Your opinion: Should this large cent be slabbed?

braddick

I know sometimes PCGS will return a coin in a bodybag for various reasons.
I would think this slabbed cent would qualify for that exemption.
Your thoughts?

1Mike1

No, but if they went this far with it, the owner may as well have had them dip it.

jmlanzaf

They used to body bag such things in the past. In the current Era, most genuine coins end up in details holders instead.

logger7

Many coins like that should never have been sent in, waste of money. I'm not sure what other folks minimum value is to send coins in, but has to be at least $100 I would think. We have free choice though.

No Headlights

Most likely a metal detector find. Clean it up as best you can and enjoy it. No reason I can see to slab it. But it's your money.

Walkerguy21D

@logger7 said:
Many coins like that should never have been sent in, waste of money. I'm not sure what other folks minimum value is to send coins in, but has to be at least $100 I would think. We have free choice though.

I use $200+, and even then have quite a few that are still raw.

It’s good biz for our host, but then I think about junk like this clogging up the system while I’m waiting three months to get my submissions completed….

jclovescoins

Details look sharper than XF. Was probably an UNC coin before the extensive environmental damage

PerryHall

Whoever submitted this coin for slabbing should have also paid for the PCGS conservation service.

ricko

That coin might be improved with conservation... or not - the surface could be severely pitted. Hard to say from pictures. In that state, I would not have submitted it.... Cheers, RickO

PerryHall

@ricko said:
That coin might be improved with conservation... or not - the surface could be severely pitted.

I was joking about conservation. That's why I used a winky emoji. There's no way any conservation service would attempt to improve that coin. It's too far gone.

291fifth

Someone wasted money on having that slabbed.

JBK

There's the possibility that the coin had some other special value to the submitter.

BillJones

No, unless it's some sort of extremely rare Newcomb variety which needs to confirmed for marketing purposes.

1630Boston

That coin is actually in a PCGS Registry Set
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lkenefic

@PerryHall said:
Whoever submitted this coin for slabbing should have also paid for the PCGS conservation service.

lol... yeah, if they're going as far as to get TVs on it, they may as well have gone all the way and spent as much money as possible.

No, unless this coin is some rare variety, it should be raw and in a bargain box at $10...

davewesen

the submitter checked or left blank part 4 of the submission that says

HOLDER COINS WITH GENUINE DETAILS GRADES

they would only return in flip if not sure if genuine or PVC

dhikewhitney

Does not make economic sense to do so

oih82w8

I am sure that the submitter had their reason for doing so.

telephoto1

@PerryHall said:
Whoever submitted this coin for slabbing should have also paid for the PCGS conservation service.

Might as well. They're already buried from the grading fees so...in for a penny, in for a pound.

Edit to add that I agree with @Walkerguy21D ... stuff like this slows down sub times for everyone else.

JBK

Maybe it was dug at a Civil War battlefield, or found in someone's ancestor's back yard, or was someone's first metal detector find. We (here on the forum) will likely never know.

I have a couple coins that have historical value (in one case, just to me) that I will slab at some point. That's the best way, in conjunction with documentation, to preserve the provenance and history.

1630Boston

@JBK said:
Maybe it was dug at a Civil War battlefield, or found in someone's ancestor's back yard, or was someone's first metal detector find. We (here on the forum) will likely never know.

We could ask them
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braddick

I worded the question incorrectly.
My concern wasn't whether the submitter should have sent the coin in for grading yet rather
should PCGS have slabbed it (with active PVC and corrosion) on their end?

1630Boston

@braddick said:
I worded the question incorrectly.
My concern wasn't whether the submitter should have sent the coin in for grading yet rather
should PCGS have slabbed it (with active PVC and corrosion) on their end?

I understood your question

dsessom

If it had a few barnacles hanging off it, they could say it was ship wreck find.