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Mislabeled NGC Morgan  
 

 
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Valued Member
United States
398 Posts
 Posted 02/12/2018  12:59 pm Show Profile   Bookmark this topic Add JJuliano to your friends list Get a Link to this Message
Is there any additional value to this mislabeled NGC graded Morgan:



Thanks in advance
“Those who cannot remember the past are condemned to repeat it.” - George Santayana
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United States
4972 Posts
 Posted 02/12/2018  1:01 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
I highly doubt there is any added value to it.
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United States
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 Posted 02/12/2018  1:03 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
Looks like one of the graders didn't get his morning coffee
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8414 Posts
 Posted 02/12/2018  1:11 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
No premium in my opinion (unless the grade is wrong on the low side) . Others opinions may differ however.

Some where I guess there's a 1900 Morgan labeled 1890..
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United States
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 Posted 02/12/2018  1:22 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Some people do collect the error labels, it's usually bigger errors though like if it had labeled it a different denomination
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 Posted 02/12/2018  2:58 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Graders don't make the labels. Could have been mislabeled at any step from submission to mailing.

No additional value unless the coin inside is worth more than the label.
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 Posted 02/12/2018  3:05 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
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 Posted 02/12/2018  3:28 pm  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
moxking nailed it.

I have one from PCGS that is worth more than the listing on the label, but not enough to go through having it relabeled.

nice addition to a collection though!
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Edited by scopru
02/12/2018 3:28 pm
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 Posted 02/12/2018  8:09 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
More fun than value, although you will see people asking Moon money. Trumpeting it as major grading service error. Not getting it, but asking.

The TPGs call it a mechanical error and will fix it free. Call customer service and ask for a prepaid label.
-----Burton
43+ year / Life ANA member (joined 12/1/1973)
Owned by four cats and a wife of 33 years (joined 1983)
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