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 Replies: 13 / Views: 2,590 |
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Pillar of the Community
United States
1613 Posts |
I came across this one on ebay, clearly not an 1838 New Orleans mint coin. It caught my immediate attention upon seeing stars, which only exist on the Philadelphia strikes. So the question is, should I notify the seller stating that NGC would correct the label since it is obviously genuine? Or would it be better left alone as an error? https://www.ebay.com/itm/144042531747 ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
Edited by Ballyhoo
05/25/2021 4:56 pm
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Pillar of the Community
United States
1316 Posts |
It's called a "mechanical error", and as long as it came out of NGC as such, they will correct it. They don't want a bad label floating around, hurts their image. If they call customer service, they'll get instructions on how to get it submitted at fixed. I had a wrongly labelled 1872 (label was 1784), and NGC reimbursed my registered shipping too.
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Pillar of the Community
2145 Posts |
I'd mention it to him - he doesn't state anything about the wrong label in the auction description so must not realize it. And there is quite a price difference between an "O" and the "P"
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Pillar of the Community
United States
657 Posts |
I see that the Shield is tilted, as it should be on an 1838-O (or on an 1837). Where on an 1838, no mint mark, it appears straight up and down! Could this be a fake?¿? |
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Pillar of the Community
United States
4691 Posts |
All the 38-O are of the no stars variety, so obviously a mechanical labeling error. Or is it the 38-O "no O" variety?  Edited by jimbucks
05/25/2021 6:50 pm
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Bedrock of the Community
United States
94367 Posts |
Take a moment and contact the seller.
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Pillar of the Community
United States
5823 Posts |
I'd called it hidden "O" variety!
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Pillar of the Community
 United States
3641 Posts |
I've occasionally seen coins listed with mistakes in the NGC or PCGS labels, and I always just notify the sellers. One funny side story - a couple years ago I noticed an ebay seller listing an NGC modern commemorative dollar which actually had the wrong coin listed on the label; I seem to remember it was a U.S. Army commemorative dollar labeled Infantry Soldier, or vice versa. I notified the seller, and he thanked me and removed the listing. Then I noticed a day or two later he re-listed it as a "rare NGC holder error" for about double the price! |
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Pillar of the Community
Russian Federation
1557 Posts |
Everyone wants to make money. If there is a demand, they will sell anything.
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Pillar of the Community
 United States
1613 Posts |
Thanks for all the comments. I'll send him an e-mail concerning the mislabeled encapsulation. Like a few other's mentioned, I've seen some such as this listed as "Error" and asking above an otherwise normal graded coin. A 2014 Australian Wedge-tailed Silver Eagle, PCGS PF70DCAM with a 2015 dated label posted for over six months. In his defense he dropped the price from $700 down to $450 OBO currently.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Pillar of the Community
United States
4415 Posts |
Some years ago, I met a dealer who had a number of these mechanical errors at his FUN table. They weren't for sale .... He collected them, particularly NGC & PCGS! He loved to show collectors how unreliable the TPG services can be. So much for quality control. These companies don't even check the labels before shipping. One has to wonder about their accuracy and consistency when it comes to the finer art of grading! |
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Bedrock of the Community
United States
20753 Posts |
If it was mine, I'd leave it that way. Would be fun to show others that know coins.
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Pillar of the Community
United States
4691 Posts |
Actually this is probably worth more to NGC than a collector to avoid the embarrassment that they graded a coin that was never minted.
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Pillar of the Community
United States
9792 Posts |
I bet they don't pull it. This dealer isn't the best when it comes to ethics from their feedback and from my own experiences with them. They would rather plead ignorance and get the $250+ instead of the $30 which is really all the coin is worth.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Replies: 13 / Views: 2,590 |
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Posted 05/25/2021 5:10 pm
