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The new breed of slab termites returns...

BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!

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    Bayard1908Bayard1908 Posts: 4,185 ✭✭✭✭
    Pretty easy way to sanitize a stolen coin
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    droopyddroopyd Posts: 5,381 ✭✭✭
    Of course, it's probably in an F15 slab. I don't see this a grading a full 20.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
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    fcloudfcloud Posts: 12,133 ✭✭✭✭
    Maybe it was over graded and he or she felt to protect the buying public the holder needed to be defaced to make sure no one would ever over pay because they could see the damaged slab.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    There was a low grade PCGS Barber half that was massacred in the same fashion posted here not so long ago.

    I've never seen anything like this! image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    TomBTomB Posts: 23,298 ✭✭✭✭✭
    The seller has been trying to move this coin on ebay for a while. Additionally, I believe there is also a 1921 SLQ that has been treated in a similar manner.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
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    TomBTomB Posts: 23,298 ✭✭✭✭✭
    One more thing, I think it might be likely that the coin was graded F12 or F15 as mentioned earlier because the spacing between the end of 1923-S and PCGS is slightly larger on the altered slab than on the VF20 shown as a sample image. Regardless, if a 1923-S does not have a full date then it is something I cannot embrace as a purchase.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
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    ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>Pretty easy way to sanitize a stolen coin >>



    Was thinking the same thing...
    image
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    << <i>Pretty easy way to sanitize a stolen coin >>



    image
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    Yep drilled out because the original submitter felt the coin was a VF20 but the coin came back a F15.......not fooling anyone image
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    New style holder.
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    PerryHallPerryHall Posts: 47,844 ✭✭✭✭✭
    Why not just crack it out because for all intents and purposes, this is now a raw 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

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    messydeskmessydesk Posts: 20,882 ✭✭✭✭✭
    You don't need to remove the grade to sanitize stolen property, just the serial number. The grade was drilled out to deceive, plain and simple. If the seller fills the pits with water (perhaps with a little detergent to lower surface tension), he should be able to take a picture of the grade and show us just how on the level he is. I'll have to see if the barcode is readable. There was one like this quite a while ago that was being sold as a VG10 and was really a G6, I think.
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    GoldbullyGoldbully Posts: 18,587 ✭✭✭✭✭
    imageimage
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    messydeskmessydesk Posts: 20,882 ✭✭✭✭✭
    OK, this one gets a "image"

    Upon further review, it looks like it could be a VF25. The PCGS guide shows F15 at 775, VF20 at 900, VF25 at 950, VF30 at 1050, VF35 at 1150. Drilling out a VF25 grade to make people think you're hiding a F15 or VF20 seems rather stupid.

    image
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    image

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    19Lyds19Lyds Posts: 26,524 ✭✭✭✭


    << <i>What kind of mental midget does this to a slab? >>



    The kind that wants you to actually believe you're getting something more than what you're common sense tell's you you'll get!

    The kind that preys on the ignorant!

    The kind that truely believes the coin is undergraded and wants you to believe it as well and pay an additional premium for it!

    The kind that preys on the ignorant!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    relicsncoinsrelicsncoins Posts: 8,330 ✭✭✭✭✭
    Looks cleaned to me.
    Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
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    LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    image

    Is that really a VF coin?

    image
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    Man that is one dumb midget...LOL image
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    seanqseanq Posts: 8,847 ✭✭✭✭✭


    << <i>

    << <i>What kind of mental midget does this to a slab? >>



    The kind that wants you to actually believe you're getting something more than what you're common sense tell's you you'll get!

    The kind that preys on the ignorant!

    The kind that truely believes the coin is undergraded and wants you to believe it as well and pay an additional premium for it!

    The kind that preys on the ignorant! >>




    The kind that thinks he found a loophole in the eBay policy on keyword spamming and selling slabbed coins.


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
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    messydeskmessydesk Posts: 20,882 ✭✭✭✭✭
    Would we be having the discussion about this coin being VF25 if the holder wasn't drilled? Look closely at the barcodes I posted and at the barcode that remains on the holder. I'm guessing once upon a time someone (some combination of this seller and zero or more additional sellers) tried selling it as XF, then VF-XF, and is now just trying to get out from under it as a VF+. If I compare prices, a 23-S in PCGS F15 recently sold on Teletrade for $560 (including juice) and PCGS lists it at $775. Asking $770 for a VF25 that lists at $950 doesn't really sound all that unreasonable, as long as PCGS would reholder the coin. It's probably more or less in line with what the coin would fetch in an unmolested holder.
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    BECOKABECOKA Posts: 16,971 ✭✭✭
    Maybe the original owner bought it as an AU/MS coin and was really pissed when it came back fine. image
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    droopyddroopyd Posts: 5,381 ✭✭✭


    << <i>Is that really a VF coin? >>



    I don't think it is.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
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    I think the bottom line is that there is a reason it was obscured. And that reason can only be two things that I can think of. Its stolen or the want to hide the grade. Now if it was stolen, it would have been enough to just hide the cert number. This person also crossed out the grade. And so it would appear that they want the grade is the reason for the alteration. And that would probably indicate it is lower grade than he is trying to sell it as.

    Just too many red flags. I wouldnt touch it with a ten foot pole.
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    sinin1sinin1 Posts: 7,500 ✭
    I would want to see coin in person (and slab)


    it looks like a problem coin to me


    so is it an authentic slab? has it been split and reglued?
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    PawPaulPawPaul Posts: 5,845 ✭
    if stolen , it could simply be cracked out and resubmitted .

    As for the grade - it has alot of detail , but is lacking the important full date.

    I have seen worse in TPG VF holders

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