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Questions on Struck Through Cloth Silver Dime PCGS Mint Error

ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

I just got this coin back from grading. Very Nice Coin and I am happy with the grade.

The coin Is mounted in the holder crooked. It is not in one of the groves and thus the coin is crooked. The coin is above one tab on the obverse and one tab on the reverse.

My main question is why PCGS did NOT put "Silver" on the label as it is a No Date coin, but clearly a silver coin. I wrote SILVER on the submission form. My question is should this coin be re-holdered because it was mounted crooked, AND will PCGS put the word "Silver" on the label? I do already have a no date struck thru cloth PCGS Mint Error quarter that says "clad" on the label.

Comments

  • davewesendavewesen Posts: 6,273 ✭✭✭✭✭
    edited March 29, 2018 9:14AM

    Maybe they figured the D on the reverse would clue in most people that it was silver. What a find that would be if clad :)

  • JBKJBK Posts: 15,752 ✭✭✭✭✭

    Nice coin. Sloppy holdering, and too bad they didn't mentions "silver", as I assume they would do if it were a blank planchet, for example. I guess I would make a friendly call to make my case and see what they offer to do.

  • MorganMan94MorganMan94 Posts: 1,330 ✭✭✭✭✭

    It says 90% on it so I would say that's close enough. ;)
    If it being crooked and not saying "silver" is a big deal to you then you should send it back, if you are just going to sell it I would list it as-is and let the buyer decide if it is necessary and worth the hassle.

  • AUandAGAUandAG Posts: 24,794 ✭✭✭✭✭

    How do they know it's from the 60's? Could it not be from the 50's or 40's?

    I would prefer silver on the label. Don't care about prongs as long as it is secure.

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    I always wonder why folks post questions that can be... Never mind. Nice coin!

    PS Does anyone know the phone number to PCGS Customer Service? I sure could use some help here. :)

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    Of course, I know I can call customer service.

    But to get answers from the "man" himself is always super cool.

    Thank you, Fred.

  • EXOJUNKIEEXOJUNKIE Posts: 1,618 ✭✭✭✭✭

    Great answer from Fred as always.

    I'd send it back too as long as they don't regrade it haha. I think you caught them on a good day as I question whether that reverse is really mint state, but JMHO.

    I'm addicted to exonumia ... it is numismatic crack!

    ANA LM

    USAF Retired — 34 years of active military service! 🇺🇸
  • ashelandasheland Posts: 23,285 ✭✭✭✭✭
    edited March 29, 2018 10:46AM

    Cool error! I would want it in the prong, too. That would bug me as well.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Neither the position nor the lack of 'silver' would bother me... but I suffer from a severe lack of OCD.... ;) That being said, it is your coin and you need to be happy with it.... Cheers, RickO

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    I am hyper OCD

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @EXOJUNKIE said: "I'd send it back too as long as they don't regrade it haha. I think you caught them on a good day as I question whether that reverse is really mint state, but JMHO.""

    Q. David Bowers has written in his grading guide: "..., the interpretation of Uncirculated or Mint State is more liberal than it was 30 or 40 years ago."

    and..."Today, such coins that used to be graded as About Uncirculated (AU) are now often graded as MS-60, MS-61, and MS-62."

    IMHO, the coin is correctly graded by the commercial standards of today. As you know, grading is subjective. Therefore, we don't need to agree with the grade, we only need to understand it. :wink:

  • 1630Boston1630Boston Posts: 13,815 ✭✭✭✭✭

    @MorganMan94 said:
    It says 90% on it so I would say that's close enough. ;)

    Maybe the 90% refers to the amount of obverse area that was 'struck through" :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • CaptHenwayCaptHenway Posts: 32,286 ✭✭✭✭✭
    edited March 30, 2018 9:08AM

    It is absurd that this coin is in ANY slab. The error is obviously genuine to any error collector. The grade is irrelevant. Own it and enjoy it without needing some third party to chime in about it.
    Some coins do need slabbing to make them sellable, but this one should not.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited March 30, 2018 9:29AM

    @CaptHenway said:
    It is absurd that this coin is in ANY slab. The error is obviously genuine to any error collector. The grade is irrelevant. Own it and enjoy it without needing some third party to chime in about it.
    Some coins do need slabbing to make them sellable, but this one should not.

    While I agree the coin is what it is, I personally know high-end collectors who insist on their error coins being slabbed.

    Also, I track error prices closely and plastic can definitely bump the price but not always.

    For this particular coin, having graded mint state and the word "silver" on the label will more than pay for itself in grading fees. These coins are sold on the internet from a photo. Also, a new error collector may come across this coin and have the confidence to bid up for it.

    I do know what you mean. I have hundreds of raw major error coins. Never had any graded until now. I went to Long Beach to get my first ever error coin submission with PCGS and NGC. I wanted a certain OC Ike on a twain dollar certified so I took my very best 5 raw major error coin to PCGS. I took my next 22 best raw major error coins to NGC. I do believe the fees will more than pay for themselves.

  • MorganMan94MorganMan94 Posts: 1,330 ✭✭✭✭✭

    @1630Boston said:

    @MorganMan94 said:
    It says 90% on it so I would say that's close enough. ;)

    Maybe the 90% refers to the amount of obverse area that was 'struck through" :smile:

    I know it does, I used the wink face joking as it is quite a coincidence in my opinion. ;)

  • jwittenjwitten Posts: 5,206 ✭✭✭✭✭

    I would imagine the 90% is meaning silver. Obviously only 50% of the coin has been struck through a cloth. The coin not being in the prongs would bug me too, and I have had a few arrive like that as well.

  • FredWeinbergFredWeinberg Posts: 5,858 ✭✭✭✭✭

    The '90%' refers to the surface,
    not the silver content.

    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.
  • 1630Boston1630Boston Posts: 13,815 ✭✭✭✭✭

    @morganman
    It's hard for me to tell the difference between the smiley and the wink. :smile:
    Imagine me trying to discern errors on coins, :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

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