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Replies: 20 / Views: 6,600 |
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Pillar of the Community
United States
629 Posts |
I was looking at my coins in my bank vault yesterday and noticed that my 1935 dollar - MS64 graded by ICCS has some green corrosion on the reeded edge. Like it was the PVC green kind.
It also seemed to have the inner seal broken.
Has anyone experienced this in the past with ICCS graded coins?
The coin is in one of their older holders with the embossed seal.
Do they offer a guarantee of any sort?
What are your recommendations?
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Pillar of the Community
Canada
4911 Posts |
it reads on the holder that if the inner seal is broken they will reholder it. I would suggest taking it out and gently putting it in acetone for a while until the pvc falls off. what you can then do since you have to conserve it is resubmit it with the old certificate...if they agree on the previous grade then tell them to put the old certificate in the new flip, if they think it will go a bit higher then hip hip hooray! if they think it grades lower then say not to bother and take the coin back.
Feel free to call me Will.
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Pillar of the Community
Canada
2366 Posts |
Due to the size and weight of silver dollars they frequently split the inner seal and sometimes the outer as well. Best to do as @thedollarman recommended. Or consider a hard slab from CCCS or PCGS.
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Pillar of the Community
Taiwan
606 Posts |
I would contact ICCS and get their opinion on how to proceed. Once you remove the coin from the ICCS flip you have a raw coin and the ICCS certification means nothing.
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Valued Member
Canada
372 Posts |
I would not take it out of the existing holder as Everest states if you want a free bee . You will be invoiced by ICCS if you do so. As far as an upgrade, I would not count on it if you mentione the certificate number. It would be admitting their mistake for the original submission. You have a choice. Take it out doctor it and resubmit at your cost or get it redone for free but untoutched.A call might help solve the problem.
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Valued Member
Canada
403 Posts |
I had a similar situation (minus the green stuff), but the inner seal had broken open in an old ICCS graded cert & holder. They re-holdered it with the existing certificate for free. They said they would charge to have it re-graded, but even though it was an older more conservative grade, I actually agreed with the grade on the original cert....so I left the cert as is.
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Pillar of the Community
 United States
629 Posts |
Thanks for the advice
If the coin was graded a MS65 I would probably send it back, but since it's a 64, I think it would be a waste of money. Time, postage, etc to get a coin back that is not that expensive.
I was and still am disappointed that the coin would be subject to the pvc corrosion from their holder since it was not there when I sent it in 15+ years ago. It's too bad that they never opted for the hard plastic holders that the other companies have but do see in a small operation that it can be cost effective for them.
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Moderator
 Canada
10456 Posts |
You may also want to think about where the coin has been stored the last 15 years... those flips are not impermeable to water vapour and storing coins in a high humidity environment is bad.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
972 Posts |
Whatever PVC corrosion or issues with your coin were on it before you ever sent to ICCS. The inner broken seal had nothing to do with it. You just never noticed it before. If you think this has anything to do with the seal being broken you are incorrect.
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Pillar of the Community
 United States
629 Posts |
OK
Defend ICCS then
Point the finger at me for not storing or the coin was mishandled prior to the grading.
I have been a collector for a long time, I know how to store and take care of the coins.
The ICCS holders - the coin is in a hard plastic encased in a flexible plastic. I think its the fault of the holder's seal being broken you think it's the fault of the holder of the coin.
Doesn't matter
Moving forward, I will probably do the acetone thing and then put it in a 2x2 and call it a day.
Don't make judgments about the way I store coins without knowing me
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Pillar of the Community
Taiwan
606 Posts |
Wireman: Once the seal of the inner flip is broken the coin will be exposed to the PVC laden soft outer flip. These types of flips will definitely create PVC and accelerate any PVC on the coin prior to it being sealed. . There is a reason that ICCS states on their holders: Have holder replaced if inner package/ seal not intact.
Edited by Everest 06/01/2015 4:59 pm
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Valued Member
United States
84 Posts |
Hello folks. I called ICCS today and spoke with Mr. Cornwell. I explained to him that I had recently bought an ICCS-graded silver dollar whose inner holder was cracked/broken when I received it in the mail. He didn't specifically tell me whether the outer ICCS flip contains PVC. But he did explain to me (a neophyte Canadian coin collector) that while my coin would not degrade overnight 'we [ICCS] recommend that, for the long term preservation of the coin, the holder be replaced if the inner seal is broken'.
In my case, I realize that since the coin I bought is only worth $200.00, it makes more sense for me to exercise my return privilege and return it to my dealer. I live in the states and it would be cost prohibitive to send the coin to ICCS for 're-holdering'. Mr. Cornwell explained to me that ICCS will only ship coins back to USA via FedEx.
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Pillar of the Community
Canada
1461 Posts |
Since the outer ICCS flips are essentially submission flips, the older versions of them (and some newer ones) are not designed for long term storage and likely contain PVCs. So the possibility of PVC contamination if the inner flip is broken isn't all that far fetched.
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Pillar of the Community
 Canada
5394 Posts |
There is one thing to consider when submitting any coin to any TPG . Surface contamination or PVC damage can be present on any coin submitted. Over time it will get worse if it is not dealt with before being submitted. Sometimes the environmental damage will not be noticed by the TPG either. Before submitting any coin it is advisable to examine any specimen closely before sending it in. If you suspect PVC damage use a soak in acetone or Koinsolv to remove the damage without hurting the coin. Also a word about the ICCS holders. Check them often for inner seal cracking. As the outer part of the flip does contain PVC. Also frequently check any mint state Copper or Bronze. They will turn in the holder over time.
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Moderator
 Canada
10456 Posts |
Quote: Defend ICCS then Actually - the opposite. Those holders are not designed for long term protection of coins, especially larger and heavier coins. I see tons of ICCS certified silver dollars with broken inner seals (especially when some dealers stuff them in boxes like I used to do with hockey cards as a kid). As for the plastic types - none are impermeable to water vapour, and that includes ICCS, CCCS and PCGS. You need water vapour to complete the reaction to form PVC corrosion. ICCS does not have any guarantees, it is not even worth the effort of trying. My recommendation would be to save the coin first, using acetone (because that is what is most important) then resubmit it for grading if you desire.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
2425 Posts |
Quote: Actually - the opposite. Those holders are not designed for long term protection of coins, especially larger and heavier coins. I never really thought too much about it. Would you suggest CCCS or PCGS Hard slabs for very expensive and or rare Canadian coins?
Edited by darryldarryl 08/19/2015 10:31 am
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Replies: 20 / Views: 6,600 |