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 Replies: 16 / Views: 4,298 |
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Pillar of the Community
United States
4000 Posts |
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Valued Member
United States
462 Posts |
I would normally agree with you but the seller is right: NGC is the most thusted grading comp...
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Pillar of the Community
 United States
4000 Posts |
 I seen that, too! I'm just wondering if there really is a market for error labels. I wouldn't do it, just curious. Edited by Scooby Due
07/24/2010 12:39 am
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Pillar of the Community
United States
3640 Posts |
Mislabeling happens with all TPG's. If that is indeed what happened here. No pic. of the reverse I noticed. If the coin was mislabeled in the other direction the owner would of sent it back to be corrected. This guy is just trying to make some bucks that's all. Anyone knowledegable can see what a coin really is regardless of the slab. ngc and pcgs are both going downhill lately. Hope the Coin World starts picking up on this soon. I'm still an anacs fan. May not bring the premium until people start getting smart. Better quit here now before...  |
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Valued Member
United States
381 Posts |
Indian1, Your post just went up in value (You added the extra e in knowledegable) Now people are going to have to pay to read this post!  Edited by jeffreyice1
07/24/2010 03:15 am
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Pillar of the Community
3660 Posts |
As soon as NGC finds out that clerical errors are high premium collector items, they will set up their own retail store, and really start pumping them out.
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Valued Member
United States
381 Posts |
zeewool, Not if pcgs start putting NGC errors in Slabs first! |
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Valued Member
United States
103 Posts |
$550 for a slab whose label is essentially correct, only missing the descriptive word associated with this striking. Obviously the seller is looking for some poor uninformed buyer with cash to burn, anyone trying to sell that slab to a reputable dealer for $550 would get laughed out of town. As always, buy the coin, not the holder. Thusted, indeed.
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Pillar of the Community
3660 Posts |
Quote:
Not if pcgs start putting NGC errors in Slabs first! Yes, you are correct Jeff. If ANACS followed PCGS' lead, they could flood the market, and then correctly labeled slabs would be rare and hold premiums over the error slabs. What a crazy world! |
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Pillar of the Community
United States
4000 Posts |
Pretty soon a star on the label will mean it's been proof-read or spell-checked!
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Valued Member
United States
381 Posts |
I agree Scooby Due, They should have to put a * on all reprints!
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Valued Member
United States
450 Posts |
I think someone should offer him melt value |
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Pillar of the Community
United States
1915 Posts |
Quote:
$550 for a slab whose label is essentially correct, only missing the descriptive word associated with this striking. Obviously the seller is looking for some poor uninformed buyer with cash to burn, anyone trying to sell that slab to a reputable dealer for $550 would get laughed out of town. As always, buy the coin, not the holder. Thusted, indeed.
People don't do that on ebay. I mean come on, if they are on ebay, they can be trusted without a doubt. Right?   |
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Bedrock of the Community
United States
17884 Posts |
Yes people will often pay a premium for an error label, but usually only $5 to $10. Quote:
whose label is essentially correct, only missing the descriptive word associated with this striking Actually the whole grade description is wrong. It is a MS not a PF, and the finish is an overall even satin and not ultra cameo which an Uncirculated 2006 W would never have. |
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Pillar of the Community
United States
2734 Posts |
Erroneously labeled slabs containing error coins are very abundant. Any error that is obscure, unique, subtle, novel, complex, or compound almost always ends up with a diagnosis and description that is incorrect, incomplete, hopelessly non-specific, or indefensibly precise. Knowledgeable collectors realize that a slab label is merely a starting point and must be verified with whatever visible clues are available.
Error coin writer and researcher.
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Pillar of the Community
United States
2757 Posts |
There is no market for errors on slabs. I remember reading somewhere that most TPG's correct these 'errors' for free, too. I have a cent that is slabbed 20% clip, whereas it is actually 20% off center. Human error no doubt, and that happens. |
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Replies: 16 / Views: 4,298 |
Posted 07/24/2010 12:37 am
