Holdered verdigris warranty
jesbroken
Posts: 10,205 ✭✭✭✭✭
I am sure this has been discussed on the forum and probably several times, but I did a search and could not find a definitive answer. Does PCGS warranty a holdered coin with verdigris? I see several for sale with verdigris and wonder if they would be warranteed?
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
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Did you try calling PCGS and asking at the source? There was a slabbed dime here recently that could have been fixed in seconds. Don't think your question was resolved.
AFTER YOU CALL THEM, perhaps you can post the answer here for all of us. Thanks in advance!
No longer.
Lance.
"The PCGS Guarantee does not apply to coins exhibiting environmental deterioration subsequent to PCGS grading and encapsulation. This deterioration may include, but is not limited to, spotting, hazing, PVC contamination, changes in color, and corrosion."
Thanks Lance, I called PCGS and spoke with David and he informed me that on www.pcgs.com/guarantee they would have all occurrences not covered by their guarantee. Besides all of the changing of the holder or coins therein, they list the following regarding surface degradation after holdered:
"Coins that are environmentally damaged. The PCGS holder, while excellent for long term storage and protection, does not protect coins from harsh environmental conditions. Consequently, the PCGS Guarantee does not apply to coins which have been environmentally damaged. For example, if your coins are damaged in a flood or fire, the PCGS Guarantee would not apply to those coins. This also applies to copper coins stored in environmentally risky locations (high humidity, see next paragraph.)
Coins exhibiting environmental deterioration. The PCGS Guarantee does not apply to coins exhibiting environmental deterioration subsequent to PCGS grading and encapsulation. This deterioration may include, but is not limited to, spotting, hazing, PVC contamination, changes in color, and corrosion.
IMPORTANT: Because the color and surfaces of copper coins can change due to environmental factors, including weather and improper storage, PCGS does not guarantee against changes in the color of copper coins, or against copper spotting subsequent to grading and encapsulation by PCGS."
So, as Lance, who took so long dragging out the answer
has said, No.
Thank you Insider2 and Lance for your replies.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
I told you months ago that they stopped covering most things with there warranty and you told me I was crazy.
11.5$ Southern Dollars, The little “Big Easy” set
@Crypto wrote: "I told you months ago that they stopped covering most things with there warranty and you told me I was crazy."
THERE warranty, and what anyone wrote about in an old thread is not something I should remember. However, I cannot believe I said that YOU were crazy. What I probably said was: "THAT was crazy." How someone interprets my English is THERE problem and mine I guess for not being more clear.
Anyway, if there is a blob of something that can easily be removed on a coin before it is holdered, I know at least one major TPGS's does it for free!
@jesbroken Thanks again for posting the PCGS guarantee. It looks air tight. I like it.
The one thing that gripes me is when a coin turns in a holder due to being dipped and improperly rinsed. I have seen quite a few and PCGS does turn their nose up at you if you ask for conservation under their guarantee.
I tried this for a customer as a dealer and was read the riot act.
This situation would be a great reason for all coins to go through the sniffer!
You're not crazy at all. PVC? Too bad. RB copper in RD OGH? Sorry. Three points overgraded? Mechanical error. Milk spots? Those are clearly post encapsulation.
When PCGS announced in 2010 the end of their copper color guarantee it included a provision that they would continue to guarantee the color of copper coins slabbed before 2010 so long as they had not been sold or regraded since.
I have kept those coins in my PCGS inventory. So far none has changed color. But I wonder how successful I'll be with the guarantee if any change years from now.
Lance.
I won't buy a pre 1815 copper if it isn't in an OGH. One of my most sickening moments as a coin collector was to notice an active PVC spot on a slabbed MS 65 BN Draped Bust Half Cent I bought eight years earlier, which wasn't there when I bought it.
"Seu cabra da peste,
"Sou Mangueira......."
The environment of coin storage - even in slabs - is important. Since slabs are not air tight, humidity will be a factor. Contamination, however slight, prior to slabbing, will eventually manifest as visual ugliness...A good acetone bath, prior to slabbing will help with some such issues. Cheers, RickO
I keep my coins in a 46% humidity controlled safe. I would hope this would disparage a moisture problem. At least, I have read that it does for both guns and coins. Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
https://forums.collectors.com/discussion/comment/11799503#Comment_11799503
11.5$ Southern Dollars, The little “Big Easy” set
Curious if the blue label pre pronged holders are still grandfathered with the remaining time of their previous 20 year warranty?
@Crypto said: "I don’t know if I should pity you or be annoyed but you really make little sense to me."
I should prefer that you pity me. Discussing coins is great fun and should be a learning experience for most of us.
Thanks for the link to the PVC thread. That was a good discussion. I was hard on you but could not find where I called you "Crazy." Anyway, In the discussion I did learn that PCGS slabs coins with active PVC! Perhaps collectors should check their coins a little better before submitting them. In the past, I have recommended to the owners of two TPGS that all coins should be minimally conserved (No dipping) before being slabbed. Rejected - too many legal problems!
I'm not crazy..................just confused.
Pete