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Beware of MS 70 coins graded by SGS follow-up story

by: paulr7( 172Feedback score is 100 to 499) Top 5000 Reviewer
5 out of 7 people found this guide helpful.
Guide viewed: 1215 times Tags: Overgrading | Grading Services beware of | NTC | NNC | NGC


At the end of my last review I had stated that I was sending my 1963 Proof 69 Deep-Cameo graded by NNC or National Numismatic Certification to NGC or Numismatic Guaranty Corp. BTW, I thought it reeaaal odd that NNC did not have a phone number on their website nor on their order forms???

The coin came back yesterday.  I was astounded!  NGC graded it Proof 65 Cameo!!!  Down 4 grades and a lower Cameo designation! Talking about conservative! What a difference!  The coin looked pretty good to me, but....!  I don't want to say which grading service they are working for but Ray Charles and Stevie Wonder must be grading at one of them!  Maybe both!  LOL   Now the question is do I send the same coin to PCGS??? [Chuckle]

I guess the crux of this review is be very careful and remember,"If the coin in question is such a high end coin why is it not being sold to the big dealers that you see in the publications for 10's or 100's of thousands of dollars???       'til next review

 Paul


Guide ID: 10000000002119054Guide created: 10/12/06 (updated 03/05/08)

 
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