Do TPGs Slab Hobo Nickels, and How Do They Do It?

Discussion in 'Coin Chat' started by iPen, Feb 21, 2016.

  1. iPen

    iPen Well-Known Member

    Does PCGS or NGC slab them as damaged or tooled? Or do they simply turn them away since many of them many not indicate die markers (unless the date is left alone, but that's only one small part of the coin). Daniel Carr's 1964 Peace Dollar gets slabbed, right? But, that has the vast majority of the original coin intact. This could be a question for the TPGs directly via phone call, but maybe some of you know already or have seen them in slabs.

    There are some Buffalo era period coins that not only look very nice, but they fetch for some serious $$. Collectors love them but I'd be wary of ones claimed to be 100 years old or so without any sort of provenance / authentication. It would be interesting if the TPGs do or would in the future, slab these coins, perhaps in the likeness of exonumia (treated similarly to melting down silver coins and creating your own design on it). Maybe it would have a special, custom label on it.

    Thanks in advance!
     
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  3. baseball21

    baseball21 Well-Known Member

    Right now ANACs is the one that slabs his work. As far as Hobo Nickels I have never seen one in a PCGS/NGC slab before. ICG might do it as they will slab pretty much anything, but I don't believe PCGS or NGC do.
     
    swamp yankee likes this.
  4. Kirkuleez

    Kirkuleez 80 proof

    I would assume that they would all do it and just mark them damaged in some way. The coin is authentic after all. My question is why in the world would you want to slab a hobo nickel?
     
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  5. iPen

    iPen Well-Known Member

    They go for some crazy $$$$$ (that many digits, maybe some will fetch more). I think it would be prudent in case you're ever considering resale.
     
  6. green18

    green18 Unknown member Sweet on Commemorative Coins

    Works of art never need to be slabbed. They stand on their own merits.........
     
    Paul M., ThinnPikkins and rzage like this.
  7. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    I've not seen any slabbed. That doesn't mean it doesn't happen, I've just not seen it.

    If Dcarr's counterfeits get slabbed, than legitimate hobo nickels certainly should. Of course, I don't think Dcarr's counterfeits should get slabbed, so take that how you will.
     
  8. baseball21

    baseball21 Well-Known Member

    Lol here we go again. Some people just cannot help themselves it seems.
     
    Paul M. likes this.
  9. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    It was Dcarr himself, in an extensive thread on another forum, who made the analogy between his counterfeits and legitimate hobo nickels. I am merely explaining the comparison that the OP himself made.
     
  10. baseball21

    baseball21 Well-Known Member

    They're not counterfeits no matter how many threads on how many forums you call them that. And yes I saw that thread where he compared how both were defacing a current coin. I'll let him expand further if he chooses to make sure I don't misrepresent his point
     
    Paul M. likes this.
  11. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Did you also see the eloquent, well researched legal argument against him?

    In any case, to return to the OP - no, PCGS and NGC don't slab hobos. I don't know about the others.
     
  12. baseball21

    baseball21 Well-Known Member

    It was you opinion, the government is aware of his activities they disagree. Even if they agreed a court would have to as well. There was just as strong of a counterpoint against everything you said but I will leave it at that.

    For the OP I should have added if you're worried about slabs for protection get some of the do it yourself slabs. People buy them for the art not the grade and obviously you won't have any MS hobo nickels. I don't really see hobos as an area PCGS or NGC would want to enter
     
  13. rzage

    rzage What Goes Around Comes Around .

    Did the government really say they approve of his overstrikes , or are they just too busy to care ?
     
  14. Kirkuleez

    Kirkuleez 80 proof

    The ones that go for crazy money are by a few particular artists and they are pieces that can be traced to them. I don't see what a slab can offer in this regard. I don't see them authenticating the artist, only that the coin (or canvas if you will) is authentic.
     
  15. jwitten

    jwitten Well-Known Member

    Then we need to go take out all of the famous paintings from their frames!
     
    baseball21 likes this.
  16. thetracer

    thetracer Active Member

    Save some money and slab it yourself!
     
  17. baseball21

    baseball21 Well-Known Member

    They're never to busy to care. Didn't really want to turn this into a Dcarr debate again, but as a quick side note there is precedent on his side. They went after Norfed who was legitimately making an alternative currency and last summer a court ruled that all of the sized material must be returned.

    Lol I will keep all my paintings raw from now on.
     
    Paul M. likes this.
  18. rooman9

    rooman9 Lovin Shiny Things

    Fight! Fight! Fight! (Couldn't help myself)
    e05fdd50e89ae9d4ecb3f73ec8546bf7.gif
     
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  19. saltysam-1

    saltysam-1 Junior Member

    I have seen the displays by the National Hobo Society at their show both over many years. (Both the ANA Money Show and the Winter FUN Show) They have never had a slabbed Hobo Nickel at their both. If they do slab them, you would think at least one would show up over time.

    I just looked at the 800+ listed on eBay. Not one is slabbed by a TPG. There was one in a slabbed holder but no TPG name on it. My guess it is a personal holder used by the current owner. No grade assigned, but the owner purchased the raw coin through the Hobo Society..... Guess who? No other than Daniel Carr.
     
    Last edited: Feb 21, 2016
    Paul M. likes this.
  20. ThinnPikkins

    ThinnPikkins Well-Known Member


    By far the best statement in the pack! I paid $500 dollars for a hobo half dollar, and lost some auctions cause I did not put in more then 500.
     
  21. mac266

    mac266 Well-Known Member

    I know the NGC site specifically says it will not slab hobo nickels. I can't speak for the others, though.
     
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