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Wrong Info On An NGC Slab

 
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Author Previous TopicReplies: 13 / Views: 747Next Topic  
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 Posted 05/25/2021  4:53 pm Show Profile   Bookmark this topic Add Ballyhoo to your friends list Get a Link to this Message
I came across this one on EBAY, clearly not an 1838 New Orleans mint coin. It caught my immediate attention upon seeing stars, which only exist on the Philadelphia strikes.

So the question is, should I notify the seller stating that NGC would correct the label since it is obviously genuine?
Or would it be better left alone as an error?

https://www.ebay.com/itm/144042531747
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Edited by Ballyhoo
05/25/2021 4:56 pm
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 Posted 05/25/2021  5:06 pm  Show Profile   Check Collects82's eBay Listings Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
It's called a "mechanical error", and as long as it came out of NGC as such, they will correct it. They don't want a bad label floating around, hurts their image. If they call customer service, they'll get instructions on how to get it submitted at fixed. I had a wrongly labelled 1872 (label was 1784), and NGC reimbursed my registered shipping too.
My hoard of '82s is up to 204! 218 BC x 1, 118 BC x 3, 18 BC x 1, 82 x 1, 182 x 1, 282 x 2, 382 x 1, 582 x 2, 682 x 1, 782 x 2, 882 x 1, 982 x 4, 1082 x 1 1182 x 8, 1282 x 2, 1382 x 1, 1482 x 5, 1582 x 13, 1682 x 15, 1782 x 57, 1882 x 49, 1982 x 33
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 Posted 05/25/2021  5:10 pm  Show Profile   Bookmark this reply Add Rothery to your friends list Get a Link to this Reply
I'd mention it to him - he doesn't state anything about the wrong label in the auction description so must not realize it. And there is quite a price difference between an "O" and the "P"
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 Posted 05/25/2021  5:11 pm  Show Profile   Bookmark this reply Add fplagge to your friends list Get a Link to this Reply
I see that the Shield is tilted, as it should be on an 1838-O (or on an 1837).
Where on an 1838, no mint mark, it appears straight up and down!

Could this be a fake??
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 Posted 05/25/2021  6:42 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
All the 38-O are of the no stars variety, so obviously a mechanical labeling error. Or is it the 38-O "no O" variety?
Edited by jimbucks
05/25/2021 6:50 pm
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 Posted 05/25/2021  7:00 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Take a moment and contact the seller.
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 Posted 05/25/2021  9:15 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I'd called it hidden "O" variety!

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 Posted 05/25/2021  10:58 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
I've occasionally seen coins listed with mistakes in the NGC or PCGS labels, and I always just notify the sellers. One funny side story - a couple years ago I noticed an eBay seller listing an NGC modern commemorative dollar which actually had the wrong coin listed on the label; I seem to remember it was a U.S. Army commemorative dollar labeled Infantry Soldier, or vice versa. I notified the seller, and he thanked me and removed the listing. Then I noticed a day or two later he re-listed it as a "rare NGC holder error" for about double the price!
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 Posted 05/25/2021  11:28 pm  Show Profile   Check Slerk's eBay Listings Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
Everyone wants to make money. If there is a demand, they will sell anything.
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 Posted 05/26/2021  10:03 am  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
Thanks for all the comments. I'll send him an e-mail concerning the mislabeled encapsulation. Like a few other's mentioned, I've seen some such as this listed as "Error" and asking above an otherwise normal graded coin. A 2014 Australian Wedge-tailed Silver Eagle, PCGS PF70DCAM with a 2015 dated label posted for over six months. In his defense he dropped the price from $700 down to $450 OBO currently.
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 Posted 05/26/2021  2:05 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Some years ago, I met a dealer who had a number of these mechanical errors at his FUN table. They weren't for sale .... He collected them, particularly NGC & PCGS! He loved to show collectors how unreliable the TPG services can be. So much for quality control. These companies don't even check the labels before shipping. One has to wonder about their accuracy and consistency when it comes to the finer art of grading!
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 Posted 05/26/2021  9:07 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
If it was mine, I'd leave it that way. Would be fun to show others that know coins.
just carl
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 Posted 05/27/2021  01:51 am  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Actually this is probably worth more to NGC than a collector to avoid the embarrassment that they graded a coin that was never minted.
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 Posted 05/27/2021  3:12 pm  Show Profile   Check westcoin's eBay Listings Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I bet they don't pull it. This dealer isn't the best when it comes to ethics from their feedback and from my own experiences with them. They would rather plead ignorance and get the $250+ instead of the $30 which is really all the coin is worth.
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