The weirdest 1920 buffalo I have ever seen...
buffnut
Posts: 933
is not really a 1920 buffalo? Looks like NTC made a boo boo on this one. My eyes aren't the best, but I see 1926.
Honey, hand me my glasses...
Honey, hand me my glasses...
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i have found hundreds of morgans,early comemms,50-70 cameo proofs,buffs, the enitre gammit nearly
where they actually got it right or better and have cracked and obtained same grades on dollars,walkers,commems at pcgs or ngc where the ntc coin was bought at an assumed 2 or 3 grades+ back of actual grade money and ngc or pcgs has graded same or btr in most instances where the gain is in the multitudes. of course this requires buying the coin, knowing how to grade and treating the coin as raw not a "run from it" 10th world slab someone dreamed up one day...
<< <i>I would say it does matter. If someone bought this coin thinking it was a 1920 buffalo in MS65, then they would be expecting to bid on a coin that generally runs in the $600 range. A 1926 buffalo in MS65 runs about $140. I know I would be ticked off if I won the auction at $300 thinking I got a decent deal, only to find that I paid double what I should have for a mislabeled coin. >>
I was wondering which was worth more.
any questions?
I'll certainly never buy from that seller. Not if they dont notice something like that.
<< <i>I can understand NTC making a typo, but doesn't the seller notice the problem? >>
Let me tell you about something that happened about three years ago at a Long Beach show. A copper specialist brought a slabbed large cent to one of the copper dealers and said "Look what I just got". He gave him an old photoslab PCI holder labeled 1796 cap F-15. The dealer looked at the coin. It had smooth surfaces, nice color, no porosity or damage, F-15 details, a beaded border and a 1793 date. The collector had bought it by mail as a 1796 and paid 1796 money for it. He had come to Long beach to talk to the dealer he had bought it from to try and learn some of the history of the coin. It seems the coin had been through at least three dealers hands before the collector bought it and every one of them had bought and sold it as a 1796 Even though the enlarged picture on the holder clearly showed the 1793 date. All anyone had ever looked at was the label.
Of course this is why you should always buy PCGS they never make typographical mistakes.