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What Is The Most Slabbed US Coin?

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DL20K's Avatar
Poland
3201 Posts
 Posted 08/22/2016  06:59 am Show Profile   Bookmark this topic Add DL20K to your friends list Get a Link to this Message Number of Subscribers
I read there were over 223,000 of 1904-P double eagles graded by NGC alone.

So, what are the most slabbed US coins?

Edited by DL20K
08/22/2016 07:00 am
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pepactonius's Avatar
United States
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 Posted 08/22/2016  07:31 am  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply
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DL20K's Avatar
Poland
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 Posted 08/22/2016  08:11 am  Show Profile   Bookmark this reply Add DL20K to your friends list Get a Link to this Reply
Good call, the 1881-S Morgan in particular. But then, the 1924 double eagle and the 1923 Peace dollar have even more. I've never paid much attention to how many coins have been slabbed - and would not expect there to be three hundred thousand slabs of a single date/mintmark!

Is this the most slabbed coin then, considering date/mintmark not just type?

NGC 1924-P $20 - 312,048 slabs
NGC 1923-P $1 - 293,379 slabs
NGC 1881-S $1 - 241,242 slabs
NGC 1904-P $20 - 223,446 slabs
NGC 1884-O $1 - 206,195 slabs
NGC 1885-O $1 - 202,062 slabs
NGC 1922-P $1 - 192,197 slabs
NGC 1887-P $1 - 188,706 slabs
NGC 1927-P $20 - 143,337 slabs
NGC 1880-S $1 - 141,941 slabs
NGC 1908-P $20 - 138,190 slabs (no motto)
NGC 1904-O $1 - 133,203 slabs
NGC 1886-P $1 - 131,620 slabs
NGC 1883-O $1 - 127,414 slabs
NGC 1921-P $1 - 111,138 slabs

(as I understand this excluding proofs and details grades)
Edited by DL20K
08/22/2016 08:17 am
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aristarchus123's Avatar
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 Posted 08/22/2016  08:42 am  Show Profile   Bookmark this reply Add aristarchus123 to your friends list Get a Link to this Reply
Doesn't a significant part of each census consist of re-submission of the same coin? In other words, there are not 312,048 1924 coins right now in slabs, but a fraction of this number?
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DL20K's Avatar
Poland
3201 Posts
 Posted 08/22/2016  08:48 am  Show Profile   Bookmark this reply Add DL20K to your friends list Get a Link to this Reply
I considered cross-slabbing (or whatever the word is, I mean removing from an NGC slab and submitting to PCGS) which is why I didn't simply add the NGC and PCGS census figures. Do people submit the same coin over and over again to the same TPG as well? How common would that be?
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Collects82's Avatar
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 Posted 08/22/2016  09:11 am  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
Are silver eagles not part of this data set? My initial guess would have been a few of those.
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DL20K's Avatar
Poland
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 Posted 08/22/2016  10:22 am  Show Profile   Bookmark this reply Add DL20K to your friends list Get a Link to this Reply
They are, and you may have found the answer to my question.

2011 silver eagle - slabbed 1,042,952 times by NGC.

(changed the wording from "slabs" to "slabbed" considering the comment by aristarchus123)
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Tbone's Avatar
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 Posted 08/22/2016  2:15 pm  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply

Quote:
Do people submit the same coin over and over again to the same TPG as well? How common would that be?


It's very common. Especially in situations where there's a very large bump in value between grades. I've heard of times where people have resubmitted the same coin 15 to 20 times to the same TPG until they finally got that grade bump.

It's unfortunate too because population reports could be a better way to calculate rareness than mintage figures.
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Saruma's Avatar
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 Posted 08/22/2016  4:57 pm  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
If the companies really cared about this they could almost certainly set up a facial recognition type program that can recognize coins by specific wear and mark points. I guess we'd first need all the companies to act like NGC and photograph all their submissions first though.
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basebal21's Avatar
13014 Posts
 Posted 08/23/2016  02:22 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
If the companies really cared about this they could almost certainly set up a facial recognition type program that can recognize coins by specific wear and mark points. I guess we'd first need all the companies to act like NGC and photograph all their submissions first though.


Honestly the population reports being inflated below big price jumps is no ones fault but collectors. Both PCGS and NGC will remove coins from pop reports if you send them the label proving it no longer exists in their slab, but most people just don't. The NGC photos don't really help with pop reports at all, no one is going to sort through all the pics to see if something looks the same and they aren't really good enough a lot of the time to say for sure.

The easiest way to see how accurate a pop report is is just search for a coin. If you struggle to find certain grades or there just aren't many available for what the pop report says should likely be easier to find you know there's been a number of upgrades tried, really you can just assume that for any grade below a big value jump
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Conder101's Avatar
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17884 Posts
 Posted 08/23/2016  4:05 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
If the companies really cared about this they could almost certainly set up a facial recognition type program that can recognize coins by specific wear and mark points. I guess we'd first need all the companies to act like NGC and photograph all their submissions first though.

PCGS's Expert System that they introduced back in 1991 did just that. It scanned and created a digital fingerprint of the coin so it could be recognized if it was ever submitted again. But they make money on resubmissions so they scrapped the program. More recently their Secure Shield program also scans and creates digital fingerprints of submitted coins. It can also identify resubmitted coins. But since they only scan Secure Shield submissions the coin would have to be resubmitted under Secure Shield. A resubmission not under Secure Shield would not be recognized.
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