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 Replies: 21 / Views: 3,982 |
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Pillar of the Community
United States
1397 Posts |
I just ran across this note on ebay and it sort of shakes my faith in PCGS grading. I couldn't help but notice it says Star Note and has the number F-2176E*... There is no such note! And in addition I am used to star notes having a STAR on them. I seriously doubt if someone wanted to counterfeit a PCGS slab that they would make such an obvious error. What gives?  |
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Valued Member
United States
160 Posts |
hahaha at least it has a nice serial number, assuming its a real note
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Pillar of the Community
 United States
1397 Posts |
The seller is asking $10,000 for it.
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Valued Member
United States
458 Posts |
Don't see how this one makes sense. Like you said no star exixts for the run. Did they give a pic of the backside, if so did it have the PCGS hologram? Maybe it is a PCGS error? How's the sellers feedback?
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Pillar of the Community
United States
1397 Posts |
Quote:
Don't see how this one makes sense. Like you said no star exixts for the run. Did they give a pic of the backside, if so did it have the PCGS hologram? Maybe it is a PCGS error? How's the sellers feedback? Seller has a %100 rating, not even so much as a neutral comment. See for yourself http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IT*forgot to add, I bought a few notes from this seller a while back. They are nice notes. Edited by Nickelman
09/14/2010 10:10 am
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Pillar of the Community
3660 Posts |
Quote:
The seller is asking $10,000 for it. The seller can ask whatever he/she wants to ask, but is quite disillusioned if anywhere near that figure is expected (regardless of feedback rating). I cannot comment on their grading, but PCGS is not at all impressive when it comes to the identification of currency. I have seen more than just a couple of notes in PCGS holders that were misidentified. CGA and PMG are far better TPG choices. |
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Pillar of the Community
United States
1397 Posts |
The upside to all this is that I was thinking about having some notes graded, so I now know who NOT TO use to do so.
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New Member
United States
15 Posts |
It's one thing for the grading company to accidentally put "Star" on their holder, but the seller too is claiming it's a star note which makes him look ignorant. The whole auction appears messed up.
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Pillar of the Community
United States
1397 Posts |
Actually the seller says this at the bottom of the page: Quote:
1999 $100 SOLID serial # 55555555 STAR NOTE pcgs 64 PPQ... of course this cannot be accurate - its not a Star BUT the label says it is! |
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Pillar of the Community
United States
1397 Posts |
In this case I don't so much blame the seller (other than for having an outrageously inflated price trying to take advantage of a grading mistake) I blame PCGS. Not only did they add Star to the label, but they gave it an FR number that doesn't exist. They are supposed to be professionals, and this is totally unacceptable.
We are supposed to be able to count on grading companies to set the standard for which we can go out and purchase currency without having to worry that we are being ripped off. PCGS dropped the ball BIG TIME on this one.
The seller... well I give him half credit. He has a graded note that says star, but knowing that it is not he shouldn't advertise it as so.
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Valued Member
United States
397 Posts |
Friedberg #2176-E does exist. It's a $100 bill issued for Richmond, series 1999, signatures Withrow/Summers.
Not sure why they called it a star note though...
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Pillar of the Community
United States
1397 Posts |
Quote:
Friedberg #2176-E does exist. It's a $100 bill issued for Richmond, series 1999, signatures Withrow/Summers. 2176-E does exist but the number they gave was 2176-E* |
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Pillar of the Community
United States
1285 Posts |
This guy has some nice notes and is a very well respected dealer. He does Cleary state there is a misclassification for anyone taking the time to read.
As per the grading standards - All the paper grading companies have notes "misclassified" in their respective slabs. This is no exception.
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Pillar of the Community
3660 Posts |
Quote:
As per the grading standards - All the paper grading companies have notes "misclassified" in their respective slabs. This is no exception. CGA does not (so far). |
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New Member
United States
15 Posts |
What's irritating is that the seller is well aware it's not a star note yet it puts it in the title and description, before of course he mentions it's not. I would never trust him.
Edited by Bobo_Jenkins
09/15/2010 8:55 pm
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Pillar of the Community
United States
1285 Posts |
Zee, I know someone who has a "mis classified" CGA note. It's an error that was missed by all parties involved (previous owner, CGA and the currency dealer who took it on consignment).
Although I have not seen the note the story behind it and the price paid was rather silly (cheap). This note changed hands during the questionable period in CGA's history.
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Replies: 21 / Views: 3,982 |
Posted 09/14/2010 09:50 am
