Submission Question For An Unattributed DDO

Browe · October 20, 2014 4:39AM

Good Afternoon,

I recently purchased a 1909 VDB in a PCGS MS65RD holder which houses an unattributed FS-1101. The coin resides in an older PCGS holder, and I would like to have this coin properly attributed to upgrade my current registry. I am assuming that I must choose regrade as my submission type, but I don't necessarily want/need to coin itself to be regraded. Is there a service that would allow me to submit in holder for proper attribution? Thanks

LochNESS · October 20, 2014 4:47AM

Unless PCGS recently changed their practice (and they may have, they do once in a blue moon) they will remove the coin from the current holder and place it into a new holder. So you will not be able to retain the old holder. Regarding the label, if you want a new label, I believe you need to pay for a regrade. There is a service for re-slabbing (if there are scratches or cuts in the slab, or other damage, and you want a fresh new slab). But that does not come with a new label.

That is my understanding anyway. For an authoritative source just call them 800-447-8848

Cool DDO, BTW

IRCWCoins · October 20, 2014 5:06AM

If you just want the variety attributed, send it in for the reholder service and pay the $24 variety attribution fee. That way you won't have to pay to have it regraded.

Browe · October 20, 2014 5:09AM

Thanks so much, just one follow up question for selecting regrade service. If PCGS regrades the coin and attributes it properly as a doubled die obverse but then believes the coin is a grade point lower; do the terms of the PCGS Guarantee mean that PCGS will pay the difference in market value of the new assigned grade attribution net the original value of the coin which in this case would be a normal graded PCGS MS65RD 1909 VDB. Or do they consider the recent attribution into their guarantee so it's actually considered a 1909 VDB DDO FS-1101 in MS65RD in the original submission.

I hope that makes sense, lol.

Thanks again.

bolivarshagnasty · October 20, 2014 7:28AM

Do not send it in for a regrade. You want to send slab in for a variety attribution. Your cost should be reholder fee, variety attribution fee, handling fee, and return shipping. The coin will
retain it's current grade.

edited to add..... The grade guarantee would only apply to the originally holdered coin. Should also mention, that if for any reason, they decided that the coin has turned and is no longer a
valid candidate for the 65rd, they will holder it as they see fit and pay you the difference.

I see how you could be concerned about the above coin being kicked out of a 65rd holder, as it appears to have turned in the holder. Not sure what the right answer is for you in this situation.

Barndog · October 20, 2014 8:29AM

maybe best bet is to sell it as an old holder FS-1101 65Red and use the proceeds to buy a holdered 65RB and keep the difference in cash?

Browe · October 20, 2014 11:26AM

<< Do not send it in for a regrade. You want to send slab in for a variety attribution. Your cost should be reholder fee, variety attribution fee, handling fee, and return shipping. The coin will
retain it's current grade. >>

Last question if I just want the holder to display Doubled Die Obverse with the coin number 82425 is that possible, or do I need to also pay the attribution fee even though this is a major variety?

Thanks!

illini420 · October 20, 2014 11:47AM

<< 

<< Do not send it in for a regrade. You want to send slab in for a variety attribution. Your cost should be reholder fee, variety attribution fee, handling fee, and return shipping. The coin will
retain it's current grade. >>

Last question if I just want the holder to display Doubled Die Obverse with the coin number 82425 is that possible, or do I need to also pay the attribution fee even though this is a major variety?

Thanks! >>

You should be able to get it reholder with the "Doubled Die Obverse" label for just the reholder fee and not the variety attribution fee as it's one of their major varieties in the Red Book where the separate variety charge doesn't apply. Just be sure to write on the for to reholder w/ the 82425 number instead of 2425.

As mentioned, there is a very small possibility that the coin could downgrade if they no longer feel it meets the 65RD grade... even on a reholder this can happen. If it went to 64RD, you would be compensated for the difference in value as there would be a drop in the grade, but it's not clear to me if it went to 65RB that you would be compensated as PCGS no longer guarantees the color designation (except for some folks who bought long ago and are grandfathered in). I don't think you'll have to worry about it from the photos, but you should confirm this with PCGS if it is something that worries you.

oih82w8 · October 20, 2014 12:48PM

Nice V.D.B. Lincoln! Send it in to be reholdered ($5) and add Variety Attribution (PCGS #:82425) ($24) and TrueView ($10) plus the usual shipping ($19.95) and Handling fee ($8).

I agree...No on the regrade.

According to PCGS CoinFacts, that is a $3250 Variety coin! Woo-Hoo!

PCGS # 82425 KO!

Browe · October 31, 2014 5:15AM

Fun Fact: So I chose to submit this coin through reholder putting the PCGS Coin #82425 on the submission form. I did not select variety attribution as this was a major variety, and normally wouldn't have to pay the $24 fee. The coin was reholdered, but under the original PGCS Coin #2425.

After speaking to a wonderful customer service representative, apparently you must selected variety attribution even on major varieties in order for it to go through the grading room and be properly attributed. It won't be be regraded, but the variety will be verified. I don't believe they will charge me the $24 either since I want the coin to be categorized under 82425. Good to know for the future. I was able to stop it before it shipped, and it should be going through the grading room soon. Anyways enjoy the trueview below, I think she's a beauty.

lostincoins · October 31, 2014 5:49AM

That is a very nice cent and a great find, congratulations.

ricko · November 1, 2014 12:49AM

Congratulations..... neat find.... Cheers, RickO

19Lyds · November 1, 2014 3:24AM

<< Fun Fact: So I chose to submit this coin through reholder putting the PCGS Coin #82425 on the submission form. I did not select variety attribution as this was a major variety, and normally wouldn't have to pay the $24 fee. The coin was reholdered, but under the original PGCS Coin #2425.

After speaking to a wonderful customer service representative, apparently you must selected variety attribution even on major varieties in order for it to go through the grading room and be properly attributed. It won't be be regraded, but the variety will be verified. I don't believe they will charge me the $24 either since I want the coin to be categorized under 82425. Good to know for the future. I was able to stop it before it shipped, and it should be going through the grading room soon. Anyways enjoy the trueview below, I think she's a beauty.

>>

Whats the Trueview from?

This recent submission?

Be sure to share the outcome since "IF" you pay for Variety Attribution ($24) you're going to get a slab label that says "DDO FS-1101 (FS-012)" (Coin # 37633) and I think what you are looking for is simply a label which says "Doubled Die Obverse" (Coin #82425).

I think you should have submitted it just for a regrade under the proper coin number.

The problem with Customer Service and Variety Attribution is that some of them appear to be ignorant regarding older coin numbers and once the term Variety Atrtribution is mentioned, they default to you selecting Variety Attribution on the submission form and paying the $24 which is NOT what you want.

I can submit a 1964 Kennedy Half Accented Hair Proof under its old coin number and not have to worry about selecting Variety Attribution or paying any fee's or explaining anything to customer service.

I hope I'm wrong about your submission because I also know that once a submission is in the works, any changes to that submission which would require a fee will get your coin held up until PCGS gets that payment.

Be sure to share the outcome of this situation as there could be many lessons learned.

georgiacop50 · November 1, 2014 3:41AM

Trouble is, sadly, one can not count on Customer Service people to give the right answer.

I hope it all goes as planned.

19Lyds · November 1, 2014 8:37AM

The problem is that the coin numbers are different for the 1909 VDB, the 1909 VDB Doubled Die Obverse and the 1909 DDO FS-101 and the "uninformed" always opts towards the $24 charge which simply is not needed in this case.

Browe · November 3, 2014 6:50AM

I just wanted to thank everyone again for helping with this submission. The coin was corrected today under the proper code 82425, the coin has retained the same certification number, and I was not charged the variety attribution fee. A lot of lessons learned with this submission, and everything worked out in the end.

19Lyds · November 3, 2014 8:14AM

<< I just wanted to thank everyone again for helping with this submission. The coin was corrected today under the proper code 82425, the coin has retained the same certification number, and I was not charged the variety attribution fee. A lot of lessons learned with this submission, and everything worked out in the end. >>

Thanks for the update.

Submission Question For An Unattributed DDO

Comments

Leave a Comment