PCGS and Washie edge lettering
garsmith
Posts: 5,894 ✭✭
Did you all see this?
PCGS article
This is on the PCGS home page, so do you think this is a good move or a bad move?
I think this will cut down on the number of eBay scams, where sellers are listing these as errors. PCGS recognizing them as a variety is a good move. Unless the mint updates thier minting process we will have this variety with each issue of Presi dollars from both mints, so giving a "A" and "B" designation is a good thing!
If you don't agree lets hear why!
PCGS article
This is on the PCGS home page, so do you think this is a good move or a bad move?
I think this will cut down on the number of eBay scams, where sellers are listing these as errors. PCGS recognizing them as a variety is a good move. Unless the mint updates thier minting process we will have this variety with each issue of Presi dollars from both mints, so giving a "A" and "B" designation is a good thing!
If you don't agree lets hear why!
0
Comments
I am so glad they asked our input and listened to us.
"I am sorry you are unhappy with the care you recieved, is their anything I can do for you right now, how about some high speed lead therapy?" - A qoute from my wife's nursing forum
"I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." – Thomas Jefferson
I have no problem with them marking them.. My only point was, they bothered to ask.. then decided to go ahead and do it, which is fine.. but why bother to ask.. and if you do ask and find no one wants it.. why do it???
"I am sorry you are unhappy with the care you recieved, is their anything I can do for you right now, how about some high speed lead therapy?" - A qoute from my wife's nursing forum
"I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." – Thomas Jefferson
Many of the VAM's, etc are MUCH more subtle differences than this, so I can't see ignoring them.
That being said, I have no interest in collecting these beyond a type set, which I will accomplish by buying the full Proof Set each year, as I always have...
The only part here that seems odd to me is that the A & B seems backwards -- intuitively, you would think A=Obverse Up, B=Reverse Up, but they went opposite?!?!?
Rex
<< <i>Orginal Thread
I have no problem with them marking them.. My only point was, they bothered to ask.. then decided to go ahead and do it, which is fine.. but why bother to ask.. and if you do ask and find no one wants it.. why do it??? >>
Maybe this forum was not the only place they "asked"
Rex
Wisconsin leaf had varieties. This in my opinion is not a variety, lack of quality control, but NO variety.
Just like Tommyboy said, " Because they know all they sold ya was a guaranteed piece of (poop). That's all it is, isn't it? Hey, if you want me to take a dump in a box and mark it guaranteed, I will. I got spare time. But for now, for your customer's sake, for your daughter's sake, ya might wanna think about buying a quality product from me. "
Yes, it's random and the 50-50 variability is built into the manufacturing process. I don't see that that has to do with anything. It is what it is. It's certainly easy enough to determine for yourself what the orientation is, if that's of interest to you. I expect it will be of great interest to the future hard-core collectors of these, certainly as important as a mint mark is to collectors of other series, the mint mark being another characteristic that is plainly obvious and not necessarily of any added interest or value for many dates/series.
I applaud PCGS for doing the right thing here
<< <i>Did you all see this?
PCGS article
This is on the PCGS home page, so do you think this is a good move or a bad move?
I think this will cut down on the number of eBay scams, where sellers are listing these as errors. PCGS recognizing them as a variety is a good move. Unless the mint updates thier minting process we will have this variety with each issue of Presi dollars from both mints, so giving a "A" and "B" designation is a good thing!
If you don't agree lets hear why! >>
You have got to be kidding!!
What next, the position in degrees on a circle where the inscription begins?
I can see it now: GW Presidential Dollar First Day of Issue, Edge Lettering Position A, Beginning of inscription orientation 112 degrees, MS60.
Why create a reverse determination and call it "position" A & B???
Wondercoin
For a collector now they have to collect twice as many coins???
I'm not sure, since the odds are 50/50 as to which way the lettering is on the coin. Makes it twice as expensive. Somewhere we will have a top pop with the letters one way that will carry a huge premium that will not be deserved
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
Also... for those who are claiming that this is a variety, this doesnt even fall under the definition of a variety. A variety is a die anormality that is passed from the die to every coin struck by the die. The die that strikes the edge lettering can strike a right side up, and then an upside down edge lettering.
This is just another sceme for PCGS to make more money out of attribution fees. You'll see how people will start to submit their Washington Dollars because they think they have a rare upside down 'variety' coin edge dollar.
It's about orientation. Plain and simple
``https://ebay.us/m/KxolR5
Phildelphia - A, Denver - A
Phildelphia - A, Denver - B
Phildelphia - B, Denver - A
Phildelphia - B, Denver - B
This could get interesting to put together in matching grades...
Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
San Diego, CA
So much for the idea of giving the collector/specialist what they really want!!!
So I suspect that PCGS is doing this more from a revenue/profit perspective than anything else. Another opportunity to make a buck.
After all, they have to replace all the profit lost on the First Strikes fiasco.
“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!
or "correct" orientation would have been the A position.