My $60 Disappointment

Discussion in 'US Coins Forum' started by kanga, Feb 16, 2010.

  1. kanga

    kanga 65 Year Collector

    BACKGROUND: The 1941 proof WL half comes in two varieties, NO "AW" and WITH "AW".
    "AW" is the designer's initials (Adolph A. Weinman) and they appear on the reverse.
    It appears that the proof dies were produced from the business strike dies, just highly polished.
    Sometimes so highly polished that the initials (AW) were often removed resulting in the NO "AW" variety.
    From what little could find about this, the general feeling is that there are fewer coins with the initials than without.

    MY DISAPPOINTMENT: I've got one in an NGC holder labeled:
    1941 NO "AW" 50C/PF 65.
    That's good.
    I bought another in an NGC holder labeled:
    1941 50C/PF 66
    (Just as an aside, I bought it from Island Coins in Dec 09. That's the dealer we just found out passed on.)
    I looked at it carefully and the initials are there albeit weak.
    So I sent back to NGC to get a definitive opinion.
    Of course I was hoping it would get the WITH "AW" attribution.
    I got the coin back in the same holder.
    No attribution.
    I called and the response was if there's no attribution on the label then it is understood to be the WITH "AW" variety.
    So I have the coin I wanted.
    Just disappointed (and $60 poorer) that the label doesn't say so.
     
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  3. rzage

    rzage What Goes Around Comes Around .

    How about a picture , sounds like some awesome coins .
    rzage
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I hear ya!!
     
  5. Bazz

    Bazz Member

    That's a shame Kanga. Still it sounds like you have a couple of very nice coins there. I concur with everyone that we would very much appreciate a photo.
     
  6. kanga

    kanga 65 Year Collector

    I've got pictures of the coins but I need some closeups of the initials.
    Proof coins are a REAL pain to image, but I'll see what I can do about the initials.
    Probably tomorrow.
     
  7. Treashunt

    Treashunt The Other Frank

    Kanga:
    I'd call them back and ask them why they charged $60 for no change.

    What a rip.
     
  8. kanga

    kanga 65 Year Collector

    Well, half of that was for S&H back and forth.
    The other $30 was for the examination and opinion.

    Here's the two coins:

    No "AW"
    [​IMG]

    With "AW"
    [​IMG]

    The comment was that although a bit weak, this coin is definitely a With "AW" variety.
    The reason I sent it in was to get a reading on at what point it is considered a With "AW" variety.
    I've seen plenty with a partial "AW" but I've only seen one with a stronger "AW".
    But the one with the stronger "AW" was so toned (flat grey) that if the slab hadn't said PF I would never have known.
    Actually I'm still not convinced.
    If I can find one with a strong "AW" AND nice proof surfaces I'll probably buy it.
    The Baltimore Whitman show is in a couple weeks.
     
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Why they wouldnt take care of this with out the additional $60 ding is
    Beyond me ):
     
  10. majorbigtime

    majorbigtime New Member

    Meethinks the grading services are rip-offs on matters like this.
     
  11. fretboard

    fretboard Defender of Old Coinage!

    Oh but only on matters like this huh? :D
     
  12. schatzy

    schatzy ~Roosie Fanatic~

    Next time you want to send anything to NGC, call and ask first. They are more than happy to answer any question. On the NGC fourm they also have a section where you can ask NGC about anything and include picture. It does take they a few days to get back on the fourm.
     
  13. saltysam-1

    saltysam-1 Junior Member

    I think you should take it with you to Baltimore, stop by the NGC booth, and continue the conversation. If the rep and you can both read it, ask why the grader can't? Your phone call sounded to me like a fast answer to a perfectly sound question.
     
  14. mark_h

    mark_h Somewhere over the rainbow

    I am confused - none of the NGC slabs have "with AW" on them. So are you disappointed that they do not put "with AW" on the sticker? Or are you disappointed it cost you $60 to find out the slab stickers without "no AW" automatically mean they have the AW.
     
  15. Breakdown

    Breakdown Member

    Kanga
    Sorry it cost you to find this out. Walker varieties for the most part, bring little premium and the two varieties of the 41 Proof bring very similar prices. Part of the reason for this is PCGS doesn't even acknowledge the distinction. I sold most of my Walker proofs a while ago but I had a 41 "No AW" and remember when I bought it, I thought there must be some value difference between the two.
    In any event, I like both your coins, particularly the "With AW" -- very nice look.
     
  16. kanga

    kanga 65 Year Collector

    True,
    BUT
    since NO "AW" is not an automatic attribution by NGC, a coin with no label cannot automatically be considered WITH "AW" (or am I wrong about this).
    I was hoping to avoid future confusion by having the coin labeled WITH "AW".

    Also $60 was the total cost including S&H.
    The requested attribution was only $30.
    I'll drop by their table at the Balto Whitman show and see what they say.
    I would hopefully get the $30 back.
     
  17. rzage

    rzage What Goes Around Comes Around .

    Kanga , you still have 2 beautiful coins , hopefully they'll start using the with or without designation , since they have it in the '75 Redbook I'm currently using that the '41s come with or without AW . Getting your $30 back would be nice too .
    rzage
     
  18. mark_h

    mark_h Somewhere over the rainbow

    Then yes I would be disappointed too. Hopefully they will clarify it for you. Good Luck!
     
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