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PCGS ain't so perfect after all..



 
 
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  #1  
Old May 18th 06, 02:07 AM posted to rec.collecting.coins
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Default PCGS ain't so perfect after all..

The PCGS Price Guide is currently showing 2004 20 coin Mint sets at
$1475.00. Oops. Look fast before they fix it. Or don't, I don't care. ..

Hmm.. if they can make a blunder like that, then Shirley they blundered on
grading all my Modern commems as MS69s. Should all be MS70s.


Harv
("Conclusion - they think he is insane, and yet, he out-ranks them." -
Firesign Theatre..) ..



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  #2  
Old May 18th 06, 04:55 PM posted to rec.collecting.coins
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Default PCGS ain't so perfect after all..


Harv wrote:
The PCGS Price Guide is currently showing 2004 20 coin Mint sets at
$1475.00. Oops. Look fast before they fix it. Or don't, I don't care. ..

Hmm.. if they can make a blunder like that, then Shirley they blundered on
grading all my Modern commems as MS69s. Should all be MS70s.

Harv


I don't know whazzup with PCGS. I, too, collect modern commems, and
for some years I've been sending them in, twenty at a time, and
invariably
getting them back as MS/PF 69s.. Next to last order, I sent 'em in and
3 came back as MS-68! I thought maybe they tightened the standards.
Then I sent 10 Franklins in and 5 of them came back MS/PF 70! I've
sent
in hundreds of coins, and never got a 70 before.

Regards,
Tom

  #3  
Old May 18th 06, 05:15 PM posted to rec.collecting.coins
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Default PCGS ain't so perfect after all..

"winwin" both lamented and rejoiced when he stated:
I don't know whazzup with PCGS. I, too, collect modern commems, and
for some years I've been sending them in, twenty at a time, and
invariably
getting them back as MS/PF 69s.. Next to last order, I sent 'em in and
3 came back as MS-68! I thought maybe they tightened the standards.
Then I sent 10 Franklins in and 5 of them came back MS/PF 70! I've
sent in hundreds of coins, and never got a 70 before.


Wow, way to go Tom! A handful of 70s beats a handful of Aces, doesn't it?
Wait! Maybe I've gotten my games mixed up. :-) But in either case, you
gotta know when to hold 'em...

Amistad
'those big numbers could put a man on shoutin' ground!'


  #4  
Old May 18th 06, 05:44 PM posted to rec.collecting.coins
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Default PCGS ain't so perfect after all..

winwin wrote:
....
Then I sent 10 Franklins in and 5 of them came back MS/PF 70! I've
sent
in hundreds of coins, and never got a 70 before.


MS/PF 70 in a PCGS holder is a rare thing indeed. Congratulations! Good
fortune must have been smiling down on you that day.

Anita

  #5  
Old May 18th 06, 06:38 PM posted to rec.collecting.coins
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Default PCGS ain't so perfect after all..

I hope it's a mistake. I sold some sets a couple of weeks ago for $62 each.
I'll be kicking myself if I could have gotten an extra $1413 apiece.


--
Richard
Blessed is the man who expects nothing, for he shall never be
disappointed" -- the ninth beatitude.
Alexander Pope (1688-1744) English poet



"Harv" wrote in message
...
The PCGS Price Guide is currently showing 2004 20 coin Mint sets at
$1475.00. Oops. Look fast before they fix it. Or don't, I don't care.
..

Hmm.. if they can make a blunder like that, then Shirley they blundered on
grading all my Modern commems as MS69s. Should all be MS70s.


Harv
("Conclusion - they think he is insane, and yet, he out-ranks them." -
Firesign Theatre..) ..





  #6  
Old May 18th 06, 06:54 PM posted to rec.collecting.coins
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Default PCGS ain't so perfect after all..


"Richard L. Hall" wrote in message
...
I hope it's a mistake. I sold some sets a couple of weeks ago for $62

each.
I'll be kicking myself if I could have gotten an extra $1413 apiece.


Yeah, it's obviously a mistake since 2004 Mint sets are listed there twice -
once at $80 and right below that at $1475. But it's kinda funny. There's no
reason in the world why they would legitimately put a $1475 value on 2004
Mint sets unless there is some special error variety of 2004 Mint sets I
don't know about.

I do have a 2005 Mint set that came straight from The Mint that has two
Calif. quarters in two pockets of one of the cello packs and is missing one
of the other State quarters. I know it's just a packaging error, but I've
been tempted to put it on eBay just to see what I could get for it.

Harv


  #7  
Old May 18th 06, 08:42 PM posted to rec.collecting.coins
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Default PCGS ain't so perfect after all..


"Harv" wrote in message
...

"Richard L. Hall" wrote in message
...
I hope it's a mistake. I sold some sets a couple of weeks ago for $62

each.
I'll be kicking myself if I could have gotten an extra $1413 apiece.


Yeah, it's obviously a mistake since 2004 Mint sets are listed there
twice -
once at $80 and right below that at $1475. But it's kinda funny. There's
no
reason in the world why they would legitimately put a $1475 value on 2004
Mint sets unless there is some special error variety of 2004 Mint sets I
don't know about.

I do have a 2005 Mint set that came straight from The Mint that has two
Calif. quarters in two pockets of one of the cello packs and is missing
one
of the other State quarters. I know it's just a packaging error, but I've
been tempted to put it on eBay just to see what I could get for it.

Gee! I've been ordering mint and proof sets from the mint since 1970 or so
and I've never gotten one of those packaging errors, and none of the missing
S sets or the Type 2 or Type 1 sets from the right years.. I guess I just
don't live right.

Good luck with the set on Ebay. I've yet to sell anything on Ebay and have
only bought a few things, usually coins from 1943 (my birth year). I have a
rating of 12 or so and I've been a member since 2000 or so. Maybe I'll
have to look into it. I'm in a "now, where did I get that?" mode. So
selling things might be in the offing.

Have fun!


--
Richard
My coin Links:
http://coins.richlh.com/Coins/MyCoinLinks.htm


  #8  
Old May 18th 06, 08:59 PM posted to rec.collecting.coins
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Default PCGS ain't so perfect after all..


"Richard L. Hall" wrote in message
...

Gee! I've been ordering mint and proof sets from the mint since 1970 or

so
and I've never gotten one of those packaging errors, and none of the

missing
S sets or the Type 2 or Type 1 sets from the right years.. I guess I just
don't live right.


As far as I can recall, this is the first packaging error type anything I've
ever gotten from The Mint. But it's a far cry from those "No S" Proof sets,
some of which are worth thousands of dollars. I don't know if I'll eBay this
mis-packaged Mint set or not. I don't have a clue what someone might pay for
it. Maybe double issue price. Maybe ten times issue price. Maybe under issue
price. Who knows, but I certainly would't start it at a dollar and just wait
to see what happens. With something like this, with no real established
price for it, I'd start it much higher, if I decide to sell it.

I've been buying and selling on eBay since 1998 and have gotten some very
surprising money for many things I've sold. But I NEVER start anything at a
dollar. There's a distinct possiblity that eBay could go down just as my
auction is closing shutting out the snipers and I'd end up actually having
to sell something valuable for peanuts. This hapened to me once a few years
ago and I lost many hundreds of dollars on some rare die-cast toy catalogs
that people were furiously bidding on when eBay went down and stayed down
for two hours. Yeah I got my fees back, but I got reamed on the selling
prices. I got $30, $40, $50 each for the catalogs and one bidder said he was
set to punch in multi-hundred dollar bids on all of them when eBay crashed.
And that's why I'll never start any auction at a buck. Ever.

Ask Ira if he'd start an 1856 MS65 Red Flyer at a dollar. .. certainly
not an exact comparison, but it's the same principle. Althogh it's gotten
better over the years, eBay simply isn't crash-proof and being that way, a
seller takes a huge risk starting an expensive or potentially expensive item
at a lowball price.

Harv



  #9  
Old May 19th 06, 09:13 PM posted to rec.collecting.coins
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Posts: n/a
Default PCGS ain't so perfect after all..


"Harv" wrote in message
...

"Richard L. Hall" wrote in message
...

Gee! I've been ordering mint and proof sets from the mint since 1970 or

so
and I've never gotten one of those packaging errors, and none of the

missing
S sets or the Type 2 or Type 1 sets from the right years.. I guess I
just
don't live right.


As far as I can recall, this is the first packaging error type anything
I've
ever gotten from The Mint. But it's a far cry from those "No S" Proof
sets,
some of which are worth thousands of dollars. I don't know if I'll eBay
this
mis-packaged Mint set or not. I don't have a clue what someone might pay
for
it. Maybe double issue price. Maybe ten times issue price. Maybe under
issue
price. Who knows, but I certainly would't start it at a dollar and just
wait
to see what happens. With something like this, with no real established
price for it, I'd start it much higher, if I decide to sell it.

I've been buying and selling on eBay since 1998 and have gotten some very
surprising money for many things I've sold. But I NEVER start anything at
a
dollar. There's a distinct possiblity that eBay could go down just as my
auction is closing shutting out the snipers and I'd end up actually having
to sell something valuable for peanuts. This hapened to me once a few
years
ago and I lost many hundreds of dollars on some rare die-cast toy catalogs
that people were furiously bidding on when eBay went down and stayed down
for two hours. Yeah I got my fees back, but I got reamed on the selling
prices. I got $30, $40, $50 each for the catalogs and one bidder said he
was
set to punch in multi-hundred dollar bids on all of them when eBay
crashed.
And that's why I'll never start any auction at a buck. Ever.


I'll remember that if I ever try to sell something on Ebay.

Ask Ira if he'd start an 1856 MS65 Red Flyer at a dollar. .. certainly
not an exact comparison, but it's the same principle. Althogh it's gotten
better over the years, eBay simply isn't crash-proof and being that way, a
seller takes a huge risk starting an expensive or potentially expensive
item
at a lowball price.

Harv





  #10  
Old May 19th 06, 09:31 PM posted to rec.collecting.coins
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Default PCGS ain't so perfect after all..

On Fri, 19 May 2006 16:13:28 -0400, Richard L. Hall wrote:

"Harv" wrote in message
...


I've been buying and selling on eBay since 1998 and have gotten some very
surprising money for many things I've sold. But I NEVER start anything at
a
dollar. There's a distinct possiblity that eBay could go down just as my
auction is closing shutting out the snipers and I'd end up actually having
to sell something valuable for peanuts.


I'll remember that if I ever try to sell something on Ebay.


Hm. I'm not sure I'd be concerned about that these days. Let's put it
a bit more strongly. I am not concerned about that, and just listed
that 21-D walker starting at $0.99 - why? Why not.

If you have something of limited demand, that you'll get one or two bids
on, start the bidding at what you'd settle for if you only get one bid.
If it's something that historically gets a dozen or more bids, start it
low to build some momentum is my thinking. As far as downtime - I know
some about the internals that were changed after the little incident I
think he's referring to. And, if they _were_ to go down (because I
know, even the best redundantly-designed system can fail), I'd end the
auction of a high-value piece and re-spin it once they get their stuff
together.

 




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