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A mislabeled coin to avoid

BarberianBarberian Posts: 3,585 ✭✭✭✭✭
edited February 19, 2024 6:59PM in U.S. Coin Forum

This is NOT an 1840-(O) medium letters. This is 1840 small letters reverse minted in Philadelphia.

https://ebay.com/itm/305340400197

Edited to add working link.

3 rim nicks away from Good

Comments

  • alaura22alaura22 Posts: 3,194 ✭✭✭✭✭

    Bad link

  • BarberianBarberian Posts: 3,585 ✭✭✭✭✭

    Thanks @1madman

    Thanks for the tip in getting around all that alphabet soup as well.

    3 rim nicks away from Good
  • alaura22alaura22 Posts: 3,194 ✭✭✭✭✭

    @Barberian said:
    This is NOT an 1840-(O) medium letters. This is 1840 small letters reverse minted in Philadelphia.

    https://ebay.com/itm/305340400197

    Edited to add working link.

    Have you contacted the seller?

  • BarberianBarberian Posts: 3,585 ✭✭✭✭✭
    edited February 19, 2024 7:07PM

    @alaura22 said:

    @Barberian said:
    This is NOT an 1840-(O) medium letters. This is 1840 small letters reverse minted in Philadelphia.

    https://ebay.com/itm/305340400197

    Edited to add working link.

    Have you contacted the seller?

    Yes. A few minutes ago, via eBay. This is going to be interesting because the slab is mislabeled. My guess is the seller is going to trust ICG rather than do any research. Why bother?

    I anticipate I'll be sending screen shots of Bill Bugert's guides next.

    3 rim nicks away from Good
  • ToreyTorey Posts: 201 ✭✭✭✭

    @alaura22 said:

    @Barberian said:
    This is NOT an 1840-(O) medium letters. This is 1840 small letters reverse minted in Philadelphia.

    https://ebay.com/itm/305340400197

    Edited to add working link.

    Have you contacted the seller?

    "caveat emptor" or something of that sort ;)

  • alaura22alaura22 Posts: 3,194 ✭✭✭✭✭
    edited February 19, 2024 7:17PM

    @Barberian said:

    @alaura22 said:

    @Barberian said:
    This is NOT an 1840-(O) medium letters. This is 1840 small letters reverse minted in Philadelphia.

    https://ebay.com/itm/305340400197

    Edited to add working link.

    Have you contacted the seller?

    Yes. A few minutes ago, via eBay. This is going to be interesting because the slab is mislabeled. My guess is the seller is going to trust ICG rather than do any research. Why bother?

    I anticipate I'll be sending screen shots of Bill Bugert's guides next.

    I wouldn't waste my time if he is just a coin flipper, he/they really don't care, they just want to sell the coin
    If he doesn't listen to you then they become someone to avoid in the future

    Edited to add:
    They have some nice bodysuits for sale also.....................Just saying :o

  • PerryHallPerryHall Posts: 46,149 ✭✭✭✭✭

    @Insider3 Is this one of the coins that you evaluated at ICG?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • BarberianBarberian Posts: 3,585 ✭✭✭✭✭
    edited February 21, 2024 8:22AM

    eBay sees no problem with a mislabeled coin. They need a few numismatists on staff. This is ridiculous.

    3 rim nicks away from Good
  • BarberianBarberian Posts: 3,585 ✭✭✭✭✭

    I've sent eBay two more reports and have contacted the seller four times. Customer service agent found the listing to be fine.

    3 rim nicks away from Good
  • BarberianBarberian Posts: 3,585 ✭✭✭✭✭

    I just called eBay and tried to explain this to a rep. Their replies weren't relevant to the problem. They were going to investigate the seller and not the mislabeling problem.

    Does ICG guarantee their coin grading?

    3 rim nicks away from Good
  • jacrispiesjacrispies Posts: 936 ✭✭✭✭✭

    I saw this right when it was listed and immediately messaged the seller about the label error. Apparently he does not care either.

    "But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
    BHNC #AN-10
    JRCS #1606

  • BarberianBarberian Posts: 3,585 ✭✭✭✭✭
    edited February 21, 2024 9:26AM

    I'd hit him with some Romans 6: 23.

    3 rim nicks away from Good
  • Insider3Insider3 Posts: 260 ✭✭✭

    Guess what! I caught exactly the same label error on one of these yesterday during QC. Many coins are put into the ICG catalogue with the rarest variety first so that the clerk doing the input operation sets us up for easily determined mistakes as this. We cannot change the catalogue. At least now the first person on an 1853 quarter knows to change the "no arrows" to the" w/arrows" variety. I can laugh at this BUT IT IS NOT FUNNY! We do not like to make label errors.

  • Insider3Insider3 Posts: 260 ✭✭✭

    I Emailed the seller in case Ebay did not tell him the label was wrong and to take down the listing. Thanks guys! I like to say that when a coin leaves a TPGS, millions of eyes check their work.

  • Insider3Insider3 Posts: 260 ✭✭✭

    @Barberian said:
    I just called eBay and tried to explain this to a rep. Their replies weren't relevant to the problem. They were going to investigate the seller and not the mislabeling problem.

    Does ICG guarantee their coin grading?

    AFAIK, TPGS's do not guarantee obvious label errors.

  • LJenkins11LJenkins11 Posts: 778 ✭✭✭✭✭

    Good catch. The reverse arrow feathers stick out substantially further to the left of the branch for real (O) coins WB-4 and WB-12.

  • jesbrokenjesbroken Posts: 10,002 ✭✭✭✭✭

    Also, I was under the opinion that graders were not the ones who attribute coins. I heard it was a separate department. Is this true or not?
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • BarberianBarberian Posts: 3,585 ✭✭✭✭✭

    @jesbroken said:
    Also, I was under the opinion that graders were not the ones who attribute coins. I heard it was a separate department. Is this true or not?
    Jim

    One would think a grader would recognize a Reverse of 38, or what "small-, medium-, and "large letters" mean on a Seated half or a large cent. These are character states found in multiple denominations. Have they opened a Redbook?

    3 rim nicks away from Good
  • CryptoCrypto Posts: 3,697 ✭✭✭✭✭

    @Barberian said:

    @jesbroken said:
    Also, I was under the opinion that graders were not the ones who attribute coins. I heard it was a separate department. Is this true or not?
    Jim

    One would think a grader would recognize a Reverse of 38, or what "small-, medium-, and "large letters" mean on a Seated half or a large cent. These are character states found in multiple denominations. Have they opened a Redbook?

    On an 1840 half it should be obvious but that’s coming from a seated guy. Can you naked eye spot the difference on 1837 large cent revs? That are a million hub variances from that period with many in the red book but it would be hard to pull them all from memory without context for most humans.

  • Insider3Insider3 Posts: 260 ✭✭✭

    @jesbroken said:
    Also, I was under the opinion that graders were not the ones who attribute coins. I heard it was a separate department. Is this true or not?
    Jim

    It depends. I have been the main attributer for all coins/medals/tokens at every TPGS I've worked at except NGC. At the two top TPGS all the graders do is grade because the "coinheads" are in the receiving dept. inputting the coins correctly. Additionally, I believe that at least one top service requires the coin's owner to tell them what the variety is and ask for attribution. Check the rules before submitting. At at least one TPGS, important varieties are assigned for no charge whether you know the coin is "special" or not. Label errors as shown in the OP happen due to inattention during grading an QC. I take the blame for this one getting past us As I wrote above, I caught the exact same error at the end of last week. On one hand I wish I had the luxury of just grading. On the other, I would lose out on all the knowledge involved/gained attributing coins and finding new discoveries during the "hunt."

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