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Coin vs Comic Grading
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7 posts in this topic

So I have ventured out from the coin collecting  world and Im gonna dip my toe in the waters of comics book collecting and I am gonna approach this as I do with coins in that I am a collector so that means Im not trying to turn a profit or even break even lol But the one thing I have to say is CGC as a company seems to differ vastly from NGC in a few aspects. A few of the differences are the CGC and NGC, and Im guessing but Im gonna say comic book grading and coin grading as whole have this difference no matter the company, Ill start off by saying that CGC and comic grading in general is far more transparent and less "elitist" than NGC. I mean every aspect of from the paperwork, to how to submit, the scale at which they are graded, I mean no only does CGC explain the grading process but the graders and management and etc from CGC are shown and listed on the website... NGC and its coin graders are part of WITSEC or in their down time they work for CAG or The Special Application Division/Special Operation Group and Im starting to think they arent even real.... Also when you go too track your submission and its all finished and graded what is this odd section labeled "Grader Notes" is that where the grader doesnt explain anything about or give you any information pertaining the grade and or etc of your submission? I know that cant be where the grader proceeds to justify and enlighten/regal you with what he seen as it pertains to your submission cuz that might actually be helpful..... But I will say that NGC and especially another coin grading company that shall not be named we will call them QDHT ( to solve use the letter in the alphabet prior to those for said companies intials) registry and database is vastly better and I would say CGC registry in all its glory is basically a chisel and a stone tablet while NGC and QDHT are AI enhanced cloud registar but maybe since I am a noob at this system with CGC but I think CGC registry might be "SPECIAL" you know what kind of "special " Im talking about... but I will say that is the only thing that NGC has an advantage over CGC. OK if you have made it this far in my little rant Id like to say WOW I cant believe we both have no life.... Any if anyone would like to maybe teach and exchange ideas and etc about comics and/or coins or really a plethora of other topics I am down like 4 flats on cadillac so message me or respond to this... Thanks 
 

FireShot Capture 008 - Coin Grading Certification Process - NGC - www.ngccoin.com.png

FireShot Capture 009 - Meet the Graders - CGC - www.cgccomics.com.png

Edited by ChanceDuncan
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On 8/4/2023 at 4:27 AM, ChanceDuncan said:

So I have ventured out from the coin collecting  world and Im gonna dip my toe in the waters of comics book collecting and I am gonna approach this as I do with coins in that I am a collector so that means Im not trying to turn a profit or even break even lol But the one thing I have to say is CGC as a company seems to differ vastly from NGC in a few aspects. A few of the differences are the CGC and NGC, and Im guessing but Im gonna say comic book grading and coin grading as whole have this difference no matter the company, Ill start off by saying that CGC and comic grading in general is far more transparent and less "elitist" than NGC. I mean every aspect of from the paperwork, to how to submit, the scale at which they are graded, I mean no only does CGC explain the grading process but the graders and management and etc from CGC are shown and listed on the website... NGC and its coin graders are part of WITSEC or in their down time they work for CAG or The Special Application Division/Special Operation Group and Im starting to think they arent even real.... Also when you go too track your submission and its all finished and graded what is this odd section labeled "Grader Notes" is that where the grader doesnt explain anything about or give you any information pertaining the grade and or etc of your submission? I know that cant be where the grader proceeds to justify and enlighten/regal you with what he seen as it pertains to your submission cuz that might actually be helpful..... But I will say that NGC and especially another coin grading company that shall not be named we will call them QDHT ( to solve use the letter in the alphabet prior to those for said companies intials) registry and database is vastly better and I would say CGC registry in all its glory is basically a chisel and a stone tablet while NGC and QDHT are AI enhanced cloud registar but maybe since I am a noob at this system with CGC but I think CGC registry might be "SPECIAL" you know what kind of "special " Im talking about... but I will say that is the only thing that NGC has an advantage over CGC. OK if you have made it this far in my little rant Id like to say WOW I cant believe we both have no life.... Any if anyone would like to maybe teach and exchange ideas and etc about comics and/or coins or really a plethora of other topics I am down like 4 flats on cadillac so message me or respond to this... Thanks 
 

FireShot Capture 008 - Coin Grading Certification Process - NGC - www.ngccoin.com.png

FireShot Capture 009 - Meet the Graders - CGC - www.cgccomics.com.png

Uhhhh yes the graders list notes on comics to explain flaws, it's not a guaranteed thing, but the CGC label on the back also has a QR code that will take you to them, on the slab, to see if there are any. Most below 9's in grade have them but certainly not close to all. Especially after 5-7 mil comics graded...and that is only modern labels, otherwise you can look up the cert number for graders Notes, and that goes back to CGC inception. @ChanceDuncan

Edited by ADAMANTIUM
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I do have a few coins which I know nothing about?

A 2 cent civil war coin from like 1865,  which I can barely make the coin out, so not a good imprint still.

And a 1978 2 dragmai Greece y76

Idk if any are worth anything,  but also recently found a 1942 wheat penny. :)

Any thoughts on these other than the historical significance of wars? 

@ChanceDuncan

 

 

IMG_20230729_134607756.jpg

Edited by ADAMANTIUM
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@ADAMANTIUM

Awesome looks like you have a nice wheat penny there and its a red.... Wheat pennies are just now becoming economical to start to submit for grading but only just so unless its a key date ( low production dates or low high quality surviving examples ) or in UNC ( Uncirculated ) state  (basically its a term used to describe a circulated coin, so no proof or mint set coins, that look as if it just came from the mint) coin... And with pennies they tend to naturally tone ( this is a vague term that has many different meanings in the world of coins but mainly just any natural change in color of the coin and that can be due to natural occurring change but also "non natural" occuring change. Coins are they most convoluted and abstract hobby if there every was one. Basically the only tine tone is deemed not "naturall" or "artificial" is if the change in color was done by a person with the intent to change the tone of the coin... So you can actually tone a coin and it be considered natural as long as intention wasnt to change the color of the coin... Example almost all the Morgan silver dollars minted in Carson City were never inititally circulated well for a few reasons ( ill gloss over it the Morgan was maded to be sent and used out west due to the people and businesses out west not really trusting paper money and unlike paper the coin itself holds value no matter the scenario) but by the time the got the mints up and running in Philly its 1877 and long story short when the CC mint got going it 1878 and the issues with the west not trusting paper money vanished.. All told, the combined output totaled just over 56.6 million coins, with a face value of just shy of $50 million. Today, it is estimated that no more than 4 million of these coins exist, with approximately 95% of this total attributed to just one of the ten types of coins, the Morgan silver dollars. So then the Sherman Silver Purchase Act, Panic of 1893 which seen which drastically increased the procurement and production of silver coins by the government. The act authored by Ohio senator and former Treasury secretary John Sherman, forced the Treasury to increase the amount of silver purchased to 4,500,000 troy ounces (140,000 kg) each month.[22] Supporters of the act believed that an increase in the amount of silver purchased would result in inflation, helping to relieve the nation's farmers.[23] The act also received support from mining interests because such large purchases would cause the price of silver to rise and increase their profits.[23] Despite the Act's requiring large purchases of silver indefinitely, it provided that the Mint must coin 2,000,000 silver dollars each month only until 1891.[24] Since the Treasury already had a surplus of silver dollars, minting of dollars dropped sharply beginning in 1892.[21] The silver that remained after mintage of the dollars was used to mint dimes, quarters and half dollars. And since the coins werent in that high of demand especially from the Carson City mint so it just minted coins and then stored them in burlap sacks in the mints vault and everntually they were supposed to be melted down.... but that didnt happen and in the 1890's CC mint was closed and US government made and  "anouncement " that anyone who wanted to exchange or but a Morgan CC could do so (no one knew about this except  a few big collectors and so t he coins sat in butlap sacks till about world war 1. My point is when they eventually released these coins to public the burlap sacks had caused any coin that came into contact with it to turn a brownish color but only where it touched the coin... So this toning was not natural but the numismatic gods said well as long as the what caused the toning wasnt used to cause the change in color its natural.... so yea thats how they do things in the coin world... and my long story was told to say that pennies have 3 color or tone type  Brown ( B)  RedBrown (RB) Red (R) brown is the most common and red brown is a little harder to find but red is the rarest and the most valuable... and you have there is a RED wheat penny,,,,     And if you made it to the end of this I apologize I have a master's degree in Philosophy of Physics and I tend to over explain and etc all in desire to be as exact and precise in the way I am understood... but if you want to know anythin about coins I am a wealth of knowledge but ill tell you  this I am collector and coins are the most backwards, irrational, counter intuitive, and constant reminder of its futility in even remotely understanding the grading aspect.... If you would like to know what i mean I would love to enlighten a non coin person and see if they see it in the way I see it.... Also like I said Im new to comic collecting so any and all advice and/or critiques you have they are welcomed  THANKS

 

FireShot Capture 019 - ChanceDuncan - NGC - www.ngccoin.com.png

Edited by ChanceDuncan
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