Grading
RANDY2025
Posts: 2 ✭
I have a 1883 -CC 5$ Liberty Half Eagle. It was sent to NGC to be graded. I came back not encapsulated due to the fact it had "glue Residue" I e-mailed NGC, and they just said it was not graded due to the glue issue. The charged me $123.00 and returned it in a vinal packet. the total out of pocket was well over $200 with insurance and shipping. Is this normal. I am new to this forum. Looking for some input. This is a nice coin that I am interested in selling. Thanks for any help.
Randy
Best Answers
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1madman
Posts: 1,545 ✭✭✭✭✭
Unfortunately this is the norm. I wish the grading companies would consistently reach out and say if there are coins that are in our orders that would benefit from restoration, would you like to have it done before they are sent back.
Try soaking in acetone to remove the glue, then resubmit.
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291fifth
Posts: 24,510 ✭✭✭✭✭
As long as it has the "glue residue" it is not a "nice coin". It is a problem coin that will continue to cost you money. If a soak in acetone fails to remove the glue residue you may be better off just selling it as is with the problem noted rather than continuing to spend money on it. Because it is a "CC" it should still bring a decent amount.
All glory is fleeting.3 -
MsMorrisine
Posts: 34,128 ✭✭✭✭✭
yes that is the norm
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions0
Answers
photos front and back, well lit, straight on, and top at the top without rotation
I thought all the TPGS graded coins with residue in a detail slab. For a while, NGC sent a note suggesting conservation. I think that was before "detail" grading.
Yes your experience is the way it goes when you send in coins with foreign material on them. Did you see the glue residue prior to sending the coin in?
My Collection of Old Holders
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They do not, at least not on purpose. A foreign substance on the coin will mean that the coin may not be stable over time. The more common case is PVC, but any foreign substance could be chemically active.
I thought I've seen detail holders with "residue" before. You are the dealer so for now, I'll have to believe you but I'm pretty sure some of the TPGS's will slab coins with glue residue. PVC may be different because that will continue to degrade a surface.
I bet you have seen such detail holders. 😉
Glue residue:
https://coins.ha.com/itm/lincoln-cents/1922-1c-no-d-strong-reverse-fs-401-glue-residue-cleaned-anacs-details-vf30-pcgs-37676-/a/132507-23091.s?ic4=ListView-ShortDescription-071515
Tape residue:
https://coins.ha.com/itm/morgan-dollars/1880-cc-1-tape-residue-pcgs-genuine-vg-details-mintage-591-000-pcgs-7100-/a/132505-29655.s?ic4=ListView-ShortDescription-071515
Unspecified residue:
https://coins.ha.com/itm/morgan-dollars/1902-s-1-residue-pcgs-genuine-xf-details-mintage-1-530-000-pcgs-7282-/a/132504-27764.s?ic4=ListView-ShortDescription-071515
Unspecified residue on a gold coin:
https://coins.ha.com/itm/liberty-half-eagles/1847-5-residue-pcgs-genuine-xf-details-mintage-915-981-pcgs-8231-/a/132448-27795.s?ic4=ListView-ShortDescription-071515
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I stand corrected. I didn't recall seeing any until they were just posted. I'm rather surprised they do given the chemical problem I mentioned. Any residue, especially unspecified could be chemically active.
Getting stuff graded yourself is becoming less attractive given the grading fees and the high shipping costs. Years ago it cost me almost $50 just to get a coin re-holdered, and I submitted the coin at a show. Never again. If the holder is messed up, I pass. Getting paper money graded took over three months.
If I want something graded, I buy it in the holder. Doing it yourself is not worth the time and expense.
the photos are too out of focus
small also
could be the lighting but the color looks a little dark