CoiNFacts Error, #5

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MapsOnFire
MapsOnFire Posts: 236 ✭✭✭
in U.S. Coin Forum

Eisenhower $1 1776-1976 P Bicentennial, Type 1.
Auction Record, $28,000.
But this coin should not be in this list. The price is misleading, because it was overstruck on a Bicentennial $.25 planchet.

The "real" auction record may be $5640.00 for a different coin.

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  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Yep... That listing needs 'adjustment' :D;) Cheers, RickO

  • MetroD
    MetroD Posts: 2,568 ✭✭✭✭✭
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    @MapsOnFire

    There are TWO "overstruck" entries in the "Auctions - NGC Graded" data for PCGS #7418.


    Source: https://www.pcgs.com/coinfacts/coin/1976-1-type/7418

    This is the one you detected; here is the other.

  • MFeld
    MFeld Posts: 17,131 ✭✭✭✭✭
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    @MapsOnFire said:
    Eisenhower $1 1776-1976 P Bicentennial, Type 1.
    Auction Record, $28,000.
    But this coin should not be in this list. The price is misleading, because it was overstruck on a Bicentennial $.25 planchet.

    The "real" auction record may be $5640.00 for a different coin.

    Have you been reporting these errors to PCGS?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • MapsOnFire
    MapsOnFire Posts: 236 ✭✭✭
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    Yes! Formerly @HeatherBoyd. Now @PCGS_Moderator.

  • MapsOnFire
    MapsOnFire Posts: 236 ✭✭✭
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    Yes MetroD. And perhaps the second one should be removed also. I was focused on the Auction Record coin.

  • MetroD
    MetroD Posts: 2,568 ✭✭✭✭✭
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    @MapsOnFire said:
    Yes MetroD. And perhaps the second one should be removed also. I was focused on the Auction Record coin.

    Yep.

    The entry I highlighted is currently the second highest "price" in the auction data for PCGS #7418.

    Source: https://www.pcgs.com/auctionprices/details/1976-type-1-ms/7418

    It is also "overstruck". In fact, it is the same coin (i.e., NGC cert #2009052-001).

    IF PCGS is going to remove "error" entries from their auction data, which I believe is your objective, they might as well address both entries at the same time (i.e., JAN-2014 and AUG-2014). Otherwise, the second "overstruck" entry is just going to move into the "auction record" slot.

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