Interesting New Holder

cosmicdebris

NGC Does Darkside in Mulit-Holder

oldshep

Now, that's not a bad idea. Very smart of them.
Shep

MSD61

Very cool!!!!!!!

goldrush00013

satootoko

Could this be the answer to the dillema of what to do about the PVC holders on Japanese Mint Sets from 1969-1983?



It would preserve the identity of the coins as a mint issue set while protecting them from their forced habitat

The Mint began using it’s own inert multi-coin holders in 1984.

mrpaseo

Interesting, I wonder if the slabs will all be the same size reguardless of the amount of coins. I would think they would for easy stacking/storing.

Pretty nice.

Thanks for sharing,
Ray

satootoko

<< <i>Interesting, I wonder if the slabs will all be the same size reguardless of the amount of coins. >>



Sure looks like it -



(Picture copied from the "ASK NGC" forum thread on new storage boxes)

Lloyd

Groan...

XpipedreamR

I just cannot get into these multi-coin holders. I like to play with my coins individually.

MacCrimmon

Coins, like women, are best appreciated, Bare Nekkid!!

ColinCMR

neat way to display them, but I too like to play with my coins alot. I'm in a grey zone here.

wybrit

I like the idea, but I'll stick to the airtites and the specially made inert holders. Only slabbing valuable coins if I need authentication/second opinion, mostly for selling purposes.

Lloyd

I was just thinking, imagine trying to crack them out of there... You'd need dynamite...

SYRACUSIAN

Personally, I believe that it's going to be a smashing hit.

On a side note, I'm still waiting for a Cyprus 1938 mint set to come back in such a holder. Submitted it last August in Baltimore.

kuhli

<< <i> >>



That looks vaguely familiar. At least the great little felt pouch and tissue paper part.
(yes, my coin still sits right here under my monitor)

satootoko

This may be a dumb question, but does PCGS have anything similar?

python

Satootoko, PCGS does have a multicoin holder.

MacCrimmon

<< <i>(yes, my coin still sits right here under my monitor) >>

lordmarcovan

That's what Don needs to do with one of those '37 Brit proof sets.

kuhli

Question #1 - Do you think that NGC (or PCGS for that matter), might fudge a little on one of these sets to make them match? I mean, with the set shown above, you think maybe, just maybe, they bumped the 25c up from a SP65 to a SP66 to make the set even? And I am not talking about this set specifically, just using this set as a hypothetical example.


Question #2 - If they don't "give" on the grades, then how do you go about upgrading a single coin? Would you have to pay for a re-packaging fee with the new up-grade coin involved? Or would this be something that you just accumulate all the coins individually graded/slabbed, and then submit them as a set to be re-packaged?

satootoko

<< <i>how do you go about upgrading a single coin? >>

Interesting question, but irrelevant to my reasons for thinking about doing it, which is strictly conservation of mint sets endangered by PVC, without losing the integrity of an originally issued set. The first ever Japan Mint Bureau set (1969) is cataloged at $650, but the individual coins catalog at a total of $6 in Unc; and a couple of the others are also a little pricey as a set with minimal value as individual coins.

Conder101

How do you prove the coins in the NGC holder are the same coins as the ones that were in the mint set?

When these holders first came out they were only matched sets (single grade) and in order to have your coins holdered you had to submit the coins already in NGC holders with matching grades and you paid a reholdering fee of $8 per coin. (Unless you were assembling a MS or PF 70 set. Then the reholdering fee was $40 per coin.) I would expect that upgrading individual coins could be accomplished by paying the heholdering fee. ($40 each time you did an upgrade. Better wait and upgrade several at a time.)

Coulport

I've never heard of a

<< <i>Mulit-Holder >>

before.

Is that one that is best seen under muted lighting?

satootoko

<< <i>How do you prove the coins in the NGC holder are the same coins as the ones that were in the mint set? >>


Stay tuned! I will either resurrect this thread or start a new one after the next Long Beach show, at which I am going to visit both the PCGS and NGC booths, PVC-clad Japan Mint Bureau set in hand, and ask a lot of questions.

I specifically want to know whether their label will specify that the coins are all from a single mint-packaged set if they are submitted in the original holder. I'll also be asking about how to get them the acetone bath they so desparately need and desire, without compromising the integrity of their mint set status. I can't see any way to bathe them myself and still have them certified as an original set.

Incidentally, this is not an issue with proof sets. The first one was issued in 1987, by which time the PVC folders had been abandoned in favor of inert hard plastic holders.

291fifth

An excellent idea for this type of item. The possibilities for this type of slab are interesting.

SYRACUSIAN

<< <i>The first ever Japan Mint Bureau set (1969) is cataloged at $650, but the individual coins catalog at a total of $6 in Unc; >>



For this reason, I'd be very reluctant to have an original mint set removed from its packaging and multislabbed by NGC.
As for the acetone bath, I'm pretty sure that any TPG will tell you to do it yourself, they don't even want to know about it.
NGC will probably suggest that you need to first submit them to NCS , their conservation service,
and then have them multislabbed, read $250+ cost for each set.
Even so, if you sell such a set to the market, there's no way of telling that this used to be an original Japan Mint Bureau set, rather than individual coins submitted.

Having said that, I still believe that it's a great idea,
especially for 19th or early 20th century mint or proof sets that justify the excessive slabbing costs,
and that were never issued as a set in their time (ex. a Meiji 3 mint set).

Also, I've never heard of the pcgs multislab before, I'd sure like to see what it looks like.

edited to add that it seems that the ngc multislab is already having a success with gold and silver commems .
Such as the two 100,000 yen coins for example, or the 4 coin Greek "revolution" 1970 set.

Conder101

One way you might be able to handle the Japanese set would be to submit it through NCS and then have it sent on to NGC for the multi-coin holder. The risk is that after the curating the coins may be found to be so damaged that NGC will not slab them. In that case you would get the coins back in individual NCS holders and you would probably lose the "Set" proof with out getting the holder you want and all you have are NCS holders with $6 worth of coins in them.

1jester

I think the multi-slab is an interesting and market-viable idea, and has some useful purposes. Satoo brings up some interesting points about maintaining the legitimacy of an original mint set, which I see as important. In the case of his corroded coins, it's simply a shame that PVC was ever used in the first place (and continues to be used by many people).

I also can't fault the Mouse's logic!!

ajaan

The 1937 Specimen Set shown is on eBay being offered by NEN. The six coin Matte set is the more common set.

Askari

A neat idea ... if you go for that sl@bbing thing.