1995-W American Eagle

I bought an American Eagle PCGS 1995-W PR69DCAM. Thinking wow what a steal. Got home and there's a P on the back. PCGS label Error. Worth more because of the error then a regular 95-P?

 

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Sorry kidcline. This is one reason all the veterans on here say, "Buy the coin, not the plastic."

 

Thought so. It wasn't that I knew it was an error it was wow this coin is rare and I could have it now. Then checked it out later and P clear as day on the back. Not so rare anymore.

 

People do collect slabs...you might be able to find someone who thinks it's neat and get a little premium for it. But, that person might be hard to find and the premium is probably minimal.

 

Did this "steal" just happen to go for Philly money? Also, may I ask in what type of venue you purchased it?

 

Understandable. Goes down as a lesson learned.

 

Well 680 with a trade of 520 involved so 1200 total. And an Antique dealer in Fredrick Maryland.

 

This is actually a 95-P PCGS69DACM, right? I do hope other coins were involved in this purchase/trade...

 

It actually reads 1995-W on the PCGS label and that's what I thought it was.

 

Thanks for reminding me to stay out of Fredrick

 

Question - Is there any way you can return it?

 

Returns are not accepted. All sales final. States on the door way. My father said. I understand it's my fault one second to check

 

Yes, I understood that part, but unfortunately it doesn't really matter as it would be considered a mechanical error. Equally as unfortunate is that any premium for the coin in said holder is likely to be very modest to negligible unless, perhaps, selling to someone else who wishes to use it in some sort of scam. If I were you, I'd do everything in my power to make this antique dealer stand behind the sale, no matter what you thought it was. Regardless of the fact that you paid well under the going rate for a real 95-W, you still paid many, many multiples of what the Philly issue is worth.

 

Mind sharing why this was such a great "deal"?

 

As clearly stated saying 1995-W on the PCGS label and then only giving 1200 for a 2000-2500 dollar card made it a deal. However being only a Philly production not so much of one

 

Try getting a refund, but if you can't I would be interested for a small premium over what the coin is really worth... I like slab errors!

 

On one hand I feel sorry for you. On the other hand I don't. You were trying to get a steal and instead you were the one that got stolen. With that said, if you spoke with the dealer in person and they never disclosed the error and you feel now (in hindsight) that they deliberately tried to dupe you, I would be going back to speak with that dealer in person. I would first respectfully request a refund. If the dealer does not grant the refund I will be sure to get my money's worth by getting in their face and giving them a piece of my mind. I'm not one to advocate confrontation that could lead to violence, but sometimes a mans got to do what a mans got to do.

 

Assuming what you're telling us us true, I'd tell him to take that sign and shove it up his you know what. Not for one second would I believe he didn't know what he had; you were most certainly scammed by someone more than happy to take that $1100+ out of your pocket. Don't get played for a sucker; if the guy's an "antique dealer", he at least surely knew that he could have tripled or more what you paid with a quick ebay flip or nearly doubled with little effort elsewhere.

Yes... you've a responsibility to know what you're actually buying, but this does not mean it's okay for him to screw you (or anyone) either.

 

Here are the pictures to prove. And even on the registry the PCGS states it as a 1995-W when looking up the serial number

 

There is nothing immoral or wrong if you are looking for a deal. A lot of people around here seem to think so...but lets say it was a legit 1995-W and the seller wanted $1200...clearly he is making a profit because that is his asking price.

I completely agree. There is no way this seller didn't know what he had and he clearly marketed it in a way as to sell it for a lot more than it's worth.