PCGS Stumbles Badly On CAM Attribution

Discussion in 'Error Coins' started by Old Error Guy, Oct 23, 2018.

  1. ddddd

    ddddd Member

    Why would you say that is? :)
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  3. chascat

    chascat Well-Known Member

    You are so correct.
  4. baseball21

    baseball21 Well-Known Member

    What about it, just more of the typical company bashing despite the fact that PCGS hasn't even been contacted about the coin to see how they would handle it.
    Last edited: Oct 25, 2018
  5. chascat

    chascat Well-Known Member

    The wording of the post was primarily difficult to understand, but we all agree the "close AM" designation is a mistake, however, the 69DCAM designation may also be outdated due to age and mishandling over the past 18 years...this is common with proof coins both in slabs or in raw condition. PCGS will probably not guarantee the PF DCAM designation because of this, however they will no doubt address the "close AM" designation. I don't know what their policy is regarding coins which have been traded or sold to others.
  6. heavycam.monstervam

    heavycam.monstervam Outlaw Trucker & Coin Hillbilly

    I honestly hope PCGS customer service can take care of this !!
    Take care of the OP, not just ask for the coin to be sent in and have the label corrected. Im talking pay the OP the difference in market value between a wide AM and close AM !!
    Im getting about sick of these same stories over and over, that its just a mechanical error, a glitch in our system we will fix the label for free. NO everything's NOT a mechanical error. Do the right thing now & again and make people whole for these mistakes that keep slipping out the door..
  7. Old Error Guy

    Old Error Guy Well-Known Member

    If you post here, you seem to always get a rather high level of snark. It's why I rarely come here any more.
  8. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Why do you give them credit with such a blatant mistake?
    This stuff is day in and day out. The Attribution is worth some serious money.:banghead:
    heavycam.monstervam and ddddd like this.
  9. ldhair

    ldhair Clean Supporter

    Wow. I'm old. CAM was always cameo in my days. Please ignore my post.
    Insider and chascat like this.
  10. Pickin and Grinin

    Pickin and Grinin Well-Known Member

  11. NPCoin

    NPCoin Resident Imbecile

    Don't worry...it still means cameo! That's why I said I prefer the moniker ClAM so that there is no mistaking it. With so many DCAM modern coins, I'm not even sure many of these younger ones here have even heard of a "Cameo" coin before. :rolleyes:
  12. Dough

    Dough My brain is open

    I just sent in a Guarantee Resubmission for an Open-3/Closed-3 misattribution. I'll let you know how it goes.
    heavycam.monstervam likes this.
  13. ddddd

    ddddd Member

    Don’t let the few negative comments bring you down. That guy with the snarky remark works closely with PCGS and is an error expert, so stuff like this doesn’t look too good for him.

    Most of us agree that PCGS messed up with that coin and you should be covered. A company can’t just keep hiding behind the mechanical error mantra. If these mistakes are as rare as they say, it would be even easier for them to fairly compensate people and add some good publicity for themselves.
  14. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Apparently your snark is acceptable but is worthy of criticism when coming from others?
  15. Sealgair

    Sealgair Member

    I am pretty new to serious collecting (though I’ve been a casual collector for decades) so pls accept my apologies for this ignorance. I have always thought DCAM stood for “deep cameo”. But I cannot figure out or find in various coin glossaries what a bare AM would mean, rendering “close AM” quite meaningless. Enquiring minds want to know... Thanks!
    Insider likes this.
  16. ddddd

    ddddd Member

    Here is a quick guide:

    The “AM” refers to the first two letters in the word America
  17. ddddd

    ddddd Member

    Can you please show where the OP showed snark in this thread?
  18. Conder101

    Conder101 Numismatist

    The PCGS guarantee does give them an "out" to avoid paying compensation for the error by calling it a "mechanical error", but I suspect there is some chance that they will offer at least some compensation just to get it off the market in the error holder. Of course if you decline their offer they will probably just delete the certification from the website. They have done that to others who have declined to return error label slabs. They can't force you to return an error label slab, but by deleting the certification they can make it a little more difficult for someone to potentially fraudulently resell it as what the label claims it to be.

    I may be a TPG hater, but i will say that the major services will usually stand behind their product, as in their first twenty years when they always paid out for the few fakes that got out in their slabs even though their guarantees at the time never specifically said they would.
  19. Evan8

    Evan8 A Little Off Center

    Question: not defending PCGS or anything but is it possible that holder was opened and coins switched out at some point?
  20. chascat

    chascat Well-Known Member

    Read page 1.
    ddddd likes this.
  21. Fred Weinberg

    Fred Weinberg Well-Known Member

    Was I the one referred to who IS snarky, or was I 'getting snarky's' from others?

    I'm a bit confused.
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