percentage of their profit comes from doing nothing more than sending you back the coin, with a rubberstamped reason; while keeping your money. It also makes you wonder if there is a pre-selection process before the coins even make it to the grading room.
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mdh157's Avatar
United States
953 Posts
 Posted 09/09/2011  7:41 pm  Show Profile   Bookmark this reply Add mdh157 to your friends list Get a Link to this Reply
thank you for the reminder of how the big graders are paleoguy........i have 4 nice slqs I want to send out but don't want to waste $150 for them to come back ungraded...so now I am starting to re-think
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Freedom's Avatar
United States
526 Posts
 Posted 09/12/2011  07:38 am  Show Profile   Bookmark this reply Add Freedom to your friends list Get a Link to this Reply

Quote:
Well it's tomorrow, so here's the call. NGC shipped this one back in a body bag with "unreadable date" as the reason for not grading the coin. Well excusssssssssse me, but the last time I looked, any SLQ with a "3" as the fourth digit could only be a 1923. Otherwise -> I'm the next millionaire! Of the five coins I sent to them for grading 1) came back in a body bag "altered surfaces" - the wonderfully toned 1885 Morgan DMPL I bought from Jaobler; 2) this one back in a bag for "unreadable date"; 3) 1872 LSD graded AU "improper cleaning"; 1935 S Peacie graded UNC "improper cleaning"; and 5) 1928 S Peacie graded AU-58. I wouldn't have sent those "cleaned" coins in if I had any idea or hint of cleaning - same with the AU-58 as to wear. That was quite a bit of cash I sent to them which they kept gladly with no resultant increase in value on my side of the equation. I have lost a LOT of confidence in NGC but they don't need to worry about a little guy's concern. There are much bigger fish to fry with the rubber stamped MS69/70's these days. OK.. I feel better now... Thanks for listening.... Paleoguy


NGC did the same thing to me. They are becoming a real PIA in their grading process, almost to the point of just taking money and calling an item as cleaned or altered.....

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