What should I do?
Prufrock322
Posts: 5 ✭✭
Looking for advice about whether to leave this coin in this early ANACS holder with a crack or am I better off sending it to PCGS for an attempt at crossover? The crack begins on the left lateral side and
runs across the face of the slab as shown. The reverse side of the slab is not cracked. Any opinions would be appreciated.
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Best Answer
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ifthevamzarockin
Posts: 8,902 ✭✭✭✭✭
Typically I like to save the old holders but I would try to cross that one.
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Yeah, you can't leave that coin in that holder. It screams "tampered with".
If I had a submission going somewhere I would crack out and send raw with that, otherwise no problem keeping as is unless you plan on selling it soon.
My recommendation is to crack it and submit it.... If you want to keep it. Otherwise, sell as is and buy one you like. Cheers, RickO
Disagree. It does scream "damaged slab" though.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Get it into PCGS plastic as soon as possible. That cracked slab is market poison on what should be a very desirable and valuable coin.
Welcome to the boards. Of course, it's in a safe place but crossed over might, or could increase the value, view, and collectibility. Or we could become friends and you could trade it off with me,for something else
Given the date, it's worth the crossover. You didn't give us close-up pictures, but from the look of the luster, you might get an Mint State grade, which would REALLY be worth it. ANACS had some periods when their grading was quite conservative.
The crack is distracting, but not a killer. However, I think it would be quite a bit more liquid in a PCGS holder. As for value, I guess I am interpreting the images differently than some previous folks who have posted since I think (from my squinting at the image) that AU58 is appropriate. As an AU58 this is around $1,200 or so and even in MS63 it is less than $2,000 so I don't see as much of an upside on the regrade as others might.
In honor of the memory of Cpl. Michael E. Thompson
Wow. People seem to get all crazy about imperfect holders these days. As long as the crack doesn't go across the face of the coin, I don't have an issue with it at all. The slab has protected the coin very nicely and it continues to do so.
You need to strongly consider the possibility that PCGS doesn't cross it to a straight-grade holder. Moving from a cracked ANACS 58 to a genuine, AU details PCGS slab is not a win. If you don't plan on keeping the coin, I'd consider selling it as-is and let it be someone else's decision. Sending it for crossover grading is guaranteed to cost you shipping, handling, and grading fees. Even if you are successful at getting it to a PCSG AU58 or MS63 holder, any value "gained" is offset by value "lost" in grading fees. Most coins submitted for crossover fail. If it's a coin you are going to keep, I'd just leave it as-is.
As there is risk with everything, the outcome doesn't justify the risk of sending this coin through the mail in my eyes. I like the old holder, crack or no crack.
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
There's more than just "risk" to consider. There is also "cost" to consider. Two way insured shipping and the grading fee is not inexpensive.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Give it a full crackout and send it in.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
I love those old soap bars and 58's. I would keep it as is.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
I'm just wondering if there's any chance ANACS would re-holder it in another old small white slab like that one?
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
I'll answer my own question: Yes there's a chance, not a chance in hell. But it couldn't hurt asking them.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Thank you all for your advice.
Lol. There is no way they have the materials available.
Agreed, but it was a nice thought.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )