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Would you buy a PCGS coin that when verified, "not available for display"?

davewesendavewesen Posts: 6,220 ✭✭✭✭✭
Every once in awhile I see a coin at auction I am interested in but when checking cert number get ->That Cert is not available for display.

I realize there could be many reasons for this, but is it an automatic pass? or how deep a discount would you bid?

The reasons I have heard include - counterfeit copies reported, reported stolen, error in PCGS entry, mechanical error, ....?

Comments

  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭
    Which generation of holder are you seeing most of these errors showing up with?
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    I would pass but let the lister know why I passed so they could possibly fix.
  • WalkerfanWalkerfan Posts: 9,352 ✭✭✭✭✭
    I would be extremely cautious and most likely pass.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • jcpingjcping Posts: 2,649 ✭✭✭
    I would pass it to save future trouble. image
    an SLQ and Ike dollars lover
  • derrybderryb Posts: 36,934 ✭✭✭✭✭
    If I wanted the coin I would call PCGS and have them double check the cert.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • oih82w8oih82w8 Posts: 12,244 ✭✭✭✭✭
    I would be intrigued to want to obtain more info.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
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  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I agree...pursue with PCGS and then discuss with selling authority.... Cheers, RickO
  • davewesendavewesen Posts: 6,220 ✭✭✭✭✭
    the coins in question were in a lot of 7 'widgets' with 4 of them in 3rd grade slabs
    I bid as much as I felt like 'eating' if the lot turned out to be 'stolen' or something ($50)

    I won the lot on the Saturday internet auction
    and emailed info@pcgs.com on Monday asking about the certs and attached pics showing slabs (from auction)
    I got no reply and repeated the email on Thursday
    The coin auction purchases arrived and I looked closely at the slabs - they looked fine and closely graded - slabs all scuffed up and dirty like they had been around
    included was a Omaha Bank Hoard dime and a lower graded SMS CAM

    The following Tuesday I called customer servvice and after about 10 minutes on hold, when I was just about ready to hang-up, I got a customer service rep

    I explained the situation and gave the cert numbers - and they knew what was on the slab, even though the 'cert not available for display'
    they asked if I could email pics and I said I already did twice last week and asked whats up with their email info address - they said they have been busy
    after finding the email they said they would needed to check some things out and get back to me in next couple days

    I received an email the next day, explaining a grader needed to see them and outlined procedures to submit as a 'mechanical error'
    Basically no cost to me and refund on my postage even
    off they went - I told them not to worry about the postage refund, as I valued them at $100 and sent first class for a couple bucks.

    A week later they showed up as graded and yesterday back into my hands
    The grades were the same and in new slabs

    I still do not know what the circumstances for the 'mechanical error' are - the coins around the cert number (from same submission) were all good
    and now I see the dime had sold on Heritage about 8 years ago for $12 (including buyers premium)

    so less than a month and got cert numbers fixed and new slabs
    I would have never risked this on high valued coins and calling customer service before auction on a weekend does not seem feasible

    Well done PCGS for fixing the cert ?mechanical error? on those 2 coins.
  • MonsterCoinzMonsterCoinz Posts: 1,518 ✭✭✭✭✭
    I emailed info@pcgs yesterday for the same issue. Sent in a Merc for Restoration and TrueView, it was deemed non restorable and sent back, billing me $74 (I can't figure out that breakdown). Anyway, I type in the cert number today to see if I got a TrueView and no data shows up.
    www.MonsterCoinz.com | My Toned Showcase

    Check out my iPhone app SlabReader!
  • commoncents05commoncents05 Posts: 10,087 ✭✭✭
    It wouldn't bother me in the least, and I have never checked the cert number before buying a coin except searching the auction archives for the same coin.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    That is also the message you get on a new submission before it is put on the database.

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