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Numismatic Guaranty Corporation
August 2005  
 
 
   
1. Coins of the Month
   
2. Fire!
   
3. NCS Handles Eliasberg Gold
   
4. Submitter's Corner
   

 


UPCOMING EVENTS

September 21-24
Long Beach Coin & Collectibles Expo

Long Beach Convention Center
Long Beach, CA


October 20-22
Silver Dollar Expo

Greater St. Charles Convention Center
St. Louis, MO


October 27-29
Las Vegas Coin, Stamp, and Collectibles Expo

Mandalay Convention Center
Las Vegas, NV


 
Coins of the Month
Conservation: 5087270-001

Very few high-relief matte proof Peace Dollars are known from 1922 and only 11 have been graded by NGC according to the census report. Improper storage in this particular example's past left residues dulling details and leaving a splotchy reddish appearance on many of the high points and in the field. Through very careful examination, it was discovered that conservation could improve this coin's appearance and long-term stability for future enjoyment. With the residues removed, this coin is more stable for future storage. The increase in eye appeal and the lack of any revealing imperfections resulted in a higher grade when it was transferred to NGC for certification.
BEFORE
Coin of the month before
AFTER
Coin of the month before

Encapsulation: 5085671-001

EncapsulatedNCS offers a Genuine Only encapsulation service. Under this service, NCS will authenticate and encapsulate a coin, token, or medal in our hermetically sealed holder with a label stating it as simply genuine. This 1921 Canada 50c is an example of the kind of coin that can benefit from Genuine Only encapsulation. Very few examples of this rarity are known to exist since a large portion of the original mintage was never issued and was later melted in 1929. A past improper cleaning would prevent this coin from being graded by NGC but in an NCS holder, this important rarity is authenticated. For a list of eligible types for NCS Genuine Only encapsulation as well as current fees, visit our Web site at www.NCScoin.com.

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NCS Handles Eliasberg Gold

NCS has seen several of the recently sold Eliasberg world gold coin collection. A number of coins from the collection were graded using NCS Details Grader service due to surface problems that made them ineligible for NGC to offer a grading opinion. Still others have been submitted to NCS for conservation by their owners.

Some of the coins in the Eliasberg collection were not able to be graded by NGC because of irreversible surface problems. For these coins, a grade of the details remaining on each coin was determined along with a description of the problem preventing them from being graded by NGC. This information was then printed out on a 4x5 card along with a high resolution image of both the obverse and reverse of the coin.

A handful of additional Eliasberg coins have been handled by NCS after their new owners had submitted them for conservation following their sale at auction last April. "Although the frequency of Eliasberg caliber coins coming to the market has diminished, we have seen a steady increase in these types of coins being submitted to NCS," David Camire, President of NCS, said after conserving a small portion of the collection.

NCS is offering both encapsulation of coins purchased with photo-certificates and conservation of those pieces that merit work.

For additional information on NCS services, please visit our Web site at www.NCScoin.com.

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Submitter's Corner
The NCS Submission Form

Your NCS submission form is split into two large parts. The upper box is to be used when you request NCS Professional Conservation service. The lower box is to be used when you request only NCS Encapsulation services. Marking options in both sections may cause confusion and lead to delays in processing your submission.

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Fire!

Proper storage techniques are essential for the future stability and preservation of one's coin collection. Avoid holders containing the plasticizer PVC and seek chemically inert, hermetically sealed holders such as those offered by NCS and NGC. Reduce humidity as much as possible and store your collection where a constant temperature can be maintained. What if, despite these good measures, your collection is the unfortunate victim of a fire? NCS has recently faced the challenges presented by coins from four very different fires with differing results.

Of the four groups, the least affected by the fire was a collection from Washington. These coins were all in NGC holders inside an insulated safe. Only one coin had any permanent surface altering effects from the fire resulting in a downgrade. The remaining coins had any residues removed by NCS and were then graded by NGC. Though all of the NGC holders were partially melted, the coins inside were not harmed.

A group of coins from North Carolina were also in certified holders. In this fire, much more intense than the previous, the holders had deformed, blackened, and many had adhered to one another. Some clumps were so deformed and burnt that it was not known how many coins were in the group until after conservation was complete. The conservators at NCS were able to safely remove the coins from the melted plastic. All of the coins were still able to be graded by NGC after the conservation. Though the coins' original holders were a loss, the surfaces of the coins were not altered by the fire to a point that would prevent them from being graded by a major grading service.

Few coins in a large group from California were in certified holders. This group of coins had been in a large metal cabinet in a very devastating fire. Many coins had been adversely affected by the fire with spots of environmental damage remaining on the surface despite the best efforts of NCS conservators. Many of the coins adhered together in clumps by their holders, which were plastic flips (likely the PVC-laced kind), hard plastic snap-together 2x2's, and plastic tubes that had melted and oozed between the individual coins and hardened. Despite the devastation and lesser protection from the fire compared to the previous two fire groups, many of these coins from this fire have been freed of the residues and encrustations resulting from the fire, then graded and encapsulated by NGC.

The fourth group, also from Washington, displayed the most ill effects of being in a fire. This group, primarily made up of world coins, arrived at NCS as mostly blackened disks. This fire had uniformly deposited a black glossy substance on the surfaces of all the coins. Removal of this substance revealed coins that had been severely environmentally damaged. Most coins were unsalvageable as graded coins due to the extent of this heavy damage.

The type of holder your collection is housed in could be even more important than first thought. Considering the details of the four groups of fire coins recently conserved, the coins in the best holders were best protected and best brought back to life through NCS professional conservation efforts. Certified holders, such as those offered by NCS and NGC, offer the best protection for a coin not only in typical environmental circumstances but also in extreme environmental occurrences as well.

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