Found 1916 Standing Liberty Quarter in eBay lot purchase

Discussion in 'Coin Chat' started by MIGuy, Nov 20, 2020.

  1. MIGuy

    MIGuy Supporter! Supporter

    Because I’m not rich and I’m confident that it’s fine. Why would I go to the time and expense of proving an established fact to people who I don’t know or have any reason to concern myself with? I don’t need to prove the moon isn’t made of green cheese just because random internet commenters insist that it’s debatable. Besides, I have generously offered to submit my entire SLQ set to PCGS and CAC if some doubter wants to put their money where their mouth is. Alas, no takers on that, lol.
     
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  3. Kentucky

    Kentucky Supporter! Supporter

    Not meaning to be rude to you. Good find, meaning to be rude to @Derrick Combs
     
  4. Kentucky

    Kentucky Supporter! Supporter

    De nada
     
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  5. MIGuy

    MIGuy Supporter! Supporter

    Lol, yeah, but I'm a dope, so I didn't catch that at first. Sorry!
     
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  6. Derrick Combs

    Derrick Combs Well-Known Member

    For my idea of selling a details coin with a sum somewhat witchy history to buy a better example graded by a different service.
    I don't ever buy icg or anacs. Because I know there can be discrepancies. If this is a 1917 it proves that fact. If not then it proves this guy has an eye you only wish you had. Sell it? You would too.
    Is it honest? If that slab says 1916 and the buyer believes it what difference does it make? You watch eBay all day long and see obvious counterfeit and or damaged coins trading for way more than they should be. Why? Because people don't know. But in this slab someone should be held liable at the grading service and not this guy. He did nothing wrong.
    And what if, he cracks it out and sends it to ngc and they come up with the same result. Does he still have to Crack it and send it to pcgs for a third opinion before selling it? Would you? Hell no you wouldn't and no one else here would either.
     
  7. Conder101

    Conder101 Numismatist

    Yes, unless they say "oh it's a mechanical error and the label should have said 1917".

    And from what I see in the OP image, it's a 17.
     
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  8. ilmcoins

    ilmcoins Well-Known Member

    Awesome!! Congrats!!
     
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  9. MIGuy

    MIGuy Supporter! Supporter

    That's tough, your eyesight must be worse than mine - mine indicates that it's a 1916 and I know that ICG experts examined it carefully and identified it accordingly and have then slabbed it as such with their guarantee of authenticity, which makes me pretty pleased, I have to admit. (Edit - also you can look up serial numbers to confirm a genuine slab and see what ICG labeled it on their website).

    Interesting discussion on ICG grading from a few years back - https://forums.collectors.com/discu...iend-centsles-is-selling-lots-of-them-on-ebay
     
    Last edited: Nov 25, 2020
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  10. KSorbo

    KSorbo Well-Known Member

    If they tried to play the “mechanical error” card for something like that I would publicise it on every numismatic site I could find. They are supposed to be the specialists who can tell a dateless 1916 from a 1917. It’s what they are paid to do.
     
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  11. Kentucky

    Kentucky Supporter! Supporter

    Is it honest? If you know it isn't and try to take advantage of someone's ignorance, it is not only dishonest, but immoral. Does that matter to you?
     
  12. KSorbo

    KSorbo Well-Known Member

    My earlier comments were based on the seller and buyer genuinely not knowing that a coin is misrepresented by the slab. If it was something that I researched beforehand and found to be incorrectly attributed, and others on this forum agreed, selling the coin without that disclosure would cross an ethical line for sure.

    As for the OP coin, we have varying opinions based on insufficient photos at this point, so I don’t think we have established an ethical line yet. However, if it were my coin I would want to run the question to ground.
     
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  13. Kentucky

    Kentucky Supporter! Supporter

    I wouldn't sell it until I found out
     
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  14. MIGuy

    MIGuy Supporter! Supporter

    I apologize again for my picture skills, but if anyone is still interested this might help folks see the 1916 features more clearly (or not!) but Happy Thanksgiving to all anyway!
     

    Attached Files:

  15. Derrick Combs

    Derrick Combs Well-Known Member

    He never said he knew it wasn't. He never came on here and said i got a slabbed bogus. Never said it was a counterfeit slab or anything. He said he sent it to a grading service and they said it was a 1916. End of story. But now guys like you who are butt hurt over his find decide to twist something i said into something I didn't. And use this thread to spread your own ignorance. I could maybe see it your way but my head doesn't reach around as far as yours evidently.
     
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  16. Derrick Combs

    Derrick Combs Well-Known Member

    I would trust icg grading before I would people on this thread trying to do it with that picture. Icg had this coin in hand. Had they had that picture im sure they would have had inconclusive results. Idk how icg does it but I thought the other services more than one eye looked at the coins? How do multiple eyes make the same several thousand dollar mistake? All I'm saying is right now that coin saw professional eyes. If it was mine it would be for sale. Not because I knew it was fake or even thought. I would sell it because it has details grade.
    I've seen lots of posts on this group. Even one a guy asking what grade his coin would get. Everyone in the thread told him "au details cleaned". Coin even looked dipped. Came back from ngc same coin still looking cleaned in a ms64 slab. Now should that guy have sent it to pcgs because the thread told him it was cleaned when the experts didn't? Ludicrous. I wasn't here looking for customers or to sell counterfeit merch. I don't care if any of you trust me or not. Is it honest? When the EXPERTS say it is it is...
     
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  17. Kentucky

    Kentucky Supporter! Supporter

    Riiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiight
     
  18. Conder101

    Conder101 Numismatist

    Sorry but it doesn't, and I still think it is a 17.
     
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  19. Conder101

    Conder101 Numismatist

    They are , that's why it's a "mechanical error", it was supposed to say 1917. If they looked at it thought it was a 1917 but accidently put 1916 on the label, they are not responsible. Says so right in their guarantee
    This ICG Guarantee shall not apply to:

    (a) any clerical error with respect to the description or grade of the coin;

    So if it turns out it is a 17 they could claim it was a clerical error and be off the hook. And as I have said, from what I can see it looks to me like a 17 so I could believe a clerical error.
     
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  20. KSorbo

    KSorbo Well-Known Member

    Yes, I agree that they could legally claim it. Just like I and other collectors have every right to publicize and complain about such a claim in online forums. A lower tier grading company would probably have more to lose in this type of scenario. They can’t compete with the top tier in grading, which means that they have to do everything they can to maintain their reputation for accurate attribution and authentication.
     
  21. Tusky Ranger

    Tusky Ranger Active Member

    That's great! I have some coins I've been debating to send in - but not wanting to pay the NGC/PCGS premiums for these particular ones. I've been collecting a set of all 1818 coins and 1919 coins, go along with the 2020 coins of this year. I thought it would be cool to have set like that! I think ICG would serve me well in this endeavor. Last bunch of "threads" contained a 9 page discussion on TPG's where ICG was the "target" for the most part. You have a nice coin, properly identified/protected, and you didn't go broke in the process :)
     
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