PCGS World Crossover Limited Time Allowed! ?

marcmoish · May 14, 2012 2:43AM

Just noticed this - crossover special - limited time - Crossover allowed.

DeiGratia · May 14, 2012 2:45AM

Huh?

marcmoish · May 14, 2012 2:47AM

PCGS World Coin Crossover Special

You have worked hard to find the best World coins. Shouldn't they be graded by PCGS, the world's most respected grading service?

For a limited time, PCGS is offering a no-risk World Coin Crossover Special:

• Submit your already-certified World coins and only pay for those that cross!
• Coins that do not cross will be evaluated free of charge.
• Coins that cross will be eligible for the industry-leading PCGS Set RegistrySM

Don't wait. Send your world coins to PCGS to take advantage of this limited-time offer. Click here for submission details and instructions.

TwoKopeiki · May 14, 2012 3:01AM

Smart move by PCGS to grab another piece of the market share. Now they just need to work on turnaround times.

DeiGratia · May 14, 2012 5:21AM

Hmmmm I have a questions, since I've never done this before.

If I send in an MS62 NGC coin and PCGS thinks it's an

1. MS63... what happens?
2. AU58... what happens?

Thanks.

ajaan · May 14, 2012 5:26AM

According to the above post:

1. You pay
2. You don't pay, PCGS tells you what they think

candy2012mustang · May 14, 2012 5:40AM

I have a few questions about the secure plus-

Can I crossover NGC coins directly to secure plus?

If the coin will not cross, will they return it in my NGC holder?

I am wondering because of the scanners - They have to scan the coin before grading which is impossible in a TPG holder....

DeiGratia · May 14, 2012 5:44AM

<< According to the above post:

1. You pay
2. You don't pay, PCGS tells you what they think >>

1. "Cross" means same grade or higher? In which case they would break the holder, take the coin out, put it in a PCGS Holder with the same grade or higher?
2. So if it doesn't "Cross" it means they leave it in the NGC Slab?

Thanks

marcmoish · May 14, 2012 5:51AM

I hope someone that knows someone direct at services will confirm.

I believe they WILL cross any NGC in said grade to PCGS same grade period!

They will NOT up the grade or lower the grade BUT will return the coin untouched if they don't believe in "current" said grade.

sooo DeiG
1. "Cross" means same grade or higher? In which case they would break the holder, take the coin out, put it in a PCGS Holder with the same grade or higher? SAME GRADE IT SEEMS!! (I WISH HIGHER

2. So if it doesn't "Cross" it means they leave it in the NGC Slab? CORRECT

marcmoish · May 14, 2012 5:56AM

bla bla bla error post - where are my meds?

Peacemonkey · May 14, 2012 6:04AM

I'm pretty sure an upgrade falls under the "cross" category.

TwoKopeiki · May 14, 2012 7:07AM

I don't think this is any different that current crossover rules, except you don't pay if the coin fails to cross, meaning it does not cross at the same or higher grade or at a specified minimum grade on the form.

For example, you have an AU58 and you specify min crossover grade of AU53 it will cross if PCGS thinks its 53 or higher.

I can call PCGS tomorrow to clarify.

candy2012mustang · May 14, 2012 7:45AM

Somebody should call and clear up a lot of questions that we have about this subject.

I would assume that they would crack out all of the coins prior to cross grading because of the scanning for secure plus...

Which leads me to think if it is better to crack them out myself and submit so they have no bias for the other TPG grade..

What is interesting is that its free if they do not cross - will they send it back in a body bag if it doesnt cross or your original TPG holder..??

I think the key to this is the scanners. Maybe they determine a grade while the coin is still in the other TPG holder - then scan once they determine a grade? I doubt it.

coinkat · May 14, 2012 8:48AM

But is it limited to NGC?

mudskippie · May 14, 2012 8:59AM

<< Can I crossover NGC coins directly to secure plus? >>

To the best of my knowledge, yes, if your coins are 1954 or older, it's a must that they cross under secure plus service.

<< If the coin will not cross, will they return it in my NGC holder? >>

Yes, your coins will be returned in their original holders.

<< I am wondering because of the scanners - They have to scan the coin before grading which is impossible in a TPG holder.... >>

They actually inspect the coin to determine if it's sufficient for the grade before breaking the holder for the scan. The scan won't provide any grades, just to record the surface of the coins and to determine if any chemicals are present.

Hope this helps

1960NYGiants · May 14, 2012 12:46PM

Got a link?

WorldTypeSet · May 14, 2012 12:52PM

Got a link?

Here it is.

pruebas · May 14, 2012 1:12PM

Excellent idea!

marcmoish · May 14, 2012 10:34PM

Hey 2K if you can perhaps follow up direct w/PCGS and post in short any concerns or additiional info -

I agree this was a good move - it gives a chance for those that do NOT want to crack out yet prefer our hosts plastic. I consider myself in that camp.

WorldTypeSet · May 14, 2012 10:48PM

Hey 2K if you can perhaps follow up direct w/PCGS and post in short any concerns or additiional info -

Ya, lots of opposing information on the Secure Plus FAQ ...

12. Q: Can you add the + as part of a minimum grade for Crossovers or Regrades, e.g. submit a 62 coin with minimum grade or 62+?
DW: There are no minimum grades with PCGS Secure Plus. There are no Crossovers either.

63. Q: What will happen if I spend $5 K on an NGC coin in a Heritage auction and I send it to you with cross at any grade - (can you do the scan through the slab? it needs to be cracked out, doesn't it?)
DW: Crossovers are not accepted in PCGS Secure Plus. You can crack it out and take your chances, or stick to buying PCGS-graded coins. Same as always.

68. Q: Since I heard that Crossovers are not included in this new program, and all my coins are already TPG- holdered, just an hour ago I sent off two Crossover submissions at the regular service. I don't see why you decided not to include Crossovers in this new Secure Plus program. I might have a few that are worth the extra PCGS fees.
DW: We cannot do Crossovers through Secure Plus because we need to take the coin out of the holder to scan it. That must happen before it's graded, not after. Therefore we cannot do Crossovers. You can either cross them in the regular line or crack them out.

82. Q: If you don't go the crackout route, is the only way to get a crossover into Secure Plus is by sending a coin in for Crossover only with no minimum grade selected, get the coin back and then resubmit for Secure Plus?
DW: You are correct. Only raw coins (uncertified) or coins already in PCGS holders (either Standard or Secure Plus holders) may be submitted through the Secure Plus service.

candy2012mustang · May 15, 2012 1:37AM

^^^^ Exactly what I expected with the Secure Plus service.

So what CAN you cross?

Nothing to Secure plus - which means all foreign coins that are pre-1954 I believe.

WWW · May 15, 2012 2:45AM

I wonder why PCGS did not make it clear about their limited time offer for crossovers. As I read it on the PCGS website: No crossovers for the Secure Plus service.
If true, this limited time "special" is hardly special.

TwoKopeiki · May 15, 2012 3:54AM

Spoke with Alicia @ PCGS today and here's the scoop:

The special is a World Coins into Secure Plus cross-over. You will only get charged for coins that crossed, meaning the coin is the same grade or higher than what is currently on the holder OR the same or higher than your specified minimum cross-over grade on the submission form. In that aspect, it's the identical to how you would normally send a cross-over. What's different is that these are being crossed-over into Secure Plus holders (which normally don't allow cross-overs) and that grading fee is not charged for coins that fail to cross..

Any TPG holders qualify, not only NGC. I specifically asked about ANACS and PCI and she confirmed.

Now for the part I found interesting:

The process is as follows: Grader(s) will evaluate the coin in its original holder an determine if it would qualify to cross. The coin will be cracked out of the holder and put through the sniffer. Regardless of what the sniffer says, the coin is encapsulated in PCGS Secure Plus. So, there are only 2 scenarios with regards to the coin coming back - in its original holder because it failed to cross or in a PCGS graded Secure Plus holder.

I'm putting a package together now. Seems like a win-win situation here.

Cheers,

Roman.

DeiGratia · May 15, 2012 5:24AM

It does sound like a win win.... Now I need to figure out if I want to pay to become a PCGS Club Member...

Thanks.

ajaan · May 15, 2012 6:42AM

The one coin I would like to cross is a Canadian Dollar in NGC FA2, I think it's overgraded, would love to see it in a PCGS PO01 holder. Can I ask to cross at lower grade only?

mudskippie · May 15, 2012 8:33AM

<< The one coin I would like to cross is a Canadian Dollar in NGC FA2, I think it's overgraded, would love to see it in a PCGS PO01 holder. Can I ask to cross at lower grade only? >>

It seems not everyone wanted to cross at current or higher grade. That's the beauty of this hobby

WWW · May 15, 2012 9:07AM

Roman, thank you for taking the time to call PCGS and get clarity for this offer.

marcmoish · May 15, 2012 10:46AM

Roman, thank you for taking the time to call PCGS and get clarity for this offer.

yup 2k is ok!

DonWillis · May 15, 2012 1:20PM

Hey folks. I am here to answer any questions you may have.

I love this special and hope that you take advantage of it while it lasts. We really believe in World coins (better late than never!) and want all the best World coins in our holders (just like the US).

Let me throw a few things out there that I think may be questions.

- Any ANACS, ICG or NGC certified coin qualifies for this special. No other holders please. Break those out!

- If we determine that your coin will cross at its current grade or higher we will cross it and bill you.

- If we decide that your coin cannot cross because it either a) does not make the grade or b) has a problem preventing it from being graded, you will not be charged.

- If your coin does not make the grade you will get it back "code 85 - did not cross'. We are not going to be labeling every coin with the grade we think it is.

- If your coin has a problem preventing us from grading it you will get it back with the problem code (see our Genuine service for details). Codes like 91 - AT, or 92- cleaning, or - god forbid - 90 "questionable authenticity".

- We are throwing our "no Secure Plus crossovers" rule out the window. You can cross to Secure Plus.

- If we determine that your coin will cross and we crack it out and find through Secure Plus that there is a problem, or see that the rims are filed, or some other problem not visible in the holder, we will offer to buy your coin or return your coin with a cash settlement.

- All non-Modern coins (post 1955) will be crossed to Secure Plus. Modern can be crossed to either Standard or Secure Plus holders. All crossover rules apply (ex. no MS70).

- We do not recognize Early Strike, Best Strike, or any other such designation by another grading service.

Website announcement

TwoKopeiki · May 15, 2012 1:26PM

Thank you for clarifying the special, Don!

Just one question - are you still looking at the minimum cross-over grade on the submission when deciding to cross? For example, if I send in an AU58 NGC 8 Reales, but specify minimum crossover grade of AU55 and PCGS determines it's a 55 - would you still cross it over? It wasn't clear from your explanation.

Cheers,

Roman.

marcmoish · May 15, 2012 1:27PM

We are throwing our "no Secure Plus crossovers" rule out the window. You can cross to Secure Plus.

Hey Don - find a very high window

...... and yup better late than never - good move and thanks for posting.

DonWillis · May 15, 2012 4:00PM

are you still looking at the minimum cross-over grade on the submission when deciding to cross? For example, if I send in an AU58 NGC 8 Reales, but specify minimum crossover grade of AU55 and PCGS determines it's a 55 - would you still cross it over?

Yes. If we determine that a World coin will cross at the minimum grade (if specified), or at it's current grade, or at a higher grade, the coin is eligible for this special.

SmEagle1795 · May 15, 2012 5:11PM

This may be a stupid question, but is there any definition over precisely what a world coin is? For example, is English hammered gold considered a world coin, or are ancient gold coins world coins?

Thank you!

candy2012mustang · May 16, 2012 1:34PM

Bump for last question^^^

SmEagle1795 · May 17, 2012 6:55PM

Any word on the above question? Thanks!

SYRACUSIAN · May 17, 2012 11:11PM

- If we determine that your coin will cross and we crack it out and find through Secure Plus that there is a problem, or see that the rims are filed, or some other problem not visible in the holder, we will offer to buy your coin or return your coin with a cash settlement.

Now, this was unexpected! My guess is that the "DNC" percentage will seriously increase in order to avoid such unpleasant settlements, but congrats to PCGS for refusing to reholder coins with hidden problems at the same grade as before.

WorldTypeSet · May 18, 2012 10:59AM

Ok, I'll bite.

Signed up for Collectors Club, and just sent a box of 20 (19 NGC and 1 ANACS) coins for Crossover. Mostly German State and Swiss Canton minors.

Many thanks to Roman (TwoKopeiki) for answering my many somewhat paranoid first submitter questions.

PCGS World Crossover Limited Time Allowed! ?

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