Is this true?

CoinCrazyPA · September 13, 2010 1:50PM

Link

If he now owns the company, is this truly an old PCI, or newly made?

savoyspecial · September 13, 2010 1:55PM

>>This coin looks like it was minted yesterday!!!>>

could this be disclosure??

kidding, of course

pheh · September 13, 2010 2:00PM

Not much about that auction makes sense to me.

-The MS66 in the item specifics is against eBay policy for that slab
-Called: "Super Gem Gem Unc" in the title (Whatever in the hell that means. Sounds like an outburst from a Japanese gameshow host.)
-Called: "Near Gem Uncirculated" in the body of the listing
-Called: MS66 on the PCI slab.
-His "30 power zoom lens" must have taken a shot of the coin from across the room because he ended up with nearly full slab shots that measure 263px × 400px.

I cant really say anything bad about the coin or the holder, because they are indecipherable. But I can say his auction sucks.

CoinCrazyPA · September 13, 2010 2:06PM

This seller puts numerical grades in almost all the auctions they list slabbed or not. Has been for ages.

19Lyds · September 13, 2010 2:24PM

<< If he now owns the company, >>

Where are you getting this from?

robkool · September 13, 2010 2:44PM

Hmmm... An old PCI slabbed coin. Nice looking Saint tho.

CoinCrazyPA · September 13, 2010 2:50PM

My understanding he bought DGS grading from David Lawrence, which in turn was the old pci and is starting to slab PCI coins now. There was a forum recently on here and the Vam sight. People at 1st thought there were fake PCI slabs Hitting the market, it was latter learned he was starting up slabbing PCI SLABS.

CoinCrazyPA · September 13, 2010 2:54PM

So the original question stands is the a new made slab or an original old one?

braddick · September 13, 2010 2:54PM

<< Hmmm... An old PCI slabbed coin. Nice looking Saint tho.

>>

NOT an old PCI slab.
The g in mintage is wrong (along with other tells, in the lettering and grade font) and proves otherwise.

This was the new/weak PCI before they went gold label on us. Same sorry graders.

Now, the "old PCI" has some charming coins within, many bouncing into PCGS plastic at or even higher in stature and grade.
Not the one in this auction though.

Impossible to tell from the photos but wouldn't be surprised if it ranged from AU58 to MS63/64- if there are no problems.

braddick · September 13, 2010 2:57PM

Just to add: the dash in the date on this one, also offered by the same seller (and where he states, "Old Green Holder" in the auction) proves it is the NEW green holder.

CoinCrazyPA · September 13, 2010 2:57PM

If so why is the seller making it seem it is something it is not, a bit deceiving if you ask me.

CoinCrazyPA · September 13, 2010 3:15PM

link to thread

Here is the thread I was talking about.

ldhair · September 13, 2010 8:46PM

Is this guy trying to make them look like the old 10 digit slabs?
If so, that just seems wrong.

lkeigwin · September 13, 2010 9:25PM

Yes, it appears he is. I can see no other way to read this.

I wrote to him and asked about the holder. If he replies I'll share it.
Lance.

BillJones · September 13, 2010 9:53PM

The color of the green ink on the label looks wrong to me, but it could be the color balance on the picture; or I could be wrong. I’ve never been an admirer of PCI slabs.

lkeigwin · September 13, 2010 10:46PM

Here is his reply.
Lance.

"Hi I'm looking into the slabs i bought a big PCI deal and some of the slabs look new and some are old. Im only finding out now the difference.
I cant be sure but i do have a full refund policy if you do not like the coin
Kevin"

ColonelJessup · September 14, 2010 12:57AM

Unless I'm cinfused (don't pile on) David Lawrence Rare Coins (John Feigenbaum) bought PCI, retired the name, and now slabs his own product in DGS (?) slabs. He happily makes a buy/sell spread on anything in his holders. Sharp, honest, solvent, and I hear he has good service. One of the best platforms serving the hobby and run by a very savyy business mind with great ethics.

blu62vette · September 14, 2010 12:58AM

<< Here is his reply.
Lance.

"Hi I'm looking into the slabs i bought a big PCI deal and some of the slabs look new and some are old. Im only finding out now the difference.
I cant be sure but i do have a full refund policy if you do not like the coin
Kevin" >>

Wow. I heard he bought the equipment and was making new slabs.

lkeigwin · September 14, 2010 1:00AM

<< Unless I'm cinfused (don't pile on) David Lawrence Rare Coins (John Feigenbaum) bought PCI, retired the name, and now slabs his own product in DGS (?) slabs. He happily makes a buy/sell spread on anything in his holders. Sharp, honest, solvent, and I hear he has good service. One of the best platforms serving the hobby and run by a very savyy business mind with great ethics. >>

DGS is history.
Lance.

blu62vette · September 14, 2010 1:13AM

<< 

<< Unless I'm cinfused (don't pile on) David Lawrence Rare Coins (John Feigenbaum) bought PCI, retired the name, and now slabs his own product in DGS (?) slabs. He happily makes a buy/sell spread on anything in his holders. Sharp, honest, solvent, and I hear he has good service. One of the best platforms serving the hobby and run by a very savyy business mind with great ethics. >>

DGS is history.
Lance. >>

and the Ebay seller bought the equipment from DGS.

OchoReales · September 14, 2010 3:39AM

Kevin McNerney ( founder of NTC) bought DGS, (lock, stock and barrel) from John Feigenbaum in the last six weeks or so and has decided to 'resurrect' PCI. Looks as though he is trying to hook unassuming buyers by a) selling them alongside PCGS to make them look more believable and b) using the old green labels to further confuse less aware folks into believing that they are the 'older' PCI, conservatively graded coins and c) sell these coins based on the fact that PCI is still listed on the greysheet (furthering his goal of legitimacy).

Run, Forrest, Run!

crazyhounddog · September 14, 2010 4:38AM

>>This coin looks like it was minted yesterday!!!>>

So does the slab!! The images for this piece are not very sharp at all, and the slab just doesn't seem right. I would stay away from this auction...

RCDB · September 14, 2010 8:46AM

I don't know about the Gaudens, but the 87-S Morgan slab is all wrong. I've owned hundreds of these older PCI slabs and this one has several issues. First, the ten digit serial number on the reverse is indicative of the older green label slab. The sixes in MS66 should not be rounded, they should point straight up . Also, I have not seen any of the PCI slabs show PL on the same line as the grade. Back then, they put the PL indication in the top right corner. I wouldn't go near either of those coins.

DieClash · September 14, 2010 9:04AM

Interesting thread. So far, lots of comments about the plastic "slab" and nothing about the coin. Isn't this hobby about the "Coin and NOT the plastic". I'm no gold series expert, but I'd like to hear from the true hobbyists about this particular coin and not the debate about the "plastic" that it is in.

Manorcourtman · September 14, 2010 9:54AM

<< Interesting thread. So far, lots of comments about the plastic "slab" and nothing about the coin. Isn't this hobby about the "Coin and NOT the plastic". I'm no gold series expert, but I'd like to hear from the true hobbyists about this particular coin and not the debate about the "plastic" that it is in. >>

Dude, the people are trying to warn you about the coin and conclude what type of holder it is from PCI. I see either a counterfeit holder or a new version that most certainly does not have the same standards that the old respectable PCI had. The 10 digit reverse insert does not match the correct obverse font from the "good" old PCI holders. I'd run from this one. The Green PCI holder never had this combo of inserts. Conclusion: Warning Will Robison........ And how could you evaluate the coin from the Moon shot pics???

CoinCrazyPA · September 14, 2010 12:07PM

<< Interesting thread. So far, lots of comments about the plastic "slab" and nothing about the coin. Isn't this hobby about the "Coin and NOT the plastic". I'm no gold series expert, but I'd like to hear from the true hobbyists about this particular coin and not the debate about the "plastic" that it is in. >>

The moral of this is the person selling these is and passing them off as old PCI green labeled coins. Who cares what they are graded by the company now , the new co can say hmm it is maybe border line 65 and then slap a 66 on it,.

I have been informed the seller is not the maker of these.

Griv · September 14, 2010 12:18PM

This is madness!

DieClash · September 14, 2010 12:49PM

Manorcourtman & CoinCrazyPa, thanks for the clarification. I get it. Caveat emptor.

Cheers!

Kirk

machoponcho · September 14, 2010 1:13PM

Let me get this straight. . .

PCI is now legitimately owned by Kevin McNerney who has decided to go back to the old green PCI style.

The link in the OP leads to an eBay auction with a PCI green holder, a 1927 $20 graded MS66.

This is the new PCI green holder style.

The seller of this coin on eBay is not Kevin McNerney, the new owner of PCI.

The seller of this 1927 $20 thinks this is the old style PCI holder but is mistaken.

How am I doing so far?

CoinCrazyPA · September 14, 2010 1:48PM

The seller of this 1927 $20 thinks this is the old style PCI holder but is mistaken.

Are you sure he is mistaken? I know it has been brought to his attention!

The link in the OP leads to an eBay auction with a PCI green holder, a 1927 $20 graded MS66.

This is the new PCI green holder style.

Which is still being taunted as an old green and is misleading buyers. Ethical? I think not!

TWQG · September 14, 2010 1:56PM

Read his about me page. His name is Kevin.

CoinCrazyPA · September 14, 2010 2:09PM

So, he is a member of ANA, hmm

Maybe new topic should be ANA member passing off new PCI green labeled holders as old green holders.

lkeigwin · September 14, 2010 2:38PM

<< Let me get this straight. . .

1) PCI is now legitimately owned by Kevin McNerney who has decided to go back to the old green PCI style.

2)The link in the OP leads to an eBay auction with a PCI green holder, a 1927 $20 graded MS66.

3) This is the new PCI green holder style.

4) The seller of this coin on eBay is not Kevin McNerney, the new owner of PCI.

5) The seller of this 1927 $20 thinks this is the old style PCI holder but is mistaken.

6) How am I doing so far?

>>

Batting about 50/50. Pretty good on the first three items.
Lance.

kurtdog · September 14, 2010 7:47PM

I remember when DGS started up, they had a problem getting their slabs accepted on eBay. You know how eBay is, protecting the public and all. Um, anyway, I had been awaiting the big moment when their slabs would finally be accepted, and now this. Oh well. Easy come, easy go. I guess I crack my coins out of these defunct DGS slabs, now. Or, I wonder, is this new company standing behind these grades?

PerryHall · September 14, 2010 8:18PM

I have about a dozen conservatively graded gold coins in the old PCI slabs. I guess I'll have to get them regraded by another TPG.

Is this true?

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