Anyone ever successfully cross an NGC 67RD Lincoln cent?

Shamika · May 6, 2006 1:10AM

Just wondering.

iras4 · May 6, 2006 1:24AM

<< Just wondering. >>

I haven't, but I know a prominent Lincoln cent dealer (not me) who succeeded in doing that after 10 tries at shows at $100 a pop, cracking out each time. Paid $850 for the coin, a 1935-S NGC-67R, and when PCGS finally bestowed a grade of M-67R, he promptly sold it for $15,000!

Not a typical situation, of course. Few folks would spend $1000 in grading fees to try to get an NGC graded coin to cross at the same grade, and this fellow frequently bats 0, but when he wins, he wins big!

Ira

mnmcoin · May 6, 2006 1:30AM

I have had a few, but nothing super scarce. I think a 42d, 44p and a 45s.

morris <><

Shamika · May 6, 2006 1:57AM

<< Paid $850 for the coin, a 1935-S NGC-67R, and when PCGS finally bestowed a grade of M-67R, he promptly sold it for $15,000! >>

If PCGS said 66RD nine times, is it really a 67RD after the tenth? Sure would hate to be the one stuck with an overgraded coin.

ColonialCoinUnion · May 6, 2006 2:07AM

<< 

<< Paid $850 for the coin, a 1935-S NGC-67R, and when PCGS finally bestowed a grade of M-67R, he promptly sold it for $15,000! >>

If PCGS said 66RD nine times, is it really a 67RD after the tenth? Sure would hate to be the one stuck with an overgraded coin. >>

I agree, but I also disagree. I suspect that high percentage of all coins are submitted multiple times by someone (or several someones) until the highest possible grade is achieved.

Shamika · May 6, 2006 2:13AM

<< I suspect that high percentage of all coins are submitted multiple times by someone (or several someones) until the highest possible grade is achieved. >>

I strongly agree. In theory, every coin will eventually end up overgraded since overgraded coins never get cracked out.

iras4 · May 6, 2006 2:37AM

<< 

<< Paid $850 for the coin, a 1935-S NGC-67R, and when PCGS finally bestowed a grade of M-67R, he promptly sold it for $15,000! >>

If PCGS said 66RD nine times, is it really a 67RD after the tenth? Sure would hate to be the one stuck with an overgraded coin. >>

AS it turns out, the new owner at $15,000 sold his entire Registry set less than 6 months later in a major auction, and the hammer price was $20,000 plus the juice. Must have been a nice coin! In fact, I know it was!

Ira

centmaster · May 6, 2006 2:46AM

I've had a few NGC 67RDs cross, but none in the past two years. I did have 3 ANACS 68RDs that I wanted crossed to 67s. Went 0 for 3 the first time and 1 for 3 the second time. They were not 68RDs to me of course, but they were all "screaming" 67RDs. I think I resold the other 2 coins (still in the ANACS holders.)

Shamika · May 6, 2006 9:03AM

Anyone else?

coinbuf · May 6, 2006 9:15AM

Not me but then I rarely play that game. You thinking about that recent 50-P?

Chris

drwstr123 · May 6, 2006 9:23AM

They crossed my NGC 66RB 1926 successfully:

LouisCamp · May 6, 2006 9:28AM

I was looking for a 1995 Double Die Lincoln for my PCGS MS66 set, I had a few NGC MS67's and after seeing how most said NGC can't grade copper. I took one of the NGC 67's and sent it in, in hopes of a PCGS MS66. Result.....PCGS MS67.

Lou

Shamika · May 6, 2006 9:46AM

<< You thinking about that recent 50-P? >>

Not really. I have some super nice NGC 67RD's that look better than 67RD's in PCGS holders. However, I'm always afraid of cracking them out and I suspect PCGS has an unwritten policy of NOT crossing this grade.

pharmer · May 6, 2006 10:13AM

<< I was looking for a 1995 Double Die Lincoln for my PCGS MS66 set, I had a few NGC MS67's and after seeing how most said NGC can't grade copper. I took one of the NGC 67's and sent it in, in hopes of a PCGS MS66. Result.....PCGS MS67.

Lou >>

Good for you. And I can't say I'm surprised, given the date and issue. Market pricing also is similar between the services in that grade, and that variety, or at least not thousands of % different as on the wheats, where this discussion started. I think you will see easier crosses going back from the present to maybe the late 80's. Getting a 70's ngc 67 to cross is probably as tough as getting a wheat to cross.

dizzyfoxx · May 6, 2006 10:19AM

<< They crossed my NGC 66RB 1926 successfully:

>>

Very

penny!

Anyone ever successfully cross an NGC 67RD Lincoln cent?

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