Major whoops for sale on eBay!

[Frank]

Came across this hunting for doubled dies this morning. It's a PF67 Jefferson DDR, but the ANACS label reads DDO!!

Oh, and it's a BIN...for $20. If I had it to spare, I'D be nabbing it for sure!!

http://www.ebay.com/itm/182238858502?_trksid=p2055119.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT

[jfines69]

I guess it depends on ANACS or the sellers definition of obv Wonder if the wrong pics were put up???

[Frank]

Sent the seller a msg, but never heard back...just tryin' to help a fellow coiner out!

[jfines69]

Cool... Sometimes their intent is to be dishonest I think most of the time it is just lack of knowledge coupled with an oops my bad syndrome

[Frank]

Agreed! Think mis-labeled slabs bring quite a premium as well too. The auction ended, and he hasn't relisted it yet...never got a response from my msg either. Ah well

[Frank]

I posted here in case anyone wanted to snap it up!

[GrumpyEd]

Think mis-labeled slabs bring quite a premium as well too.

Not always, it might add a premium on a normal coin like you get a cent graded and they label it a "Trade $" on the slab, then people want it as a show and tell piece but messed up attribution stuff might be a negative.

If you get batches of coins attributed you'll be pulling your hair out seeing all the slab errors you get back.
Not knocking ANACs but I used to send bunches of 20-30 varieties and then wait to see them post the result.
Almost always the thing they'd post was a mess, many things missing attributions or wrong. Then when you got the coins back many things that were wrong in what they posted were right on the slabs but still a lot of ones wrong or just saying DDO or DDR without numbers etc... With most submissions I was sending back a coin from the last submission for fixing.

Another "gotcha" is like on the coin in this thread you see a mistake, people assume the grade is right but only something else is wrong. But the grade may also be wrong. Sometimes you send a submission and get back coins in the wrong slab, like you send 2 varieties and get back both in eachothers slab with eachothers grade and attribution.

Even PCGS can goof. They probably fixed it but for years the example of the rare 1972 die-4 they had on coinfacts was really a die 7 with the lip bump. A bad attribution that made a $50 coin into several thousand dollar coin if someone buys it based on the slab.

The big problem is when a lower value coin like that 72 die-4 gets mis-attributed nobody want to deal with it. You see them on ebay and tell the seller. They could try sending it to be fixed but the grading company will probably tell them the grade is ok and attribution is a mechanical error and they'll fix it free but whoever has it loses the money on it not being the bigger variety. For that reason those coins get sold like hot potatoes hoping the next buyer will put it away for a decade and be the one to take the loss.

[Frank]

Wow, I am learning a TON here!! Thank you!!

[Petespockets55]

Oh, and it's a BIN...
http://www.ebay.com/itm/182238858502...%3AMEBIDX%3AIT

BIN ? I give up. Whazz a BIN? (I know going to slap myself on the forehead and say "Oh yea" when ya tell me!) Thanks in advance.
I haven't sold on Ebay, so I'm not sure, but I think they may have to list it as stated on the label, if it is slabbed by a TPG company. Otherwise some sellers would be adding all kinds of extra information to the listings. (ie: "Low D")
The seller should have taken the time to spell out the ANACS error in the description, tho.

[Scott99]

BIN = Buy it now.

Also the label may be correct. The seller took the pictures of the reverse which shows no evidence of a doubled die. Lol wish they would have shown closeups of the obverse.

[Petespockets55]

Thanks Scott, but Ow, my head hurts, again!
(And I thought it was just me that couldn't see the doubling.)