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ProfLiz's Avatar
United States
373 Posts
 Posted 01/12/2014  7:36 pm Show Profile   Bookmark this topic Add ProfLiz to your friends list Get a Link to this Message Number of Subscribers
I saw this coin in the Newman auction, and now here it is on ebay. NGC graded it AU58, problem free, but to me it very distinctly appears to be written on in pencil.

The Heritage description did not mention it, nor does the ebay seller.

Can you guys help me out here? Am I missing something?

http://www.ebay.com/itm/1838-50c-NG...em3f2dcf5ca2

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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 01/12/2014  8:46 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
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Fireman638's Avatar
Canada
158 Posts
 Posted 01/12/2014  9:45 pm  Show Profile   Bookmark this reply Add Fireman638 to your friends list Get a Link to this Reply
Sure looks like it. I wouldn't have even tried to clean it off......but I would think the right thing to do would be to mention it by both the grader and the seller. Maybe when they graded it they decided it did not do damage to the coin so just considered it as part of being a slightly dirty coin? Not sure, just thinking out loud.....
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ASLAN TVorlon's Avatar
United States
1234 Posts
 Posted 01/13/2014  01:33 am  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list Get a Link to this Reply
Eric Newman, 102-Year-Old Coin Collector, Sells 1,800 Piece Collection For $23 Million, might have something to do with it. Just the "Prestige" I guess, makes no sense to drop that many dollars on a 50 cent piece.
Edited by ASLAN TVorlon
01/13/2014 01:35 am
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basebal21's Avatar
13014 Posts
 Posted 01/13/2014  01:38 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I was just about to post what Aslan did. It likely got a pass due to the pedigree.

Quite a few coins in that collection have CAC stickers on them, I dont think its a big mystery why this one doesn't.

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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/13/2014  02:33 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
That's indefensible.
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Thundercoin's Avatar
United States
675 Posts
 Posted 01/13/2014  3:55 pm  Show Profile   Bookmark this reply Add Thundercoin to your friends list Get a Link to this Reply
If that is indeed pencil writing, would there be a way to remove it without damaging the coin?
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denco7's Avatar
United States
2543 Posts
 Posted 01/13/2014  4:55 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply

Quote:
If that is indeed pencil writing, would there be a way to remove it without damaging the coin?


I got this great football from an NFL auction, but Tom Brady wrote on it. Any way I can get the writing off without ruining the football ?
Edited by denco7
01/13/2014 5:15 pm
Valued Member
ProfLiz's Avatar
United States
373 Posts
 Posted 01/13/2014  5:11 pm  Show Profile   Bookmark this reply Add ProfLiz to your friends list Get a Link to this Reply
I understand your point, denco7, but if the writing is intrinsically valuable, wouldn't someone MENTION it?

I mean, you wouldn't clean Tom Brady's autograph off of your football, but you'd sure-as-shooting note it in the auction description.
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denco7's Avatar
United States
2543 Posts
 Posted 01/13/2014  5:14 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
If you have no provenance, the mystery is of " more " value.
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Thundercoin's Avatar
United States
675 Posts
 Posted 01/13/2014  9:46 pm  Show Profile   Bookmark this reply Add Thundercoin to your friends list Get a Link to this Reply
I didn't think scribbling on a coin made it more valuable, but I guess you learn something every day. Please excuse me while I go autograph my entire collection.
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DVCollector's Avatar
United States
10045 Posts
 Posted 01/13/2014  9:50 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
I don't understand how something like that slabs problem free--and graffiti wouldn't
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basebal21's Avatar
13014 Posts
 Posted 01/13/2014  10:08 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Maybe I missed something about what the meaning of whats written on there but it doesn't seem to match up with the pedigree like initials, and I dont remember seeing stuff like that on the other coins from the collection.

I can see the autograph type argument if it was done on everyone, but being done on just a coin looks much more like ngc just did him a favor on that one being scared to call it details.
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ExoGuy's Avatar
United States
4415 Posts
 Posted 01/14/2014  07:17 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Wonder if NGC would give me a "pass" on counterstamped coins?
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jbuck's Avatar
United States
187582 Posts
 Posted 01/14/2014  09:53 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
... looks much more like ngc just did him a favor on that one being scared to call it details.
This is how I see it.
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Wiggam007's Avatar
United States
217 Posts
 Posted 01/14/2014  10:26 am  Show Profile   Bookmark this reply Add Wiggam007 to your friends list Get a Link to this Reply
Fireman has, to me, the best explanation, along with the fact that it got the pass because of whose collection it was in. I just say that since usually when you see something to genuine due to graffiti it is engraved into the coin. If the grader made the determination that the pencil marks in this case did not alter the surfaces of the coin, would it grade or not grade? I don't know the standards on this, so it is just my guess that they might allow it to pass, along with the fact it is from a famous collection.

Bottom line though, even with the pedigree, you would think someone over at NGC would have the good sense to say, "Do we really want a coin like this in one of our problem free slabs?" Kind of make them looks bad.
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