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dip residue options?

elmeisterelmeister Posts: 117 ✭✭
in U.S. Coin Forum
I recently submitted a coin to NGC in hopes of an upgrade... the coin in question is a Liberty Nickel... has very clean surfaces (free of hits), decent strike... comparable to some of the few 65s i've seen... the coin is currently housed in a PCGS OGH and was rejected by NGC for "dip residue".. it does have some color which they thought was a result of an old dip...

it's not a terribly high value piece in it's present grade (MS64) but still worth $250-300... is it safe to assume that the coin "turned" over it's years in the holder? will PCGS do a spot check on this?

curious of my options... the easiest of which would be to hock it and move on...

thanks for any help!

Comments

  • PerryHallPerryHall Posts: 47,420 ✭✭✭✭✭


    << <i>I recently submitted a coin to NGC in hopes of an upgrade... the coin in question is a Liberty Nickel... has very clean surfaces (free of hits), decent strike... comparable to some of the few 65s i've seen... the coin is currently housed in a PCGS OGH and was rejected by NGC for "dip residue".. it does have some color which they thought was a result of an old dip...

    it's not a terribly high value piece in it's present grade (MS64) but still worth $250-300... is it safe to assume that the coin "turned" over it's years in the holder? will PCGS do a spot check on this?

    curious of my options... the easiest of which would be to hock it and move on...

    thanks for any help! >>



    Send it back to PCGS and tell them to fix it.


    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

  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    What's the remedy on this... Re-dip and properly neutralize afterward image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • 19Lyds19Lyds Posts: 26,497 ✭✭✭✭


    << <i>..............will PCGS do a spot check on this? >>

    Yes.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • 19Lyds19Lyds Posts: 26,497 ✭✭✭✭


    << <i>What's the remedy on this... Re-dip and properly neutralize afterward image >>

    No. Submit it for Spot Review and PCGS will take care of it. It is, afterall, guaranteed but if the OP pops it out of the slab, all bets are off.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • PerryHallPerryHall Posts: 47,420 ✭✭✭✭✭


    << <i>What's the remedy on this... Re-dip and properly neutralize afterward image >>



    Yes, but since it's in a slab, PCGS should do this work rather than the owner.

    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

  • BarndogBarndog Posts: 20,523 ✭✭✭✭✭
    for the value you stated, and if it were me, it's not worth the trouble of sending back to PCGS for what you hope would be an acceptable fix. You would lose the old holder, which likely carries some value. Sell it and move on is what I would choose.
    JR Newsletter Online Edition
  • JamesMJamesM Posts: 757 ✭
    i have had NGC send back a large amount of stuff as "improperly cleaned" when its not, because of odd toning.
    --- Mayer Numismatics --- Collectors Corner --- (888) 822 - COIN ---
  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭


    << <i>I recently submitted a coin to NGC in hopes of an upgrade... the coin in question is a Liberty Nickel... has very clean surfaces (free of hits), decent strike... comparable to some of the few 65s i've seen... the coin is currently housed in a PCGS OGH and was rejected by NGC for "dip residue".. it does have some color which they thought was a result of an old dip... >>



    NGC is often overly critical of "problems" with PCGS coins...supposedly "payback" for the fact that so few NGC coins cross to PCGS. Why would you send a PCGS coin to "upgrade" to NGC anyway? NGC Liberty nickels bring much less in the marketplace.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,962 ✭✭✭✭✭
    Try the "natural" residue remover.... NCS image

    ``https://ebay.us/m/KxolR5

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