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When is a Coin no longer a "Coin"?

braddickbraddick Posts: 23,963 ✭✭✭✭✭
in U.S. Coin Forum
I stumbled across this auction and the thought occurred to me: When is a COIN no longer a Coin? Or, better phrased, Is everything that comes from the Mint a "coin"?

Check this one out:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1381747344

peacockcoins

Comments

  • RussRuss Posts: 48,514 ✭✭✭
    What I'd like to know is how they were able to decide that twisted hunk of metal is an MS63?

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • kryptonitecomicskryptonitecomics Posts: 9,185 ✭
    It's not a coin that for sure. How the heck do you grade something like that MS63?????? It could be anywear from a G4 to MS70 from what I can see. They even state it's a piece of metal left over after the planchets were created, so how is it a coin??????image I'll give them a $1 for the conversation piece.
    Kryptonitecomics Ebay Auctions
  • PlacidPlacid Posts: 11,299 ✭✭✭
    Just a few contact marks I guess image
  • truthtellertruthteller Posts: 1,240 ✭✭
    "when is a coin not a coin?"



    When it gets into a ICG holder.

    TRUTH
  • Dave99BDave99B Posts: 8,529 ✭✭✭✭✭
    Pat, that's a joke.....

    Dave
    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • RussRuss Posts: 48,514 ✭✭✭
    This is interesting:



    << <i>All Proof or Mint State 70 coins will not be returnable >>



    Looks like this seller ran in to too many collectors who know that "70" is supposed to mean "perfect".

    Russ, NCNE

    eBay consignment sales | | Collectibles from Resco CCC
  • braddickbraddick Posts: 23,963 ✭✭✭✭✭


    << <i>Pat, that's a joke..... Dave >>



    Dave, the sad thing is, no it wasn't/isn't...

    peacockcoins

  • MartyFMartyF Posts: 188
    You know, I have been thinking hard about this slabbing phenomena, and I must say....it has it's positive sides....but this kind of dribble isn't one of them...from what I've read in these forums, PCGS, NGC and ANACS are the only grading services worth even considering when it comes to accurate grading, or slabbing for that matter....but this bit really pushes things over the edge....I think I'll stick to learning how to grade and keeping my raw coins that "look good to me" to myself......these slabbing companies really need to be put under some governed standards....it really is ridiculous...thanks for the post braddick, very interesting....especially for THIS newbie image
    eBay Auctions
    Computer Services
    What did the doe say when she came out of the woods?.....Last time I do THAT for a buck! image
  • orevilleoreville Posts: 11,953 ✭✭✭✭✭
    Here is another example of a lovely slabbed numismatic item: image

    Grade this one!
    A Collectors Universe poster since 1997!
  • MartyFMartyF Posts: 188
    HaHa....I would venture to say that that is undergraded....it should be a PSP 7.0......LOL
    eBay Auctions
    Computer Services
    What did the doe say when she came out of the woods?.....Last time I do THAT for a buck! image

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