Author Topic: ncs candidate recommendation  (Read 4696 times)

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Offline dennisma77

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ncs candidate recommendation
« on: September 29, 2016, 01:54:22 PM »
Hi Everyone,

I got email from NGC saying a few of my coins might be good NCS candidate.  Does that mean these coins have good chance to get graded 1-2 point higher if ask them to proceed with NCS conservation?

Thanks
DM

Offline jc888888888

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Re: ncs candidate recommendation
« Reply #1 on: September 29, 2016, 02:32:07 PM »
hmmmmmmmmmmm   normally you would think so  ......2 points higher i doubt it ,I will share with  you a personal experience, I had a 1 oz platinum unicorn  1996 I believe the coin was very nice ,pretty expensive coin 4000-6000 depending upon grade ,,sent it in comes back pf68  with the same NCS do you want to proceed with NCS good candidate proposal ....with this coin of course no brainer  it is 1000 to 1500 difference between 68 and 69      IT CAME BACK PF68

Offline dennisma77

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Re: ncs candidate recommendation
« Reply #2 on: September 29, 2016, 03:23:37 PM »
Was the grade 68 prior to conservation?

Offline dennisma77

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Re: ncs candidate recommendation
« Reply #3 on: September 29, 2016, 03:50:41 PM »
hmmmmmmmmmmm   normally you would think so  ......2 points higher i doubt it ,I will share with  you a personal experience, I had a 1 oz platinum unicorn  1996 I believe the coin was very nice ,pretty expensive coin 4000-6000 depending upon grade ,,sent it in comes back pf68  with the same NCS do you want to proceed with NCS good candidate proposal ....with this coin of course no brainer  it is 1000 to 1500 difference between 68 and 69      IT CAME BACK PF68

Was your coin 68 prior to conservation?  They usually tell you the current grade with the ncs candidate recommendation.

Offline jc888888888

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Re: ncs candidate recommendation
« Reply #4 on: September 29, 2016, 03:52:06 PM »
yes  they will tell you what the cuurent grade is but will not guarantee an upgrade with conservation  ,,it is kinda implied:) or at least you get the feeling that is what they are trying to tell you

Offline jc888888888

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Re: ncs candidate recommendation
« Reply #5 on: September 29, 2016, 03:52:50 PM »
Was the grade 68 prior to conservation?

yes and it stayed the same

Offline UniqueCoins

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Re: ncs candidate recommendation
« Reply #6 on: September 29, 2016, 03:57:29 PM »
I had a Mao 1993 100Y Gold Coin.
Ive choosed NCS, but they have forget it to conservation.
NGC have write to me, its a NCS candidate...  :001_rolleyes: The coin gets a PFUC67.
Ive resend it with NCS and it gets a PFUC69  :001_tt1:

Offline 1668Chris

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Re: ncs candidate recommendation
« Reply #7 on: September 29, 2016, 04:02:25 PM »
I had a Mao 1993 100Y Gold Coin.
Ive choosed NCS, but they have forget it to conservation.
NGC have write to me, its a NCS candidate...  :001_rolleyes: The coin gets a PFUC67.
Ive resend it with NCS and it gets a PFUC69  :001_tt1:

Probably because they removed the copper spots

Offline jc888888888

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Re: ncs candidate recommendation
« Reply #8 on: September 29, 2016, 04:05:48 PM »
Probably because they removed the copper spots


 lol   LOVE IT   you might be right but golden lord  could have removed them 100 years from now and h would have got a 69   copper spots are not damaging:)

Offline UniqueCoins

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Re: ncs candidate recommendation
« Reply #9 on: September 29, 2016, 04:07:36 PM »
No, they have removed a fingerprint. Because of this ive choosed before NCS.

Offline KeepOnTrying!

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Re: ncs candidate recommendation
« Reply #10 on: September 29, 2016, 04:43:27 PM »
Apart from the possibility of a grade upgrade after conservation another benefit (depending on the causative factor) is to limit further coin surface deterioration from things like PVC damage.

I remember NGC making a similar recommendation to me about 12 years ago for PVC damage on one of my gold coins then.

I had a similar recommendation for conservation some months ago due to "residue" on an antique silver coin. Following that it graded PF68 which was great as NGC was still being stingy with their grading then.

It is not my impression that they make such recommendations "too" often.

I would suggest trusting their professionalism but you are free to seek a second opinion from PCGS but PCGS does not "like" conservation anyway!
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Offline Utah3

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Re: ncs candidate recommendation
« Reply #11 on: September 29, 2016, 05:48:18 PM »
I recently had NGC ask me if I wanted 2 large silver medals from  1990 and 1989 to have conservation.
They were already graded by them then at PF68 and PF69.
I agreed and within a week I was notified that the medals graded out both PF69.
Pleasant experience on that transaction.

Move fast, could be a window of good times.

UTAH3

Offline jc888888888

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Re: ncs candidate recommendation
« Reply #12 on: September 29, 2016, 08:13:45 PM »
Apart from the possibility of a grade upgrade after conservation another benefit (depending on the causative factor) is to limit further coin surface deterioration from things like PVC damage.

I remember NGC making a similar recommendation to me about 12 years ago for PVC damage on one of my gold coins then.

I had a similar recommendation for conservation some months ago due to "residue" on an antique silver coin. Following that it graded PF68 which was great as NGC was still being stingy with their grading then.

It is not my impression that they make such recommendations "too" often.

I would suggest trusting their professionalism but you are free to seek a second opinion from PCGS but PCGS does not "like" conservation anyway!

I agree I had a coin that was not upgraded but it was a fairly high value coin and it came back beautiful.. I would suggest to always consider the risk reward .. I might not jump and do it on something like a 2011 silver panda the additional expense might not be worth it ,but in general like KOT I think it isn't a bad idea.. I can tell you I have graded probably a couple of hundred coins this year and I believe I have only been  asked  if I would like to NCS 3 times.So I certainly do not think it is a money grab.  and an upgrade is always a nice surprise:)

Offline dennisma77

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Re: ncs candidate recommendation
« Reply #13 on: September 29, 2016, 11:08:18 PM »
i hope my coins all get upgraded.... :)

Offline Tao-Panda

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Re: ncs candidate recommendation
« Reply #14 on: September 30, 2016, 03:20:25 PM »
Could you explain the process how NCS asked you if you wanted a conservation ?
Did you submitted your coins for grading only (without asking any NCS service) and NCS contacted you spontaneously ?
Or did you submitted your coins through NCS on the submission form ?

Offline jc888888888

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Re: ncs candidate recommendation
« Reply #15 on: September 30, 2016, 03:42:19 PM »
 I have submitted coins for regular grading without NCS  and in the middle of the grieving process they ask you after a recommendation that the coin should be conserved if you would like to   At that point in time you know what grade they are going to give the coin's without conservation you can either except or decline

Offline KeepOnTrying!

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Re: ncs candidate recommendation
« Reply #16 on: September 30, 2016, 04:10:44 PM »
Could you explain the process how NCS asked you if you wanted a conservation ?
Did you submitted your coins for grading only (without asking any NCS service) and NCS contacted you spontaneously ?
Or did you submitted your coins through NCS on the submission form ?

In the two examples I gave I had submitted the coins straight to NGC for routine grading. The staff contacted me by email regarding the recommendation to conserve the coins before grading due to pvc damage and residue respectively.
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Offline Russ 736

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Re: ncs candidate recommendation
« Reply #17 on: September 30, 2016, 04:12:14 PM »
I have submitted directly to NCS for red spots and general clean up on gold coins with good results on improved appearance. On silver coins, if it is a case of tarnish or plain old dirt, they do a good job. They can't fix WSOD. Somewhere, either in the paperwork or on the NGC newsletter, they make the statement that instead of submitting directly to NCS ( if you are going to have NGC grade it ) you can just note in the comments section of the NGC application that you would like any coins/medals sent to NCS before grading " if the graders feel that NCS can IMPROVE APPEARANCE. That is the key phrase. NCS aims to improve appearance but doesn't claim to improve the grade the coin will receive because of their treatment.

Russ

Offline Tao-Panda

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Re: ncs candidate recommendation
« Reply #18 on: October 06, 2016, 07:23:47 AM »
Thank you for all your replies.
It is a very good point that NGC check coins and take contact to recommend NCS conservation for increasing the coin's eye appeal even if there is no guarantee to reach a higher grade.

Offline dennisma77

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Re: ncs candidate recommendation
« Reply #19 on: October 06, 2016, 09:33:36 PM »
I just got grade info.
3 got 1 grade higher.
1 got 2 grade higher
1 remain the same grade.

Offline KeepOnTrying!

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Re: ncs candidate recommendation
« Reply #20 on: October 06, 2016, 09:43:24 PM »
I just got grade info.
3 got 1 grade higher.
1 got 2 grade higher
1 remain the same grade.

Congratulations. That was a good move to have them conserved!
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Offline twong

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Re: ncs candidate recommendation
« Reply #21 on: October 07, 2016, 03:29:03 AM »
Congrats, same thing happened to me before. Sent two graded coin for conservation only and got 1 back with higher grade and the other has same grade

Offline applenj

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Re: ncs candidate recommendation
« Reply #22 on: March 04, 2018, 06:01:40 PM »
So I have some (admittedly newbie) questions about NCS conservation.  This thread seemed more appropriate to bump up than to start as a new one....

I had some coins graded by NGC a couple years back.  I received no recommendations from them as far as conservation that I can recall.  A couple of my coins came back 69, mostly 68, and one 66.  Is there a consensus among this group on the value of conservation as compared to just being satisfied with what I got, particularly without NGC having recommended it? 

Also... NCS says they charge 4% of fair market value.  Is that based on the price chart at the ngccoin.com/price-guide/ ?

Thanks for any insight.  I'm learning a lot just reading through various posts on here.  Glad I found you!

Jeff

Offline 1003

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Re: ncs candidate recommendation
« Reply #23 on: March 04, 2018, 07:19:05 PM »
I have a question also. The modern tier is the least expensive choice for most panda coins, but NGC also says it has to be under $1000 to be graded under modern tier. So when you send in a 1 oz gold panda, which is the least expensive tier? Some people told me it can still go under the modern tier even though it is over $1000 and the grading fee is the same as a 1/10 oz panda. Is that true?

Offline KeyDate1/2ozPandas

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Re: ncs candidate recommendation
« Reply #24 on: March 04, 2018, 08:43:29 PM »
NGC Modern or NCS Modern tier has $2000 limit, so almost all 1oz coins should be fine under this tier.

Offline 1003

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Re: ncs candidate recommendation
« Reply #25 on: March 04, 2018, 11:28:21 PM »
Thank you, Arif. I thought it was $1000.

Another question is if I send in coin without specifying the variety, e.g., large or small date, does NGC identify the variety for you? How much extra is it to add the variety on the label?

Offline KeyDate1/2ozPandas

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Re: ncs candidate recommendation
« Reply #26 on: March 05, 2018, 12:05:54 AM »
No extra cost to to designate small and large date.  84 near and far date they sometimes charge for.  I always specify small and large date do graders are less likely to make a mistake, if you really don’t know then leave it blank.

Offline KeepOnTrying!

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Re: ncs candidate recommendation
« Reply #27 on: March 05, 2018, 09:11:31 AM »
So I have some (admittedly newbie) questions about NCS conservation.  This thread seemed more appropriate to bump up than to start as a new one....

I had some coins graded by NGC a couple years back.  I received no recommendations from them as far as conservation that I can recall.  A couple of my coins came back 69, mostly 68, and one 66.  Is there a consensus among this group on the value of conservation as compared to just being satisfied with what I got, particularly without NGC having recommended it? 

Also... NCS says they charge 4% of fair market value.  Is that based on the price chart at the ngccoin.com/price-guide/ ?

Thanks for any insight.  I'm learning a lot just reading through various posts on here.  Glad I found you!

Jeff

I believe that because of potential conflict of interest accusations NGC does not aggressively push conservation unless there is an obvious problem, such as residue, that could damage a coin if not removed. In that case they can recommend but not force conservation upon you.

I have had the experience on my coin being returned ungraded because I did not respond to their email recommending conservation due to residue (I somehow missed the email).

Conservation is not guaranteed to improve the grade of damaged coins. Therefore the primary screening has to be done before sending off the coin for conservation and grading. Now that the coins have been graded you could try examining them to see why they got their respective grade. That will help decide whether the grade can be improved by sending them back for conservation.
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Offline applenj

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Re: ncs candidate recommendation
« Reply #28 on: March 05, 2018, 10:10:39 AM »
Awesome.  Thank you! 

In starting to take your advice, I've discovered I was completely mistaken.  I'd used PCGS, and not NGC.   :ohmy:  I've gotten the strong impression from reading through here so far that NGC is far more valued than PCGS.... to the point of making it worth the expense of resubmitting? 

Offline tater

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Re: ncs candidate recommendation
« Reply #29 on: March 05, 2018, 01:52:57 PM »
I have had good luck with NCS.  I typically submit to them prior to NGC receiving the coins.  They have help out a couple of 1/4 oz gold pandas that I bought for bullion cost because they had red spots on them.  They came back spot free and MS 69.

Offline applenj

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Re: ncs candidate recommendation
« Reply #30 on: March 05, 2018, 02:16:02 PM »
Great.  Thank you.  I had one come back as an MS-66, but what I can see of the discoloration looks like it might be a prime candidate for an NCS upgrade. So I think I may give that one a try to start.  I'm gonna have to study the others harder to decide potential cost-benefit. 

Thanks for the input!   :001_smile:

Offline tater

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Re: ncs candidate recommendation
« Reply #31 on: March 05, 2018, 02:24:46 PM »
Great.  Thank you.  I had one come back as an MS-66, but what I can see of the discoloration looks like it might be a prime candidate for an NCS upgrade. So I think I may give that one a try to start.  I'm gonna have to study the others harder to decide potential cost-benefit. 

Thanks for the input!   :001_smile:

feel free to post some photos and get the opinions of the folks on this forum.  They've helped me out a lot.

Offline applenj

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Re: ncs candidate recommendation
« Reply #32 on: March 05, 2018, 03:02:25 PM »
Excellent!  I didn't know if that would be presumptuous.  On this board?  Or on the "What's it worth?" Board?  Or just continuing within this thread?

Thanks for the help!

Offline KeepOnTrying!

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Re: ncs candidate recommendation
« Reply #33 on: March 05, 2018, 06:10:18 PM »
Excellent!  I didn't know if that would be presumptuous.  On this board?  Or on the "What's it worth?" Board?  Or just continuing within this thread?

Thanks for the help!

You could start a new thread for the specific coin(s) with a title such as “Advice needed on possible coin grade” or “Should I conserve these coins” or any other suitable title. Please submit as clear a picture as you can of both sides of the coin. There are very experienced members who could render opinion/advice on most issues about Chinese coins here.

Probably best not to place under “what is it worth?”.

You can post under Mordern Chinese Coins. The most recent thread there now is the one by Mirkkanen “Are You Buying, Watching or Selling?”
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Offline twong

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Re: ncs candidate recommendation
« Reply #34 on: March 05, 2018, 07:07:21 PM »
I got lucky one. My 1/4 oz 2000 gold panda MS 69 had small red spot and I sent to ncs. Came back spots free and they bumped my grade to 70

Offline applenj

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Re: ncs candidate recommendation
« Reply #35 on: March 05, 2018, 09:58:41 PM »
Twong:   D'oh!  I'm gonna have to look real hard at mine to see if that seems possible.

KeepOn: Thanks.  I'll do that in the next few days, once I can get my camera out and get some reasonable pics.  (And once I study them much more closely to try to distinguish similar characteristics so I don't just post every one.  lol)