Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors Coin, Banknote and Medal Collectors's Online Mall Royal Estate Auctions - $1 Coin AuctionsVancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics 300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Where Do I Go? I Need Advice Big Time Winner?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 18 / Views: 1,935Next Topic
Page: of 2
New Member

United States
10 Posts
 Posted 07/02/2018  10:58 pm Show Profile   Bookmark this topic Add Diffyscoins to your friends list Get a Link to this Message Number of Subscribers
Let's say that the closer Wide AM pennies had not been discovered. If you were the one to discover an error worth over 90k, what's the best procedure to get graded
I have slight paranoia sending a coin off in the mail with a high value as such. I plan to go with NCGS unless other ideas? I'm feeling like this is a bit out miss and defineately not looking to miss after 3 years of hunting 1000s of dollars in coins.
Help is much appreciated
I will post findings for the group once I know what route I will be taking
Thank you so much in advance
Bedrock of the Community
Errers and Varietys's Avatar
United States
74444 Posts
 Posted 07/02/2018  11:15 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I would try PCGS out of any other grading services. I've heard that they're pretty reliable.
Errers and Varietys.
Edited by Errers and Varietys
07/02/2018 11:15 pm
Rest in Peace
Crazyb0's Avatar
10197 Posts
 Posted 07/02/2018  11:33 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
An unknown "error" as you speculate will most likely NOT be recognized by a TPG. Ain't gonna happen. They're in the grading business, not necessarily the attribution services. For that you need the experts of that field. Once it is a "new discovery", then referring all attributing documentation to a TPG can be done. Pricing will always be arbitrary, unless a known population exists or can be estimated. And, you may actually NOT have what you think you do, happens all the time.
Edited by Crazyb0
07/02/2018 11:38 pm
Bedrock of the Community
coop's Avatar
United States
62064 Posts
 Posted 07/02/2018  11:41 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Your asking a question about a coin that may/may not exist. So if you would post images of the coin, then we can tell you if you have the real deal or not. That where I would start. The dies are RDV-5-7 on the reverse cent dies. So it would make more sense to find out now, before you send it off and find you didn't have something. A lot of new collectors image they have a coin worth a lot of money and then find out it is worth was it says on the back of the coin. So lets see what you have first. Then go from there.
Bedrock of the Community
Errers and Varietys's Avatar
United States
74444 Posts
 Posted 07/02/2018  11:46 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Yes, I agree with Coop. If you can get pictures of your coin, that would be great.
Errers and Varietys.
New Member
United States
10 Posts
 Posted 07/03/2018  12:41 am  Show Profile   Bookmark this reply Add Diffyscoins to your friends list Get a Link to this Reply
I assure you out of the thousands of coins I've gone through this is one of a kind.
Now it's not a die break or anything like that. If a grading service will not recognise it then how did the close and Wide AM pennies become documented? This is a coin error that until that point had not discovered
I would love to know how they 'proved' themselves worth to get their new error coin graded
New Member
United States
10 Posts
 Posted 07/03/2018  12:45 am  Show Profile   Bookmark this reply Add Diffyscoins to your friends list Get a Link to this Reply
I will just get my documents ready and send off to PCGS. If I have to repay to prove the authentication or whatnot then I will. I guess I'll take my chances shipping it. I will release the pics once I have sent it off to be graded to those that would like to see it may. Until then I'll be keeping things on the low. Stay posted. Thanks.
Goodnight all.
Pillar of the Community
westernsky's Avatar
United States
7621 Posts
 Posted 07/03/2018  12:52 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Posting pictures here first might save you money, time and disappointment.

But hey, it's your call! Good luck!
Bedrock of the Community
Errers and Varietys's Avatar
United States
74444 Posts
 Posted 07/03/2018  01:05 am  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
If you're wrong though, than you'll be wishing that you listened to us and posted pictures. Do it at your own risk! If you're wrong, then just learn your lesson from it.
Errers and Varietys.
Bedrock of the Community
Learn More...
spru's Avatar
United States
12477 Posts
 Posted 07/03/2018  01:16 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
I highly suggest posting pics of it here first. If you do have something new, your identity is protected and you can still submit it to whatever TPG you choose.

I suspect you are about to waste some money, though.
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
Rest in Peace
Crazyb0's Avatar
10197 Posts
 Posted 07/03/2018  01:17 am  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Hey E&V...what is it with your generation? You guys seem to have all knowledge right from the womb! Sheesh! LOL

Edited by Crazyb0
07/03/2018 01:17 am
Bedrock of the Community
Errers and Varietys's Avatar
United States
74444 Posts
 Posted 07/03/2018  01:24 am  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Haha! I don't know Crazyb0. I'm just very knowledgeable, because I've done a ton of research on my own. I'm able to retain newly learned information pretty well. I'm a coin nut!
Errers and Varietys.
Edited by Errers and Varietys
07/03/2018 01:25 am
Pillar of the Community
United States
1901 Posts
 Posted 07/03/2018  01:32 am  Show Profile   Bookmark this reply Add Mrzllewellyn to your friends list Get a Link to this Reply
Yeah I suggest you post pics here
Bedrock of the Community
paralyse's Avatar
United States
12057 Posts
 Posted 07/03/2018  02:07 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
A particular example was in this month's Numismatist -- the story of the Vietnam vet who discovered the W mintmark on some 1999-dated $5 and $10 Gold Eagle bullion issues. The mistake happened when Philadelphia accidentally (or perhaps on purpose) sent some unfinished Proof dies to West Point, because production was falling way behind ahead of the perceived Y2K 'apocalypse' consumer demand and Philadelphia couldn't keep up.

The TPGs steadfastly refused to grade the discovery coin, look at it, or even agree that it might be a possibility; as they put it, 99% of "great discovery" stories tend to consist of them having to disappoint someone who thinks they struck it rich, so rather than even consider that this was a 1% exception, they just blew the guy off. Finally, after 8 attempts (!) Fred Weinberg agreed to look at the coin and was shocked to discover that it was real and the first of its kind ever discovered. It wasn't until Mr. Weinberg gave his blessing that the TPG's agreed to certify the coin and create the new variety (ICG and PCGS being the first two) -- it also received a Fivaz/Stanton number (FS-401) making it "official" so to speak.

Weinberg ended up acquiring over 1,500 of the $5 and $10 coins, mostly from original rolls -- that being said, PCGS has graded over 2,500 examples, and a MS-70 graded example has a PCGS price guide value of $3750.

The point, however, is that prior to a recognized expert in the field vouching for the discovery, the TPG's did not want anything to do with it. That's why it is important to have people (e.g. coop) who really know what they are doing review any potential new finds because otherwise the TPG's are not likely to listen, or believe, the average casual collector or non-collector.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
New Member
United States
10 Posts
 Posted 07/03/2018  04:49 am  Show Profile   Bookmark this reply Add Diffyscoins to your friends list Get a Link to this Reply
@paralyse
So are you saying #coop is God of the Coin World? No offense but he didn't even read my question right. I'm not looking for other people to 'see if I got something or not'
I know exactly what I have in my possession and could care less about flaunting it just yet. Something tells me guy with the 180k penny didn't flaunt his.
But as for what you provide. Thank you for the information. Highly appreciated
This is what I was concerned with. Mine is very easy to clarify as I can send in proofs that show the difference. Any coin will show the difference of that year.
So now I just have to get them to actually Look at the coin instead of read the cause of grading and laugh. But if I have to I will send in as many times as need be. All it will take is for one grade to say
, OK, what do we have.
Rest in Peace
Tootallious's Avatar
United States
1559 Posts
 Posted 07/03/2018  05:00 am  Show Profile   Bookmark this reply Add Tootallious to your friends list Get a Link to this Reply
  Previous TopicReplies: 18 / Views: 1,935Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.39 seconds to rattle this change. Forums