US Mint COA Certificates of Authenticity

Discussion in 'Coin Chat' started by SilverWilliesCoinsdotcom, Nov 18, 2017.

  1. baseball21

    baseball21 Well-Known Member

    It is a worthless piece of paper, most people couldn't care less about it. If someone gets scammed from a COA and can't be bothered to look up proof vs other issues that's their own fault
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    I agree. But having been a long time collector of buying mint products in original mint packaging, I can also readily acknowledge that that worthless piece of paper, and the boxes etc etc, do have a certain value to collectors like I was - when ya need one.
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    I'm not limiting my comments to only being about what's happened lately. The TPGs refusing to grade original mint products, shipped to them in original mint packaging, goes back well over 20 years ago. I am tempted to say over 30 years ago but I've only ever personally seen it happen over 20 years ago.

    And yeah, I am well aware that graders never see the coins in the original packaging for it is removed before they see the coins.

    That said, I have never seen an original mint product that warranted a details grade, or no grade. Not even once.
     
  5. SilverWilliesCoinsdotcom

    SilverWilliesCoinsdotcom Well-Known Member

    You're onea the good ones. Can't disagree.
     
  6. baseball21

    baseball21 Well-Known Member

    I have in the mint sets from a couple years ago. Haven't ordered from the mint since

    The NGC ones I heard of were still sealed in the actual box the mint shipped them out. I assume the graders don't get a note stating it happened, but it's still a little silly something still in their packaging and box they shipped it in gets rejected for color.
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    I agree, but like I said, the graders never see the coins in the original packaging. Nor are they told the coins arrived in original packaging. The graders get the coins in flips and all they see is a submission number and the coin. That's all the information they are given. Well, unless attribution is requested and paid for.
     
  8. SilverWilliesCoinsdotcom

    SilverWilliesCoinsdotcom Well-Known Member

    It might be the temper of the times. We're a distrusting society, as exampled by the fear of the Chinese counterfeit coins and even the counterfeit TPG holders now showing up. How often do we see (sound) advice that no one buy a CC Morgan Dollar in any decent grade that isn't slabbed? Also, like the way we watch TV, we don't wait for one night of the week at 8 pm or whenever to see our favorite show... we tape it for months then binge watch, we watch marathons, or a season at a time, we buy mint rolls and send them all off for grading, expecting back a few 70s, which we then sell off to finance the next buy, often a never ending race to break even if we're lucky AND shrewd. Sometime long ago, we lost the feeling of holding a 100 years old silver coin in our hands without gloves, or through bullet proof glass, versus heaven forbid, clicking a fingernail along the rim of a silver dollar, trying to keep count...
     
  9. GDJMSP

    GDJMSP Numismatist Moderator

    And if you have coins in original mint packing that would be worthy of a details grade or no grade - I'd love to see one.
     
  10. baseball21

    baseball21 Well-Known Member

    Looking back I should have kept it. I sent it back for a refund, but the pres dollars in it were heavily stained and marked up. Something went really wrong when they made that one.
     
  11. mark_h

    mark_h Somewhere over the rainbow

    When I was buying from the mint (and it was for like 20 years) I returned exactly one coin. It was a five dollar proof coin that came out of its plastic holder and got scratched in the shipping process. If that one had been shipped straight to a grader it would have got a details(scratched). I wish I took a picture of it.

    As it is they have been selling COA's and boxes on ebay since I first joined it.
     
  12. Conder101

    Conder101 Numismatist

    Back when the Mint first started using COA's they didn't even say on them what coin or set they were "authenticating" so you could use one of their COA's for any set.

    At one time I worked in a shop where we kept a supply of cases, boxes, and COA's on hand. When some one wanted a given coin or set in OGP, we would just acquire the coin(s), pull components out of stock, and assemble the item in OGP complete with COA.
     
  13. SilverWilliesCoinsdotcom

    SilverWilliesCoinsdotcom Well-Known Member

    Thank you.

    And it's not just the government here. Personally, I am going to start asking for photographic proof of the grandparent whose attic these raw gems come from.
     
  14. baseball21

    baseball21 Well-Known Member

    I believe that and don't blame you guys at all for that. I do however wonder why the mint even bothered with them if they couldn't even be bothered to have any information at all on it about what it was supposed to be for
     
  15. SilverWilliesCoinsdotcom

    SilverWilliesCoinsdotcom Well-Known Member

    It was likely in the legislation and they printed something to legally comply with the obligation.
     
  16. baseball21

    baseball21 Well-Known Member

    That would make sense, seems like really the only reason to do something like that
     
  17. Conder101

    Conder101 Numismatist

    It was in the early days of their COA's and they just hadn't thought it through yet. After the first year or two they did start putting on the COA's what set/coin they were intended to go with.
     
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