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Replies: 9 / Views: 1,557 |
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Pillar of the Community
Canada
4911 Posts |
now this had me mind boggled when I saw it...I am not sure what to say and I realllllyyyy want your opinions on this one. it appears that the coin was cracked from a pcgs slab stating the coin was a specimen and sent to ICCS and graded as a circulation strike. 201304875809what are your opinions on the coin? what are your opinions on the TPGs when this kind of thing happens? are you as surprised as I am? please comment and give opinions. Feel free to call me Will.
Edited by thedollarman 05/05/2015 7:24 pm
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Pillar of the Community
Canada
867 Posts |
Someone got burned "grade shopping"....however, that is a very weak strike for a Specimen, so that makes me wonder if PCGS was incorrect It is very UNLIKELY that the coin was cracked from the PCGS slabbed, otherwise ICCS would have it in a flip without the PCGS reference.
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Pillar of the Community
 Canada
4911 Posts |
were specimens even made for that year? if so, what would one be worth?
Feel free to call me Will.
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Bedrock of the Community
Canada
21663 Posts |
According to Charlton, there were Specimen Proofs in 1912 with a book price of $1500.00 Book price for MS63 is $225.00. Someone took a loss.
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Pillar of the Community
Canada
2495 Posts |
For Canadian coins, I would trust ICCS 10X over PCGS.
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Pillar of the Community
 Canada
5404 Posts |
And I absolutely agree with DE. PCGS is Not the place to send Canadian coins in my opinion. Certainly doesn't look specimen to me.
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Pillar of the Community
Taiwan
606 Posts |
Interesting. Somebody made a good buy. This coin sold in a Heritage auction in 2013 for $500. Submit the coin to PCGS under their guarantee resubmission and go from there.
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Pillar of the Community
 Canada
5404 Posts |
That Everest is a brilliant idea!................................If it works! You just hit up on a brilliant new way to make money! Do they really pay out on these guarantees?
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Pillar of the Community
Taiwan
606 Posts |
Yes PCGS does pay out on their guarantee. According to the PCGS website they have had 260 warranty claims over the last twelve months totaling $571,022.
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Pillar of the Community
 Canada
5404 Posts |
I am amazed there are so few claims actually.
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Replies: 9 / Views: 1,557 |
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