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NGC Certifies Newman's Unique 1792 Washington President Gold Eagle

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spru's Avatar
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 Posted 08/16/2018  11:23 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply

Quote:

Quote:
Edit to say I do hope people realize to use PCGS

Why?


Yeah, I don't think it much matters in this case.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
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basebal21's Avatar
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 Posted 08/16/2018  11:43 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

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Why? At this level of privileged coins, only the extreme elite will be involved.


AKA the ones who overwhelmingly discount NGC. Without a deal that's a 6 figure cross over cost. It didbn't sell for nothing, but it very likely would have done better with PCGS.
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nss-52's Avatar
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 Posted 08/17/2018  08:16 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
PCGS vs NGC: It is pure conjecture regarding a UNIQUE coin such as this.
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Conder101's Avatar
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 Posted 08/17/2018  12:19 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

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It didbn't sell for nothing, but it very likely would have done better with PCGS.

I'll never understand that kind of logic. It is a unique piece. It is the same coin no matter what plastic it is in. It's like saying "I would love my wife more if she was dressed in clothes from this fashion designer rather than that one."
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macmercury's Avatar
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 Posted 08/17/2018  12:24 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply


What matter if this coin is in NGC or PCGS holder? Its the coin that's selling.
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Earle42's Avatar
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 Posted 08/17/2018  3:12 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
In my former post I was only agreeing that the price was lower than I would have thought a coin like this would go for. I was not agreeing about the PCGS comment that was later added in an edit.


Quote:
I'll never understand that kind of logic. It is a unique piece. It is the same coin no matter what plastic it is in. It's like saying "I would love my wife more if she was dressed in clothes from this fashion designer rather than that one."


One of the areas I dealt with frequently in my profession to better relate to the students/parents.

People with their dominant personality traits being melancholy and/or phlegmatic easier relate to the logic in how your statement relates to the issue. Debate by these people will be from researching to evaluate an "accepted" norm and backed up with verifiable data. Analytical thinking is a natural way of life. But (we!) they have to work to relate to people as social activities/emotions are not as easy as the next group...

People who are more sanguine and or choleric tend to rely upon systems/others as data-level analytical thinking is not a natural go to. As long as a professional title is involved, that's all the verification needed to put faith in the system. Any analysis will be approached with much less objectivity and instead tries to prove what the "experts" have already determined since, after all - the expert has the title.

Learning which of these we are gives an amazing insight into life in general and how others think. I once had a student of mine call it a cheat sheet for life.
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basebal21's Avatar
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 Posted 08/17/2018  4:16 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

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It's like saying "I would love my wife more if she was dressed in clothes from this fashion designer rather than that one."


That's not actually a terrible comparison considering that certain outfits will get someone more excited than others.

My point was really more that it's a hassle to have to cross things like that, is it the primary concern not at all but still why even chance that you could get one less bid because of that
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jbuck's Avatar
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 Posted 08/18/2018  12:43 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I'll never understand that kind of logic. It is a unique piece. It is the same coin no matter what plastic it is in. It's like saying "I would love my wife more if she was dressed in clothes from this fashion designer rather than that one."
Your problem is looking for logic where cognitive bias is involved.
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spru's Avatar
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 Posted 08/18/2018  01:30 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply

Quote:
Your problem is looking for logic where cognitive bias is involved.


Well said. I may write a requiem for logic.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Conder101's Avatar
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 Posted 08/18/2018  2:13 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Your problem is looking for logic where cognitive bias is involved.

True, I keep forgetting that people, in general, are not logical.
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SilverDollar2017's Avatar
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 Posted 08/18/2018  2:27 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
Who cares if the coin is in a different plastic holder? It's not the plastic that's rare and valuable, it's the coin.
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kylecolb's Avatar
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 Posted 08/19/2018  07:45 am  Show Profile   Bookmark this reply Add kylecolb to your friends list Get a Link to this Reply
For a coin like this who cares what plastic its in. Its a certified coin, you got a grade, and what the coin is. Move on with the PCGS vs NGC nonsense. Nobody is going to refuse this coin because of the holder.
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basebal21's Avatar
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 Posted 08/19/2018  10:36 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
For a coin like this who cares what plastic its in. Its a certified coin, you got a grade, and what the coin is. Move on with the PCGS vs NGC nonsense. Nobody is going to refuse this coin because of the holder.


I never said refuse, just that it price can be negatively impacted which does happen.
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Earle42's Avatar
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 Posted 08/19/2018  10:52 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Quote:


Quote:

Your problem is looking for logic where cognitive bias is involved.


True, I keep forgetting that people, in general, are not logical.


People preferring cognitive bias to logic rarely see they harm their own cause by digging a hole deeper and deeper. Lending a shovel makes the hole all the more obvious to newbies on the sidelines. And sometimes - if and when the hole gets big enough - the digger can see it also. Win win.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 08/19/2018  11:19 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply

Quote:
. I never said refuse, just that it price can be negatively impacted which does happen.


Gonna agree here.

Do I think its completely idiotic that someone would let this coin pass because of the plastic its in? Absolutely, most others would likely agree to some extent. Does thinking thats idiotic mean it won't happen? Not at all.

Who ever did buy it probably bought it for the coin itself and felt amazing at the discount he got. Now if He/She sent it to PCGS to reholder it they would probably make a serious profit at auction.
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