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United States Coins Thread, A questionable coin.... in Coin Forums; I recently bought a 1942-P Walking Liberty Half-Dollar on Ebay. It is graded at MS65. I spent about $30 for ...
  1. #1
    New Member SteveeXb's Avatar
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    Question A questionable coin....

    I recently bought a 1942-P Walking Liberty Half-Dollar on Ebay. It is graded at MS65. I spent about $30 for it. After receiving the coin, and inspecting it, I realized that this coin has an S mint mark, not a P mint mark. This coin was graded by "ANCS". If this grading company got the mint wrong, how accurate could the grading be?
    On the back of the capsule holding the coin it says: "GUARANTEED AUTHENTIC Graded to Authentic Numismatic Coin Standards"
    Can this coin be trusted? is it Legit? Is it worth what i payed for it? or should i return it?

  2. #2
    Member andrewerickson's Avatar
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    I think if you have not got what you wanted then you should return it back. I’m sure you have read the return policy of eBay. Why don’t you get a second opinion on this from coin grading agencies like NGC and PCGS?

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    Member ClarkCoins's Avatar
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    Although ANCS is a smaller and less popular grading company, I think they have a pretty good reputation.
    But I have heard of a scam some people a pulling where they will replace the coins in graded capsules with lower grade ones.

    I see that was a couple months ago, but for anyone who reads this, there are these types of scams out there, so just be careful with what you buy
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    Member CentsPlus's Avatar
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    Many third party grading companies and self-slabbers try to make their name as close as possible to an authentic grading company, like ANACS. "ANCS" is obviously not ANACS, which is indeed a first tier grading company and would never make such an error. The 1942-S is worth about 3 times the price of a 1942-P in that grade, but obviously you can't trust the grade either. There are at least 50 different self-slabbers on ebay. Always read carefully and Google the grading company name. Another clue might have been that a 1942-P in MS-65 is worth over $100.00.

    Whether you lost out or made out depends on the actual grade of the coin.

    Brian.

  5. #5
    New Member micbraun's Avatar
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    A questionable coin....

    Quote Originally Posted by CentsPlus View Post
    Always read carefully and Google the grading company name.
    Good post. But there's no need to google the TPGs, today there are only NGC, PCGS & ANACS that are considered as reputable TPGs which grade according to 'industry standards'.

  6. #6
    Member mercedes86david's Avatar
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    I think you should return it. I have heard of coins being popped out and a lower grade one put in it's place. the person who did it probably was not paying attention to the mintmark

 

 

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