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Partrick/Norweb 1792 Quarter (J-13) in White metal crossed from NGC to PCGS

EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
edited April 9, 2018 3:21PM in U.S. Coin Forum

Heritage auction

TrueView:

Downgraded from XF45 NGC to SP40 PCGS

I don't think the NGC holder was good for such a soft metal coin!

Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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Comments

  • woogloutwooglout Posts: 200 ✭✭✭

    Oh my goodness. Was this not realized until PCGS cracked it out to reholder AFTER grading??

  • WashingtonianaWashingtoniana Posts: 278 ✭✭✭

    you gotta be kidding me! that's awful!

  • DCWDCW Posts: 7,558 ✭✭✭✭✭

    I would think a third party grading service would be on the hook for damaging a piece like that with their stupid prongs.
    They make a better holder for soft metal pieces like pewter and tin.

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited April 8, 2018 12:45PM

    The rim damage is really obvious, and horrible modern-holder damage. There's also a big scratch at 9 o'clock on the reverse. I wonder if the downgrade was a net grade due to the rim damage?

    Given how soft the medal is, I'm also wondering if the rim can be adequately repaired.

    Here's the cert info:

    https://www.pcgs.com/cert/35252313

    @DCW said:
    I would think a third party grading service would be on the hook for damaging a piece like that with their stupid prongs.
    They make a better holder for soft metal pieces like pewter and tin.

    Would ATS pay for the damage under their grade guarantee?

    ATS and PCGS do offer "full-support" holders like the following mentioned by Broadstruck here. I wonder what kind of holder it's in now. I hope it's not in another regular prong holder.

    https://forums.collectors.com/discussion/972728/what-does-composition-or-lava-mean-for-these-high-relief-medals#latest

  • CaptHenwayCaptHenway Posts: 32,601 ✭✭✭✭✭

    Why the hello was a piece like this put in ANY holder?

    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.
  • messydeskmessydesk Posts: 20,203 ✭✭✭✭✭

    @Zoins said:
    ... I wonder what kind of holder it's in now. I'm hope it's not in another regular prong holder.

    The PCGS gaskets are much softer than the NGC ones. Looking at the all the pictures provided above, I can't decide whether it was damaged only by going into the NGC holder, or also being removed from it.

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited April 8, 2018 12:55PM

    @messydesk said:

    @Zoins said:
    ... I wonder what kind of holder it's in now. I'm hope it's not in another regular prong holder.

    The PCGS gaskets are much softer than the NGC ones. Looking at the all the pictures provided above, I can't decide whether it was damaged only by going into the NGC holder, or also being removed from it.

    Is it in a PCGS prong holder now?

  • MedalCollectorMedalCollector Posts: 2,006 ✭✭✭✭✭

    50% lead. Ouch!

  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭

    Ngc switched to a full silicone gasket about 5 years ago for white metal tokens after I walked a 1 of 2 known token over to their booth to show their Exonumia manager with squared rims at the prongs. Any type of prong is bad for white metal as it needs full peripheral support pressure wise and I've since sent anything white metal I needed slabbed to ICG. This recession is the worst I've ever seen and tomorrow I'm going to the bank to bring home my whole collection as I think I might still have a couple white metal tokens which might still be in pronged holders?

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭

    Sold for $376,000.00 in the ATS holder.

    Wonder what it's worth now.

  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    edited April 8, 2018 3:52PM

    @Zoins said:
    The rim damage is really obvious, and horrible modern-holder damage. There's also a big scratch at 9 o'clock on the reverse. I wonder if the downgrade was a net grade due to the rim damage?

    Given how soft the medal is, I'm also wondering if the rim can be adequately repaired.

    Here's the cert info:

    https://www.pcgs.com/cert/35252313

    @DCW said:
    I would think a third party grading service would be on the hook for damaging a piece like that with their stupid prongs.
    They make a better holder for soft metal pieces like pewter and tin.

    Would ATS pay for the damage under their grade guarantee?

    ATS and PCGS do offer "full-support" holders like the following mentioned by Broadstruck here. I wonder what kind of holder it's in now. I hope it's not in another regular prong holder.

    https://forums.collectors.com/discussion/972728/what-does-composition-or-lava-mean-for-these-high-relief-medals#latest

    NGC offered to buy the token off me for what I paid if I supplied an invoice. Even with the rims slightly squared the token was still worth considerably more than what I paid as I ripped it in a late night auction. In a situation like this once it's no longer in their holder they are off the hook. With the prongs tight against the rim removal might even cause further damage?

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • MsMorrisineMsMorrisine Posts: 34,787 ✭✭✭✭✭

    Crying buddy

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • halfhunterhalfhunter Posts: 2,770 ✭✭✭

    @Zoins said:
    Sold for $376,000.00 in the ATS holder.

    Wonder what it's worth now.

    With the rim damage . . . $2.50!

    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • 1Bustcollector1Bustcollector Posts: 577 ✭✭✭

    There are no words

    Seeing that picture, hurts......a lot. Sad.

    Persuing choice countermarked coinage on 2 reales.

    Enjoyed numismatic conversations with Eric P. Newman, Dave Akers, Jules Reiver, David Davis, Russ Logan, John McCloskey, Kirk Gorman, W. David Perkins...
  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    This is sad. It looked like a nice piece.

  • MrEurekaMrEureka Posts: 24,390 ✭✭✭✭✭
    edited April 9, 2018 12:18AM

    Raw pics above, slabbed below. Not sure about the photo in the middle.

    I'm not convinced that the coin was damaged by the slab.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • MrEurekaMrEureka Posts: 24,390 ✭✭✭✭✭

    @CaptHenway said:
    Why the hello was a piece like this put in ANY holder?

    With four known and only this one in private hands, I'd cut it some slack.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ConnecticoinConnecticoin Posts: 13,074 ✭✭✭✭✭

    I am convinced! Sure as hell looks like the dents are where the prongs were. I have hated the LOOK of those prongs since they came out, now there is another reason they are bad!

  • messydeskmessydesk Posts: 20,203 ✭✭✭✭✭

    I feel for people at both grading services that must have felt absolutely sick upon seeing what happened to this coin.

    The question is now one of what should be done next. If it were possible for the shape to be restored such that it was undetectable, should it be done? Would that open up a slippery slope with regard to TPGs and how they see coin dctring or repairing, or is this such a special case that it wouldn't?

  • shishshish Posts: 1,173 ✭✭✭✭✭

    This.

    "I am convinced! Sure as hell looks like the dents are where the prongs were. I have hated the LOOK of those prongs since they came out, now there is another reason they are bad!"

    Liberty Seated and Trade Dollar Specialist
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Wow... such a shame... I believe any attempt at restoration would be a mistake... It is what it is...Too valuable a piece of history to attempt any 'fix'.... Cheers, RickO

  • messydeskmessydesk Posts: 20,203 ✭✭✭✭✭

    @ricko said:
    Wow... such a shame... I believe any attempt at restoration would be a mistake... It is what it is...Too valuable a piece of history to attempt any 'fix'.... Cheers, RickO

    I can't help but think of this, even if Mr. Bean doesn't work at a TPG:

  • oih82w8oih82w8 Posts: 12,494 ✭✭✭✭✭

    That is painful to look at, but given it's rarity...and now it's "uniqueness"...I still could not afford it.

    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,...
  • CaptHenwayCaptHenway Posts: 32,601 ✭✭✭✭✭

    I remember back when slabs first came out seeing California gold pieces that were bent from being shoved into slab rings.

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

    FACT: Unfortunately, the soft metal of the coin became damaged by the prongs.

    FACT: The TPGS that caused the damage offered to make restitution!

    FACT: The owner decided to keep the coin as he got it for a really good price.

    FACT: In this condition, it is probably worth closer to the really good price the owner paid.

    What else is there to add? B)

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited April 9, 2018 9:47AM

    @Insider2 said:
    FACT: Unfortunately, the soft metal of the coin became damaged by the prongs.

    FACT: The TPGS that caused the damage offered to make restitution!

    FACT: The owner decided to keep the coin as he got it for a really good price.

    FACT: In this condition, it is probably worth closer to the really good price the owner paid.

    What else is there to add? B)

    Items 2-4 sound like you’re talking about Broadstruck’s token he mentioned above, not the J-13 pattern in the OP.

  • SullivanNumismaticsSullivanNumismatics Posts: 846 ✭✭✭✭

    Wow, that's terrible. Hopefully NGC takes serious steps to house soft metal coins in safe holders. It's not just the money lost to the owner, but also the permanent damage to a significant piece of American history.

    www.sullivannumismatics.com Dealer in Mint Error Coins.
  • MrEurekaMrEureka Posts: 24,390 ✭✭✭✭✭

    @MANOFCOINS said:

    What would it take to convince you, really you are not convinced? you are a defense lawyers dream. LOL

    I don't know enough about Photoshop and other image editing software to know if the apparent damage in the OP pics is actually damage or just the result of a sloppy job at editing out the NGC prongs.

    Anyway, I would like to see PCGS images, since that's the only easy way to get a good look at the coin.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited April 9, 2018 9:47AM

    @MrEureka said:

    @MANOFCOINS said:

    What would it take to convince you, really you are not convinced? you are a defense lawyers dream. LOL

    I don't know enough about Photoshop and other image editing software to know if the apparent damage in the OP pics is actually damage or just the result of a sloppy job at editing out the NGC prongs.

    Anyway, I would like to see PCGS images, since that's the only easy way to get a good look at the coin.

    @EagleEye mentioned the image is a PCGS TrueView in the first post.

    The confusion may be that it's actually a PCGS "CoinFacts" image, which is often a TrueView without the background.

    Here's the PCGS image with the TrueView background to make it official. Effects of prongs still present.

    https://www.pcgs.com/cert/35252313

  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭

    This is an ad writer's dream. Fire away! >:)>:)

    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited April 9, 2018 10:00AM

    I posted:

    FACT: Unfortunately, the soft metal of the coin became damaged by the prongs.

    FACT: The TPGS that caused the damage offered to make restitution!

    FACT: The owner decided to keep the coin as he got it for a really good price.

    FACT: In this condition, it is probably worth closer to the really good price the owner paid.

    What else is there to add? B)

    After @Zoins posted this: "Items 2-4 sound like you’re talking about Broadstruck’s token he mentioned above, not the J-13 pattern in the OP."

    I do have something to add. Looks like I misquoted some one because I couldn't read English and...

    DON'T BELIEVE ALL THE FACTS you read around here! :/:'(

    Hope the owner contacts NGC and lets us know how this is resolved.

  • MrEurekaMrEureka Posts: 24,390 ✭✭✭✭✭

    OK, now I'm convinced. This really sucks.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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  • 1Bustcollector1Bustcollector Posts: 577 ✭✭✭

    Handling and encapsulating requirements for soft material should warrant special/different accommodating procedures and materials used.......or followed.

    Persuing choice countermarked coinage on 2 reales.

    Enjoyed numismatic conversations with Eric P. Newman, Dave Akers, Jules Reiver, David Davis, Russ Logan, John McCloskey, Kirk Gorman, W. David Perkins...
  • jwittenjwitten Posts: 5,222 ✭✭✭✭✭

    Solution? Send it back to NGC, get it put back in their holder, and the damage disappears... haha

  • scubafuelscubafuel Posts: 1,924 ✭✭✭✭✭

    What a nightmare. A treasure damaged by the people entrusted to protect it.
    NGC could offer to buy it, but that would not undo the damage caused.

    We talk about "attrition" in coins like it's a thing of the past. And it has slowed down. But time marches on and wins eventually. Every beautiful gem represents an unbroken string of owners never making any mistakes.

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  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited April 9, 2018 12:02PM

    @FadeToBlack said:
    This is terrible. NGC should be raked over the coals for this.

    Pure nonsense. You deserve a big, fat disagree. Accidents happen. Perhaps EVERY major TPGS deserves to be raked over the coals for slabbing counterfeits too. However, until you PROVE that you can do a better job, keep your rake in the shed. Otherwise...

    PS That goes for your buddies who agree with your post. Let's wait and see the outcome. Perhaps then I'll get my rake out with you. :)

  • edited April 9, 2018 12:06PM
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  • TwoKopeikiTwoKopeiki Posts: 9,810 ✭✭✭✭✭
    edited April 9, 2018 12:29PM

    This could be the image of the coin still in an NGC slab. I've had a few examples where my cross-overs were photographed with NGC prongs still showing in the PCGS True View.

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

    @FadeToBlack said:

    @Insider2 said:

    @FadeToBlack said:
    This is terrible. NGC should be raked over the coals for this.

    Pure nonsense. You deserve a big, fat disagree. Accidents happen. Perhaps EVERY major TPGS deserves to be raked over the coals for slabbing counterfeits too. However, until you PROVE that you can do a better job, keep your rake in the shed. Otherwise...

    PS That goes for your buddies who agree with your post. Let's wait and see the outcome. Perhaps then I'll get my rake out with you. :)

    Outcome? What outcome? We see the outcome already. 6 nasty dents in the rim of the coin, and the coin in what is likely a much safer (softer gasket, contact area vastly wider, thus diffusing any pressure) holder. You can't magically reverse that without compromising the coin further.

    Dah...You think. As I wrote: The coin has been damaged by the grading service. I don't think it can be fixed as if done the coin would now be "altered and repaired." As for "outcome," IMO, the TPGS needs to make the owner "whole" for the ACCIDENTAL damage the holder caused to the coin. Is that a little easier to understand?

    PS AFAIK ONLY 4 DENTS WERE CAUSED BY THE INSERT PRONGS! But who is counting? The damage is done. :

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  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited April 9, 2018 12:58PM

    @FadeToBlack said:

    @Insider2 said:
    Disclaimer: I graded, authenticated, conserved coins at NGC for over a decade.

    I consider this is an unfortunate LEARNING EXPERIENCE. Who knew something like this could happen?

    I assure all of you that the TPGS's are not in the business to damage your coins. How the TPGS handles this case is what counts. The coin probably cannot be fixed.

    And please don't try to object to my use of "learning experience" because that is exactly what it is: an unintentional occurrence that no one had any idea it would occur.

    Learning experiences shouldn't occur on historically important artifacts. This is a testing and QA failure on NGC's part. I wonder if extended testing is part of why it took PCGS so long to come out with their own gasket style holder?

    At the end of the day, NGC didn't do their due diligence before holdering this thing in the prong holder, and they damaged it. Learning experience or not, that's a result of negligence.

    Oh my, I >:) should have thought better...."Learning experiences shouldn't occur on historically important artifacts.'' Apparently not. :(

    PS I should have just left a disagree to the offending post.

    PPS As to this: "I wonder if extended testing is part of why it took PCGS so long to come out with their own gasket style holder?" You mean the one with 6 Prongs? BTW, I guess all that "EXTENDED TESTING" would have prevented the counterfeit slabs on the market too - right?

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

    @FadeToBlack said: "10, 2 and 4 on the obverse, 2, 4, and 7ish on the reverse."

    Thanks, that's a great point! You know what, I'm going to start counting the number of clips on a coin differently. Two for each clip. One for the obverse side and one for the reverse side of the same clip. I hope the error guys understand my reasoning. :)

  • scubafuelscubafuel Posts: 1,924 ✭✭✭✭✭

    If these pictures are accurate, people should probably check the reeding on their gold coins for NGC prong damage as well. Especially the heavier coins.

    And especially variably-sized world gold coins.

    Insider2, you posted 4 FACTS earlier in this thread with full caps, bolding and emojis. 3 of them turned out to be nonsensical due to your inability to follow the flow of this thread. I appreciate your mea culpa when you realized your error, but maybe take it to heart and turn down the "volume" on your posts until you're reasonably sure it's not happening again?

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