How Much Damage will TPGs Tolerate to Slab a Coin?

Discussion in 'US Coins Forum' started by Eduard, Dec 17, 2012.

  1. Eduard

    Eduard Supporter**

    Let us take this 1828 Capped Bust Dime with large date as an example.

    It has some rim damage (minor, but still there) at 1 o'clock on the obverse, and one minor rim bump on the reverse at 9 o'clock.

    Will this keep one of the major TPGs from grading this coin?

    I really like, and it is a scarce one to find - but would the TPGs love it as much?
     

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  3. mrweaseluv

    mrweaseluv Supporter! Supporter

    They would still slab it but the ding will pretty much asure a "details" grade on the coin.

    Very very nice btw
     
  4. LindeDad

    LindeDad His Walker.

    I think both PCGS and NGC would details grade this coin. Too obvious to the naked eye to straight grade it.
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I'm not sure whether the rim hit on the obverse will prevent it from going into a regular slab or not. I'm leaning toward saying that it will.

    However, if as you said, you really like the coin, then what difference would it make to you if it did, in fact, come back in a "Genuine" or "Details" slab?

    Chris
     
  6. Eduard

    Eduard Supporter**


    No difference whatsoever - I like my coins raw, but I am curious.
     
  7. Eduard

    Eduard Supporter**

    Oh, and I forgot to say, I have observed all kinds of damage on TPG graded coins (Not 'Details' graded) - dings, scratches etc.
    I am sure you all have seen the same.
     
  8. LindeDad

    LindeDad His Walker.

    I agree but I also noted that most of them were holdered before either of the services changed their policies to offer "Genuine" or "Details" slab service. IE from the days of the body bags.
     
  9. medoraman

    medoraman Supporter! Supporter

    Yes sir I have. I would say in general its a function of age and/or rarity of the coin how much more lenient they are. Submit a Chain cent and it seems its MUCH easier to get it slabbed than a mercury dime.

    I like your coin a lot, and if the slabbers disagree then its their loss, not yours. :) I think it survived very well.
     
  10. lkeigwin

    lkeigwin Well-Known Member

    Sure, it will grade cleanly.

    Take a look at this 1843 Petite head large letters. It was cleanly graded by NGC as an AU58. I bought it at a Heritage auction. The rim damage was hidden behind the NGC prong. I discovered this after cracking it for my album.

    I spoke to NGC about this, providing before-and-after pictures. The best they would do for me is reholder it in another AU58 slab so I could resell it. I passed.

    Of course the large images make it look much worse than it appears in hand. But nonetheless, the TPG's will cleanly grade many coins with a certain amount of rim damage. How much is a good question (though we know they'll give older coins a lot more slack).
    Lance.

    [​IMG][​IMG]
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Eduard it's always a guess as to whether the TPGs will slab a given coin or not. That's because there are no set parameters. And it so arbitrary that even with the exact same coin, one day they will slab it and if you crack it out and send it in again they will not. And that applies to all of the reasons they use for not slabbing a coin.

    That said, my guess is your coin would slab. But that is by no means certain.
     
  12. 19Lyds

    19Lyds Member of the United States of Confusion

    My observations have been that slabbing and grading of a coin is totally relative "to the coin".

    For example, this coin,

    J44a Coin.jpg

    Should never have been graded according to the standards set forth by the TPG regarding damaged coins. 33 Punch Marks and grafitti on the reverse?? However, due to its rarity and significance as a unique pattern, it was slabbed AND graded.

    If I submitted an Eisenhower Dollar with the exact same damage, it would not get a grade but possibly a Genuine Slab.

    For the OP's coin, I have no idea except that the rim ding is fairly significant.
     
  13. GDJMSP

    GDJMSP Numismatist Moderator

    The TPGs can also change their policies. If memory serves, there was a time that neither PCGS nor NGC would slab a chop marked coin because chop marks are damage just like graffiti and or other (non official) punch marks are damage. But today, both companies will slab chop marked coins.

    This is yet another of the many examples of the TPGs changing their policies because their customers want them to change them.
     
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