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1959 P Wheat Cent Rarity Question

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 22 / Views: 2,072Next Topic Page 2 of 2
Pillar of the Community
United States
2869 Posts
 Posted 09/21/2022  1:36 pm  Show Profile   Bookmark this reply Add coin rejector to your friends list
"That is what I think too. I looked up the cert on NGC and the pictures match. It sold for under $20. I should have had my max bid higher."

.... Wait, you actually knew about this?!?! I'da thrown $20 at it. If another one comes up (& it never will), let me know, I'll buy it.
Valued Member
United States
96 Posts
 Posted 09/21/2022  6:33 pm  Show Profile   Bookmark this reply Add jsb to your friends list
I really doubt NGC would do something like that.
Bedrock of the Community
United States
94367 Posts
 Posted 09/21/2022  6:46 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
So tell us, @jsb, how did you come up with that image pair to begin with?
Valued Member
United States
96 Posts
 Posted 09/21/2022  9:01 pm  Show Profile   Bookmark this reply Add jsb to your friends list
From both the ebay Listing and NGC Lookup
Valued Member
United States
96 Posts
 Posted 09/21/2022  9:02 pm  Show Profile   Bookmark this reply Add jsb to your friends list
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United States
98402 Posts
 Posted 09/22/2022  12:01 am  Show Profile   Bookmark this reply Add Dearborn to your friends list
I think that NGC possibly mixed up the images for this. If you look at the images (very carefully) from ebay and from NGC - you will see that the seller used the exact images taken from the NGC site. So using the sellers pictures is a mute point.
On NGC's site there is a disclaimer stating

Quote:
If the information displayed above is incorrect or does not match the coin you are verifying, or if you believe that you have a counterfeit or tampered NGC holder, please contact service@NGCcoin.com. To learn more about counterfeit or tampered NGC holders, click here.

So by this statement, NGC acknowledge that errors can occur. As I believe that this is the case here.
Obverse images - ebay on left, NGC on right.
1959-P-Wheat-Cent-Rarity-Question 1959-P-Wheat-Cent-Rarity-Question
Reverse images - ebay on left, NGC on right.
1959-P-Wheat-Cent-Rarity-Question 1959-P-Wheat-Cent-Rarity-Question
Edited by Dearborn
09/22/2022 12:19 am
Valued Member
United States
96 Posts
 Posted 09/22/2022  08:38 am  Show Profile   Bookmark this reply Add jsb to your friends list
I contacted NGC via their contact form, waiting for a response.
Valued Member
United States
96 Posts
 Posted 09/22/2022  11:41 am  Show Profile   Bookmark this reply Add jsb to your friends list
NGC has confirmed that the images were incorrect on their site and fixed them. I guess that ebay auction winner isn't going to be very happy.
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United States
1648 Posts
 Posted 09/22/2022  2:21 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list
That was a nice catch @JSB, sounds like you would be good at 'cherrypicking' varieties or errors online when images are verified to not be stock. I had tried that for a bit and even found some only to be sent different coins than the images shown (which were used as stock photos from other examples) so try to verify the coins are the actual ones being offered.

I had found the ebay listing and contacted the seller as mentioned after your post, who had confirmed it was a unusual mistake in the ngc photos as the actual coin itself with that certificate did not have the wheat reverse. I was awaiting photos from the seller to post here, but since NGC has confirmed that the images were incorrect on their site and fixed them there (which the seller also used), its no longer needed. If you look up the certificate again it now shows the correct reverse without the wheat back. The seller will let the buyer know and offer a refund before sending to them just in the unlikely event they bought it thinking it was an error due to the wheat reverse in the image. Its too bad that wasnt a wheat reverse as that would have been potentially worth tens of thousands and would cause quite a lot of excitement! Keep searching
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Valued Member
United States
96 Posts
 Posted 09/22/2022  5:17 pm  Show Profile   Bookmark this reply Add jsb to your friends list
Do you mean Tens of Millions (inflation) ? lol
Pillar of the Community
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3237 Posts
 Posted 09/22/2022  5:35 pm  Show Profile   Bookmark this reply Add SamCoin to your friends list
This has scam written all over it.
Bedrock of the Community
United States
94367 Posts
 Posted 09/22/2022  5:53 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Sounds like an honest mistake now corrected.
Pillar of the Community
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1648 Posts
 Posted 09/22/2022  6:08 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list
The mistake was from NGC in their photo they put on their site, now fixed, which was used also by the seller for the listing rather than taking new photos, and neither the seller and likely the buyer as well were even aware of the potential 'error' value as that was pointed out only by JSB here. The listing also was not trying to sell this as an error coin nor pump up the value as it wasnt even mentioned, just happened to be a mistake that if it wasnt a mistake would have been an amazing find for that buyer at $19.50 when it could be worth tens of thousands if authenticated. As a lesson if you see something like that might want to bid higher and take a chance, I'm sure JSB would have been if it turned out to be a super valuable coin.
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United States
96 Posts
 Posted 09/23/2022  10:26 am  Show Profile   Bookmark this reply Add jsb to your friends list
I could have retired early for sure.
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