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Does anyone collect mislabeled TPG holders?
Barberian
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In other words, is there a small market for mislabeled holders? I'm wondering because to have the label corrected would be costly and eat into any profits from selling this "cherry pick."
This cleaned 1855/54 in an NGC holder won off of GC last Sunday is mislabeled as an 1855. I now have mislabeled 55/54s in PCGS (2), NGC, ANACS, and IGC holders.
3 rim nicks away from Good
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Don't you mean, slanted 1855? Not seeing the 4.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
not dramatic enough
you'd have to beat wrong coin type on label
Any bids?
I haven't seen the coin in-hand yet as it's now in the mail. I do see what I think is the horizontal crossbar of the 4, though. My main focus in cherry picking these coins from blurry photos (there is no Great Photo for this coin) is the doubling of the ball on the first 5. The underlying ball protrudes slightly to the right. I believe this is WB-3, the least dramatic overdate of the three DMs for the 55/54. However, it is often found with a strong horizontal crossbar of the 4 protruding from the second 5.
The last 55/54 I picked from GC, a WB-2 with a die line off the left tip of the ribbon between the rocks, had a damaged 4 crossbar, but the doubled ball and other signs (portions of underlying 8 and doubled staff on the first 5 are visible) are quite clearly seen in this Great Photo.
I'm not certain of what you're saying. The coin is labeled as an 1855 (normal date) or "6281", not an 1855/54 or "6282", which is a Redbook variety. Is that insufficient to generate interest in the labeling error.
I believe what they are saying is that the label error would need to be more than just missing a variety attribute.
Something like the wrong coin type or wrong denomination.
What you have (if your cherry-pick is correct) is just an incorrect variety listed. Not really a collectible slab.
My Ebay Store
as above is a 2004 platinum eagle with a 1997-W label, there are "mechanical errors" where somehow the printer printed the wrong coin type like "morgan" instead of "peace" (1921 issues) (darn printer!)
Interesting on the GC photo
Looking at coin facts I see what feels like two different dies listed under the 55/54
The 58 below looks like your GC pic with the 4 remnant slightly north west direction pointing above the bulb of the 5.
Most of the other attributed examples on coin facts show the 4 remnant horizontal west connecting to the bulb of the 5.
Looking at the staff below the cap, coinfacts seems to have some variation on the upper staff, some with obvious doubling and some without. How is the staff on your GC image?
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
Thats crazy
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
OK. So, you're saying that variety misattributions are probably so common (and they are common with 55/54s) they aren't worth any premium in and of itself. Any premium over what I paid for the coin would be for the greater scarcity of the overdate itself.
I have “collected” a few 1913 type 2 Buffalo nickels with type 1 PCGS slabs. A nice Denver and San Francisco. Both at type 1 prices.
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
not bashing the variety, just saying the label error (mechanical error) of a 55/54 od wouldn't beat out a mechanical error of a 1909indian vs lincoln error or the above wrong date-mm
labeling an indian on a lincoln would be a comical mistake for a finalizer to miss. just thought of a better one 1909-S VDB Indian. haven't seen that one (yet
)
there are some presidential dollar holders with the wrong president on the label. those are pretty funny too
I've never seen a premium for small mechanical errors, but they're fun to have.
Nice observation! 1855/54s are comprised of three obverse dies. The close-up from Coin Facts is of a WB-1 showing a strong underlying 8 with a prominent upper loop above the overlying 8, doubling of the "1", and it shows the die gouge to the right of the tip of the shield. I do find some WB-1s without the die gouge, though.
The second coin is definitely a WB-2 with a less pronounced underlying 8, no doubling of the "1", and with a die line off the left tip of the ribbon between the rocks.
I'm not certain which DM is shown in the third photo. It is likely WB-3 with a prominent crossbar on the underlying 4 and no die lines or gouges found on (most?) of the other two DMs.
I cannot see the staff on my coin won on Sunday from GC. The photos were somewhat blurry. All 55/54s show doubling of the staff on the first 5. Again, I look at the ball of the first 5; it should be wider than the ball on the second 5. That has enabled me to spot many of these overdates, even with blurry photos. The horizontal bar of the 4 is oftentimes not clearly visible.
Why do they call them "mechanical errors" when they are obviously "human errors"? One major grading service blunder that I bought mail order from a major well-known dealer was a 1911-S Indian G$10 that was actually a 1911-D which is a slightly better date. I just took a fine-tip Sharpie pen and crossed out the S and printed a D on the slab.
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
My favorite.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
I don't understand this whole thread. You are intentionally and successfully seeking out this variety but are hoping to sell them as error slabs because the variety isn't worth a premium. Maybe you shouldn't bother looking for the variety.
Yes. Most error slabs carry zero premium unless the coin itself is very inexpensive.
No. The variety is worth a premium. I've made 60% to over 200% profit selling straight-graded examples so far, but either the "mechanical error" was corrected by PCGS for free or PCGS got it right the first time when they were submitted as raw coins. Now I'm wondering how well they will sell without correcting the "mechanical error" and was curious if people collected or put any premium on such labeling errors.
The example posted here is a details coin with likely less potential for such profits, so I wondered if labeling errors are collectible themselves without having to fix mechanical errors at my expense. PCGS was generously fixed a "mechanical error" that I purchased (as opposed to submitted for grading myself), but I don't expect TPGs to make such changes for free if I wasn't the original submitter. Apparently, these labeling errors are common and not worth anything themselves. That makes sense because I've found over a dozen of them across the four major TP grading companies. I've enjoyed collecting many of them and being amazed at the 'ones that got away' in other auctions.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
I have had a few over the years, the most memorable being a Norse Medal and a Pine Tree Shilling that were sent to our host on the same sub and the labels were switched. It got fixed.
www.brunkauctions.com
It was quite the brag to briefly own an "MS64" Pine Tree
www.brunkauctions.com
Grader had too many beers
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
I always thought these were cool to have.
I've had several occasions last year where I had our host mislabel coins three different dates, they paid shipping both ways and properly labeled them quickly. I just contacted customer service and they gave me the details to follow. Very happy with the outcome. It is a high volume operation and people do make mistakes.
What I would like to have is likely not possible, but I would like a counterfeit coin in a real slab labeled as a counterfeit with all the other correct information. But alas they body bag those.
I think they are sort of fun when I run across the more outrageous ones.
Seated Dollar Collection
I happened upon this recently, then this thread popped up.
I used to have a 1947 Philly Walker labeled as a 1947-D in an OGH. I actually didn’t notice the mistake until after I bought it.
Collector
91 Positive BST transactions buying and selling with 56 members and counting!
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I have only ever found 2 miss labeled coins but was quick to get that fixed.
First was an 1873-S XF Seated Half. ANAC did not put the "S" on the holder.
Second was a choice XF 1846-O Tall date Seated Half ANAC slabbed as Med date. James
One thing that I collect is sample slabs. I have a few of them that are mislabeled. I try to pick them up without much of a premium.
https://www.pcgs.com/setregistry/mysetregistry/set/172592
This one is pretty crazy and collectible! Two fatty holders with switched labels: https://auctions.stacksbowers.com/lots/view/3-1GWCJA/pair-of-classic-commemorative-half-dollars-with-mismatched-ngc-labels-ms-64-ngc-oh-generation-40
Here are a couple more cool ones I've come across:
I've seen many other dozen small mech errors and misattributions. But the pair of classic commems have to be the neatest.
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
ICG is the only company that I am aware of that certifies counterfeit coins and labels them as such. I believe they certify known and collectible counterfeits like the Omegas and Hennings. If your cherrypicking skills are top-notch, you can find counterfeit coins in genuine PCGS/NGC holders...
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
That pair is really cool!
I have the same mistake on a MS 67 -S San Diego tag says 1935-D. But hey, it CAC"d!
I laughed my butt off when I saw this one. This one is a "Have to have it"
I don’t know of anyone who would pay a premium for one. Nor would I want one.
NGC was simply taking inflation into account when labeling this coin. A dollar just ain't worth what it use to be worth.
Interesting that the certificate numbers are not consecutive.
These coins were next to each other at my local shop. I knew something was wrong because they look identical but one is labeled reverse pf70 and the other is ms70.
As it turns out they both are reverse pf70 and the coin on the right was mislabeled but cert verification is correct.
I thought is was really cool these coins were next to each other. Also, before i purchased them I told the owner about the mislabeled coin.
Mistakes happen when you deal with a high volume of coins.
GC sent this one back to be reholdered with correct label.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
That one is wild!
Just reporting back that I received my GC coin yesterday, and it is definitely a 1855/54 overdate, likely a WB-3. It's also the first mislabeled NGC slab I've owned, though I've seen others.
Thanks for answering my question about mislabeled slabs and their value. Interesting? Yes! Valuable? No, not unless it's a major screw-up. Oh well. I only have a dozen of these ugly 55/54 details overdates misidentified as 1855 normal dates that I'm trying to get rid of.
I always buy the type 2 labeled as type 1 S or D buffalo nickels.
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
Smart Type 2 is more expensive than Type 1
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
That is a good idea to look for those.