That is why I hoped the result would include more detail. A counterfeit error is a different thing than if it's a counterfeit coin. The body-bag doesn't specify either way
I think the tag is very clear. Someone tried to alter the coin (other wise legit) so it appeared to be a mint error, as I said they used a blue flame. What is not understood?
I know the graders will sometimes add notes to the file on the coin, so I checked with them, and the label is all there was. Based on the diagnosis, I should be okay to sell the coin as a conversation piece without the secret service knocking on my door? The worst was the 1960 D/D Sm/Lg date memorial came back MS64RB, but they didn't give it the error label. The notes said they saw the error there, but that they do not attribute this variety. Should have gone with ANACS on the memorial I guess. 2 junk certifications out of 10, still not that bad. Thanks everyone for the thoughts on the Franklin, and I'm sorry I didn't publish the results right away. I guess I like building antici..........................pation.
Thanks for the clarification, I haven't worked with PCGS enough to know all their lingo. It would be nice if they added context to their decisions sometimes, but I imagine if they did that with each coin then turn around times might be 6 months or more...ouch.
"Fee not refunded. The coin is either a known counterfeit or exhibits characteristics of known counterfeits and is therefore highly suspect. This category includes otherwise genuine coins which have been altered to simulate rarities (re-engraved dates, added mintmarks, removed mintmarks, etc.)"
What I meant was, when you check the cert number there should be a page with info - just like any coin with a cert, right? It has a cert number and you paid them to work for you, shouldn't they spell out the situation?
They body bagged it so they don't give it a real cert number. The number listed is my submission form number.
There exists a number on your label in the position where they claim they put cert numbers. They should be responsible to tell you exactly what this issue is if they cashed your check. email them the question.
I called for an explanation and they said there was no additional information available on this coin. Even for educational purposes, it would be nice to know exactly what was the diagnosis. I think they are doing a disservice by not expanding on their decision, but I'm not sure there's anything that can be done to change how they judge coins.
I think they fail large if they can not tell you specifically what the issue was. You should request your money back.
That's never going to happen. We told him that it was post mint damage, and he submitted it anyways. He was told that it was post mint damage. The experts looked at it, and rendered an opinion. (the opinion agreed with the consensus of the board, even though they didn't specify *exactly* the process that was done - they agreed that it was a simulated, counterfeit error). That is what they were paid to do. Why should they refund him because the opinion wasn't what he wanted?
I have no problem with the results and in no way would ask for a refund. They are paid to look at coins, and they looked at the coin...so they did their job. I would love to have a more in depth explanation, but since I have been sending to PCGS for 20 years, I knew they wouldn't. It was fun, and I enjoyed the conversation.
Don't get me wrong, I'm disappointed. However with the other 9 coins submitted at the same time, the submission is still up +$4000 from the grades they were purchased raw at local shops and shows. So you won't see me shedding tears any time soon. If anyone wants a Franklin in a PCGS body bag, feel free to message me.