Coin Grading & Attribution

Post anything about coin grading holders, questions, images, facts announcements. If it's in, or about, or is a coin holders this is where to post it.

Moderator: Daniel

Post Reply
Message
Author
User avatar
PALH1
Master Die Variety Attributer
Master Die Variety Attributer
Posts: 3537
Joined: Wed May 29, 2013 9:19 pm

Coin Grading & Attribution

#1 Unread post by PALH1 » Wed Dec 11, 2013 12:31 am

there is a saying "buy the book before you buy the coin, & buy the coin, not the slab"....
so with that in mind....

here is a 'graded & error variety attributed' coin i came across.
these 'snow 8' coins are a "multi-denominational clashed" variety.

every so often i have someone send me a coin from this company. 8 seperate times now. they were all 'attributed as a variety'. 5 quarters, 1 nickel, & 2 flying eagle cents. all were 'labeled' as 'doubled dies'. 7 OF THE COINS were NOT 'error' coins AS INDICATED ON THE 'LABEL'. :s
i asked each one "how did you come about owning this coin"? pretty much they all bought them as they 'looked in their CPG (cherrypickers' guide), & decided to own one'. i received some very nasty emails after they got the not-so-good news. 1 collector emailed me back 5 weeks later with an apology, after he sent his coin to NGC.

since I HAVE NOT 'seen' this coin 'first hand', i CAN NOT be 100% sure here.......but......would i bet $1 that it IS a clashed variety? NO. would i wager $100 that is was NOT the snow 8 clashed variety? YES. why?.....because these are 'my primary' coin i 'buy & c-o-l-l-e-c-t',...for 44+ years now. i can spot a flying eagle cent variety from across the street, in the dark, on a foggy night, wearing sunglasses.

do i expect an response to 'my question'? NOPE! not after he looks at my 'home-page' & sees who i am....copying the crummy reverse picture, cleaning up the image, & enlarging it,... i still see no indication of the clash over the 'most protected area' (from rub/wear) over the 'E' in cent. is this just a later die state weaker clash??....possible, almost anything is possible....but i know EXACTLY what this variety 'looks like' in the later die states......the obverse hit is very slightly skewed. not here.

why does this guy (ME) keep making posts like this i wonder?.....you ask yourself.
i will tell you!......because i am seeing a majority of the modern day buyers that have been so bam-boolzed (another numismatic term) by these 'grading companies', that you believe ANYTHING THEY PRINT ON A 'LABEL'!

the junk that's being purchased for the prices currently paid is staggering! you must remember, a majority, not all, of the coins 'sold on-line' are sold on-line with a half-a** picture(s) for a reason,... because you would never buy it after you inspected it FIRST HAND under magnification.

excuse.....ramb'n
slow day, nuff'n big found after 7 hours hugeeyes 'searching' today

mark, pm me, you finish IHC var s guides 2x?
Attachments
57 S8 25REVCLSH 901.jpg
CU1.jpg
CU2.jpg
ECRAP MESS2SELR.JPG
ECRAP LIST.JPG
ECRAP LIST R.jpg
SLB NO8.jpg
Last edited by PALH1 on Wed Dec 11, 2013 10:31 am, edited 1 time in total.



User avatar
Daniel
Administrator
Administrator
Posts: 11218
Joined: Wed Jan 28, 2009 4:59 pm
Location: Ohio
Contact:

Re: Coin Grading & Attribution

#2 Unread post by Daniel » Wed Dec 11, 2013 9:11 am

Thanks for posting and Paul and keep it up. I share every post to spread the word, don't care whom it annoys. Collectors are getting bamboozled out of their hard earned money out of the auspice, "if it's on the holder then it must be accurate."

I am a Morgan Dollar grading specialist and see the same thing with over-graded coins, cleaned coins being called DMPL or even DMPLs being referred to as proofs. Dates and mints like the 1884-S, that's worth a premium in AU and skyrocket in MS, being cleaned or sellers using light reflections and shadows in the images to make a VF or EF appear AU or better.

The list goes on and on and I don't intend to turn this into a rant on other coin types, but it's a rampant problem involving most popular coin types.

It makes it even worse when the TPGs get it wrong. It makes me wonder if ICG shouldn't be contacted about their error with certification number?

User avatar
PALH1
Master Die Variety Attributer
Master Die Variety Attributer
Posts: 3537
Joined: Wed May 29, 2013 9:19 pm

Re: Coin Grading & Attribution

#3 Unread post by PALH1 » Wed Dec 11, 2013 9:58 am

unfortunatly, once it's 'out the door'......
but i know for a FACT, that 'small submits' get error attrubuted by the employees in the receiving dept. :s
they even admit it. just ask some open ended questions that make them think you are a dumba**. it's amazing what they will tell you.

i read a blog a few months ago of some guy that traded for 20 'label attributed' PCGS morgan vars....he was P.O.'d after he finally took a good look. 14 of them were incorrect!

dipper13
Forum Supporter
Forum Supporter
Posts: 1029
Joined: Sun Oct 03, 2010 8:24 pm

Re: Coin Grading & Attribution

#4 Unread post by dipper13 » Wed Dec 11, 2013 12:58 pm

Paul, there is a very good explanation for these slabs!!! ICG stands for I Cant Grade. Dan

User avatar
PALH1
Master Die Variety Attributer
Master Die Variety Attributer
Posts: 3537
Joined: Wed May 29, 2013 9:19 pm

Re: Coin Grading & Attribution

#5 Unread post by PALH1 » Sat Dec 14, 2013 11:21 pm

it is important for collectors who require the correct variety 'label attribution' on their 'slabs', that you must research the 'company' you are having encapsulate your coinage.
:eureka:
here is just 1 sample of a 'WAY, WAY OFF' error service offered by a, what most call, "A TOP GRADING COMPANY".... some companies tell you they 'only attribute early die state' coins.

i have personally submitted several 'EDS' coins to a particular company with this policy, that were returned incorrectly or completely un-attributed.......of these coins, as they appear in the CPG, many of them that are listed/imaged there are not eds strikes, as the visible 'PUP' is a large cud / chip / die line, so on, that form post EDS. MANY of these 'pups' are not present in EDS form, & therefore are NOT attributed because they 'do not look like' the images in the book.

look closely at this ONE EXAMPLE from a company, of their very MANY way off.......well, let's just say, take the 1857 401a RPD obverse of 1856 on the flying eagle cent. this specific 'a' RPD die pair is NOT ANYWHERE EVEN REMOTELY CLOSE(to me) to the 'b' (5 known)......thay they call a "later die state" of the re-punched 'a' variety.
Attachments
WM NOT 401a NGC INFO.jpg

Post Reply

Who is online

Users browsing this forum: No registered users and 25 guests