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All Forums Category: US Coins and Currency Forums Forum: US Commemoratives and Non-Circulating Coinage (NCLT) Including Grading, Varieties, and Errors

1915-S Panama-Pacific $50 Round

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mbbjr44
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 Posted 11/05/2007  06:40 am Show Profile   Bookmark this topic Add mbbjr44 to your friends list Get a Link to this Message Number of Subscribers
I was just looking at Heritage's web site. This coin is listed as a total mintage of 483. PCGS certified = 344. NGC certified = 385. 729 certified by the 2 major services...246 more than were minted. Wow. It makes me wonder how "goofie" some of the other population totals add up for rarities.
SeatedNut
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 Posted 11/05/2007  07:38 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Max,

That's the result of "cracking out". Owners try for a higher grade on their coin so they remove it from the slab and resubmit. Sometimes they do this multiple times. They pay for the service each time. On a high-end coin like the $50 Pan-Pac, that fee is a pittance.
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halfabustisbetter
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 Posted 11/05/2007  08:01 am  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
And provides a perfectly apt desmonstration of what the grading companies exist for.

Grading coins?

Or generating fees?

You decide.
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bobby131313
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 Posted 11/05/2007  7:51 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Dial uppers... brace yourself and prepare to be boarded.....




1915-S-Panama-Pacific-$50-Round




Ain't they purdy?
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All Forums Category: US Coins and Currency Forums Forum: US Commemoratives and Non-Circulating Coinage (NCLT) Including Grading, Varieties, and Errors



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