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What should I do?

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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    daltexdaltex Posts: 3,486 ✭✭✭✭✭

    Yeah, you can't leave that coin in that holder. It screams "tampered with".

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    davewesendavewesen Posts: 5,853 ✭✭✭✭✭

    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.

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    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

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    PerryHallPerryHall Posts: 45,436 ✭✭✭✭✭

    @daltex said:
    Yeah, you can't leave that coin in that holder. It screams "tampered with".

    Disagree. It does scream "damaged slab" though.

    Worry is the interest you pay on a debt you may not owe.

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    291fifth291fifth Posts: 23,942 ✭✭✭✭✭

    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.

    All glory is fleeting.
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    TwoSides2aCoinTwoSides2aCoin Posts: 43,848 ✭✭✭✭✭
    edited January 25, 2023 8:08AM

    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 :joy:

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    BillJonesBillJones Posts: 33,484 ✭✭✭✭✭
    edited January 25, 2023 8:14AM

    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.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    TomBTomB Posts: 20,732 ✭✭✭✭✭

    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.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
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    BryceMBryceM Posts: 11,733 ✭✭✭✭✭

    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.

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    jacrispiesjacrispies Posts: 717 ✭✭✭✭✭

    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.

    "For the wages of sin is death, but the free gift of God is eternal life in Christ Jesus our Lord" Romans 6:23. Young fellow suffering from Bust Half fever.

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    PerryHallPerryHall Posts: 45,436 ✭✭✭✭✭

    @jacrispies said:
    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.

    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.

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    privatecoinprivatecoin Posts: 3,187 ✭✭✭✭✭

    Give it a full crackout and send it in.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

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    OAKSTAROAKSTAR Posts: 5,817 ✭✭✭✭✭

    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! 🤣 )

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    OAKSTAROAKSTAR Posts: 5,817 ✭✭✭✭✭

    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! 🤣 )

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    OAKSTAROAKSTAR Posts: 5,817 ✭✭✭✭✭

    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! 🤣 )

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    Thank you all for your advice.

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    jmlanzafjmlanzaf Posts: 31,943 ✭✭✭✭✭

    @OAKSTAR said:
    I'll answer my own question: Yes there's a chance, not a chance in hell. But it couldn't hurt asking them.

    Lol. There is no way they have the materials available.

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    OAKSTAROAKSTAR Posts: 5,817 ✭✭✭✭✭

    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! 🤣 )

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