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Gold Buffalo Slabbing Error By NGC. What To Do?

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Valued Member
seth's Avatar
United States
143 Posts
 Posted 11/03/2009  2:43 pm Show Profile   Bookmark this topic Add seth to your friends list Get a Link to this Message Number of Subscribers
I don't know why I never caught this before. Probably because I look at the coin and not the slab.

Anyway, I was getting ready to throw some Gold Buffaloes up on ebay and caught this.

I have a 2006 burnished Gold Buffalo in an NGC First Strike slab graded MS 70. HOWEVER, the top line of the slab says, "2006 EAGLE G$50" then .9999 FINE-FIRST STRIKES. (I am guessing somebody got an Eagle marked as a buffalo.) Makes you kind of wonder how many coins don't get in the correct slab and are therefore mis-graded, huh?

The bar code number is a Gold Eagle series number.

SO, do I ask for a corrected slab? Will they then re-grade it? Will I lose the First Strike status?

OR, just throw it up on ebay and note the discrepancy

Thanks,

Seth
Valued Member
Erwindoc's Avatar
United States
265 Posts
 Posted 11/03/2009  3:34 pm  Show Profile   Bookmark this reply Add Erwindoc to your friends list Get a Link to this Reply
NGC customer service should be able to tell you what to do and would be an easy fix.
Pillar of the Community
spaceace's Avatar
United States
797 Posts
 Posted 11/03/2009  4:20 pm  Show Profile   Bookmark this reply Add spaceace to your friends list Get a Link to this Reply
I wouldn't throw it on ebay even with that disclaimer because somebody might try to lodge a protest or some complaint once they get it and it could cause you some headaches. Even if you explain it, it could still be misunderstood since it is unusual/mislabelled, and some people would still make an issue of it (sad but true). I would definately talk to the grading company and let them handle it as a first option
Pillar of the Community
spaceace's Avatar
United States
797 Posts
 Posted 11/03/2009  4:21 pm  Show Profile   Bookmark this reply Add spaceace to your friends list Get a Link to this Reply
Plus, you don't want to take a chance on compromising your feedback on ebay if something goes awry.
Valued Member
seth's Avatar
United States
143 Posts
 Posted 11/03/2009  6:18 pm  Show Profile   Bookmark this reply Add seth to your friends list Get a Link to this Reply
Good point. TNX. (I wonder if the guy that sold it to me had seen it.)

I looked at the others and they have the same number series, so it must have been a typo.

Seth
New Member
texasnaturalresource's Avatar
United States
9 Posts
 Posted 11/07/2009  11:04 pm  Show Profile   Bookmark this reply Add texasnaturalresource to your friends list Get a Link to this Reply
Tell NGC your going to sell it to PCGS!... Unless they make it right & give you 10 free slabs. Might work.
Valued Member
seth's Avatar
United States
143 Posts
 Posted 11/08/2009  12:56 pm  Show Profile   Bookmark this reply Add seth to your friends list Get a Link to this Reply
I didn't have to get that extreme. They responded in a day and were helpful and nice about it.

It is a MECHANICAL ERROR and will be corrected free. They gave me the procedure.

Of course, I have to pay the shipping. At least I am not paying a dealer markup on that.

Maybe gold will go up by the time it gets back!

Seth
Valued Member
United States
470 Posts
 Posted 11/11/2009  4:17 pm  Show Profile   Bookmark this reply Add Andrew289 to your friends list Get a Link to this Reply
I'd think twice about sending it back...some folks pay good money for slabbing errors and that one could bring in some extra money.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 11/11/2009  9:57 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Yes they will fix it, but you will lose the First Strike label.
Valued Member
seth's Avatar
United States
143 Posts
 Posted 11/11/2009  10:40 pm  Show Profile   Bookmark this reply Add seth to your friends list Get a Link to this Reply
Yeh, I asked them about that but they never answered that part. What I was hoping for is that it would now say it's a "First Release." That WOULD make it a one-of-a-kind. I'll call them.
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