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ICCS 2012 Population Report

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MJT's Avatar
Canada
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 Posted 12/05/2012  1:52 pm Show Profile   Bookmark this topic Add MJT to your friends list Get a Link to this Message Number of Subscribers


ICCS-2012-Population-Report

Bought this coin a while back before 2012 population report was released. I wonder why this is not on the population report. Wondering sometimes the reliability of population numbers on rare coins which might affect our determination to commit to a purchase especially during an auction.
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Canada
9864 Posts
 Posted 12/05/2012  2:11 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Back door job,i.e.unofficial fabrication.Doesn't deserve to be listed.
"Dipping" is not considered cleaning...
-from PCGS website
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priorpence's Avatar
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 Posted 12/05/2012  2:23 pm  Show Profile   Bookmark this reply Add priorpence to your friends list Get a Link to this Reply
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jakedacc's Avatar
Canada
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 Posted 12/05/2012  3:04 pm  Show Profile   Bookmark this reply Add jakedacc to your friends list Get a Link to this Reply
i am curious as to where I can find the 2012 population report, where can I purchase it?
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 Posted 12/05/2012  3:24 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
12/05/2012 3:29 pm
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jakedacc's Avatar
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 Posted 12/05/2012  3:38 pm  Show Profile   Bookmark this reply Add jakedacc to your friends list Get a Link to this Reply
thanks DBM
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darryldarryl's Avatar
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2426 Posts
 Posted 12/05/2012  4:26 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
MJT, back door job or not it is a spectacular coin!
The double struck 50 cent coin is listed in the CCN Trends at $1250.
I would love to find out what your Triple Struck is worth!
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jakedacc's Avatar
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 Posted 12/05/2012  5:18 pm  Show Profile   Bookmark this reply Add jakedacc to your friends list Get a Link to this Reply
it is a nice coin!
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MJT's Avatar
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196 Posts
 Posted 12/05/2012  6:29 pm  Show Profile   Bookmark this reply Add MJT to your friends list Get a Link to this Reply
My real intention about this topic is not about the coin. ICCS does include double struck,triple struck, flip struck whatever on their population report. For the triple struck 50 cents, they did not show a MS-65 exist. I bought this coin in 2011 and I look at the population report 2011, the coin is not noted on the report. Maybe I thought it should be noted on the 2012 report, it is also not noted. When sometimes you buy coins off ebay, some people note top grade with none higher etc. However, the fact is that there is actually a higher grade item which is just not noted. you will feel kind off rip off when you see the higher grade item, even knowing you have a really nice coin in hand.
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glenzy1's Avatar
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 Posted 12/05/2012  6:29 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
This Triple Struck half is a BEAUTY, nicest I've ever seen. A buyer right here if your ever interested. Personally some may think of this coin as a "back door job", however I don't feel this way about it.
Unlike the J.O.P. hack job, whether this was done intentionally or unintentionally by Mint employees, it was done by "agents" of the Mint! All employees of the R.C.M. are deemed an "agent" of the R.C.M. and whatever is produced by them is considered to be an official legal tender coin. It may not be "authorized" by the administration of the Mint, however, it was produced at the Mint using Mint equipment, under Mint guidelines and by Mint employees.
Therefore, I would not hesitate to incorporate this piece with the rest of my Collection, in a Heart Beat!

Glenn
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 Posted 12/05/2012  6:36 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
you should contact ICCS, they graded it and they produce and sell the population report, therefore it should be in their pop report.
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SPP-Ottawa's Avatar
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 Posted 12/05/2012  7:34 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I put little faith in the accuracy of the ICCS population report... let alone what ebay sellers claim...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

My eBay store
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darryldarryl's Avatar
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 Posted 12/05/2012  7:51 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
MJT, again Fantastic coin! Let us know if you ever decide to sell it!
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 Posted 12/06/2012  07:26 am  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
The ICCS pop report is useless. People take it as gospel yet it has proven to be UNTRUTHFUL on many occasions just like this. Just as unreliable as ICCS holders like the post of the unsealed flip.
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1cent's Avatar
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1051 Posts
 Posted 12/10/2012  01:07 am  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
The report is semi-good for more classic coins, but for errors, varieties, mules, and cameo coins, it should be taken only as a rough estimation. I have a couple that are a grade above anything listed in the report, but are nonetheless quite real. I would not be a happy camper if I paid top dollar for an ICCS "finest" only to later learn that was not finest at all.

Also, even on the more established coins, ICCS (as well as PCGS, who addressed this with more positive identification of coins) can not differentiate "real" coins from multiple re-submissions. How many coins out there have been graded MS-65 three times, and finally MS-66? A few, and in such a case the one coin will account for four in the population report.
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glenzy1's Avatar
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1554 Posts
 Posted 12/10/2012  01:20 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply

1cent states:"Also, even on the more established coins, ICCS (as well as PCGS, who addressed this with more positive identification of coins) can not differentiate "real" coins from multiple re-submissions. How many coins out there have been graded MS-65 three times, and finally MS-66? A few, and in such a case the one coin will account for four in the population report."

It's so true what 1cent states, I know soooo many dealer's and collector's alike that do crack out's and resubmissions for higher grades the T.P.G.'s Population Report has seemed to have lost it's true meaning. Unfortunately trend pricing are also partially made up of Population Reports, so are we all shooting ourselves in the foot with all these resubmissions?

Glenn
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