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Question on survival estimates and those "R" numbers
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<p>[QUOTE="Barberian, post: 26798828, member: 24442"]I follow the Sheldon Rarity scale where R8=1-3 coins, R7=4-12 coins. R6=13-30 coins, R5=31-75 coins, etc.</p><p><br /></p><p>Here's an 1874-S WB-5 (Obverse 1 with Reverse B), recently graded at PCGS at VF20. It is rated an R7 with only 6 examples currently known since it was described and published by SLH expert, Bill Bugert in 2015. I happen to have seen three of these WB-5s on eBay, all of which were either Fair-2 or a harshly cleaned UNC. This example was found on a dealer's site by a fellow SLH die marriage collector who alerted me to it.</p><p>[ATTACH=full]1710706[/ATTACH] </p><p><br /></p><p>Unfortunately, I sent it to PCGS, and they apparently don't recognize the WB-5 and called it an WB-2 (Obverse 2, Reverse B; rated an R5). Where does PCGS get the right to be arbiters of known die marriages? Their job is to properly identify all known DMs that have been discovered, described and published by experts, and then grade them. In effect, they have polluted both WB-5 and WB-2 with their poor attribution work and not keeping up with new DMs. A perusal of Coin Facts shows that it is filled with their erroneous attributions. </p><p><br /></p><p>Upon contacting PCGS about this error, they tell me they don't know what DMs are legit, and that I would have the best chance of receiving a proper attribution by submitting a common DMs. That rare DMs are often not recognized by their attributers. WHAT?! They ignore the dozens of DMs that have been described and published since Bill Bugert's registries were published. Those rare DMs are the reason for having them being attributed and labeled in the first place.</p><p><br /></p><p>Bottom line: If you have rare DMs, DO NOT send them to PCGS because they really don't know what they're doing and they don't care to know. I've even had trouble with them over 1855/54 overdates.[/QUOTE]</p><p><br /></p>
[QUOTE="Barberian, post: 26798828, member: 24442"]I follow the Sheldon Rarity scale where R8=1-3 coins, R7=4-12 coins. R6=13-30 coins, R5=31-75 coins, etc. Here's an 1874-S WB-5 (Obverse 1 with Reverse B), recently graded at PCGS at VF20. It is rated an R7 with only 6 examples currently known since it was described and published by SLH expert, Bill Bugert in 2015. I happen to have seen three of these WB-5s on eBay, all of which were either Fair-2 or a harshly cleaned UNC. This example was found on a dealer's site by a fellow SLH die marriage collector who alerted me to it. [ATTACH=full]1710706[/ATTACH] Unfortunately, I sent it to PCGS, and they apparently don't recognize the WB-5 and called it an WB-2 (Obverse 2, Reverse B; rated an R5). Where does PCGS get the right to be arbiters of known die marriages? Their job is to properly identify all known DMs that have been discovered, described and published by experts, and then grade them. In effect, they have polluted both WB-5 and WB-2 with their poor attribution work and not keeping up with new DMs. A perusal of Coin Facts shows that it is filled with their erroneous attributions. Upon contacting PCGS about this error, they tell me they don't know what DMs are legit, and that I would have the best chance of receiving a proper attribution by submitting a common DMs. That rare DMs are often not recognized by their attributers. WHAT?! They ignore the dozens of DMs that have been described and published since Bill Bugert's registries were published. Those rare DMs are the reason for having them being attributed and labeled in the first place. Bottom line: If you have rare DMs, DO NOT send them to PCGS because they really don't know what they're doing and they don't care to know. I've even had trouble with them over 1855/54 overdates.[/QUOTE]
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Question on survival estimates and those "R" numbers
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