NGC coin grading failure share my pain and learn from my 6 fails

The apprenticeship path can be severe and full of barbed wire broken bottles and mines. I failed so you can survive. Here is the original video full of optimism and undiminished joy • Next batch of selected...

[@McGsilver]

Watching your unboxing of these is like watching a good movie. There is happiness, sadness, and heartbreak all mixed together.

[@gmail4218]

It would be cheaper just to buy coins that are already certified by NGC or PCGS. Both services stand behind their evaluations with a cash-backed guarantee.

[@silverwood6705]

@@gmail4218 Lately that is not an option for many people & MANY coins!!! The rare graded coins are so expensive, my strategy is to find great quality ungraded coins & get them graded. You either get a keeper, or you can pretty much doubling your money selling the graded, slabbed version that was lower than what you collect, no matter how it grades.

[@silverwood6705]

You are a riot!!!

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[@Caseshells123]

I am a power seller on eBay. You can get a refund on any purchase by selecting the return that says item does not match description. No matter the policy the seller states (no return all sales final etc) the seller has to accept the return and refund your money. I bought a 1922 Grant with star that was a fake clad. My machine told me it was fake and I got my money back from the seller. Dude did not even argue he knew it was a fake.

[@RealRabbit1124]

Ebay can't do anything if you purchase it outside of ebay/paypal. he said the guy talked him into not using paypal.

[@frannelk]

Refunds works up to 40 days, Isn't it?

[@Caseshells123]

If you use a card then you can fight it by contacting your bank that owns the card. As long as the purchase was finalized by a debit card or credit card you can fight it. But you can lose it as well. I am just letting people know that on eBay they can return anything they bought by checking the box that says the description does not match the product. It’s irrelevant if it matches as eBay policy is to believe the customer and make the seller take the product back on his/her dime.

[@mooinabc1]

what machine you using

[@NJgateway]

@@Caseshells123 That's good to know. Thank you.

[@darkracer1252]

the problem i have with grading is that you need to trust the mail man with them

[@benjaminjenkins210]

I'm sorry about the fake gold coin. Some people are such losers. He Will get what's coming to him one day.

[@Chadwickyboy]

Most of them don't, so I'd say that's wishful thinking.

[@jefferyboring4410]

They say fake and fake is the best news u can get other than it being from the us mint. That means it was likely real gold and was actually circulated he should’ve known that then u go down the latter to jewelers tokens souvenirs tokens then replicas . When they call a fraction gold coin a fake think of minted in a small assayers office for circulation by private investors. These coins r really misunderstood and theirs a lot to learn

[@thesailjunkie]

Buying raw gold on eBay is like walking through a minefield.

[@jeffreyclark3023]

Don't mess with e bay go to a real coin business idiot

[@derangedgaming3781]

Not really, “Item does not match description” == Refund 99.999999999999% of the time.

[@thesailjunkie]

@@derangedgaming3781 I'm glad you have the time to deal with pain in the ass returns.

[@RealRabbit1124]

@@thesailjunkie usually you end up with the item for free if it doesn't match the description. the seller doesn't want to deal with returns either.

[@RealRabbit1124]

@@jeffreyclark3023 there are reputable dealers on Ebay like MCM, Scottsdale, and APMEX.

[@margaretstoner4701]

Stop beating yourself up.

[@ladylibertystacker2014]

First of all, thank you for sharing your story with us. It takes balls and $$$ to have the courage to send many of your coins in for grading and to have some of them come back as fakes or cleaned, etc.!! I have learned A LOT from watching your videos! Truly!!! Anyone can brag about something they accomplished on KZbin, but not everyone is humble enough to share in what appears is a failure, when it is really the best kind of teaching we could ask for! Hats off to you sir! :-)

[@Numistacker]

+LadyLibertyStacker Nobody likes losing money but the risks are not huge as I have had lots of successes that make coins worth more and mostly all I can lose is the grading fee and even then since i have 100% good feedback on ebay since 2001 I never seem to have any problem selling anything that I list because of the confidence factor. I think that we all like hearing of failure as much as success and the Brits like failure even more than success )) but its quite entertaining to see someones misery and challenges too ))

[@ladylibertystacker2014]

Numistacker If it can happen to someone like you with a lot of experience, then think about what can happen to someone like me! LOL SCARY! Maybe I will try it someday but I will be super picky about what coins I send in! lol

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[@fredvalencia2205]

Amazon advertises copy coins for 6 dollars they dont even say copy on them that is wrong that encourages people to buy them and resell them to the public very bad for the new coin collectors that cant tell the difference.

[@nikolastalarico4993]

"Unless you know what you're doing, which I don't" is a big mood.

[@hawk00055]

This is one of your best videos ever! Nobody else shares information like this, it is so authentic and much appreciated. I am encouraged to go out and find interesting coins!

[@a.k.7116]

SCARY MOVIE VOICE!

[@RealLifeFinance]

Wow....almost nobody would share this...The value to us here is invaluable. I have almost pulled the trigger so many times buying a gold coin on Ebay….but have that sneaky fear of what do I do if it is not legit. Some of the damaged coins I could see the damage others I didn't and feel your pain. Thank you so much for sharing this review of what to do and not to do. Thank You!

[@fatheadcat9958]

Fakes are easy to detect. Weight plus diameter plus thickness as gold or silver if replaced by plated copper or iron. That's basic metal aside. For fakes made in gold or silver you just need a loupe and your eyes. Fakes are usually cast. Cast coins wont have the cartwheel lighting effect of new silver or gold coins when rotated under light. Also remember that antique fakes also exist which are generally accepted as restrikes by collectors.

[@MrSafetyForever]

Wanted to convey my gratitude to you for allocating the time to create your channel! Sadly, unscrupulous sellers appear to be on the rise! Thank you for sharing your knowledge and your beautiful collection!

[@newbiegarden]

I was a professional numismatist for 18 years and quit it all about 5 years ago. I almost miss coin collecting as I watch this video. The drama in the coin community just got to me and I would never turn back to that hobby. Still have a nice collection and sometimes buy but just for my personal studies. You will learn. You will develop a better eye for coin selection.

[@Numistacker]

Shame the drama got to you.. that video was a few years back and now after 900 more videos I think I’m developing an eye for it gradually

[@lfpurpose]

Hey man, would you be willing to give me your opinion on a coin of mine? It's an 1849-C $5 Liberty Head

[@unclesparechange647]

Great video! I was told by a coin dealer in 1980, the best way to learn about collecting/investing, is to buy the books first, then the coin. As time progressed I saw the formation of PCGS in 1986 and the world of coin grading, collecting and values changed forever. The purpose, I was told, was to establish a consistent reliable grading standard & market. So, if dealer in LA gave a value of a coin $100, a dealer in Chicago or New York would recognize the same price. Then an established registry would be created so coins could be tracked as they changed hands in the future. Values change based on supply and demand. There are NO bargains in rare coins! I was also told this by dealers. Many have told me they prefer PCGS graded materials. Legitimate ones anyway. Scammers, counterfiters and thieves wear suits too. As one very reputable dealer told me, "Caveat emptor", buyer beware and keep reading the books, attend shows and join a club. Educate yourself and you won't get scammed!

[@keithhaynes5348]

It's funny u say that; you can walk into any lcs with a graded coin, and will only get greysheet. You can argue till your blue in that face, but they won't recognize any TPC price guidelines, every LCS I've ever personaly been to, anywho.

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[@kellybowman538]

in my experience early on, wishful thinking and a lack of patience cost me dearly. thanks for the video and good luck in the future.

[@georgejetson4545]

ngc will bring you down even if the coin is perfect you will get a lower grade thn it should be

[@slipper409]

You should send the coins to a competitors grading company. See whats what.

[@Jabshier1980]

It happens the coins we though would get a High MS comes back AU “details” ... as for NGC they are the one to go to when it comes to World coins , I’ve noticed the NGC world coins fetch 10%-20% more than PCGS world coins ... I own Both PCGS and NGC also own some older ANACS white slabs ... I have nothing against NGC I’ve seen some under/over graded coins from both PCGS and NGC .... I’ve been to coins shows dealers and some collectors will only look at PCGS “slabs” they are drinking the “PCGS KOOL-AID” buying the slab and not the coin they are “brainwashed” in to believing PCGS is the most superior grader on market ... sadly I’ve seen many Over/under graded coins in PCGS holders as well.... Ask what real difference between an MS69-MS70 (modern coin) that will get oh , ahh , well .... there really no difference ! I looked at both MS69 and MS70 next to each other under 30x loupe NO DIFFERENCE ! What so ever ! Both PCGS and NGC are practicing Market grading they don’t want to flood the market with MS70 they rather see a bunch guys cracking out MS69s all day sending them back paying submissions/grading fees .... it all about making money grading

[@collectibles4u]

You hit the nail on the head there

[@flohiggins4210]

Your presentation is hilarious😂😂 Need to go to Coinhelpu you tube channel. Daniel has some good info on collecting numismatic coins. Being a coin dealer. Sorry for laughing but dude your so funny.😂😂

[@bobmccann2141]

Hi Numis..... grading is an art. So everyone has a opinion or thought. I have sent in many coins and failed myself. I must have sent in over 24 coins with obvious scratches. So we all get fooled or over look the marks. I find in order to grade coins, its good to have a sample of the coin you are grading in a holder already, if that is not practical, then get several other examples of coins and just compare them. Even if different in date and mint mark are not the same. 2nd you need to work under a certain type of light. Or at least 2 different light colors. Like a blue light color or a yellow light color. NOT actual colored lights, but the light spectrum is broad and has shades of different colors within the white light. 3rd, do not ever look at a coin once and decide to send it in, I look at a coin and then put it in a good flip and store it away for a few days. Then I take it out again and start to compare it to other coins. I am sure graders, have a vast catalog of either pictures and or coins to compare against. So you and I should look at other coins also. 4th when I think I have found 5 or more coins I want to send in, I collect them in a intercept shield box. This fights humidity and stuff. Oh also only examine your coins with white cotton gloves on. Make sure the wife does not use fabric softer and or drier sheets on these white gloves. 6th never talk to anyone when you are looking at your coins. Just your breath will spoil the surface of coin. 7th, for one of a kind coins, look at a coin dealers coins and or go to more shows to see what a coin looks like in a grading holder. 8th, I was told most dealers just deal with slabbed coins now. And if a dealer has both of slabbed coins and raw coins, well look out. They maybe selling the stuff that is not gradable to you! 9th you and I can not compete with a dealer or tv show in sending in hundreds of coins to grade a month. Did you know that they have a show or bulk rate to give to dealers on one hundred or more coins. So just think, you are a grading company. You and I send in 5 to 20 coins once or twice a year. Now the grading company gets maybe 3 to 5 hundred coins a month. Who would you give better grades to? And finally the single most important thing you should do is this. Take all the fake coins you have study them and compare them to other coins. If you think this coin is real, then send it to another company. Like Anacs or PCGS. Sometimes they think differently about coins. The coin you showed maybe real? Who knows...

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[@88997799]

If you want to know a coins condition just look up the same coin in a MS65 then you’ll know if its good or not. If it doesn’t match then drop to MS60... if it still doesn’t match then drop 5 more and keep looking until you find a coin that matches the one you’re looking at online.

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[@Welbeloved]

I have some coins from my grandmother, who passed @94yrs old. I found a list of the 11 most valuable coins to look out for & I have 3 on that list. I know absolutely nothing about coins.

[@GULFRAZMAJEEDseye8eyes]

Yes fully aware of NGC UK international coin grading and economics and comical. As I sent in an Ibrahim Lincoln copper coin 1943 and also 1933 British copper penneys to NGC international London to be graded . I paid for elite membership of NGC UK for coin grading plus further £100 and they was unable to do the job as they made excuses that it was a pgcs, so I sent them an envelope stamp £10 worth of address envelope to myself with chip also witnessed by the post office and many other people apparently they are unable to grade very expensive rare coins like my coins of Abraham Lincoln made out of copper 1943 D and 1933 copper British pennies .

[@chemez9262]

Thanks for sharing the mistakes... it is as important to share the failures, as successes.. thanks.

[@cv9726]

Thanks for the videos and tips, this makes me double, triple check my coins I am getting ready to submit.

[@ebayaccount675]

I totally agree with yout final comments, definitely brings some class to collecting.

[@wyattszakacs3457]

That’s why I get all my silver and gold from reputable companies and not some rando on eBay selling coins

[@bradleyheathfisher3297]

If anyone is interested in acquiring ZAR or the famous Kruger gold coins. please contact me Brad on 0799088752. i also buy back the Mandela range Medallions as of six months ago have depreciated in value due to overselling in the markets and are today only worth their weight in gold unfortunately. i can also exchange the Mandela range for other gold collections to help recoup some of your losses. .

[@dianebrady6784]

That does not always help. I bought a tiny Canadian maple leaf from a supposedly decent company. They cited their parent company as an authorized dealer and that seems to be the only try part of the transaction as the coin the tested as fake. I called both companies AND the royal canadian mint. I am in the process of trying to recover the loss as now I'm sure that the other 2 gold coins I bought will test fake as well.

[@TechnMoto]

I just sent out 20 coins. It will be a great learning experience for me too since I am new to coin collecting. Hopping for good results 😊. Thanks for sharing.

[@anotheroption2.0]

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[@Caseshells123]

Ungraded coins don’t pay based on someone thinking grade. Always pay on the low end. Dude says it a ms64 buy it as a AU 50 price. If he won’t sell it then move on do t fall in love with a coin

[@collectibles4u]

That's the best advice I have heard yet.

[@asheland_numismatics]

Good video. 👍 this is how we all learn. And cool US gold in there!

[@jordanmeader9469]

Thank you for sharing, all us without this first hand experience really appreciate your honesty.

[@nofortunatesonII]

How much does it cost have a coin graded by NGC?

[@Numistacker]

From $17 basic cost

[@nofortunatesonII]

Thank-you for the reply.

[@georgejetson4545]

try not to spend to much money they wont let you win

[@newsnowohio]

I have had some issues that's put my in the position to worry also when sending in older coins. I have a flying eagle 1857 very pretty and a 1885 indianhead struck thru debris. Extremely solid strike thinking of grading them

[@raymondstevens1306]

I'm just a small seller on eBay, who sells PCGS, ICG, and ANACS. I am a very honest seller, and am not afraid to be corrected if I am wrong about something. I never intentionally mislead any buyers, though I have had my fair share of troublesome sellers in the not-so-recent past, but I digress. I sell my graded coins at Coin World's pricing guide, and still accept offers lower than what is stated. If a slab isn't up to par, I make sure I put that information in the description, as well as provide detailed photos as proof of my claims. I also try to purchase NGC coins as well, haven't purchased any bank notes or anything of that sort, though I did come across a $20 star note at my local ATM. It's in pretty rough circulated shape, but is still worthy of being held in my personal collection. If you're interested in what I have to sell, I will post the link to my eBay page in the comments.

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[@TheChiefCoin]

You are a complete amateur that sounds like a professional. You tried your luck with a few coins, don't let it get too you. Just move on. It's all part of the experience. Remember one thing, Sovereigns are a mine field. Just be careful.

[@Numistacker]

Thanks for that... yes when I started I didn’t know much but 1000 videos later and having submitted 4000 coins to NGC I’m picking up a few things here and there

[@Puppyplay1]

Great video. I appreciate you sharing your experiences!

[@Numistacker]

Thanks so much

[@internetowywichrzyciel6971]

super interesting video! Keep doing.

[@goldanimal3931]

What scratch mark? I missed it???

[@88997799]

Damn dude. Haven’t you seen coins with NO scratches before? How could you think those coins were better? I can see all the scratches just watching your video without using a loop!

[@Numistacker]

The video was a very long time ago. I have made 950 more videos since then. Why not watch some?

[@ducheau100]

complete and utter disaster

[@AbsoluteCoins]

Such a good video! Been thinking about getting some coins graded. Please check my coin videos, I've just started on you tube!

[@pizavink]

Your not alone, I am a big fool when it comes to buying raw coins. So, I only buy those already graded by PCGS or NGC

[@anotheroption2.0]

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[@bobford7366]

part of the journey, brother.

[@TheChiefCoin]

Expensive album

[@mlopez6179]

Wish I had all that gold!! 😊

[@technoober2538]

Dont take it too hard you'll get the hang of it.

[@rtroyer8963]

There are some great online auctions from big name companies that you never have to worry about getting fakes from, Heritage & Stacks just to name a few. The "Fun Show" in Orlando FL every January is a great show for new and experienced collectors, NGC & PCGS have booths there and a hundred or so dealers, and lots of collectors to talk to.

[@rtroyer8963]

F.U.N. Show=Florida United Numismatists, in January and Summer FUN Show in July, also in Orlando. The Jan. show is the big one.

[@bvierville1]

Beautiful Indian head

[@tommcstacker4216]

I love your attitude. 🗽🇺🇸

[@markkotulich6346]

Just saw your video today and enjoyed it very much. I have never sent any of my raw coins in for grading, and have been a sucker who has over-paid for Proof 69/70, or MS 69/70 modern coins... You got some really nice results, despite the mistakes. Thanks for sharing and educating the rest of us. I was really amazed to learn that the Royal Mint made half farthings. Wow! I have some ungraded farthings, half pennies, and pennies. I even have two half cent coins and several large cent coins, all ungraded. Really cool video! Thanks from New Jersey!

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[@TheRealMrSnickers]

great video Numis. Thank you for posting it. Learned a lot

[@zoesdada8923]

British sovereigns are my favorite coins after Japanese gold coins.

[@AceBullion]

KZbin are working correctly. I just watched something on grading and bud they referred me back to you. HOORAH !!! I missed this video YEARS ago. But it was fun to watch. EEK that fake.

[@penguingaming6431]

numistacker do you prefer PCGS or NGC

[@Numistacker]

Mostly NGC

[@nonplayerzealot4]

You got the good British accent, Numis. Those are the type of honey dripping tone and Brit vowel accents and soft-Rs (without being cockney or Maggie Thatcherish) that are top drawer, bloke. So at least you got that, even if you DO get some body bags in return. You = lustah. Yanks = lusTERRRR. I got a Brit friend who sneers at our hard Rs.

[@Numistacker]

nonplayerzealot4 less body bags these days but still some. I blame my Hampshire mum for my accent

[@suec3215]

That was a really interesting video. I learned a lot!

[@numismaticstacker]

dont beat yourself man i have been burned from pcgs. your not a failure this happens a lot in the grading process. you just never give up, you win some you lose some!

[@davidboyd4026]

I have a fake silver Panda😑. And seen a 1910 Indian $10 at my local shop that is fake. The planchet is 24k gold instead of 90%?!?!🤔😮

[@MrDreday1976]

Thank you very much for sharing. Yes I feel your pain. I often find however, that lessons learned from mistakes are the ones learned well. And you are doing a service to all of us.

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[@michellemccanna3181]

I loved what you shared. I have great respect for you, but I’ve lost respect for the grading company. Seems they can make up the grading rules as they go , and not be held responsible for any belief that someone can expect an honest evaluation ? Justifying in Exploiting how people innocently put their trust in their grading skills as professional ? Is there small print in any paperwork you sign when you send your coins in ? That states they can not be held liable or accountable for being unethical ..not doing their job ? This is More than just taking advantage of you ! Do they Believe that this is To no fault of their own, that you trusted in their judgement, Let alone Paid a considerable amount of money in good faith , for a service considered to be exemplary ? Errr… this Pissed me off!! Your coins were beautiful.! I’d call them on that! get them graded again .. really..how many people have they screwed over because they were in a hurry or didn’t feel like doing their job ?? Or maybe an employee is exhibiting a god like complex? who’s gonna challenge them ? They are the most expensive of grading services.. from what I hear. This needs to be dealt with properly .. you deserve an apology & a refund, ask to have them graded by a professional!! ?? I apologize for my outburst! But geez, really!! ?? You have amazing coins!

[@ourdictatorship]

I would have paid XF 40 for your XF details Victorian sovereign and AU50 for the rim damaged farthing (who cares in a slab?) if you still have them in 2024. I am pdstor on that website you mentioned.

[@WiLNorCaL]

It seems as its very difficult to get problem free grading as many coins have some type of issue. Also I think this whole 3rd party grading deal was created to benefit dealers over collectors as a whole. I appreciate your videos and commentary on your experience. I would venture a bet that most average collectors don't fair to well when submitting coins. Thanks much!

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[@AlexandersLostTomb]

I'm so good I can grade your coins over the phone. The Ancient Coin Vault: kzbin.info/www/bejne/a4Daao2pjaqgn6c

[@aishayana4298]

I’m kinda surprised. You’ve sent in these coins for grading and I can buy them at my local coin store for spot or just slightly above. To me they are just bullion. Why would you want to spend money on shipping and grading ?

[@mycoinsfR]

WOW NICE COINS MY FRIEND

[@marianowini575]

I don't think it was a complete mess. When you uploaded the video with the coins ready to send I knew some of them were going to be details graded. Anyways, the ms indian head and the perth mint sovereign are beautiful. Same with some proper graded eagles. I have found very useful to set up a checklist when observing a coin before sending it to ngc/pcgs. That might help (especially with rim damage and removed from jewllery coins). I really loved the victoria half farthing; I found much more joy and thrill when I see that type of coins versus 20th pieces. Hope the next batch comes with better fortune! Cheers

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[@coinmaniac14]

If nothing else it was a learning experience! Every numismatist goes through something like this at some point in their learning, maybe not as severe, but at least you got it all out of the way at once. Very informative video!

[@BlueWaterSTAX]

Well done. We all learn from our mistakes. Thanks for sharing. Cool channel 👌🥈🥇🥇🥈🥇🥈🥇🥈🥇

[@Majicmoney]

God they are extremely strict 🤦🏽‍♀️ that sucks buddy but definitely don’t beat yourself up

[@charlesmuszall3823]

Great video... eBay is a joke when it comes to buyer protection and/or customer service! I closed my account a while back & will never do business with them again...

[@gmail4218]

Believe it or not, both Ebay and Pay Pal offer amazing buyer protection. Always make an HD video recording when a package is opened or sealed in order to verify its contents. I have a 100% positive feedback rating on Ebay and a $20 million selling limit. I only deal in PCGS, NGC, ANACS, and ICG coins (the best services in that order of reputation), and currency certified by PCGS or PMG.

[@frannelk]

Mate, You should be rich :-) , you have a lot cool and expensive coins there. Do you mind to share how much you pay for the coin grading service?, Cheers :-D

[@hihu7200]

I like to buy silver. I only buy it in person at a coin shop. I do not trust ebay.

[@ReclusiveMountainMan]

A slabbed coin is ALWAYs going to be worth more than one that isn't. This is especially true for American gold. There are a lot of counterfeits/fakes out there--some of which are really really good. So even when it's a common, a slabbed coin is a solid investment. You at least know it's genuine. Once slabbed, it will also be preserved at that state forever. So you effectively conserved the coin for eternity.

[@kmflynn329]

Thanks for sharing. I think the grading companies should offer up-grade cleaning services. Those jewelry marks could be removed, etc. Fun coins.

[@Numistacker]

Find out about our Epic bullion contest kzbin.info/www/bejne/h5nUmWWMp7Bsfbs

[@krotsin]

+Numistacker nice video. I enjoyed watching it. Thank you. I hope you had a chance to return that counterfeit coin.

[@bm20091]

Mmmmm.. I been searchin' first something that can help me fall asleep, without medicating. I think, this just migh...😴

[@Welbeloved]

I'll most likely watch this video again, but I wouldn't consider this a failure. Other than the one fake coin, wasn't every coin graded VF & greater?

[@nortgulec4141]

Hey there, I got an 1853 $1. Could you help me to give a price of the coin?

[@Numistacker]

It is highly variable from $50 to $1000 or so

[@nortgulec4141]

Numistacker it’s shiny and uncirculated. i want to sell it. How can i send the pics of it?

[@gmail4218]

My Ebay rare coin store (certifiedcitynet) does seven figures annually. I deal exclusively in NGC and PCGS coins. You should never purchase raw coins unless you are a true expert or willing to assume a gigantic financial risk. You should only buy numismatically valuable coins, such as Bust, Seated, and Barber coins. Most modern coins are far too common to ever prove to be a good investment. Some rarities are vastly underpriced and thus bargains even if you pay full retail or more. I often pay well over PCGS Price Guide for certain dates. Yet, I would not pay $10 for many modern coins that list for $1,000 or more.

[@time4grace]

Since all are MS, and AU means those coins are all GENUINE! Just sell at the registry of Great Collections. It will depend on the MARKET how they will price those.

[@terrancenorris9992]

The worst case "buy" is getting a fake coin. I avoid this by purchasing ONLY from reputable dealers with excellent reputations. I do not buy from ebay or other flotsam and jetsam sites. 😊

[@time4grace]

Only use PCGS. / I notice this: Jewish shoemaker REFUSED to service a Christian: to repair her shoes. / Try not to use the service of Jews near their big Feast Day.

[@mustafaakhtar7835]

first of all I am sorry about your 1887 $1 Gold coin , it really sucks when these old pieces come back fake and you had not only paind for grading but you spend time, patience and money for buying that coin too. although your 1883 $1 , 1851-O Au53 are pretty. 1883 1/2C VF35BN is really nice coin 1909D $5 and 1908 $5 are just beautiful Indian head pieces very hard to get them graded according to one of the old graders I talked with at Long beach coin show last year. You have great collection going. I don't make video's :( not sure why yet, but you have inspired me to do so. Well check out our coin page on facebook Chinese panda coin collectors and happy collecting!

[@champstar9669]

I know everyone says not to buy from eBay. Thought I was clever enough to spot fakes, so no worries. Nearly ready to buy a few coins from a "trusted" seller with 40,000+ sales. Then noticed at the last second it was missing a key privy mark. So...ya. FORGET eBay. I don't care how cheap the coins are. Even a -50% discount is just not worth the hassle. And the eBay "guarantee" only promises a REVIEW...and that's AFTER you send the item(s) back to the seller...and only if they refuse to do a refund. If the eBay person doing the review doesn't have the knowledge to properly identify a fake, they could get confused and say you received the item that was described in the ad. A lot of situations could be a grey area. At the mercy of some idiot working from home with a laptop due to COVID. It's not like you're getting a proper review from an NGC expert.

[@ourdictatorship]

A very strange highlight, "scratch." Perhaps I just haven't seen too many NGC coins yet, given that I just started the hobby, but I thought they actually docked for hairlines more than they do larger scratches.

[@dolltron6965]

With eBay you know the risks going in but you could have probably saved yourself further loss by knowing the specification of the $1 coin (diameter,thickness and weight) typically if the gold isn't even real the specification will be off by miles either underweight too thick or too big or a combination. Yours looks like either a lower karat of gold (and would still be less dense) or gold plated. There's a tiny chance it's gold plated platinum as platinum was very cheap late 19th/20th century.

[@mikepict9011]

My personal math ( more novice then you ) I'll get graded coins where there is a good chance at hitting a big spread. In other words the 1880 o morgan near ms65 condition raw . I'll buy 10 coins around 200 each . If one gets ms 65 I'm set with the rest getting details . Same with PL surfaces on raw cc coins I'll get 4 or 5 at 4-500$ and if one gets a 65 pl or dmpl I'm set . If the coin is approaching 1000$ usd I wont buy a raw coin period. I'll buy the cheapest 66 or the 65+ and maybe go for a cac . But expensive coins are market strategies and need to mature. So a 20$ gold saint is one I bought slabbed because I believe the collector base will grow . Or a key date cc . Expensive coins buy slabbed and invest in a sticker ( lower risk ) coins with a big spread buy deep and dont be disappointed if 90% fall short

[@richardliew2725]

Wow you have a lot of quality coin thank you for sharing regards from RichardLiew from Kuala Lumpur Malaysia

[@TIOMKIN1]

Excellent Video. I love watching unboxing of graded coins. Good Job. Thanks. Out.

[@swipethestones6723]

I hope the counterfeit is at least 999 gold

[@1952creswell]

It's not. All mint issued gold coins (other than recently minted bullion coins) are 90% gold and 10% copper. If someone is going to counterfeit a gold coin it will be gold plated, not even close to 90%.

[@scott_hunts]

No self respecting counterfeiter will do that, they keep as close to the original as possible to keep consistent weights, color, etc.

[@gmail4218]

Numistacker, Would it not be easier and cheaper just to buy coins already certified, given your inexperience?

[@Charley_Buehner]

Meh - don't feel bad.... I broke out four NGC MS70s for PCGS, and got back three 69s and a 68....

[@jeffreyclark3023]

What the hell NGC is extremely exellent if you are not sure don't buy ,I have been collecting coins for 45 years Jeff CLARK

[@Numistacker]

That was an old video but I am now an NGC Authorised Dealer and have Graded 3000 coins. I would say they are good but not perfect. Congratulations on your 45 years of collecting Jeff

[@Caseshells123]

My biggest issue is what coins to send in to be graded. I have a membership and am deciding what to send. Gold or silver? I worry about spending. On grading and it’s just wasted as it comes back cleaned or bad grade

[@ARealGopher]

I have a handful of coins I was handed down by my gpa. Don’t know if I should submit any of them? Morgan’s, peace dollar, Indian head gold, just don’t wanna waste money sending in coins to be sent back labeled “Details”. What would you recommend?

[@arctictimberwolf]

Why would you pay somebody for their opinion. I shall tel you the Truth for FREE. *YOU GOT SCREWED PAL* ^!!^

[@wollin20]

As a collector of ancient coins, I don't have this problem with counterfeits. Just kidding! Anyway, it's easier to figure out if they are genuine, even from a detailed picture and precise weight, but you need to see MANY of them before.

[@charleskallay5484]

Both NGC and PCGS go through phases of inconsistencies. Grading coins can be very subjective. Let me suggest do your research, and like the rest of us, live and learn

[@andycensus]

I have a sealed tube of 2015 Silver Eagle W graded by NGC as Gem BU NGC, is it worth to pay to have them sent in to PSGC to have them graded individually?

[@johndohe7003]

Hello. Does a chipped coin slab affect the value of it at all? Can it reduce the price at all, or it doesn’t matter? What about scratches and cracks as well? The coin intact, it’s the slab/holder condition only that I am talking about. Thank you very much. I appreciate it.