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The REAL lesson of the 1963 PR 70 Cent...

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    RussRuss Posts: 48,514 ✭✭✭


    << <i>More or less, the question is will PCGS do the right thing and buy this coin back. >>



    Is it "the right thing" to reward stupidity?

    Russ, NCNE
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    MrEurekaMrEureka Posts: 24,697 ✭✭✭✭✭
    Is it "the right thing" to reward stupidity?

    "Stupidity"? For all we know, Mr. Troy's aunt submitted the coin for Mr. Troy, his uncle was the consignor/underbidder, Mr. Troy bought the coin at auction, and his brother's mistress is now the high bidder. When he collects a check from Heritage, and then PCGS buys the coin from his brother's mistress for 57.5K, Mr. Troy will be ROFLHAOWTIHE. (sp?)

    Don't sell the man short. He's making money. We're just making noise.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
    Andy

    Just Think....

    When Mr. Troy's 1963 Proof 70 D Cameo is returned to PCGS for "Guaranteed Resubmission"

    Your $50,000 1901 Proof 69 Indian Cent will come down off the wall and will be replaced by the 1963 Proof 70

    Stewart

    "The $50,000 Mistake
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    MrEurekaMrEureka Posts: 24,697 ✭✭✭✭✭
    Your $50,000 1901 Proof 69 Indian Cent will come down off the wall and will be replaced by the 1963 Proof 70

    image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    CoinosaurusCoinosaurus Posts: 9,652 ✭✭✭✭✭
    Good grief. Everyone makes mistakes, no need to rub it in. The question is, what is PCGS gonna do about it? Is it gonna be a lingering stench or are they gonna 'fess up and take that thing off the market........

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