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Rare coin in a rare PCGS slab

66RB66RB Posts: 2,516 ✭✭✭
I just saw this listed on eBay, and while I have heard of PCGS 'authentic' slabs, I had never seen one, besides the sample slabs.
Now, who was that paperboy?image

eBay link

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Comments



  • << <i>Now, who was that paperboy?image >>



    I'm not sure who he was, but he seems to have had some anger management issues.


  • << <i>

    << <i>Now, who was that paperboy?image >>



    I'm not sure who he was, but he seems to have had some anger management issues. >>



    Am I missing something here?
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    i currently have a 1943-P/D/S group of coppers that the local dealer has asked me to send in for a customer. we're both fairly certain that they're fakes, but they come from the heirs of a fellow club member who recently passed away. the gentleman had collected for many, many years and was a Flea Market dealer who had some really great coins and managed to hoard an incredible collection buying in that fashion. one of the more notable coins he bought via the Flea Market was a genuine 1895 Proof Morgan Dollar!!! since he'd been doing his thing since at least the early 1960's he no doubt had access to many of the collections in this largely rural section of Northeastern Ohio. i had been able to buy a few items from him and had also won things at club auctions which is where he chose to sell some of his hoard as his health declined in recent years.

    he is missed, he had great stories to tell about the old days and i used to hear them when he'd ride along to club meetings with me.
  • The scratches are probably from someone that knew it was a copper coated steel cent and just had to cratch it to show someone the steel under the copper.......


    oops.....


    AL
  • Now If I sent that coin in it would come back BB as "Altered Surface" :-)
    Missing My Life -PSA-Please Watch- 30 seconds could help someone you know

    "If I say something in the woods, and my wife isn't around to hear it. Am I still wrong?"


  • << <i>i currently have a 1943-P/D/S group of coppers >>



    Keets, can you photograph them for us to see?


    AL
  • Strange that the PCGS lookup says it graded VG10 BN

    Link
    Dave - Durham, NC
  • 66RB66RB Posts: 2,516 ✭✭✭


    << <i>

    << <i>

    << <i>Now, who was that paperboy?image >>



    I'm not sure who he was, but he seems to have had some anger management issues. >>



    Am I missing something here? >>



    If you follow the link to the eBay auction, the story is that a paperboy, ahhh I'll just cut and paste it here.

    from the auction:


    << <i>The history of this particular 1943 copper cent has an interesting twist to it. At one point, it's ownership fell to a young paperboy (age not given). For some reason, possibly to test that it was really copper and not copper-plated-steel, he put a cut onto the face of Lincoln and also tested the field with a few scrapes. This was in an era when full page advertisements pro claiming the rarity of the 1943 copper cents were splashed across the nation's press and on the inside back covers of popular magazines and comic books, so any savvy youngster would naturally be on the lookout for such a score. Our consignor bought the coin at the Dearborn Michigan Coin Show around twenty years ago for $19,000. It has been with his family ever since. The coin also comes with a notebook full of articles about 1943 copper cents. >>

  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    He should have used a magnet to test it instead of chopping it!

    image
    Ed
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    Funny, the certification link says bronze, but the slab says copper.... a technicality I guess!
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • AUandAGAUandAG Posts: 24,941 ✭✭✭✭✭
    Ok, what am I not seeing here? A PCGS LABEL! Who says this is PCGS? If PCGS says it's been graded
    VG10 then why is that not on the label? Is this some sort of scam? Who's the chump here? Hmmmmm.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • DNADaveDNADave Posts: 7,308 ✭✭✭✭✭
    I wouldn't buy it without scratching it to see if it's real.....

    or unless it had a sticker.


    image
  • MrEurekaMrEureka Posts: 24,419 ✭✭✭✭✭
    Somebody should tell PCGS that the next time they need to authenticate one of these, they should try a magnet instead of a screwdriver.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • PerryHallPerryHall Posts: 46,875 ✭✭✭✭✭
    PCGS should have indicated "DAMAGED" on the slab label or, better yet, put it in a body bag. If they can slab a coin with this much damage, they should slab all damaged coins in a "GENUINE" holder.

    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

  • commoncents05commoncents05 Posts: 10,096 ✭✭✭


    << <i> Ok, what am I not seeing here? A PCGS LABEL! Who says this is PCGS? If PCGS says it's been graded
    VG10 then why is that not on the label? Is this some sort of scam? Who's the chump here? Hmmmmm. >>


    It's no scam, it's for sale at auction at a reputable firm.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
  • jhdflajhdfla Posts: 3,030 ✭✭✭
    Yep, from the upcoming Goldberg sale.


  • << <i>PCGS should have indicated "DAMAGED" on the slab label or, better yet, put it in a body bag. If they can slab a coin with this much damage, they should slab all damaged coins in a "GENUINE" holder. >>



    From what I've seen, PCGS uses these GENUINE holders only for extremely rare and/or important coins with damage -
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>

    << <i>PCGS should have indicated "DAMAGED" on the slab label or, better yet, put it in a body bag. If they can slab a coin with this much damage, they should slab all damaged coins in a "GENUINE" holder. >>

    From what I've seen, PCGS uses these GENUINE holders only for extremely rare and/or important coins with damage - >>

    Is it their version of a NCS slab?
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    From the cert verification page. Their policy is not to grade problem coins. Why did they grade this one?

    COIN INFORMATION
    Cert Verification #: 21445181
    Date, mintmark: 1943
    Denomination: 1C
    Variety: Bronze
    Pedigree:
    Country: The United States of America
    Grade: VG10BN

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,621 ✭✭✭✭✭
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>Their policy is not to grade problem coins. Why did they grade this one? >>

    That is not their policy. Well, not their entire policy. Their policy includes making exceptions for rare coins as a service to the numismatic community.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,621 ✭✭✭✭✭
    That would be in my box of 20 if I could afford it.
  • PerryHallPerryHall Posts: 46,875 ✭✭✭✭✭


    << <i>

    << <i>Their policy is not to grade problem coins. Why did they grade this one? >>

    That is not their policy. Well, not their entire policy. Their policy includes making exceptions for rare coins as a service to the numismatic community. >>



    This coin was not graded. PCGS apparently has different rules for different customers.




    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

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Their policy is not to grade problem coins. Why did they grade this one? >>

    That is not their policy. Well, not their entire policy. Their policy includes making exceptions for rare coins as a service to the numismatic community. >>

    This coin was not graded. PCGS apparently has different rules for different customers. >>

    Of course they do. They also generally don't encapsulate problem coins, regardless of grade. It's true they have different rules for different customers, e.g. bulk submitters, but this one is probably more about the coin than the customer. If you had a 1964-D Peace dollar, they'd probably encapsulate it for free (per HRH's offer) regardless of the kind of customer you were.
  • homerunhallhomerunhall Posts: 2,496 ✭✭✭

    We normally don't grade coins with major damage. However, we will make an exception in the case of ultra rare and important coins. In that case we'll, at the request/option of the submitter, put the coin in one of our holders and indicate "genuine" on the label.

    David

  • 25 or so years ago in my jewelry shop in s. jersey.a guy comes in with a napkin and asked if the diamond in the napkin was real, in the napkin were 3 pieces of diamond and 1 whole diamond, he told me that he knew the pieces of diamond were not real beause he had hit the whole stone with a hammer and it broke, (it was real) but wanted my opinion on the other one....(these were matching earrings and nice ones at that.about 3/4 carat each) so i louped the "whole one" and said yes it's real and a nice one to boot! he said, i knew that one was real.......I never told him about the one he broke.........i wonder how many diamonds he has (SMASHED) checked over the years.............?


    image

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