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Joydeep

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Everything posted by Joydeep

  1. It is a very basic aspect of human nature to form opinions based on self experience or that of others in proximity. I am not blaming you for it, but that is not what I meant at all. Let me elaborate the concept I had in my mind. When an individual sends a coin in for grading, TPG's could give them a secret access code/token (via email or printed form alongside the return shipment) to access a private set of pictures. Just like the verify certification page, the TPG's could also have a similar sort of page say the Owners Corner. This is the page whence the secret code is entered, the private set of pictures can be viewed. Now, when a transaction occurs, the owner furnishes the actual item alongside this secret code. So, basically the TPG is just hosting the private set and they do not get to or need to have knowledge of ownership. As far as the "too many graded coins" argument by some is concerned, lets separate the wheat from the chaff. The TPS's could implement this concept for coins valued at $1000 or over (value declared in the grading form or the TPG's own assessment/price guide). This would make sense as high valued coins are the primary targets of counterfeiters, also it would reduce the sample size by at least 70-80%.
  2. Hi Mark, I said access to the pictures on the TPG's database, not the pictures as a standalone entity that one can Save/Download. And as far as criminal elements getting access to them, how does it compromise the safety net ??
  3. Mr. Lange I commend NGC for it. I was talking of a more focused approach about two sets of photos, one for public viewing and one for owners only (private viewing). Maybe I was not clear enough.
  4. Well....I can certainly say that I have made mistakes and learned quite a lot from them. For example, one of my personal experiences in this thread. It is a bit too bold to go swim in crocodile infested waters and expect no harm. People must do the bare minimum as far as due diligence is concerned (in this case buying costly collectibles from a seller who has 0 ratings and has been on eBay for less than a year). This fact is stressed repeatedly for good reason. I have also noticed (may be I am wrong) that it is more often than not the PCGS coin slabs that are prone to such counterfeiting. One solution TPG's could consider is imaging/photographing coins within the slab (the complete unit, available for public viewing on the website of the TPG) and images of both sides of the coin in detail, that too remain in the TPG's database but only for the owner to view. (The one who gets it graded is the first owner, when a transaction happens, the owner has to furnish the actual item alongside access to the pictures and so on for future transactions). This would be a slightly resource consuming but a very effective safety net. P.S: I believe the whole Community has to come together (TPG's, collectors etc) to keep collecting safe. Whenever, I have come across counterfeits for coins I was interested in, I have messaged senior members like MarkFeld and some others, to raise voice in a strong, collective manner.
  5. Oh man.....perhaps the OP is aiming for puerile comedy.....if unintentional (one has to be unfamiliar with US coinage), it must be due to the wear on the coin that the OP and possibly others might mistake the E in CENT as a U.
  6. I avoid toned coins as much as possible unless it is exceptionally beautiful. Then again the cliche "beauty lies in the eyes of the beholder" is very true.
  7. Is there any way OP can determine the composition of this....an important lesson indeed but not necessarily a loss yet (I know its like expecting decency from a counterfeiter but I am being optimistic for the OP's sake).
  8. A coin graded by a top tier TPG like NGC will fetch more than if it was sold raw. The seller did what he had to do (including sending them in for grading) and taking the risk (could have gotten details grade). He has generated much greater wealth in this process. I guess Capitalism in this sense of the word.
  9. Well....certain terms in the west (unfortunately and everyone knows why it is so) have a negative | supremacist connotation. Being from the Indian Community myself I would like to tell everyone that names like Aryan and Swastika are quite common in our community (especially in the Hindu community). In the east they have a positive implication.
  10. Well...the lettering on the coin says VN CVARTO DE BALBOA.....that would be 1/4 or Quarter Balboa. It seems to me to be on the lower end of MS. What other coins are there in the collection ? Any large crown sized ones ?
  11. Not as intricate as the British Crown but very beautiful none the less. One of my favorites.
  12. Due to the enormous delays, I grew skeptic as to what the thinking and strategy was. I sincerely hope this was not the plan all along. I see even the Early Bird Tier has been already updated to $38 from $35.
  13. Perhaps by making it mandatory to submit beforehand, online, a copy of the completed submission form(s) alongside the shipping/tracking info of the package to count as incoming traffic. Anyway, the strategy to limit and how they do it is entirely up to NGC to implement. I see no other simplistic way NGC getting past these enormous delays in the near future. I am just trying to point out a path. Maybe there are other individuals just like this....but I am afraid I cannot relate to this at all...I fill in forms the day before mailing.
  14. Submissions entered into the system on 03/25, no status updates since 03/30 ! NGC has the option of disabling/limiting the submissions page for a short amount of time, but, of course this will not be considered a valid option because it is a business and profit the ultimate goal irrespective of the fact that most customers, if not all, are unhappy because NGC has made a mockery of the turnaround times (and I am not even taking into consideration the time it takes to get submissions into the system after they have been delivered to NGC). COVID has become a harsh reality of our times, I have nothing but good wishes and regards for all. But, it is about a year now, to think that a successful business like NGC has been unable to re strategize a better way....well people are free to believe what they want.
  15. In the garb of "Turnaround times are not guaranteed" NGC cannot and must not take twice the turnaround times. I try not to lose my cool, but at this point it is not acceptable.
  16. Package containing Express Grading Submission (besides a couple of re-holdering submissions) delivered on the 19th of March, but, not yet in the System (as of March 24th). Please look into this.
  17. The dime, as per today's market silver price, is worth more than 15x its face value. As per the entire P+D mint package is concerned, I have seen pristine 1960 sets sell on eBay for around $30 - $40.
  18. I think you are missing the point I tried making in my previous reply.....it is unlikely and not necessary for all coins in a bulk submission to have the same grade or error designation.... Also, in case there is any confusion, I would like to clarify that NGC does not give the highest grade (i.e. 70) to coins with designated mint errors (atleast I have not seen one).
  19. Well....the number 101 after the dash means that the coin in consideration is the 101st coin in a bulk submission. It does not mean the 100 coins before that had the same grade or error. The seller may be right unless what he says you can do to prove him wrong....find a similar (in the same or higher grade and with the exact error) counterexample. P.S: The 100th coin in the bulk submission has grade 70. I looked it up, you can too.
  20. Well...it might depend on the type of membership you have. Some of the listed labels are for bulk submissions only (Elite Member Privilege). If you are a premium member, such requests are generally overlooked. P.S: If NGC mistakenly charged you for the label without providing it, you should definitely take it up with them.