Would you have the label corrected? Or could it Carry a little bit extra value for miss labeled?

Discussion in 'Coin Chat' started by Newbee03, Apr 9, 2022.

  1. Newbee03

    Newbee03 Well-Known Member

    So I recently picked up a 1945 s Merc not even thinking it was a micro s. I payed 20 bucks for it so I can't complain. But I reached out to ngc and they said they will fix it for free. But I was wondering what you guys would do? Would it Carry a bit more value? Cause it's mislabled? received_511863213915280~2.jpeg received_5034012253360391~2.jpeg received_547126203603717~2.jpeg Screenshot_20220408-171717~3.png
     
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  3. toned_morgan

    toned_morgan Toning Lover

    What's the grade? We need to see the actual label to figure out if it would be worth it.
     
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  4. potty dollar 1878

    potty dollar 1878 Well-Known Member

    The coin graded a 65 if it were me I would resend it.
     
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  5. toned_morgan

    toned_morgan Toning Lover

    Yes absolutely then! Label errors don't really add much value because it doesn't affect the coin and the market for them is small, so yes you should definitely send it back
     
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  6. Newbee03

    Newbee03 Well-Known Member

    Ok that's what I was wondering thank you everyone I'm so new to all this I didn't want to send it back if it would carry more value. Can't complain for an anniversary gift plus first graded dime purchase in the collection. received_5034012253360391~3.jpeg
     
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  7. baseball21

    baseball21 Well-Known Member

    Honestly I'd leave it alone at least for the foreseeable future. It doesn't make a ton of difference either way, but if you send it to get fixed you're going to be looking at 3-4 months before you get it back right now. It's taking them about 3 weeks just to open the packages they receive much less do anything with them
     
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  8. Mountain Man

    Mountain Man Well-Known Member

    Having the Micro S on the label will increase the desirability of the coin if you plan on selling it. It will also demand a higher price, IMHO. So, I would send it back immediately for that label change.
     
  9. toned_morgan

    toned_morgan Toning Lover

    By the way just for future reference, you don't have to hide the certification number, it doesn't lead to any private information or anything, it's just there mainly for people to verify that it is actually graded by NGC and not counterfeit.
     
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  10. imrich

    imrich Supporter! Supporter

    You figuratively stole that coin which I believe has the middle of 3 size S that were stuck only in 1945 on the "Mercury" dime.

    I somewhere have all 3 together where it's quite obvious.

    Here is a comparison of the believed large and Micro size s.

    If you compare yours to my photo side by side, I believe you'll see the difference in the thickness of the rising leg (thicker on Micro), size of upper opening (smaller on Micro), and upper ending (virtually closed on Micro).

    Judge for yourself, but if they will relabel, take their offer.

    I've had problems when I submitted a sharp full all-3 bands micro-s to them.

    I eventually just gave up on them after 2 tries.

    I kept my all 3 "full-bands", and acquired an expensive Gem PCGS 1945 Micro-s FB, which isn't, to show interested parties the difference between reality and illusion/fantasy.

    The re-label will increase the coins' value!

    JMHO
     

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    Last edited: Apr 10, 2022
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  11. Mr.Q

    Mr.Q Well-Known Member

    Wow nice coin, send it back it would be to your advantage. Thanks for sharing and good luck with your decision.
     
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  12. ldhair

    ldhair Clean Supporter

    It's nice of NGC to fix it free. Nice coin.
     
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  13. Tamaracian

    Tamaracian 12+ Yr Member--Supporter

    @Newbee03 There is no value for NGC not denoting the Micro S on the Label; there is, however, approximately a 290% increase in the market value for the Micro S designation in the grade of MS-65, so even taking into consideration your cost for shipping and perhaps insurance, you would still be ahead if you sent it back for a Revised Label (and Reholdering). The NGC Population for the Micro S is far fewer (471 vs. 1,817) than the Regular Issue coin at MS-65, and, the mintmark on your coin is nice and sharp, which for those that do want to collect this issue for the Micro S, would IMO make it more desirable if you auctioned it.

    Just a suggestion--use Denatured or Isopropyl Alcohol and not Acetone to remove the marker residue from the slab.
     
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  14. baseball21

    baseball21 Well-Known Member

    Why on earth would anyone use anything on a slab for a reholdered fix?
     
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  15. -jeffB

    -jeffB Greshams LEO Supporter

    Especially when the "marker" is an image edit. ;)
     
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  16. montynj3417

    montynj3417 Active Member

    Wow! The 'Merc's are a cool little coin, for sure. I've dug up a bunch and it's a real delight when they pop out of the ground, not often enough. Never seriously thought about them seriously, until just now, seeing the terrific one that Newbee revealed. I may not be able to do anything too serious yet, until I can get a little bit deeper into the Walking Liberty Halves. I'm about halfway through them, mostly purchased from different eBay dealers. Thanks for sharing that sharp Merc; my life might be changed. (Cited from: https://www.cointalk.com/threads/wo...95254/?utm_source=feedburner&utm_medium=email)
     
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  17. wxcoin

    wxcoin Getting no respect since I was a baby

    Since the micro S brings a higher premium and they will reholder/relabel it for free I'd send it in. If I was planning on keeping this coin in my collection for a while the 3+ month turn around time wouldn't be an issue.
     
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  18. Mac McDonald

    Mac McDonald Well-Known Member

    Indeed I would...agree with most all the better/best way to go..., and hope you do.
     
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  19. whopper64

    whopper64 Well-Known Member

    Nice coin! Whether you want to keep it or sell it, makes sense to send it in for re-slabbing.
     
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