New Years resolution

Boosibri

I’m done wasting money on NGC to PCGS crossovers to have a uniform set. Sick and tired of worthy coins for the grade not crossing only to then try again, and for what purpose?

So my numismatic resolution is to channel my funds into more constructive outlets…the coins.

mvs7

Hear, hear! I've been doing that for years, too, and I've been thinking the same thing.

Abuelo

I have never crossed a coin from NGC to PCGS or the other way around. And I think your resolution is a good one.

1960NYGiants

I've never done a direct cross over but have cracked NGC and others then submit to PCGS.

My resolution this year is to continue selling off my moderns and focus on pre 1967 Canada business strike decimals and Colonial Tokens.

Have a safe, healthy and Happy New Year!

pruebas

The only coins I cross are the coins I feel the other services have undergraded, and then I generally crack them out before submitting.

I like the PCGS holder much better, so for coins that I want to keep forever, I might cross them, especially if the current holder is ratty looking or damaged.

Boosibri

@pruebas said:
The only coins I cross are the coins I feel the other services have undergraded, and then I generally crack them out before submitting.

I like the PCGS holder much better, so for coins that I want to keep forever, I might cross them, especially if the current holder is ratty looking or damaged.

I much prefer the PCGS holder as well, and I just like the uniformity of my coins in one type of holder.

I have also had too many instances recently where esoteric and difficult to grade coins are materially under appreciated by PCGS (PCGS 55, NGC 63+). I think they have some work to do.

scubafuel

I hear you. The variation in grading world coins can be incredible. There is actually a large opportunity there, but only on the upgrade side. When you’re already buying very high grade pieces that need to retain that grade to be census or finest known, you’re at their mercy.

I’ve never crossed a world coin in the holder. Always crack and then hold my breath. Both services seem far more generous to a raw coin. I’ve been burned twice, both times with old Anacs holders and edge issues that were concealed.

Boosibri

@scubafuel said:
I hear you. The variation in grading world coins can be incredible. There is actually a large opportunity there, but only on the upgrade side. When you’re already buying very high grade pieces that need to retain that grade to be census or finest known, you’re at their mercy.

I’ve never crossed a world coin in the holder. Always crack and then hold my breath. Both services seem far more generous to a raw coin. I’ve been burned twice, both times with old Anacs holders and edge issues that were concealed.

I think they are hesitant to cross many coins where the edge cannot be seen for that reason, but my gripe is then what is the "Guarantee Premium" of 1% of the coins value for then if not to protect them from those circumstances where the coin is cracked an issue is discovered.

scubafuel

Yes agreed. But like all insurance premiums, it’s easy to start thinking of it as a profit center rather than a pooled protection fund.

I feel like The best value and upside is to send them raw coins only. But that definitely means that not everything in my collection can be PCGS, which is a shame.
The look of coins in their holders is so much better than the competition.

bidask

Wowee what a resolution !

Actually I have been thinking the same for long while.

I was going to take over 40 NGC graded 8 reales to the 2022 NYINC for crossover. Obviously these are not reflected in my PCGS registry .....but after reading your post I am bringing only 8 coins for crossover which I hope I can use as my free submissions for my platinum renewal PCGS membership. The others I do not feel compelled at this time.

TwoKopeiki

@Boosibri said:
I’m done wasting money on NGC to PCGS crossovers to have a uniform set. Sick and tired of worthy coins for the grade not crossing only to then try again, and for what purpose?

So my numismatic resolution is to channel my funds into more constructive outlets…the coins.

Or crack them out and collect raw, you know?

cacheman

Crossover? Hell, I've never even slabbed a coin/medal in 20+ years of collecting. I've freed many though.

Boosibri

@TwoKopeiki said:

@Boosibri said:
I’m done wasting money on NGC to PCGS crossovers to have a uniform set. Sick and tired of worthy coins for the grade not crossing only to then try again, and for what purpose?

So my numismatic resolution is to channel my funds into more constructive outlets…the coins.

Or crack them out and collect raw, you know?

Could but again, why take a financial risk of a downgrade on a coin I believe to be accurately graded? And again, why pay the money in the first place for different plastic? Unlike US coins, the market doesn’t value NGC plastic any differently. If that fact were to change, so would the incentive to crossover.

coinkat

No New Years resolutions for me. My collecting is what it is and remains intact but Lately I have taken a greater interest in medals...

Boosibri does touch on a delicate subject that is worth some commentary. For starters, there are world coins that simply do not surface often. Grading them can be a challenge for many reasons ranging from die variations and production issues to just not having a reasonable sampling to develop appropriate benchmarks for the series and specific dates. It really never has been about the right plastic inasmuch as understanding grades and what separates mediocrity from average and above average from exceptional. In general, a specialist will have a greater appreciation and knowledge in connection with their series and specifically what makes the coin what it is. And this ability can and often does trump a TPG opinion made at the time of submission... and that opinion can change as the appreciation for the condition rarity unfolds over time.

I suppose the Readers’ Digest condensed version is the right coins will be appreciated for what they are even though it may not always happen on our timetable.

bidask

"......Unlike US coins, the market doesn’t value NGC plastic any differently."

Not so sure with this statement.....

Boosibri

@bidask said:

"......Unlike US coins, the market doesn’t value NGC plastic any differently."

Not so sure with this statement.....

In some series, like Cap & Rays, I can see where there is a PCGS favorable bias. In a rare date Chilean Volcano, probably not so much.

I know more world collectors who prefer NGC than prefer PCGS. The ones that do prefer PCGS are mii mostly Americans who ventured over to the dark side, like you and me.

jt88

@bidask said:

"......Unlike US coins, the market doesn’t value NGC plastic any differently."

Not so sure with this statement.....

For sure in some market it value NGC plastic with discount.

Exbrit

@Boosibri said:

I know more world collectors who prefer NGC than prefer PCGS. The ones that do prefer PCGS are mii mostly Americans who ventured over to the dark side, like you and me.

I am one of those that prefers NGC slabs for my world coins and PCGS for my American stuff. I normally do not cross them over - except for one series that I do like to maintain a uniformed appearance. With that said - I have a batch ready to cross. It’s really a waste of money and time, but it looks nice in the presentation case.

asheland

I'm mostly US, I do a little with world coins, I prefer PCGS, but both are fine in my collection. I have both and all different generations. I don't mind the look one bit.

asheland

I kinda like the look:

Euclid

I will crossover when they bring back the quarterly special.

@TwoKopeiki said:
Or crack them out and collect raw, you know?

I have done this as well. So far only to ones with errors on label, or that I thought were misgraded and intended to regrade. But I enjoy them more than I thought I would raw and am in no rush to pay for regrading at this point. I even consider cracking more sometimes. It's nice too that the raw coins I acquire can live in my raw collection no pressure. What's the rush?