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<p>[QUOTE="benhur767, post: 2427000, member: 36818"]I had a discussion with a representative of NGC at an ANA show and this is correct. They request that labels from cracked-out coins be returned to them to avoid fraudulent uses. Once the coin is out of the slab, the label is no longer valid. Indeed, if the coin is no longer slabbed, how can you guarantee that the coin is in the same condition as it was when it was originally graded? You can't — therefore the grade on the label is void. Thus, the label is essentially useless for any legitimate purpose. Except, of course, to help you identify the ruler and reverse type, but I doubt that you need it for that. </p><p><br /></p><p>So returning it to NGC is the right thing to do, for the cost of an envelope and stamp. If you want to keep a historical record of the label for your file, simply make a photograph, scan, or photocopy as evidence of the coin's NGC provenance. If you want to provide evidence that it refers to your coin, take some photos of the coin in the slab before you crack it out.[/QUOTE]</p><p><br /></p>
[QUOTE="benhur767, post: 2427000, member: 36818"]I had a discussion with a representative of NGC at an ANA show and this is correct. They request that labels from cracked-out coins be returned to them to avoid fraudulent uses. Once the coin is out of the slab, the label is no longer valid. Indeed, if the coin is no longer slabbed, how can you guarantee that the coin is in the same condition as it was when it was originally graded? You can't — therefore the grade on the label is void. Thus, the label is essentially useless for any legitimate purpose. Except, of course, to help you identify the ruler and reverse type, but I doubt that you need it for that. So returning it to NGC is the right thing to do, for the cost of an envelope and stamp. If you want to keep a historical record of the label for your file, simply make a photograph, scan, or photocopy as evidence of the coin's NGC provenance. If you want to provide evidence that it refers to your coin, take some photos of the coin in the slab before you crack it out.[/QUOTE]
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