Instead of the grade they should have put the grit of the sandpaper. That would have at least gotten a chuckle out of me.
Do you REALLY think this came in a normal monster box? Btw, anyone can order a sealed monster box, but nothing like this is inside them. This "thing" along with the "nail" pieces left the mint in someone's shoe and quickly sold to a willing accomplice, (dealer). Exact same scenario as 1933 double eagles. The mint should get their house in order and find their thief(thieves).
Not necessarily. Most people will believe that but the honest truth is we just don't know. With the volume that the mint has been doing and how everything is getting automated things can happen. We see "errors" happen across all industries when it comes to automated production. If the processes were perfect recalls would never happen. I am not saying for sure it was a process error, but I won't rule it out until someone has been caught for doing it by hand
I can understand (maybe) if pcgs was just authenticating this as having been made by a U.S. Mint die, but an actual grade??!!
They should put a bunch of sanding discs on PCGS Photograde so we can see the difference between an MS64 sanding disc and an MS65 sanding disc. Someone should buy this and resubmit it for grade review.
Yes I do. Or at least that it could. I have explained how these were created before. In order to "dress up" the finish on the dies as they start to wear, they will strike a eagle through a disk of fine sandpaper (grit toward the die face). That coin and the disk are supposed to be discarded. But sometimes that coin with the disk still stuck to it gets sent on with the rest of the coins. These first showed up, and were slabbed, back in the mid to late 80's. In this case the sandpaper disk has separated from the coin and PCGS slabbed it separately.
Whether it was accidentally or deliberately created, PCGS shouldn't have graded it and given it possible monetary value.
It's about the bottom-line. Take it to the bank, everyone from cradle to grave is getting a piece of the action.
It is what it is and I don't have a problem with them certifying it at least then people can't just stamp them at home and sell them raw. I do agree though that the numerical grade is a bit silly in this case, genuine seems to be more appropriate
Genuine what, though? It's not a coin. It's not a silver eagle. Technically it's not even a mint error, because the very definition of a mint error in numismatics is that it must be a product of the mint (ie: a coin or medal). This is a product of 3M, or Home Depot, if you keep stretching your imagination.
It was still struck though at the mint as part of the process. It may just be a piece of sandpaper but like Condor explained it as part of the process which will have appeal to some in the error world. Having just the description on the label could work as well
But grading it? I'm sorry, process error or not (and I could see it preserved in some fashion as a "process error"), grading it? There are things you do for money which carry a stigma. This is one of them.
Do we really think that 100 dollars made any difference in their bottom line or that there are going to be a money maker? Condor had mentioned them being slabbed back as far as the mid 80s would be interesting to know what companies have. Really though its something that would be to be certified for anyone to have any interest in it
Errors are always hot. Like the time someone ordered the McDonald's "Chicken Selects" and got a fried chicken head/crown in their order. Big payday for the winner of that "process error."
Ah... like the lady who got a, wait for it.... HOT coffee "error" prior to her payday, right? America... the land of "opportunity".