Getting a coin from a problem slab to a good slab

Discussion in 'Coin Chat' started by easj3699, Aug 16, 2013.

  1. easj3699

    easj3699 Well-Known Member

    How many of you have re submitted a coin you were fairly certain wasn`t a problem coin and been able to get it into a good holder? I have an 1857 flying eagle i submitted a while back. I would grade it an au 58. It currently is in an unc details improperly cleaned slab. Has anybody been lucky with this?
     
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  3. beef1020

    beef1020 Junior Member

    I know it happens, but I don't submit coins so I have no experience. Can you post a picture of the coin?
     
  4. green18

    green18 Unknown member Sweet on Commemorative Coins

    I know of guys who have let the coin tone up a bit by placing it on a window sill with a southern exposure (for a period of time) and getting a clear grade for the coin upon an resubmit.
     
    silentnviolent likes this.
  5. easj3699

    easj3699 Well-Known Member

    I can post photos but it will but do any good. I've never been able to capture it's color. It has luster around the rim and date, the rest of the coin is darker.

    Green, I'm afraid of copper because it seems it is far easier to destroy it then silver. So i am afraid to do anything to it.
     
  6. gubni

    gubni Active Member

    A trick that works for me taking pics is to hold the camera about 2 foot away and zoom in.
     
  7. green18

    green18 Unknown member Sweet on Commemorative Coins

    I hear ya and I'm inclined to agree. Like I said, I know of some folks who've done it but that don't mean I'd do it. :)
     
    easj3699 likes this.
  8. GDJMSP

    GDJMSP Numismatist Moderator


    Yes it has happened many times. Coins that were returned in body bags (in previous years) or problem coin slabs have been re-submitted and returned in problem free slabs.

    And the reverse has also happened many times. Coins that were returned in problem free slabs, cracked out and re-submitted hoping to get a higher grade, were returned in body bags or problem coin slabs.

    But in both situations there have been even more examples of the coins being returned in the same kind of slab as they were originally in.
     
  9. easj3699

    easj3699 Well-Known Member

    I'll give it a shot then. Worse case I'm out thirty bucks.
     
  10. bahabully

    bahabully Junior Member

    I've done it twice.. both times the noted problem on the original problem holder were not visible to my eye, so I sent them back to another tpg.. both times they came back problem free. Which is what they looked like to me. Trust you eyes.
    Neither of the problems were related to color or toning.
     
  11. easj3699

    easj3699 Well-Known Member

  12. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I've only had it happen once mainly because I don't care to waste money on resubmissions unless I'm absolutely sure. I had a 98-O Morgan toner that was in an old ANACS MS63DMPL which I had cracked out many years before. Some years later, I decided to submit it to NGC as one of my renewal freebies because I felt sure that it should be a 64DMPL. It was BB'ed for "Altered Surfaces". I resubmitted it to NGC for review, and they maintained their position. The following year, I submitted it to PCGS as one of my freebies, and it came back MS64PL. It's a shame that it didn't get the DMPL which I think it deserved, but at least it got the 64. Needless to say, I won't waste any more money trying to get the DMPL back, at least for now.

    Chris
     
    easj3699 likes this.
  13. easj3699

    easj3699 Well-Known Member

    I would actually prefer to send it to pcgs because i think they are easier on flying eagles then ngc. But I'm only using ngc again because my father is sending in 14 1928 peace dollars to them and I'm just sliding in a few coins since he is already paying for shipping. So it will be cracked out and re submitted Monday. So in a month i should see if it changed.
     
  14. easj3699

    easj3699 Well-Known Member

    Well, it came back unc details again. Oh well. The other coins sent out came back better then expected so it works out.a
     
  15. Tom B

    Tom B TomB Everywhere Else

    I clicked your image link and the first thing that popped out at me is that the reverse image supplied by NGC made the coin appear dull and lifeless (taking into account already the NGC method of image acquisition) and this is often a telltale sign of a previously cleaned coin.
     
  16. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I've previously written about the apparent success rate of an unnamed large auction house getting problem coins into graded holders. I suspect this is hard to do, unless you are resourceful, and the problem with the coin is less significant with the target coin, than with others having the same type of problem.

    By resourceful, what I mean is that you probably need access to at least one other coin with a similar problem, but of much greater severity. An auction house of this size certainly has access to many more coins of the type needed for this purpose than do we.

    My guess is this will only succeed consistently with certain types of problem coins . . . hairlines not too concentrated in a relatively small area, light rim dings, spotting, light corrosion, a light scratch, a moderate wheel mark at a barely noticeable angle, etc. Serious problems are not likely to be forgiven by any professional grader, no matter what frame of mind he / she is in. The idea here is that submitting the worst coin just before the targeted upgrade is likely to desensitize the grader to the lesser issue on the next coin examined.

    As for me personally, I've resubmitted coins where I felt the problem was really disputable, and probably won the second time around about 50% of the time.
    I suspect this auction house has done very well this way, as I've been very disappointed at the large number of apparently overlooked problem coins in their auctions, and decided that I will never again make a special trip just to attend their auctions.
     
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