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Replies: 17 / Views: 4,907 |
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New Member
United States
18 Posts |
Is it possible for a coin grade to change over time if stored in a plastic holder? My dad was an avid coin collector and had many coins graded by PCGS, most of which were graded about 12-15 years ago. Most of his collection are coins that are grade 69. He has tons of multiples and I noticed with the gold coins, in particular, that some have kind of a smudging or discoloration is places that vary from an identical coin that is the same grade. The coins have never been removed from the holders and have been stored in a safe for the last 11 years when he passed away, and my mother is now interested in trying to sell some of them. I was wondering if they're still grade 69, or I would need to have them regraded? Edited by TCL963 09/06/2016 1:37 pm
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Pillar of the Community
Canada
581 Posts |
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Rest in Peace
United States
18456 Posts |
Your fathers coins in PCGS holders should not change grades unless they toned over time to an ugly blotchy mess . which really should not be the case . But if you send them out to another grading company ,they might grade it differently and not to your favor .
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Rest in Peace
United States
17900 Posts |
Do NOT regrade them, if they are at 69, MS or PF, either way.
Toning - what looks like discoloration - may have either a negative or positive affect on the desirability of a coin. Some consider certain toning to greatly increase the value of a like graded coin. Others like only bright "white" coins (in silver) without any hint of toning.
If you would like very specific answers to your questions I would recommend that you take a few photos and post them here. We can give you a pretty fair evaluation of the good or the bad influence that toning may have had to the coins you have.
It is also possible that the tone has not developed over time, but has always been there.
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New Member
 United States
18 Posts |
Thank you all for the help. I obviously know nothing about coins. I did notice a whole bunch of the gold coins had random spots of toning, so it had me worried. I'll try to take a few pictures tonight to show what I'm talking about.
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Bedrock of the Community
United States
94367 Posts |
Yes, please do!  to the CCF!
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Rest in Peace
United States
4078 Posts |
Quote: I'll try to take a few pictures tonight to show what I'm talking about. TCL963, this would be great. You are doing a great job for your mother and yourself in doing the research. Post away.
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New Member
 United States
18 Posts |
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New Member
 United States
18 Posts |
Here's another example. Again, not good pics, but the second one looks really dark and splotchy in person, especially around the arm. Both PCGS 69, but looks completely different.  
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CCF Advertiser
United States
1533 Posts |
This sort of toning will not hurt the grade or even likely the value.
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New Member
 United States
18 Posts |
Thanks for the response. That makes me feel must better.
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Pillar of the Community
United States
5825 Posts |
The answer is "yes, it's possible". But not for the reason you think. Grading standards at the TPG's change over time. Sometimes slowly, but sometimes in a heartbeat if there's a change in ownership.
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Valued Member
United States
81 Posts |
I would consider this discoloration as undesirable. However, since the Liberty doesn't bring much if any premium over melt, it won't affect the value. The FDR coin might have a modest premium, but it is not rare by any means.
If you are looking to sell them DO NOT take them out of these slabs, just sell them as is, and hope for the best.
However, I do view this as further proof that buying PCGS slabbed gold is a risky proposition. I have seen terribly ugly red toning on slabbed First Spouse coins that is unlikely to have been there when the coin was first slabbed, or it never would have been submitted for grading. PCGS has allegedly re-engineered its slab, but I am still skeptical.
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Pillar of the Community
Australia
7096 Posts |
First order of Business. To the Forum  This is just normal toning and nothing really to worry about. Great images BTW 
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New Member
 United States
18 Posts |
Thanks everyone. He has a bunch of different gold coins and it seems to only be the ones that have more of a raised and textured design that are affected by the toning. There are quite a few that still look perfect.
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Pillar of the Community
United States
2023 Posts |
I'll thank the forum as well. I have similar toning on my 2007 gold Buffalo -- it's a small patch and I discovered it only fairly recently, after I got my loupe. I agree it's undesirable but that's just my opinion -- there are those who like various degrees of toning and sometimes it can be appealing, but it won't affect the melt value and there's not much numismatic premium for the common Liberty pieces.
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Replies: 17 / Views: 4,907 |