Link It's a must for a commem or error collector. It''s a One-in-a-Million coin - I mean One-in-a-Million slab. Cert. verification shows it as an p3 Elgin.
Luckily, I have room on my watch list. BTW, that was an arguement? I thought it was just a question, and a whole bunch of backpeddling. But now we have AUCTIONTAMER-the no excuse watchlist.
I say that to the Ms. all the time! Did you ever have your spouse just tell you that you were in a big argument with he/she when you never thought you were! Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
I agree, mechanical errors are not super unusual. But, 99% of all mechanical errors involve the date and/or MM. Very few involve the denomination and fewer still the 'type'! This error is noteable and worthy of a bid. PCGS has a finalizer, right? where was he on this coin?
I am not sure the finalizer places the coin in the holder. Must be a new part of the job. This is the part that wondercoin pointed out that is not listed under the guarantee. The person who submitted this coin should have caught this, and the fact someone is trying to sell this for more money is crazy. I am sure you can get the person to make "errors" like this for a few bucks. This could be an error by demand item.
Guess we should have sold our MS68 Franklin (that was a MS65 re-holder), instead of sending it back to be fixed.) Nothing like soaking the market.
If the person selling this is a PCGS dealer, they should be removed from that capacity.
Collector and Researcher of Liberty Head Nickels. ANA LM-6053
My point was the "Finalizer" is the last to check the total product. He doesn't place the coin in the holder but is the one to look at the coin and the holder to check for any errors. It appears he was asleep at the wheel on this one. As far as the 'collectability' of these, as long as there is not a hugh premium attached to them, I do enjoy owning a few of these and would like to add this one to that small sub-set of coins I own.
One more consideration: As easily as this coin is misattributed as to its type, the error may also continue with the grade printed on the insert. MS63? It's tough to tell from the scan -and someone who knows Commemoratives speak up here- but it looks better than that.
I have seen way to many coins come out sideways or even reversed in the holder to believe someone actually checks the final product. Is there such a person?
Collector and Researcher of Liberty Head Nickels. ANA LM-6053
-It states so in PCGS's literature. You make a valid point though with the slanted coins! No way those coins simply rotated on their own that quickly. I have noticed though PCGS is getting better lately. Maybe the gaskets now used in the holder prevents this and the employer placing the coins into the holder is being more careful. Now, if we can only get him to start wearing gloves!
The "proper" way to check the coins is as if each coin was their own. Look for the lint, make sure the right attribution/description is on the holder, the coin is straight in the holder, etc. as if it meant something. I still have a major problem with the plastic used. It seems to be badly scratched up even before it is used for slabbing.
The seller writes of PCGS as if they were nearly infallible. I've seen all kinds of mistakes on PCGS certs. Some could be expensive if the unwary were to buy them relying on the printed info.
Shiroh, I agree. PCGS is all over the board on insert errors- but considering they pump out 20,000++ coins a month their error rate is extremely low. Again, most of these are date/MM clerical errors (no premium- in fact, in some cases are a negative). This one is interesting though because it is a type within a series insert error. Come on. Someone at PCGS should have easily caught this one before shipping it back to the submitter.
Maybe PCGS needs a "closer" after the "finalizer". But I guess if you do that, you may need a "post closer" or "post receipt checker" someone that accompanies your coin to your door, prior to you placing it into your PCGS box ... oh never mind ... the plastic is all that matters anyway!!!
Comments
Here's a warning parable for coin collectors...
That thread would probably make 100 posts, easily.
BTW, that was an arguement? I thought it was just a question, and a whole bunch of backpeddling.
But now we have AUCTIONTAMER-the no excuse watchlist.
I say that to the Ms. all the time! Did you ever have your spouse just tell you that you were in a big argument with he/she when you never thought you were!
peacockcoins
Guess we should have sold our MS68 Franklin (that was a MS65 re-holder), instead of sending it back to be fixed.) Nothing like soaking the market.
If the person selling this is a PCGS dealer, they should be removed from that capacity.
It appears he was asleep at the wheel on this one.
As far as the 'collectability' of these, as long as there is not a hugh premium attached to them, I do enjoy owning a few of these and would like to add this one to that small sub-set of coins I own.
peacockcoins
peacockcoins
Now, if we can only get him to start wearing gloves!
peacockcoins
I still have a major problem with the plastic used. It seems to be badly scratched up even before it is used for slabbing.
Obscurum per obscurius
This one is interesting though because it is a type within a series insert error. Come on. Someone at PCGS should have easily caught this one before shipping it back to the submitter.
peacockcoins
I love Ike dollars and all other dollar series !!!
I also love Major Circulation Strike Type Sets, clad Washingtons ('65 to '98) and key date coins !!!!!
If ignorance is bliss, shouldn't we have more happy people ??