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 Replies: 14 / Views: 1,636 |
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Valued Member
United States
50 Posts |
I saw this and had to get it as a fun item in my personal collection. As you can see, the denomination is listed as a Half Dime, but it is clearly a dime. I have questions about these slab errors: How often does this happen where a slab isn't labelled right? Does this add some sort of premium? And how many of you have seen one labelled wrong in any way?    |
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Pillar of the Community
United States
3479 Posts |
That's just nuts! You're a pioneer on a whole new subset of coin collecting. There's been a lot of joking on this forum about how folks will start collecting slab errors and that new companies would be created to verify the slab presentations. Nice find!... but could this be next?  |
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Bedrock of the Community
United States
10982 Posts |
Mechanical and labeling errors are not common and I've seen probably 1 or 2 a year for 10 years now. I am sure many thousands of slabs with labeling errors have gotten to the public when you consider that tens of millions of coins have been slabbed.
I know of no premium attached to a slab with a mis-labeled denomination.
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Pillar of the Community
United States
6370 Posts |
What you need to look for is when the mint mark is mislabeled. Someone on this forum got an 1873 CC Trade dollar for an 1873 P price because NGC labaled it as an 1873 P. |
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CCF Advertiser
United States
1533 Posts |
Somebody sent it in. Did that person not know what he paid and what he had?
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Pillar of the Community
United States
536 Posts |
Maybe it was "bent in half"? hehehe
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Pillar of the Community
United States
4416 Posts |
These errors are collected by some. There was a dealer at the FUN Show who had a few of them in his case but not for sale. I see a a few a year, at least.
When mistakes like this get out, it really makes me question how many "errors" are made in assigning the numerical grades! Just a point or two can make a difference in thousands of dollars for some coins.
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Pillar of the Community
United States
1316 Posts |
I had a 1782 coin with an 1784 label. The TPG was cool and efficient about correcting it for free. I collect coins of the years of 82, so the 84 label was rather irritating. I've also been credited reholderingd for other mechanical errors such as discoloration of the slab materials. The TPG seems to care about the long term presentation of their slabs as each one is a piece of marketing to them. They want the slabs to be right. Edited by Collects82
05/10/2017 10:07 am
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Bedrock of the Community
United States
17884 Posts |
The best one I know of was on an ACG photoslab The label identified it as a 1796 Liberty cap large cent in Fine 12. It went through at least three dealers hands as a 96 cap until a collector bought it because he recognized what it really was, a 1793 Liberty cap.
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Pillar of the Community
United States
4416 Posts |
From 1796 to 1793 .... Holey Moley!
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Pillar of the Community
United States
9395 Posts |
I have a 1783 1/2 escudo coin labeled by NGC as 1/2 real in error. I doubt that I'll ever get it corrected.
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Pillar of the Community
 United States
4591 Posts |
They are fun, not valuable. And the TPG will correct them if you send them back in. Sometimes you can score a cherrypick because dealers look at the label not the coin. My bestie? I bought an 1851O 3CS marked 1851. VF, so the difference in value was about $10. What made it fun was discussing (with the dealer I was buying it from) the dealer across the aisle who was trying to sell a mislabeled Franklin for $500 as some kind of fabulous, rare, error. And although the dealer I cherrypicked from is a casual friend, I've never told him (although I have posted the story a few times). -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Bedrock of the Community
United States
20753 Posts |
Looks like a new form of coin collecting is starting.
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Pillar of the Community
United States
4416 Posts |
Quote:
Looks like a new form of coin collecting is starting Let's call it ..... Slabonumia.  |
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Bedrock of the Community
United States
94367 Posts |
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Replies: 14 / Views: 1,636 |
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Posted 05/10/2017 02:23 am
