2006-P Reverse Proof with PCGS label that has 2006-W oops
The Silver Eagle Reverse Proof is one of my favorite modern non-gold coins. At one time I owned about 15 of them, but sold most of them in the summer of 2007 when they were at their peak (price).
As I'm sure most of you are aware, all the 2006 20th Anniversary Silver Eagle Reverse Proofs were minted at the Philadelphia Mint and carry the "P" mint mark on the reverse of the coin.
Recently, I added this coin to my collection...mistakenly labeled by PCGS as a 2006-W instead of 2006-P
I guess this one slipped thru quality control !!
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2006-W Rev PF.JPG, 466 KB -
2006-W Rev PF Reverse.JPG, 447 KB
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Replies to This Discussion
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Permalink Reply by Ike on -
Maybe PCGS will buy the coin back @ a nice premium, just to get it back & put it in a properly labeled holder. It makes them look bad---lol. A nice find anyway!
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Permalink Reply by Steve W on -
Steve,
What is the best way to pick up one of these coins? Is Ebay the best? Do you have a 69 you can part with at a reasonable price?
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Permalink Reply by Steve on -
Steve W,
I bought ten "20th Anniversary Sets" directly from the Mint and then sent them in for grading.
I've purchased about 5 on Ebay including this one. Ebay is where I would suggest you look. Most 69's (NGC or PCGS) are running in the $180-$215 range.
Also, apmex.com currently has a NGC 69 for $199.99 plus shipping.
I don't have any extra's to sell right now. BTW....my pics aren't that good....they look much better in person!
Steve W said:Steve,
What is the best way to pick up one of these coins? Is Ebay the best? Do you have a 69 you can part with at a reasonable price?
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Permalink Reply by True Money on -
This looks like another case in which PCGS was too busy to label it correctly because the interest really lies in the "First Strike" label. It is an additional $10 to $15 per coin for these labels that are a misrepresentation of grade anyway. The "First Strike" designation label will eventually reveal its true face in a few years when collectors no longer pay premiums for them and they mirror the Silver Premier Proof Sets issued from the U.S. Mint from 1992 to 1998. Save your money!
Steve, I think your photos are just fine. It seems the only problem is the white balance. It is one of the main problems that I have to deal with in my photography. Every photographer has problems dealing with white balance. Most advanced DSLR cameras have white balance settings that can be used to achieve a more correct white balance. If you shoot in RAW format, you can correct the white balance in photoshop since the RAW format captures the light from the entire spectrum. You may also want to try "Reveal" bulbs that generate a more correct light than the standard incandescent bulbs that yield a yellow-orange tone as seen in your posted photos.
-True Money!
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Permalink Reply by Steve W on
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Money, does this erode your faith in the Gods of PCGS? Can you now admit that they are as prone to mistakes as NGC?
True Money said:This looks like another case in which PCGS was too busy to label it correctly because the interest really lies in the "First Strike" label. It is an additional $10 to $15 per coin for these labels that are a misrepresentation of grade anyway. The "First Strike" designation label will eventually reveal its true face in a few years when collectors no longer pay premiums for them and they mirror the Silver Premier Proof Sets issued from the U.S. Mint from 1992 to 1998. Save your money!
Steve, I think your photos are just fine. It seems the only problem is the white balance. It is one of the main problems that I have to deal with in my photography. Every photographer has problems dealing with white balance. Most advanced DSLR cameras have white balance settings that can be used to achieve a more correct white balance. If you shoot in RAW format, you can correct the white balance in photoshop since the RAW format captures the light from the entire spectrum. You may also want to try "Reveal" bulbs that generate a more correct light than the standard incandescent bulbs that yield a yellow-orange tone as seen in your posted photos.
-True Money!
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Permalink Reply by Steve W on
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Steve,
I found an NGC MS 69 on Ebay (BIN) for $185 which included shipping. What is more the seller is only 10 miles from me.
Steve said:Steve W,
I bought ten "20th Anniversary Sets" directly from the Mint and then sent them in for grading.
I've purchased about 5 on Ebay including this one. Ebay is where I would suggest you look. Most 69's (NGC or PCGS) are running in the $180-$215 range.
Also, apmex.com currently has a NGC 69 for $199.99 plus shipping.
I don't have any extra's to sell right now. BTW....my pics aren't that good....they look much better in person!
Steve W said:Steve,
What is the best way to pick up one of these coins? Is Ebay the best? Do you have a 69 you can part with at a reasonable price?
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Permalink Reply by Steve on
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That's great !! Will this be your first reverse proof? You will be impressed when you get it.
Steve W said:Steve,
I found an NGC MS 69 on Ebay (BIN) for $185 which included shipping. What is more the seller is only 10 miles from me.
Steve said:Steve W,
I bought ten "20th Anniversary Sets" directly from the Mint and then sent them in for grading.
I've purchased about 5 on Ebay including this one. Ebay is where I would suggest you look. Most 69's (NGC or PCGS) are running in the $180-$215 range.
Also, apmex.com currently has a NGC 69 for $199.99 plus shipping.
I don't have any extra's to sell right now. BTW....my pics aren't that good....they look much better in person!
Steve W said:Steve,
What is the best way to pick up one of these coins? Is Ebay the best? Do you have a 69 you can part with at a reasonable price?
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Permalink Reply by Steve W on
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Steve,
This will be my first coin of this type. I did not know they existed until your post! I got into coin collecting in 2008 and eventually bought all the raw proof ASEs save for this one and the 1995 w. I had them certified by NGC and most were 69s. I had 70s with 03,05,06,07,08. Are their other variants of which I am unaware?
Steve said:That's great !! Will this be your first reverse proof? You will be impressed when you get it.
Steve W said:Steve,
I found an NGC MS 69 on Ebay (BIN) for $185 which included shipping. What is more the seller is only 10 miles from me.
Steve said:Steve W,
I bought ten "20th Anniversary Sets" directly from the Mint and then sent them in for grading.
I've purchased about 5 on Ebay including this one. Ebay is where I would suggest you look. Most 69's (NGC or PCGS) are running in the $180-$215 range.
Also, apmex.com currently has a NGC 69 for $199.99 plus shipping.
I don't have any extra's to sell right now. BTW....my pics aren't that good....they look much better in person!
Steve W said:Steve,
What is the best way to pick up one of these coins? Is Ebay the best? Do you have a 69 you can part with at a reasonable price?
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Permalink Reply by Steve on
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There are the 2006-W, 2007-W, & 2008-W uncirculated "burnished" Silver Eagles.
For a variety, there is the 2008-W with the reverse of 2007- See ebay item 300402807884 for an example.(or just do a search on " 2008-W reverse 2007") There are currently about 27 active listing. The Mint mistakenly released about 47,000 of these. MS69's go for about $400 and MS 70's $650-$850.
Steve W said:Steve,
This will be my first coin of this type. I did not know they existed until your post! I got into coin collecting in 2008 and eventually bought all the raw proof ASEs save for this one and the 1995 w. I had them certified by NGC and most were 69s. I had 70s with 03,05,06,07,08. Are their other variants of which I am unaware?
Steve said:That's great !! Will this be your first reverse proof? You will be impressed when you get it.
Steve W said:Steve,
I found an NGC MS 69 on Ebay (BIN) for $185 which included shipping. What is more the seller is only 10 miles from me.
Steve said:Steve W,
I bought ten "20th Anniversary Sets" directly from the Mint and then sent them in for grading.
I've purchased about 5 on Ebay including this one. Ebay is where I would suggest you look. Most 69's (NGC or PCGS) are running in the $180-$215 range.
Also, apmex.com currently has a NGC 69 for $199.99 plus shipping.
I don't have any extra's to sell right now. BTW....my pics aren't that good....they look much better in person!
Steve W said:Steve,
What is the best way to pick up one of these coins? Is Ebay the best? Do you have a 69 you can part with at a reasonable price?
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Permalink Reply by True Money on
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Absolutely NOT! PCGS came up with the idea in the first place based on the shipping date. Little did they know at that time that this should be classified as "First Released". "First Strike" should be confined to the grade of the coin, signifying that the coin was a coin struck from a new, fresh set of dies that had not yet been re-polished. PCGS's "First Strike" and NGC's "Early Releases" designations are simply a marketing scheme to get more money from the submitting customers.
Yes. Even PCGS has and does make mistakes. At least they are not continuing a compounding situation that NGC and others have ventured into.
True Money!
Steve W said:Money, does this erode your faith in the Gods of PCGS? Can you now admit that they are as prone to mistakes as NGC?
True Money said:This looks like another case in which PCGS was too busy to label it correctly because the interest really lies in the "First Strike" label. It is an additional $10 to $15 per coin for these labels that are a misrepresentation of grade anyway. The "First Strike" designation label will eventually reveal its true face in a few years when collectors no longer pay premiums for them and they mirror the Silver Premier Proof Sets issued from the U.S. Mint from 1992 to 1998. Save your money!
Steve, I think your photos are just fine. It seems the only problem is the white balance. It is one of the main problems that I have to deal with in my photography. Every photographer has problems dealing with white balance. Most advanced DSLR cameras have white balance settings that can be used to achieve a more correct white balance. If you shoot in RAW format, you can correct the white balance in photoshop since the RAW format captures the light from the entire spectrum. You may also want to try "Reveal" bulbs that generate a more correct light than the standard incandescent bulbs that yield a yellow-orange tone as seen in your posted photos.
-True Money!
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Permalink Reply by Gary on -
i now see NGC is grading 2010 Silver Eagles MS 70 Box 1.....for that same TV Show??? Because the Green Box had a number 1 marked on it with a black marker?
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Permalink Reply by True Money on
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That is going way, way too far!!!!!!!!!
I think you all know what I mean by that!
-True Money!
Gary said:i now see NGC is grading 2010 Silver Eagles MS 70 Box 1.....for that same TV Show??? Because the Green Box had a number 1 marked on it with a black marker?
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