1988s pcgs ms69 cameo

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CERT VERIFICATION #08771710
According to the PCGS Certification Database, the requested certification number is defined as the following:

PCGS Coin Information
PCGS # 96830
Date, mintmark 1989-S
Denomination 50C
Country The United States of America
Grade PR69DCAM
Mintage 3,220,194
Holder Type Standard
Population 6,147
Pop Higher 579
PCGS Price GuideSM Value: $18

 

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It looks like a slab error. These happen occasionally when the people inputting the information for the label make a typo or mixup.

Some people will pay a small premium for these mistakes.

 

Ha, I knew it! I must be psychic, or just a good guesser.

 

Wow I never realized there was a slab error how much is it worth?

 

@paddyman98 also has a slab error.

 

Yes but how do you determine if it is a slab error, or if someone put this coin into this empty holder? Is there no way to open it without showing that it has been tampered with?

 

Why would you assume it's worth anything?

And just to be clear, I say/ask this as food for thought.

 

Opening those heat sealed slabs is really difficult without wrecking them.

 

So the coin is PR 69 D CAM, and just the holder says 89 instead of 88?
I was wondering if someone pulled a switch. Cracking and selling the PR69 D- Cam 89-S, and putting in a lower graded 88-S.
Although the coin looks high grade to me.

 

The 88 and 89 PR-69 sells for generally the same money, why would someone crack one out to replace it with another? Both are found for around $12-15

 

Sonically sealed...

 

Yes. They just input the wrong code or the next year on the date.

That really not something that should be a concern.

 

But is this slab error worth more money?

 

If it was replaced with a lesser quality coin.

 

If you put it up on Ebay as a slab error, it might bring a few bucks more than a normal slab. There are folks that collect these but they don't pay a large premium.

 

worth $25?

 

It would likely sell on ebay for around $25 due to the slab error (without, it's likely a $10 coin on ebay).

Remember there are still ebay fees (assuming no ebay store: 10% to ebay, 3% +$0.30 to paypal, and ~$3 for shipping...so you would net around $18.48).

Depending on who is looking, it can sell right away or it might take some time before a sale.

 

But it takes $16 to grade so how will it be worth $10 without the error

 

You never know.

Many coins sell for much less than the grading fees.

 

The big boys also get deep discounts for the volume they submit. Sometimes they might only have a few dollars in the grading fees. They drop off thousands and pick them up reducing shipping costs as well.