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Replies: 15 / Views: 1,543 |
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Pillar of the Community
United States
2335 Posts |
I sent off 10 coins for grading to Anacs & got them back yesterday morning. I finally had a chance last night to check them out. Every slab has what appears to be traces of some sort of moisture or oil in the slab. When viewed straight on these spots are invisible, when tilted they appear to be black. I did a little bit of web research & found a couple of possible explanations. The first is that "slip" oil is used in the plastic injection process & trace amounts can be left in the slab. The second is that when the plastic of the "shell" comes in contact with the plastic of the "spacer" that keeps the coin in place it creates the illusion of oil/moisture. Naturally I'm concerned about this & will be calling Anacs when they open. These are coins I bought for resale. My pictures are not the best so I had them slabbed to assure potential buyers that the coins are authenticated & graded by a reputable company. If I have a problem with the slabs it defeats the purpose of having them slabbed. Any comments would be helpful. It's pretty hard to get pics of this. The following pics are of the worst example. The rest of the slabs have spots that are much smaller. The splotchy area in the photos running from around 4 o'clock to 8 o'clock is what I am talking about. When tilted just right it appears darker.     
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Pillar of the Community
United States
7840 Posts |
I don't see anything to be alarmed about, especially if you are quick-turning them for sale.
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Pillar of the Community
 United States
2335 Posts |
I just got off the phone with Anacs. They say that the appearance of oil in the slab is due to the manufacturing/sealing process, that it doesn't happen with every slab, & it is both common and unavoidable. They said that it's mainly a factor of plastic to plastic contact & went on to say that it is not harmful to the coin in any way.
The person I talked to was not surprised by my questions & had obviously handled similar questions before. That would lead me to believe it's a fairly common occurence. Although I'm a lot less concerned than I was I'd still like to hear what ya'll think.
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Valued Member
United States
184 Posts |
I see what your talking about but I don't think most people would even recognize it if you never told them.
Quick question how long from the day you shipped your coins out did it take for them to grade them and ship them back to you?
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Moderator
 United States
188770 Posts |
I would not worry about it since you are flipping the coin. I believe that if it were a real problem, you would have gotten more "spin" or a lot of denial when you called. The fact that they already knew what you were asking is somewhat comforting.
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Pillar of the Community
United States
1080 Posts |
I wouldn't worry. It's just the way those slabs turn out sometimes. I've seen that on some of the slabs at the local dealer. I don't think it really detracts from the coin.
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Pillar of the Community
 United States
2335 Posts |
Quote: I would not worry about it since you are flipping the coin. I'll be offering these coins on the forum & don't want anyone to be disappointed. It's a little different selling through my display case at the antique mall where people can examine the coin in hand. Quote: Quick question how long from the day you shipped your coins out did it take for them to grade them and ship them back to you? I sent them out priority mail on 05/31 under their 10 silver coins for $119 special. I'm assuming that put me into the economy(slowest) service tier. They tried to deliver 06/24 but I wasn't home to sign for the package.
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Pillar of the Community
United States
648 Posts |
Quote: did a little bit of web research & found a couple of possible explanations. The first is that "slip" oil is used in the plastic injection process & trace amounts can be left in the slab. The second is that when the plastic of the "shell" comes in contact with the plastic of the "spacer" that keeps the coin in place it creates the illusion of oil/moisture believe that might be air, try looking at it through polarized sun glasses then squeeze it with fingers (gently ) it may move,, won't help anything just is,,
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Moderator
 United States
188770 Posts |
Quote: I'll be offering these coins on the forum & don't want anyone to be disappointed. It's a little different selling through my display case at the antique mall where people can examine the coin in hand. A commendable action on your part.  Reading my post again I can see how it would be interpreted that this would make it another person's problem. That is not the case. While it may bother you (we all have our own personal list of peeves), it may be of no concern to the buyer. I suppose I was assuming that the buyer would see the same things you see, but choose to show no concern for it (probably because they already know about this sort of thing or they plan to crack the coin anyway).
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Moderator
 United States
16679 Posts |
The ring that houses the coin that ANACS uses, is very pliable and almost slippery to the touch. It's nothing to be alarmed about, it's more for preservation I assume, and should be totally safe.
swcoin.ecrater.com
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Bedrock of the Community
United States
20753 Posts |
Just one of the many reasons I don't like slabbed coins. I have none and normally don't buy them and would never send out for slabbing.
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Bedrock of the Community
United States
17884 Posts |
If you look for it you will find the same thing on the white ANACS slabs and on the NGC slabs. I don't know if it appears on PCGS slabs but I would bet if the rubber spacers around the coin made contact with the outer case you would see it on them as well.
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Moderator
 United States
16679 Posts |
Quote: Just one of the many reasons I don't like slabbed coins. I have none and normally don't buy them and would never send out for slabbing.
I hear you Carl, either you love it, hate it, or in the middle like me. I like it for some but not for others. I primarily use them, specifically PCGS, for protection reasons. I want some of my more treasured coins protected rather being in an album raw or in a mylar flip etc.. I have had ANACS holders come loose on me on a few different occasions. It is for this reason, I use PCGS for my more valuable or treasured coins. Never had a problem with their holders.
swcoin.ecrater.com
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Bedrock of the Community
United States
14454 Posts |
I think this is just where the rubber insert is touching the cleat plastic shell, not anything inside the slab. I have seen PCGS coins and other ANACS coins look this way but as I said its just where the insert is touching the outer shell causing it to look like you would look if you pressed your nose on a piece of glass
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Pillar of the Community
 United States
2335 Posts |
Quote: Just one of the many reasons I don't like slabbed coins. I have none and normally don't buy them and would never send out for slabbing. I'm not a big fan of slabbing coins either. As a seller with poor photography skills dealing with coins that are heavily faked I felt like it would be in the best interest of myself & potential buyers to have these slabbed. The sad fact is that trying to sell non-slabbed key & semi key date coins to buyers that can't inspect the coin in hand is next to impossible. Edited to change sellers to buyers in the last sentence....makes a little more sense that way.
Edited by trdhrdr007 06/29/2011 4:50 pm
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Moderator
 United States
188770 Posts |
Quote: I hear you Carl, either you love it, hate it, or in the middle like me. I do not care for them, but I still fear I will have to deal with them (purchase and crack) at some point. Quote: The sad fact is that trying to sell non-slabbed key & semi key date coins to sellers that can't inspect the coin in hand is next to impossible. Understood. I would love to buy my key dates raw and since I buy my coins in hand I do not have the problem with this. A lot of what I am seeing at the shows are now slabbed. It frightens me to think that buyers are only seeing the slab and not really the coin they are buying.
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Replies: 15 / Views: 1,543 |
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