Too soon for reconsideration?
buffalo_5c_fanatic
Posts: 19 ✭
Three months ago I sent seven coins in for reconsideration (the coins are left in the holders, as most of you know, unless an upgrade is awarded). One received an upgrade. I think most if not all of the others which didn't receive an upgrade should have! Do you think it is too early too send them back for reconsideration again?
Has anyone sent in a coin for reconsideration soon after having already sent it in, and received an upgrade?
TIA
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Comments
Do you have photos to show us? Coins can change grades, but generally the grading companies are pretty consistent, especially if they already know what the coin graded last time. If you're really confident in an upgrade (and no chance of a downgrade) crack them and send them back in. I imagine using reconsideration over and over again won't change much but the balance in your bank account.
Is the potential monetary gain sufficient to justify the cost of playing the "reconsideration" game? Do stickers or lack of them play into the equation?
It's your third thread on the topic in three weeks, so I suggest you just go ahead and send away until you get the grades that you want.
In honor of the memory of Cpl. Michael E. Thompson
1 out of seven upgraded yet you feel that all should have; somehow I get the feeling that you may not grade the same as PCGS does.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I have been wrong more times than I care to admit, but I have never sent one in more than once after it has not been upgraded. But I am doing that out of principle and profit. I do know first-hand of others sending coins in up to seven times. I also have seen a coin resent AFTER and upgrade only to get an upgrade again. I guess what I am saying is anything is possible, but your probability of success goes down significantly on each subsequent resubmission.
Years ago, I overheard a guy bragging that he got his MS 64 Seated Dollar to upgrade to MS 65 on the ELEVENTH submission.
I try to buy a coin which appears nice for the grade and leave it there. Once i got a good price on a liner coin, and to date have sent it in 3 times without getting an upgrade.
I am trying to limit my submissions to coins that were nice for the grade when I bought them, and I have held them for at least ten years. They are pre-screened before I submit them. To date, I have sent in 12 coins, gotten 4 or 5 + designations, and one coin was upgraded.
I really don't like doing this. If I felt I had to look for undergraded coins and try to resubmit them for upgrades, I wouldn't be in the hobby. It takes the focus away from the coin itself, and this is a hobby to me.
"Seu cabra da peste,
"Sou Mangueira......."
Thanks all!
I would guess 11 crack outs. Reconsideration more than once is a waste.
I'm sure you're right about that.
"Seu cabra da peste,
"Sou Mangueira......."
I guess if one is looking at a future sale, seeking an upgrade may be valid (in some cases). Though repeated efforts seem like a huge waste of money. I am generally happy with the coin as graded... and since I do not sell coins, I do not resubmit (either raw or for reconsideration)..... Seems it would need a significant upgrade to justify expenses. Cheers, RickO