Message:

<p>[QUOTE=&quot;gboulton, post: 1249829, member: 27043&quot;]Yes and no. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>No...it doesn&#039;t &quot;lose the grade&quot; in the sense that it is suddenly no longer whatever grade it was.&nbsp; It&#039;s still the same coin, still in the same condition.&nbsp; If it was an MS-62 coin before (please note...I didn&#039;t say if it was GRADED MS-62...I said if it WAS an MS-62) then it is still an MS-62 coin...presuming, of course, no damage was done to it while cracking the slab.</p><p><br /></p><p>However...in terms of being able to &quot;validate&quot; any sort of grade, yes...it&#039;s lost it&#039;s grade.&nbsp; In this sense, you can no longer say &quot;PCGS graded this coin MS-62&quot; and have that mean anything...since, bluntly, you can&#039;t prove it.&nbsp; Sure, you may have kept the label from the slab, you may even have kept the parts of the slab.&nbsp; But..bottom line...you can&#039;t PROVE that&#039;s the same coin you cracked out of that slab.</p><p><br /></p><p>Now...might some folks &quot;trust&quot; you, if you document what you&#039;ve done, or if they have a relationship with you?&nbsp; Sure.&nbsp; And, let&#039;s face it..it IS the coin PCGS gave and MS-62 to...so, one presumes it&#039;s at least PRETTY darn close to an MS-62 quality coin. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>But the fact remains...once the coin&#039;s out of the slab, it&#039;s no longer a &quot;PCGS MS-62&quot; coin...and any grade assigned is simply a matter of opinion and trust.</p><p><br /></p><p>The coin could, of course, be submitted BACK to PCGS...and, more often than not, would receive the same grade (though, any search on this site or others will let you know quite quickly that grades to &quot;change&quot;...but that&#039;s a whole different topic *heh*) but PCGS would, indeed, have to re-grade the coin.&nbsp; They don&#039;t give it any sort of &quot;secret hidden marking&quot; to identify it and say &quot;Oh yes...this was coin so-and-so&quot; once it&#039;s out of its serial numbered slab.</p><p><br /></p><p>So...</p><p><br /></p><p>No..it doesn&#039;t magically become something other than what it was, simply by virtue of being out of the slab.</p><p><br /></p><p>But yes...it loses &quot;verification&quot; of its grade, and as a result, quite likely much of the market value that went with said grade.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in