Hope you all have been having a great summer! Got this coin awhile ago and it is labeled 1951 5C. I was carefully looking at my coins last night, as it stormed here in valpo, and found out that it actually is a 1951 D. My question is: Does anyone else have any of these errors, and are they worth anything as errors. Thanks in advance, Valpo
It would be deemed a "mechanical error" and is, unfortunately, something that happens more often than you may think.
Hope you all have been having a great summer! Got this coin awhile ago and it is labeled 1951 5C. I was carefully looking at my coins last night, as it stormed here in valpo, and found out that it actually is a 1951 D. My question is: Does anyone else have any of these errors, and are they worth anything as errors. Thanks in advance, Valpo
Not a huge deal I suppose the values aren't all that different, but if they were a big value difference ;Do you think that they offer me a reholder without a charge?
It's a typographical error. They happen once in a while, but are not worth a premium. If you return it to NGC, they will correct the error. Chris
If memory serves me I do believe they will reholder without charge, but will require you to pay for shipping, which kind of defeats the purpose imo. *edited to correct spell correct.
I was just going to tag you (or @Insider) to confirm or dispute that they'll fix it yet not pay for shipping. Is this correct, or has my memory again failed me?
PCGS pays for shipping both ways. Sometimes you pay for it there and they mail you a check, but they may have switched that process to just sending you labels to print. NGC I assume does something similar but have never corrected one with them.
PCGS pays for shipping both ways. Sometimes you pay for it there and they mail you a check, but they may have switched that process to just sending you labels to print. NGC I assume does something similar but have never corrected one with them. I just quoted it again so it was in both threads not knowing which one might get deleted
There is a market for these erroneous slabs, believe it or not. Some people actually have collections of these.
NGC fixes it for free and covers shipping both ways. Some collectors like to wave these mistakes all around a coin show to show how much smarter they are compared to the TPGS.
All I really wanna do is crack it out and put it in my Dansco, but I shall delay doing that until I see if I can tap into that market of collectors who like to collect erroroneous slabs. The only kind that I've seen that are not precisely correct are the ones without the variety info designated on it. That is the kind I like to buy! Thanks for your replies. Great to have a place to come to like CT to find out about this kind of thing.
That's the market I will have to find out how to target. As for me Im going to delay cracking it out until then. I needed a toned example for the Dansco. I like to buy slabs without the varieties listed on them and then reholder those with the designations. I suggest everyone try to find one. The easiest are the Morgan dollar VAMs.
There are some that collect this type of thing but they don't pay much for the error on the label. It's just something fun to collect.
LOL, yeah @eddiespin you should give NGC a call and let them pay you to conduct a grading seminar for the fools that do the grading over there.