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Are coins dipped in acetone before they are slabbed by TPG companies?
DeutscherGeist
Posts: 2,990 ✭✭✭✭
I had to ask this question. What if a coin had been in contact with PVC, but there is no damage yet present. The last owner submits the coin to be slabbed. Once the coin is slabbed with PVC contaminants, after only a few years, we see some green slime on it or other PVC related damage. Is the coin the same grade? NO.
So, I am thinking, does PCGS or NGC dip the coin in acetone before slabbing? If not, does the scenario I described not hold any just concern? Or are the coins inspected for PVC contamination and body bagged if they fail that test?
The only reason I like slabbed coins at this time is because it makes it easier to purchase coins on ebay or other online venue--no worries of counterfeit gold or exaggerated condition.
So, I am thinking, does PCGS or NGC dip the coin in acetone before slabbing? If not, does the scenario I described not hold any just concern? Or are the coins inspected for PVC contamination and body bagged if they fail that test?
The only reason I like slabbed coins at this time is because it makes it easier to purchase coins on ebay or other online venue--no worries of counterfeit gold or exaggerated condition.
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Not sure where liability falls if a PVC infected coin does get past the graders.
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Interesting fact: I inquired this subject to PCGS customer service once and they dennied any coins being dipped!