CoiNFacts Error, #5

MapsOnFire

Eisenhower $1 1776-1976 P Bicentennial, Type 1.
Auction Record, $28,000.
But this coin should not be in this list. The price is misleading, because it was overstruck on a Bicentennial $.25 planchet.

The "real" auction record may be $5640.00 for a different coin.

ricko

Yep... That listing needs 'adjustment' Cheers, RickO

MetroD

@MapsOnFire

There are TWO "overstruck" entries in the "Auctions - NGC Graded" data for PCGS #7418.

Source: https://www.pcgs.com/coinfacts/coin/1976-1-type/7418

This is the one you detected; here is the other.

MFeld

@MapsOnFire said:
Eisenhower $1 1776-1976 P Bicentennial, Type 1.
Auction Record, $28,000.
But this coin should not be in this list. The price is misleading, because it was overstruck on a Bicentennial $.25 planchet.

The "real" auction record may be $5640.00 for a different coin.

Have you been reporting these errors to PCGS?

MapsOnFire

Yes! Formerly @HeatherBoyd. Now @PCGS_Moderator.

MapsOnFire

Yes MetroD. And perhaps the second one should be removed also. I was focused on the Auction Record coin.

MetroD

@MapsOnFire said:
Yes MetroD. And perhaps the second one should be removed also. I was focused on the Auction Record coin.

Yep.

The entry I highlighted is currently the second highest "price" in the auction data for PCGS #7418.

Source: https://www.pcgs.com/auctionprices/details/1976-type-1-ms/7418

It is also "overstruck". In fact, it is the same coin (i.e., NGC cert #2009052-001).

IF PCGS is going to remove "error" entries from their auction data, which I believe is your objective, they might as well address both entries at the same time (i.e., JAN-2014 and AUG-2014). Otherwise, the second "overstruck" entry is just going to move into the "auction record" slot.