What is your opinion of NGC encapsulated and graded silver coins that were recovered from a shipwreck, yet are not attributed at Details - Environmental Damage? I only learned today that this type of grading exists. This is a simple guide describing the subgrades: http://www.shipwreckstore.com/cart/page ... fined.html
Of course I think this just marking baloney. Are people paying a premium from such coins. I hope not.
What say you?
--
Asher
Shipwreck Effect graded coins
Moderator: Daniel
Forum rules
Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
___________________________________________________________________________________________________________
You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.
3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
5. Do not send private messages about your coin unless an Admin ask you too and the same for sending emails through the board.
6. No spam. Do not post any links to your coin or other non-coin websites.
7. Always be respectful even if something makes you upset or you don’t agree with a member. You can always get a second opinion elsewhere. If you have an issue then politely ask an admin in an PM. PM’s are for issues, technical and personal, but not for coin questions (refer to number 5 on this list). Our community is not a soap box for complaining or drama, so please refrain from doing so here.[/size]
Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
___________________________________________________________________________________________________________
You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.
3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
5. Do not send private messages about your coin unless an Admin ask you too and the same for sending emails through the board.
6. No spam. Do not post any links to your coin or other non-coin websites.
7. Always be respectful even if something makes you upset or you don’t agree with a member. You can always get a second opinion elsewhere. If you have an issue then politely ask an admin in an PM. PM’s are for issues, technical and personal, but not for coin questions (refer to number 5 on this list). Our community is not a soap box for complaining or drama, so please refrain from doing so here.[/size]
-
- Coinasieur
- Posts: 197
- Joined: Fri May 22, 2020 9:21 pm
- Has thanked: 19 times
- Been thanked: 64 times
Re: Shipwreck Effect graded coins
I’ve never bought one, but depending on the coin and the shipwreck it was recovered from I might.
I don’t understand the issue?
They have classifications to condition.
Some coins from certain wrecks that are certified certainly see a premium paid.
I don’t understand the issue?
They have classifications to condition.
Some coins from certain wrecks that are certified certainly see a premium paid.
- Daniel
- Administrator
- Posts: 26495
- Joined: Wed Jan 28, 2009 4:59 pm
- Location: Ohio
- Has thanked: 1146 times
- Been thanked: 4158 times
- Contact:
Re: Shipwreck Effect graded coins
But it doesn't have a grade, this is like labeling a coin as cleaned, holed or filed, at least they give a AU or VF details to US coins, this coin they didn't even do that.
-
- Coinasieur
- Posts: 197
- Joined: Fri May 22, 2020 9:21 pm
- Has thanked: 19 times
- Been thanked: 64 times
Re: Shipwreck Effect graded coins
It kinda does. The label says it’s just a “Shipwreck Effect”
And there’s a description for that. I’d post it but not sure on copyright stuff. It’s just the basic coin with damage.
There’s A, B,C and then last is just “effect”.
The way I read it (at least the coin that pictured), is it’s authentic but lowest condition with no other grade assigned (UNC, AU, F, etc...)
But I do understand what you’re saying.
- Paul
- Master Die Variety Examiner
- Posts: 19071
- Joined: Wed May 29, 2013 9:19 pm
- Location: Wisconsin
- Has thanked: 906 times
- Been thanked: 3319 times
Re: Shipwreck Effect graded coins
Welcome,digispin wrote: ↑Fri Jun 18, 2021 8:00 pm What is your opinion of NGC encapsulated and graded silver coins that were recovered from a shipwreck, yet are not attributed at Details - Environmental Damage? I only learned today that this type of grading exists. This is a simple guide describing the subgrades: http://www.shipwreckstore.com/cart/page ... fined.html
Of course I think this just marking baloney. Are people paying a premium from such coins. I hope not.
What say you?
--
Asher
I'm not sure what "attribution" you are looking for.....?
I purchased one of these several years ago......."certified only for authenticity"
-
- Similar Topics
- Replies
- Views
- Last post
-
- 3 Replies
- 283 Views
-
Last post by JTCC
-
- 2 Replies
- 682 Views
-
Last post by Daniel
-
- 4 Replies
- 1707 Views
-
Last post by PetesPockets55
-
- 8 Replies
- 2293 Views
-
Last post by dipper13
-
- 4 Replies
- 4448 Views
-
Last post by Daniel
-
- 1 Replies
- 6898 Views
-
Last post by Daniel
-
- 1 Replies
- 350 Views
-
Last post by kurtspringmann
-
- 13 Replies
- 5975 Views
-
Last post by Earle42
-
- 3 Replies
- 1461 Views
-
Last post by Earle42
-
- 13 Replies
- 10716 Views
-
Last post by Earle42