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Service Advisory:
Submitting Raw Coins
About half of the coins received by NCS for conservation
and then transferred to NGC for grading are raw coins.
Unfortunately, many of these coins are not suitable
for NGC grading due to pre-existing detrimental surface
conditions that cannot be removed through conservation.
In most cases, these raw coins were previously improperly
cleaned and have been re-toned or artificially toned
to conceal their impaired surfaces. While NCS can address
the re-toning or artificial toning that was applied
to hide the underlying surface problem, we cannot "restore"
the damaged surfaces so that the coins will grade at
NGC.
In cases like these, NCS conservators will remove harmful
residues and contaminants in order to stabilize the
coins, but they still may not be suitable for grading
by NGC. None of the procedures utilized by NCS will
cause a coin to become a "no grade." All of
the NCS conservation techniques are non-invasive and
remove foreign material while preserving the original
surfaces.
After all of the raw coins are conserved, NGC grades
the entire submission. All coins that are not graded
by NGC are returned to NCS where they are graded as
problem coins and encapsulated. NGC grading fees are
only applied to the coins graded by NGC. NGC-graded
coins are returned by NGC, and the NCS-graded problem
coins are returned by NCS.
For more information about submitting coins, contact
NCS customer service at 1.866.NCS.COIN.
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NCS Details Grading for Problem Coins
NCS
began certifying problem coins on September 1, 2002,
with a details grade and problem description, but no
"net" grade. Since then, submissions have
been strong and steadily increasing.
"We are very pleased with the response to the
service as coins we have certified can be found in auctions,
prominent dealers' cases at shows and even on eBay,"
says Brian Silliman, NCS assistant director of operations.
"Dealers have long complained that the subjective
'net' grade usually assigned to a problem coin is not
always representative of the coin's condition and negatively
effects their ability to trade the coin. The NCS Details
Grade, on the other hand, provides an accurate description
of the coin and is easier to trade."
Problem coins can be submitted directly through the
NCS Certification Service level on the submission form
or as a service option after conservation. For more
information, contact NCS customer service at 1.866.NCS.COIN.
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NCS Authentication Service
As
reported in Numismatic News and Coin World, the American
Numismatic Association's Authentication Bureau has been
closed and no longer accepts submissions. NCS's Authentication
Service, on the other hand, is going stronger than ever.
NCS started its Authentication and Encapsulation Service
on September 1, 2002, in conjunction with its Details
Grading Service for problem coins.
"Our Authentication and Encapsulation service
fills an important void in the market place now that
the ANA's Authentication Bureau has closed." says
Brian Silliman. "Having two former ANA Authenticators
on staff in addition to other highly skilled and experienced
numismatists makes NCS uniquely qualified to offer a
service like this."
Under this service, coins are authenticated and varieties
are attributed. Then the coin is encapsulated as genuine.
Coins can be submitted to this service directly, using
the NCS Certification Service section of the submission
form, or as a service option after conservation.
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