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 Replies: 29 / Views: 3,630 |
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Valued Member
United States
285 Posts |
I was able to purchase a 09 S VDB graded genuine, non gradeable by the PCGS for a really good price. Reason code on the slab was for "environmental damage". When I received the coin, I didn't see anything remotely appearing to be damage. I would say the coin is F to VF details even. Does anyone know what the PCGS would classify as environmental damage? Just curious. The coin is a real fine one especially for the price but just looking to learn more about it.
Is it worth getting regraded in your opinion?
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Pillar of the Community
United States
1547 Posts |
Let's see it and we'll give you our opinions. Generally-speaking, I'll say NGC is more "forgiving." After all, they're connected with NCS. PCGS, OTOH, is a little more "pretentious." After all, they sued a bunch of "coin doctors" in federal court, last year. Bottom-line, I don't think PCGS knows, themselves, what they mean by "environmental damage," from one day to the next.
It boils down to their versions, respectively, of one term, "market acceptability." OK, two terms.
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Valued Member
 United States
285 Posts |
I'll try and post some pics. Its in the slsb and I dont really have a good camera but I will see what I can do for pics.
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Moderator
 United States
188052 Posts |
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Is it worth getting regraded in your opinion? In my opinion, no; but I will admit bias since the coin would go into my Dansco.  So my question is, why did you buy it? If you bought it to put in your album and you really like how it looks, then I say job well done!  If you are looking to flip it or save for an investment, then I can only suggest that you wait for other opinions (as I never intend to sell my coins). I am sure pictures will be necessary to know for certain. |
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Pillar of the Community
United States
1547 Posts |
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(as I never intend to sell my coins) You too, huh? I knew there was something I liked about you.  |
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Moderator
United States
188052 Posts |
I say that I never intend to sell them, but the harsh truth is that I will only sell them after everything else is gone and just before I move into a cardboard box. |
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Bedrock of the Community
United States
20753 Posts |
Guess it's to late for me to say anthing since it would only be a repeat of jbuck's reply.
Take it out of that plastic stuff and put it ia an Album.
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Bedrock of the Community
Canada
10743 Posts |
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..... just before I move into a cardboard box. Your going to move into something that nice.  |
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Valued Member
United States
285 Posts |
I bought it to put in my Dansco as it was the only one I needed. But since this is the first certified coin I ever bought, I was just weighing my options on whether I really should crack it open. I definitely like the way it looks. I don't intend to ever sell it, but I don't want to ever say never. I'll try and take some pics to see what you guys think but again my camera isn't the best.
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Pillar of the Community
United States
1081 Posts |
I have an 1864L S4 IHC which I grade as AU-50. I sent it to NGC and it came back with a details grade of AU because of environmental damage. It does have some light black toning on the obverse, but nothing major and nothing IMO that would keep it from being graded, but NGC thought otherwise. I broke it out of its slab and it's not comfortably resting in my Dansco. Generally, I've found if one major TPG details the coin, then the other one probably will. Of course, you never know as it seems to arbitrarily vary. I've seen some coins with much worse environmental damage then my coin grade problem free and other coins that appear to have nothing wrong with them get a details grade. |
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Moderator
United States
188052 Posts |
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Your going to move into something that nice. My coins are worth at least that, right?  Quote:
I bought it to put in my Dansco as it was the only one I needed... I definitely like the way it looks. I don't intend to ever sell it, but I don't want to ever say never. As always, it is just my biased opinion, but you should probably crack him out and put him in his rightful spot! A lot of people get hung up on the slab, when it is the coin that is important. In my world, the slab has its place (it offers me another opinion on the coin's validity), but once the transaction is complete, I have no use for it. If you collect coins and keep them in albums then this should be a no-brainer. However, I understand the dilemma. Your album will be with you for a while, so there is really no need to hurry. The best I can relate is when I finally cracked my proof sets after more than a few years thinking about it. |
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Bedrock of the Community
United States
19937 Posts |
It's not graded, crack the slab! The ONLY advantage is the genuine part. I'd tape the genuine paper from the slab into the Dansco. While not definative proof it's real, it's better than nothing.
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Valued Member
United States
285 Posts |
Any tricks to cracking it open? Is there a way to open it without damaging the slab? Figured maybe i'd save the slab with the label and put the coin in the album.
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Pillar of the Community
United States
3278 Posts |
Sounds to me like you found the perfect slab to crack and a great coin for the album. Congrats on finishing your lincoln wheat set!  |
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Moderator
United States
188052 Posts |
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Pillar of the Community
United States
3540 Posts |
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Replies: 29 / Views: 3,630 |
Posted 04/06/2011 09:17 am
