Mike's Currency

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  1. Thank you for the info. This is more about honor and principal than money. NGC offered a service for a price. They took the money but failed to do the job. Where I come from, when your hired to do a job, you do it or you get out of the business, or go to jail for fraud. They set a precedent when the slabbed the 2.9gram cent Cert 012386-006 . As for the non standard metal coin, they can avoid the error part if they want, but they have to do as their wording says. According to the the Mint and every place I looked 95% and 5% is standard so anything out of that range, (especially when 3 vs 2 meta
  2. They Did Not rendered an opinion based on the conventions of the hobby. They left out important information that was or is normally included in the hobby. Why, I don't know. For some reason the Test results were left out of the second mailing and later found in the file when I asked for them. Maybe the graders never saw the test results and that is the problem.
  3. Maybe there is a lack of demand because there is a lack of supply to sell or Market. People don't know what they want until they see it. I spend well over $100,000 a year at auctions so I know this to be true. I sent these coins in based on NGC advertising and past graded examples I have seen. I found several a NGC slabbed coins with weight on them including a1940-S Lincoln that says 2.9g, cert 012386-006. My 2.7 gram coin is an error and should be treated as such regardless of market demand. NGC certainly should not lie to their customer and say it was normal weight. They can pull number grad
  4. Sorry if it hit you personally, Not my intention. But if you voice your opinion publicly, you should expect some criticism, not that there is any in my question followed by an experience. I wonder how many pennies one has to search thru before finding one 3 times under the Mint Tolerance? If it's one in a 500,000, which is probably true in today's change. Then it's special. A WWII vet had this penny in a 2x2 labeled "Thin Planchet" which is why I weighed it and had it graded. He spent much time searching Lincoln cents in his lifetime and acquired many of them but only one at 2.7 Grams. He
  5. I know the NGC number is high because I sent a 1953 in that weighed 2.72 grams and they refused to label it an error stating that it is normal in weight. So either they did not weigh it, or their tolerances are indeed over three times higher than the U.S. Mint. I bet there are more die chip graded errors by NGC than 2.7 gram Lincoln cents in existence.
  6. Thank you for clarifying. The main issue here is at what weight does NGC consider it an error. What is their rule book? If the Mint tolerance is 0.13, what is NGCs number? If 0.4, why over three times higher that the Mint? The market is rarely rational, especially when the economy is good, so money predictions aside, after all people are paying many times face value for common items in this hobby all the time. NGC is not supposed to be in the business of market manipulation but a number over three times higher than the Mint sure sounds like manipulation to me. I have a shinny brass Lincol
  7. Who is this Conder101 that changed the tolerance from 0.13 to 0.4? You know this reminds me of similar situations I have seen before. Discredit something long enough while hoarding it and then one day present evidence to the contrary and cash in on it. Sometimes even a generation later. Something is not right here!
  8. According to a " Conder101 " in this "Coin Talk" link https://www.cointalk.com/threads/one-more-time-1983-d-lmc-weighs-2-74-g.334740/ a Whopping .4 gram is the tolerance before a 3.11 gram Lincoln cent is an error. That is a HUGE difference from tolerance of .13 grams Just Bob mentioned. Where did you get that .13 from Just Bob? I think NGC really needs to post the tolerances for errors because all they say here (https://www.ngccoin.com/news/article/1655/Variety-versus-Mint-Error/) is "NGC does not recognize as mint error coins those with minor die chips, breaks and rotations,
  9. Unless my scale was off a tiny bit. It looks just like this beauty https://coins.ha.com/itm/errors/1941-lincoln-cent-struck-on-a-panama-1c-planchet-ms65-pcgs/a/1191-4941.s?ic4=ListView-Thumbnail-071515
  10. It also weighs in at 50 grains which is 3.2399 grams rounded up to 3.24 grams
  11. Thanks. I am new to this forum stuff and will try " "Ask NGC". Any and all information is helpful. I see lesser weighs on NGC slabs but they are also off metal planchets which brings up another question. Would a 93% Copper, 5% Zinc, 2% Tin Lincoln cent be considered an error?
  12. Who knows how much a normal copper Lincoln cent weighs and exactly how much off from this normal weight does it need to be for NGC to consider it an error?
  13. https://www.ngccoin.com/news/article/1655/Variety-versus-Mint-Error/ Strike Errors Multiple Strike – Coin has multiple images from being struck again off-center. I do believe this can be viewed as strike doubling or machine doubling. Sometimes sliding of the die will cause machine or strike doubling or multiple images but it can also bounce to cause multiple images. Maybe there would be less confusion if there was full transparency and these were acknowledged for what they are. People would be less confused if they saw doubling as an Error and as a Variety instead of only as a V
  14. A quick google search brings up this page that says "more of a striking error". https://www.ngccoin.com/news/article/5688/Double-Dies-vs-Machine-Doubling/ I will need to search more for others I recall reading. I hope they don't change them cause if it looks like a duck and quacks like a duck it must be.... Some coins display nice "WOW" strike doubling that most anyone is happy to find but then shot down by experts telling them that "WOW" find is nothing. Appearance and Wow factor plays a big role in any collectible, some strike doubling more jaw dropping than some Double Dies. As long a