What were they thinking? #1

BlindedByEgo · April 29, 2007 2:48PM

I purchased a collection... Included in which were these coins (along with a bunch of SGS, NCS and NNC "Proof 70" and "MS70" "slabs").

I hope that you get as much of a chuckle as I did - at least until the owner showed me what her deceased husband paid for them.

Luckily, he did buy lots of other coins in legitimate holders, and she left the store happy with the return generated by those.

So, what WAS the initial intention of the submitter of this pocket change?

lordmarcovan · April 29, 2007 2:54PM

I think I saw an ANACS VF details net VG/Corroded 1956-D Lincoln cent (or something like that) on Teletrade once upon a time.

coppercoins · April 29, 2007 2:58PM

Obvious to me that the collector who originally submitted them thought they would come out with much higher grades. I don't get the question.

BlindedByEgo · April 29, 2007 3:08PM

<< <i>...I don't get the question. >>

Probably due to an exceptionally well developed lack of sense of humour.

The "question" is actually rhetorical... While one would in fact assume that a submitter would hope for higher grades, the coins in question are so obviously unfit for higher grades (and even in somewhat higher grades would hardly carry any real numismatic value) that the person submitting them would have to have their sanity questioned, much less their grading ability...

My two thoughts were either a) sentimental value or b) sample or test slabs.

BlindedByEgo · April 30, 2007 2:05AM

Good morning.

Zoins · April 30, 2007 2:10AM

What were they thinking indeed! They should be using PCGS!

Newcomp103 · April 30, 2007 3:11AM

As has been stated many times....an AU58 coin to the casual collector, even one that understands grading to a specific degree, sometimes has the eye appeal of a MS63 or higher coin...but I have no clue on all of these...because even MS64's are not worth the cost to certify???

DesertRat · April 30, 2007 3:15AM

Slabbed for future posterity. Can you imagine those slabs surfacing 200 years from now?

etexmike · April 30, 2007 3:33AM

<< <i>Slabbed for future posterity. Can you imagine those slabs surfacing 200 years from now?

>>

They will never make 200 years in those slabs. They will cracked out way before then for the upgrades.

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etexmike

What were they thinking? #1

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