Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
I start a suspect coin review with ATTRIBUTION & the NOT 1796 half cent
>
Reply to Thread
Message:
<p>[QUOTE="johnmilton, post: 8046444, member: 101855"]Unfortunately that takes too much time for the TPGs who are looking to process the coins as much as possible. What collectors don't realize is that the graders must get "the product" out as fast as possible. That involves quick reviews by however many number of graders they have looking at coins. There is supposed to be a "finalizer" who is supposed to catch this stuff. As you can see, a small number of the authentication errors still get through. </p><p><br /></p><p>The thing that burns me when they make a mistake like this is that they charge you based upon the market value of the coin. Yes, a low grade 1796 No Pole Half Cent in low grade is not worth as much as a better one. Still it is on the Greysheet for $22,000 in AG. That means you are going to be paying at least several hundred dollars to get an example graded. Given that, what is the excuse for NOT taking the precautions with a coin with less than 50 known genuine examples?[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 8046444, member: 101855"]Unfortunately that takes too much time for the TPGs who are looking to process the coins as much as possible. What collectors don't realize is that the graders must get "the product" out as fast as possible. That involves quick reviews by however many number of graders they have looking at coins. There is supposed to be a "finalizer" who is supposed to catch this stuff. As you can see, a small number of the authentication errors still get through. The thing that burns me when they make a mistake like this is that they charge you based upon the market value of the coin. Yes, a low grade 1796 No Pole Half Cent in low grade is not worth as much as a better one. Still it is on the Greysheet for $22,000 in AG. That means you are going to be paying at least several hundred dollars to get an example graded. Given that, what is the excuse for NOT taking the precautions with a coin with less than 50 known genuine examples?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
I start a suspect coin review with ATTRIBUTION & the NOT 1796 half cent
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...