Advice Please on Damaged PGCS Holder.

thebestMAX

A friend just sent me a PCGS MS-63 1878-CC Morgan Dollar that I left at his home and it arrived in the mail broken in half!!!

Broken across the top half just under the Grading Certificate, no coin damage and no way the coin could be slipped out and replaced with another coin. (Just for description purposes. I trust my friend implicitly)

Should I:

Submit the coin for reholdering? (I am not a member of PCGS)

Try to recover any amount from the USPS. HA! (It was sent insured)

Just put it away.

Sell it and buy another? Will this hurt resale value much if at all?

Any other thoughts appreciated.

relayer

I guess it depends on how damaged it is. If it is "broken in half" it wouldn't be covered under PCGS's gaurantee anymore.

I'd call them at (800) 447-8848 and see how bad of a condition it can be in to be reholdered.

Otherwise file an insurance claim with USPS

(BTW - USPS requires 2" of bubble wrap around insured items)

thebestMAX

Thanks, Relayer, interesting about that bubble wrap info. No way was there any room for 2" of bubble wrap on both sides of this and it would show. It was stamped "non machineable" but there is a bar code across the bottom reverse side.

Ill check with PCGS also.

Anybody else?

goose3

2" of bubble wrap around insured items



I've never heard that one before.

What if I'm insuring bubble wrap?

slipgate

If the USPS accepted and insured it, they have no recourse that is was not properly packaged, they are liable.

thebestMAX

What amount would be recoverable though? Think it would be worth the hassle??

I do have a receipt for the coin.

BigE

I have seen this happen with the heavier coins, I dropped one onto a hardwood floor and it snapped in two just like yours. I just kept it the way it was. The holder did its job and protected the coin---------BigE

BigE

Just scotch tape it back together and show it to PCGS when they are grading at a show----BigE

ColonialCoinUnion

I had a slab break in half in transit about 2 years ago.

It was a red brown unc. colonial coin and the slab shattered like a Christmas tree (note that my driver ed teacher in high school, Mr. Teefey, used to use this expression, but I still have no ideas what it means.). Fortunately the coin survived unscathed.

PCGS reholdered the thing without issue and we all went happily on our way.

thebestMAX

Hmmm, wonder if PCGS is going to be at the PBC show this week.

EDIT: Nope, guess not. I just checked their show schedule and they opted for the Venetian Show in Las Vegas instead.

michael

Submit the coin for reholdering? (I am not a member of PCGS)


I'd call them at (800) 447-8848 and see how bad of a condition it can be in to be reholdered. and if they can reholder then good for you send it in


if not then



Otherwise file an insurance claim with USPS

(BTW - USPS requires 2" of bubble wrap around insured items)

me thinks thast pcgs will just reholder it for you and it will cost you registered mail 15 dollars there approx and 125 dollars back and 5 for reholder 35 dollars total for you

after it is reholdered then file a claim for your fees for reholder 35 dollars

this is waht i would do

good luck keep me informed and let me know waht you do and how it turns out

PerryHall

If it was a clean break, I'd crazy glue it back together and enjoy my new coin.

KenzoT

TRUE STORY!!!!!!
Sold a 1893-O $1, PCGS AU55, shipped in DOUBLED up padded envelopes..
Returned because the PCGS slab was pretty well busted up, perfect when it left here, but still intact as a solid slab and the envelopes showed no sign of an impact to cause such danage.
I filed for the original $13 or so Registeded Fee to send the coin, the $14 or so it cost the damaged party in return postage, which I refunded to them, the $14 to send it to PCGS for reholder, the $14 to have the coin sent back as well as the $5 for PCGS reholder.
So, now I'm out $54!
My OFFICIAL RETURN CHECK????????
FIVE BUCKS!.....$5.00....FIVE BIG ONES!!!!!!!!!
FOR THE PCGS REHOLDER FEE!
Postage fees are thiers, no matter what!

Smitty79

<< <i>2" of bubble wrap around insured items



I've never heard that one before.

What if I'm insuring bubble wrap? >>



Then the first two inches of your shipment won't be covered by the USPS insurance.

mozin

You do not need to be a PCGS member just to have PCGS coins reholdered. Send it in along with any others you have that show too many scratches. Might as well make a bigger package. I routinely reholder when the holder is too scratched for my fussy taste.