Lazy Grading

braddick

Not only is there no grade assigned- I get that- Services have been doing that for a bit.
Yet. . . no real date? The actual date can't be placed on the insert? Too much effort?!

U1chicago

That is certainly one step above the ungraded label.
My guess is that a dealer had tons of 1971-1974 Silver Ikes and NGC agreed to a reduced bulk price as long as they could just reuse the same label (with the only change being the cert number).

Dave99B

Could be worse. The label could just say ‘COIN’.

Dave

PerryHall

@Dave99B said:
Could be worse. The label could just say ‘COIN’.

Dave

It could be a lot more worse. The label could be in cursive and half the young coin collectors wouldn't be able to read it.

braddick

@U1chicago said:
That is certainly one step above the ungraded label.
My guess is that a dealer had tons of 1971-1974 Silver Ikes and NGC agreed to a reduced bulk price as long as they could just reuse the same label (with the only change being the cert number).

My thoughts exactly, other than I spend time on eBay and other auction sites specifically searching for PCGS and NGC Ike dollars and over the course of doing so this is the single example I have seen offered for sale.
I would think there would be other examples I would have stumbled upon in the last few months.

U1chicago

@braddick said:

@U1chicago said:
That is certainly one step above the ungraded label.
My guess is that a dealer had tons of 1971-1974 Silver Ikes and NGC agreed to a reduced bulk price as long as they could just reuse the same label (with the only change being the cert number).

My thoughts exactly, other than I spend time on eBay and other auction sites specifically searching for PCGS and NGC Ike dollars and over the course of doing so this is the single example I have seen offered for sale.
I would think there would be other examples I would have stumbled upon in the last few months.

It is an older label, so it was a while back that these were sent in. Maybe some are still around while others could have been cracked and sent to be melted when silver spiked in 2011.
Or it could be a one off/part of a small test batch done for a dealer who then decided against slabbing more.

Kliao

There's not even NGC's name or logo on there.

Probably a TV infomercial slab that NGC offered the cheapest possible form or bulk grading for.

braddick

@Kliao said:
There's not even NGC's name or logo on there.

Probably a TV infomercial slab that NGC offered the cheapest possible form or bulk grading for.

Here is the reverse of the slab:

Conshyboy

Send it to USB he will hook you up with a label to say anything you want and it's only $10 bucks

Coinscratch

Well they got the Brilliant part down!
https://m.youtube.com/watch?v=3DPKf7y1F-Q

OldeTowneCoinShoppe

I don't see a problem here. It's a type representative for Eisenhower dollars of '71 - '74, any date of which would satisfy type requirements.

yspsales

I see these and just pass them by unless they are a particular VAM

messydesk

@yspsales said:
I see these and just pass them by unless they are a particular VAM

You'd pass them all by, then since there are no Ike VAMs.

yspsales

@messydesk said:

@yspsales said:
I see these and just pass them by unless they are a particular VAM

You'd pass them all by, then since there are no Ike VAMs.

I see these occasionally with Morgan Dollars as well.

Guess bulk grading promotion related

asheland

@Dave99B said:
Could be worse. The label could just say ‘COIN’.

Dave

telephoto1

As already stated elsewhere, TV seller bulk sub. Saves a lot of time printing labels. These are probably the reason for and result of multiple recent bulk blue and brown Ike wholesale buy offers. I sold a bunch of overstock to a fellow dealer who stopped by on his way to a show to blow out what he'd accumulated, and I imagine it was to feed this or some similar promo. And yes they do it on generic date commercial BU Morgan/Peace as well.

BStrauss3

The blue box labels were used for all kinds of promotional slabs. You could get them to put just about anything on the label for a modest price - look up Mad Marty.

Morgan13

@Kliao said:
There's not even NGC's name or logo on there.

Probably a TV infomercial slab that NGC offered the cheapest possible form or bulk grading for.

That's what I think.
I just saw another one today. I believe it was an 1893 $10 gold piece.
A large hoard. Only 200 a d they set the clock counting down 10.
What's sad is that many people do get taken this way.

MFeld

@braddick said:

@U1chicago said:
That is certainly one step above the ungraded label.
My guess is that a dealer had tons of 1971-1974 Silver Ikes and NGC agreed to a reduced bulk price as long as they could just reuse the same label (with the only change being the cert number).

My thoughts exactly, other than I spend time on eBay and other auction sites specifically searching for PCGS and NGC Ike dollars and over the course of doing so this is the single example I have seen offered for sale.
I would think there would be other examples I would have stumbled upon in the last few months.

No doubt, the other hundreds or thousands of examples were quickly scooped up by buyers who (mistakenly) thought they were buying rare, valuable grading label errors.

😉

braddick

@MFeld said:

@braddick said:

@U1chicago said:
That is certainly one step above the ungraded label.
My guess is that a dealer had tons of 1971-1974 Silver Ikes and NGC agreed to a reduced bulk price as long as they could just reuse the same label (with the only change being the cert number).

My thoughts exactly, other than I spend time on eBay and other auction sites specifically searching for PCGS and NGC Ike dollars and over the course of doing so this is the single example I have seen offered for sale.
I would think there would be other examples I would have stumbled upon in the last few months.

No doubt, the other hundreds or thousands of examples were quickly scooped up by buyers who (mistakenly) thought they were buying rare, valuable grading label errors.

😉

Ouch. That stung a little bit.

(Your reasoning is exactly why I did purchase this one...)

MFeld

@braddick said:

@MFeld said:

@braddick said:

@U1chicago said:
That is certainly one step above the ungraded label.
My guess is that a dealer had tons of 1971-1974 Silver Ikes and NGC agreed to a reduced bulk price as long as they could just reuse the same label (with the only change being the cert number).

My thoughts exactly, other than I spend time on eBay and other auction sites specifically searching for PCGS and NGC Ike dollars and over the course of doing so this is the single example I have seen offered for sale.
I would think there would be other examples I would have stumbled upon in the last few months.

No doubt, the other hundreds or thousands of examples were quickly scooped up by buyers who (mistakenly) thought they were buying rare, valuable grading label errors.

😉

Ouch. That stung a little bit.

(Your reasoning is exactly why I did purchase this one...)

I’m sorry - that wasn’t my intent.

braddick

My Ike shown above has a buddy.

airplanenut

@braddick said:
My Ike shown above has a buddy.

The smaller coin for the youngins loses its effectiveness when they don't also shrink the slab

davewesen

great idea airplanenut, a 2x2 slab for the smaller coins would be cool - and slab box collectors would have another size to include.

Coinscratch

@davewesen said:
great idea airplanenut, a 2x2 slab for the smaller coins would be cool - and slab box collectors would have another size to include.

You can’t make it too small because the young Collectors could choke on them.

braddick

@Coinscratch said:

@davewesen said:
great idea airplanenut, a 2x2 slab for the smaller coins would be cool - and slab box collectors would have another size to include.

You can’t make it too small because the young Collectors could choke on them.

Youngens don't like the taste of buffalo.

airplanenut

@braddick said:

@Coinscratch said:

@davewesen said:
great idea airplanenut, a 2x2 slab for the smaller coins would be cool - and slab box collectors would have another size to include.

You can’t make it too small because the young Collectors could choke on them.

Youngens don't like the taste of buffalo.

Good point... flavor them like detergent

davewesen

@Coinscratch said:

@davewesen said:
great idea airplanenut, a 2x2 slab for the smaller coins would be cool - and slab box collectors would have another size to include.

You can’t make it too small because the young Collectors could choke on them.

how big do you have to be before you can swallow a 2x2 ? I am not sure I could now, but I have not tried.

DisneyFan

@PerryHall said:

@Dave99B said:
Could be worse. The label could just say ‘COIN’.

Dave

It could be a lot more worse. The label could be in cursive and half the young coin collectors wouldn't be able to read it.

@braddick said:
My Ike shown above has a buddy.

I was going to say it could be worse and show no grade at all. Well, what do you know, they do exist!

Coinscratch

@davewesen said:

@Coinscratch said:

@davewesen said:
great idea airplanenut, a 2x2 slab for the smaller coins would be cool - and slab box collectors would have another size to include.

You can’t make it too small because the young Collectors could choke on them.

how big do you have to be before you can swallow a 2x2 ? I am not sure I could now, but I have not tried.

I don’t know, but it says right there on the label Not Good for Consumption.