Has PCGS,NGC or ANACS ever confiscated a coin that was sent in to be graded?

fivecents

Say someone submited a 1964 Peace dollar , a 1974 alluminum Lincoln cent , 1933 $20 saint or something else unauthorized by the US goverment.
Has PCGS, NGC or ANACS ever confiscated a coin for any reason?

jsnruf

They won't confiscate them, but they will undergrade them out of spite

MICHAELDIXON

What legal authority would a TPG have to confiscate a coin? They could call the Secret Service, etc, but it would not be in their best interest to turn anybody in. That would destroy their credibility in the numismatic community.

fivecents

Good one dude.

fivecents

<< <i>What legal authority would a TPG have to confiscate a coin? >>

So you think they would holder it?

Russ

David Hall is on record as saying PCGS would not confiscate the "unauthorized" coins.

Russ, NCNE

kieferscoins

ICG did not confiscate the aluminum cent....we slabbed it.

Cameron Kiefer

MICHAELDIXON

So you think they would holder it?
.
Check the Q&A Forum and David Hall's answers.

fivecents

<< <i>David Hall is on record as saying PCGS would not confiscate the "unauthorized" coins. >>

I wonder if he would report it to the goverment or keep it hush, hush?

fivecents

<< <i>Check the Q&A Forum and David Hall's answers. >>

I'll pass on that. Action speaks louder than words.

PerryHall

Didn't one of the TPGS's get one of the stolen DuPont coins in a submission for slabbing and turned it in to the FBI?

Purple73

See posts below

foodude

Didn't one of the TPGS's get one of the stolen DuPont coins in a submission for slabbing and turned it in to the FBI?

Not sure of all the details, but yes a submitter of an 1804 dollar did not get it back. That dollar had been stolen from a DuPont in 1967. It was submitted to ANACS in the '80s. The coin was returned to the DuPont's.

About a year and a half ago someone submitted a very high grade 1919-S (?) SLQ. That coin had gone missing from the 2004 FUN show. It was cracked from the holder it was in and submited to NGC for show grade at a Baltimore show. The orginal owner of the coin got it back.

In both cases local law enforcement or the feds were contacted by the service to facilatate the return of the coin to the proper own.

Purple73

Yep Foodude, Here is the thread:

1919 SLQ story


PURPLE!

ROBERTB

I asked NGC this and they said that they'd simply return the oin to the owner unslabbed.

Conder101

As you saw above ANACS contacted the authorities and set up a sting to catch the submitter of the stolen DuPont 1804 dollar. (Actually I believe they were involved with the recovery of both of the stolen DuPont 1804 dollars) When NGC was sent the stolen DuPont 1866 no motto quarter they simply slabbed it as a regular proof 1866 quarter and sent it back to Superior. (Of course Superior had also missed that it was the unique no motto quarter themselves boh before they sent it in, and for several weeks after it came back from NGC.)