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Pillar of the Community
United States
9794 Posts |
Slabs are not watertight nor airtight, this did NOT happen at PCGS, most likely rescued from a flood or broken water pipe in someone's home. The coin should be okay though being gold, but still get it out of that slab and have it regraded, it does appear to be undergraded.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
1704 Posts |
Why this coin has not yet been sent back to PCGS for a re holder is beyond me. I would not buy any coin in a slab half filled with any liquid. It does not have to be cracked to have water get inside if dropped into a container of water. The slabs are not waterproof.
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Moderator
 United States
23522 Posts |
It's a shipwreck coin, with built-in proof of origin.
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Pillar of the Community
798 Posts |
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Bedrock of the Community
 United States
12848 Posts |
0 bids... so far... actually a bit of a surprise given the stupidity density of the world in which we live.
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Bedrock of the Community
Australia
21788 Posts |
A 90% gold coin WILL take a long time for signs of differntial toning to be noticeable, perhaps centuries.
Old gold coins CAN acquire an 'old gold' toning. I have seen the term 'old gold toning' in auction lot descriptions, especially relating to British Guineas and Two Guineas.
This coin should be cracked out. I would bid LESS as it is now.
Edited by sel_69l
02/20/2015 02:44 am
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Pillar of the Community
United States
4421 Posts |
This only proves what I've been saying for years ... PCGS is all wet!
Do we know it's water? Maybe PCGS needs to hire a plumber?
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Pillar of the Community
United States
1566 Posts |
I've actually heard of coins being dipped inside of intentionally cracked slabs. I'm not saying that that is what happened here but it makes one wonder.  |
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Pillar of the Community
United States
1132 Posts |
Quote:
It's a shipwreck coin, with built-in proof of origin. Dave beat me to it, Hahaha! |
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Moderator
United States
23522 Posts |
In point of fact, if I were in the market for a 1902 $20 I'd be waiting to snipe this one. The liquid is going to deter a lot of bidders, and there's still plenty of headroom in the opening bid. Aside sel's point about age patina, the coin isn't going to discolor.
Potential crack/resub bargain here.
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Valued Member
United States
231 Posts |
Dave, except for the fact that it's a $10 eagle not double eagle.
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Moderator
United States
23522 Posts |
Quote:
Dave, except for the fact that it's a $10 eagle not double eagle. I'm not one for letting reality get in the way of my rants.  |
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Bedrock of the Community
United States
20753 Posts |
The only problem I see is the slab is only half full. Or is it half empty? I suggest simply submerse the slab in water to continue filling it.  Then on ebay could be advertised as the new water filled slab method of preserving.  |
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Rest in Peace
United States
4078 Posts |
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Pillar of the Community
United States
1704 Posts |
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Replies: 17 / Views: 2,807 |
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First Page
Posted 02/19/2015 11:01 pm
