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kloccwork419
03-08-2009, 03:54 PM
Why would NGC Grade a normal business strike 1999 Lincoln as a Close AM???
http://cgi.ebay.com/1999-CLOSE-AM-BU-MS-67-RED-NGC-SLABBED-LINCOLN-CENT-67_W0QQitemZ360135980714QQcmdZViewItemQQptZCoins_U S_Individual?hash=item360135980714&_trksid=p3286.c0.m14&_trkparms=72%3A1546%7C66%3A2%7C65%3A12%7C39%3A1%7C 240%3A1318%7C301%3A1%7C293%3A1%7C294%3A50

Am I missing something?

fugnchill
03-08-2009, 04:24 PM
Very interesting, either the submitter marked the variety section on the submission form and NGC just said...Ok, charge him the extra fees or they just got confused about which way it's suppose to be. It's not a proof coin so who knows.

Lestrrr

Pat
03-08-2009, 04:45 PM
NGC has been doing WIDE and CLOSE on those for awhile now.. You can have them do 1992 "WIDE" AM 1C as well.. :)

1sgret
03-08-2009, 05:46 PM
That really totally does not make any sense what NGC is doing, but I guess it's all for the extra money and will really confuse the new coin buyers who are starting to look for the wrong reverses. OH WELL!!!! (LOL)

Brad
03-08-2009, 06:05 PM
I think that PCGS is doing that too.

1sgret
03-09-2009, 01:26 AM
Maybe it's because alot of people cannot tell them apart?

D.J.
03-12-2009, 07:31 AM
I'm still pretty new to this. I will say it's the stuff like this that causes confusion for some. New collectors, especially those who search rolls, are trying to keep up with enough info as it is. The rare varieties switching from mint to mint, close to wide, etc. is confusing enough.

I posted only a few days ago about the 99 reverse varieties, even after reading the information from the links on the homepage, I still wasn't sure I understood. Thankfully you all here are so helpful.:D

nightowl
03-12-2009, 07:40 AM
here D.J. try this link its a great help to me.http://www.lincolncentresource.com/index.html

coppercoins
03-12-2009, 10:36 AM
If you really think about it, it does sort of make sense. It's kind of like large and small dates. A 1960 cent has to be one or the other.

Of course the difference is that the wide AM 1999 cents were not planned, and all the large and small date cents were.

But why not mark all graded cents as one or the other? I know it's a bit confusing the first few times you see it, but if it were to become the norm, then seeing one or the other would be as normal as seeing large and small date used on the appropriate 1960 cents.

kloccwork419
03-12-2009, 10:52 AM
It would be good if it was like that always but its not. Good idea but at first you do get confused like you said. Peopl will try to bid on it on eBay thinking its a variety when its a normal cent.

coppercoins
03-12-2009, 01:55 PM
Well, it IS actually a variety...techincally. It's the COMMON variety.

kloccwork419
03-12-2009, 02:16 PM
So everything is a variety then right?

coppercoins
03-13-2009, 08:46 AM
No, everything that has more than one style in a given issue is a variety. Since there is the close AM and the wide AM, both are varieties, but only one of them has premium value.

kloccwork419
03-13-2009, 09:29 AM
Gotcha!!..I only seen NGC listing them like this so far. I heard others are doing it but this is the only Co. I seen

coppercoins
03-13-2009, 10:09 AM
The grading services have to have different coin ID numbers for every different 'type' of coin they slab. They plug the number into the computer so the label will read the same thing for every coin of that type or variety. It's a consistency thing. I don't at all know the coin numbers for these things, but as a hypothetical example, if the coin number for a 1999 cent is 2512, then the coin number for the wide AM would be either 62512, 72512, or 82152. Because the coin numbers have to be different for the two, it makes sense to list on the label WHY the coin numbers are different so nobody makes the mistake of placing a coin in a holder with the wrong number.

I see where this comes from on both sides, and don't really have a side to take - both sides have good arguements. I see why NOT list the close AM on the holders, and why it should be listed.