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Replies: 20 / Views: 3,115 |
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Rest in Peace
United States
10625 Posts |
It certainly is not considered a TPG graded coin when removed and if it isn't already, it should be a violation of ebay listing rules to post the label.
Edited by dave700x 10/30/2016 11:06 am
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Pillar of the Community
United States
2815 Posts |
Once it's removed from the holder, and for any significant length of time thereafter, the odds are slim that the coin will remain in the exact condition it was in when graded. After all, you're taking a risk just cracking it. The coin will forever be changed instantly, and for the worse, if it is damaged during the "unholdering" process. Quote:It certainly is not considered a TPG graded coin when removed and if it isn't already, it should be a violation ebay listing rules to post the label. Actually, I've never even thought about this, and I have to agree with you. I'm wondering now if a previous grade should even be mentioned in such listings.
Edited by Darth Morgan 10/30/2016 11:07 am
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Pillar of the Community
 United States
4593 Posts |
No, it's sold as raw and against the rules to mention the prior grade.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Pillar of the Community
United States
968 Posts |
If I was selling a coin like that I'd certainly mention it was in a holder at a specific grade. I've got several coins in my 7070 that were in holders and I've been careful with them so I know they are still at that same grade. But I wouldn't make it my main picture since you can't really prove this to people. I notice he doesn't list the grade in the title so he's ok there. I just don't know about highlighting the label like he did.
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Rest in Peace
United States
17900 Posts |
The coin itself is a solid 67. Although it's removal from the slab voids any TPG assurance, the coin itself is at the grade signified.
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Bedrock of the Community
United States
94367 Posts |
Outside of holder = raw, old insert or not.
Edited by Coinfrog 10/30/2016 4:50 pm
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Pillar of the Community
United States
4469 Posts |
Quote:It certainly is not considered a TPG graded coin when removed and if it isn't already, it should be a violation of ebay listing rules to post the label. 
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Pillar of the Community
United States
613 Posts |
I'll keep the label from any slabbed coin going in to my 7070 and glue it neatly in a corner of the inside back cover of the album as a reference. It my personal provenance, not one I can assert to others once the coins been cracked out.
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Moderator
 United States
189340 Posts |
Quote: Is a PCGS coin removed from the holder still considered a certified coin? No.
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Pillar of the Community
United States
7375 Posts |
I was thinking if there was a True View of it, you could at least see if it were the same coin, but there isn't, so......no!
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Moderator
 United States
189340 Posts |
Quote: I was thinking if there was a True View of it, you could at least see if it were the same coin, but there isn't, so......no! Even if there were, I would still say no. If anyone disagrees, feel free to ask the TPGs this question. 
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Bedrock of the Community
United States
11951 Posts |
Interesting ... are the opinions being posted Yes .. of course when the coin is busted out of the holder ..it is no longer slabbed. But in many .. or most cases ... the grade of the coin has not changed. For example if you had a solid NGC XF 45 Seated Liberty dollar. You bust it out and tape the label to the back of the album. If you decide to sell ..maybe for a upgrade. The label and slab number, so that the picture can be checked, should help to verify the grade. All I am saying is keeping the label ... can't hurt.
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Pillar of the Community
United States
624 Posts |
If the coin was removed to be put in a an album and then someone was selling it and the coin had distinguishing marks, or toning on the coin that matched the marks or toning on file with the company that graded it then maybe it would be worth buying. But to me taking a coin out of a slab because the slab is scratched is a red flag. Why not sell it in the slab and then let the buyer decide if they want to resubmit it to be reslabbed, or break it out.
The other problem I have with this is that even if the story is true, and this is the coin that was graded 67. Who is to say that it is still a 67. What if it was handled or dropped since being opened and the grade won't be lower if the buyer decides to resubmit it?
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Bedrock of the Community
United States
11951 Posts |
I agree ..with coins like this Franklin, and most any Modern proof. Proofs like these are easily damaged. Even if it was still in the holder ... scratched holder ... I would suspect the grade.
All I am suggesting is it is not always the case. With older classic coins it might be worth keeping the label.
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Moderator
 United States
189340 Posts |
Remember, the question was "Is a PCGS coin removed from the holder still considered a certified coin?" The answer is no, it is no longer a certified coin. Again, ask the TPG how they feel.
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