Ebay...Still a Cherrypickers Paradise 2017'

Some people in it to make money, some people in it just to have nice coins...I'm one of the coin people so at the end of the day it's just a penny to me...YIS...LP...!!!!

 

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It's a darned pretty one too, and a heck of a story.

 

Mr Bellman if this coin wouldn't have shown signs of being a Matte Proof I wouldn't have submitted it TRUST ME...For it to come back as a Matte Proof WOW...I got a coin every Matte Proof collectors wants in their dreams and in reality...Somebody better make me a Replica Sticker LOL because that graded coin is in his grave and anybody that don't like it can "KMA" Real Talk.....!!!!!!!

 

I had only one Coin Dealer tell me something Real and he is the only Dealer that has sold a penny for a Million Dollars ,His words were "I cant tell you nothing about a coin from no photos" So what this tells me is that it's a lot of want-to-be experts in the coin world only a select few can hold that title and I feel proud to say I know #2 of them...Talk about having fun with my coins LOL I call it the "VDB Test" and all coin experts who have played say #1 Proof & #1 Business Strike...Well this ends another episode of "As My Coin Turns" LMAO...!!!!!!!

 

I don't think anyone here claimed to be an expert. All the posters did were to point out and show photos of diagnostics known to exist for VDB proofs. These diagnostics are well documented based on extensive studies by true MPL experts.
These diagnostics are unique to 1909 proof Lincoln's, many to the VDB only and some to both 1909 and 1909 VDB. None are known to exist on business strike coins.

I truly wish your coin had these diagnostics. It would have been pick of a lifetime for a Lincoln cent fan.

 

Robec If it was as you say would you have traded your #8 coins for it...????? NO

<And this is just me> If I worked at the mint and people were calling and emailing wanting information about what happen over a 100 years ago and when you give a little information out the next thing you see is a Book out where that person is sitting at home making money and your still working trying to make ends meet...That Will Put A Halt On All New Information or A Stop To Anymore Information if you ask me..So the book I want to see is one coming from a ex-mint employee...That's when your going to get the true stories not these guy's putting 2&2 together are filling in the blanks just so they can look like they know everything..That was proven with the #2 different minting totals...All I can say is it was alot going on back then New design BIG demand kinda like the 2017 P is doing right now and they didn't have half the Mint Equipment they have now so go figure...!?!?!?!?!

 

A couple things...

Why would PCGS pay owner "serious cash"? I'm pretty sure they've covered themselves in their terms. I would imagine they have also kept good records of the multiple attempts to contact the current owner to rectify the (possible) error. If someone were to purchase it without checking the certification number (which does not show up as registered) then the buyer is at fault.


As for grading companies: from my perspective PCGS slightly edges NGC overall as far as market demand. However there are some areas where I notice NGC gets more favoritism than PCGS (such as in certain world coins, but not all). I will say this, PCGS has shown me to be consistently worse at grading modern coins. I can't imagine modern coins go through 3 graders and then a final inspection. If that is the case then they better send all their modern coin graders to get an eye exam.

I believe they have such high volume that they just send modern coins (especially those still in mint packaging) straight to the QC guy (or goes through 1 grader only). I really notice their low quality control in modern proof coins. My guess is that these are the ones that mostly arrive in sealed mint packaging. PCGS is most probably taking a leap of faith that these proof coins are all 69 or 70 and don't bother to give them a good look over. Unless something really bad stands out then they pull it out of line and insert it into their normal 3-grader-process. Even still some of these really bad ones get through with too much frequency, in my opinion.

At the end of the day it's become just another big business and the TPG's are looking to keep their big clients happy. As discussed in another thread, this is why a service like CAC (for classic coins) and QA (for modern coins) were born.

 

The only way I see PCGS paying big money is for PR reasons. But I just don't see them doing that when they have zero liability. If a buyer pays big money for the coin without doing due diligence (like checking the cert #), then it's 100% on them. Unlike in your case where the incorrect attribution made an expensive coin appear much less valuable.

 

Yea PCGS screwed up and screwed up big time. That doesn't mean they are still liable according to law. PCGS covered themselves in their terms and agreements. Furthermore if PCGS can show they made attempts to reach out to the owner and were unsuccessful (or did make contact) and their offer (which they didn't have to make) was ignored or not accepted, I imagine that will help them in litigation.

It probably doesn't help the owner either to have started this thread. What are the odds PCGS has saved screenshots of this?

 

For all we know PCGS has made an attempt to compensate the owner. With that said, they don't legally have to. Even though the owner paid PCGS to "get it right", they still reserve the right to make an error in their terms. If you send in the coin for grading then you agreed to their terms. Period.

EDIT: If I were PCGS I would only make one offer to compensate the owner. I would not allow for someone to hold me hostage in negotiations when I have zero liability. So if any monetary payout was refused or ignored, I would never increase my offer because the other party held out. If anything I would decrease my offer.

 

Great find. Hopefully, the toning is all natural and not a dipped coin.

 

This is a good point. Okay now I don't know where I stand on this, lol. I guess one would have to prove clerical error versus grading error. How would someone go about doing such a thing?

 

Endeavor calm down dude,you act like the coin is forsale WHY...???? This tread has made this 1909 VDB the most talked about in 2017...Hell GSC has had the biggest coin sales in over 2 years after this coin became public..So to me this is the start of a Crazy Pedigree for a coin if you ask me..Also,I don't want anything from PCGS they did what I asked (Grade My Coin) and they did what you asked (Freeze My Cert.#) CASE CLOSED...!!!!!

 

To be fair, early on in this thread YOU stated you were shopping it around to dealers who were trying to put offers together for you. Maybe that's why Endeavor is acting like your coin is "forsale"...

 

C-B-D
I know alot of coin dealers if I wanted to sell the coin "You All" would have never knew the coin in question ever existed Trust Me When I Tell YOU That...I know that the 1909 VDB is the only coin you need to have the #9 MPL set also you know people working for PCGS aswell that do what you say...Like I told you before IT'S ALL GOOD this is Entertainment for me...And I see you still sporting that Mole you owned that title LOL...Make me a Replica sticker (Got To Be Holographic) send it to your friend at PCGS and they'll send it to me...PROBLEM SOLVED

 

Not exactly true. One of the posters here was critiquing the coin when if first appeared in CoinFacts. He noticed the differences before he knew of the thread here or on the PCGS site.

 

what a coin, here it is again.......
Note the thick squared rims....
sandy matte surfaces....
chiseled details....
yada yada yada

 

I am calm. I have no care what happens to your coin. And of course the coin is not for sale, cause you can't sell it.

It has been talked about a lot for sure, but that doesn't make it worth anywhere near what it would be worth if properly labeled.

Are you saying I asked for them to freeze your cert #? Huh?

 

I'm not even acting or thinking like his coin is for sale. I even made a post a day or two ago about what could be done with the coin since it can't be sold, lol. Larry is just freaking out and trying to firebomb everyone cause he's pissed the coin he thought was worth $40k is worthless.

 

Wait. Is Larry also @buffnixx ?

Oh Larryyy, having two accounts is a no-no here.