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Is it ever a bad idea to reholder a coin?

jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
I have some coins that I wanted to get reholdered, one is due to a scratch on the holder that makes the coin look bad and the other one I wanted to see if it would upgrade. Is there anything I should consider before I send them in? Does a certain "type" of older have anything to do with its value?

Comments

  • PerryHallPerryHall Posts: 46,860 ✭✭✭✭✭
    Older type holders seem to bring better auction prices due to the perception that grading was more conservative back then.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • badgerbadger Posts: 1,217 ✭✭✭
    I reholdered some high grade silver proof Roosies from my collection to get a pedigree on the slab. After about three months, many of the coins developed white spots. I sent back them in and PCGS made good on the grade guarantee via compensation for the coins. Fortunately, these were reasonably available (1960-1964) in PR69 DCam. If the early 1950's coins had spotted, I'm not sure that I could have replaced them.

    Badger
    Collector of Modern Silver Proofs 1950-1964 -- PCGS Registry as Elite Cameo

    Link to 1950 - 1964 Proof Registry Set
    1938 - 1964 Proof Jeffersons w/ Varieties
  • PerryHallPerryHall Posts: 46,860 ✭✭✭✭✭
    Red copper in the older slabs is easier to sell because of the feeling that if the color hasn't turned brown or spotted in the many years since it was slabbed, the surfaces must be stable which is not necessarily true for a newly slabbed coin..

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • ShamikaShamika Posts: 18,785 ✭✭✭✭


    << <i>Red copper in the older slabs is easier to sell because of the feeling that if the color hasn't turned brown or spotted in the many years since it was slabbed, the surfaces must be stable which is not necessarily true for a newly slabbed coin.. >>

    Although this is especially true for copper, this is also true for other coins as well since they can "turn" in the holder.

    Buyer and seller of vintage coin boards!

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