FedEx damage doesn't carry nearly the premium that UPS damage does. And both of those are far more valuable than USPS damage, which is much more common simply based on population.
Braddick, get a cheap damaged coin and have them pedigree what caused the damage. If you have the insurance claim or something they would probably do it. How would you like a "stolen, found in arrested US mail carrier bag" pedigree? I think it would be neat.
I've got a 1989 MS65FS Jefferson in a SEGS holder that also says, "Nice for a 1989". I have no idea why that's there! Fun coin.
You know, all kidding aside, if SEGS just graded more accurately, they've got a ton going for them. Pleasant owners/Numismatists- GREAT holder and excellent service.
<< <i>Hmm...first time I actually noticed that SEGS uses the improper abbreviation for the grade. "XF" is wrong. It's "EF". >>
While I agree with your sentiment, the use of "XF" is by no means an exclusive SEGS oddity: PCGS and NGC use it, too. As do the Krause world coin catalogs.
As to the SEGS/FedEx damage pedigree, I am a bit baffled- but amused.
<< <i>While I agree with your sentiment, the use of "XF" is by no means an exclusive SEGS oddity: PCGS and NGC use it, too. As do the Krause world coin catalogs. >>
I guess it's about time for those who provide a service and write the books (and claim to be the experts) to start doing their own research into using proper terminology. I've noticed many misuses of terms, bad information, and outright wrong information in many "professional" areas of the hobby. No wonder the newbies are confused.
Can anyone post the pic - ebay is blocked at work.....Thanks.
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
In the early days of the mint, each planchet was weighed to see if it was within the legal range. This was necessary to give the public confidence in the metal content of the coins. Sometimes a planchet would be heavier than it should be, and in order to correct the weight before striking, a small amount would be filed off the planchet. There were times when the edge got beveled and the striking of the coin wasn't strong enough to cover up the file marks.
The person at the mint who was responsible for verifying proper weight of the planchets was the Federal Examiner - which is abbreviated to Fed Ex due to space limitations on the slab label. Those marks, therefore, are original and authentic.
....well, we all know that's not true, but it's a story I expect to see on ebay someday.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Wow...double pedigree - Norweb/FedEx....and no bids!
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
It's of no use to argue semantics, but just because a slabbing company uses the wrong abbreviation doesn't make it right. The ANA standard is "EF" and the book states so, and in fact, states that "XF" is wrong. The Red Book uses "EF". Even the book by PCGS states that it is "EF".
Now there is a unique slab and attribution. Should be worth a premium .... NOT!
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
Comments
ROTFLMAO!!!!!!!!!!!!!!!! (x10)
Cameron Kiefer
peacockcoins
Cameron Kiefer
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
THANK YOU.
K S
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
You know, all kidding aside, if SEGS just graded more accurately, they've got a ton going for them.
Pleasant owners/Numismatists- GREAT holder and excellent service.
If they could just tackle that grading thing...
peacockcoins
In honor of the memory of Cpl. Michael E. Thompson
<< <i>If they could also just handle not putting obviously AT coins in their holder too. Alas... >>
Yes.
peacockcoins
<< <i>Hmm...first time I actually noticed that SEGS uses the improper abbreviation for the grade. "XF" is wrong. It's "EF". >>
While I agree with your sentiment, the use of "XF" is by no means an exclusive SEGS oddity: PCGS and NGC use it, too. As do the Krause world coin catalogs.
As to the SEGS/FedEx damage pedigree, I am a bit baffled- but amused.
peacockcoins
I thought Dan's comments were great with the relative rarity of FED EX damage compared to USPS damage - - - LOL!
Thanks for the laugh
Mark
Mark's Mattes
Mark's Cameo SMS Set
Mark's Non-Cameo SMS Set
<< <i>While I agree with your sentiment, the use of "XF" is by no means an exclusive SEGS oddity: PCGS and NGC use it, too. As do the Krause world coin catalogs. >>
I guess it's about time for those who provide a service and write the books (and claim to be the experts) to start doing their own research into using proper terminology. I've noticed many misuses of terms, bad information, and outright wrong information in many "professional" areas of the hobby. No wonder the newbies are confused.
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
"When it absolutely, positively has to get there overnight...or when it absolutely, positively has to get into a slab."
Great find...thanks for posting!!!!
Mark
I specialize in Wisconsin currency! Looking for information on WI national banknotes. Census stands at 12,318 notes.
**"Wisconsin National Bank Notes - 2nd Edition" is out!!!" Only $20PPd!!!
In the early days of the mint, each planchet was weighed to see if it was within the legal range. This was necessary to give the public confidence in the metal content of the coins. Sometimes a planchet would be heavier than it should be, and in order to correct the weight before striking, a small amount would be filed off the planchet. There were times when the edge got beveled and the striking of the coin wasn't strong enough to cover up the file marks.
The person at the mint who was responsible for verifying proper weight of the planchets was the Federal Examiner - which is abbreviated to Fed Ex due to space limitations on the slab label. Those marks, therefore, are original and authentic.
....well, we all know that's not true, but it's a story I expect to see on ebay someday.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
I think it's split between XF and EF. PCGS uses XF. NGC & ANACS use EF.
I have lots of PCGS "XF" Large Cents.
In God We Trust.... all others pay in Gold and Silver!
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
Now there is a unique slab and attribution. Should be worth a premium .... NOT!
Obscurum per obscurius