PCGS incorrectly label a coin with the wrong date?
Crazy4Coins
Posts: 1,922 ✭✭✭
I noticed a coin for sale in a upcoming auction that has the wrong date on the holder.This is a fairly common coin in the grade of 63. The coin in the holder is worth about $20.00 for the grade. The coin identified on the holder is worth about $150.00, which is where it's bid up to. Now, either the bidders overlooked the date also or they feel the error slab is worth more than the coin. I would assume the auction company would have caught this also.
Is there any value to these PCGS error slabs?
Randy
Is there any value to these PCGS error slabs?
Randy
0
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Crazy4coins...can you provide the auction number or link?
If I only had a dollar for every VAM I have...err...nevermind...I do!!
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Herb
I bought a PCGS-64 1915-s Buffalo Nickel once from a dealer's website, and the dealer told me the coin was super nice for the grade. When I recieved the coin, it was a 1913-s Ty I in a 1915-s labeled slab. Two things, I sent it back, and secondly that told me the dealer never really looked at the coin, but merely said it was nice as a marketing tool.
Had it been a 1913-s Ty II, I probably would have kept it.
jim
No. PCGS calls this mechanical error, and if I am not mistaken, they do not guarantee it in the same way they guarantee the grade. There was a thread on this a year or two ago.
Another reason to buy the coin, not the holder.
<< <i>Is there any value to these PCGS error slabs? >>
Well this one got bid to over $34,000 on ebay.