Up Grading Coins From Older Slabs

Here's and older ANA slab. Is there a consensus out there that coin in these slabs would generally grade higher? Thanks!

 

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Like any other generation of slabs if resubmitted some would be higher, some lower and some exactly the same. A lot of people do believe that most of the older slabs are under graded which is one of the reasons why they carry a premium. A lot that would upgrade have been picked over by now when they're coins that have been selling a lot, if it is the first time it has come to market in a long time the chances are better it could be under graded.

 

Also keep in mind that some of the coins in the old ANACS slabs have been submitted but did not "pass the muster". So they remain in the old slab.

Chris

 

Black spotting or toning is very unappealing here's one case I think a quick dip would help before sending it in

 

A quick dip might help, but why? The difference between an MS63 and MS64 is $10 on Numismedia...which you'd lose in grading fees and then be in the red (especially when you factor in shipping costs.) It would have to jump up two grades to MS65 before you'd even make a theoretical profit...assuming then that you could sell it for FMV.

That being said, I kinda enjoy the old ANACS slabs. The two coins I played the resubmission game with ended up coming back at the same grade (so, yeah, I kinda wasted my money....)

 

Plus in those cases you're better off with a 1 point down old holder than the 1 point up brand new slab

 

I agree, I see a lot of really nice coins in these early holders but plenty of people have been onto this upgrade game for ( 20+? )years and surely a large percentage of coins that clearly have potential and have significant price jumps between grades have been resubmitted. Unless a coin in an old holder has been put away for a long time, it probably has been considered and passed over for resubmission before you ever saw it.

 

I agree with MaineBill. I wouldn't buy that quarter as it is regardless of what slab it was in, what the grade was, or what the price was. JMHO

Steve

 

If I was to guess the technical grade of the OP's coin I would say it is undergraded. Many would shy away from the spotty toning however. As an aside, I know these holders will impart toning to Morgans, I wonder how much of this toning happened post-slabbing.

 

Thanks for the feedback. I pulled up the ANACS "confirm certified coin" link....the coin is there. Question: Do the TPG's list the actual date the coin was graded? It doesn't look like they do. Is there any way to tell about when the coin was slabbed?

 

They seem very 'hush, hush' about that...........

 

Hmmm, interesting. Thanks.

 

I'm just wondering out-load here, I know it's all subjective. That's why I'm here on CT, I want your opinions. If this one is a 66!?!?!

http://www.ebay.com/itm/1936-S-PCGS...950715?hash=item5d61c04b7b:g:CWEAAOSwGotWkbZh

I know the black spotting or toning would clean up nice with a quick dip.

 

They don't list the actual date. The slab itself can narrow down the time frame to the periods that actual type of slab was used so you have a general idea and with enough looking the cert number can help narrow it a bit more, but only the TPG and the submitter know the actual date.

 

The best I can say is it was slabbed sometime between Nov of 1989 and April or May of 1990.

 

I don't think that coin is worth cracking out. Assuming the black stuff is toning, dipping it enough to get rid of that is likely to kill the luster unless you can manage to work a miracle.

Without a dip, it looks like it might be a technical 65, but it's so fugly it'd never go above 64 for sure, and there's an excellent chance it'd end up a 63 again, but in a not as cool slab.

I'd keep it the way it is.

 

Fro that coin, which I believe is not that rare nor valued in the $100s or $1000s, it would would not be worth re slabbing.

 

No, there is no consensus. As with all slabs, but the coin, not the label. Some are undergraded, some are overgraded. The coin in the OP has unattractive black spotting, and is limited to 63.

 

How many coins with toning like that have you dipped? Or better yet how many have you seen that have been over dipped by someone who thought the black spotting or toning would clean up easily with a quick dip and destroyed a coin out of frustration trying to remove the spots? That black spotting can be a nightmare to remove even by dipping as the luster usually strips before all the spotting will.