What do you do with your coins that are body bagged?

SethChandler

Let's face it, getting a BB is very sour tasting. Its tough to keep the coin for your collection when you know it has problems. I know, I know what many of you are thinking, "if you like the coin, it doesn't matter what the sevices think" But lets say you buy a coin based on its toning...overall attactiveness, etc and it comes back AT, you hate the coin......now what?

longtimecollector

Questions like this make me sick........ Obviously you liked the coin when you bought it........ Obviously you thought it would fit in with your other "friends".........

Here's an interesting thought.... lets all send our wives/girlfriends to a "third party" rating service...... See how many come back body bagged for environmental damage or altered surfaces !!!!!

BUY THE COIN, NOT THE HOLDER !!!!!!!!

Baley

I think what you do depends on what you intended to do with the coin if it DID come back in a slab.

if you were going to sell it at a profit, then you can try again to get it slabbed, or you can sell it raw for whatever you can get and move on to your next deal.

if you were going to keep it for your collection, then I imagine you'd keep the coin raw, wouldn't you?

it depends on what the problem for the bb was, i guess. if it's counterfeit or altered or some such, sure, you got burned, learn and move on. if you paid a huge premium for rainbow colors, sure it's worth more in a slab, but if you bought it you should be able to sell it too, again, learn and go.

of course, I crack out far more coins that I submit. I submit to sell, and crack out to keep.

paigowjohnny

I've had 3 coins bagged for cleaning...sent all of them to a different top name service, and all 3 got graded at the grade I thought...go figure

LucyBop

I was wondering the same thing.... I wondered about dipping the coin and putting it in a album to tone it again.....

SethChandler

Sorry to make you sick, longtimecollector.

Recently I purchased a nice Rhode Island raw for about MS63 money, the coin was sent back for being cleaned. As I looked closer, I see where the coin has a patch of light hairlines underneath the toning, consistent with being lightly cleaned or wiped, I didn't see this before. Therefore I made a mistake and it was a learning experience. After viewing the coin more and more, I've developed that "sour" feeling and I just don't want the coin. I traded the coin to a for MS60 money. When we learn from our mistakes and use the knowledge for positive reasons what do you do with the coins that you've "learned" off of?

Barry

The only coin I've had bagged was a counterfeit. Returned it to the dealer for refund. No other coins bagged because I send to ANACS. If I pay for slabbing, I want the coin slabbed, regardless of cleaning, etc.

BillJones

I've had coins body bagged by one major service and graded by the other. There no more logic to some body bags as there is for some of the grades that coins get.

When all else fails, send the coin to ANACS. They will put it in a holder if it is real, and you will still be able to sell it.

Recently I had to buy a set of Lincoln cents as part of a deal. Unfortunately the 1909-S-VDB and most all of the keys had been whizzed. I could tell the 1909-S-VDB was genuine; it was just damaged. I sent it to ANACS, and it came back AU sharpness, net grade EF. I sold it to another dealer at a good price. If a coin is popular it will still sell even if it is in a qualified holder.

Counterfeits are another matter. If you get caught with one of those you are dead unless you have low ethical standards. That's why I advise collectors to buy only certified key date coins.

banknote1

Why not send the coin to NCS? They can remove PVC, and AT toning and also slab the "problem" coin. I send any coin that I think might get bagged to NCS. If they can fix the problem they will pass it over to NGC for grading...

BillJones

I think the jury is still out on how well NCS graded coins sell in the market. A local dealer has some, and they have not been disappearing. For now I'm sticking with ANACS.

I just had a coin "fixed" by NCS and graded by NGC. I submitted the coin knowing that I was 99% sure that that would be the outcome.

Keyrock

I've had a few sent back in BB's looked at them again and sent them back. On the second try (several weeks later) they came back encapsulated. When I get a BB I re-examine the coin for what I may have missed. If it doesn't pass I'll keep it or if flip it on ebay. They plastic is only a fancy holder and someones opinion.

Russ

I just had two coins bodybagged for artificial toning, a Morgan and a Jefferson.

The Morgan, I'm going to dip and see how it turns out.

The Jefferson, I'm going to resubmit because I think PCGS is wrong.

Russ, NCNE

cointoast

Russ.....The Jefferson always looked AT.

Isnt it the brother to the same one your selling on E-Bay? Selling AT coins is not cool....you should cancel the auction if you haven't already.

bloodhound1

I have tried NCS on a few submissions, hoping that my BB would be magically eliminated. Bottom line is that I now have an encapsulated coin, stil with a BB notation. Hard to say if it will have the same value (?) as an ANACs encapsulation...

fivecents

When I recieve a bodybagged coin I try to put all emotions aside and look at the coin to figure out what I missed. Finding the problem can be a great grading exercise. Sometimes the grading services are dead wrong(pun intended) and there is nothing wrong with the coin.


Paul

cointoast

ttt

Bikingnut

I've got a 1910 Liberty nickel that should grade MS63. It was bodybagged for AT, but IMO I think PCGS got it wrong. It has typical Liberty nickel toning, and it's not even heavy toning. I still have it in my collection and won't be parting with it.

wallstreetman

cointoast,

He already canceled it, I should know, I was going to snipe it!

cointoast

wallstreet...You were still going to buy Russ's coin knowing it was AT?

relayer

Russ is selling AT coins?

For shame