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 Replies: 13 / Views: 5,583 |
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Pillar of the Community
United States
6394 Posts |
Well, I tried to get several slabbed coins into PCGS plastic and was not very successful. Three coins were rejected due to "altered surface." I had previously posted each of these on the grading forum and no one (including me) detected any obvious problems. The coins are: 1913-S $20 gold, ANACS MS-61, submitted for crossover at same grade. 1853 $1 gold, graded MS-64 by PCI; minimum MS-63 specified. 1800 Half Dime, graded VF-30 by ICG; minimum VF-20 specified. The fourth coin is an 1854 Arrows Half Dime, SEGS MS-64; I specified MS-63 minimum. PCGS rejected this one as "questionable color". This coin has deep charcoal tone with underlying luster. I suppose the tone could be artificial. For those that haven't seen "body bags" before, here are my souvenirs:  I'm thinking I might contact NCS about "conservation" of the Altered Surface coins. If they think it's possible to get these coins into "no problem" NGC slabs it might be worth spending a few bucks to make it happen. Or, I can just keep them and try to ignore the possibility that they are problem coins. |
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Valued Member
United States
178 Posts |
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Bedrock of the Community
United States
17884 Posts |
Can I see the back side of one of the bodybags?
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Bedrock of the Community
United States
14454 Posts |
what the heck is a 1800 half-10¢ "LIBEKTY"
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Pillar of the Community
United States
812 Posts |
One variety of the 1800 Half Dime has LIBERTY misspelled as LIBEKTY. I guess it is pretty common, as the value seems virtually identical to the correctly spelled version. This variety is listed in most price guides. |
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Bedrock of the Community
United States
14454 Posts |
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Valued Member
United States
131 Posts |
Jaobler:
This really stinks but it is useful information as I am interested in trying some crossovers to PCGS, including from NGC. On one hand, it's good to know they are being careful about these things; on the other hand, that's little consolation when it's your coin.
I also found it interesting that NGC might grade coins conserved by NCS. I know NCS is an NGC company, but wouldn't the belief by the market that NGC is slabbing NCS-conserved coins hurt NGC's market? Or is this already built into the NGC market price?
Thanks for sharing (I'm going to go back and try to find the images for these coins in the practice forum -- I am curious).
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Pillar of the Community
 United States
6394 Posts |
Groganking,
My understanding is that NCS will inspect submitted coins and carry out a proprietary "conservation" process if they deem it appropriate. They can remove some types of spots or other surface problems, in some cases generating a coin that will then be slabbed by NGC as a no-problem coin. If they can't improve the coin up to NGC standards they will put it in an NCS holder with a details grade and a description of the problem.
I guess it all depends on the nature of the "altered surface". They can't fix a whizzed or seriously corroded coin. I need to understand their policies and fees and I hope I can discuss the options with their gurus. Hopefully if I send some photos and a description of the coins they can at least tell me if it's worth a try.
Condor, the bodybag is just a standard flip with the reject sticker attached to the front, as shown. For rejected raw coins they actually put the coin in the flip. For my slabs, they used a rubber band to attach the labeled flip to the slab. They don't make it real elegant!
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Pillar of the Community
Canada
1267 Posts |
Ouch!  |
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Pillar of the Community
United States
2443 Posts |
I've heard that when people get altered surfaces on certain coins that puzzle them, they submit them a few times and they get successful with that. What's wrong with the holders that they're in?
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Pillar of the Community
United States
6394 Posts |
Amazon, Excellent question! The answer is mainly economic. Over the years I've picked up quite a few expensive coins graded by ANACS, ICG, SEGS, and PCI. Some of them were perfectly fine coins, but others were overgraded or had flaws that were overlooked by the grading company. I can't always see those flaws. Going forward, I can reduce my risk by sticking with PCGS or NGC for the pricier coins. I think I can improve the real-world value of my collection if I can migrate my better coins into the Top 2 holders. I may be wrong, but I'm willing to bet that the same coin in a PCGS or NGC holder will be easier to sell and will realize a higher price. I agree that it might be worth another try to cross over some of my no-cross coins. I wonder if they keep track of slabs they've already rejected? After all, how many 1800 Libekty Half Dimes in ICG VF-30 holders do they see? Are we having fun yet?  Edited by Jaobler
04/23/2008 3:39 pm
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Pillar of the Community
United States
1984 Posts |
You sent them in raw, am I correct?
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Pillar of the Community
United States
6394 Posts |
Hi HABIB,
No, these guys are all still in their original ICG, ANACS, PCI, and SEGS holders. I'm not quite ready to do any cracking out, although it may come to that. For the time being I'll leave them alone!
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Pillar of the Community
United States
2443 Posts |
Have you ever checked out the PCGS boards. People are constantly posting various ways about getting them into PCGS holders and I remember reading that some people have more luck sending them in raw than slabbed but that doesn't really seem like such a good idea. If your not planning on selling them in the near future then don't worry able them. Who knows what people will be saying about those slabs in 5 years, the old IGC slabs were under graded and blah blah blah, segs turns the coins gold while it's in it's slab, etc. I think that if you took really great photos of the coins if your selling them on ebay, then you'll have no problems selling PCGS or not. Look at all those coins on ebay that were cleaned, artificially toned, cleaned, etc. They always sell for a lot because of the photos. |
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Replies: 13 / Views: 5,583 |
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Posted 04/21/2008 04:56 am
