Received an ANACS slabbed lincoln LP1 months ago. Cent was attributed MS67. It looked terrible. Opened it up and sure enough it is poorly graded. I want to send it back but cannot reseal it like it was. Any suggestions.
Once the slab has been tampered with it's just like it never existed in the first place. Your only option is to resubmit the coin raw and have it graded again.
It's possible the original coin was taken out and swapped with the one you ended up with but since you've opened it, there's no way to prove it. Live & learn! Ribbit
Stupidity! No, I figured the coin is so bad that I could actually find a much better LP1 cent and reinsert it in the slab and reseal it. ANACS was the coin grader. I'm ashamed to say it that I got it through HSN. The thing that torques me is that ANACS let HSN put these coins in slabs. NO CERTIFIED number was assigned to the slab. This to me made this cent worth only one cent. I called ANACS and they said they stood by every coin that had there name on it. B-------T. ANOTHER LESSON LEARNED BY ME.:goofer::hammer:
ANACS did not "let" HSN put those coins in the slabs. HSN sent the coins to ANACS and ANACS put the coins in the slabs. Sometimes on these bulk shipments from the TV promoters the coins don't get serial numbers, especially the ones with special fancy labels. When you called and they said they stood behind them did you send it back for them to review it? In other words, did you give them a chance to stand behind their opinion? And if you had already cracked it out, of course they won't stand behind it, it no longer has thier name on it. I hope the lesson you have learned is learn to grade, and if the con in the holer doesn't match your opinion, send it back. Because once you open the holder all guarantees and return priviledges are void.
So far no one asked how badly is the condition of the slab. When you opened it did your damage it, crack it, break it? I've opened many, many slabs and usually there is no way to reseal a lot of plastic pieces. But on a few occations, for some reason, the slab just sort of opened all in half. I guess if I wanted I could have put anything in those and had some fun showing it to people. I'm sure though that the one you opened is obviously noticeable as being opened and any dealer, company, organization would suspect you tampered with changing the coin.
The slab I opened doesn't have a mark on it. It's clean. I tried extreme pressure with and without it be in a vacuum sealed bag to reseal it.. If I tried to use just a tiny, tiny dab of ,like crazy glue, it would be obvious to the naked untrained eye. I can only guess slabs are sealed with special heating units. Or else it is a onetime fit and even when carefully opened, as I did and it came open easily, you cannot reseat them to stay.
Zeke, a slab isn't just a coin holder with a description - it is a GUARANTEE that the coin placed within it has been authenticated and graded by a specific organization that stakes its reputation on the information provided about the specific coin that THEY placed within the slab. To replace a coin within a slab with a DIFFERENT coin is fraud if the slab should ever be sold, either by you or your heirs. Once a slab has been opened, it is of no value and can NEVER be legitimately used to house a coin unless its identification has been removed (i.e., the labels discarded).
I still have the original LP1. It wouldn't be worth it now to get it graded again. I can live with this.
To paraphrase the sign often seen in in china shops ("You break it, you bought it."): You crack it out, you own it.
Your intention to reseal the once slabbed coin is really dishonest and could be considered fraudulent if you tried to sell it. If you break open a GRADED slab you must realize that that coin is now a raw coin, subject to anybodys regrading. Leave it alone. Accept the fact that you probably overpaid on HSN and either resubmit it to any of the top 3 TPGs, or keep your penny to yourself. Bruce
Unless you planned on keeping the coin, the slab should never have been cracked. Not a good practice to attempt again. I'm certain you agree, now. Just think you might have been able to purchase the real thing in CT auctions.