Silver Kennedy Error On TV - UPDATED
Kudbegud
Posts: 4,735 ✭✭✭✭✭
The huckster was in danger of a heart attack last night. Apoplectic for almost an hour as he talked about how he stood up to the Secret Service. How they wanted them back and he said NO. How the President got a briefing about this coin and personally OK'd the right of the American Public to own this error. How the Secret Service had seized previous error coins but he has all the authentication paper work and the documentation from the government that allowed him and his 4 investors to sell these. It was crazy town for a while. I did some screen captures off their streaming feed to show here. Not the best but 5 came out view-able.
They had 500 of them, he said. Sets of the 4 silver sets coins, all 70's, with the error coin for a set of 5.
They did get them labeled by NGC as coming from the silver sets. But 500 sets getting by QC? All to one person? And he came to this TV sales guy and formed a partnership. A Ripply's moment? Maybe I'm just a skeptical old man. Form your own opinion. These could be on again for another frenzied hour.
As close as I could get the front and back by reversing and replaying their feed a few times, hitting print screen, then cropping the capture.
The NGC label that follows the rest of the 4 coin set lables
"You can see the top of Kennedy's head and part of his ear"
"Parts of the eagle"
They had 500 of them, he said. Sets of the 4 silver sets coins, all 70's, with the error coin for a set of 5.
They did get them labeled by NGC as coming from the silver sets. But 500 sets getting by QC? All to one person? And he came to this TV sales guy and formed a partnership. A Ripply's moment? Maybe I'm just a skeptical old man. Form your own opinion. These could be on again for another frenzied hour.
As close as I could get the front and back by reversing and replaying their feed a few times, hitting print screen, then cropping the capture.
The NGC label that follows the rest of the 4 coin set lables
"You can see the top of Kennedy's head and part of his ear"
"Parts of the eagle"
0
Comments
<< <i>I would only believe it if NGC swore they all came from sealed boxes of silver sets. >>
The huckster swears to it and he wouldn't lie would he? NGC labeled it with their Kennedy label. I am with you though. Maybe an NGC number search would revile more info.
ANA LM
USAF Retired — 34 years of active military service! 🇺🇸
Caught the pitch from the beginning by accident while channel surfing. Hit record so I could review it again.
Basics:
Mint catches all Kennedy errors over the years, cancels them and contracts for someone to destroy them and not sell any. But this time he got authorization to sell this particular one. It was not said, carefully, that this was from the silver set. I will watch it again to get exactly how this is attributed.
More to come
2) he is an idiot
BHNC #203
George Carlin said a long time ago that if you could nail together two boards like no one had ever nailed them together that some shmuck would offer you $10 for them, and he was right. so long as there is a segment of the Hobby with enough interest in this sort of thing it will be provided for purchase by someone somewhere sometime at a silly price. I suppose that at sometime in the past even our members here sold/bought these waffled coins, maybe even Fred out in Cal-I-for-ni-a. just another example of greed working well in the economic system we call Capitalism, greed from both sides of the transaction.
Mint Cancelled 'Waffled' coins.
I don't think much of them, as they are
obviously damaged coins or planchets.
The ONLY reason they are 'collectable', imo, is that
they are waffled on the floor of the U.S. Mint
(Philadelphia & Denver only, as far as I know).
Some collectors consider that if it's done AT the
Mint, even after it was struck, it's a mint collector item.
If they were waffled at the plants that make the
planchet strips, after being returned by the Mint,
they would not considered much of a collectable.
They're interesting conversation pieces, worth
a few dollars to interested collectors.
I had one marketing company insist I procure some
for a marketing promotion they wanted to do. I tried
to talk them out of it, but they insisted they wanted to
sell them.
I've also handled the only known group of Waffled
Martha Washington Quarters and Halves that came out
about three years ago.
By the way, on the vast majority of these Waffle Cancellation
coins - I've found that 99% of them either do NOT have any
discernible error on the coin or planchet, or it's been in the
waffle design area, lost to the ages.
There are a few known Presidential dollars, and a few quarters,
found with brockages or double strikes - although you have to
be careful about saying that a Waffle coin has a 'brockage' on it,
from when it was minted.
In most cases, they are just the result of another coin being partially
on that coin when it when THRU the Waffling Machinery, and getting
smashed together, leaving a 'brockage look' on a waffled piece.
Its a shame that those who truly KNOW about what they are selling and yet choose to fabricate LIES about it so that the uneducated will make a purchase. Its an embarrassment to the hobby and ultimately will be an embarrassment to whomever makes a purchase under those conditions.
Why do they have to lie?
Scum.
The name is LEE!
<< <i>everyone wants to blame the sellers/marketers for stuff like this but the blame really lies at the feet of the collecting public.
George Carlin said a long time ago that if you could nail together two boards like no one had ever nailed them together that some shmuck would offer you $10 for them, and he was right. so long as there is a segment of the Hobby with enough interest in this sort of thing it will be provided for purchase by someone somewhere sometime at a silly price. I suppose that at sometime in the past even our members here sold/bought these waffled coins, maybe even Fred out in Cal-I-for-ni-a. just another example of greed working well in the economic system we call Capitalism, greed from both sides of the transaction. >>
Keets, when the seller states that the "President got a briefing about this coin......." he's lying.
Now, whose to blame?
The seller because the "seller" is taking advantage of the over all ignorance of the general public which has been "tenderized" to the riches which have been made public within the Coin Collecting hobby. I'm thinking reports of million dollar sales and multimillion dollar sales of single coins.
The public sucks this stuff up due to their own ignorance. All they see are dollar signs and "good fortune". 9 out of 10 of the ignorant will think that if a coin was made in 1889, then it must be worth a fortune.
The "seller" is taking advantage of this ignorance and s/he's the one to blame for this fabrication of a story.
I'd really like to know who this seller was.
The name is LEE!
The name is LEE!
Now, whose to blame?.....................The public sucks this stuff up due to their own ignorance.
Lee, you have answered your own question and affirmed my opinion no matter what the hype might be. have a nice day.
<< <i>Keets, when the seller states that the "President got a briefing about this coin......." he's lying.
Now, whose to blame?.....................The public sucks this stuff up due to their own ignorance.
Lee, you have answered your own question and affirmed my opinion no matter what the hype might be. have a nice day. >>
Ahhh. So, because someone does not know any better, they deserve to be taken?
I suppose some would entertain that position but, not me.
The name is LEE!
yes, if people are too stupid to investigate they probably deserve to be taken, and if a seller fraudulently advertises he deserves to be held accountable.