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Gold Buffalo slabbing error by NGC. What to do?

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Topic

seth
Valued Member

USA
122 Posts

Posted 11/03/2009 2:43 pm

I don't know why I never caught this before. Probably because I look at the coin and not the slab.

Anyway, I was getting ready to throw some Gold Buffaloes up on Ebay and caught this.

I have a 2006 burnished Gold Buffalo in an NGC First Strike slab graded MS 70. HOWEVER, the top line of the slab says, "2006 EAGLE G$50" then .9999 FINE-FIRST STRIKES. (I am guessing somebody got an Eagle marked as a buffalo.) Makes you kind of wonder how many coins don't get in the correct slab and are therefore mis-graded, huh?

The bar code number is a Gold Eagle series number.

SO, do I ask for a corrected slab? Will they then re-grade it? Will I lose the First Strike status?

OR, just throw it up on Ebay and note the discrepancy

Thanks,

Seth

Protected by Colt, Win, Sig & Sauer Alarm Co.

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Erwindoc
Valued Member

United States
175 Posts

Posted 11/03/2009 3:34 pm

NGC customer service should be able to tell you what to do and would be an easy fix.

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spaceace
Valued Member

United States
62 Posts

Posted 11/03/2009 4:20 pm

I wouldn't throw it on ebay even with that disclaimer because somebody might try to lodge a protest or some complaint once they get it and it could cause you some headaches. Even if you explain it, it could still be misunderstood since it is unusual/mislabelled, and some people would still make an issue of it (sad but true). I would definately talk to the grading company and let them handle it as a first option

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spaceace
Valued Member

United States
62 Posts

Posted 11/03/2009 4:21 pm

Plus, you don't want to take a chance on compromising your feedback on Ebay if something goes awry.

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seth
Valued Member

USA
122 Posts

Posted 11/03/2009 6:18 pm

Good point. TNX. (I wonder if the guy that sold it to me had seen it.)

I looked at the others and they have the same number series, so it must have been a typo.

Seth

Protected by Colt, Win, Sig & Sauer Alarm Co.

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texasnaturalresource
New Member

United States
6 Posts

Posted 11/07/2009 11:04 pm

Tell NGC your going to sell it to PCGS!... Unless they make it right & give you 10 free slabs. Might work.

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seth
Valued Member

USA
122 Posts

Posted 11/08/2009 12:56 pm

I didn't have to get that extreme. They responded in a day and were helpful and nice about it.

It is a MECHANICAL ERROR and will be corrected free. They gave me the procedure.

Of course, I have to pay the shipping. At least I am not paying a dealer markup on that.

Maybe gold will go up by the time it gets back!

Seth

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Andrew289
Valued Member
USA
300 Posts

Posted 11/11/2009 4:17 pm

I'd think twice about sending it back...some folks pay good money for slabbing errors and that one could bring in some extra money.

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Conder101
Pillar Of The Community

USA
2067 Posts

Posted 11/11/2009 9:57 pm

Yes they will fix it, but you will lose the First Strike label.

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seth
Valued Member

USA
122 Posts

Posted 11/11/2009 10:40 pm

Yeh, I asked them about that but they never answered that part. What I was hoping for is that it would now say it's a "First Release." That WOULD make it a one-of-a-kind. I'll call them.

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