Conder101

I don't think there is anything special about it.  It may be what some people call a "Black Beauty" that was the result of an unusually dark color to the alloy.  I don't see anything that could be called a mint error.  Ignore the odd appearance of the "rims", this is in a PCGS unsert of the soft silicone variety that often wraps over and hides the rims of the coin. The overwrap can make it look like damage of cudding on the "rims".

Yes it does show the results of a clashed die.  The clashing make have been what caused the die to break, or the die may have already been broken when the clash occurred.  Impossible to say which unless you were able to accumulate a lot of coins from the same die pair and then arrange them by die stage.

I don't think there is anything special about it.  It may be what some people call a "Black Beauty" that was the result of an unusually dark color to the alloy.  I don't see anything that could be called a mint error.  Ignore the odd appearance of the "rims", this is in a PCGS unsert of the soft silicone variety that often wraps over and hides the rims of the coin. The overwrap can make it look like damage of cudding on the "rims".

Yes the holders will have a tolerance range.  The question is what IS that range?  No one knows.  Then when you combine the tolerance ranges on both I seriously doubt you would be able to tell anything about authenticity of a coin based on weighing the coin in the holder unless the weight of the coin is SERIOUSLY off.

Which means that if they bring in their receipts they will be paid for their gold at $35 an oz. and their silver at $1.29 an oz.

Q1  All 1856 were, in theory, struck as Proofs (Yes I know they weren't but the TPG's had so much trouble separating the Proofs from the Unc that they finally decided to just call ALL of them Proof.)  So Net Proof-12 Details Graffiti means that it is a Proof, it has deliberate scratching of something on the surface (graffiti) and because of that if has had its grade reduced to that of a 12 grade coin (the net grade)
Q2. As Sandon says I would also want to see a good image to be able to tell how bad the damage was so I could decide if the had reduced the grade enough or not enough.
Q3. GC's bank is willing to accept checks and/or money orders from them.

Yes the holders will have a tolerance range.  The question is what IS that range?  No one knows.  Then when you combine the tolerance ranges on both I seriously doubt you would be able to tell anything about authenticity of a coin based on weighing the coin in the holder unless the weight of the coin is SERIOUSLY off.

It appears to be your typical environmentally damaged coppernickel coin, but I an intrigued by your comment that it is magnetic.  Coppernickel alloy nickels shouldn't be magnetic.  Are you sure it is?

Or with a little patience and gentle rhythm they can turn a right-side up coin/slab into an upside down one and sell it for a premium.
My understanding of the reason the black NGC's were holder in the orientation they were was because NGC listened to a consultant who told how critical it was for them to have their logo prominently placed on the front of the slab so it was the first thing seen.  So the logo went on the front and the label went on the back.  Collectors and dealers hated it and the color so almost immediately both were changed, white insert with label on the front and logo on the back.  Then the problem was the plain white label disappeared on the white insert and that was quickly changed as well.


That has been the going rate lately, about $4,000 over and above the value of the coin.
Someone needs to report these to the census thread ATS  https://forums.collectors.com/discussion/785123/ngc-black-slab-census-now-42-documented
None of these are listed on the census, it will bring the known listings up to 48 pieces since the census began over 13 years ago.  I can't do it because I'm banned over there.

Or with a little patience and gentle rhythm they can turn a right-side up coin/slab into an upside down one and sell it for a premium.
My understanding of the reason the black NGC's were holder in the orientation they were was because NGC listened to a consultant who told how critical it was for them to have their logo prominently placed on the front of the slab so it was the first thing seen.  So the logo went on the front and the label went on the back.  Collectors and dealers hated it and the color so almost immediately both were changed, white insert with label on the front and logo on the back.  Then the problem was the plain white label disappeared on the white insert and that was quickly changed as well.


That has been the going rate lately, about $4,000 over and above the value of the coin.
Someone needs to report these to the census thread ATS  https://forums.collectors.com/discussion/785123/ngc-black-slab-census-now-42-documented
None of these are listed on the census, it will bring the known listings up to 48 pieces since the census began over 13 years ago.  I can't do it because I'm banned over there.

That's true for most people, 

For the 1971 to late 20 teens no.  Most of them sell for less than their issue price (mintages were high, in the 2 to 4 million range).  But for the past few years the mintages of the proof sets have dropped so low that they  now hold their value or even go up in value.(mintages as low as around 750,000 sets.)  

You probably have a fair chance at getting you purchase price back from paypal, as long as you didn't use the "family and friends" option to get arounf th fees.  But the customs fees and the NGC fees are basically gone.

For the 1971 to late 20 teens no.  Most of them sell for less than their issue price (mintages were high, in the 2 to 4 million range).  But for the past few years the mintages of the proof sets have dropped so low that they  now hold their value or even go up in value.(mintages as low as around 750,000 sets.)  

For the 1971 to late 20 teens no.  Most of them sell for less than their issue price (mintages were high, in the 2 to 4 million range).  But for the past few years the mintages of the proof sets have dropped so low that they  now hold their value or even go up in value.(mintages as low as around 750,000 sets.)  

But a great many of those attracted will be driven off once they find that those coins they sank so much money into are now just worth bullion value at best.  A great many people who get burned don't stick around to sing the praises of collecting, they bad mouth it to others as being a rip off.

Might not even be from the same die.  Take two die pairs and have each of them clash, the alignment of the die features will be exactly or almost exactly the same on both die pairs, so the die clash marks will most likely be very nearly the same.  Or at least in the same place.  Difference in the die clashs could result from differences in the hardness of the dies when they clashed, difference in the force when the dies clashed, or how much wear the different dies have received since they clashed (wear from use or polishing)

Might not even be from the same die.  Take two die pairs and have each of them clash, the alignment of the die features will be exactly or almost exactly the same on both die pairs, so the die clash marks will most likely be very nearly the same.  Or at least in the same place.  Difference in the die clashs could result from differences in the hardness of the dies when they clashed, difference in the force when the dies clashed, or how much wear the different dies have received since they clashed (wear from use or polishing)

Might not even be from the same die.  Take two die pairs and have each of them clash, the alignment of the die features will be exactly or almost exactly the same on both die pairs, so the die clash marks will most likely be very nearly the same.  Or at least in the same place.  Difference in the die clashs could result from differences in the hardness of the dies when they clashed, difference in the force when the dies clashed, or how much wear the different dies have received since they clashed (wear from use or polishing)

Told you it wouldn't take you long before you would be able to start answering questions for newbies.

Is it actually gold or gold plated?  If it was used as jewelry a gold plating is very possible.

And the values in neither one bear any relationship to real-life.

The blue book is still around because enough people still buy it to make it profitable to Whitman to publish it.

Well according to an online English to Latin translation site submit is submittere, and submitter is submitter
The phrase "Let the submitter beware" translates as "Sit submitter cave"

Hate to tell you but this has been going on in coins for years already.  It isn't too unusual for high end coins to be jointly owned. Leon Hendrickson had a partner back when he bought the Dexter 1804 dollar back in the 1980's.  He did eventually buy out his partners share a couple years before the coin nearly became the first coin to sell for a million dollars (sold for $990,000.)  I've known of many coins that have been purchased at auction by a joint partnership.