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Replies: 100 / Views: 13,226 |
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Pillar of the Community
United States
1913 Posts |
alvaro77, what grade does the coin look to you? If you do want to sell it, keep it in the slab and tell potential buyers that the coin speaks for itself. At a major coin show you can get plenty of offers, so you'll get a real idea of its value. Or, sell it on ebay. You'll get exactly what it's worth. Don't overthink this.
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Pillar of the Community
United States
4901 Posts |
Re: half First you say this: Quote: The coin looks like the grade is spot on, Then: Quote:So what do you recommend, crack the icg ms63 Walking Liberty half since the grade isn't accurate, So is it accurate or not?...and it really doesn't make much difference since the NGC MS63 and 62's both sell for around $35...raw would probably get less...
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Pillar of the Community
United States
1606 Posts |
Isn't base grading $35? Just sayin'..
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CCF Advertiser
United States
1533 Posts |
I would crack it out. There are many that won't even look at it in an ICG slab, but will buy it raw.
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Pillar of the Community
United States
4901 Posts |
I've got some pretty decent Morgan dollars in ICG slabs at a discount and most crossed to NGC at the same grade. Crack it out and it's worth maybe $15 I would leave as is....
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Valued Member
United States
124 Posts |
I will leave it as is foxwoods, I will just look at the slab as a coin holder for protection. No sense in cracking it to put in a capsule that will cost me like a $1.00. And will save me a trip to the local coin shop.
Edited by alvaro77 06/30/2017 4:57 pm
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Valued Member
United States
124 Posts |
Any news on the usmint statement on the 2015 p silver eagle controversy. Or was it fake news like cnn lol, and the mint lie about a new statement around today.
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Valued Member
United States
124 Posts |
Just release us mint statement. Box tracking numbers 10001 through 10159 were used on boxes of coins minted in Philadelphia. Those same box tracking numbers were also used on coins minted in West Point. However, only the West Point monster boxes were shipped with computer-generated labels. Because of duplication of box tracking numbers at Philadelphia and West Point, as well as any mistakes in labeling or the possibility that labels on the boxes could have been removed or altered at any time after shipping, the Mint will make no attempt to "verify" the origin of any boxes using techniques related to tracking numbers, labels, or otherwise. So there's duplicates monster boxes with same tracking numbers 10001-10159 for both P and WP mints,Wp boxes had computer generated labels and p mint did not, so dealers could just remove the label on the WP boxes and it will make it a P mint coin. So the slab 2015P coins from boxes 10001-10159 are from both mints. There's really no assurance it's really a P coin. You just have to take the TPG and dealers word for it that they didn't remove the computer generated labels to make it a P minted coin. So the population report is gonna show more than 79640 in the future, because there mix P and WP mints. The question now is, did NGC and PCGS just grade all the boxes 10001-10159 they got as 2015 P with out checking if it had or didn't had a computer generated label or if it was removed or did they even notice that. Probably not cause the news came just today. no way to know now, unless they still have the monster boxes and then it will be a mess to figure which coins came from what box.
Edited by alvaro77 06/30/2017 5:47 pm
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Pillar of the Community
 United States
7390 Posts |
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Valued Member
United States
124 Posts |
Some people never learn, there's still some buying the now obsolete 2015 p slabs for thousands on ebay cascade. Mcm, APMEX ect stopped selling them. the current slabs are no good anymore after the usmint statement, collectors will want the new graded slabs with the new criteria to determine origin. Because of the duplicate monster boxes tracking number. TPGs graded boxes 10001 - 10159 as P mint coins not knowing there were also boxes 10001 - 10159 for WP mint. HA they had to check if the monster boxes had a tracking sticker on them or not to determined origin and even then they could just remove it to make it a P mint box. Of course TPG will say they check for that, no you didn't the news just came out yesterday that you had to follow that criteria not just to verify by the box number 10001 - 10159 because of the duplicate tracking numbers there's also boxes with the same tracking numbers for WP mint  I'm a bit surprise collectors are so quit on this issue? Did some didn't understood the latest usmint statement and are confused if the current slabs got void or not yet. Or maybe they just want the label to say it and don't care if it's accurate.
Edited by alvaro77 07/01/2017 5:55 pm
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Valued Member
United States
103 Posts |
From the article: "Data on labels did not include box numbers or any sort of Mint identifier."
So the Philadelphia had labels but the labels did not mention the origin like West Point Mint or WPM. So it keeps people from ripping off labels and submitting it. It will be missing the original computer generated label without the West Point Mint identifier. That is what I got from it. PCGS said they won't grade an box regardless if it has a West Point Mint label no matter the serial number.
Edited by iamwayne 07/01/2017 11:11 pm
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Pillar of the Community
 United States
7390 Posts |
It's quite clear on how to identify 2015p boxes now. I just haven't gone back to look what the old code was to see if it is roughly the same as the new code. The already slabbed ones could be right
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Valued Member
United States
124 Posts |
Because of duplication of box tracking numbers at Philadelphia and West Point, as well as any mistakes in labeling or the possibility that labels on the boxes could have been removed or altered at any time after shipping, the Mint will make no attempt to "verify" the origin of any boxes using techniques related to tracking numbers, labels, or otherwise.
What part of the usmint statement don't you understand cascade. It's very simple, don't make it complicated. If the U.S. Mint can not verify the origin of the boxes then that means that the grading companies should not verify the coins either. It is underlined! Dont over think it like bret said. Dont say the slabs could be right. they should not be graded at all period. Do you really think grading companies got it right for every coin they graded as being from the P mint. it will be equivalent to saying this guy is the father of this baby with out a DNA test. But label collectors don't really care if it's accurate they are just buying the slab label and not the coin, as long as the slab says it's from Philadelphia there ok. If they cared for the coin they could just buy a $17 raw coin or a ms69 regular brown label for $30. I think this is why they are still buying them, they don't care if the mint says they got it wrong. Sorry if I got carry away, I just don't get why people are forcing it, if the mint can't verify them then that should be end of story. People that are forcing it are the ones that probably bought the slabs already.
Edited by alvaro77 07/02/2017 04:42 am
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Pillar of the Community
 United States
7390 Posts |
That's just a legal indemnity clause by the Mint. Doesn't mean what was slabbed previously is correct or not but it does probably mean the tpgs won't slab them any longer even with the revised coding.
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Valued Member
United States
390 Posts |
I bet a lot of people paid a lot of money for these mis-labeled coins. That really stinks. I can only imagine the bidding frenzy on ebay when these came up.
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Replies: 100 / Views: 13,226 |