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Replies: 93 / Views: 10,513 |
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Bedrock of the Community
United States
14454 Posts |
Quote: I would try NGC first (and NCS will usually pass it on if they feel it holder as is) to see if the color can be retained.
I think you meant to to say that you would try NCS first and if they think it will grade as is they will send it to NGC for grading that way they can see if the color can be retained. Because NCS will send it straight to NGC if they don't think it needs anything but NGC will not automatically send it to NCS
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Pillar of the Community
United States
3486 Posts |
Reply from the LSCC: Seems to me, Matthew, that your friend's question is insufficiently specific to help him. What does he want to do? Sell the coin? Then he needs to know that it will be discounted from the value it would have were it problem-free. However, I'd guess that he'd still do well on it. Since it was a gift from hos grandfather, he may want to hold onto it. The he gets to enjoy it through its nice, new plastic case. He can crack it and submit it back to PCGS or some other TPG, in the hopes that it comes back problem-free, but that might be unlikely. What else can we say? A picture might help, but not much. My reply: Here are his pictures: http://www.coincommunity.com/forum/...07_photo.jpghttp://www.coincommunity.com/forum/...7_photo4.jpgThe responses have leaned towards PCGS having trouble with color. I stay out of that debate. Also the consensus is that it is a nice coin no matter what a third-party grading service has to say. The big argument concerns artificial vs. natural toning. Thomas is one of those folks who think that a piece of plastic is more important than the opinion of his fellow collectors. As he inherited it, we must assume that he is not familiar with coins. Therefore, his attraction to plastic. Hey. It is genuine and pretty. The CCF takes on all problems, from experts, veterans and new comers who have not a clue. Thank you for your help. Matthew
Edited by matthewvincent 11/16/2012 09:03 am
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Pillar of the Community
United States
3453 Posts |
Thomas stated that he wanted it in plastic so it could be sold by him or his estate. Considering the value of this coin and his newness into the numismatic field, I think that is a wise decision. He turned to CCF for more education and guidance and has thanked CCF on many posts. I hope he will keep us updated on what he decides to do and look forward to additional pictures of this absolutely fantastic coin.
Thank you so much for sharing Thomas!
edited for grammer
Edited by CoinsKelly 11/16/2012 09:19 am
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Pillar of the Community
United States
1721 Posts |
My knowledge on this coin is little to none but what I do know is it's stunning and I want one. I may have to settle for the one from the lscc. I got a huge kick out of this quote from an earlier post. "What little I know you could stick in my eye and it wouldn't make me blink." 
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Pillar of the Community
United States
3486 Posts |
A reply and my answer:
"You still haven't said what his goal is. It's a great coin, and he's going to make a bundle on it. If he wants to sell it, I'd say leave it in the slab and sell it as a Genny [ genuine] . It might cost him a bit of discount, but probably less than he might fear, and it will provide at least some validation to any likely buyer. If he cracks it out, he will amplify any fears that it's fake. I think that anyone who wants it won't be that put off by the Genny holder.
The truth is that in the current market, it's probably worth more in plastic than it is raw.
And my reply:
The goal, my goal, is to promote the idea that there is more than one source for opinions. One of the items on my agenda is to bridge the gap between traditional collectors and internet collectors. I shall post you your reply without editorial. Apparently, while he is in no hurry to sell, he has bought into the idea that plastic is easier to sell. He is custodian of an estate. With a coin like his, plastic means nothing to an expert such as yourself. AND he might actually keep it, but want his heir(s) to avoid difficulties. A noble goal. Last I heard, he is off spending a week baby sitting his grand kids. I told him that "Family is more important than coins" and I hope that he understands. Between you and me, at least one other online collector has said unkind things about the LSCC: "They ignore my questions." I have no answer for him. TOO many impatient people now-a-days.
Bottom line: Leave it in the genuine holder and don't worry for a few months. A "Genny" is NOT a bad label, right?
I thank you for your reply. Matthew BCCS and LSCC
I like this reply. Any person who is willing to purchase this coin will do so based upon knowledge of the series. Thomas, you have proof that your coin is genuine. That, in my opinion, is much more important that chasing an elusive piece of plastic which "says it better." Just one of many opinions.
Edited by matthewvincent 11/18/2012 11:56 pm
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New Member
 18 Posts |
I am lurking in the back ground and taking all replys to heart. I noticed the coin on auction which ended last night drew no bids. That coin had wear that even I could see and that is not present on mine. I may sit on things for a bit and get a better feel for whether to send it to NCG or just put it in a big auction if I decide to sell it now. Thanks again to all.
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Pillar of the Community
United States
2335 Posts |
I want to make an observation. There is absolutely nothing wrong with getting opinions from other places. In this case the other opinion is the same one that has been repeated here many times.....the coin is worth more as slabbed genuine than it would be raw.
I'm not impressed with the apparent denigration of the opinions of forum members. The claim that no member here has sufficient expertise to judge this coin & that somehow "traditional collectors" are different from "internet collectors" is troubling to me. The truth is that we have members with ALL levels of expertise, from beginner through expert & many of these members were "traditional collectors" long before the advent of the internet.
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Pillar of the Community
Mexico
1304 Posts |
Here here! Three cheers for trdhrdr007!
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Pillar of the Community
United States
4420 Posts |
If this coin was mine, and I simply wanted to liquidate it, I'd submit it to Stack's. I'd refrain from going through a slabbing ordeal and rely upon their expertise. I'm in no way affiliated with Stack's; just a humble collector and fifty-plus year student of the hobby. Stack's has a forthcoming auction of great, U.S. coin rarities that will draw top bidders from across the country. The Stack's pedigree carries weight for many collectors. Seasoned numismatists will buy the coin and not the slab. Consider that there have been coins in top-shelf TPG slabs that were once graded AU and somehow, at a later date, got upgraded to uncirculated status.
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Pillar of the Community
United States
3486 Posts |
Common' folks. What slamming?
Moderators: Please remove my posts from this topic. Obviously too many have been offended by my opinion. Thank you.
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Pillar of the Community
United States
9792 Posts |
I still say send it to NCS they are the experts on what can be restored or not. Worth a shot at least.
"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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Moderator
 United States
23522 Posts |
Quote: Moderators: Please remove my posts from this topic. Obviously too many have been offended by my opinion. Thank you. No. You've spoken those words in a venue which has solid and defensible precedent as being ungoverned by any "quote" First Amendment limitations. This is not a place where "free speech" applies. It is, by definition, private property. You get to speak because we allow you to speak here; your speech gets to stay only because we choose to let it stay, and we get to choose whether we keep it or not. The Internet is an open microphone. Everybody gets to speak, if they wish. Everybody gets to be offended, if they wish. Everybody gets to be censored, if we wish. This isn't print. Opinions, as usual, are free - I know you consider their value based on the price, like I do - but don't forget that the sheer offering of that opinion in this venue is to surrender control of it. Your opinions expressed here are ours now, and we choose to let them stand.
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Pillar of the Community
United States
3453 Posts |
Quote: Everybody gets to speak, if they wish. Everybody gets to be offended, if they wish. Everybody gets to be censored, if we wish. Love it! And I would add everybody gets to kiss and make up, if they wish. 
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Moderator
 United States
23522 Posts |
Quote: And I would add everybody gets to kiss and make up, if they wish. Yeah, that, too. 
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Rest in Peace
 United States
1380 Posts |
But I haven't been offended yet. I feel left out. How can I kiss and make up if no one goes to the effort to make me mad?
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Replies: 93 / Views: 10,513 |