I think PCGS missed something on this one...

Discussion in 'US Coins Forum' started by LostDutchman, Sep 2, 2009.

  1. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    I'd say they dropped the ball on this one.

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  3. itsallngoodtime

    itsallngoodtime Beachhunter

    It looks pretty good I think it could have graded better.
    Bob
     
  4. Speedy

    Speedy Researching Coins Supporter

    better?....I could be wrong, as I have been once or twice :D , but I wouldn't grade that coin any better than F12 and that is on a good day.

    Speedy
     
  5. HandsomeToad

    HandsomeToad Urinist

    The question I have is how did that get into a graded PCGS holder? :eek:

    The hits on the reverse are massive and far exceed what PCGS will normally bodybag a coin for, so how did this end up in that slab? Is it the original coin in the holder or did someone swap it out? Or is the holder fake and the coin is real?

    Whatever the case may be, I cannot believe that PCGS put that coin in that holder and graded it as such. :goof:

    Ribbit :)
     
  6. ziggy9

    ziggy9 *NEC SPERNO NEC TIMEO*

    Who took the bite out of the top of the letters in the word "ONE" on the reverse. No grade...Damaged!
     
  7. ziggy9

    ziggy9 *NEC SPERNO NEC TIMEO*

    Either you type way faster than me or started typing earlier tha me!
     
  8. ziggy9

    ziggy9 *NEC SPERNO NEC TIMEO*

    Send it in for a reevaluation. they definately owe something on that one!
     
  9. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    It is definitely a genuine PCGS holder and coin with no signs of tampering.

    My reaction was very similar to everyone's here when I first saw this coin. Lets just say that I bought it as more of a curiosity and at a pretty big discount.
     
  10. CrustyCoins

    CrustyCoins Twilight Photographer

    Seems like damage on the reverse of that coin.
     
  11. ziggy9

    ziggy9 *NEC SPERNO NEC TIMEO*

    Doesn't PCGS guarantee the difference in value from the actual grade to the misgrade?

    Richard
     
  12. CrustyCoins

    CrustyCoins Twilight Photographer

    Yes if they deem the coin to be miss graded and not a data entry error.

    In this case if the messed up letters on the reverse are considered post mint damage it would be the difference between a Genuine grade and the grade on the current holder.
     
  13. rzage

    rzage What Goes Around Comes Around .

    Just curious , I wonder how old that holder is , and it definately should be resubmitted , unless you like it as a conversation piece .
    rzage
     
  14. rlm's cents

    rlm's cents Numismatist

    How do you know it was a ball that was dropped on this one. It looks more like a sharp edge to me. I would be interested in just what their definition of "damage" is versus what they (thought they) saw on this coin.
     
  15. TheNoost

    TheNoost huldufolk

    You know more than I do about this type of thing I'm sure, but shouldn't the dash between the 1 and the S be longer?
     
  16. Mark Feld

    Mark Feld Rare coin dealer

    Are you certain that those are man-made hits on the reverse? I'd sure like to see it in hand before condemning it as such.
     
  17. Captainkirk

    Captainkirk 73 Buick Riviera owner

    Is it possible it's a fake slab? The damage on the reverse is pretty severe.
     
  18. Mark Feld

    Mark Feld Rare coin dealer

    I'm confident that the slab is genuine. That's not a very likely coin to try to switch, either.
     
  19. HandsomeToad

    HandsomeToad Urinist

    I sent it to PCGS and it was forwarded to Mr. Willis so now I'm waiting to hear back from him. ;) They have access to the pics they took of it so they can confirm whether or not it is kosher and then they can explain how it got slabbed, since I cannot see any other excuse for the damage than post mint damage. :kewl:

    I'll post PCGS's reply once I get it. :thumb:

    Ribbit :goofer:
     
  20. CrustyCoins

    CrustyCoins Twilight Photographer

    I agree and that's also why in one of my previous posts I mentioned "if it is post mint damage" because it's hard to tell from the photos. Although in my first post I said it looked like damage. :eek:
     
  21. rlm's cents

    rlm's cents Numismatist

    I just looked the number up at PCGS. Anyone else notice anything odd about their verification?

     
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