Worried..............

You could have your parents call or write Heritage and ask them what the heck they are doing selling a PVC damaged coin to a 14 year old. The lawyers at Heritage will know that age is an impairment to the contract. However, if you bought it using a parent's account, that theory might not work. Not sure whether the crack out kills your chances?

 

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Well, I look at it this way. If you had left the coin in it's Original Holder and submitted it for a cross over to NGC, there is a chance you would not be in this situation , maybe . If in fact, NGC refused to cross it for those reasons, you would have had a basis for ANACS taking a second look and just perhaps taking care of you under their " Guarantee " . Those are just two considerations that come to mind. If your going to play that " Crack out " game , you had better know what your doing , and clearly in this case, you were in over your head to begin with. There are tons of coins out there that ought not to have been placed in their assigned grade, so your not alone. But you have to learn to take every pre-caution to protect your purchases by holding those TPG's to their respective " Guarantee's " . As much as you may hate to admit it, I think you have learned something from this experience. Don't beat yourself up , learn from the experience. It's all up to you. Maybe it's time to go surfing, is the surf up ?

 

Its good to hear that I am not alone, as I do not know how to spot pvc damage. If I knew, I probably would've left it in the slab since I know PCGS and NGC and even ANACS slab pvc coins. And like usc96 said, I did use my parent's Heritage account. This all was just unexpected. I can try to e mail Heritage, but since the coin is not in its original holder, there's not much to do, like they'll give a refund. Coinman0456, your comment makes me feel better, thank you.

Surf's good, maybe I should hit up the waves today to relieve some stress.

 

There ya go !

 

The small pvc spot on the reverse is more easily recognized in your first photo by its green color. It is possible that it was un noticeable when ANACS first holdered the coin.

 

Question why did you crack the slab? were you hoping for an upgrade or just wanted to get
It in to a modern holder?

 

I'd send it to NCS.

 

Look at above the ONE on the reverse, you'll see a spot of green, thats most likely what they called PVC, but there could be a solution, give it an acetone bath and it might just remove it, yes it is a little risky but you could save the coin

 

Doug previously suggested that . Don't know if coinguy is going to attempt it .

 

I most likely not dip the coin in acetone. Its a little too risky, if I do that, I'd take it to an expert. But I may just store it in an airtite. Could the damage get worse over the years? I'll have to hold onto this for a very long time to even think about getting my money back.

 

I'm sorry to here that...but it could of been a lot more money involved.

 

I would get yourself a pro to dip it for you and try to submit it back to ANACS and see what happens.

 

I agree. Send it to NCS and check the box that will send it to NGC for grading.

I believe if you don't neutralize the PVC before you store it, it will continue to get worse.

 

He is trying to escape getting deeper into this coin. As it is he has over $580.00 into it.

 

But, you can't say that with 100% certainty. It's possible that the person who originally submitted it to ANACS tried to remove the PVC damage, but didn't do a thorough job. The removal was good enough so that ANACS may have overlooked it. It may have started "blossoming" again in the slab or, for all we know, it may have begun once the coin was cracked out of the ANACS slab and exposed to the atmosphere.

Chris

 

It is my understanding that the damage will continue to get worse if the PVC is not removed.

A dip in acetone will not cause any further damage but leaving the PVC on this coin will cause further damage.

 

I am going to a coin show next weekend, I'll see if I can get an expert in to remove the stuff. I have an account at NGC so I can summit to NCS and have them look at it. After looking at NCS, I've been highly considering summiting it to them after I receive it. Would they dip it or clean it or something?

 

Something. Their methods are confidential.

 

Take this opportunity to evaluate what you want to collect.You could have spent that same amount on a raw $5 gold piece, had the same unfortunate experience (maybe not because of the properties of gold)and at least been left with a quarter ounce of bullion value instead of an old penny.

 

I have a $5 Gold piece already and $580 sounds fair for one. But I've taken big interest in old Proof cents (including Matte Proofs). After I get this mess cleaned up, I'll move on and keep searching for choice and maybe a gem Proof (65). It's going to cost wayyyy more than $580, but I'll only purchase coins like that at coin shows where I can rub noses with them before I buy. My next Gold coin would probably be a St. Gaudens, but that'll be a while.