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My first NGC coins are back!

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stgecko

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Looks like I got alot to learn.

My first batch consisted of 10 Morgans that were suppose to grade MS63 or higher. This was only an oral statement made by the emcee of the show. Of those ten only one fit the statement. I had one score at MS64. The others consist of 2 improperly cleaned, 3 AU58, 1 MS62 and 3 MS61's. I would have to say that that's not even close.

I believe I learned a couple of lessons from this. My thoughts going in were that since 6 of the coins were of the same date and with a slabbed coin perhaps I could sell 5 of them at a decent little profit since they were going to grade so high. Now I plan on keeping them for prosperity or perhaps until a trade comes along for some commemoratives, early, that I want. Now I was also a neophyte when I sent those in and I'm much more seasoned now or at least a little bit more knowledgeable and philisophical. I'm certainly going to follow the adage "if the deal appears to good to be true it probably is" now. Oral contracts don't mean much when you don't know who you're dealing with.

Now the other box of coins included 1 First Spouse and 4 early commemoratives. I guessed correctly on the spouse, my Dolly Madison recieved a PF70 Ultra Cameo! Three of the commem's were body bagged as they were improperly cleaned. The one that did make it was the 1920 Maine and it recieved a MS65. I was really glad about that one. I have learned that it's tough picking out a raw coin off the internet and expect it to recieve a MS65 or greater. I guess I'm 1 for 4 which isn't the greatest. So from now on it's only graded coins from the internet for my collection unless I'm buying with price as a consideration like the Lafeyette coin or other spendy ones.

Of all the coins I sent in it was nice to have had a coupon for 5 free grades. That certainly makes it more bearable.

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