I missed this one WOW! No Bids!

Discussion in 'Error Coins' started by rh287, Dec 5, 2009.

  1. rh287

    rh287 Junior Member

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  3. mark_h

    mark_h Somewhere over the rainbow

    I can't say for sure - the pictures do not inspire my confidence in the grade of the coin. Plus I am not sure I would go with that price guide since I can't find where any 65's sold at auction - there was a 66 I saw that beat this coin to death(based off pictures) that went for 350(August 2nd 2009) - the price guide had it at 2500. So I doubt the validity of the price guide - me, I lean towards you saved $200. Just my humble opinion.
     
  4. rh287

    rh287 Junior Member

    Yeah I thought the same thing about the pictures. But I don't think NGC would be that far off on the grade or attribution. If it's a true 54 S/d FS -033 MS65 I would have crossed it over to PCGS and sent it off for resale at a live auction somewhere. But I def would have snipped that coin had I seen it.

    And it seems now more than ever that PCGS graded coins are selling for much higher prices than the same coin and grade in NGC slabbs.
     
  5. mark_h

    mark_h Somewhere over the rainbow

    Well I think even if you sniped it, then paid the cross-over fees I do not think you would have made a whole lot(even if you made any). And you would be out money if it dropped in grade. In my opinion it was best that you missed the auction.
     
  6. coinman0456

    coinman0456 Coin Collector

    anyone want a 65 or 66 ?
     
  7. rh287

    rh287 Junior Member

    PCGS cross over fees are $12.00 and they guarantee to match or exceed the grade or they return it in the NGC slab. All you owe is shipping fees. Not sure how they can determine the grade by looking through the plastic on the slab...but that's what they told me.
     
  8. Tuffjump

    Tuffjump Junior Member

    Ngc #

    According to the NGC certification the # 2212535-007 was issued to a coin 1954 s/d vp-001 fs-501 not fs--003 as stated. Value of the real coin is said by NGC to be $275.00
     
  9. schatzy

    schatzy ~Roosie Fanatic~

    I would never ever trust any price guide.

    Here is a great example I bought this 1963 DDR.
    The Price guide has the price at $2000 in PF67Cam and no price for deep cameo.
    http://www.bestcoin.com/roosevelt-dimes-1946-1964.htm
    PCGS has only graded 5 coin at the deep cameo level.
    How much do you think I paid for the coin? Don't cheat!!
    [​IMG]
     
  10. SirCharlie

    SirCharlie Chuck

    I got curious and ran the numbers. It appears the grader at PCGS graded a batch of dimes that was given sequential numbers, and they all got graded the same except for one that I saw was a 68. The person that sent that batch in must have made a bunch of money!
     
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