NGC grading boo boo

Think NGC graders were having a bad day when they graded this one. Obviously an 1844 Large Cent that the grader(s) certified as an 1811 Large Cent details coin. This happen often?

https://www.ngccoin.com/certlookup/5956112-015/NGCDetails/

 

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LOL the graders must've been pretty highI'm only 16 and thats obviously 44 not 11.Keep it like that though its an interesting piece.

 

it's an 1844 over 11

 

The images are pretty dark, and the coin is pretty abused, but I've never seen a 1 with a crosslet.

 

Mechanical errors do happen from time to time.

 

Yeh, the novelty value is definitely worth more than the coin. You'd think that NGC would be willing to buy that slab just to get it out of circulation (it's up for auction) with very low current bid.

 

It happens. I've seen a Peace dollar labeled with no mint mark that was actually an S and was worth considerably more than the owner purchased it at because of the "no mintmark" label.

 

That doesn't shock me as much as failure to identify the correct type of large cent, especially with the totally different obverse image and the supposed checks/balances that I thought were implemented at both NGC and PCGS for QA purposes. If they have such a discerning eye during coin grading as to question the color of a coin, they sure as hell should be able to discern the correct type of coin.

 

Send it back! They need to certify and slab correctly. They should slab the error slab certifying the error and correcting their mistake on the new slab, the one that contains the error slab.

 

Not mine. It's up for auction (I was initially interested based on the lot description indicating a 1811 Large Cent, and then did NGC verification on the NGC web site, and saw the photos). I'm tempted to put in a low ball bid just to collect the NGC cert error for novelty sakes.

 

Flabbergasted. The coin sold for $85.00 at auction. Someone paid that much for a cruddy 1844 large cent. All they had to do was online NGC verification to see it was erroneously certified as an 1811 large cent.

 

So, um, wasn't one of the original points of third-party grading to facilitate sight-unseen trade in coins? And how exactly does the TPG's "guarantee" support this, when egregious errors like this can be dismissed as "mechanical errors", covered only to the extent that they'll re-slab them for free?

 

Given how bad the photo of the coin slab was in the online auction, the bidders should have done a quick NGC verification to see the much better NGC photos of the coin.

As an aside, I purchased an 1809 Large Cent correctly certified by NGC as Fine Details, Environmental Damage, for a nice price, imho, in the same auction. Fairly rare, and just cost me 110, with 10% buyers premium and shipping. So for $25 more than what someone bid on that cruddy 1844 Large Cent, I got a decent (albeit Details) rare 1809 Large Cent.

 

Just a mechanical error. All the services make mistakes. Nothing new.

 

Please explain how this was a mechanical error. Do you mean the label was mistyped as "1811" rather than "1844"?

 

That's what mistakes such as this are called. The date could have been entered wrong or things got out of order and the label for a different coin was used. Just a simple mistake.

 

And certainly not worthy of a claim against their guarantee.

 

No one’s perfect.

 

I always thought of the term as a catch all for things that go wrong and I'm good with that. I'm pretty sure NGS will cover the cost of putting it in a proper holder.
With that said, folks collect this type of thing. It may be worth more in the messed up holder.
We have a really crazy fun hobby.

 

I'd like to see you type 30 million words without a single mistake!