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To participate in the forum you must log in or register. | Author |
 Replies: 8 / Views: 2,350 |
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Valued Member
United States
394 Posts |
I have looked at a number on things on ebay and due to the information I have read on our forum, would not buy it. I think that you learn from other peoples experiences and I based a number of potential purchasing decisions the this information. I guess we all have to a certain extent. So far have not had a bad coin, but will say that some of the slabs I have received had bad scratches on them and that includes two NGC PF70 of the Founding Father Series. I contacted the seller and he claimed that: that is how I received them NGC. I called NGC, but the thing I got from customer service was, send it back and we will re-slab it for a $5.00 fee. I would have had to pay postage both ways. Did not send them back. Had the same basic experience with PCGS as well. Berry |
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Pillar of the Community
United States
7123 Posts |
Hi Berry Its not all that uncommon to see coins in TPG slabs which do not live up to the plastic,, I have seen many slabbed coins in hand and in photo's that do not (either high and low) deserve the grade that they received ,, everytime I hear or read about the crack out and resubmit game, and that a coin can be resubmitted numerous times and achieve a higher grade, this has lead me away from the TPG's and their plastic game. But try and sell a collector graded coin and getting the money for the grade. Im afraid that the Hobby is being lead away from the hands of the collector ,,no grading experiance necessisary for the new collector, just deep pockets. Rick |
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Bedrock of the Community
United States
14454 Posts |
scratches on the plastic slab is hard to avoid, I do not think that NGC sent out a slab with harsh scratches on the slab itself (I have sent many many coins into NGC and have never gotten a slab with harsh scratches on them, most didnt have scratches at all and the ones that did were just a few tiny hairline scratches). The only thing that can be done about a slab with scratches is to either buff them out or reholder the coin which would cost the 5.00 reholder fee. The scratches on the slab has nothing to do with the coin inside so dont know why that was even refered to above
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Valued Member
 United States
394 Posts |
quote:
Originally posted by Bryan1315
scratches on the plastic slab is hard to avoid, I do not think that NGC sent out a slab with harsh scratches on the slab itself (I have sent many many coins into NGC and have never gotten a slab with harsh scratches on them, most didnt have scratches at all and the ones that did were just a few tiny hairline scratches). The only thing that can be done about a slab with scratches is to either buff them out or reholder the coin which would cost the 5.00 reholder fee. The scratches on the slab has nothing to do with the coin inside so dont know why that was even refered to above
HI Bryan1315, You have given your opinion and I don't agree with some of it. So just let me say there are other opinions out there and leave it at that. Both sides have valid points when you look at the whole universe of encapsulating coins. Berry |
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Pillar of the Community
United States
7123 Posts |
quote:
Originally posted by Bryan1315
scratches on the plastic slab is hard to avoid, I do not think that NGC sent out a slab with harsh scratches on the slab itself (I have sent many many coins into NGC and have never gotten a slab with harsh scratches on them, most didnt have scratches at all and the ones that did were just a few tiny hairline scratches). The only thing that can be done about a slab with scratches is to either buff them out or reholder the coin which would cost the 5.00 reholder fee. The scratches on the slab has nothing to do with the coin inside so dont know why that was even refered to above
Hi Bryan The connection that I see to what Berry posted about and my response in the TPG experiance overall,, I refer you to Irishraiders post in the main coin forum,, scratched ASE slabbed as a 69,, to me they are one and the same,, dis satisfaction either way is met with expense and inconvienence. Rick |
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Bedrock of the Community
United States
14454 Posts |
oh I understand that TPG's do get it wrong at times, what I was saying is the scratches on the slab have nothing to do with what grade the coin inside is. I know some times people submit a coin and get blessed by the TPG gods and sometimes they get raped by them, but still a scratch on a slab doesn't effect the grade |
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Rest in Peace
United States
2684 Posts |
Berry, other than grading a coin, the purpose of an encapsulation is to PROTECT the coin. Given a coin which is decades or centuries old and has gone through wars, mishandling, poor storage, shipment, and the neighbor's puppy dog, I would far rather have the scratches on the plastic than on the coin itself; I think I'd go into permanent depression if one of my coins worth a few thousand were to be scratched. Hence, I promote encapsulation of ANY type using a TPG, homebrew slabber, or commercially available do-it-yourself holder, doesn't matter which as long as a valuable (or potentially valuable or sentimentally valuable) coin is protected. Plastic slabs can be replaced; once a pristine coin is scratched, it's scratched forever. I've got some older slabs which are scratched and that doesn't bother me one bit since they've done their jobs. Fred |
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Pillar of the Community
United States
7123 Posts |
quote:
Originally posted by Morgan Fred
Berry, other than grading a coin, the purpose of an encapsulation is to PROTECT the coin. Given a coin which is decades or centuries old and has gone through wars, mishandling, poor storage, shipment, and the neighbor's puppy dog, I would far rather have the scratches on the plastic than on the coin itself; I think I'd go into permanent depression if one of my coins worth a few thousand were to be scratched. Hence, I promote encapsulation of ANY type using a TPG, homebrew slabber, or commercially available do-it-yourself holder, doesn't matter which as long as a valuable (or potentially valuable or sentimentally valuable) coin is protected. Plastic slabs can be replaced; once a pristine coin is scratched, it's scratched forever. I've got some older slabs which are scratched and that doesn't bother me one bit since they've done their jobs.
Fred
Fred although I agree with your basic premise of protecting the coins from further damage from the time they come into the hands of a responsible collector,, it should be acknowledged that many many thousands of coins came through the TPG dark ages(those without TPG slabs or grades) in very high mint state quality . Why pay someone 35 to 60 dollars to grade and encasulate your coins,, when it is possible albeit not quite as expedient to do the same yourself and IMO with much more satisfation as an end result? Rick |
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Rest in Peace
United States
2684 Posts |
Rick, that's why I specified "encapsulation of ANY type using a TPG, homebrew slab, or commercially available do-it-yourself holder"; it is not necessary to spend a lot of money for individual coin protection when Coin World (for instance) holders may be obtained for peanuts. The important thing is that a valuable, pristine, or personally precious coin be protected by any means possible as long as it is protected. Too often, collections are kept in what the owner considered to be safe from Mother Nature only to have them destroyed as a group by a disastrous storm when individual holders might have saved many, most, or all of them. I might add that a number of coin collections were ruined by Hurricane Katrina despite the care given by their responsible collector owners. I do not know how many such coins might have been saved if they had been in some sort of individual protective holder, but it had to have been significant, at least in my observation when I was down there. I became a True Believer following a tornado which devastated my abode of the moment on 31 May 1998. I lost almost everything in my immediate possession including my truck, my tent, my sleeping bag, all my clothes, all my other camping gear, most of my tools, and all my electronics. The only thing which saved my coin collection was its location at my permanent home 50 miles away which narrowly escaped (by five miles) the tornado although I grew an ulcer waiting three days to hear news that I wasn't hit. Fred |
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Replies: 8 / Views: 2,350 |
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Posted 08/26/2006 5:01 pm
