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Replies: 17 / Views: 1,630 |
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Valued Member
United States
120 Posts |
Just a "Heads Up". An E-Bay listing for a 1941 Lincoln Cent caught my eye today because it is listed as a "PROFESSIONAL GRADING COMPANY ERROR ... RARE ERROR-GRADING COMPANY ERROR-RARE." (and because the seller uses PGCS in a couple places) There is a photo of a PCGS slabbed Lincoln Cent graded MS65RB with a slab header that reads "1941 1C" but the coin in the slab is clearly "1941-D". When I checked the slab certification number at PCGS, I got an error message indicating PCGS had no record of the coin. This is the E-Bay url: https://www.ebay.com/itm/395842861126
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Pillar of the Community
United States
7508 Posts |
Quote: slab header that reads "1941 1C" but the coin in the slab is clearly "1941-D".] I agree.
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Pillar of the Community
United States
2023 Posts |
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Pillar of the Community
United States
1378 Posts |
Certification is on the PCGS site. PCGS most likely encapsulated the wrong coin or forgot to add the mint mark to the slab......It happens and there are people out there who collect slab errors.
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Pillar of the Community
 United States
6524 Posts |
Quote: It happens 
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Valued Member
United States
178 Posts |
People actually buy those coins from PCGS, that got mislabeled? Wow, was not aware of that. I have 2 that were mislabeled.
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Pillar of the Community
United States
1770 Posts |
Quote: It happens and there are people out there who collect slab errors.
@DoctorBurnzy, thank you for that info. Now I understand, maybe that's why this coin in the link below have a bidder even with the mislabeled error. I thought it could be a new collector that doesn't now much about varieties and error. Here is the link: https://www.greatcollections.com/Co...CGS-MS-65-RD
gigi2110
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Pillar of the Community
United States
1378 Posts |
When I say there are people out there who buy error slabs, I assume those collectors are looking to buy good coins that are misattributed in the wrong slab and not just any coin in a misattributed slab. If someone wants to collect any coin in a misattributed slab....well then...to each their own and collect what one likes then.
Edited by DoctorBurnzy 06/08/2025 10:53 am
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Pillar of the Community
United States
2023 Posts |
Quote: maybe that's why this coin in the link below have a bidder even with the mislabeled error Ordinarily, GC likes to be notified of errors like this so they (or PCGS) can correct it. There's not much time left.
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Pillar of the Community
United States
1770 Posts |
DoctorBurnzy, Sorry if I misunderstood what you said. I don't have much knowledge about slab coins or mislabeled mistakes, I wasn't aware of existence of that before, but is good to know now. thanks for the information.
@Alpha2814 thats what I thought too.
gigi2110
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Pillar of the Community
 United States
2131 Posts |
PCGS is known to make mistakes like this quite often these days.
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Pillar of the Community
 United States
6464 Posts |
Didn't someone on CCF once propose a company that encapsulates and meta-grades TPG slabs? This could be a mint state PCGS error slab!
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Pillar of the Community
 United States
8733 Posts |
Once again, this is a situation where the old adage (buy the coin, not the slab) comes into play, just like the 70S large date that was posted recently by Marve. If you don't know what you are buying, then a possible expensive lesson, I've been there.... One must do their homework.
-makecents-
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Pillar of the Community
United States
7003 Posts |
IMO...at that price I see seller holding on to this coin for quite awhile.
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Pillar of the Community
United States
1378 Posts |
If there isn't a mistake in the decimal placement in the price, then it could be quite some time.
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Moderator
 United States
95018 Posts |
Funny how we jump on errors like this. Yes, the PCGS person and especially 'quality control' after slabbing should have caught this. must have been a late Friday slabbing...
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Replies: 17 / Views: 1,630 |