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Is it better to crank out a previously slabbed a coin to submit to PCGS or go with the cross over

I just read that within the last 30 days crossovers only had a 41% success rate meaning whatever the submitter said was the minimum acceptable grade was not obtained regardless of what the slabbed coin was originally graded at.
I questioned whether it’s economically smart or technically smart to crack them out first and submit them as raw.
I would love to hear from anyone about this.

Answers

  • coinbufcoinbuf Posts: 11,569 ✭✭✭✭✭

    Depends on the coin.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • My apologies I should’ve done a better job of editing this L O L
    Crack the coin out or not

  • Good point depends on the coin; I am talking about something with a high degree of rarity great value.
    The difference between a 62 and a 63 is tens of tens of thousands of dollars.

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @Johnscott6443 said:
    My apologies I should’ve done a better job of editing this L O L
    Crack the coin out or not

    You can edit and correct the topic title...

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • kruegerkrueger Posts: 887 ✭✭✭✭

    I for one will from now on Crack them out . Last submittal 20% cross from NGC
    These were extremely nice coins. When I got them back I looked at them again and was dismayed.
    45 years collecting submitting since 1986 . Taken full gamit of grading classes for over 25 years.
    Even did a little consulting for PCGS . Can I be that wrong?
    Cross submittal before that one same results, then cracked and resubmitted got the grades I should have got in the first place without the extra costs. Varieties have been a complete bust even when I have one of their slabbed ones in hand to compare! It feels like something has changed. I also have had a case where a slabbed variety was moved to a none variety slot in my Registry set. WHAT?
    . Took months to convince them that the one they slabbed was the variety.
    They finally corrected it. Thank goodness.

  • Thank you Krueger,
    That is some great insight and supports what I’m inclined to do. I just think there’s something fundamentally wrong with the process where we tell them what the coin is worth based on the MS scale and we may not even be an expert, then they take it from there.
    My real concern is I’ve never cracked a coin out. I do have some lesser slabbed ones that I could experiment on lol.
    You sound like you have the experience and the mentorship that I need.
    Thanks again

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