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 Replies: 21 / Views: 3,853 |
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Pillar of the Community
United States
1704 Posts |
I went to ANGSONLINE.COM and on their about us page there is no information as to who they are or their experience in grading coins. Break down this ebay sellers' userid snakerus4z5r and you get snake_r_us_4z5r that alone should tell you something. Even PCGS and NGC do not always get the date right on their labels. Here is one from NGC I have. It is a 1959 Franklin half I had hoped they would attribute as a double die reverse. They said they did not recognize the variety. The coin was sent to James Wiles who did attribute it as such.  |
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Bedrock of the Community
United States
17884 Posts |
ANGS is a basement slabber,and they have been around for about two years or so.
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Pillar of the Community
United States
604 Posts |
Quote:
Even PCGS and NGC do not always get the date right on their labels. Should that be sent back for correction? I know if I sent a coin in to be graded and the label came back with the wrong date I wouldnt feel like I got what I paid for. More importantly I would think because the date doesn't match the coin then the grade itself wouldnt be accurate for that coin. If I saw a graded coin and the date didnt match what the label was, I wouldnt buy it. Such a simple error shouldn't happen. |
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Pillar of the Community
United States
1186 Posts |
The name of the slabber is missing a letter;it should be ANGST.
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Pillar of the Community
United States
7375 Posts |
Also missing the s on snake(s) r us.
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Pillar of the Community
United States
1704 Posts |
@Neo13x my initial thought was to return the coin to be reholdered and was told that there are collectors who actually buy slabs with errors on the labels sometimes paying more for the slab error than for the value of the coin in it so, what to do? I decided to just leave it the way it is and when NGC finally gets around to attributing this error I'll send it in to get the attribution and correct the date at the same time. It was originally in an ICG holder graded MS-65 so NGC just confirmed that the coin is of that quality.
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Pillar of the Community
United States
604 Posts |
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there are collectors who actually buy slabs with errors on the labels sometimes paying more for the slab error than for the value of the coin I never would have guessed that. Then again maybe they just said that so they didnt have to correct their mistake.  |
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Pillar of the Community
United States
4211 Posts |
That's why I stick with the top two companies when buying a slab. They do make occasional mistakes but not like these other fly by night companies. And yes, doesn't anybody read feedback?
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New Member
United States
33 Posts |
@Neo13x I have actually been told it is against there terms and conditions to profit off of a mistake made. I had a 1932-S Quarter labeled as a D. Maybe MS-62 grade cannot remember exactly. But I do know it brought a large premium based on any price guide and whether it was a S or D. When I called NGC to ask about an invoice I mentioned the coin. Then try to say it was against the terms to profit from that. So I am not sure what to do. Seems like it would be very hard for them to catch you.  |
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Moderator
 United States
23522 Posts |
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Then try to say it was against the terms to profit from that. Fortunately for you, they lack a legal leg to stand on. Once you buy the slab, you own it, not them. |
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Bedrock of the Community
United States
17884 Posts |
Doesn't matter. In the guarantee they define things that are obvious errors as being "mechanical" errors and the guarantee does not cover them. They will reholder and correct the error for free but no compensation will be paid. So if you bought a slab labeled 1932-S quarter and it has a 1932 Philadelphia quarter in it you are NOT compensated even if you paid 32-S money for it.
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Pillar of the Community
United States
2077 Posts |
I like the 21 digit ID number, That's enough to grade every coin minted since the beginning of time a million times over.
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Pillar of the Community
United States
1750 Posts |
ANGS...snicker..chuckle...lol.
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Valued Member
United States
415 Posts |
Some buyers do pay premiums for mislabeled slabs. My advice is to NOT send it back. Keep or sell it for the premium. I think what NGC meant by not profiting off the 1932 d/s quarter situation was that you shouldn't mislead a buyer in thinking its the higher premium coin hoping they don't check the date/mintmark. Also they probably don't want to look like an overnight grading service making rookie mistakes.
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Bedrock of the Community
United States
17884 Posts |
I think what they mean by not profiting is that you buy a 1932 quarter that is mislabeled 32-S, it is a "mechanical error" that they will correct for free, but they will NOT pay you the difference in value between what the slab says it is and what it really is. YOU will not profit off their "mechanical" error.
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First Page
Posted 11/03/2014 11:07 am
