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Obvious proof, PCGS calls it 'MS"

What should one do about it??
Ed

Comments

  • DCWDCW Posts: 7,651 ✭✭✭✭✭
    I think we should be a little more vague.

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • PerryHallPerryHall Posts: 46,944 ✭✭✭✭✭
    Not enough information to answer your question. Any quality pics?

    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

  • richardshipprichardshipp Posts: 5,647 ✭✭✭
    Could be a mechanical error?


  • << <i>I think we should be a little more vague. >>



    image
    Have bought and sold on BST, many references available when asked.
  • RWBRWB Posts: 8,082
    “Obvious” is not always obvious.
  • lsicalsica Posts: 1,623 ✭✭✭✭
    I grade it sight unseen as an SP69+ Full Torch
    Philately will get you nowhere....
  • PTVETTERPTVETTER Posts: 6,029 ✭✭✭✭✭
    PICS
    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Sometimes they just make human error when entering it into the system. If it is that obvious send it back as a mechanical error to get fixed for free. Aside from shipping of course.
  • Send it to CAC.....they're better than the candy man and I hear they make rainbows too? image
  • Wolf359Wolf359 Posts: 7,663 ✭✭✭


    << <i>“Obvious” is not always obvious. >>



    That was my answer. Show us the pictures!
  • Ed62Ed62 Posts: 857 ✭✭
    image
    Ed
  • johnny9434johnny9434 Posts: 29,436 ✭✭✭✭✭
    could be a mistake. how about more information about it?
  • Wolf359Wolf359 Posts: 7,663 ✭✭✭

    Call customer service, ask for the finalizer to take a hard look before they mail the coin back.
  • Ed62Ed62 Posts: 857 ✭✭
    It has been to PCGS twice.

    Also apparent:

    1.) The color is RB; PCGS calls it BN
    2.) It is a cameo strike. Yes, I understand PCGS only recognizes RD coins as 'Cameo'


    Ed
  • Certainly looks like a proof in the images...would be interesting to see what PCGS is using for it's diagnostics to determine it a PL business strike vs a Proof....??? image
  • MrEurekaMrEureka Posts: 24,452 ✭✭✭✭✭
    I'm not so sure that these should be called PR. I'd let it go.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • Wolf359Wolf359 Posts: 7,663 ✭✭✭

    Can we see the reverse? Maybe that's the issue.
  • MrEurekaMrEureka Posts: 24,452 ✭✭✭✭✭
    BTW, for those that don't recognize the piece, which should be most of us:

    These 1851 patterns for a proposed coinage ... were apparently made for speculation in San Francisco by a company from Birmingham, England, as an eagle hub bearing this name is mentioned by Don Taxay as possessing an English pedigree. Denominations of $2½, $5, $10, and $20 are known in silver, copper, and white metal. The master hub is presently in the Bank of California museum.

    --Quoted from Donald H. Kagin's, "Private Gold Coins and Patterns of the United States", copyright 1981, Arco Publishing, Inc. of New York
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>What should one do about it?? >>

    Unless you own the coin, there's not much that can be done.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • PerryHallPerryHall Posts: 46,944 ✭✭✭✭✭


    << <i>BTW, for those that don't recognize the piece, which should be most of us:

    These 1851 patterns for a proposed coinage ... were apparently made for speculation in San Francisco by a company from Birmingham, England, as an eagle hub bearing this name is mentioned by Don Taxay as possessing an English pedigree. Denominations of $2½, $5, $10, and $20 are known in silver, copper, and white metal. The master hub is presently in the Bank of California museum.

    --Quoted from Donald H. Kagin's, "Private Gold Coins and Patterns of the United States", copyright 1981, Arco Publishing, Inc. of New York >>



    Does PCGS give the proof designation to privately issued coins?

    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

  • MrEurekaMrEureka Posts: 24,452 ✭✭✭✭✭
    Keep in mind that there were probably no more than a few dozen pieces struck from these dies, so the mirrored fields really don't mean all that much. In my mind, to call the coin proof, the coin would need to be either completely obviously proof, or at least clearly double struck. Ed, do you see any evidence that the coin was struck more than once?

    BTW, I could live with an "SP" designation, especially because none of these were made for circulation.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • MrEurekaMrEureka Posts: 24,452 ✭✭✭✭✭
    Does PCGS give the proof designation to privately issued coins?

    Yes.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • RWBRWB Posts: 8,082
    It's not a coin - it's private token or medal.
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  • Wolf359Wolf359 Posts: 7,663 ✭✭✭

    I had checked uspatterns.com before I posted. Didn't see anything listed...
  • Wolf359Wolf359 Posts: 7,663 ✭✭✭
    I don't know how you call it "MS" when it's not intended for circulation... "SP" maybe yes.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Or they could of said "no grade" very easly they do not do tokens as I understand it.
    Or does it really matter price is going to be what somebody is willing to pay no matter how much it's hyped.
  • braddickbraddick Posts: 24,955 ✭✭✭✭✭
    Why be direct and receive the answers you are seeking when being obtuse is more fun?

    If it's been to PCGS twice and both evaluations confirm it is not a proof it's time to move along.

    peacockcoins

  • Ed62Ed62 Posts: 857 ✭✭
    Reverse: Note the doubling of many of the letters, especially in "FRANCISCO".

    image
    Ed
  • PerryHallPerryHall Posts: 46,944 ✭✭✭✭✭
    Beautiful pattern. Does it really matter if it's MS or PF? Is there any difference in value?

    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

  • MrEurekaMrEureka Posts: 24,452 ✭✭✭✭✭
    Does it really matter if it's MS or PF? Is there any difference in value?

    It wouldn't matter to me. It could easily matter to someone else.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    Certainly looks like a proof in the images...would be interesting to see what PCGS is using for it's diagnostics to determine it a PL business strike vs a Proof....???

    the term "Proof" denotes a method of manufacture. certainly we all know(at least we should) this and that the term relates to certain aspects of production such as specially treated/handled planchets, specially prepared dies, different presses/number of strikes, etc, etc. the Pattern guys and the graders at PCGS should be familiar with those things concerning these issues and that seems the logical way they arrive at denoting MS/PR.
  • LoveMyLibertyLoveMyLiberty Posts: 1,784 ✭✭✭
    To expand on MrEureka's entry, this coin is identified in The Comprehensive Catalog and Encyclopedia of U.S. Coins
    2nd edition by Coin World. It is listed under "Pioneer Cold" and describes these pieces as being made by
    a Birmingham die sinker named William Joseph Taylor (1802-85). Taylor's signature WJT appears on truncation of the
    San Francisco Standard Mint $5 piece. All dated 1851, they are identified and numbered from P.185 to P.197.
    They were minted as $2.50, $5, $10 and $20 pieces in various metals of copper, white metal, silver, but none are known
    to be struck in gold.
    The entry lists various auction sales for some of these coins and the prices realized. Some are listed as MS, and some
    as PR.
    Item P.195, an 1851 $20, in Silver is shown as "Garrett Choice Proof, $17,000. Another, item P.196, 1851 $20,
    in copper, is listed in Kagin's ANA Proof-63, $1,250.
    My Type Set

    R.I.P. Bear image
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  • LoveMyLibertyLoveMyLiberty Posts: 1,784 ✭✭✭
    Here's an example of one of these coins.

    Look Here


    Also, William Joseph Taylor was a medalist, as well as a die engraver for coins.
    He engraved the dies for Australia's Fort Philip Kangaroo Assay Office pieces of 1853.
    He also has four medals in the National Portrait Gallery.
    My Type Set

    R.I.P. Bear image
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  • LeeGLeeG Posts: 12,162
    Regardless the method of manufacture, it's a stunning piece. One should enjoy the hobby.


    But I can also understand your position.
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭


    << <i>

    << <i>Here's an example of one of these coins.

    Look Here


    Also, William Joseph Taylor was a medalist, as well as a die engraver for coins.
    He engraved the dies for Australia's Fort Philip Kangaroo Assay Office pieces of 1853.
    He also has four medals in the National Portrait Gallery. >>




    I just see a black page with Kagin in the upper left corner! >>



    Can you see this?

    image

    image
    Collector of Large Cents, US Type, and modern pocket change.
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