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Can ex-jewelry use cause a gold coin to be ineligible for a "Genuine" holder?

BuffalodeBuffalode Posts: 339
in U.S. Coin Forum
Assuming that the damage is slight, would evidence of ex-jewelry use keep an authentic, but cleaned, gold coin from going into a "genuine" holder?
Bob

Comments

  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    I don't know why such a coin would be ineligible for a genuine holder. Other types of damage on coins that have been encapsulated as "genuine" can be even more severe.
  • savoyspecialsavoyspecial Posts: 7,311 ✭✭✭✭
    quite the contrary; i think it's the perfect candidate for a Genuine slab

    www.brunkauctions.com

  • notwilightnotwilight Posts: 12,864 ✭✭✭
    No but a counterfeit made expressly for jewelry would be ineligible. the $1 coin we saw last week may have been one. --Jerry
  • BuffalodeBuffalode Posts: 339
    Thanks all, it seems to me it would be a good candidate for a Genuine slab also. I saw someone advised to send such a coin elsewhere because PCGS would probably bodybag it. Just got me wondering if there was something involved that I wasn't understanding correctly.
    Bob

  • soty27soty27 Posts: 1,956
    The pcgs genuine holder is simply to state that the coin is in fact genuine and not a counterfeit. As long as the coin is genuine it will get the genuine holder.
  • ambro51ambro51 Posts: 13,949 ✭✭✭✭✭
    I have an 1856 D gold dollar in a genuine holder, it is noted as "filed rims" code 82. No doubt a trace of mounting has been removed at one time (though I cannot see any evidence of it since the rims are within the gasket of the holder anyway) . When you say cleaned though, that can be a seperate situation from ex jewelry, which usually has an entirely different set of possible problems. PCGS only lists ONE code on the genuine holder, it is up to them to determine what that code will be.
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>Thanks all, it seems to me it would be a good candidate for a Genuine slab also. I saw someone advised to send such a coin elsewhere because PCGS would probably bodybag it. Just got me wondering if there was something involved that I wasn't understanding correctly. >>

    Perhaps the person who gave that advice was unaware of the relatively new "genuine" holder service that PCGS offers. Also, the majority of ex-jewelry pieces aren't worth getting holdered as genuine, anyway.
  • BuffalodeBuffalode Posts: 339


    << <i>

    << <i>Thanks all, it seems to me it would be a good candidate for a Genuine slab also. I saw someone advised to send such a coin elsewhere because PCGS would probably bodybag it. Just got me wondering if there was something involved that I wasn't understanding correctly. >>

    Perhaps the person who gave that advice was unaware of the relatively new "genuine" holder service that PCGS offers. Also, the majority of ex-jewelry pieces aren't worth getting holdered as genuine, anyway. >>



    I think you are right Mark that he was probably unaware of the "genuine" holder with PCGS since he was recommending to send it elsewhere for basically another "genuine" service.
    Bob

  • sinin1sinin1 Posts: 7,500 ✭
    the clips and the chains need to be gone so they fit in the slabimage
  • BuffalodeBuffalode Posts: 339


    << <i>I have an 1856 D gold dollar in a genuine holder, it is noted as "filed rims" code 82. No doubt a trace of mounting has been removed at one time (though I cannot see any evidence of it since the rims are within the gasket of the holder anyway) . When you say cleaned though, that can be a seperate situation from ex jewelry, which usually has an entirely different set of possible problems. PCGS only lists ONE code on the genuine holder, it is up to them to determine what that code will be. >>



    Is it possible then that multiple unrelated problems could keep it from the "genuine" holder, since PCGS can only list one? Or would they just choose which one should be shown on the holder?
    Bob

  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>

    << <i>I have an 1856 D gold dollar in a genuine holder, it is noted as "filed rims" code 82. No doubt a trace of mounting has been removed at one time (though I cannot see any evidence of it since the rims are within the gasket of the holder anyway) . When you say cleaned though, that can be a seperate situation from ex jewelry, which usually has an entirely different set of possible problems. PCGS only lists ONE code on the genuine holder, it is up to them to determine what that code will be. >>



    Is it possible then that multiple unrelated problems could keep it from the "genuine" holder, since PCGS can only list one? Or would they just choose which one should be shown on the holder? >>

    Regardless of how many different types of problems a coin has, as long as it can be determined that it is genuine, I believe that PCGS will encapsulate it as such.
  • prudden1prudden1 Posts: 54
    PCGS lists 3 reasons that a coin won't be slabbed in a Genuine holder.Frankly,only twp of them makes sense. 1)CODE 83=Peeling lamination.2)CODE 90=Not genuine. 3).CODE 99=PVC residue. The CODE 83 doesn't make sense to me,since laminations are usually mint caused.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,621 ✭✭✭✭✭
    I don't know which is worse: A ruined coin or the money spent on it after it's been ruined.
    But PCGS will gladly take the money to help a ruined coin be legitimized as such.

    ``https://ebay.us/m/KxolR5

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