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 Replies: 21 / Views: 3,986 |
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New Member
United States
15 Posts |
It's one thing for the grading company to accidentally put "Star" on their holder, but the seller too is claiming it's a star note which makes him look ignorant. The whole auction appears messed up.
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Pillar of the Community
 United States
1397 Posts |
Actually the seller says this at the bottom of the page: Quote:
1999 $100 SOLID serial # 55555555 STAR NOTE pcgs 64 PPQ... of course this cannot be accurate - its not a Star BUT the label says it is! |
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Pillar of the Community
United States
1397 Posts |
In this case I don't so much blame the seller (other than for having an outrageously inflated price trying to take advantage of a grading mistake) I blame PCGS. Not only did they add Star to the label, but they gave it an FR number that doesn't exist. They are supposed to be professionals, and this is totally unacceptable.
We are supposed to be able to count on grading companies to set the standard for which we can go out and purchase currency without having to worry that we are being ripped off. PCGS dropped the ball BIG TIME on this one.
The seller... well I give him half credit. He has a graded note that says star, but knowing that it is not he shouldn't advertise it as so.
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Valued Member
United States
397 Posts |
Friedberg #2176-E does exist. It's a $100 bill issued for Richmond, series 1999, signatures Withrow/Summers.
Not sure why they called it a star note though...
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Pillar of the Community
United States
1397 Posts |
Quote:
Friedberg #2176-E does exist. It's a $100 bill issued for Richmond, series 1999, signatures Withrow/Summers. 2176-E does exist but the number they gave was 2176-E* |
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Pillar of the Community
United States
1285 Posts |
This guy has some nice notes and is a very well respected dealer. He does Cleary state there is a misclassification for anyone taking the time to read.
As per the grading standards - All the paper grading companies have notes "misclassified" in their respective slabs. This is no exception.
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Pillar of the Community
3660 Posts |
Quote:
As per the grading standards - All the paper grading companies have notes "misclassified" in their respective slabs. This is no exception. CGA does not (so far). |
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New Member
United States
15 Posts |
What's irritating is that the seller is well aware it's not a star note yet it puts it in the title and description, before of course he mentions it's not. I would never trust him.
Edited by Bobo_Jenkins
09/15/2010 8:55 pm
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Pillar of the Community
United States
1285 Posts |
Zee, I know someone who has a "mis classified" CGA note. It's an error that was missed by all parties involved (previous owner, CGA and the currency dealer who took it on consignment).
Although I have not seen the note the story behind it and the price paid was rather silly (cheap). This note changed hands during the questionable period in CGA's history.
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Pillar of the Community
3660 Posts |
Hmmm, I stand corrected Ceylon. I copied and pasted the following from the CGA website, and misinterpreted it.
"CGA is the ONLY paper money grading service to never have certified a copy, counterfeit, fake or replica of any kind."
I have seen a counterfeit Confederate note go into a PCGS holder (very recently) and have seen several misidentified U.S. notes in holders but I don't recall the company (s).
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Pillar of the Community
United States
1397 Posts |
Quote:
I have seen a counterfeit Confederate note go into a PCGS holder (very recently) and have seen several misidentified U.S. notes in holders I suppose it is inevitable. If you own an airline sooner or later a plane is going to crash, own a canning company sooner or later someone will find a 12 inch black hair in their soup (like I did a few days ago... gross), have a landscaping business sooner or later Mrs. Smith's prize petunias are going to accidentally be mulched. So why not this. My employees are always trying to catch me in a mistake and once in a great while they do. I tell them I'm not perfect, I just make fewer mistakes than the average person. |
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Pillar of the Community
3660 Posts |
 Keep up the good work then Nick.  |
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Pillar of the Community
United States
1397 Posts |
Found another one today:  The 1702* is the blue seal version. This is a 2309* North Africa note. |
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Pillar of the Community
United States
1285 Posts |
I have heard of situations where the "submitter" makes an error on the "submission form" which then gets carried onto the holder.
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Pillar of the Community
United States
1397 Posts |
Still, if you are a professional operation you should catch that.
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Replies: 21 / Views: 3,986 |
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First Page
Posted 09/14/2010 9:41 pm
