Home U.S. Coin Forum

If you bought a tpg coin that was cracked out and could prove it was the same coin, could it be sol

I bought this 42d almost 2 yrs ago. The person was working on a lincoln set and cracked them out of the slabs.
This was in a pcgs 66 slab. gave me the auction number. I went on the Heritage site. no doubt it's the same coin. Could I get 66 money for it even though it's out of the slab ?.

1st pic is the heritage site in the slab

image

2nd pic is cracked out has same conatct marks
image

Comments

  • No, you would not be able to get 66 money for it.
  • Why not ?. If I could prove it's the same coin. It lives in my dansco licoln set
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,444 ✭✭✭✭✭
    How many fingers have touched the coin since it was cracked out. What did those people eat before handling the coin ? Did other people touch the coin after it was cracked out ? Was the coin subjected to the environment ? How much is someone willing to pay for the coin ? How much to get it slabbed ?

    The problems with "if's' is that I have so many variables. Essentially, anything is worth what someone else is willing to pay. Just because it's the same coin don't mean it's the same condition.
  • commoncents05commoncents05 Posts: 10,093 ✭✭✭
    It is no longer certified. Who knows what happened to the coin after cracking it out.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
  • A 1942d pcgs ms66 red isn't worth hardly anything in any event. With those spots, even less.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image


  • << <i>Could I get 66 money for it even though it's out of the slab ? >>



    You're free to ask as much as you want.

    My guess is that a buyer who wants a certified MS66 specimen, and is willing to pay full price for it, is going to want it to be in the holder.
  • ElcontadorElcontador Posts: 7,579 ✭✭✭✭✭
    The only kind of coin where you could get away with this is one where you can trace its provenance; ie, a TDN kind of coin.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • OKbustchaserOKbustchaser Posts: 5,524 ✭✭✭✭✭
    You can sell it as any grade you wish to give it. All you need is a buyer who agrees that it is that grade.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • ConnecticoinConnecticoin Posts: 13,009 ✭✭✭✭✭
    With those spots it will never reside in a 66 holder again.


  • << <i>The only kind of coin where you could get away with this is one where you can trace its provenance; ie, a TDN kind of coin. >>



    Even then it's an uphill battle.
  • IGWTIGWT Posts: 4,975
    Unfortunately, without the plastic, you'll probably be able to get only what the coin is worth.
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭


    << <i>You can sell it as any grade you wish to give it. All you need is a buyer who agrees that it is that grade. >>




    image
    Some coins are just plain "Interesting"
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    All I can say is I hope you did not pay PCGS MS66RD money for it.
  • 291fifth291fifth Posts: 24,463 ✭✭✭✭✭
    The moment the coin is cracked out the certification, and all guarantees relating to it, ends. It becomes just another raw coin.
    All glory is fleeting.
  • FrankcoinsFrankcoins Posts: 4,569 ✭✭✭
    No
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • BarryBarry Posts: 10,100 ✭✭✭
    Most people who collect MS coins, collect the plastic, not the coin.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,444 ✭✭✭✭✭


    << <i>Most people who collect MS coins, collect the plastic, not the coin. >>


    Barry doesn't collect statehoods, does he ?
  • mirabelamirabela Posts: 5,049 ✭✭✭✭✭
    I don't know the market for Gem and better wheat pennies, but in the range of type coins that I collect (mostly better circ stuff), I've actually never had a problem selling a cracked-out coin (along with the cert from the holder it was busted out of) at a fair price, comparable usually to what I paid. My sense is that a lot of the time the coin, were it in a slab, would be destined to be cracked out and popped in an album anyway ... like someone before said, so long as the buyer sees that the coin merits the price, they pay.
    mirabela
  • MowgliMowgli Posts: 1,219


    << <i>Unfortunately, without the plastic, you'll probably be able to get only what the coin is worth. >>



    I laugh every time I look at this sentence. I had a conversation with my favorite dealer today and we discussed the fact the he would not pay extra for a slabbed coin and he wouldn't charge extra for a slabbed coin. The coin is what he buys and sells, not the plastic.
    In the land of the blind the one-eyed man is king.
  • TomBTomB Posts: 21,652 ✭✭✭✭✭
    You could certainly ask for any amount that you want, just as the possible buyer can be comfortable at whatever they want.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • PerryHallPerryHall Posts: 46,442 ✭✭✭✭✭
    Every collector who cracks out their coins should read this thread for a reality check.





    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

  • ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    Any TPG will only guarantee the coin when left in holder, and thats for a reason. It is no longer protected from the elements when not left in protective slab.
    " YOU SUCK " Awarded 5/18/08

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file