How did someone justify monetarily this submission?

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TigersFan2
TigersFan2 Posts: 1,442 ✭✭
in U.S. Coin Forum
It seems like a lot of money spent on grading fees and postage to have such a simple, basic coin graded.

2000 Cent
I love the 3 P's: PB&J, PBR and PCGS.

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  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,219 ✭✭✭✭✭
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    Fifty bucks plus for error coins. It won't get any worse. And it can't get any better.
    PCGS # E3160
    Date, mintmark 2000
    Denomination 1C
    Mint Error D/S-2nd Strike 65% O/C
  • BStrauss3
    BStrauss3 Posts: 3,906 ✭✭✭✭✭
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    Could be a dealer doing a shared order for his/her customers and got tired of waiting for one more, so it's a throw in to make the count...
    -----Burton
    ANA 50+ year/Life Member (now "Emeritus")
    Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
  • TigersFan2
    TigersFan2 Posts: 1,442 ✭✭
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    Nevermind. I clicked on the cert # and see that it's an error coin and not just an ordinary 2000 cent.
    I love the 3 P's: PB&J, PBR and PCGS.
  • sparky64
    sparky64 Posts: 7,065 ✭✭✭✭✭
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    "How did someone justify monetarily this submission?"



    For many people, monetary justification isn't a consideration.

    And that's ok with me.



    Wish they took a pic.

    Sounds like it would be interesting.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • BAJJERFAN
    BAJJERFAN Posts: 31,662 ✭✭✭✭✭
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    Wasn't my money so I don't care if they're submitting the knockout tabs from electrical boxes.
    theknowitalltroll;
  • LanceNewmanOCC
    LanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
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    .

    is probably something like this.



    thought it was same coin but cert is diff.

    .

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • oih82w8
    oih82w8 Posts: 13,212 ✭✭✭✭✭
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    They could of at least opted for the True View for what...5 dollars more? (Secure Plus)
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

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  • ajaan
    ajaan Posts: 18,005 ✭✭✭✭✭
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    I'm wondering why it took 8 weeks to have the coin graded. Do error coins take that much longer?

    DPOTD-3
    'Emancipate yourselves from mental slavery'

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    Don
  • Bochiman
    Bochiman Posts: 25,790 ✭✭✭✭✭
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    Originally posted by: BAJJERFAN

    Wasn't my money so I don't care if they're submitting the knockout tabs from electrical boxes.




    100% agree



    Originally posted by: Ajaan

    I'm wondering why it took 8 weeks to have the coin graded. Do error coins take that much longer?




    Yes, they can. I believe that many/most/all are sent out to the specialists. FredW would be definitive answer on how it is done (absent DonW or someone from PCGS chiming in).

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • FredWeinberg
    FredWeinberg Posts: 6,040 ✭✭✭✭✭
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    PCGS delivers error coins to me every two weeks or so.



    Yes, errors can take longer than normal coin submissions,

    but it normally does not take 8 weeks/2 months, unless

    it's something very unusual or questionable.



    I'd guess that 4-6 weeks is 'normal'.
    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
  • MedalCollector
    MedalCollector Posts: 2,103 ✭✭✭✭✭
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    I believe that many/most/all are sent out to the specialists.


    Well that is a good question. Do they send all errors out to specialists?

    I would hope not, but you never know. Probably 90% of errors are very easy to identify and it would not take much to educate a couple employees, or recruit a grader that is already familiar with errors.

    But maybe that wouldn't be as easy as it seems, as there are currently many mislabeled error coins from all of the TPGs.

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