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 Replies: 20 / Views: 5,046 |
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Pillar of the Community
United States
3453 Posts |
We just started collecting the Buffalo nickel series and I received a Buffalo nickel I won. It is a 1937D MS 64 in a PCGS slab and beautiful in hand...until I saw two spots of green that I missed in the pictures  . I am not sure what to do. Will this corrosion continue? And what the heck was PCGS doing not calling this environmental damage (when the hosed my perfect trime  )? What do I do? HELP!  |
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Pillar of the Community
United States
7840 Posts |
Everybody has bad days, even the TPG. I doubt that it happened in transit from their desk to yours.  Nice looking reverse though. Edited by oih82w8
08/25/2011 10:42 am
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Pillar of the Community
 United States
3453 Posts |
Yes, it is listed as a MS64 nickel ~  |
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Bedrock of the Community
United States
12437 Posts |
It could have very well turned after submission. All it takes to form spots like that is a slobbermouth talking over a raw coin, couple drops of spittle could corrode the coin over time.
Edited by biokemist6
08/25/2011 11:28 am
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Pillar of the Community
United States
2589 Posts |
doesn't the pcgs guarantee cover stuff like this? They'll buy the coin off of you and pay you full market value for the coin.
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Moderator
 United States
23522 Posts |
Quote:
doesn't the pcgs guarantee cover stuff like this? They'll buy the coin off of you and pay you full market value for the coin. Highly unlikely. Slabs are not airtight, this fact is known, and it's easy to imagine circumstances which would cause the coin to "turn" long after it was slabbed. If this coin was fresh, just back from grading, it would probably be different. |
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Pillar of the Community
United States
1081 Posts |
Personally, I'm glad PCGS didn't "Genuine" this coin, it doesn't deserve that. I'm tired of TPGs details grading or marking as "genuine" coins that don't deserve it. This is a great example. Two small marks of corrosion do not warrant a details grade. Can you grade the coin, yes. Should those two marks of corrossion be noted on the holder, no in my opinion. This saying gets tossed around all of the time but buy the coin and not the slab. Not to sound rude, but if you wanted a "perfect" MS64 coin, you should better examine the pictures or coin, and/or take advantage of the return policy.
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Pillar of the Community
United States
3453 Posts |
Mia culpa on falling in love with the pictures and discounting the spots until it arrived. I really do like this coin a lot. Since the spots did not bother me, I did buy the coin and not the holder. My concern is my lack of experience with verdigris - will it continue to get worse or will it stay the same.
In anyone's experience, will the verdigris continue to get worse? If so, I am actually considering having it cracked out of the slab and addressed before I look at the return policy. Thoughts on that course of action is welcomed.
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Pillar of the Community
United States
860 Posts |
The corrosion could continue to get worse, or not. It no longer depends on what is there, but whether conditions, humidity, environmental chemicals in the air, etc. are present in high amounts to allow it to enlarge. Stored in a zip lock with air expelled, it would probably look the same after decades. I would not crack it out at this time until I had considered it a long time. It looks like there are several small black specks on the back also, which could worsen the condition, but stored in a ziplock ( more air tight than an airtite )will halt it also. IMO.
Jim
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Pillar of the Community
United States
2589 Posts |
If you do plan on returning or attempting to use the pcgs guarentee, I definately would not crack it out. Once you crack it out pcgs will no longer honor their guarentee and whomever you bought it from will likely no longer accept the return.
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CCF Sponsor
United States
702 Posts |
The corrosion will continue. You can try sending it to PCGS and if they don't conserve it, break it out and conserve it yourself. (:
by the way, it's a beautiful coin, there's a lot to fall in love with.
Edited by Scropper
08/25/2011 7:59 pm
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Bedrock of the Community
United States
17884 Posts |
Verdigris requires moisture to continue growing. The slab will already slow it down (Once the moisture trapped inside the slab is consumed the only new supply is whatever can infiltrate in) and storing it in a dry environment will greatly slow it further or even stop it. (No moisture available to infiltrate into the slab.)
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Pillar of the Community
United States
3453 Posts |
Thank you Scropper! I am going to see if PCGS can get the verdigris off (have never requested this of them). If not, I think there are other services that will. I have decided I do want to keep it and really am not worried about the TGP grading - I just want to make sure that it does not get worse.
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Bedrock of the Community
United States
20753 Posts |
Quote:
Thank you Scropper! I am going to see if PCGS can get the verdigris off (have never requested this of them). If not, I think there are other services that will. I have decided I do want to keep it and really am not worried about the TGP grading - I just want to make sure that it does not get worse. Good idea. Why not just contact them and ask them. However, also check about the cost of them doing that. Might just not be worth it all. As noted already, placing in a Zip Lock bag, pressing out as much air as possible, surely would mostly stop any further problems. BUT, if that spotting is from something already inside, it may continue for a while until whatever is causing it is used up. I've wondered in the past if some sort of plastic glue could futher seal a slab. Only problem is most glues emit fumes that could be corrosive to the coin inside. |
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Pillar of the Community
United States
3402 Posts |
Yes!! First go back to PCGS and see what they can do. The spots may have been there before the slabbing, just not noticeable. The closed environment may have providing the best growing conditions for the problem. If they do nothing, you have to do something. That means breaking the coin out and properly conserving it. If you don't it may spread in the enclosed environment. Don't be afraid. Read up on the procedures. Do internet research. The people at TPG services are not conservation gods. Us mortal coin collectors can replicate and even surpass their results. Dare to dream. After that you yourself can regrade it, reslab it and put a colorful sticker on it with your three initials, certifying the grade. KK |
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Pillar of the Community
United States
3453 Posts |
I called PCGS and they do have a 'spot' service they provide. I need to send them the coin, then David Hall (yes, that is correct) will remove the coin and assess how removing the spots will affect the coin grade. If the grade remains the same, Mr. Hall will perform the removal of the verdigris and then reslab the coin; if the grade will change, they will let me know and either refund the fair market value difference or offer to purchase the coin from me, and then remove the damage. The only downside is this could take a few months based on Mr. Hall's travels. I am going to send off the coin tomorrow - I am not sure why I did not call them in the first place. Either way, my coin will be saved  . Edited by CoinsKelly
08/26/2011 2:26 pm
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Replies: 20 / Views: 5,046 |
Posted 08/25/2011 10:43 am
