A costly mistake avoided

Hi everyone. Within the last 4 months an NGC MS68RD 1964 Lincoln Memorial sold for $2000 and at the time the seller said it had a population of 1. Shortly thereafter, this example came up for sale and of course I was interested in adding this coin to my Lincoln Memorial Circulation sets. I check NGC Population Report and it did show a population of 2. The seller of this coin listed it several times on Ebay and would drop the price each time it did not sell and re-list it. As the price continued to drop I became more interested in the coin. I mentioned this coin to a seller that I have been dealing with and who is I believe one of the best on Ebay and he sent me a message back right after looking at the listing and told me it was not a MS68RD example of this coin but a PF68RD example of this coin and it had been labeled incorrectly by NGC. I am not sure if the seller of this coin knew that this coin was mislabeled but Ebay did remove the listing and NGC did correct the population report. All I can say is that I dodged a bullet and a big thank you for someone looking out for me. As always, thanks for looking and Happy Collecting

To see old comments for this Journal entry, click here. New comments can be added below.