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Am I Being Paranoid About This NGC Graded Coin?

 
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Author Previous TopicReplies: 2 / Views: 209Next Topic  
New Member
Canada
17 Posts
 Posted 04/05/2021  12:18 am Show Profile   Bookmark this topic Add PastExpiry to your friends list Get a Link to this Message
I have an opportunity to buy this NGC graded shipwreck coin. I have seen many like this on Ebay where the condition is bad enough that you cannot make out the date, so there is no year of the coin in slab's sticker title. What I found odd is that if you look at the photos on the NGC site, you can (or at least I can) see the date is 1783. Is this just a mistake on their part ?

Here is the link to the coin's NGC photos.
https://www.NGCcoin.com/certlookup/...8-093/Other/
https://www.NGCcoin.com/certlookup/...8-093/Other/
Valued Member
United States
357 Posts
 Posted 04/05/2021  02:55 am  Show Profile   Bookmark this reply Add PNWType to your friends list Get a Link to this Reply
Interesting, but from a google search of other NGC graded Cazador wreck coinage it seems like, though uncommon, they sometimes neglect the date even if it seems fairly legible. I also saw a few that marked it as (1777-83) if they couldn't read the date but others that were just left blank, a bit inconsistent.

My guess is because they are just marking all of the Cazador salvage as genuine and not attributing a grade that perhaps the consistency control isn't always the most stringent. But, so long as the coin matches the cert lookup in the NGC site, they are guaranteeing it genuine, and that's what matters (also I definitely see 1783 as well, seems clear enough)

Edit: just noticed the slab in the photo on the NGC page looks much older than the ones I find on google based on the reverse NGC logo sticker. Bet that means they initially didn't include dates and that's something they started doing in later years
Edited by PNWType
04/05/2021 02:57 am
Pillar of the Community
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United States
3499 Posts
 Posted 04/05/2021  7:33 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
It depends on what you pay for.

Small money - genuine with the shipwreck notation
More money - dates, genuine with the shipwreck notation
More money - graded with the shipwreck notation

It's up to the submitter to divide the coins for bulk grading.
-----Burton
47 year / Life ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, OnLinw Coin Club
Owned by four cats and a wife of 37 years (joined 1983)
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