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Looking For Help With ANACS Certified 1931-S LWC

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rayof315's Avatar
United States
241 Posts
 Posted 08/20/2015  4:32 pm Show Profile   Bookmark this topic Add rayof315 to your friends list Get a Link to this Message Number of Subscribers
I recently put this 1931-S ANACS certified Lincoln Wheat cent up for auction on ebay, and it sold for a price I was very happy with. However, the buyer decided to return the coin because of the scratch on the holder. I had, of course, described and shown the scratch in the listing, but it is certainly within the buyer's rights to return the coin if, after purchase, she finds the "defect" is something she just can't live with. (The scratch running from Lincoln's cheek bone through and past collar is the one on the holder.)

Thinking this could quite possibly keep happening, I've been considering having the coin re-certified. My question is this: What is the advisability of cracking the coin out of the holder and sending it to PCGS for a brand new certification? In people's opinions, what grade would they (PCGS) likely give this coin? The same grade or a lower one? Are there better options I haven't thought of? Or would it be best (or safest) just to send the coin back to ANACS for "re-slabbing" (assuming, as I am, that this is something that can be done).

I've put the picture of holder with its grade last for those who would prefer to first form their own opinion of the coin.

As always, thank for any and all help.

Looking-For-Help-With-ANACS-Certified-1931-S-LWC

Looking-For-Help-With-ANACS-Certified-1931-S-LWC

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Looking-For-Help-With-ANACS-Certified-1931-S-LWC

Looking-For-Help-With-ANACS-Certified-1931-S-LWC

Looking-For-Help-With-ANACS-Certified-1931-S-LWC

Looking-For-Help-With-ANACS-Certified-1931-S-LWC

Looking-For-Help-With-ANACS-Certified-1931-S-LWC
Edited by rayof315
08/20/2015 5:50 pm
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IndianGoldEagle's Avatar
United States
36746 Posts
 Posted 08/20/2015  5:41 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Might be worth sending to NGC for a regrade. I think you are correct that it might come back again if left in the scratched holder.
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biokemist6's Avatar
United States
12437 Posts
 Posted 08/20/2015  6:05 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
I could understand it if the entire slab was scuffed up but one scratch on the slab is a petty reason to return a coin
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edweather's Avatar
United States
7375 Posts
 Posted 08/20/2015  6:09 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
The seller is within their right to return the coin.

OK, now that being said, it's almost in the 'ridiculous' category to return a coin for that reason. I doubt it would ever happen again especially with the scratch described in the description. Also, scratches on holders are removable with a little effort, and there are many threads on this subject. No need to have this coin reholdered imo.

Frankly, I don't think it was the real reason for the return, just an excuse. Almost every holder I purchase has some sort of scratch.
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CalzoneManiac's Avatar
United States
2233 Posts
 Posted 08/20/2015  6:29 pm  Show Profile   Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
I would keep the coin even with the scratched holder.

Buy the coin, not the slab.
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 08/20/2015  6:55 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
What a beautiful key date coin..
I also, would try to remove the tiny scratch and not bother to send it in for regrade as it could come back a nothch lower by PCGS.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/20/2015  6:58 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
The problem is, you've got to swallow the re-grade cost to restore its virginity. No small consideration on this babe.
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Earle42's Avatar
United States
10038 Posts
 Posted 08/20/2015  7:00 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Not sure where I heard of it, but I thought I saw where someone used a headlight scratch removal kit to clean up a slab. Might be worth researching.

beautfiul 31-S
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/20/2015  7:15 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Great - let's start selling scrubbed slabs. Sounds big.
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T-BOP's Avatar
United States
18456 Posts
 Posted 08/20/2015  7:20 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
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moxking's Avatar
United States
17900 Posts
 Posted 08/20/2015  7:24 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Actually, I've been using a slab restoration chemical for many years and I always use it when I get an encapsulated coin I didn't submit myself.

It's very similar to the clear coat wax that is used to remove or hide scratches on a car's paint surface.

It works really well on ANACS (the softest slab), okay with a few applications on PCGS slabs, but you really have to work an NGC to make it look better (hardest slab).

Before taking inventory photos I always make sure that I've covered as many scratches and scuffs as is possible.

They sell the stuff on ebay for about 15 bucks a bottle and I usually get about 125-150 slabs done with a bottle.

Heck of a lot cheaper than reslabbing.
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rayof315's Avatar
United States
241 Posts
 Posted 08/20/2015  7:28 pm  Show Profile   Bookmark this reply Add rayof315 to your friends list Get a Link to this Reply
Thanks everyone for your thoughts and opinions. And especially for the advice on scratch removal. Never heard of it and did not think it was possible, but I'm definitely going to research it and give it a try. Will save me a whole lot of trouble and expense. Great practical information for a coin collector to know! I'll let you know how it turns out.
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BH1964's Avatar
United States
10982 Posts
 Posted 08/20/2015  7:41 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
I bought a bottle of Slab-Renew several years ago (4 oz) and still have about an ounce left in it. It works great.
ANA #R3154474
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panzaldi's Avatar
United States
18668 Posts
 Posted 08/20/2015  8:59 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
Awe man! Does this mean we need to start grading the slabs as details polished?
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scstrawn's Avatar
United States
536 Posts
 Posted 08/20/2015  9:00 pm  Show Profile   Bookmark this reply Add scstrawn to your friends list Get a Link to this Reply
ANACS will reholder for $10 + shipping.
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BStrauss3's Avatar
United States
4592 Posts
 Posted 08/20/2015  9:06 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Since it's an older holder (Amos press ownership), current ANACS won't reholder. It wuold be regrade regardless of which service you sent it to...
-----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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