Think of it this way - There are millions, if not billions of cents out there. They are always randomly getting hit by other coins, keys, dropped, run over, chewed on, flipped, etc. At some point, those random hits will look like things that they aren't. It's the same principle of a million monkeys randomly pecking away at a typewriter for a million years. One of them will type out the complete works of Shakespeare. So... you have a Shakespeare cent...
So this is done at the mint and is caused by worn dies?? Now I can accept that with understanding after reading the links sent to me. Thanks.
I read where doubling of this nature was once considered doubled die and was later recanted years later and there are still cents out there graded and believed by the owners to still be accredited with a doubled die cent.
Well, the coin collecting world made many mistakes back in the day. Owners of incorrectly attributed coins are the "bag holders" in the end. Example - PCGS labeled quite a few 1970S cents as "small dates" when they were in fact large dates. I've seen probably 10 of those slabs.
So it's actually good to be very careful when you're buying anything and making sure you check it with GNC's to make sure it's actually the right coin.
Are you saying there are no 1970s small date because I have one and I thought it was a small to date.
No, it has nothing to do with comparing the coin to images on the TPG sites. It's that the TPG's themselves make mistakes in their attributions. As we always say - BUY THE COIN AND NOT THE HOLDER. This applies not only to grade but to incorrect variety attributions.
One more reason to HATE the TPG’s. Well Mr. Customer we REALLY COULD CARE LESS that we screwed up and you stand to lose BIG money on the coins we graded. Who cares that we are the experts, who cares that we screwed up, who cares that it IS A BIG DEAL? THE TPG’S obviously DO NOT CARE. What a screwed up customer service policy they must all have. I’ll take mine raw for many reasons and this is just one more! Reed.
Right, I get that but what I don't get is how PCGS can take a cent that is classified as an error, and after people have spent hundreds of dollars on them just tell them ,Hey, that cent you paid hundreds for is now worth five cents. That's hard.
Tip: DONT BUY SLABS IF YOU DONT HAVE TO. If you do don’t the trust the slab, label or Company any farther than you can throw a Buick. The coin Might be a coin......who knows and if it’s not....well your the one holding the bag so your it so to speak. Not funny. Reed
Very good I understand exactly where you're coming from it's kind of messed up for real. That kind of deters people from spending money. It seems they would recompensate the buyers so that they keep the money flowing. Not very good business sense.
I'm not talking about ERRORS - those are generally child's play to attribute. I'm talking about VARIETIES. Sounds like you may need to learn the difference. http://www.lincolncentresource.com/FAQ/errors_vs_varieties.html Error examples: