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GabeSenior Member
Posts: 691 Joined: 11 Jul 2003 Location: Gainesville, FL
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Posted: Mon Nov 27, 2006 7:01 pm |
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It sure bothers me when PCGS, NGC and ANACS use the wrong terms to describe doubled dies, RPMs and other mint mark varieties. Here is a perfect example...
Mint Error...?!
_________________ -Gabe
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DickExpert Member
Posts: 5780 Joined: 21 Sep 2006 Location: Rialto, CA.
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Posted: Mon Nov 27, 2006 10:26 pm |
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Gabe, What does "TPG" stand for???
Dick
_________________ " Deja Moo: The feeling that you've heard this bull before".
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ldarrellcSenior Member
Posts: 510 Joined: 05 Oct 2006
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Posted: Mon Nov 27, 2006 10:34 pm |
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Toilet Paper Graders?
_________________ Remember All My coins I show and display are for sale or trade. Just PM me or email me. TY
Last edited by ldarrellc on Tue Nov 28, 2006 7:54 am; edited 1 time in total
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GabeSenior Member
Posts: 691 Joined: 11 Jul 2003 Location: Gainesville, FL
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Posted: Mon Nov 27, 2006 10:50 pm |
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Third party graders.
_________________ -Gabe
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eagamesExpert Member
Posts: 3013 Joined: 15 Nov 2005
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Posted: Mon Nov 27, 2006 11:15 pm |
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It's not an "ERROR" it's a variety.
IMHO I think I know why it was done that way, it was submitted under their mint error special. You can tell by the E in their number. They put that "ERROR" notation on all of the ones submitted that way. They had some special for 5 coins submitted for their "MINT ERROR SPECIAL" and it was $18 each. If you submit it the other way it was $15 for grading plus $15 for attribution so someone saved $12 on it. If they submitted it the other way (grading and attribution) it wouldn't say "ERROR" but cost $12 more.
It highlights a problem with graders, they're hard to deal with. They don't publish a clear description of what they realy offer, PCGS leaves that to the club members or dealers to figure out that don't have a clue themself.
PCGS also makes up their own terminology. A good example is they use the word "TYPE", for example a 71-s proof die 1 to PCGS is what they call "TYPE 2" but the 71-s proof die 2 is what they call "TYPE 1".
_________________ Ed
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DickExpert Member
Posts: 5780 Joined: 21 Sep 2006 Location: Rialto, CA.
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Posted: Tue Nov 28, 2006 12:27 am |
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Thanks, Gabe. I didn' think of that one! It does confirm my decision to avoid the TPG's, at all cost! I have heard somw wild stories about the "grading", and "slabbing", scenario. None of it good!. I'll stick with the known, (and respected), attributors, amongst us! If I were "filthy rich", and had little or no scruples, I could have a collection of nothing but MS70's, and PR70-UDC, but, I'm not, and I sleep well at night! In a word, (or two), one gets what one PAYS for!
Dick
_________________ " Deja Moo: The feeling that you've heard this bull before".
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coopExpert Member
Posts: 3402 Joined: 17 Sep 2003 Location: Arizona
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Posted: Tue Nov 28, 2006 6:45 am |
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Darrell Wrote:
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Toilet Paper Graders?
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I like that one! Fits the bill just right.
_________________ Richard S. Cooper
You may be only one person in the world, but you may also be the world to one person.
Last edited by coop on Tue Nov 28, 2006 7:47 am; edited 1 time in total
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ldarrellcSenior Member
Posts: 510 Joined: 05 Oct 2006
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Posted: Tue Nov 28, 2006 7:41 am |
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Thanks Coop it isnt a Rodney But I do My best
_________________ Remember All My coins I show and display are for sale or trade. Just PM me or email me. TY
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EarwigVeteran Member
Posts: 287 Joined: 01 Mar 2006 Location: Michigan
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Posted: Tue Nov 28, 2006 8:15 am |
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And here i thought PCGS was the best of the best i would hate to be a fourth party grader
Eric
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coppercoinsSite Admin
Posts: 2809 Joined: 29 Jun 2003 Location: Springfield, Missouri.
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Posted: Tue Nov 28, 2006 8:37 am |
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Actually I believe the photo was originally posted because of the very sloppy notation of the type of variety, not just the fact that it's not an error. "Repunched MM" is not and has never been a correct notation for "repunched mintmark" or "RPM". It just looks amateurish and stupid.
You would think a company that clears a billion plus a year could afford someone to educate them as to how to handle die varieties.
_________________ C. D. Daughtrey
owner, developer
www.coppercoins.com
cd@coppercoins.com
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