[INFO] Is NGC now grading physical cryptos? - page 2.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

Quote from: Spokanistan51 on September 13, 2023, 12:28:15 PM

I was never a fan of NGC's slabs. They look like the cheap $1 holders you can buy on Ebay (see below), with their printed card inserted with details of coin and heated to secure closed. As Mopar mentioned, appear very easy to crack.

https://www.ebay.com/itm/295449901522

No, they absolutely can’t be opened easily. They are well crafted slabs that are as air tight as any.

Steeley

sr. member

Activity: 1164

Merit: 268

Byzantine Generals' Problem solved,Prosperity Next

It could be they are all in now, however, I believe all graders have been willing to grade these Chad coins, and Niue coins too, for a long time. I think they do not categorize these as physical bitcoins, but rather country issued coins. PCGS, which thankfully is all in for physical bitcoins now, graded these Chad and Niue coins before actually making a business decision to actually grade physical bitcoins.

Spokanistan51

full member

Activity: 1817

Merit: 193

X/Twitter @MarkD_509 ; Facebook: @509bitcointrader

I was never a fan of NGC's slabs. They look like the cheap $1 holders you can buy on Ebay (see below), with their printed card inserted with details of coin and heated to secure closed. As Mopar mentioned, appear very easy to crack.

https://www.ebay.com/itm/295449901522

MoparMiningLLC

legendary

Activity: 2254

Merit: 2419

EIN: 82-3893490

I haven't tried it but it does not appear that the NGC slabs are sealed like IGC - they look like they can be opened easily.

has anyone tried? I only have one NGC slab so not wanting to break it if it's not possible lol.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

Quote from: Fattcatt on September 13, 2023, 10:15:24 AM

I think that ICG has the reputation of being the Crypto graders that collectors trust. Yes PCGS is the industry leader for fiat paper and coins, however, it's ICG... when
other collectors see that, they know these are authentic & can re-grade if they choose for for a higher premium. Coins are sealed & preserved for a greatly reduced price compared to PCGS cost for grading. Same goes for the even earlier graded coins by Anacs. Personally I love the yellow slabs from Anacs, those slabs speak to those of us whom have been here the longest. Jungle green, green & white slabs...all tell the story. Tongue

In the coin grading world though PCGS and NGC are hands down considered the worlds premier grading companies. I am not a huge fan of NGC simply based on the fact that they refused to grade cryptocurrency coins for so long calling them "fake coins". However IMO the NGC slab is hands down the best slab out there. Also NGC makes a number of slabs giving you more potential for having different "off-sized" coins graded.

I've told this story here before several times but Tread93 ( I think that's his user name off the top of my head) spoke with the head of NGC once and asked why they wouldn't grade crypto coins. He stated "we don't grade fake coins". Tread responded with.."but you grade the McDonalds Big Mac coins". NGC owners responded by saying "yeah, but those are really nice coins". lol

Fattcatt

sr. member

Activity: 1928

Merit: 354

I think that ICG has the reputation of being the Crypto graders that collectors trust. Yes PCGS is the industry leader for fiat paper and coins, however, it's ICG... when
other collectors see that, they know these are authentic & can re-grade if they choose for for a higher premium. Coins are sealed & preserved for a greatly reduced price compared to PCGS cost for grading. Same goes for the even earlier graded coins by Anacs. Personally I love the yellow slabs from Anacs, those slabs speak to those of us whom have been here the longest. Jungle green, green & white slabs...all tell the story. Tongue

MoparMiningLLC

legendary

Activity: 2254

Merit: 2419

EIN: 82-3893490

I have this coin graded by NGC

Kryptowerk

legendary

Activity: 2114

Merit: 1403

Disobey.

Interesting find, more options for crypto grading would be great, even though ICG is doing a good job so far.
I searched a little and didn't find any loaded NGC graded crypto coins. - Still too scary for most graders? Roll Eyes

minerjones

legendary

Activity: 3206

Merit: 3596

Long the hold-out for grading anything crypto related, have seen quite a few NGC slabbed "crypto" coins pop up recently on Ebay

Can anyone confirm if they are indeed grading "real" crypto (ie w/ holograms) or just crypto themed tokens like this one:

https://www.ebay.com/itm/20446008924

Topic: [INFO] Is NGC now grading physical cryptos? - page 2. (Read 568 times)