Hello Everyone this is my first thread and I thought I should share something funny. My dad bought me a bulk mystery lot of slabbed US coins. This 1964 Nickel caught my eye. It is a very nice Nickel but... the grading company got the date wrong on the label lol. The Nickel is a 1964 but the slab label says it’s a 1963? Note to Everyone I wouldn’t recommend using this company
This grading company is not recommended at all. You will see these slabs all the time on eBay for cheap. PCGS, NGC, and ANACS are the slabs you want.
Yeah we are aware we just bought them to look through and store away the nice ones. They were cheap enough and we found some cool stuff.
I wouldn't even call it a grading company more like a do it yourself job.Only buy certified coins by PCGS,NGC,ANACS and IGC.
Very nice looking nickel and you are correct, avoid this grading company. The incorrect date on the label is just a label error and has nothing to do with the coin. I would live as is just to have an incorrect label.
We figured. And we usually buy from PCGS, NGC, etc... We just bought them cheap for the fun of looking through them. Although we did find about a dozen silver coins in the lot.
Thats fine just don't buy expensive coins from those obsolete companies like your example and its a nice proof.
As long as you’re happy, that’s all that matters. It’s your collection so enjoy it and glad you found some silver in that buy at a low price.
FWIW, Aiden, even if the date error was made by any of the top grading services, it would not make it worth anything more. The grading services consider these "mechanical errors" and simply correct them when they are resubmitted.
As I was searching through the mystery lot. I think I found doubling on this 1943 ww2 steel cent. What do you guys think?
ALL grading companies make their share of mistakes. They do not inspect the coins after they are entombed and send them out with wrong coins, wrong information and wrong grades. It's not all of them, but enough to make them all suspect. Even wrong denominations are not rare enough to make their errors valuable. Remember, buy the coin, not somebody else's mistake.
Welcome to CT @AidenAlexander. I love seeing young collectors that have interest in this hobby and can do it with their father. I too have acquired a couple of those INB slabbed coins. I wonder how a good TPG would assess them? Have fun and keep us in the loop as to you and your dad's collecting. Good luck. Is your dad a member here also?