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 Replies: 32 / Views: 4,855 |
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Valued Member
United States
61 Posts |
My first post, I hope I am in the right place.
I recently sent off a 1909 S VDB to PGCS for grading. It came back as Genuine but, they did not grade it. The comment was that the surface was 'machined'.
My question is, how big an impact does the lack of grade have on the value?
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Pillar of the Community
United States
3283 Posts |
First off  And more importantly  Do you know where the machining is? I'm very courious to see what was done and why. How obvious and to what extent will determine the loss of value. |
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Pillar of the Community
United States
1659 Posts |
to the forum! Clear, close-up pictures will help us give you an idea of the impact on value. |
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Pillar of the Community
United States
601 Posts |
FYI- NGC does give numerical "detail" grades. I've chosen to send the 2 problem SVDBs I've picked up in the last year to the company. When it comes time to sell, they bring a stronger price when there is an actual grade as opposed to a "Genuine" without any mention of grade.
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Pillar of the Community
United States
1547 Posts |
If you want to sell it, that slab is harmful to it. All it means, though, is, PCGS doesn't want to put its good mark behind that coin. Let us at least see some scans of it, if you're unequipped show us pictures. Anytime you say SVDB around here, understand, you've got our attention, and you must be forthcoming with images, that's how it works.
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Rest in Peace
United States
9104 Posts |
Quote:
My question is, how big an impact does the lack of grade have on the value?
Absolutely none, only affects the price. |
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Moderator
 United States
16679 Posts |
You did the right thing by sending it to PCGS. The most important thing on a coin such as this, is authenticity. These are counterfeited like crazy. The fact that it's in a Genuine holder does not affect the details grade but as biggfredd stated, price. Depends on how bad the machining is. I also sent a 1909-S VDB to PCGS knowing it would come back "genuine" because of the porosity. Authentication is very important with these mega-key date coins.
Welcome and yes, pics would be great!
swcoin.ecrater.com
Edited by vermontensium
03/23/2011 10:16 pm
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Pillar of the Community
United States
2589 Posts |
If it appears to be in a decent grade besides the machineing I would send it in to ANACS or NGC for crossover, if it is a PO-01 or FR-02 specimein then I would think the value would be the same regardless of whether it is ungradable or not.
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Bedrock of the Community
United States
19951 Posts |
Welcome to CC!
Sometimes a genuine holder is not all that bad....at least on a big key like this. It all comes down to how the coin looks. Sometimes a coin with a minor problem will command a price close to a non-problem coin....and sometimes substantially less. See if you can get some good pictures.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Rest in Peace
United States
9104 Posts |
XOG-
Why try to crossover? Wouldn't they give it a details grade, or just bodybag it? And even crossed over, you've then got it in a less popular slab.
Just trying to see the logic.
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Bedrock of the Community
United States
14454 Posts |
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If you want to sell it, that slab is harmful to it. I disagree with this statement when it comes to a key date like the 1909-S VDB. It being Genuine will be better than raw because at least they know its not fake which is a big plus when you are talking about a key coin. It may not bring what one would bring that was problem free in a PCGS grade but it should bring more than a raw example I would think |
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Pillar of the Community
United States
1547 Posts |
Quote:
I disagree with this statement when it comes to a key date like the 1909-S VDB. It being Genuine will be better than raw because at least they know its not fake which is a big plus when you are talking about a key coin. Yeah, you guys are right on that. He's in a pickle, really. |
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Valued Member
 United States
61 Posts |
Thanks for the welocmes AND the info. I'll work on some pics to include.
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Bedrock of the Community
United States
19951 Posts |
Quote:
disagree with this statement when it comes to a key date like the 1909-S VDB. It being Genuine will be better than raw because at least they know its not fake which is a big plus when you are talking about a key coin. It may not bring what one would bring that was problem free in a PCGS grade but it should bring more than a raw example I would think
Absolutely! In a sea of fake coins, the genuine slab ADDS value. |
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Moderator
United States
16679 Posts |
Quote:
but it should bring more than a raw example I would think
I personally would never buy a raw example of this coin. Yes, the "Genuine" holder would definitely add value because there is piece of mind from the buyer. swcoin.ecrater.com
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Valued Member
United States
61 Posts |
All I have available for Pics is a scanner. I cannot get a clear image of the coin in it's slab. Any suggestions?
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Replies: 32 / Views: 4,855 |
Posted 03/23/2011 6:25 pm
