If a coin is an error, would the NGC or PCGS label always say that?

I am looking at a coin on ebay and it says it is a double strike error. The coin is in a NGC slab, but the label only says the the type and the grade. Is it possible that the slab label would not state the error?

 

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Sometimes, if a minor or sometimes even large error, the TPG will not acknowledge it unless you purchase the Variety Attribution package or Error package.

 

Interesting. Thank you very much.

 

g,

If the original submitter didn't pay for the "Error" service, it wouldn't be noted on the insert. It's the same for "Variety" service for a Morgan VAM.

Chris

 

That surprises me. let me ask you this. If you sent in some coins to the tpg's and didnt realize that you had a rare variety or error of some sort, they would simply grade it and not even mention it to you? Or would they ask you if you want to upgrade to the variety or error grading?

 

The fact is it's up to YOU to figure that out.

 

I've never had this happen, but I would think if it was a really rare variety that they might try to contact you. Common sense would tell me that they can't possibly check every single coin for specific varieties, so I'd imagine that some do slip through the cracks.

Chris

 

+1 on the slipping through.

 

Yes and no. If you think a coin might be a variety, but you're not sure which one, you can pay for the variety service and they will research it for you. Note: I'm referring to NGC. I don't know what policy PCGS uses because I've never submitted to them for their variety service.

Chris

 

Ok, thanks. I just can't understand, that if this double struck coin is so rare (only 3 examples known) that they wouldn't have paid the extra to get it labeled as such.

 

Well I won the auction. Seller has a 14 day return policy and great feedback, so I felt confident in purchasing it.

 

I could possible be only the owners opinion that the coin was "double struck" in which case it may not actually be "double struck".

Post an ebay item number please.

 

Title:
Ultra rare 1952 Double Struck Canada 10 Cent NGC AU55
Coin featured in Vol.47 No.23 of Canadian Coin News!!!!
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rt=nc&nma=true&item=320640563559&si=VOpaSi0tOtN4%252Bt%252F10K%252FlzAtA9l4%253D&viewitem=&sspagename=STRK:MEWNX:IT#ht_500wt_1156

Obviously didn't break the bank.

 

There are a lot of collectors and dealers who just don't bother chasing the varieties because it is too time-consuming. Several years ago, many dealers scoffed at VAM's saying they didn't want to waste their time researching them. As a result, many VAMmers could cherrypick a lot of them. As collecting VAM's grew in popularity, many of these dealers started realizing that they were missing out on the additional income/profit that VAM's could provide. Maybe there will be a reversal of this attitude toward other denominations. Who knows!

Chris

 

I can understand that for vams. I have never looked at my Morgans because the vam list is simply too long for me!

But that dime i won, I am hoping maybe I got something pretty special.

 

According to the auction pictures, I'm thinking you'll get a coin with machine doubling on the date that the seller could have two more of.
It is not really unusual for non-educated collectors to truly believe that they have something special with regard to die doubling which actually turns out to be machine doubling.

BTW, exactly what is the "Augustus Millennium Collection"?

 

Reading the auction, I liked this part:

"Shipping is higher because of the large amount of insurance required to ship this coin."

Did he actually charge you $12.99 to ship a $40.51 coin?

 

Good observation about the die vs machine doubling. I see the seller was not specific about which one.

 

I already warned him that if it is not a double die, I will be returning it. I figure there isn't anything to lose except a few bucks to ship it back to him. Not $12.99 lol.

 

The seller refunded my money this morning because he said the item should have sold for over $900. What the heck?