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NGC Confirms Discovery Of Fourth Known 1854-S $5

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Pillar of the Community
shotgung's Avatar
United States
1101 Posts
 Posted 05/14/2018  1:38 pm  Show Profile   Bookmark this reply Add shotgung to your friends list Get a Link to this Reply
I think I have the 5th but holding off for a bit until I send it in
Pillar of the Community
Collects82's Avatar
United States
1316 Posts
 Posted 05/14/2018  3:51 pm  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply

Quote:
I think I have the 5th but holding off for a bit until I send it in


Sent mine in last week. Sorry.
Bedrock of the Community
Earle42's Avatar
United States
10048 Posts
 Posted 05/14/2018  4:11 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Quote:
but everybody said they thought it was a fake because until now there were only three genuine surviving 1854-S $5 gold pieces known,


Too many people putting their faith in "accepted" norms could have caused this coin to be lost forever.

Just like the opposite side of the issue: too much faith in an established system can also result in major problems.

Think of all the slabbed 1896, 1900, and 1902 micro-O Morgans. They were TPG graded/slabbed as genuine until 2005 when it was determined ALL of them are counterfeits!

Think of the money that changed hands. and only after (if I read the multiple online articles properly) the VAM community had already been suspicious of these did a TPG study them for authenticity.

To prove these Morgans are fake, the TPGs deemed the situation important enough to post online data showing why/how they came to this conclusion.

So why not deem this certification of the ultra rare coin as worthy of posting the equivalent verifiable data online?

Then anyone would have a better idea as to what they want to believe about the find.





How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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westernsky's Avatar
United States
7648 Posts
 Posted 05/14/2018  4:39 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Seems like the current owner is being really, really secretive about the coins provenance.

Karma and bad juju run hand-in-hand.
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