Something to look/watch out for with coins in older holders and this something is NOT good...

coinguy1

Many, if not most collectors and dealers, upon hearing the alluring words “old(er) holder”, immediately think about good things such as under-graded, upgrade and $.

But, it’s not all good with older holders. In addition to the fact that many coins in older holders are no better, quality-wise, than ones in newer holders, I have seen a good number of coins with PVC in older holders. And, many of these PVC affected coins have enough PVC on them, so that they surely did not look that way at the time they were graded and encapsulated. In other words, the PVC has gotten worse over time.

So, the next time you see a coin in an older holder, rather than getting excited about how it might be a good up-grade candidate, take a good look at it and make sure it hasn’t been contaminated by PVC.

RKKay

Party pooper.

Good point, Mark.

Edited to correct typo.

Myqqy

Good point- I'm officially tired of dealers who claim that every coin they sell in an old holder is a prime upgrade candidate......

ultradmpldollars

Mark, I had a 83-cc 63 dmpl at one time that was in a rattler, that had some PVC on the reverse.

Older holders do not always mean better, I have seen numerous overgraded coins in older holders also.

barberlover

You suck Mark !!!

{Just kidding}

Les

jdimmick

Excellent point Mark, and although I see a very small percentage of the coins you see on a daily basis, I have to agree.

If I recall, when i do see it, it seems to be more prevelant on Peace $ and some Morgans.

kieferscoins

Buy the holder and not the coin! (if it is a scarcer type of old holder)

Cameron Kiefer

michael

great thread

can someone post on here a COIN thaT HAS PVC ON IT SO WE KNOW WAHT IT LOOKS LIKE? ALSO

are there dead giveaways what pvc looks like as compaired to similar toning thst might look likepvc but is not?

michael

Longacre

Good point. It's funny how many times the "old holder" comment makes it into the description of the coin.

Elcontador

Thanks for that, Mark. Don't forget about the 'RB' Unc. copper with 5-10% original RD that always seems to show up in major auctions, which would be BN if slabbed today. Lastly, don't forget the butt-ugly technically graded coins with less than no eye appeal which is in these holders.

GoYankees

Good point Mark.

I've bought many Old-Green PCI slabbed coins. After cracking them out I give the sliver coins an acetone rinse just to be safe.

Strat

Mark,

This PVC problem is something I've noticed on a regular basis over the last few years. I have observed many coins in older holders with PVC developing, so I now treat such coins before resubmitting them. As well you know, getting a bodybag for PVC contamination is not only disappointing, but hurts profitability as well, and reveals that I missed something wrong with the coin. It's important for everyone not to assume that their older slabbed coins are free from contaminants. For the sake of information, PCGS will rectify PVC problems under their guarantee service, although such coins must be submitted through a dealer. NGC will also remove PVC under their Appearance Review Service. I have used both of these services with good results.

Be careful out there!

relayer

<< <i>Party pooper.

Good point, Mark.

Edited to correct typo. >>



Which did you have trouble spelling - Party or pooper ?