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1931-S Lincoln Cent

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BadThad's Avatar
United States
19949 Posts
 Posted 03/18/2015  3:32 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Keep in mind, that's a generic excuse from a TPG. It does NOT mean conclusively that the coin has been altered. It simply means it doesn't have "the look" they are after for coins in their holders....which REALLY surprises me based on your pictures.

I had a 22D come back from PCGS as "colored" years ago. I left in a window sill for almost a year (with occassional flipping), it changed a to little more brown than red, I resubmitted and it came back MS-63RB. NEVER discard your coins rejected by a TPG for anything color (unless it's very obvious). My local dealer has shown me well over 100 copper slabs over the years that came back from the TPGs for "color" issues. He and I both disagreed with probably 99% of those he showed me.
Lincoln Cent Lover!
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Valued Member
ksmcents's Avatar
United States
306 Posts
 Posted 03/18/2015  6:26 pm  Show Profile   Bookmark this reply Add ksmcents to your friends list Get a Link to this Reply
Paul,

If it were me I'd keep that coin and take it out of the slab, place it in a airtite! That's a really nice 31-S and I am stunned by NGC's opinion (based on the pic's).

It's a keeper!
Pillar of the Community
westcoin's Avatar
United States
9792 Posts
 Posted 03/18/2015  10:36 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply

Quote:
Keep in mind, that's a generic excuse from a TPG. It does NOT mean conclusively that the coin has been altered. It simply means it doesn't have "the look" they are after for coins in their holders....which REALLY surprises me based on your pictures.


and why I really don't like NGC for any copper or copper/bronze coinage, they seem to call altered on way too many, and I don't understand it since none of the TPG's guarantees apply to color on copper or copper/bronze alloyed coinage.
"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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