NGC ? Wow

somewhat related: I went to my first coin show earlier in the month. I was looking through a bin of mixed Walkers in 2x2's. I found one labeled mint mark "d" and was glad that was a date/mark I needed. But after I examined the coin for quality, I pointed out to the vendor that the mint mark was "s" (which I didn't need).

The one has nothing to do with the other. the date/mint information is put in the computer by the staff that opens the packages and reads the invoices. Errors can come from misreading the invoice or simple typos. The grades are entered by the graders and they may not have any knowledge of what was entered into the computer as far as what the date/mintmark were.

The others where mis attibutions, and of them 7 of them where not even close. It comes back to the




I have had to send back 3 coins that where wrong myself, I had to pay for the shipping and Ins. a second time for there error. When looking up you submission they all go though "Quality Control"

I have noticed quite a few (I am talking about at least 30 or 40) 1878 Morgans marked as 1878-P 7TF and them actually be 8Tf or 1878-S Morgans. I have no idea what in the world is going on with NGC but if they keep it up they are going to be considered a joke in the numismatic field. That being said I have also seen PCGS do the same thing, here is an example http://teletrade.com/coins/lot.asp?...&imagetype=j

are you saying calling a 8TF a 7TF is an attribution error? we aren't talking about saying its one VAM when its another (since they are always changing) but the 8TF and 7TF are totally different designs. I agree its sloppy work and I think that is what was meant by this thread but if they keep calling a 8TF a 7TF its going to make their service a joke in my opinion because anyone that finished the 1st grade knows how to count to 8 and knows the difference between 7 and 8, just as they know what a S looks like instead of an O. I think I am going to do a experiment and send off some 8TF Morgans and list them as 7Tf on the submission forms and see if they call them a 7TF, also going to send a 1878-S and call it a 8TF. If they do they are just lazy and need to be fired in my opinion

While you're editing, wanna fix the three errors in your sig?

I read an article by a guy who served as a TP grader. IIRC, graders get a buck a coin, and spend an average of less than a minute each examining them for grade and authenticity. Most graders last a month or so before being rotated out to keep from going blind.

Some few coins may take more effort and examination, but let's face it, for the vast majority of stuff being slobbed, authenticity has never been in question, or the fakes are so obvious that any reasonably experienced collector should be able to spot them.

Years ago, grading services had a fund to buy back overgrades and other mistakes, to keep their reputation up. Anyone know the status today?

Grades yes, attributions no. And for the grades, if the downgrade is extreme they have an out there as well. The guarantee lets them off the hook if the error was obvious because they can declare that it was a mechanical or clerical error, and the decision of what is a mechanical or clerical error is at the sole discretion of NGC.