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 Replies: 16 / Views: 3,139 |
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Bedrock of the Community
13014 Posts |
Not to long ago I was able to get my hands on a PCGS graded 70 reverse proof 2006 ASE. The coin itself has some spotting on it, which I knew at the time and was able to get a much lower price than listed, but my question is what to do with it. I know PCGS has the guarantee about refunding you the value of a coin if they downgrade it on a resubmission but I am not sure how much I trust that. My question is is it worth it to send it back to them to see if they can "fix" it or get the price difference if it is downgraded or just hang on to it and let the spotting run its course. The spotting isn't to bad just a little around the edges and a couple small spots in the middle, unfortunately dont have a picture of it, but as of now its not horrible and probably wouldnt be noticeable on first glance. Anyway thanks for the help |
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Rest in Peace
United States
9104 Posts |
 , basebal21! |
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Bedrock of the Community
United States
10982 Posts |
Send it to PCGS but call them first and explain your situation. They will either remove the spots if possible or award you the value difference (in their determination) between the current grade and the downgrade or buy the coin from you. |
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Bedrock of the Community
 13014 Posts |
Thanks for the welcome guys.
BH I did talk to them and thats what they said, I personally love that style coin and not sure I would want to part with it if they wanted to buy it. Do you happen to know what they use to determine the value if they downgrade it? If they are only going to pay a small amount for the downgrade I would rather just keep it untouched.
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Pillar of the Community
United States
4901 Posts |
If they are truly milk spots they will not be able to remove them. If you had just waited and let them "run their course" they always seem to get worse so the best thing was to send it to the grading company.
I have done this a few times with NGC and they have either replaced the coin with one of the same grade or offered to buy it back from me at the going market price. I hope PCGS is on the same page as NGC.
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Pillar of the Community
United States
2295 Posts |
I say return it, since the spots will only get worse over time. A coin's grade can't improve over time, but just get worse.
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Pillar of the Community
United States
4901 Posts |
Quote:
If they are only going to pay a small amount for the downgrade I would rather just keep it untouched.
The different in current market price between a 70/69 is around $200 |
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Bedrock of the Community
13014 Posts |
"The different in current market price between a 70/69 is around $200"
If they gave me the current different on a downgrade I would be perfectly fine with that. I know the poster above mentioned sometimes they swap coins but considering the coin I do not think that would be an option here.
My concern would be if they downgraded it and then said the difference was only 50 dollars or some low ball number like that.
If someone could tell me how to upload a pic I just got a way to get pictures of it on my comp so I could show what the coin looks like
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Rest in Peace
United States
9104 Posts |
reply to topic > upload image > select image > click add to post.
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Pillar of the Community
2222 Posts |
Quote:
Do you happen to know what they use to determine the value if they downgrade it? I wouldn't trust them, but that's the conspiracy theorist in me. |
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Pillar of the Community
United States
4901 Posts |
When NGC couldn't find a replacement for my spotted 20th Annie Proof it asked ME what I wanted for the coin. I told them what the last few sold for on bay and they had no issue with giving me the average price of the three.
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Bedrock of the Community
13014 Posts |
South thats kind of what I was thinking. Anyway heres a picture of the coin  |
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Pillar of the Community
2222 Posts |
I can't see it. And to CCF basebal21 |
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Bedrock of the Community
13014 Posts |
south thank you.
Theres just a little spot above the 0 in the 1 oz and some slight coloring around the edges. Nothing huge but not exactly 100 percent perfect either
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Pillar of the Community
United States
4901 Posts |
I have always found that imaging the spots was not an easy task. That said that one little spot and small rim blob will soon become this:  |
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Pillar of the Community
United States
1195 Posts |
I see that spot above the O in OZ. Is that the spot in question, Basebal?
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Replies: 16 / Views: 3,139 |
Posted 03/27/2012 7:00 pm
