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PCGS Date Mistake - Jefferson Nickel

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Author Previous TopicReplies: 12 / Views: 2,068Next Topic  
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shermae's Avatar
United States
259 Posts
 Posted 06/12/2014  9:48 pm Show Profile   Bookmark this topic Add shermae to your friends list Get a Link to this Message Number of Subscribers
I had the strangest experience tonight. I had ordered a simple 1958-D Jefferson nickel MS66 from a dealer's website a few days ago. When I examined the coin, I was astonished to realize that while the slab says 1958-D, there is a 1938-D actually encapsulated.

The cert number ties out to a 1958-D. Not that I own a ton of PCGS slabs- maybe 150 or so- but I'm in disbelief that the grader got the date wrong. Have not seen something like this before and not sure what to think.
Edited by shermae
06/12/2014 9:49 pm
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jhp2104's Avatar
United States
291 Posts
 Posted 06/12/2014  10:18 pm  Show Profile   Bookmark this reply Add jhp2104 to your friends list Get a Link to this Reply
Congratulations. Always better to be lucky then good.
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denco7's Avatar
United States
2543 Posts
 Posted 06/12/2014  10:29 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Just a mistake in labeling, I'm sure the grader doesn't make the label.

If you send it back, they will fix it for free.

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zxcccxz's Avatar
Canada
5417 Posts
 Posted 06/12/2014  10:46 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
@denco7: No way should he send it back. If the PCGS label says the wrong date, then this is a very valuable slab! People pay big bucks for error slabs!
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 06/12/2014  10:49 pm  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
If there's an error on the slab it pretty much voids PCGS's "guarantee" under their very extensive (what I like to call) "CYA" policy.
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BStrauss3's Avatar
United States
4589 Posts
 Posted 06/12/2014  10:57 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
I don't think they are that rare nor that valuable. There is an mintmark mistake on ebay right now for $20BIN. I have an NGC where it's an 1851O labeled as an 1851.

But as part of a collection of slabs or something like that, it's a lot of fun!
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
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Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Conder101's Avatar
United States
17884 Posts
 Posted 06/13/2014  10:56 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I'm in disbelief that the grader got the date wrong.

The grader didn't get it wrong. The data entry guy who unpacked the submission and entered it into the computer got it wrong either as a typo or he couldn't read the submitters handwriting and saw a 5 instead of a 3. the grader just gets a flip with a barcode sticker on it. He scanned the barcode, takes the coin out, looks at it, grades it, puts it back in the flip, types the grade into the computer, hits enter and moves to the next coin Wheter he can see on his screen what the barcode says the coin is I don't know, and he probably doesn't bother to confirm it anyway. He's under time pressure to get a lot of coins graded so he just scans and grades.
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BadThad's Avatar
United States
19937 Posts
 Posted 06/13/2014  11:29 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Error slab! Sell it as an error!
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denco7's Avatar
United States
2543 Posts
 Posted 06/13/2014  11:41 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply

Quote:
@denco7: No way should he send it back. If the PCGS label says the wrong date, then this is a very valuable slab! People pay big bucks for error slabs!


Ha....ha....no they don't

You have to find the right kind of newb (was going to say idiot) to pay big bucks for a typo. The same way that no one is going to pay "big bucks" for an XF coin that was graded as an MS, no one is going to pay anything for a typo.
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stampvirgin's Avatar
United States
1247 Posts
 Posted 06/16/2014  08:29 am  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
Error slab... really... buy the coin not the holder..
a 38-D is more valuable then a 58-D
send it back to get the right date on it.
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westernsky's Avatar
United States
7617 Posts
 Posted 06/16/2014  10:12 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
It happens. They make mistakes. More of a novelty than a huge money making "error".
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rupester's Avatar
United States
1300 Posts
 Posted 06/22/2014  1:39 pm  Show Profile   Bookmark this reply Add rupester to your friends list Get a Link to this Reply
How interesting...this coming from the guy who got rid of 90% of his slabs aside from a few "fun things" my 4 year old has fun with the coins the kid wont kill!! Unless he finds a hammer... Ohhhh nooo!! Me myself I would...sheesh I just dont know what a mess..ya buy one thing get another (more valuable) yet it needs fixed,so its not what ya wanted either way.. What a mess
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solotime's Avatar
United States
2311 Posts
 Posted 06/22/2014  11:52 pm  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
That's a nice mistake!
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