1793 Cent - Ebay - "Expertly re-engraved"

eventually the coin may become tainted by greedy self servient opportunistic and
just plain dishonest behaviors which unfortunately exist and may be the foundations
upon which the greatest coin collections are now being built.
Beware the little green stickers and the million dollar prices and of course anyone
who needs to alter the appearance of any item before they sell it.

 

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creative way to send oil out of state. looks more like a cannabis coin.

when i was younger i balled it up and called it
a fissil dinosaur egg

 

I had to reread this. The second time thru I definitely read it in a soapbox preacher presentation style.

..Evvvvvr'y coin tainTED byYyY grRrReed!
BEWARE the l'il green stickers!

 

Warnings are rarely accepted with enthusiasm by those who need the warning most. Those who have been around the block need the warnings less and accept them graciously when offered.

 

So sorry, "Net" grading is not the same as grading the coin and stating the problem. If that were the case, Large cent collectors came decades before grading services.

BTW, since we seem to interested in "history," THE FIRST third party grading service was the INSAB in Washington DC. (ANACS was the FIRST Authentication Service). INS listed the coin's actual grade (not net) along with the coin's attributes and problems on their "In-Depth Grading Analysis" form before the ANA grading guide was published. I saw a copy of this form published in a Numismatic News grading column two years (?) ago.

I believe this is also incorrect. PCI was owned by Mary Revels, the wife of a southern coin dealer, Louis Revels. Louis had the idea of slabbing problem coins with a Red Label. I spoke with him once and he said something like: "If I knew how profitable slabbing these coins would be, I should have done it from the beginning." As best I can remember. PCI was using Robert Paul's large photo slab. INSAB used the same product. When PCI bought HALLMARK, their slab changed to the smaller size w/green banknote border labels. I have samples of these holders in storage.

 

PCI began with the Photoslabs (licenced from Accugrade) in 1986, the Hallmark style slabs didn't begin until late 1991. The ANACS certificate from the other thread was from the 1987 to 89 period. You are right about the first red label PCI slabs being under the first owner though, I was wrong there. INS did have a Grading analysis form. I don't believe they used it in their early years but I don't know when it began. I only have one of them and it dates from June of 1987. The card with grade on the early INS coins stated that they did not grade problem coins.

 

Like iceberg warnings from the North Mid-Atlantic to the Titanic?

 

Yes and no. Warnings were not well received, but the Captain had been around the block, but thought he was invincible.

 

How about the warning from the US ambassador to Japan that Japan was planning Pearl Harbor?

 

Not entirely true. Captain Smith took almost every precaution he could to prevent any possible collision. This included:

- Taking a more-southerly route to avoid icebergs. The Spring was unusually warm in 1912, so there were more icebergs drifting South into the shipping lanes than usual.
- Turning off all lights in front of the bridge to reduce glare.
- Smith stayed on the bridge longer than usual as he knew that the ship was in the most perilous part of the voyage.
- Smith told First Officer Murdoch to pay very close attention after Smith retired for the night. He explicitly told him to watch for haze (a sign of icebergs) and that at the slightest doubt of safety, he needed to slow the ship down.

However he did not slow down. It was a common and well-established practice to slow down, and sometimes speed up, in a dangerous part of a ship's voyage. The thinking was that the faster you go through the danger, the quicker you'll get out of it, and the better you'll be.

Things against the crew of the Titanic that they could not prepare for:

- The iceberg was a "blue" iceberg, or one that got topheavy and flipped over, exposing the waterlogged lower portion. They are darker and not as reflective, making them very hard to see.
- The sea was an absolute flat calm, meaning that there would be no waves splashing against the base of the iceberg.

Things that the crew could have prepared for that made the above factors worse:
- No moon. The moon was not set to rise for another few hours, meaning that there was little lit to reflect off of an iceberg. There was a spotlight on board, but it was not utilized.
- The cold. Image being outside for a four-hour stretch, the air being below freezing, and a wind of almost 30mph constantly blowing in your face. That is what the lookouts were subjected to, and those conditions would have made it very hard to see, and they could have been hiding in the crow's nest and popping up every so often to check things out. They were not equipped with goggles (that was not standard equipment). Binoculars would not have helped at all in this case. They would not have been able to see anything other than two black circles.

After Captain Smith retired for the night at around 11:00 PM, Murdoch noticed a slight haze, the exact sign Smith has warned against, but he had chosen to ignore it and press on.

In conclusion, Smith was not at fault and he did not think he was invincible. The presence of a long-range wireless radio on board and the notion that there would always be a ship within helping distance (there was, but she had turned off her radio 10 minutes before the collision) in case something happened. He also knew that the ship was not unsinkable, but neither he nor the designers could forsee an accident that would open up co many compartments to the sea. Also, there had not been a single metal-hulled ship with watertight compartments that had collided with an iceberg and sank. All of these notions common to all seafarers probably led to Smith being a little more careless than he should have been

 

Sorry for the rant... I just had to correct a stereotyped view.

 

No Problem. I just concluded the decision to not slow down was due to pressure from above and himself to press on for the record because all those factors you site above made him feel safer than he was. ie invincible (with caution), though not unsinkable (without caution).

But perhaps the same thing needs to be said for Murdock and the Home Office of White Star.

 

I strongly suspect that warning was intentionally ignored because a surprise attack would awaken an American public who was opposed to entry into the war. I really don't believe it was overlooked or discounted. It's the ugly side of politics.

To bring it full circle, it's like buying a coin labeled as as counterfeit for the purpose of reselling it without that label to an ignorant buyer because you can do so much good with the money.

 

No record would have been broken. The Blue Ribband was given to the Lusitania, and the Titanic had no chance of breaking that record. Also, she wasn't going full speed when she entered the ice field; that was reserved specifically for the next day when the Titanic was out of the ice fields.