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2 Reasons Not To Believe What Is Written On Slabbed Coins

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Valued Member
John K's Avatar
United States
419 Posts
 Posted 01/27/2020  11:19 am Show Profile   Bookmark this topic Add John K to your friends list Get a Link to this Message Number of Subscribers
Both of these have the variety wrong!

I agree with the grading on both but they sure blew it when describing the type.


2-Reasons-Not-To-Believe-What-Is-Written-On-Slabbed-Coins
2-Reasons-Not-To-Believe-What-Is-Written-On-Slabbed-Coins
2-Reasons-Not-To-Believe-What-Is-Written-On-Slabbed-Coins
2-Reasons-Not-To-Believe-What-Is-Written-On-Slabbed-Coins
2-Reasons-Not-To-Believe-What-Is-Written-On-Slabbed-Coins
Bedrock of the Community
Earle42's Avatar
United States
10034 Posts
 Posted 01/27/2020  2:35 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
But...but...but... The PCGS website says:

2-Reasons-Not-To-Believe-What-Is-Written-On-Slabbed-Coins

While NGC's website employs a video that twice mention "specialized experts" at 2:10 video. Specialists for variety attribution are mentioned at 2:30 in the video.

So for the price paid to slab, and the alleged opinion of minimum 3-4 specially assigned coin experts "based on their strengths," this is the result?

Take this link:
http://goccf.com/t/346174#2967242

If a car mechanic performed in this manner they would be out of business soon.

If more people tended to buy the coin and not the slab, and/ or there was a website showing the many problems with these systems by showing actual slab pictures, it might result in a legitimately verifiable coin grading system to be initiated. The technology has been around a loooong time now. The subjectivity these companies continue to cling to probably is a lot more profitable for them than being factually accountable.

Funny how attributions from CCF family members who are known experts in their specialty can easily ID and post an attribution, yet the payed services can get it wrong with an alleged (minimum) 3-4 expert specialists for that specific coin.


2-Reasons-Not-To-Believe-What-Is-Written-On-Slabbed-Coins
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
Bedrock of the Community
United States
20753 Posts
 Posted 01/28/2020  1:08 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I normally don't bother checking out what is on the slab. I look at the coin and if I need or want it, to me that is what is important.
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Conder101's Avatar
United States
17884 Posts
 Posted 01/28/2020  8:07 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I've said for years never trust variety designations on slabs, especially PCGS an NGC, always verify the varieties yourself because the TPG's get them wrong too often. ANACS does a better job, and the best for variety attributions (except VAM's possibly) is SEGS.
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Silver101's Avatar
Canada
1081 Posts
 Posted 01/28/2020  9:01 pm  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
Just got an 1858 20 cent back from ICCS - a crystal clear 'blundered I' variant in VICTORIA. Which they missed.....sigh....I think I'll just stop doing that.
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kanga's Avatar
United States
5825 Posts
 Posted 01/28/2020  9:23 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply

Quote:
Just got an 1858 20 cent back from ICCS - a crystal clear 'blundered I' variant in VICTORIA. Which they missed.....sigh....I think I'll just stop doing that.

I don't know about ICCS but with most US coins you have to ask (and it costs more money) for a coin to be attributed.
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Silver101's Avatar
Canada
1081 Posts
 Posted 01/29/2020  1:15 pm  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
Well, fair point. but the Blu-I is one of the major varieties of that coin and, in the same batch, other variations that were more subtle were noted.
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