I have a PCGS error I need advice about.

sprintcar37

I sent PCGS a very nice 1878CC Morgan dollar to be graded and when I get it back it graded out as a MS64. All sounds great until I noticed that PCGS had labled it as a 1878-S coin. The coin is very clearly the same MS64 1878CC coin I sent in. According to the book prices this is about a $1500.00 mistake if you ask me, don't get me wrong I know I am not hurt and if I send it back I am sure they will correct it for free.

My questions are, is this worth more as a mistake? Is ther a market for somthing like this or should I send it in and be done with it? I am not looking at selling this piece at this time but I don't want to wait to long.

I look forward to reading your reply.

commoncents05

Not worth more as a mistake, I would get it fixed.

-Paul

Mercury10c

and ditto

Placid

What does the cert number verification at pcgs say it is?
If it shows cc then you might want to hang on to it as it can be verified by the cert it should indeed be a cc in that holder.

If it shows a s mint then I would get it fixed with fake slabs thing it might make a buyer pass in the future if/when you decide to sell.

rgCoinGuy

If you are looking to sell it, I would just get it fixed also, a bad cert card in the slab isnt worth 1500 dollars.

sprintcar37

The $1500.00 was in ref to the price diff between a S and a CC. I am not looking to punish nor am I looking to pay them to correct their mistake.

Thanks for the reply.

seatedcoins

astrorat

You have what is known as a mechanical error. Such errors are worth a minor premium on inexpensive coins (such as those under $25), but not on expensive coins. Contact PCGS and ask them about resubmitting it to correct the label.

Lane

SNMAN

<< <i>The $1500.00 was in ref to the price diff between a S and a CC. I am not looking to punish nor am I looking to pay them to correct their mistake.

Thanks for the reply. >>




The 1878CC PCGS MS-64 is at $600 unless it is a DPL

SNMAN

ricko

Not worth a premium... mechanical error... send it in, they will fix it... Cheers, RickO

BECOKA

Personally I would send it in to get it fixed. Since it is their mistake call to see if they will cover return shipping.

DrPete

Generally, PCGS will reholder the coin for "free" if you contact customer service. They don't want such mistakes out, but they do happen from time to time, and they will make it right.

I once had this happen about 10 years ago with my MS 63 1908-S and 1908-O halves when I got them back, the inserts were switched. I had them re-submitted and they came back exactly the same, still mixed up. I had to send them again to get it fixed. Although I was promised free submissions to make up for all my costs involved in shipping and insurance, such promised submissions never materialized. It cost me several hundred dollars for PCGS's blunders.

The aggravating feature is that the cost of postage and insurance both ways are generally at your expense, plus the coin is out of your hands for a period of time. The postage and insurance both ways could cost you nearly $100 now for such a coin, and you didn't make the mistake. You could try to ask them to make this up to you with a couple of free submissions, but as per above, even promises are not always kept.

Another option, depending on how close you are to a show that PCGS attends, is to have them fix it at a show, or at least turn it in to them at one, saving you postage and insurance one way.

Good luck.

sprintcar37

I will se what kind of deal they will give me, thank you for the reply.

BECOKA

<< <i>Generally, PCGS will reholder the coin for "free" if you contact customer service. They don't want such mistakes out, but they do happen from time to time, and they will make it right.

I once had this happen about 10 years ago with my MS 63 1908-S and 1908-O halves when I got them back, the inserts were switched. I had them re-submitted and they came back exactly the same, still mixed up. I had to send them again to get it fixed. Although I was promised free submissions to make up for all my costs involved in shipping and insurance, such promised submissions never materialized. It cost me several hundred dollars for PCGS's blunders.

The aggravating feature is that the cost of postage and insurance both ways are generally at your expense, plus the coin is out of your hands for a period of time. The postage and insurance both ways could cost you nearly $100 now for such a coin, and you didn't make the mistake. You could try to ask them to make this up to you with a couple of free submissions, but as per above, even promises are not always kept.

Another option, depending on how close you are to a show that PCGS attends, is to have them fix it at a show, or at least turn it in to them at one, saving you postage and insurance one way.

Good luck. >>



In the past when promised free submissions for something I had to be persistent and keep asking for them. They will eventually send them unless you give up. There are certain rewards for persistence.

RayNY2E

I Also have this on One of My Currency Pieces from PCGS. I Have'nt sent it back yet. I've had it for several years now and it was one of my own submissions. I Just thought it was a good conversation piece until i send it back. Ray in Florida..

WinPitcher

I thought that Pcgs would pay the return freight.


Welcome to the boards.


Steve

OPA

<< <i>The $1500.00 was in ref to the price diff between a S and a CC. I am not looking to punish nor am I looking to pay them to correct their mistake.

Thanks for the reply. >>



Not sure where you got your pricing from, 1878 cc PCGS ms 64 goes for about $550 & the S for around $100 ... I doubt if there is a premium for a mechanical error for your coin & if there is, it would be marginal.

FullStepJeffs

Not worth a premium. May even lose you money. Get r fixed.

And

Steve

DrPete

Although the coin is what it is, being in a holder with a label showing the wrong mint mark on the tag raises doubts about whether or not the grade is correct, at the time of selling such a piece. My experience has been that the numerical grade is as intended for the coin in most cases, so that it's just a matter of the wrong mint marked typed on the tag.