1831 half graffitied

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Shadow1977
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1831 half graffitied

#1 Unread post by Shadow1977 »

Hi. I bought an 1831 half a couple years ago but just got around to putting it in a 2×2. While inspecting it with my loupe I noticed that someone scratch an e and a k into the face in the field in front of the bust. The plastic in the old 2×2 hid the scratches. They appear to be very old by the style of the lettering. Will NGC grade this coin with a details designation or will I be wasting my time attempting to get this coin put in a holder?

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Re: 1831 half graffitied

#2 Unread post by MLC »

Need to see pictures please
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Re: 1831 half graffitied

#3 Unread post by SensibleSal66 »

Oh yea , hey , we need Pics to view first .
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Re: 1831 half graffitied

#4 Unread post by Shadow1977 »

Here are the pics of the Half Dollar I mentioned earlier. The scratches are not visible to my naked eye. They may be to someone with much better eyesight than mine. Thanks in advance for any advise.
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Re: 1831 half graffitied

#5 Unread post by Earle42 »

BTW
If you want it slabbed just to slab it...no problem.

But...do some homework to find slabbing fees.

If you plan on selling, look on eBay for sold items in similar condition to yours. The numbers might show you come out better selling it raw rather than paying eBay fees and slabbing fees.
Fact Check the grading Companies:
Fact checking grading company shortcomings on NO FG halves:
https://tinyurl.com/yalrstjz or higher resolution version: https://tinyurl.com/y7rksxu8

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Re: 1831 half graffitied

#6 Unread post by Shadow1977 »

Thank you for the advice. I have no intentions of selling, I just want to preserve the coin and I wanted to experiment with having coins graded so I know what to expect in the future.

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Re: 1831 half graffitied

#7 Unread post by Earle42 »

Likely the best protection is simply to get an Air-Tite capsule for it. The slabs from companies are not air tight. Also, I know one dealer I trust told me 2X2s are the least expensive and safe way to store coins (flatten the staples so stacking them will not result in one's staple putting a hole in the plastic of another.

I am going to paste a post here about slabbing for you since you say you have not had experience with them. Daniel made a recent video on this topic also - sorry I do not know the name of it.

Although the following is about trying to profit, there is a lot of info there showing how the product of these companies is not what the marketers state.

Thinking of Slabbing? Make sure you understand the Facts...or Lose money.
1. The grading companies are not a way that the majority of people, even those with a great deal of experience and know what they are doing, are going to be able to make a of money from. A lot of people go into it thinking they will find a way to finance their hobby and learn a hard lesson quickly.

2. Watch some of Daniel's videos where he gets pieces back form the grading companies. Note even people who live, eat, breath, and deal coins for a living (like Daniel) can accurately predict what grade the companies will give. And...the "fault" (not really a fault) is in the system - not people like Daniel.

Coin grading companies are a business out to make a profit - this is why they exist. They use a system where (allegedly) three graders look at each coin and give an opinion. The company videos showing the process make you believe this is a relaxed paced process of studying each coin. In fact one PCGS video shows a number of guys sitting around a table discussing what they think a specific coin should be graded as (on youtube somewhere - sorry no link). Uh uh.

If you take a PCGS graded coin slabbed as MS64, break it out, and resubmit it to PCGS, you are never guaranteed the same grade again. The slabbed coin might come back MS62 (bad day for graders), 63, 64, 65, 66 (great day for you!). This is b/c the process is all subjective: No scientific/verifiable standards or methods are used. Personally having talked with former graders (granted - its been awhile), the process is very rushed since they told me graders are paid by how many coins they can get through in a day.

But..this is all hearsay without proof. So...
http://goccf.com/t/346174#2967242

https://www.coincommunity.com/forum/top ... _ID=130186

Also link to and read (download if you want it) the pdf link in my signature. The verifiable data presented shows trusting people have spent thousands of dollars on many slabbed coins that are not what the companies claims/slabbed the coins to be.

You don't have to throw in the towel over these companies...but education about the reality of them will put you on the right pathway to dealing with them in a legit way without losing money in the process.

And…if you just like to collect slabbed coins for what they are, which makes losing/making money from slabs irrelevant, then of course enjoy them!
Fact Check the grading Companies:
Fact checking grading company shortcomings on NO FG halves:
https://tinyurl.com/yalrstjz or higher resolution version: https://tinyurl.com/y7rksxu8

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