What grading service is this?
Bikingnut
Posts: 3,400 ✭✭✭✭
I bought this here on the forum years ago. Anyone have any info on the service?
US Navy CWO3 retired. 12/81-09/04
Looking for PCGS AU58 Washington's, 32-63.
Looking for PCGS AU58 Washington's, 32-63.
3
Comments
In the 1980's and 1990's there were many firms that promoted coins as investments. This may have been one of them. In this case the coin looks like it was correctly graded.
Prior Thread: https://forums.collectors.com/discussion/1101770/has-anyone-heard-of-asset-services-grading
Edited to Add:
Best answer in this thread is from @Sapyx at: https://forums.collectors.com/discussion/comment/13689066/#Comment_13689066
I don’t think it’s a “grading service”. Quite a few sellers used to seal coins in flips and assign their grades to them. Doing so didn’t make them “grading services”.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
So, one of the original "self slabbers", I suppose.
Thanks for the info. It is a nice walker, and I do believe it to be accurately graded.
Looking for PCGS AU58 Washington's, 32-63.
I don’t think of sellers who sealed their flips as “self slabbers”. I never heard the term until hard plastic holders were used.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
A heat-sealed flip was one way of ensuring that neither the coin nor the label were altered.
It still works today - most plastic sleves can be sealed, although it sometimes takes a little experimentation to figure out how long and what temperature setting to use. Search your favorite eCommerce site for "impulse sealer", run $20 and up.
ANA 50 year/Life Member (now "Emeritus")
Mail order dealers who allow returns would seal their flips to prevent someone from switching coins and then returning a lesser coin for a refund.
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
Back in the days when nearly everything (or actually everything) was uncertified and most of it sold through mail orders taken from magazine ads these type of precautions were commonplace. Either the dealer would place the coin in a cardboard and mylar 2x2 with staples all around it and his/her handwriting on the holder or the coin was sealed into a mylar 2x2 using a kitchen heat sealer. Higher end coins would also often be placed in a Kointain prior to being sealed.
I see nothing underhanded by the way this coin is presented and would guesstimate it was sold in the early to mid-1980s based upon the grade used and the typeface of the company.
In honor of the memory of Cpl. Michael E. Thompson
Lot of self slabbers in the not to distant past. One in particular, SGS, I purchased many from just for the BU coins for an album. Of course, all were labeled MS70, but still were still all mid grade 60's with some higher and at very reasonable prices when bought in quantities.
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 would not call it a slab or TPG. It’s somebody’s inventory in a flip, labeled, plus reflecting the business name. Could have been before when slabbing started with PCGS in 1986. Or somebody’s raw inventory.
Looks like a PVC flip. Play it safe and put it in a modern flip or airtite-like holder. Consider an acetone rinse first. Some collectors like to do a final rinse with distilled water.
Lance.
Looks like the half dollar is in a KoinTain capasule and protected. I would leave it as it is.
Basement Bargains!
"When they can't find anything wrong with you, they create it!"