Home› U.S. Coin Forum

Would you return a coin if the slab was damaged? *Pics Added*

jmski52jmski52 Posts: 23,946 ✭✭✭✭✭
in U.S. Coin Forum
I received a Platinum Eagle which resides in a slab that has been broken - one of the ridges on the back of the slab has a chunk missing. I can't really tell if the slab has ever been opened - the edges look tight but it also looks like some of the inside plastic is fractured, all the way around.

I don't know if it's possible to open and then re-seal a PCGS slab. Is it?

The slab has a few scratches as well. In addition, the coin itself doesn't look quite like an MS-69 would normally grade. Would you return such a coin?


Added: these are pictures of different parts of the slab. Visible fractures in several spots on the inside perimeter - kinda like what I see when I twist a Mint Set's plastic case.

imageimageimage
Q: Are You Printing Money? Bernanke: Not Literally

I knew it would happen.

Comments

  • FlatwoodsFlatwoods Posts: 4,270 ✭✭✭✭✭
    I always have. I guess it would depend on if I thought the slab added any value.
  • 291fifth291fifth Posts: 25,118 ✭✭✭✭✭
    Yes. Re-holdering such a coin is an expensive proposition. Why accept damaged merchandise?
    All glory is fleeting.
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭
    I've had ridges break off slabs in the past. Not abnormal, and not a reason to return the coin. If you like it,
    just live with it or spring for the reholder. OTOH, if the coin isn't to your liking, return it no matter the condition
    of the slab.

    I seriously doubt someone could open and reseal a PCGS slab without some fairly obvious visual evidence
    along the seams.
    My Roosevelt Dime Registry Set
  • coinbufcoinbuf Posts: 12,381 ✭✭✭✭✭
    Thats a case by case situation. I bought a doily slab and its cracked at the seal and you can part the two halfs, if I had'nt known the seller I would have returned it. In your case for a common modern yes I would return it.
    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    A good friend of mine was apoplectic when I sent him a lovely, dirty double eagle in a damaged OGH holder. Apoplectic. image

    I did not notice the damage until he pointed it out to me.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • PerryHallPerryHall Posts: 47,453 ✭✭✭✭✭
    A dealer selling a coin in a damage slab should describe the damage or at least have a pic where the damage can be seen. People buying a slabbed coin usually don't want a damaged slab since it detracts from the visual presentation of the 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

  • stmanstman Posts: 11,352 ✭✭✭✭✭
    I recently received a coin with a decent sized chip on the holder. I sent dealer email letting him know I received and it looked like the image. I liked the coin. I did ask if he knew how long the holder had been that way. Up till then, good communication. After I mention the chip, no response. Ain't that special!!!
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    Some years ago, I bought a nice cameo early Lincoln proof in an NGC holder. The slab had a chip out of it, so I sent it to NGC for reholdering. It came back with moisture spots. I called them, complained and sent it back in. It came back without the spots, but without the cameo.

    Last time I've sought a reholder for reasons of holder damage.

    Here's a warning parable for coin collectors...



  • MilkmanDanMilkmanDan Posts: 3,768 ✭✭✭✭✭
    I just returned one this week (ebay) for that reason. Why accept damaged goods? If I re-sell later then I either have to get it re-holdered or mention the damage and hope the buyer doesn't care.

    Side note, I've received damaged slabs from HA and when I called them, they didn't seem too worried. They did offer to re-holder them, but I had to pay for shipping to and from Dallas which wasn't much less than just having them re-holdered myself. I was frustrated that they didn't have better customer service in this situation. If the coin is CAC, it's even worse since it's two round trips.
  • MsMorrisineMsMorrisine Posts: 38,866 ✭✭✭✭✭
    pictures?


    some slabs have some "hazing" on the edges and that is not a problem


    if you are talking about part of the ridge that helps them nest being broken, then that isn't a big deal to me if it doesn't have a crack down into the holder which would allow outside contaminants to go inside.


    we all know the term cracking. if it's been opened it's got cracks. I couldn't imagine skillfully "uncracking" one.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jt88jt88 Posts: 3,446 ✭✭✭✭✭


    << <i>A good friend of mine was apoplectic when I sent him a lovely, dirty double eagle in a damaged OGH holder. Apoplectic. image

    I did not notice the damage until he pointed it out to me. >>



    This happen to me before, the buyer did not return it but I felt very bad about it.
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    I would, most honorable dealers or collectors
    would not hesitate in providing "up & up"
    transactions !!!
    Timbuk3
  • PokermandudePokermandude Posts: 2,713 ✭✭✭


    << <i>A dealer selling a coin in a damage slab should describe the damage or at least have a pic where the damage can be seen. People buying a slabbed coin usually don't want a damaged slab since it detracts from the visual presentation of the coin. >>



    Agreed. I had an issue like this not long ago. The seller was very kind in offering me the cost of the re-holdering fee after failing to mention the fairly significant damage to the holder in the auction description.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭
    Would you return a coin if the slab was damaged?

    ...i sent this one back warp speed! image

    image

    ...in all fairness though, the PO did the damage. image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • LakesammmanLakesammman Posts: 17,652 ✭✭✭✭✭
    It would bother me unless I ripped the coin. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • BryceMBryceM Posts: 11,927 ✭✭✭✭✭
    To each his own I guess, but the little chip in the OP's photo wouldn't bother me. In fact I've looked through a few coins in my collection and found similar little chips that I simply didn't notice when inspecting it in-hand. This is what a rental car company would call normal wear and tear. If the "seal" around the coin is broken, maybe I'd be more concerned. If there was a deep gouge that obscured the coin I'd lower my offer by at least the reholder and shipping cost.

    At the end of the day I wouldn't return a coin that was hard to find in the first place, not likely to be seen again soon, or in a vintage holder. There is a bit of "cool" factor to an OGH or rattler, and maybe even a slight bump in perceived value. If the coin inside the holder is a four or five figure coin, the "added value" of the plastic is insignificant next to the value of the coin itself.

    For me this is not generally a big deal. If a buyer wanted to return a coin for this reason I wouldn't argue.
  • PerryHallPerryHall Posts: 47,453 ✭✭✭✭✭
    Now that you added those pics I must say that damage doesn't look too bad. I'd just keep it and not make an issue of 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

  • TheBigBTheBigB Posts: 942 ✭
    I think this may be an over reaction based on the images, but I understand that the plastic is now as important as the coin or more.
  • ManorcourtmanManorcourtman Posts: 8,376 ✭✭✭✭✭
    I just sent an expensive Morgan in an OGH back to Teletrade last week because the slab was damaged. It was visible in the pic but only if you knew it was there. I collect old slabbed stuff so it was important that it wasn't damaged! They took it back w/o hesitation.
  • WTCGWTCG Posts: 8,940 ✭✭✭
    That damage is almost a non factor. It isn't like the holder is missing a square inch.

    I think this is similar to people who won't eat french fries unless they're drowned in eight packets of ketchup. Unbeknownst to them they're really treating the ketchup as the main course and the fries as a garnish.

    If you return a coin because of a very, very minor issue with the holder then you're really collecting only the holder and label, not the coin.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • Halfhunter06Halfhunter06 Posts: 1,342 ✭✭✭
    I bought a coin off of Heritage once and the slab came to me damaged. It was NOT damaged in the pics and it must of happened in the shipping dept. I made them not only reslab it, but send it to CAC as well to get re-stickered.
  • DennisHDennisH Posts: 14,040 ✭✭✭✭✭
    If it means a lot to you, then send it back. Because getting it reholdered will involve time, cost and postage expense.
    When in doubt, don't.
  • airplanenutairplanenut Posts: 22,660 ✭✭✭✭✭
    I'm a coin collector, so no, I wouldn't bother sending it back.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • jmski52jmski52 Posts: 23,946 ✭✭✭✭✭
    Well, my main issue is the coin. I don't think that PCGS did a stellar job of grading this one. The beat-up slab is almost like the coin - if they gave a sticker for the bottom 20% tier of a grading scale, this one would probably sticker.

    Since it's still platinum and I am accumulating platinum anyway, I'll probably crack it out, keep the label for registry purposes and go find another one as well. My concern would've been in reselling it with the plastic looking so tacky. If I don't like it so much that way, I can only imagine that I'm not the only one.

    Anyhow, thanks for the commentary.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • magikbillymagikbilly Posts: 6,780 ✭
    "Why accept damaged goods?"


    I'd not stress much about a cosmetically broken fence around my new home unless for some reason the value of the home got too interwoven with the fence. Then, I'd move.

    Eric

    Edited to add: "damaged" ?
  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>Well, my main issue is the coin. I don't think that PCGS did a stellar job of grading this one. The beat-up slab is almost like the coin - if they gave a sticker for the bottom 20% tier of a grading scale, this one would probably sticker. >>

    "Lake Wobegone" grading? image

    Not every coin can be in the top of the grading range, I'd think. If it's in the bottom 20%, it's still graded correctly, isn't it?
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Stacking tabs serve very little purpose if you keep your coins in the blue boxes.
    image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    Chipped or missing tabs mean nothing to me.
    Buyer and seller of vintage coin boards!
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,979 ✭✭✭✭✭
    It was amusing getting a neutral feedback on eBay last year, because of a coin in a broken slab. It listed as such, with photos and everything. The feedback left said " Case cracked more than picture". image How can a picture be cracked ? The buyer kept the coin.

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

  • RYKRYK Posts: 35,800 ✭✭✭✭✭


    << <i>Now that you added those pics I must say that damage doesn't look too bad. I'd just keep it and not make an issue of it. >>

    image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • MoldnutMoldnut Posts: 3,114 ✭✭✭✭
    No big deal IMO
    Derek

    EAC 6024
  • jmski52jmski52 Posts: 23,946 ✭✭✭✭✭
    I've been thinkin' about doin' this for some time now...............image

    image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Very common. I hope PCGS changes their slabs someday to eliminate the small breaks. That is the most common reason that I get coins returned. Some buyers are obsessive (shocking, I know). --Jerry
  • SeattleSlammerSeattleSlammer Posts: 10,114 ✭✭✭✭✭
    I think this is similar to people who won't eat french fries unless they're drowned in eight packets of ketchup. Unbeknownst to them they're really treating the ketchup as the main course and the fries as a garnish.




    Wei, have you been watching me eat ?

  • lkeigwinlkeigwin Posts: 16,895 ✭✭✭✭✭
    I'd sure send this one back!
    Lance.

    image
    Coin Photography Services / Everyman Registry set / BHNC #213
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>I'd sure send this one back!
    Lance.

    image >>



    ...image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • BillJonesBillJones Posts: 35,702 ✭✭✭✭✭
    If it is just one of the little stacking ridges that is broken, I could care less. If the face of the slab is scrached so that you can't see the coin well, send it back. I got nailed on a slabbed coin one time that had that problem. As it turned out the coin had been polished and given a layer of artificial toning. Somebody scratched up the holder to hide that. Also send it back if the the case appears to have been opened.

    Getting coins re-holded is expensive unless you can have it done at a coin show and avoid the shipping. I learned that the hard way. I bought a coin that had to be reholdered at the end of a show. When I took to be re-holdered I had to pay the all fees plus the return postage. It came to darn near $40 for an $1,100 coin. image If I had known that I would have passed on the coin and looked for another one.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • kryptonitecomicskryptonitecomics Posts: 9,185 ✭


    << <i>I've had ridges break off slabs in the past. Not abnormal, and not a reason to return the coin. If you like it,
    just live with it or spring for the reholder. OTOH, if the coin isn't to your liking, return it no matter the condition
    of the slab.

    I seriously doubt someone could open and reseal a PCGS slab without some fairly obvious visual evidence
    along the seams. >>




    Exactly my thoughts...end of thread image
    Kryptonitecomics Ebay Auctions
  • johnny9434johnny9434 Posts: 31,722 ✭✭✭✭✭
    send it back if your not comfortable with it. unless it was described in the write up and again why take damaged mechandise. jmo

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...