NGC Journals

Our community journals

  1. It is nice to see people are making progress with their collections, despite other commitments my own collection is ticking over albeit very slowly. In the introduction to my Typeset of French Napoleonic Coinage I ended with 'The distinct prospect of finding that first, or elusive high grade example for a particular issue remains and makes every auction catalogue a potential source of a new discovery' and this situation probably holds true for the majority of older world coins, particularly minors. Even with the surge in Third Party Grading over the last few years the populations remain extremely low and for many date-runs a graded set is not even possible at this point. As a result I have submitted quite a few coins to NGC rather than wait for the rare, or non-existant, graded example to appear. It was therefore a surprise to see a 1808 10 centimes from the Limoges mint appear at a recent auction in NGC MS65.* Despite this issue having an intermediate mintage for the series - Le Franc 1,062,123 - my review of the population reports in 2017 (included in the introductory text to my 5 and 10 centimes Registry Set) highlighted only two graded examples, both PCGS and MS63, in addition there also appears to be little or no raw coins in mint state in the auction records which is supported by a lack of prices in both Le Franc and Gadoury for uncirculated coins. Even though I was not the only person to recognise the (conditonal) rarity of this coin I was fortunate to secure it and it now resides in my Registry Set.#

    Despite this success there are no graded examples at all for many of the issues in this Set, and for that matter most of the sets I am interested in, with the possible exception of post-1816 British coinage, and sets are therefore being made up of raw coins. As a result I expect that I am not the only 'collector' of world coins that has ungraded examples which are probably, or close to, the 'best known' all the while hoping that a better example appears at some point as you have to believe the coin is out there!

    * Some European auction houses have now taken to grading certain items as part of the sale process
    # Fortunately I had the funds to take advantage of this opportunity however these were meant to be used for a camera so starting to understand coin photography has been somewhat delayed although I have ordered Mark Goodman's book!

  2. This is my first Journal Post, so please bear with me. I'm in a quandary

    I purchased a rare 1893-O Morgan in AU53 from one dealer's website and the pictures were great and the price reasonable.. I cannot afford anything over a AU53. Once I received this AU53 Morgan it did have pretty good eye appeal without magnification. It is more "white" when looking at it with my bare eye. However, under 7x magnification is EXTENSIVELY bagmarked which takes away from its eye appeal in my opinion.  Now, along my internet travels, along comes a 1893-O Morgan from another dealer's internet site that is an AU50 but with a CAC sticker at a $55 discount to what I paid for the AU53. The picture is just "OK" with the coin showing some black rub and some distracting marks, but now I know now that an internet picture can be made to look anyway the photographer wants it to look. So, this AU50 is CAC-stickered but, in my opinion from the picture, the eye appeal isn’t as nice with the black rub and all. Now the quandary. I can still return the AU53 with no financial penalty so I don't know what to do. Does a CAC sticker tell the buyer that much or add that much value if/when I decide to sell? Do collectors out there buy for eye appeal or potential resale value down the line?  Should I just hold out until I can afford a Mint State 1893-O? if you can't tell already, I'm new to coin collecting, so any guidance/opinions are really appreciated as is your opinion on how or what to do to solve my quandary.

    Thank you in advance  

     
  3. My Pittsburgh Area Numiez, the South Hills Coin Club of Bethel Park PA will be holding their 60th anniversary coin show on February 1st and 2nd.  I believe it is important, even in the age of online auctions, to attend shows, even the smaller ones.  By attending smaller shows and supporting their bourse, you are keeping many small part time dealers in the game and you are stimulating the local coin community. 

    The South Hills Coin Club show will have approximately 40 dealers and will also have door prizes and other fun stuff throughout the 2 days.   The Show hours are 1000-1700 on Saturday and 1000-1500 on Sunday.  So if you're in beautiful Western Pennsylvania, jump on the Parkway and find yourself at the Crowne Plaza Hotel.   I will be helping at the Pennsylvania Association of Numismatists (PAN) each day and our table will have free foreign coins, Beaver Falls Centennial medals, and Lincoln Cents for the younger ones.  We will have a friendly handshake and lots of coin talk for us older ones.  My partner Tom may also bring a display case with his awesome display of Swedish Plate Money.   Cya There. 

    Crowne Plaza Hotel
    164 Fort Couch Rd
    Pittsburgh, PA 15241

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  4. Well like I said in the title I'm upset again with the mint. Now I know they have put out some wonderful coins. I can't say they haven't. But I just found out that in 2020 were going hunting again. Or should I say your going hunting. There doing the same thing with the 2020 quarters as they did in the flop of 2019. There is a spin. A privy mark celebrating the end of world war two. Now I followed last year very close. So far I believe four percent of last year's have been found.There are two thousand plus on sale on ebay. The prices falling lower. I can't see bothering. I learned if something fails the first time it will fail the second time that's how the mint works. I'm not going to get into all the aspects of this. But as a good man said they will be out there for years. The public if you were to take a quarter and ask them were is the mint mark you will here what's a mint mark? Now understand this was to get more people into the hobby. How can you do that when the public does not even know there is this great American Hunt. They don't know about mint marks and they don't care. I think it's good for the kids in the program but that's as far as I go. So out your sneakers on get ready for.April I couldn't even tell you what a complete set slabed goes for? There are none on ebay. I'm sure There are few. Get lucky I hope The kids do find them but for serious collector's I don't know. Enjoy Mike

     

  5. Over the weekend I got a package with 4 of the Yale coins. Back in December I finished picking up the rest of the Falcons that I needed. So that gives me all of the coins I need for the first 6 issues and 2/3rd of the total I need for the 7th issue – so I’m almost 70% of the way there now and I’m only about 1-ish issue behind.

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    After thoroughly failing to keep up with the statehood quarters and the presidential dollars as they were coming out I’d like to actually be able to say that I finished one of these multi-year modern issue series that I start collecting with all the best intentions.

    Part of the problem with this set is that my goal ballooned early on from finishing 2 sets, to three, and then 5 – with a 6th to be given away gradually to my stepfather. I let the scope explode on me a bit and the fact that these coins each have 2 ounces of silver make them not the cheapest modern issues to buy – but they’re cheaper than gold issues. Of course, the fact that I’m also giving them to my stepfather and don’t want to leave him hanging with an incomplete set has also been helping to drive and encourage me to keep going with this. So, there’s a positive side to it too I suppose.

    Now I’m going to need more air-tite capsules before continuing though. 😊

    Here’s a look at the collection / project so far:

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    While I was setting up to take this picture my son, Ben, came up the stairs and saw what I was doing. The immediate response was "Woah! That's a lot of coins! What are these? Can I help you, Daddy? How many coins is this? Can I count them, Daddy?"

    How do you say "no" to that? You can also see the Buffalo nickel's slab, which was also out for pictures.

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  6. To NGC and Staff members,

    I wanted to get back to you for such a nice write-up you did featuring my Jefferson collection. I've often known I made no mistake selecting this company where the quality service is often the deciding factor. The members who put this together 'Thanks so much' it means alot. This was a very exciting journey for me- so many ways to collect in this series'I wanted to get a little of each type. As much as I'd of loved to complete this collection'due to my health issues-it would be very difficult for me now. However' I will keep checking back to view the new players in the Ngc Registy'- I enjoy reading their journals excited when finding a particular nickel. I wish all at Ngc the very best and I look forward to staying in touch with you. 

     Respectively' James G. Berline

    PS: I'd love to hear from my old friends and new' text me when you get the time.

    (attachment of my collection-safely secured in safe deposit box)

    > My Email:   jb857450@charter.net

    Jims NGC Reg- Collecn.jpg

  7. I have an NCS coin that comes back as an Invalid certification. Why would there be an Invalid certification on a coin in a NCS holder?

  8. namvette68
    Latest Entry

    I am not a collector of Morgans. I have no clue, other than weight and sound, to check authenticity.

    I found this coin in a sub floor. 

    I am hoping it is good, but won't be disappointed if it's a fake.

    Thank you

    1896 O $1 MORGAN OBV001.jpg

    1896 O $1 MORGAN REV002.jpg

    1896 O $1 MORGAN EDGE 003.jpg

  9. None of this should be news to most collectors here, but the vast majority of my online followers are not coin collectors and ask all the time why some coins are worth so much money! So I thought I'd attempt an answer for them.

  10. My Grandfather mentioned in prior journal entries is my Grandfather on my father's side and I've been working away on a family tree information page on https://www.familysearch.org/tree/person/details/L1VN-SQK

    As I've mentioned, he was very family oriented and did everything he could to make his family members happy. He and my Grandmother lived closely to me my entire life so we were very close, as noted previously. New information is being added periodically to his Familysearch page as I and other relatives working on it discover them.

    There isn't anyway I can do justice for my grandfather with a single journal post as his life was varied and full of interesting stories passed down from him and other family members. I'm blessed to be able to link two of my favorite hobbies into one single entity and honor my grandfather in the result.

  11. Last month I received a notice that the bank I stored my coins at was closing and I had until February 4th to vacate my safe deposit boxes. Fortunately, I was able to rent another box close by and for cheaper than the boxes I had. Having secured a new and bigger box, the next step was to transport the coins to the new location.

    I was very uncomfortable transporting my coins from one location to the other and in particular standing at the teller window with my coins in a shoebox waiting to close out the old safe deposit boxes. You see, my bank had the misfortune of being held up last year and I did not want something like that to happen with thousands of dollars' worth of coins in my hand. Fortunately, both the clearing of the old boxes and the transfer to the new box went off without a hitch.

    That said, moving my collection did present a wonderful opportunity to reimage many of my coins. This meant that coins which haven't seen the light of day in years could now be easily reimaged to reflect the refining of my photography skills.

    Now, instead of driving from one bank to the next I made a detour home for pictures. To tell the truth, it sure felt good to hold these coins in my hands again after not looking at some of them for years. Now I like the security of a safe deposit box but if I want to easily view my coins, I will need to buy a home safe.

    After reimaging and editing my coins I thought to organize all my pictures into power-point presentations mirroring my NGC registry sets. For instance, I started with my 1834-1933 gold type set minus the 1907 high-relief St. Gaudens double-eagle. All the coins in the presentation are organized according to the definition and order of my NGC registry set. Thus, when I decide to sell my set and pull it down from the registry, I will always have my former coins to look at assembled as a set. To tell the truth, this is all I  had with the online registry since all my gold coins are off-site and not all that easily accessed. So, if I have the pictures why do I need a home safe? All these are important questions we need to answer for ourselves as we assess what level of risk we are willing to live with.

    Oftentimes, when I get to thinking one thing leads to another and I began to think about eventually dissolving my entire collection before I pass away so as not to leave my wife and kids with that responsibility. Don't worry, reports of my demise are greatly exaggerated.

    What got me thinking this way is that my wife and kids have no interest in collecting coins. Thus, I think it is unfair to leave the liquidation of my collection to them when I am much more knowledgeable in the buying and selling of coins. Another point to consider is that who is more likely to get the most for the coins? I can't rationalize around that one, it's me.

    None of this is going to happen anytime soon as I am still actively collecting but at a much slower rate. Still, it is good and necessary to have a plan in place to make this happen before I am bedridden or worse. For my wife and kids, I'll offer them any coin from my collection they want for sentimental reasons. The other coins will be offered to certain collectors who might be eying my coins for their own collections. Otherwise, the low-cost coins will be handled through e-bay and the rest to a major auction house.

    In the meantime, I'll eventually have all my coins organized into power-point and word documents to enjoy for the rest of my life! Please enjoy this slide reimaged and made for my personal presentation! Gary.   

    1855_ty-2_gold_dollar_slide..jpg

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    Naked Angel
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    I was able to go to the FUN show this past Friday (the 10th), and it was probably the best time I’ve had at the show since I’ve been going.  Living in Orlando has many advantages...and this is one of them!  This was the biggest show that I can remember, with over 1000 booths.  It was tough, but I saw it all in just over 3 hours.  I was able to pick up a 2019 Libertad 5 piece silver proof set for a great price, along with 3 other coins that I needed for my collection.  The gold panning people were there again, and I think in 10 years I might find enough to trade for a 1/10 oz, haha.  I also participated in the coin grading contest at the NGC table, and while it was fun I think I’ll keep my day job!  I didn’t do very well at all, so a new goal for this year is to be a better grader.  Friday evening NGC hosted a reception for registry participants that I attended.  They gave away a sample of the new Sacajawea dollar just for attending.  Mark Salzberg spoke for a few minutes about going through the Armstrong Family collection, and it was really fascinating.  They drew three raffle prizes and this guy won the last one!  I won a 2020 Silver Panda, not bad if I do say so myself.  It was a great start to 2020 and a great start to the collecting year!  If anybody else was there tell us what you thought of the show.14AFA64A-2B3E-458F-9F9B-AA86B6D44BC7.thumb.jpeg.bfc6429843a5ca04f650312ddf315768.jpeg

  12. I have made some offers to owners through Heritage to try to sneak out with a coin or two I want.  I did get one that way, and I have sold one that way too.  It's a nice feature.  Usually my offers are ignored or rejected, and I have admittedly rejected most of the offers made to me.  I am more of a collector than a dealer, and the coins I would sell usually were purchased pretty long ago when I wasn't as focused.

    Anyways, I was browsing the recent offers because it is a good picture of the market.  And I'll be interested to see what people have to say about this one!  See the 1850 O half dollar, without even a photo, that sold in 1997 for $431 which has a pending offer for $105,000, below. 

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    Typing error?  I don't know U.S. coins, but I have joked for a long time about how expensive they are compared to the ancient and medieval coins I collect.  I started a set of 1916 coins for my kid a few years ago, and the nagging hole in that set is the 1916 standing liberty quarter.  I will never be able to justify foregoing the rarer ancient gold I like just to put a quarter in a set that can barely be distinguished from a BU 1917 example that costs a couple hundred bucks.

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    Check out the progression of offers on this half dollar above.  Starting in 2016 someone started making modest offers, like $520, all the way up to a bold $1,200.  I guess they finally gave up on this owner ever responding or taking them seriously, won the lotto, and are back with a vengeance. 

    I can't wait to see THIS offer show up as rejected in a couple days.  The owner must have parted with the coin, lost internet access, become incapacitated, or REALLY LIKES THE COIN.  Too bad we can't see how awesome this beauty must look.

    Check your change for an 1850 O half dollar kids.

     

  13. First off, congratulations to all the registry participants and the winners of the 2019 registry awards.  As for me, I won a Classic Set award for my Mexico City 8 reales Pillar Dollars of Charles III (1760-1771).  This is my third major award and I had never posted about them in the past, but for this one I will make an exception.  I want to highlight the wonderfully broad approach that the NGC judges have chosen in selecting sets for their awards.  I haven't yet browsed through all of the other winning sets but I'm sure that mine is more of an outlier than most.  To start with, the advertised criteria for Classic Sets is "US or World Sets, 1792-1964" so my set has somehow slipped through the time-frame constraint.  But the point I want to emphasize is that, using my set as an example, you don't necessarily need the highest grade coins to be considered for an award.  I built much of this set from raw examples -- and most of my coins fall in the XF range!  

    Now, I know that many collectors that use the NGC journals or forums are not keen on registry participation for all of the valid reasons that you've posted but maybe some of you might reconsider your opinions.  I believe there are many magnificent collections out there that are just waiting to be recognized.

    Here is, perhaps, my least impressive coin from my set, grade-wise. VF details, but still a quite scarce variety.

    ~jack

    1763_Mo_MM_8R.jpg

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    Alcon1982
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    1940 call 4052744541 aks juan

  14. Marine Forever

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    This writing is not intended to anger anyone but rather to spark conversation regarding NGCs decision to allow PCGS graded coins to be added to NGC Registry competitive sets. In my opinion sometimes corporate decisions are made by bowing to the demands made by the loudest voices and not by what is right. I believe that it is far more difficult to obtain a higher grade in any coin with NGC than PCGS. This being said PCGS graded coins will be allowed to compete in NGC registry sets and given the same weight when even an untrained eye can see the difference in like graded coins. I feel this is an unfair advantage with the PCGS coins. PCGS has their own registry for a reason as did NGC. I am not maligning PCGS coins but I will state that in my opinion PCGS grade standards are for less stringent than NGC grade levels. This creates an uneven playing field. I have no problem with sets allowing collectors to showcase their PCGS coins on NGC registries. My issue is with allowing them to compete with NGC only (sets that only contain NGC coins) sets. I own a lot of NGC graded coins and not one graded coin from any other grading company because of their stringent requirement for each grade level. I have never collected coins based on monetary gain but rather first based on history and second on artistic beauty. My collections will never hold any graded coin other than NGC and I don't feel I should have to compete with a less stringently graded coin in a set. Again, I cannot stress this enough, my opinion is that there is a place for PCGS coins to compete but it is not in an NGC registry competitive set. I am betting that I am not the only one that has this opinion and would like to hear other opinions on this as I am always open to everyone's views and opinions. Maybe I will be convinced to change my opinion.

  15. Fake or real

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    I have this 1815 one dollar coin and I am wondering whether it is real or fake. 

    Please help me. 

    ThanksScreenshot_20191227-204647_OfferUp.thumb.jpg.3bbe4d1d76c79c57eeb213dab7fa61b5.jpgScreenshot_20191227-204658_OfferUp.thumb.jpg.69f5a1a54cae1de3b5c26fd607b7f8a1.jpgScreenshot_20191227-204658_OfferUp.thumb.jpg.69f5a1a54cae1de3b5c26fd607b7f8a1.jpgScreenshot_20191227-204638_OfferUp.thumb.jpg.8f5f329da6268d0bddada6fa3eee3d3e.jpg

  16. I believe that I am speaking on behalf of most collectors in here when I say that I welcome the inclusion of PCGS coins back on the NGC registry sets.  I think that NGCs construction of an all inclusive registry/database will continue to set them apart from other grading companies.  I prefer the design and layout of the NGC registry, along with the user friendly interface, will continue to attract the best coins to their site and service regardless of the holder.  Thank you NGC, from all of us.

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    I write this to protest NGC's decision to allow PCGS-certified coins back into the registry. After all, it was just a couple of years ago that NGC leadership made a big presentation about how PCGS coins could no longer compete in the registry.

    I feel that NGC's going back on this policy is a slap in the face of those collectors (myself included) who go to great lengths to ensure that their sets are 100% NGC certified 

     

  17. VSI68

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        I don’t know what other collectors think about NGC’s new policy but as for myself I think it’s good for these coins to be included.I don’t have many PCGS coins in my collection but I do have some I would like to add to my current Registry Type Set. I was able to use my PCGS coins in my Custom Set but not in any Registry Sets.To me this policy made no sense so I was glad to see the change.

     I would like to know what my fellow collectors think about this new policy both good and bad.

      By the way this is my first journal entry and a new area of the Collector’s Society I decided to explore.

     

     

     

  18. At a recent coin show, not long ago, I purchased 6 ancient Greek coins, 1 fairly old Japanese and 1 Spanish treasure coin.  I don't usually dive into a stack of unknowns unless I know a little bit about what I am doing as my stash got out of control, lapping up coins like a hungry cat on a dish of cream.  So, with not the irrational exuberance I used to be under, I have been shedding more common coins and looking to be the only one holding a certain item.  So, after asking a coupla dealers what they were worth, I went ahead and bought a bag of unknowns.  Right off the bat I sold one for about what I had in the whole stash, so figuring I was onto something, I had the rest of them graded and was quite happy with the results.

    Got back coins from early as the 5th century BC and I am very excited about 'branching out' as it were.  

    I find that in ancient Greece, there were thousands (2000+) polis's [city states] and each one made its own money/coins/currency.  That being said, delving into their history, dates (which are not on the coins) and pedigree (where and when they are from) can be a daunting task.  Just going on line and putting in what you think may lead you to your coin, is a fool's errand, unless you have unlimited time and even as a retired fellow, there are 'other things'.

    So, I had NGC do the legwork, and now I'm taking it from there.  I have seen that NGC doesn't cooperate a lot as there are no census figures, actual dates, prices and so on. And with that being said, they don't even recognize the coin beyond their description, so to put one a set, much less the registry, one must begin jumping through hoops.  So, be sure you are on track you want to be on.  I am going to pursue this avenue as I believe it will lead me down an unknown [to me] history lesson of the 1st magnitude.  

    I am going to attempt to put up pictures of my Greek Treasures, but if not here, perhaps you could go to my set registry and see them there.

     

    Anyway, happy collections to all.

  19. Goldenboy#1

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    I am in need of a 2015 W $10 gold Eagle NGC PF 70

    anyone looking to sell one for a reasonable price?

    rprefer@gmail.com

    Thanks

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  20. 1872/1 M overdate Sovereign: The Melbourne Mint opened in June 1872 after experiencing considerable delays. For one, the majority of the mint staff did not arrive until January 1872. Another problem was that Melbourne Mint had requested 1871 dies from the Royal Mint of England. They had requested 1870 dies, but that requested was not approved. While the dies were in transit - the Ship, Rangoon, sank in November 1871 before arriving in Melbourne. A second order for dies was made and arrived in April/May 1872. They were 1871 dies and were already outdated. An order for 1872 dies was made, but did not arrive until October 1872. The Melbourne Mint hired a Danish jeweler who altered the 1871 dies for the year 1872. The Mint issued (minted) the altered 1872/1 M Sovereigns only for a few days during the month of September 1872. The 1872/1 overdate is highly collectible and commands a significant premium over the regular 1872 issue. 

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