PCGS Sample Slab Label Error... slab-ologists, rare early and/or sample slab aficionados, questions.

So I purchased this at my LCS after seeing it in the display. The owner looked at it (without turning it over btw) and said what do I want to pay. I said I'd pay $10 which he took immediately. I don't think he ever relized that this is actually a slabbing error from PCGS Sample Slab 7. All were 1964 Kennedy Half Dollars. However this particular example is misattributed to the Philadelphia Mint as the date in the upper left corner says 1964, when it should say 1964-D. Does anyone know what it should sell for? Thanks.

 

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I don't think its that much more money since it is misattributed. In this particular case, it definitely doesn't hurt the value but I doubt it would be worth much more than you paid. Still very cool though.

 

I disagree. Sample slabs with errors should bring in a fantastic price, particularly on Ebay. $10 for this? I think your coin dealer is asleep at the switch.

 

Then tell me why I got my 1955-D MS67 red at about 2/3 the going price. It was listed as a 1955-D but labeled as a 1955-S. I got it cheap enough to easily pay to have it reslabbed in its proper slab and still be way below its going price.

 

How did you buy it?

 

If you look on eBay, you can see a mislabeled slab bring little to no premium. There are lot of people asking ridiculous asking prices for mislabeled slabs but not a single one has sold. $10 was a a fine price. A steal? I think not.

 

Some people pay a lot of money for old sample slab types for example. Why would a major slab company with an obvious mistake that happens to be a sample not be worth a premium? These aren't too easy to come across.

 

How? I won it on eBay if that is what you are asking.

 

Well the reason is the seller started the auction too low and maybe the right buyers weren't online at the time. It happens more often this way and its tough for sellers. This is why I do Buy It Now rather than auctions. Auctions pan out rarely. Buy It Now usually gets a better price even though one usually has to wait longer.

 

Conder will be able to answer your questions, you might want to PM him.

From what I recall, older odd-ball slabs are quite collectible.

 

is the 12345678 common on sample slabs?

 

I do agree that they are uncomon

It says that because it is a sample slab.

 

ohhh, i just thought that you guys didn't catch that

 

I have a '64 Kennedy Sample slab with the same number. I think they use that on all the samples.

 

The Sample slab thing is a gamble, if you're looking to make money. Often times you will see the same slab sell more than once on Ebay. I guess some people aren't happy with what they get and get caught shilling up their auctions, LOL. They will then just re-list it a few days/weeks later.

I say, if you like the slabs(that's what I buy the sample slabs for) then just buy what you like.

 

Right, But at least 2 people need to "want" it.

Personally, I think that any dreams of a "fantastic price"? Just a dream.

 

Not all the samples since 7000023 was used quite a bit.

 

Not always true - maybe he just could not find anyone interested in it. They may have not even found someone on the dealer network. Maybe the dealer does not sell on ebay. And on E-bay it will attract a larger audience. I know my local coin shop told me once there were a few items they had to sit on for years before they could move it at a loss.