casman

The topic as a reminder was varieties.  You claim thin, I claim otherwise.  I could very likely play the same today but I’ve done enough and have little interest in making money.

I’ll also disagree with your greater fools comment.  Collectors are not fools.

As far as your personal modern 70’s, many play the same game, yet have little to no 70’s.  I’d say it also depends on how many you sent in and to which tpg, 1, 10, 100?  In 2008 I had 120 2008/Reverse 2007’s.  I’d sent the best ones to California and the second best to Florida.  ÇA returned ZERO 70’s, whereas FL returned 45 70’s.  For that good for you.

On 4/10/2022 at 8:12 PM, VKurtB said:

Hardly. The market for them is ridiculously thin. Far more variety “finders” than variety “buyers”. Excess of supply relative to demand. 

I’d disagree with the ridiculously thin statement.  My examples:

59.99, Sold for $3,549

29.99, Sold for $3,500

$5, Sold for 4,500

$22, Sold for $1,500

Now, I could keep citing probably 100 more examples, but all this took was a little knowledge and eyesight.  I don’t play much these days as I can’t see like I used to, and really I’m indifferent.
I will agree that once the adequate supply has been filled, that it’s time to focus on other low pop varieties.  
 

As far as thé modern 70 ratios, they are skewed by requests not to holder the 69’s.  So if 1,000 coins go in, and 400 for example obtain a 70, it would show in the pop report as 0-69’s and 400-70’s.  People misinterpret this as “High” number/percentage of 70’s.  Just my opinion.  

My PCI coin referenced above was the purple label signature series signed by Tomaska.  I could visually see the residual CAM in the areas that were not toned.  

On 4/1/2022 at 4:05 PM, Woods020 said:

What is a designator?

CAM/DCAM, PL etc.

On 3/30/2022 at 3:26 PM, VKurtB said:

I’ve heard that often, but I SEE it in action almost never. This market DOES buy the holder. 

I’ll have to agree, many buy the holder not the coin.  I had a particular PCI graded coin, I bought it for $60, had a buyer at $5K if it crossed at PCGS, it crossed, but it lost the designator likely due to the extreme toning.  

I’m fairly certain someone doesn’t like D Carr.  I recall a complaint being filed which is public, meaning others can see it.  I tried to follow the issues but got distracted by a concept that those that torture animals are likely to also be serial killers.

On 2/22/2022 at 10:16 AM, RWB said:

That's what the books are for. Even nicer when you can pick then out of a crabby dealer's stock, too!

OK, So then not just for beer can tabs?  I don’t personally know any crabby dealers but know a few jerks.  I can say however, that I’d picked just about all of them from coin dealers at one time or another including JTS which was strange but I did include the other CPG book which he had for sale.

The CPG’s are a must have.  If you can see and are not otherwise a complete goofball there are literally hundreds of coins that are easily obtainable for pocket change.  I’m surprised (not really) by some of the comments here though considering the source it’s expected.  With just the book, I’d Cherry picked my first coin in under 3 weeks.  Paid $60, later sold for $3,549.  Thought that was interesting, so Cherried another, paid $28, sold $3,500.  I went on to find approx 20 more of that variety before deciding to focus on a different coin.  Had similar results with that coin.  Cherry picked a few Lincoln varieties right out the gate, paid $46 for the pair.  Sold both for a total of $2,250.  Best was a pick at $5 free shipping.  That coin sold for $4,500.  I could go on and on but in my opinion these books are great fun.  I don’t play coins much these days as I’ve lost interest but to say these books are anything other than amazing is just plain stupid.

Interesting thread.  Why did the OP grade that IHC as AU+?  

RB:  I’m still wondering about the peace dollar plaster molds being cast in iron or bronze?

I think a person admitting they were wrong also goes a long way in improving credibility.  
 

 

Rant HaHa.  Are you a ghost?  This place is a ghost town...specific enough?

Not sure who is responsible for the new format and or marketing of the brand but the pink slips go out Monday.  I would fire everybody and start over.  This is the consensus within the numismatic community.

It's worth 1 cent.

In my experience ICG is lets just say more liberal and often 2 points high.  The others are often closer depending on the coins.  For bullion, ie Silver Eagles, NGC more liberal with the 70's, PCGS more conservative.  Keep in mind, grading is subjective as they say.

On 3/4/2017 at 6:37 PM, casman said:

PCGS has been very sloppy as of late from improperly labeled coins to improperly attributed varieties.  The one referenced in this thread was a fairly large mistake but at least it wasn't sold.  

I'm aware of several coins improperly attributed varieties that "were" subsequently sold for several thousand and they are nothing more than  $10 dollar coins.  PCGS was informed of these obvious errors and fortunately there are trueviews of the misattributed coins but to date they have

done...wait for it...nothing~!

Seems a screw up has to be in the tens of thousands otherwise it's just not important.

And yet another misattribution.  Per the thread ats this coin was on Ebay, and the seller was notified of the mistake as was PCGS.  Now this coin has been sent off to GC.  

https://www.greatcollections.com/Coin/564952/1952-D-Washington-Quarter-Large-D-FS-501-PCGS-MS-65

Clearly not the large D, and clearly bad for the hobby.  What's the purpose of Cert verification?

And here's a link to thread ats 

https://forums.collectors.com/discussion/996619/what-would-you-do-what-should-pcgs-do

What will they do?  If they follow past practice, they will do nothing, except maybe Ban the poster of that thread, they strongly dislike open criticism.

Procedurally, GC notifies PCGS to review their images, if PCGS doesn't confirm Ian will pull it.  

That's what happened with the last misattribited coin I reported.  It was pulled by GC.  But the coin itself is still out there, cert number and coin facts pop report shows it as the only 1953 Proof Lincoln FS-402 PR65 Cam.  

And yet another example of the sloppy attribution work ATS.  I have messaged GC and informed them of this clear misattribution.  Not even close to the FS-402.  I would have posted over there but OH ya, they bammed me for letting them know their customer service phone link connected their customers to the wrong number which rang busy 24/7. 

Here's a link: http://www.greatcollections.com/Coin/458719/1953-Lincoln-Cent-Re0Engraved-Design-FS-402-PCGS-Proof-65-RD-CAMEO

PCGS has been very sloppy as of late from improperly labeled coins to improperly attributed varieties.  The one referenced in this thread was a fairly large mistake but at least it wasn't sold.  

I'm aware of several coins improperly attributed varieties that "were" subsequently sold for several thousand and they are nothing more than  $10 dollar coins.  PCGS was informed of these obvious errors and fortunately there are trueviews of the misattributed coins but to date they have

done...wait for it...nothing~!

Seems a screw up has to be in the tens of thousands otherwise it's just not important.