Does Anyone Know Anything About NNC Grading Company?

Geez Fred that coin isn't even close to XF, especially for a Morgan. I agree with your picture and grade judgement. Excellent observation!

quote:

---

Originally posted by kodji

This would probably be another example of over grading by NNC. You guys being the experienced ones will have to tell me for sure. This coin looks to me like it has been cleaned. That being said the grading company never mentions it on their packaging. That in itself I find misleading. Oh, here is the web site: http://cgi.ebay.com/ws/eBayISAPI.dl...WA:IT&ih=014

---

AU55 with some luster remaining.

quote:

---

Originally posted by mishap-coins

This person sure has a batch of these NNC slabbed coins.
This ebayer does atleast offer a 5 day return ! They are not short on bidders either.


http://search.ebay.com/_W0QQsassZsimplycoinsQ21


I do see NNC on their site a disclaimer which reads as follows;

Subjectivity Of Grading
Limitation of Liability for Grading: All parties understand and agree that the professional opinion required in grading coins involves NNC's subjective judgment. Consequently, National Numismatic Certification, LLC. makes no warranty or representation and shall have no liability whatsoever to the customer for the grade assigned by NNC to any coin.

---

Translated, this means "We intentionally overgrade coins by three to ten points and if you believe anything on the slab, you are the kind of sucker I am looking for."

quote:

---

Which makes me ask why grade and slab them ? Leave it up to others that possibly can.

---

Most of these bottom-rated grading companies are attempts to defraud unsuspecting buyers. There's a few honest exceptions, but NNC isn't one of them.

Fred

Translated, this means "We intentionally overgrade coins by three to ten points and if you believe anything on the slab, you are the kind of sucker I am looking for."

So true! Maybe they slab them to give the buyer a free pretty plastic case lol.

NNC has been around since 2002 and frankly they are one of the best of the third tier services. They were originally based in Michigan and I believe are now located in Florida (With most of the other low class services, and shady dealers. Frankly with all the scum down their I'm surprised NGC moved to FL. I would think they would be worried that they would lose reputation from the proximity to the other bottom feeders.)

quote:

---

I do see NNC on their site a disclaimer which reads as follows;

Subjectivity Of Grading
Limitation of Liability for Grading: All parties understand and agree that the professional opinion required in grading coins involves NNC's subjective judgment. Consequently, National Numismatic Certification, LLC. makes no warranty or representation and shall have no liability whatsoever to the customer for the grade assigned by NNC to any coin.

Which makes me ask why grade and slab them ? Leave it up to others that possibly can

---

Actually you will find that same disclaimer or one very similar to it on most all of the third tier services. I have no real problem with it. Grading IS subjective and you can't guarantee anyone else will agree with the grade you assign. Usually though the third tiers DO guarantee authenticity.

This is in interesting contrast to the major firms which DO guarantee their grading (But only compared to their own second opinion.) but do not guarantee, in writing, the authenticity of the coins. (After many years of griping and being a public annoyance to them over this matter by several people, PCGS did finally agree to change their written guarantee to include authenticity. Since then those of us who caused the most fuss have been kicked off the PCGS forum and nothing has been done about the guarantee.)