The coin was probably stored in an environment that caused the black spots to appear after it had been slabbed. I would rate that coin in its present state as being nearly worthless.
I agree that the coin in question is probably worthless at this point. Zinc-covered steel is a horrible choice for a durable, stable surface. It undoubtedly changed in the holder. There is a very slight possibility that the coin is actually nice in-hand but photographs poorly. In this case I doubt it, but I've seen more bizarre things in photos.
That said, the apparent owner of the coin is a coin dealer, a member here, and a friend. It would be more polite to discuss this coin's issues without calling attention to its owner.
That coin has terminal spots on the plating.... too bad... not sure how it slabbed - since the TruView indicates the spots were already there... Now that I see this, I must look at my roll of '43's that I purchased years ago. When I opened the one roll... a couple months ago.. I posted about it here... there are, I am sure, some 68's in there.... and no spots. Cheers, RickO
@Watchbelieve said:
How do I store my PCGS stabbed coins so this never occurs
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 ... ?
@Watchbelieve said:
How do I store my PCGS stabbed coins so this never occurs
There are no guarantees, but storage in a place low humidity and very consistent temperatures will go a long way toward preserving your coins, especially the copper, copper-nickel, zinc coated steel and bright silver pieces.
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 ... ?
@jcping said:
Will grade guarantee cover these spots?
No; would be DOA with any request; environmental damage caused by careless owners nullifies guarantee. And none of the services cover cents beyond a certain stage of time.
Wow! I immediately thought it changed in the holder, post-slabbing, when I saw the photograph. The fact that a trueview image exists is troublesome. Its circumstances like this that makes me question the legitimacy of the third party grading process.
I think PCGS needs to address how it was possible for this coin to achieve the assigned grade.
@FadeToBlack said:
Coulda gone in for reholdering plus trueview at some point. Graders never see it for those services.
That would be a simple explanation. However, who here would go through that expense knowing what the coin looks like? Another question I have is why someone would include that coin in their registry set? Perhaps they are just interested in the label and never actually looked at the coin itself?
@Walkerfan said: "If these spots occurred after being slabbed, then why can you see them in the TrueView or Secure plus image?"
Easy, many spots occur on coins after they were imaged, slabbed, and returned to the customer. BTW, did you know that compressed air is used in the assembly room. There are filters in the air lines to trap moisture.
EDIT Never mind... I just saw the True View. Wow??
@FadeToBlack said:
Coulda gone in for reholdering plus trueview at some point. Graders never see it for those services.
This is likely what happened. If I recall correctly seven-digit certification numbers like this coin's had already stopped being issued when Trueviews first came into existence.
might be a oriental replica?
it does not show in the Database as mentioned above already.
this comes up even after two tries.; We're sorry. That PCGS Cert Number was not found in our database. Please double check the number and try again. To speak with PCGS Customer Service, call us at 1-800-447-8848.
Cert number is not valid. Please make sure it’s a 7 or 8 digit number.
@YQQ said:
might be a oriental replica?
it does not show in the Database as mentioned above already.
this comes up even after two tries.; We're sorry. That PCGS Cert Number was not found in our database. Please double check the number and try again. To speak with PCGS Customer Service, call us at 1-800-447-8848.
Cert number is not valid. Please make sure it’s a 7 or 8 digit number.
PCGS probably removed the certification number after it learned that the coin had turned in the holder.
@YQQ said:
might be a oriental replica?
it does not show in the Database as mentioned above already.
this comes up even after two tries.; We're sorry. That PCGS Cert Number was not found in our database. Please double check the number and try again. To speak with PCGS Customer Service, call us at 1-800-447-8848.
Cert number is not valid. Please make sure it’s a 7 or 8 digit number.
It's obviously listed IN a registry set though. You wouldn't be able to add a nonexistant cert to your set
@YQQ said:
might be a oriental replica?
it does not show in the Database as mentioned above already.
this comes up even after two tries.; We're sorry. That PCGS Cert Number was not found in our database. Please double check the number and try again. To speak with PCGS Customer Service, call us at 1-800-447-8848.
Cert number is not valid. Please make sure it’s a 7 or 8 digit number.
PCGS probably removed the certification number after it learned that the coin had turned in the holder.
And still published the trueviews and kept the coin in the set?
My guess is that Larry wanted a cheap coin to fill his registry slot for the extra points, but didn't want to spend a lot of money on a coin that is very, very common coin overall except in the loftiest grades.
I think 10000lakes got it right. Who knows what it looked like back in 2006.
I don't think Larry would have included this just for registry points. He has assembled some very nice type sets. A coin like this wouldn't have been welcome.
Comments
Probably occured after being slabbed. See how bad milk spots can be on modern silver, even eagles slabbed right off the mint.
The coin was probably stored in an environment that caused the black spots to appear after it had been slabbed. I would rate that coin in its present state as being nearly worthless.
How do I store my PCGS stabbed coins so this never occurs
Those spots must have formed AFTER the coin was entombed. It's now a 64 assuming it doesn't get body bagged for environmental damage.
I agree that the coin in question is probably worthless at this point. Zinc-covered steel is a horrible choice for a durable, stable surface. It undoubtedly changed in the holder. There is a very slight possibility that the coin is actually nice in-hand but photographs poorly. In this case I doubt it, but I've seen more bizarre things in photos.
That said, the apparent owner of the coin is a coin dealer, a member here, and a friend. It would be more polite to discuss this coin's issues without calling attention to its owner.
If these spots occurred after being slabbed, then why can you see them in the TrueView or Secure plus image?
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Good point.
That cert# (05526118) isn't in the database.
I don't understand this post.
Here is what an MS68 1943-D should look like.
Lance.
Strange.
That coin has terminal spots on the plating.... too bad... not sure how it slabbed - since the TruView indicates the spots were already there... Now that I see this, I must look at my roll of '43's that I purchased years ago. When I opened the one roll... a couple months ago.. I posted about it here... there are, I am sure, some 68's in there.... and no spots. Cheers, RickO
Will grade guarantee cover these spots?
Very Good point!
It is a shame that this formerly beautiful and valuable coin is now ruined.
There are no guarantees, but storage in a place low humidity and very consistent temperatures will go a long way toward preserving your coins, especially the copper, copper-nickel, zinc coated steel and bright silver pieces.
No; would be DOA with any request; environmental damage caused by careless owners nullifies guarantee. And none of the services cover cents beyond a certain stage of time.
With spots like that your guaranteed not to find a buyer.
Was the coin ruined from going bad in the holder?
Wow! I immediately thought it changed in the holder, post-slabbing, when I saw the photograph. The fact that a trueview image exists is troublesome. Its circumstances like this that makes me question the legitimacy of the third party grading process.
I think PCGS needs to address how it was possible for this coin to achieve the assigned grade.
That would be a simple explanation. However, who here would go through that expense knowing what the coin looks like? Another question I have is why someone would include that coin in their registry set? Perhaps they are just interested in the label and never actually looked at the coin itself?
@Walkerfan said: "If these spots occurred after being slabbed, then why can you see them in the TrueView or Secure plus image?"
Easy, many spots occur on coins after they were imaged, slabbed, and returned to the customer. BTW, did you know that compressed air is used in the assembly room. There are filters in the air lines to trap moisture.
EDIT Never mind...
I just saw the True View. Wow??
This is likely what happened. If I recall correctly seven-digit certification numbers like this coin's had already stopped being issued when Trueviews first came into existence.
Gobrecht's Engraved Mature Head Large Cent Model
https://www.instagram.com/rexrarities/?hl=en
might be a oriental replica?
it does not show in the Database as mentioned above already.
this comes up even after two tries.;
We're sorry. That PCGS Cert Number was not found in our database. Please double check the number and try again. To speak with PCGS Customer Service, call us at 1-800-447-8848.
Cert number is not valid. Please make sure it’s a 7 or 8 digit number.
PCGS probably removed the certification number after it learned that the coin had turned in the holder.
Gobrecht's Engraved Mature Head Large Cent Model
https://www.instagram.com/rexrarities/?hl=en
It's obviously listed IN a registry set though. You wouldn't be able to add a nonexistant cert to your set
And still published the trueviews and kept the coin in the set?
The set was retired in 2006.
I would guess that it turned in the holder sometime after that and the coin was later removed from that holder.
My guess is that Larry wanted a cheap coin to fill his registry slot for the extra points, but didn't want to spend a lot of money on a coin that is very, very common coin overall except in the loftiest grades.
I think 10000lakes got it right. Who knows what it looked like back in 2006.
I don't think Larry would have included this just for registry points. He has assembled some very nice type sets. A coin like this wouldn't have been welcome.
This is perplexing
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My guess is that PCGS slabbed and imaged it.
Then Larry S. bought it for the low price and high plastic number.
PCGS later thought better of it, b/c of the spots, and bought it back from LS and neither one removed it from the Registry.
That is my theory....
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
achoo!