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 smedSenior Member
Posts: 624
Joined: 21 Oct 2003
Location: Zephyrhills Florida
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 Posted: Sat Apr 17, 2004 2:08 pm |
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MarkMember
Posts: 43
Joined: 04 Jul 2003
Location: Florida
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| Posted: Sun Apr 18, 2004 10:51 am |
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Though I feel somewhat dirty talking about a Morgan dollar on this website (  ), NICE coin.
I have wondered about these coins, how secure is the NGC grade on the slab?
Mark
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smedSenior Member
Posts: 624
Joined: 21 Oct 2003
Location: Zephyrhills Florida
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| Posted: Sun Apr 18, 2004 1:30 pm |
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On the reverse the label says:
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| Notice: no warranty or guarantee is made with respect to this coin or any services supplied in connection with this coin. NGC hereby disclaims and implied warranty of merchantability or fitness for any particular purpose, any implied guarantee or grade or authenticity, and any other implied warranty or guarantee. |
In other words, "It ain't secure, we ain't guaranteeing crap 'cause some doodoo-head might try to scam somebody by switching coins/labels."
_________________
Life Member American Numismatic Association (ANA), Pensacola Numismatic Society
Life Member American Veterans (AmVets), Veterans of Foreign Wars (VFW), Fleet Reserve Association (FRA)
Member Loyal Order of Moose
Member American Legion
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MarkMember
Posts: 43
Joined: 04 Jul 2003
Location: Florida
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| Posted: Sun Apr 18, 2004 4:03 pm |
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smed:
Does the NGC disclaimer mean that it is physically possible to slip the grade from one coin to another? In which case, of what use is an NGC grade on the coin?
Mark
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smedSenior Member
Posts: 624
Joined: 21 Oct 2003
Location: Zephyrhills Florida
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| Posted: Sun Apr 18, 2004 8:10 pm |
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Not as such, but it may be possible to remove the tape in such a way that it's not ruined. I would imagine that it contains something to let you know that it's been tampered with. There's a little piece at the top and the big one at the bottom with the grade.
_________________
Life Member American Numismatic Association (ANA), Pensacola Numismatic Society
Life Member American Veterans (AmVets), Veterans of Foreign Wars (VFW), Fleet Reserve Association (FRA)
Member Loyal Order of Moose
Member American Legion
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 coppercoinsSite Admin
Posts: 2809
Joined: 29 Jun 2003
Location: Springfield, Missouri.
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| Posted: Tue Apr 20, 2004 2:04 am |
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Looks good Smed! I had no idea they would slab GSAs right inside the GSA holder. Learn something new every day!
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C. D. Daughtrey
owner, developer
www.coppercoins.com
cd@coppercoins.com
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smedSenior Member
Posts: 624
Joined: 21 Oct 2003
Location: Zephyrhills Florida
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| Posted: Tue Apr 20, 2004 7:37 am |
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NGC's been doing that for a while... not sure if anybody else does it.
The store has 3 more plain GSA's for sale and one that just came back from NGC. I'm thinking GSA's would be a good investment, but don't have the money right now. (well... i do... but i don't want to spend it)
_________________
Life Member American Numismatic Association (ANA), Pensacola Numismatic Society
Life Member American Veterans (AmVets), Veterans of Foreign Wars (VFW), Fleet Reserve Association (FRA)
Member Loyal Order of Moose
Member American Legion
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