If a coin is an error, would the NGC or PCGS label always say that?

Yeah, he relisted it here...

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=320643817660

Basically said edited I want more money. I'd report him and neg rep him.

 

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Agreed

 

Since he did not put a reserve in his auction, can this legally happen? What good is an auction if there is no binding terms on the buyer or seller? I would think eBay wouldn't want this type of attitude to flourish. This is where a major auction house has an advantage. They have the coins in their possession, on consignment, and could force the seller to comply with the sale.

 

It is against ebay policy. However it is very hard to enforce I bet. As long as the money is refunded. Anyway, after i opened a case, he opted to send my the coin.

 

It depends on the error. PCGS will generally slab any coin with a lamination, and most any with a cracked planchet as well as many strikethroughs as "Genuine" with the code for "planchet defect" but they will grade as mint errors... if you pay for Mint Error service...

 

When I asked the seller why it wasn't on the NGC label, he had this response:

"It is not listed on the NGC holder because it was crossed-over from an ICCS holder AU58, and they did not cross the error over"

Does that make sense? I really know don't know anything about slabbing coins etc..

 

Fine! I'll post pics when it arrives and see if I should resubmit it and pay for the extra attributes.

 

I am eagerly awaiting your pictures.

 

Pictures from the auction aren't good but I think it is probably machine doubling. You say if it isn't a doubled die you would send it back, but the seller never said it was a doubled die, he says it was double struck.

As many have mentioned NGC and PCGS will not usually list an error or variety unless you pay for the error service. There are some exceptions for some well known errors. If you send in a 1955 DDO cent without identifying it they will still list it as a 55 doubled die.

You also have the problem with NGC that they will only list varieties that are on their "approved" list. But if it is a double struck piece they would list that....if you pay for the listing. And the seller is right error of variety listing usually will not carry over on a crossover.

 

This is a direct response to me asking if it is a double die and not machine doubling:
"Hi Greg,
It is not a machine doubling, it is a true double die...."

But we will see when I get it.

 

"a true double die" has no real meaning. Double die just means two dies. Every coin is struck by two dies. A doubled die, means the die had a doubled image on it. And in either cae in the aucion he didn't call it a double die or a doubled die, he called it double struck which is something totally different. From that I'd say he has no idea what it is. You will find that most dealers, unless they specialize in errors or varieties, are usually pretty totally clueless about errors.

 

Well lets hope for the best, but expect the worst.

Should have just bid on the cherry tums i guess.