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Sometimes Ever The Professionals Get It Wrong

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Author Previous TopicReplies: 9 / Views: 1,872Next Topic  
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dooly's Avatar
United Kingdom
348 Posts
 Posted 06/15/2012  11:44 am Show Profile   Bookmark this topic Add dooly to your friends list Get a Link to this Message Number of Subscribers
Hi all

Got this slabbed shield for the collection

Sometimes-Ever-The-Professionals-Get-It-Wrong

as you can see it is listed as VP-20 .. well check out the pictures and you will clearly see it could not be VP-20

Sometimes-Ever-The-Professionals-Get-It-Wrong

Contacted NGC and with no hassle here it is now with the right VP-14 on it in a new type slab .. and all for free .. respect I think is due
Sometimes-Ever-The-Professionals-Get-It-Wrong
Pillar of the Community
United States
3184 Posts
 Posted 06/15/2012  12:35 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
great coin!
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robbudo's Avatar
United States
2759 Posts
 Posted 06/15/2012  6:46 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
good deal and nice coin.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 06/15/2012  7:35 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Nice coin but how did they get it wrong? You have to pay extra for attribution from what I recall, and also thought they had 2-3 separate experts look at a coin before assigning a grade and attribution?
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dooly's Avatar
United Kingdom
348 Posts
 Posted 06/16/2012  04:30 am  Show Profile   Bookmark this reply Add dooly to your friends list Get a Link to this Reply
I think it got the error because it was encapsulated by NCS not NGC and I think this could be one of the reasons why they stopped NCS holdering coins
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 06/16/2012  08:54 am  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
TPGs are human. :-)

I'm still trying to find a Micro O Morgan in a PCGS or NGC slab at a reasonable price. Many sellers are still trying to sell them at pre-2005 prices despite the fact they're counterfeit. :-)
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Conder101's Avatar
United States
17884 Posts
 Posted 06/16/2012  9:34 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Because both of the top two services are rather poor at getting attributions right especially in non-mainstream series. When it comes to Shield nickels. NGC is doing better on Conder tokens but for while they were wrong about 33% of the time. With Shield nickels for the longest time the impression was NGC was just sayign "well it kinda looks like that one, so we'll call it that." I've said for a long time that you need to verify any attribution listed by PCGS or NGC.



Quote:
I'm still trying to find a Micro O Morgan in a PCGS or NGC slab at a reasonable price.

In a slab identified as a micro O or not identified as Micro O? If you are looking for an LABELED one you are going to have a very tough time. Most of the PCGS ones were sent back to PCGS under their guarantee, and NGC only slabbed eight of them total and probably got some of those back. f you are looking for ones that AREN'T identified on the label then you will have to be looking at some rather old holders.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/16/2012  11:02 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I have seen numerous NGC slabs over the past 2 years where they couldn't even get the amount of Tail Feathers correct on 1878 Morgans so I definitely wouldn't trust them on a variety unless I knew for a fact it was what they said it was. The Variety collector is a special breed of numismatist that allot of the older collectors/dealers just don't know that much about. When you send a coin in for authentication to the TPG the submitter usually puts what variety they believe the coin is on the submission form and if the graders do not know better or even check to make sure they just mark it down what ever the submitter has put on the form. I believe this is how some 7TF's are being marked 8TF's and some 8TF's are being marked as 7TF's, they are just getting sloppy and not checking to make sure it is what the submission form says
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 06/17/2012  12:58 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
That's what I was alluding to Bryan. It's like they are rushing through and just copying what someone did on their submission form. I remember sending 5 coins in a few years ago, including two Peace dollars that were VAMS needing attribution. I dtermined what I thought they were despite being a complete newbie at it, and NGC agreed. On top of that, on 4 of the 5 coins they agreed 100% with the grade I had put on the submission form. The 5th was listed as improperly cleaned but genuine. So I did find it somewhat odd that the attributions and grades matched up 100% when I was no expert in either attributing or grading. I haven't used them since.
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Conder101's Avatar
United States
17884 Posts
 Posted 06/19/2012  3:01 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
When you send a coin in for authentication to the TPG the submitter usually puts what variety they believe the coin is on the submission form and if the graders do not know better or even check to make sure they just mark it down what ever the submitter has put on the form.

True. The finest known 1964 accented hair half dollar, a PF-69 UCAM, is not an accented hair piece at all. There was a guy on the PCGS forum who specialized in the AH halves and one day on a whim he sent in a very nice non-AH half and labeled it AH on the form just to see if they would catch it. Not only did they not catch it but it came back as the top pop coin PF-69 UCAM. Now the AH half is NOT a difficult variety to identify but they blew it.

And I you wouldn't believe the number of PCGS 1794 large cents I have seen labeled "Head of 93" that were actually head of 94 or even head of 95. (Check out the price difference between the head types. The RedBook prices will do. I'm not interested in the amounts but the magnitude between them.) Once again if you know what to look for it is easy to identify a head of 93 down to Fr-2 maybe AG-3.
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