Coin handling with bare hands, is it ok?

Discussion in 'Coin Chat' started by james2000, Dec 18, 2019.

  1. james2000

    james2000 Member

    I am thinking to submit a coin to get new slab due to damaged old slab. My concern is since the coin is slightly toned, will reholder process affect the coin surface quality and the tone?
    I came across this video and saw how people handle the coin with bare hands throughout the whole process. Will that be ok? thanks in advance.
     
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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    They only handle the edge.
     
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  4. CamaroDMD

    CamaroDMD [Insert Clever Title]

    The proper way to handle coins is with bare hands. There is a technique to do it safely...but bare hands is the way to go.
     
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  5. Lehigh96

    Lehigh96 Toning Enthusiast

    Can you show us a photo of the damaged slab?

    You don’t need to resubmit the coin for grading, both NGC & PCGS have a reholder service. I am an NGC member and the reholder price is $10, but they also force you to create a new invoice for each type of submission which carries a $10 handling fee which brings you to $20. Depending upon the value of the coin, it might be cheaper if you crack the coin and resubmit it for grading, especially if it has any chance of upgrading. I don’t know if PCGS does this or not.

    If you only have one coin, you are better off piggybacking your coin onto someone else’s submission (eg local coin dealer) for a small fee.
     
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  6. james2000

    james2000 Member

    it's a PCGS slab. Two corners of slab are damaged. The coin itself is fine. The display window is scratched too that bothered me the most. I like this coin a lot and want to see it in better holder. I already contacted 3 local PCGS dealer but they did not reply any of my email. It was the same coin several members here helped me out last week.
    IMG_2380.png Screenshot 2019-12-18 at 5.39.57 PM.jpg 0.jpg
     
    Last edited: Dec 18, 2019
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  7. GSDykes

    GSDykes Well-Known Member

    Great toning. I can see why you may be hesitant to resubmit, however I think (note think) that the toning will not be affected. But get advice from those who have done this same thing before. Lehigh (Paul) is experienced here.
    Gary in Washington
     
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  8. kanga

    kanga 65 Year Collector

    I believe if you submit it to PCGS for just a new slab everything else will remain the same.
     
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  9. Razz

    Razz Critical Thinker

    Only you can decide to reholder or not. I will point out that a 1998 bullion piece in MS69 is retailing for $35. So does the toning bring a premium above what a 68 is worth?
     
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  10. Lehigh96

    Lehigh96 Toning Enthusiast

    That toning is incredible and was almost certainly caused by the insert of an old PCI holder. I have owned a half dozen of these over the years and all of them sold in the $125-$150 range and that was in the PCI plastic. In a PCGS holder, my guess is that these would sell for at least $200. A dealer at the Allentown/Bethlehem show a few weeks ago had one listed at $250.
     
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  11. james2000

    james2000 Member

    some in ebay are asking pretty high price. I will be in my first coin show in Long Beach in 02/2020. Can't wait. It's just the toned coin are my introductory to this hobby, thought they are special.
     
  12. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'd leave in the damaged slab as the slab is not broken, just a small piece had been broken off.
     
  13. Lehigh96

    Lehigh96 Toning Enthusiast

    I just checked E-Bay sold auction listings for these toned ASEs. The price range was from $200-$500, but those in the upper range had much more dramatic toning than your coin, which I would value at $200-$250.

    I know you are new to the forum and if you are serious about collecting toned coins and refining your skills on how to valuate toned coins, feel free to read and participate in our toning premium thread linked below.

    The Toning Premium Thread Part 2

    It is a long thread, but very fun and very educational.
     
    Paul M. likes this.
  14. Lehigh96

    Lehigh96 Toning Enthusiast

    +1, I don't see the value in have that coin reholdered.
     
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  15. Lehigh96

    Lehigh96 Toning Enthusiast

    FYI, it occurs to me that some readers of this thread might never have seen one of these in their original PCI holder, which ironically almost always came with a label that said "100% white."

    [​IMG]
     
  16. james2000

    james2000 Member

    Great info thanks.
    About the price, the sad thing is the coin can be valued as such but if seller is unwilling to sell, there is nothing the buyer can do. you know what I mean. I saw a nice toned coin selling for $350. I sent seller message if I can get it for $300. Within half an hour that coin was gone, someone bought it. lol.
     
    GSDykes likes this.
  17. Collecting Nut

    Collecting Nut Borderline Hoarder

    That's why I made that comment. :)
     
  18. Lehigh96

    Lehigh96 Toning Enthusiast

    I agree with you, thats why I typed +1
     
  19. Collecting Nut

    Collecting Nut Borderline Hoarder

    I know that's why I gave you a like. :)
     
    Lehigh96 likes this.
  20. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    You can polish the scratch out of the lens with headlight polish.
     
  21. Collecting Nut

    Collecting Nut Borderline Hoarder

    Yes but does it work on coins? Lol
     
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