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So What Does The "P" Stand For On The Label For A NGC Graded Coin?

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4504's Avatar
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 Posted 07/27/2019  7:02 pm Show Profile   Bookmark this topic Add 4504 to your friends list Get a Link to this Message Number of Subscribers
Hello all

I used to think that the "P" on the label, whether it was immediately after the year, or was separated by a hyphen, such as a "2011P" or "2002-P" meant that it was a proof coin. I guess not, because I saw this example on the bay, which is a MS coin but has the "P" on the label. The Perth "P" mintmark itself is engraved on this particular coin just below the "A" in KOALA at the top of the coin.

https://www.ebay.com/itm/2011-P-Aus...AOSwh8dcpmv~

Then I thought that perhaps it was a "lunar" coin and that is what it meant, but I have seen this on both a 2002 proof and on this 2011 MS example and the years do not match up with lunar coins, not 9 years in any case.

I have already googled the question without results. Perhaps someone who knows these coins would be able to provide the answer... most of these koala or otherwise Perth coins of any figure or animal or bird or whatever, size, value or metal do not have this "P" on the NGC label.

Any guesses would be appreciated. Opinions are welcomed as well. Surefire links as to why would be even more (much more) valued.

thanks... mike

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Coinfrog's Avatar
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 Posted 07/27/2019  7:06 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Looks like a bogus slab label to me.
Formerly nancyc
Nevol's Avatar
Australia
5385 Posts
 Posted 07/27/2019  7:26 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
Pretty sure it would be the MM. P=Perth.

Why they would bother is a mystery though, it's not as though the RAM or any other Mint were minting similar coins. Maybe the NGC person thought there would be identical coins with different MM'S.

Can't comment on Coinfrog's post, my knowledge of NGC Slabs is zero.
life is a mystery to be lived not a problem to be solved
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Coinfrog's Avatar
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 Posted 07/27/2019  7:30 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I have never seen an NGC label skewed like this.
Valued Member
4504's Avatar
United States
379 Posts
 Posted 07/27/2019  7:39 pm  Show Profile   Bookmark this reply Add 4504 to your friends list Get a Link to this Reply
Thanks for the replies.

I looked it up the number on the NGC certification page, which fortunately this time has the pictures, and the coin seems to match up with it, altho in the bay example the label is tilted or somehow became unglued and moved around a little. So I am not sure about it being a bogus slab, altho I appreciate the opinion Coinfrog.

Thanks Nevol, I would think the same, in that it may be a mintmark but as I wrote earlier the mintmark is engraved on the coin itself, plus there are very few NGC labels (for this series anyways) that have the "P" on the label. The mintmark "P" is already engraved on the coin as earlier described.

But it is a good guess and I appreciate it, as I do with any replies, right or wrong, in any case.

But it seems that the answer may lay elsewhere. ?

mike
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4504's Avatar
United States
379 Posts
 Posted 07/27/2019  7:47 pm  Show Profile   Bookmark this reply Add 4504 to your friends list Get a Link to this Reply
but then again, you may have a point, as I have never seen a label moved around like this before either, and the seller has a 0 feedback, so you may have something there. still, it does seem to match up with the NGC certification page in the following link. ?

https://www.NGCcoin.com/certlookup/3779549-001/70/

something weird may be going on... or not.

mike
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GrapeCollects's Avatar
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8938 Posts
 Posted 07/27/2019  8:31 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Both the coin and slab in that ebay link are fake. The coin has no frosting and the front and back labels are not close to proper positioning.
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4504's Avatar
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379 Posts
 Posted 07/27/2019  9:18 pm  Show Profile   Bookmark this reply Add 4504 to your friends list Get a Link to this Reply
So this is a fake that somehow slipped by NGC then GrapeCollects? The second link is from the NGC certification webpage. btw, I am not doubting your opinion.

mike
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4504's Avatar
United States
379 Posts
 Posted 07/27/2019  9:24 pm  Show Profile   Bookmark this reply Add 4504 to your friends list Get a Link to this Reply
Ok, I think I know now what you are getting at. The NGC certification page is of the real deal, however, as you say, the ebay link shows both a fake coin and label? makes sense as I have never seen a label "slip" before, for starters, plus what you added about the coin itself.

mike
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GrapeCollects's Avatar
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 Posted 07/27/2019  9:30 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
You misunderstood. The holder is fake, the label is fake, the coin is fake. The whole shebang is fake. The one on NGC exists, this just isn't it.
Valued Member
4504's Avatar
United States
379 Posts
 Posted 07/27/2019  9:41 pm  Show Profile   Bookmark this reply Add 4504 to your friends list Get a Link to this Reply
And yet, we still have the mystery of the original question, yet stumbled upon a fake as an example, it would seem... Why would the label, of which there are other examples of, have a "P" in the label, when others do not, when the "P" mintmark is already engraved into the coin, while others do not, such as this example, where the "P" MM is engraved in the 5 o'clock position...

https://www.ebay.com/itm/Australia-...AOSwaA5WjDMm

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4504's Avatar
United States
379 Posts
 Posted 07/27/2019  9:44 pm  Show Profile   Bookmark this reply Add 4504 to your friends list Get a Link to this Reply
No, I get it now GrapeCollects and agree fully, the whole dang shebang is a fake... mike
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4504's Avatar
United States
379 Posts
 Posted 07/27/2019  10:04 pm  Show Profile   Bookmark this reply Add 4504 to your friends list Get a Link to this Reply
As far as the original question goes, I will simply email the Perth Mint. Thanks to all for your replies, my bad luck was to stumble upon a fake as an example.

thanks again... mike
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GrapeCollects's Avatar
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 Posted 07/28/2019  12:07 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Another key to id'ing it as fake is the no returns policy.
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CoinOS's Avatar
269 Posts
 Posted 07/28/2019  01:19 am  Show Profile   Bookmark this reply Add CoinOS to your friends list Get a Link to this Reply
P is Perth.
75,712 is the mintage.
They were sold in mint condition in acrylic capsules.

(Real-fake-real-fake)
So-What-Does-The-
So-What-Does-The-
So-What-Does-The-
So-What-Does-The-

I looked at some of my NGC encapsulated coins and the later submissions have a colour-shift diamond, the older ones don't - they seem to change it often.

The ebay thing has never been near NGC and will be reported hopefully.

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CoinOS's Avatar
269 Posts
 Posted 07/28/2019  02:15 am  Show Profile   Bookmark this reply Add CoinOS to your friends list Get a Link to this Reply
Something for American collectors regarding NGC counterfeiting.

So-What-Does-The-
So-What-Does-The-

That is a Chinese copy coin being sold for approximately half of what the relatively common 1881s Morgan currently sells for.

It has the hologram, the diamond, looks good.
It's 90% silver and weighs 26.7g

They are not targeting rarities - they are getting clever and sneaky.

Anyone can buy that for half what it's worth and sell it - they have full deniability and can simply plead ignorance if challenged.

The margin there is only a hundred dollars or less - but a 100 dollars is 100 dollars.

I don't know US coins at all and maybe USA collectors can see what I don't - probably.

Here is the real one:
So-What-Does-The-

China are trouble for this hobby.
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