Sometimes business owners want $$$ for Human mistakes in this coin biz.

I support NGC 100% as I also do ICG and PCGS. This ebay dealer rant is uncalled for and trying to snake for cash.
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Simply this is called a Mechanical error or entry error. I have had many of these in my 30+ years of collecting and maybe lost more money than what this guy is asking on the bay. This ebayer even has an little video at the bottom of his auction.
Do you want to buy Jewels from this guy?


Enjoy..http://www.ebay.com/itm/Major-Morgan-Silver-Dollar-grading-error-by-The-Numismatic-Guaranty-Corporation/281248186448?_trksid=p2046732.m2060&_trkparms=aid=111000&algo=REC.CURRENT&ao=1&asc=20002&meid=4331342921132527212&pid=100040&prg=8920&rk=2&rkt=2&sd=271380585569&

 

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The guy is just a DB & has not had enough experience submitting coins . It happens ,get over it.

 

I could swear I saw a thread just like this yesterday.

 

I just sent an offer for $6.00 for the lot. Let's see if I win!

 

I will offer you $3.00 for the 1888 Morgan if you win and hell pay shipping. LMAO

 

I put it on my watch list to see if anyone is dumb enough to buy them at the BIN price.

 

I had a Shield Nickel come back once that was labeled a 50¢ instead of a 5¢ . Holy crap ,that's a entirely different denomination !

How could the low level employee that types the label info into the printer in the encapsulation room miss that ? Geez what morons they must be ....

Maybe he'll want to but it for a million dollars ? I should offer it to them.

 

I've worked for a manufacturer all my life. I've spent time as a 1st line supervisor on the floor, managing hourly workers and maintenance in a UAW facility. A company can have the absolute best processes in place, but once you add the human element to the equation, anything can happen.

The eBay seller looking to capitalize on NGC's simple error is dreaming. As a collector, I would NEVER pay a premium for that kind of silly labeling mistake. That being said, if he finds a buyer for his mis-labeled coins, more power to him. As for the "collector" that buys those mis-labeled coins at such a premium, they better be ready to own them for a long, long, long time.

 

The error was made at the start of the process when the person unpacking the submittal made a type typing in the information from the invoice. The computer generates a barcoded sticker that goes on the flip. That barcode is what tracks the coin through the process and then at encapsulation they scan the code again and the computer prints the label.

Now there is supposed to be a finalizer that examines the slab before it goes out, but when you consider the shear number of slabs that NGC slabs daily (about 7,000), it is not surprising that errors such as these get missed