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Regrade question

I have a few coins in the old holders. I appologize to you veterans but the old holders look very poor and the coins often rattle and they don't even fit in an "official PCGS box".

So, I was thinking of resubmitting a couple.

Now, my fear is that they would be down graded. Is that possible? Also, if I just tell them I want a new case will they just do that without grading at all?

Any help would be appreciated!

Comments

  • All you need to do is submit them for "re-holder" and they will come back in a new holder with the grade and serial number of the old holder. No regrading involved and it costs only $5 per coin. I just had several "rattlers" re-holdered.image
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    This may not apply since you are worried about downgrades, but when you re-grade you can put a minimum grade (such as what it is already) so you cannot go down.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • itsnotjustme,

    Let me clarify. You can put "minimum grade" on any regrade/upgrade attempts and it CANNOT go down!

    Please clarify as I really did not know that!
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    When you send in a re-grade, you can specify on the invoice the minimum grade at which they will re-grade it... if the coin does not warrent the minimum you specify, it will come back the same as it was. You still need to pay the fee of course.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • prooflikeprooflike Posts: 3,879 ✭✭
    Just pay the $5 and get a reholder, it is safer(although you may get fingerprints, etc..) and cheaper.

    image


  • It might be wothwhile to send them in for regrade. If you put down the existing grade as the minimum grade that you will accept they will at least come back at the same grade they are now. I have done that with several of my Morgans and received some very nice upgrades- an 1897 MS63 PL came back MS64 DMPL, and 1879 MS63 DMPL came back MS64 DMPL, an 1889 MS63DMPL came back MS64 DMPL and several others upgraded. Some did stay the same and the only one that I cracked out, an 1880 MS64 DMPL came back MS64 PL. If you are worried about fingerprints don't send them in at all because to reholder them they have to be "handled".
    Good Luck.



    Macqui

    GC's DMPL Set
  • TomBTomB Posts: 21,375 ✭✭✭✭✭
    If you submit the coins in the holder then you don't have to put a minimum grade level down, they cannot be downgraded. This policy only holds if the coins are submitted still in the PCGS holder.
    Thomas Bush Numismatics & Numismatic Photography

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

    image
  • cointimecointime Posts: 2,013 ✭✭✭✭✭
    Tom,

    Good point. If the coin would receive a lower grade, this is where the PCGS guarantee comes into play and they would take care of you.

    Ken
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