Nice coins in bad slabs, What to do?

[rtwguy-migration]

Hello all-

 

As a relative newbie I was hoping I could take from the collective knowledge on a subject. Many years back I purchased coins which were fantastic coins. Franklins by the way, from 52-64Proofs. Inspected everyone myself and I was able to pay what I thought was a fantastic low deal on coins because they were housed in PCI holders. This was back in 2001 when the coin market was really bad. Now I want to get these coins graded by NGC, but I do not know what to do as far as sending them in. Of course PCI graded everyone a Proof 68-69-Cameo-Dcam. This had no effect on me when I made my purchase, and if I sent them in slabbed, I would just say grade them as if they were a clean slate, but in the back of my mind I wonder if you can do this when you get a batch of coins in that have these grades on them already from a crappy company no matter how nice the coins. I think maybe I should just break them out of the slabs and send them in, therefore they start with a clean slate, and I don't have to worry about it, although i have found for myself breaking coins out of slabs is not the easiest task. Could I get a few opinions here, and has anyone ever run into this themselves where they find nice coins in crappy slabs?

 

Thanks,

John

[macrocoin]

Place the slab long ways in a vise...tighten the vise until snug and then very gently apply pressure until ......... POP/CRACK.....the rest will be self explanatory.

 

Good luck with your submissions....post pics!!!

[gmarguli]

Send them in as is with clear instructions "CROSS AT ANY GRADE". After a quick look to make sure no bodybag problems, they will be removed from the slab and graded raw. The other graders will not know that the coins used to be PCI PF69DCAM.

 

I've used the cross at any grade option a few times with success. I recall at least one upgrading two points and it was housed in a 3rd tier slab.

[WinstonWare]

I bought a “Viking Settlements” Canadian $5 Proof graded PF67 Cameo by ICCS. ICCS coins are actually in sealed flips rather than slabs, but I broke it out to send in. It came back PF 69 Ultra Cameo. That said, Greg’s (gmarguli) advice sounds hard to beat.

 

Let us know what happens. Before and after pictures would be cool, if you had the time.

[Wihlborg]

Hi John, welcome to the board.

 

I have sent many coins in to NGC to be crossed from other holders. I always send them in the holders and have had several upgrades.

 

As gmarguli said, as long as they are problem free the coins will be cracked before grading with the graders not knowing what grade or holder the coin was in before.

 

John

[TomB]

PCI holders are easy to crack. However, if you purchased the coins in 2001 then you did so while there was still market acceptance of PCI and market penetration that went beyond scam. Therefore, there are truly many nice coins in the older PCI green insert slabs. These may be some of those coins.

[MunkyMan95]

I agree with Tom in his assesment. I have actually found that a simple pocket knife taken around the edge of a PCI slab opens it up quite nicely.

[relicsncoins]

Does NGC charge more to remove the coin from another TPG? If so, save yourself some money and crack them yourself.

 

JJ

[HaydenTubbs]

PCI holders are easy to crack. However, if you purchased the coins in 2001 then you did so while there was still market acceptance of PCI and market penetration that went beyond scam. Therefore, there are truly many nice coins in the older PCI green insert slabs. These may be some of those coins.

 

I agree,hopefully you have some worthy coins in this set.

[Wihlborg]

NGC does not charge any extra to remove a coin from a holder when it is sent in for crossover.

 

John