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 Replies: 9 / Views: 7,623 |
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New Member
United States
6 Posts |
I have about 5 slabbed Morgans and Peaces that I inherited from my late Father's collection. Through my research here I have found the "PCS Coins and Stamps" graded coins to be essentially bombastically slabbed silver typically designated as UC advertised to the general public. I understand these to usually be AU. My question is this, should I take the out of the current slabs and have them graded/reslabbed (Or even just put in 2x2s)? If I eventually decide to sell them for whatever reason, will I be seen as someone who doesn't know beans from organs if I keep them in their current cases? Also, (sorry I know this is somewhat of a separate topic), but does anyone know if its obvious they've been cleaned to achieve a ore UC look? P.s. - Sorry for the poor pictures, I didnt have my actual camera handy   Edited by Waltick90
02/28/2024 11:00 pm
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Bedrock of the Community
 United States
24858 Posts |
 to the CCF, Waltick90! Quote:
My question is this, should I take the out of the current slabs and have them graded/reslabbed (Or even just put in 2x2s)? Put them in 2X2s. They are not worth enough to have slabbed by a TPG. Quote:
If I eventually decide to sell them for whatever reason, will I be seen as someone who doesn't know beans from organs if I keep them in their current cases? Yes, pretty much so. Quote:
Also, (sorry I know this is somewhat of a separate topic), but does anyone know if its obvious they've been cleaned to achieve a ore UC look? Looks cleaned/polished to me. Inordinately fascinated by bits of metal with strange markings and figures
Edited by HondoB
02/28/2024 11:07 pm
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New Member
 United States
6 Posts |
Quote:
Put them in 2X2s. I had figured this to be the case. Quote:
Looks cleaned/polished to me. Yeah I thought so too, big no-no generally speaking right? That makes all of these essentially Junk Silver? What a pity. Thank you for your timely reply! |
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Bedrock of the Community
United States
24858 Posts |
The only acceptable "cleaning" for most coins is either distilled water or pure acetone. No rubbing with anything. Nothing that will alter the surfaces of the coin. Quote:
That makes all of these essentially Junk Silver? Well, yes, but still worth more than melt value (~ $17) - they generally sell for $25 - $30. I'm assuming that PCS did not include any key dates in their holders. Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
United States
56855 Posts |
Waltick90, Basically, the holders add no value to the coin like a reputable TPG would,like PCGS,NGC,ANACS. John1  |
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Moderator
Australia
16804 Posts |
Well, the holdlers are as reputable as the name stamped on them. Who is "PCS" - a coin dealer, I assume? I've never heard of them before. Googling the name tells me they look like a typical mass-marketing company, "value adding" cheap coins with gimmicky boxes and albums. Unlike your typical basement slabber, there's no claim to a specific grade here - it's just the case the dealer sold the coin in. This dealer also sells actual slabbed coins, so presumably if the dealer considered the coin to be truly slab-worthy it would have been sent off to an actual TPG for slabbing. Overpriced? You be the judge: they're offering a scheme where you sign up to pay them $95 per month, and every three months they ship you one Morgan dollar in one of these self-slabs, until your set of 5 different mintmarks is complete. I'm pretty sure you can buy random-date bodybag-worthy Morgans elsewhere for less than $285 each. For your money you also get a nice wooden box to house your "mintmark collection" of five Morgan dollars. I'd also note the weaselry of the phrasing: the "genuine" part of the "genuine uncirculated" claim is guaranteed, but the "uncirculated" part is not. So it's not a fake Morgan - but probably isn't actually uncirculated. In short: if you don't mind the wasted space, feel free to keep it in the dealer slab. It doesn't help with value at all, but won't really hurt either. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
United States
465 Posts |
I picked up a couple of these from my local coin shop who bought them over the counter. Mine are actually fully uncirculated but common dates. I wouldn't assume this one is cleaned or polished without sharper pics.
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Pillar of the Community
United States
1747 Posts |
I am not sure why you would take them out of these holders to put them in 2x2s unless you need to save that space. The hard plastic holder will be more protective than the 2x2.
I agree with the above, not to get these certified by another service unless you find a rare date.
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Pillar of the Community
United States
6381 Posts |
I suggest an experiment: select 2 of the Morgans that seem closest in quality. Break one out and put it in a 2X2. Then list both on ebay in separate auctions. If the "slabbed" piece sells for more, leave the rest in their holders. If the 2X2 sells for more, break the remaining coins out and put them in 2X2s. And, please report the results on CCF! |
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Pillar of the Community
 United States
4587 Posts |
https://www.pcscoins.com/About-Us.html"Our sister companies include Danbury Mint and Easton Press." Run Forrest Run Also "Over half of our profits support mental health research" Which means you have to be crazy to buy anything from them.
-----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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Replies: 9 / Views: 7,623 |
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Posted 02/28/2024 10:58 pm
