Have a look at Ebay item 262205762948
What is wrong with the NGC grading?
Big big mistake!
Peter (notcb)
Is it the fact it says Australia rather than Tuvalu?
Quote from: 'Mister T' pid='83509' dateline='1452238889'Is it the fact it says Australia rather than Tuvalu?
Absolutely - what a mistake! That is like saying that the San Francisco and Denver mint 1942 Australian Pennies were American!!!!
Hopefully the error would be picked up by the seller?
Cheers
Peter (notcb)
A monkey mule ?
Quote from: 'notcb' pid='83510' dateline='1452239966'Absolutely - what a mistake! That is like saying that the San Francisco and Denver mint 1942 Australian Pennies were American!!!!
It's a silly mistake to make given than the correct thing is right in front of you.
These types of coins are all but Australian I think - probably the only reason this one isn't is because the design wasn't Australian enough to be rubber-stamped by whatever committee does that kind of thing.
they are minted by the Perth Mint ?
but not Australian currency
Since 1966, the official currency of Tuvalu is the Australian dollar, with Australian banknotes having been in use prior to and after independence. 1, 2, 5, and 10 dollar notes were originally the only denominations sent, but higher denominations have since come into use. However, after independence was achieved, the $1 note was withdrawn from circulation to encourage use of the dollar coin.
Quote from: 'robbiegal' pid='83518' dateline='1452252263'they are minted by the Perth Mint ?
but not Australian currency
Yes it's got the P mintmark. Not sure how things work with regards to where you can actually spend it if you're so inclined though. It certainly wouldn't pass as Australian in that sense.
Quote from: 'Mister T' pid='83522' dateline='1452293942'Quote from: 'robbiegal' pid='83518' dateline='1452252263'they are minted by the Perth Mint ?
but not Australian currency
Yes it's got the P mintmark. Not sure how things work with regards to where you can actually spend it if you're so inclined though. It certainly wouldn't pass as Australian in that sense.
Whilst it is true that Tuvulu uses Australian currency, it is certainly NOT an Australian coin. In order to be an Australian coin it MUST come under the Currency Act and be gazetted as such. Hence the Currency Determinations that you see from time to time for both the Canberra and Perth mints.
There have been a number of examples of Australian coins being minted overseas - London for some early decimal coins, San Francisco and Denver for 1942 pennies, Wales and Canada in 1981 -certainly those coins would not be described by the country they were minted in.
As I said earlier, a BIG mistake.
Peter (notcb)
This is a "Mechanical error" or at least that is what the TPG's call these stuff ups, these happen from time to time.
No biggie really as this is just a bit of bullion grannybait anyway:angel:
I sent the seller an email indicating the error of the ad and this is the response I received:
QUOTE
New message from: njicoins Top Rated Seller(1,010Red Star)
Thank you for your message! Yes we know that, the NGC also mark it as Australia, and that is why we have to title it this way to avoid a violation of eBay "item must be matching description" rule since we are selling a NGC SLABBED coin. Actually those coins are made in Australia Perth Mint but not TUVALU, tho they are TUVALU legal tenders. But it's also gonna be fun with those incorrect labels, NGC can re-label them and correct the country name for free when we return the coins back to them, but we can no longer find those incorrect labels. We have a few other slabbed coins with incorrect NGC marks and they are really collective. Thank you again for your great communication. David, NJICoins
UNQUOTE
No nastiness but a full explanation I believe.
Quote from: 'Goldseeker' pid='83532' dateline='1452319394'We have a few other slabbed coins with incorrect NGC marks and they are really collective.
Error Slab! Is there a premium on them? :D