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How Would You Handle the "wrong" coin Christmas Present?
mustangmanbob
Posts: 1,921 ✭✭✭✭✭
Short version:
I built a set of PCGS MS64 Peace Dollars, and was 1 coin away from completing it, the 1924-S, PCGS Price Guide is $1350. Well, I received a VERY WELL Intentioned Christmas Present from a family member of a 1924-S Peace Dollar, NGC. It was purchased at a coin show, apparently several months ago, so it cannot be returned.
Should I just put it up on ebay, sell it, and then look for a PCGS coin? Try and trade it somewhere, and if so, how?
Thanks.
I built a set of PCGS MS64 Peace Dollars, and was 1 coin away from completing it, the 1924-S, PCGS Price Guide is $1350. Well, I received a VERY WELL Intentioned Christmas Present from a family member of a 1924-S Peace Dollar, NGC. It was purchased at a coin show, apparently several months ago, so it cannot be returned.
Should I just put it up on ebay, sell it, and then look for a PCGS coin? Try and trade it somewhere, and if so, how?
Thanks.
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Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
a few ideas:
1. keep it, still a nice coin and one you need
2. submit it to PCGS (this is allowed, you know)
www.brunkauctions.com
Sounds like someone went to great effort for a special gift. Very cool. Big hugs. Don't dump it unless it is dreck.
Lance.
njcc
Eric
This. Keep it even if it isn't a 64.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
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My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Try a crossover or hold on to the coin until you find a satisfactory PCGS example then sell or trade your NGC coin.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
clearly says copyright 1990 and the pages are half brown (like it got lost
in the back room of Borders for 22 years) ?
<< <i>First be extra thankful someone got you a 1924-S Peace dollar in MS64. Be gracious for not getting what everybody else got for Christmas: a fruitcake, socks or a plastic cover for your iPhone. Considering how much you paid for that coin (nothing) you got a great deal.
Try a crossover or hold on to the coin until you find a satisfactory PCGS example then sell or trade your NGC coin. >>
If the gift giver asks to see the coin, just say you submitted it to PCGS and that your enjoying the thoughtful gift very much. You won't be lying that way and all will be right with the world. Hopefully, it will cross, that's the ideal scenerio.
Pete
Louis Armstrong
Returns and exchanges (trades) happen every year after Christmas. It's really not a big deal.
<< <i>First be extra thankful someone got you a 1924-S Peace dollar in MS64. Be gracious for not getting what everybody else got for Christmas: a fruitcake, socks or a plastic cover for your iPhone. Considering how much you paid for that coin (nothing) you got a great deal.
Try a crossover or hold on to the coin until you find a satisfactory PCGS example then sell or trade your NGC coin. >>
I agree with this but I did get some nice socks this Christmas. Seriously, I dig 'em.
If the coin looks like a solid 64, try to cross it. If it is a really low end 64, you could always use it as a trade towards a PCGS 64.
<< <i>It is a story like this that really can show the different world apart thinking of grading companies. From the OP post it seems like the only option he thinks is to basically dump it because it is NGC. Well, what does the coin look like? Is it nice? Of so, spend $50 and cross it. Other than this advice, you are asking others for input with zero detail regarding the most important factor....the coin itself. >>
But wait...the most important factor to YOU is the coin itself.
What if the coin itself is NOT the most important factor to mustangmanbob?
What if the most important factor to mustangmanbob is that the coin be a PCGS MS64?
Maybe mustangmanbob doesn't care at all what the coin itself looks like.
Pretty inconsiderate of the gift giver making you go through all this aggravation.
You should tell them how rude it was to give you a NGC coin and that they should never have bothered and should never ever ever do it again.
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
try crossing the coin, as others have said. otherwise, keep looking for the right coin to complete your collection and keep the gift. you have lost nothing.
and say my glory was I had such friends.
Keep it. Cherish it.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
"A dog breaks your heart only one time and that is when they pass on". Unknown
<< <i>Tough problem to have.
Pretty inconsiderate of the gift giver making you go through all this aggravation.
You should tell them how rude it was to give you a NGC coin and that they should never have bothered and should never ever ever do it again. >>
...
<< <i>Tough problem to have.
Pretty inconsiderate of the gift giver making you go through all this aggravation.
You should tell them how rude it was to give you a NGC coin and that they should never have bothered and should never ever ever do it again. >>
Now that's funny.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Send it to me and I'll thank you profusely. This way you won’t have the terrible problem of possessing a coin that some very thoughtful person gifted you. What I really mean to say is stop acting like a spoiled brat or a smacked azz. >>
+1
"How Would You Handle the "wrong" coin Christmas Present?"
I'd add the coin to my collection and be happy someone thought enough of me to buy me such a gift.
"Should I just put it up on ebay, sell it, and then look for a PCGS coin?"
There are many options but you're the only person who can answer for what you *should* do.
Cheers, RickO
<< <i>Tough problem to have.
Pretty inconsiderate of the gift giver making you go through all this aggravation.
You should tell them how rude it was to give you a NGC coin and that they should never have bothered and should never ever ever do it again. >>
I'm surprised you didn't instantly march em outside to do snow angles in the yellow pile
Unless it's uber dipped do a crossover as grading is about the same on this series between both services.
If you don't have a PCGS submission account a local dealer or another member here might be able to help you out.
Then once you get the bill for all the associated fees you can provide it to the family member that gave it to you
<< <i>Personally, I'd try to cross it. If it doesn't cross, then I'd keep it and treasure it as a very thoughtful gift and go get the one I need to complete the PCGS set. I've got no problem with exchanging gifts or returning items but it sounds like this one was perhaps a little more meaningful than a shirt or a DVD. Not judging anyone else's answer, just saying this is what I'd do. >>
I couldn't agree more. Most people wouldn't know the first place to start when looking for a coin that a specific collector wants. I think you should keep the coin... I don't know if any of my family/friends would have gone out of their way with the intent of hunting down the exact coin that I wanted.
Interests:
Pre-Jump Grade Project
Toned Commemoratives
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Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
See if it crosses over.
Just about everyone I know, who has asked if I want coins for Christmas or Birthday, knows that I'd rather get those myself, but am grateful that they'd think of getting me something like that.
I say cross it, if you think it will, and if the giver asks to see it afterward, tell them that you got it into a matching holder so it fits in the box with the others.
They call me "Pack the Ripper"
<< <i>Short version:
I built a set of PCGS MS64 Peace Dollars, and was 1 coin away from completing it, the 1924-S, PCGS Price Guide is $1350. Well, I received a VERY WELL Intentioned Christmas Present from a family member of a 1924-S Peace Dollar, NGC. It was purchased at a coin show, apparently several months ago, so it cannot be returned.
Should I just put it up on ebay, sell it, and then look for a PCGS coin? Try and trade it somewhere, and if so, how?
Thanks. >>
Why I'd fling the coin at them while snarling imprecations concerning their parentage.
If you're working on an MS64 Peace set, the biggies (>$1,000) are the 1924-S, 1927-S, 1928, 1928-S, and of course the 1934-S.
I assume you've found a way to buy the other coins in the set. It's reasonable to assume you would have eventually found a nice 24-S and found a way to come up with the money to make it happen. Now, you have a coin that you can probably sell or trade for around $1,000.
If it doesn't cross, why not start looking for a 1924-S in PCGS MS64+? Really nice 24-S coins in this grade can be so very much nicer than run-of-the-mill 64s. With the value of the coin you already have, you'll end up paying about the same and you'll have one special coin in your set that will stand out.
I started putting together a 12-piece gold set in AU58, but I somehow ended up with 3 of the 12 in other grades. Those coins are special and they're in the set for a reason. Sometimes exceptions to what you thought you wanted are part of the fun.
Lafayette Grading Set
<< <i>How Would You Handle the "wrong" coin Christmas Present? >>
Oh I don't know. Most likely privately.
<< <i>At least you have someone that has an idea of how to buy a coin that you wanted.
+1
IF it doesn't cross, keep looking for a PCGS example that you like and buy it. Then sell the NGC coin to recoup most (or all) of the cost of the PCGS piece.
In the meantime, you get to enjoy the NGC piece.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!