Beware of teletrade nickel auction

stephunter

Label error. This is a proof coin

Auction

Unknown

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stephunter

Would have been cool to see the fs designation on it also.

stephunter

Don't say I didn't warn you.

sinin1

sold for $180


without coin in hand, can you be 100% certain?

19Lyds

<< <i>sold for $180


without coin in hand, can you be 100% certain? >>





I would be 100% certain since I;ve yet to see a high grade Jefferson with the above finish.

I've seen plenty of proofs though.


Hopefully, the buyer won't get to POed at NGC.

wondercoin

Which brings up the question...

If the buyer figures this out 6 months from now, should NGC repay him the $200 he paid for the coin under the guarantee?

Same answer if he had won the coin for $2,000? $20,000?

Wondercoin

abitofthisabitofthat

<< <i>Which brings up the question...

If the buyer figures this out 6 months from now, should NGC repay him the $200 he paid for the coin under the guarantee?

Same answer if he had won the coin for $2,000? $20,000?

Wondercoin >>



No - NGC would view this as a "mechanical error" in the labelling of the coin, and there is no recourse to them under their guarantee policy.

Barndog

<< <i>

<< <i>Which brings up the question...

If the buyer figures this out 6 months from now, should NGC repay him the $200 he paid for the coin under the guarantee?

Same answer if he had won the coin for $2,000? $20,000?

Wondercoin >>



No - NGC would view this as a "mechanical error" in the labelling of the coin, and there is no recourse to them under their guarantee policy. >>



I'm thinking that PCGS and NGC are on to something with this "mechanical error" business as a way to reduce financial liability. Maybe health insurance companies should take note?

BXBOY143

johnny9434

dont give the insurance companies any more idea's barndog lol

Bochiman

<< <i>Which brings up the question...

If the buyer figures this out 6 months from now, should NGC repay him the $200 he paid for the coin under the guarantee?

Same answer if he had won the coin for $2,000? $20,000?

Wondercoin >>




Which brings up the question....

At what point should the professionals (TPG services) be more careful and not make foolish mechanical errors like this?
They are supposed to make "sight unseen" doable, but with "mechanical errors", that kind of flies out the door, doesn't it?

What is an acceptable rate of errors? How many are sent out, but then noticed by the submitter, and get corrected that folks don't know about?

robkool

OUCH !!! For a proof nickel ???