Not to belabor the point, but this wasn't a clerical error on a $40,000 coin. It was a data entry mistake on a $50 coin. Lance.
I would think a fair compromise would be for PCGS to refund the fee for the entire submission that had the cent in it and then provide some free grading vouchers to show that they are confident enough to show the OP they will get future grading correct.
...this may be OT but are you a Chicago Bears fan??? Every time I see your avatar photo and read one of your peanut-gallery posts I think of SNL Superfans...Nice Mustache buddy
very nice toning. It looks to me like a regular 1909 VDB. To me the the rims are not square or thick enough. Given that, it might have fooled me. The surface of the face looks like a matte proof but the rims trouble me. Here is one I found and took to the Worlds Fair of Money in 2014.... The man at the ANACS table told me the same story.
Thanks, but it's been replaced with an 80% gray Van Dyke. Think Dave Hall without the stupid Hawaiian shirt. Eagles fan. (Since 1960.)
Yes, have you ever noticed that when matte proofs ended, so did the exquisite quality of the business strikes? It's like the mint stopped caring about quality.
I just think the Matte Proof specialists are just a bit too cocky, seeing that well over a majority of them are still out there raw. And I bet a dozen or more of them are within 50 miles of where I sit typing this, and quite possibly, a handful within 2 miles. It's THAT kind of place.
Despite my criticisms of your reply, I am truly sorry it didn't work out. I would have loved nothing more than to see someone cherry pick Great Southern Coin and wish that it was a matte proof cent. At least one poster on the PCGS forums did cherry pick a proof from GSC and then a certain self slabber on eBay who shall remain nameless. Keep looking! Regardless, it is a nice coin. Having a nice rainbow toner like that straight grade from GSC is no minor feat.
No attorney would take this on a contingency fee basis. I am all for the strict enforcement of TPG guarantees, but under the plain meaning of the mechanical error language of the guarantee, I think you would lose. The OP also couldn't argue that he detrimentally relied on PCGS's opinion/error since he didn't buy the coin as a MPL and is the original submitter. As much as I love to gripe about PCGS playing fast and loose with its guarantee (e.g. the MS70 Ike, killing the copper guarantee, making people pay for PVC removal and other things that should be covered by the guarantee, etc.), PCGS is well within its rights on this one.
The mintage on these isn't that large (1,194) coins so there likely aren't that many die pairings. Without the diagnostics, the piece was still suspect. The rims are not squared as one would expect from a proof.
Not at all. It was asserted that PCGS should at least get right the ones that matter most, where the value difference is a thousand-fold. This submission was not a valuable coin by any stretch, and didn't merit any extra caution that a high-priced one might receive. It was a $50 coin and there was a mechanical error. Lance.
The theory is that there is only ONE obverse die. And while that may certainly be the case, there not being any fundamental reason there has to be a second, it seems to border on smugness given that only a minority of the mintage have been graded. It logically seems to be an unprovable assertion.