
Originally Posted by
SirOzzyyzzO
Hello All and Merry Christmas to you all, as well - your families too,
Some of you know, I suffered a lot due to Hurricane Sandy. At this present moment, I have 37 coins at NGC "Scheduled For Grading", that first went to NCS to be conserved.
First, I want and feel the need to say, NCS called me upon inspection of my coins and offered me their condolences, because I described why they were wet and some turning green. Then, the gentleman on the phone said something like, I am not sure we can guarantee you any of the same grades, however, we are going to do our best, and we will extend to you the lowest conservation fee across the board and the same for the slab fees. I sent them some nicely graded coins and some highly sought after ones too... I heard the sadness in his voice... ANYWAY, I thought that was a beautiful & kind gesture - they didn't have to do that! I've only ever had great experiences with NCS or now NGC's conservation service. When I was down in Sarasota NCS was not officially part of NGC, and I am glad they partnered up. Again, my hat is off to them...
However, and mostly pertaining to the theme of this thread, ALL the coins sent to them were either PCGS or NGC coins - nothing raw or any other third grade service, and ALL that were sent in had gotten wet inside! Initially, some of the PCGS coins appeared to be perfectly OK the first few days, but what I, initially, missed was that the blue paper, where the grade is printed on itself, was actually saturated on each and every PCGS coin that was partially submerged. I didn't notice that until I had time to inspect them all and closer. At first, I even thought they were perfectly fine! As for the NGC coins that were partially submerged, also - it was hit or miss, but the ones that were wet, were wet all over the coin and especially the stuff that surrounds the coin inside the holder (The white part)... FWIW, all of these coins were coins in a box, atop of my 6ft. shelf, that gave way once the level got too high in my basement and jostled everything around and toppled things. This box was half in the water by the time I retrieved it, so it may have been fully submerged at one point, because I didn't get to it until some water had receded already.
Third, I had 80 1996 PCGS MS68 and or MS67 SAE coins that I submitted back in 2005. Some assorted Pandas and other foreign NGC slabbed silver coins - believe it or not, some MS-66/67 Kennedy halves too - all sitting on the floor in my boiler room, in a safe, before the storm, so ultimately they were ground level and sitting in Salt water the longest, ALL COMPLETELY CORRODED & PITTED by the time I got to them. In addition, the salt water ate away at the holograms on their backs. I was holding them there, not occupying precious bank vault space where my better coins were/are, because these were mostly all crud numismatic coins that I took chances on years ago & was hoping to hold and make my slab fees back on when silver rose to $60/$70 one day... Now, I am twice as Ph-Uh-K'd with them... I cannot even keep and or sell them in their holders because the holograms are gone, makes them look like BOGUS slabbed, non-collectable, green pitted silver dollars!
Moreover, aside from a few other things, I think my Hurricane lesson/experiment using both NGC & PCGS slabs as water and or air-tight Guinea pigs seems to have proven that they in-deed are not all waterproof - lol - So, does that make them Not Air Tight too I dare to guess???? I have yet to get to my bank vault, because the bank was hit hard and is still closed... Yet, I think I may be lucky since my boxes are chest level. But, they have yet to call me and I just think that is bad business on their part, but - nobody expected this amount of damage/carnage. So, I am sweating it out day by day to find out if those PCGS and NGC slabs shielded them or not???? I wish PCGS and or NGC made an airtight or water tight guarantee, but they don't cause they ain't, but, then again, this is not a perfect world... Lastly, I ran a small coin business from my basement. I lost all my empty OGPing, all my empty UHR boxes, all my pennies, all my 2009 silver proof sets... On and on, and, my biggest client called the day before the storm and asked what I had, so that is why I even had more coins then usual there... FWIW - I have two German Shepherds and one Shotgun that all resided down there until the Bitch sandy came along...
Just as a side note, regarding the pics posted within this thread, I've always thought that toning on PCGS GAE's is a gorgeous aspect of them! It breathes life into a monotonous looking series. However, that is simply my opinion and I'd tell ya I hate toning if I were trying to buy it from ya... lol Good night all and, again, Merry Christmas!