Re-Slabbing A Coin --- Need Advice

Depending on how bad the chip is youre going to take a hit value wise. The feeling of if someone were to keep it they would redo it but if theyre selling theyd sell it says it all about the chip. The question becomes at math problem at this point. Will you lose more than it costs to have it reslabbed. Not being an NGC member I am not familiar with what they charge for this. Figuring that out would be my first step.

Given that this is a single coin, I suspect that it would be costly to reslab as a one off. If you had a bunch more you wanted done it could be worth it, but youre likely better just knocking some off the price and saving the expense

They both matter. Everyone would pick the undamaged slab 100 times out of 100 when offered the exact same coin in a cracked slab or an undamaged slab.

Would you buy an album where the pages were splitting in half? Its the same thing. Has nothing to do with valuing the slab over the coin

Uh, no. You can say most, but you cannot say everyone, as I am at least one of those exceptions. I most certainly have no problem with a crack or damage, since I will certainly be taking the coin out anyway. Given the choice, I would much rather have the unaffected slab go to someone who intends to keep it intact; give me the damaged one.

Save yourself the headache of a possible return and mention the crack as well as including a photo of it. An honest, accurate description of the slab is the right thing to do, IMO.

I would agree with the previous two posts. If you are going to sell it as-is, definitely mention the chip!

Personally, I would have no problem buying a cracked or chipped slab if I planned on cracking out the coin but if I wanted to keep it in the slab, I would want the plastic to be in perfect condition.

There is always some nutjob out there waiting to accuse a seller of swapping out a coin when they see a cracked slab even if the damage is only superficial, not worth the hassle with an expensive coin IMO. An MS-63 Morgan widget is one thing(who would swap out one of them?) but an MS-63 Indian with 30-40x the value of the previously mentioned widget is another matter entirely.

@Henry M Smith

He is not cracking the coin out and resubmitting it for grading. He is talking about having them "recase" it in a new style holder. All they will do is crack the slab, take the coin out, and put it in a new slab (and hopefully not damage the coin in the process)

Here is a picture of the slab and the chip. As I said, it's not big, but (IMHO) should be identified.