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 Replies: 10 / Views: 1,668 |
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New Member
Canada
46 Posts |
Let's say I have a MS70 panda.
If I cracked the coin out of it's case ~30 years down the road, and regrade it, will it still maintain it's grade?
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Pillar of the Community
United States
1247 Posts |
doubtful..
You would have removed it from it's protected environment.
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Pillar of the Community
United States
8137 Posts |
It is very doubtful. As stampvirgin pointed out, it will have been removed from it's holder. You would also most likely have someone else grade the coin, so their opinion might be different than the first person who graded it.
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Pillar of the Community
United States
3486 Posts |
I'd say yes.
Grading standards keep getting more liberal.
Why not keep it in the slab? And definitely keep the paperwork if you have it.
Past slabs are prized as being older and strictly graded.
I have only one slabbed dime. The other six I opened to put into my album.
All were circulated. And easy to grade.
Just something to consider.
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Pillar of the Community
United States
3486 Posts |
Once again I hold the minority opinion.
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Pillar of the Community
United States
4883 Posts |
The word I'd use is also "doubtful" - for three decades you'd have to protect that "perfect" Panda from picking up even the slightest mark, and how are you going to do that? Put it in an airtite? And how is an airtite better than the existing slab for that purpose? I'd add one other consideration - I'll bet in 30 years it's going cost more (maybe a lot more) than it does now to certify a coin.
Colligo ergo sum
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Bedrock of the Community
Canada
11922 Posts |
Well, if you don't let absolutely anything touch that coin or any environmental damage to come to it, it could remain the same grade.
It depends on how you'd store the coin and treat it. If you take very good care of it then it could get the same grade.
Also depends on who is grading it.
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Bedrock of the Community
United States
17884 Posts |
You could crack it out and send it back in today and chances are good it wouldn't retain it's grade.
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Pillar of the Community
Korea, Republic Of
1881 Posts |
Why would you ever buy a MS-70 Panda, only to crack it out?
When it is cracked out, it's out of its safe environment where the coin will be treated as a MS-70 for as long as it isn't cracked out.
By cracking it out, there's every chance that you may cause the slightest of a mark on it, which kills its perfect grade.
If you ever want to crack a bullion coin graded MS-70 out, I recommend you to buy a raw one or a MS-69 one instead. For MS-70 you will be paying useless big bucks that could be easily lost when it obtains the slighest of a hit when it is cracked out. MS-69 and raw bullion costs less and is just about the same quality as a MS-70.
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Pillar of the Community
United States
2543 Posts |
I think the OP's question is, "if I crack it out in thirty years".
In other words, does the slab protect the coin enough from the ravages of time, so as to retain the original grade.
I would say yes ...... a qualified yes. While slabbing and putting the coin away will protect it from " handling " damage and scratches, thus retaining the 70 grade, it does not protect it from toning or extreme temperature damage despite the claims of " hermetically sealed." While toning is not supposed to affect grade, I have never seen a toned, but otherwise flawless coin, come back as a 70.
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New Member
 Canada
46 Posts |
@denco7
That is correct.
Seems people misunderstood my question.
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Replies: 10 / Views: 1,668 |
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Posted 05/20/2014 5:16 pm
