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 Replies: 14 / Views: 1,462 |
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Pillar of the Community
United States
1304 Posts |
Edited by EFLargeCents
02/19/2016 11:25 am
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Bedrock of the Community
United States
17884 Posts |
On the bright side PCGS, unlike NGC will guarantee the attribution. (At least they do now, in the past they didn't) But you are correct the PCGS coin is a small date small fraction. This is why I always say you CAN'T trust the attributions from the top services, they are wrong way too often. It is amazing the number of PCGS 1794 head of 93 cents out there that are really heads of 94, Again an error that can cost the buyer thousands of dollars.
The NGC coin is tempting, that is one of the last three draped bust varieties I need and it is cheaper than I have seen one recently. Unfortunately I've saving to replace my roof.
Edited by Conder101
02/19/2016 12:23 pm
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Pillar of the Community
 United States
1304 Posts |
Conder, not true about PCGS and varieties What the PCGS Guarantee Does Not Cover The following is further explanation of what the PCGS Guarantee does not cover. -A variety attribution that is obviously incorrect. For example, if you had a normal date 1942 Mercury dime, but the PCGS holder showed the coin as a much rarer 1942/1 overdate, this coin would not be covered by the PCGS Guarantee as the date is obviously normal. Another example would be if you had a 1945 Mercury dime with an obviously normal size mint mark, but the PCGS holder showed the coin as a "Micro S." This coin would not be covered by the PCGS Guarantee since the mint mark is obviously normal size. http://www.PCGS.com/guarantee/Edited by EFLargeCents
02/19/2016 12:47 pm
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Rest in Peace
United States
17900 Posts |
If it's so obvious, how could it be misattributed.
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Pillar of the Community
United States
7375 Posts |
Nice catch. Yeah, you know the seller knows the difference, kinda obvious since you pointed it out.
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Bedrock of the Community
United States
17884 Posts |
I guess the question would be whether or not they would consider it "obviously incorrect". Yeah they probably would. I guess that is their way of guaranteeing attributions without actually guaranteeing them. Not as blatant as NGC's flat statement that they don't guarantee attributions.
Edited by Conder101
02/20/2016 09:09 am
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Pillar of the Community
Germany
1849 Posts |
This is a misattribution which, as some of you mention, could cost somebody a lot of money. The seller should be made aware of this mistake.
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Rest in Peace
United States
10625 Posts |
I would like to think that anyone in the market for that variety will recognize that it's actually a small date.
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Pillar of the Community
United States
1304 Posts |
Quote:
I would like to think that anyone in the market for that variety will recognize that it's actually a small date. Agreed, which kind of makes you wonder what that person would think about the seller. Look at what PCGS did if you look up the cert: http://www.PCGS.com/cert/30886246 |
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Pillar of the Community
United States
7375 Posts |
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Pillar of the Community
United States
1247 Posts |
cert not valid....hmmm.
is it a phony number?
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Valued Member
United States
324 Posts |
I suppose they have to grade and attribute so many coins and the big grading rooms are full of younger and lower paid "graders" mistakes are certain.
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Pillar of the Community
United States
1304 Posts |
Quote:
is it a phony number? No it is not a phony number. A week ago it would have showed up Large Date Small Fraction. Then PCGS changed it to Small Date Small Fraction. Now they changed it to cert not valid. The slab is real, the coin is real. The coin is not a large date. My guess is that PCGS is trying to prevent someone from getting screwed buying this coin, so hopefully any potential buyers will check the cert verification, which would stop them from making a bad decision. Edited by EFLargeCents
02/22/2016 08:02 am
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Pillar of the Community
Germany
1849 Posts |
I would guess that is all PCGS can do.
Let us now hope the seller will relist this coin as what it really is.
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Pillar of the Community
United States
1247 Posts |
I guess that is PCGS covering their behinds on their guarantee?
If osmeone buys it, and finds out the mistake, all PCGS has to say is, we recerted it, you should have checked the cert number before you bought it, we won't cover your loss.
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Replies: 14 / Views: 1,462 |
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Posted 02/19/2016 12:46 pm
