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Replies: 24 / Views: 2,653 |
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Valued Member
United States
241 Posts |
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.         Edited by rayof315 08/20/2015 5:50 pm
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Bedrock of the Community
United States
36746 Posts |
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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Bedrock of the Community
United States
12437 Posts |
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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Pillar of the Community
United States
7375 Posts |
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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Pillar of the Community
United States
2233 Posts |
 I would keep the coin even with the scratched holder. Buy the coin, not the slab. 
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Bedrock of the Community
Canada
10743 Posts |
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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Bedrock of the Community
United States
94367 Posts |
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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Bedrock of the Community
United States
10038 Posts |
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 
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Bedrock of the Community
United States
94367 Posts |
Great - let's start selling scrubbed slabs. Sounds big.
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Rest in Peace
United States
18456 Posts |
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Rest in Peace
United States
17900 Posts |
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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Valued Member
 United States
241 Posts |
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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Bedrock of the Community
United States
10982 Posts |
I bought a bottle of Slab-Renew several years ago (4 oz) and still have about an ounce left in it. It works great.
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Bedrock of the Community
 United States
18668 Posts |
Awe man! Does this mean we need to start grading the slabs as details polished?
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Pillar of the Community
United States
536 Posts |
ANACS will reholder for $10 + shipping.
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Pillar of the Community
 United States
4592 Posts |
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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Replies: 24 / Views: 2,653 |