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 Replies: 9 / Views: 3,393 |
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Pillar of the Community
United States
624 Posts |
I have a 1914-D Indian Quarter Eagle in an old style NGC slab. The slab has a chip in the upper corner and while it does not affect the coin or the integrity of the slab, it is affecting my ability to sell it.
So... I want to re-slab the coin and wanted to get some opinions on how to do that as cheaply as possible. Is it best to have NGC re-slab... do it through a coin dealer...? Does it keep the same NGC number after re-slabbing?
I understand the argument that you buy the coin, not the slab, but this slab is like that big ugly 'third eye' pimple on the forehead of a super model. The chip is an unnecessary distraction to an othewise beautiful coin...
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Pillar of the Community
United States
2589 Posts |
If your a member of the NGC collectors society or an NGC authorized dealer (which from asking the question I assume you are not), you can submit it directly to NGC for reslabbing. If your not, you either would have to join the society to gain direct submission privileges or submit through an authorized dealer.
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Bedrock of the Community
United States
17884 Posts |
And cheapest is REHOLDERING (Keeps the same number)not reslabbing (Gets a new number). It's still not going to be cheap. Figure your going to invest another $48 in the coin if you send it in by itself, and a little less if you can send it with some others and prorate the shipping fees.
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Pillar of the Community
United States
7375 Posts |
Quote:
big ugly 'third eye' pimple on the forehead of a super model No, it's just a small ketchup stain on the super model's see-thru raincoat  Yeah, I'm guessing it's probably going to be at least a hundred bucks to get it reholdered. Have you tried to sell it? If you're not in a hurry, the right buyer will probably show up. Obviously it's your call. Keep us posted. |
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Pillar of the Community
 United States
624 Posts |
Thanks guys... I appreciate the information and I'm definetly interested in "Reholdering." That was great info, I was not aware of the distinction. I'm on my 3d round at an ebay auction and I feel that the coin is very competetively priced and the write-up is at least decent. I've never had more than 3 watchers. I have a description of the chip and I even posted a picture of it. It seems worth it to reholder. I was hoping to do it through one of my local coin dealers... I assume I can negotiate the prices a little. |
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Pillar of the Community
United States
2589 Posts |
Looking at Heritage, the price on these seems to be trending downward lately. Most specimens sold there have gone for under $1300, a couple sold for under $1200, and the most recent NGC MS63 sold there went for only $998.
Looking at your listing, I would suggest putting NGC MS 63 in your auction title rather than the subtitle, as subtitles don't appear in the search results and the slab itself is not visable in the pictures you have listed.
-XoG
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Pillar of the Community
Canada
2124 Posts |
"There is a slight chip in the upper right corner of the NGC slab (on the obverse side). It is not a crack and is not near the coin. I have included a picture. The chip does not affect the coin in any way."
You're inviting the people not to buy your item.
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Pillar of the Community
United States
624 Posts |
Thanks Xavier... I will do that. I'm not getting a lot of hits. I sold a St. Gaudens Double Eagle a month ago and got over 1,000 views. I haven't gotten more than 30 views for the $2.5 Eagle...
Arianzo... Yeah, I don't disagree. I don't think I can win, no matter what I say (or don't say). If I emphasize it, people won't want to buy it. If I scarcely mention it, people could say I didn't identify an obvious deficiency.
That's precisely why I think I need to Reholder it and eliminate the issue completely.
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Pillar of the Community
United States
7375 Posts |
I disagree. There's nothing wrong with mentioning a chipped slab. Just don't make a big deal out of it. I recently sold a Morgan that had chips all along one side of the slab, and it was a rattler to boot. Most people won't be scared by it. You certainly don't want to hide it! I think the "softish market" theory is more likely. I wouldn't throw anymore $ at it. Of course if you want to see it in a nice slab for your own benefit, go for it. List it, and let it sit for a while...see what happens  |
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Pillar of the Community
 United States
4587 Posts |
Join the ANA, that will get you - besides a great deal of information - access to the collector's society for $0. -----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: 3,393 |
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Posted 05/13/2014 07:44 am
