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 Replies: 13 / Views: 1,092 |
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Valued Member
United States
307 Posts |
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Moderator
 United States
15425 Posts |
I can assure you that the coin was not 'swapped out' through that crack ...
As to why it was not re-slabbed ... seller looking for a quick flip and not willing to invest the time to re-slab is my opening guess.
This is a $700 coin ... worthy IMHO of the $12 re-slab fee if the crack bothers the final owner.
David
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Pillar of the Community
United States
9792 Posts |
Happens all the time, many dealers handle literally thousands and thousands of slabs every weekend at coin shows. A drop onto a bourse floor, and shove into a box on a Sunday afternoon after a long show, coin jams and twists in the case - crack. One of my old partners got to be a wholesaler and delt with the TV coin guys, you should have seen the amoiunt of file boxes of slabbed ASE's and Morgans he sold them! 100's once stacked in his garage (worth about a half million at the time! "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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Bedrock of the Community
Australia
21786 Posts |
To put it another way, it will cost you TPG fees and postage to repair the crack. |
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Pillar of the Community
United States
2543 Posts |
Basically, it's what nickelsearcher said, it is a $1000 coin, the seller knows that and any potential buyer knows that, despite the cracked slab. Why go to the trouble, expense and potential " lost in the mail " when you can still get your price and let the new buyer deal with it. Now if it was a $70-$100 ASE , that would be another story. |
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Pillar of the Community
United States
3253 Posts |
You all know what this is! It's the coin trying to get out! Fly, little one! Be free!
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Pillar of the Community
Canada
3167 Posts |
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Valued Member
United States
250 Posts |
Is it me or does the coin appear to be toned along the crack? Or is it something in the picture...?
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Pillar of the Community
Canada
3167 Posts |
Yeah... maybe happended from something that is coming from the plastic  |
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Valued Member
United States
250 Posts |
There's something going on there, I don't do much with slabbed coins but I'd think they'd be PVC free and all of that. Maybe air is getting in along that crack...
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Pillar of the Community
Canada
3167 Posts |
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Pillar of the Community
United States
4416 Posts |
No chance that this is an error slab, huh? Then, it'd be collectable ... Just kiddin!
I've seen such slabs before, PCGS & NGC, but not yet with a SEGS slab which, IMHO is a far better quality holder.
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Bedrock of the Community
United States
17884 Posts |
Quote:Now if it was a $70-$100 ASE , that would be another story. And in that case the story would be "With postage, insurance, and reholdering and invoice fees I'd be sinking another $30 into the coin. There is no way I can do that and still make a profit on a $70 - $100 coin." |
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Bedrock of the Community
13014 Posts |
Quote:
but I'd think they'd be PVC free and all of that. Maybe air is getting in along that crack... Not sure if its air or light or something else but the slabs are in fact 100 percent PVC free |
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Replies: 13 / Views: 1,092 |
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Posted 03/15/2013 06:08 am
