Home U.S. Coin Forum

Does PCGS give a “+” with a normal submission…

VasantiVasanti Posts: 458 ✭✭✭✭

Or do they only do it if you resubmit it for a “Plus Grade” reconsideration?

Comments

  • Che_GrapesChe_Grapes Posts: 1,884 ✭✭✭✭✭

    I have only personally seen them done upon resubmission ….

  • U1chicagoU1chicago Posts: 6,195 ✭✭✭✭✭

    You can get a plus on a standard submission-it just isn't common. I received it just once among multiple submissions (still a relatively small sample size compared to other people that send coins in but enough to get an idea).

  • ElmerFusterpuckElmerFusterpuck Posts: 4,743 ✭✭✭✭✭

    I've gotten a plus on a regular submission, but it does appear to be a rare occurrence.

  • robecrobec Posts: 6,773 ✭✭✭✭✭

    I’ve gotten plus grades on Regular, Economy, Regrade and Reconsideration.

  • stevebensteveben Posts: 4,620 ✭✭✭✭✭

    once got a plus on a crossover.

  • TheMayorTheMayor Posts: 228 ✭✭✭✭✭

    @steveben said:
    once got a plus on a crossover.

    Yeah, me too... after they moved it a grade down...

  • KliaoKliao Posts: 5,608 ✭✭✭✭✭

    I've seen plus grades from PCGS on regular and bulk submissions at the LCS that I work at.

    Collector
    75 Positive BST transactions buying and selling with 45 members and counting!
    instagram.com/klnumismatics

  • P0CKETCHANGEP0CKETCHANGE Posts: 2,778 ✭✭✭✭✭

    Since OP’s question was easily answered, how about this one?

    All other things being equal, are you more likely to earn a plus grade on a normal submission (raw or Regrade) or a Reconsideration? Why or why not?

    Nothing is as expensive as free money.

  • labloverlablover Posts: 3,640 ✭✭✭✭✭

    @robec said:
    I’ve gotten plus grades on Regular, Economy, Regrade and Reconsideration.

    Same here...

    "If there are no dogs in Heaven, then when I die I want to go where they went." Will Rogers
  • CoinscratchCoinscratch Posts: 8,878 ✭✭✭✭✭
    edited July 8, 2023 6:35AM

    I've received numerous plus grades on regular subs. The problem is they're usually a 1/2 point less rather than a 1/2 point more.

  • VasantiVasanti Posts: 458 ✭✭✭✭

    Makes sense. Thanks for the information guys!

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Yep.... Can get a plus in any submission, though it would appear to some that it is more common under reconsideration - and that is logical. Cheers, RickO

  • brianc1959brianc1959 Posts: 350 ✭✭✭✭✭

    @TheMayor said:

    @steveben said:
    once got a plus on a crossover.

    Yeah, me too... after they moved it a grade down...

    Ditto for this 1810 half cent. It was in an NGC MS-65/CAC holder, and after crossover it's a PCGS MS-64+:

  • winestevenwinesteven Posts: 4,639 ✭✭✭✭✭
    edited July 8, 2023 2:47PM

    @brianc1959 said:

    @TheMayor said:

    @steveben said:
    once got a plus on a crossover.

    Yeah, me too... after they moved it a grade down...

    Ditto for this 1810 half cent. It was in an NGC MS-65/CAC holder, and after crossover it's a PCGS MS-64+:

    So presumably you sent the PCGS holder back to CAC to get the sticker reapplied? Assuming yes (or even not) perhaps consider sending photos and your paperwork trail to CAC Grading once it’s open to members.

    Prove that CAC stickered this as a 65BN. The fact it was in an NGC holder doesn’t matter. While guide values in holders of different TPG’s varies, as a generalization using just PCGS values, your 64+BN has a guide value of $9,000, but as a 65BN, using the PCGS guide, that coin in a new CAC Grading holder might have a value of around $20,000 or so! The CAC Price Guide has a 65BN at $15,600, still a significant increase over the current PCGS Guide of $9,000! Why not do it?

    I’ve learned, surprisingly to me, that it appears the majority of collectors on this forum choose NOT to maximize value. Since this thread is about getting plus grades, which maximize values, I feel I’m ok raising this issue.

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • brianc1959brianc1959 Posts: 350 ✭✭✭✭✭

    @winesteven said:

    @brianc1959 said:

    @TheMayor said:

    @steveben said:
    once got a plus on a crossover.

    Yeah, me too... after they moved it a grade down...

    Ditto for this 1810 half cent. It was in an NGC MS-65/CAC holder, and after crossover it's a PCGS MS-64+:

    So presumably you sent the PCGS holder back to CAC to get the sticker reapplied?

    Steve

    Hi Steve:
    I would like to. Who knows, it might even come back with a gold sticker? But if you go to the CAC website you are greeted with a message stating: "CAC is not currently accepting new members (submitters)", which is a pretty steep obstacle to doing business with them since I'm not a member. But at least I have a nice TrueView!

  • winestevenwinesteven Posts: 4,639 ✭✭✭✭✭
    edited July 8, 2023 3:04PM

    @brianc1959 , see the “continuation” /edit I added on to my comment after you just posted your reply to me.

    Easy solution to what you describe above. Just find a reliable dealer member to submit the coin on your behalf, whether to CAC stickering first, or just directly to CAC Grading. I’ve read somewhere that the current “soft opening” at CAC Grading should end shortly, so all members will be able to submit coins to CAC Grading! Just make sure to include the supplemental material to prove your case. Then submit to cross at 65BN or better. Maximize value!

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • brianc1959brianc1959 Posts: 350 ✭✭✭✭✭

    @winesteven said:

    The CAC Price Guide has a 65BN at $15,600, still a significant increase over the current PCGS Guide of $9,000! Why not do it?

    Steve

    This may sound silly, but I prefer coins in PCGS holders primarily for the purpose of organizing online photo albums via the registry. So I can't imagine ever using the new CAC holder service. I suppose that this means I'm basically a collector and not an investor. The CAC stickering service is a good thing IMO, but it's just a shame that it appears to be going away and is already very difficult to use.

  • robecrobec Posts: 6,773 ✭✭✭✭✭

    @winesteven said:

    @brianc1959 said:

    @TheMayor said:

    @steveben said:
    once got a plus on a crossover.

    Yeah, me too... after they moved it a grade down...

    Ditto for this 1810 half cent. It was in an NGC MS-65/CAC holder, and after crossover it's a PCGS MS-64+:

    So presumably you sent the PCGS holder back to CAC to get the sticker reapplied? Assuming yes (or even not) perhaps consider sending photos and your paperwork trail to CAC Grading once it’s open to members.

    Prove that CAC stickered this as a 65BN. The fact it was in an NGC holder doesn’t matter. While guide values in holders of different TPG’s varies, as a generalization using just PCGS values, your 64+BN has a guide value of $9,000, but as a 65BN, using the PCGS guide, that coin in a new CAC Grading holder might have a value of around $20,000 or so! The CAC Price Guide has a 65BN at $15,600, still a significant increase over the current PCGS Guide of $9,000! Why not do it?

    I’ve learned, surprisingly to me, that it appears the majority of collectors on this forum choose NOT to maximize value. Since this thread is about getting plus grades, which maximize values, I feel I’m ok raising this issue.

    Steve

    I’ve done that in the past on regrades and a couple of crossovers. I had photos of slabs and TrueViews (with different cert numbers on regrades). The first few times I was successful, but the last time I supplied photos and dialog I was still charged full price for the sticker on coins that had either a new cert number or was previously snickered when in a different company’s slab. I was told resticker fee wouldn’t apply unless the coin has the same cert.

  • winestevenwinesteven Posts: 4,639 ✭✭✭✭✭
    edited July 8, 2023 3:23PM

    @brianc1959 said:

    @winesteven said:

    The CAC Price Guide has a 65BN at $15,600, still a significant increase over the current PCGS Guide of $9,000! Why not do it?

    Steve

    This may sound silly, but I prefer coins in PCGS holders primarily for the purpose of organizing online photo albums via the registry. So I can't imagine ever using the new CAC holder service. I suppose that this means I'm basically a collector and not an investor. The CAC stickering service is a good thing IMO, but it's just a shame that it appears to be going away and is already very difficult to use.

    Understood, as I’m also a fan of PCGS holders with CAC stickers. To me, the PCGS Registry is very important, so the only PCGS coins of mine I’ll consider crossing will be certain dupes.

    Separately though, I disagree with your conclusion that implying if one is looking to maximize value means you’re an investor and not a collector. I’m a 100% collector. While it’s nice to see our coins increase in value in a rising market, like you, I partake for the pleasure we derive from this wonderful hobby, without an expectation of profit. Chances are, for a variety of reasons, other traditional investments perform better than numismatics. You and I have put significant money into this hobby, knowing there could have been better places to go. But that’s all completely different from maximizing value of the coins we have - NOT to flip as an investor would, but just to help whenever the time comes down the road for sale - whether by us many years from now, or someday further by our heirs!

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • winestevenwinesteven Posts: 4,639 ✭✭✭✭✭

    @robec said:

    @winesteven said:

    @brianc1959 said:

    @TheMayor said:

    @steveben said:
    once got a plus on a crossover.

    Yeah, me too... after they moved it a grade down...

    Ditto for this 1810 half cent. It was in an NGC MS-65/CAC holder, and after crossover it's a PCGS MS-64+:

    So presumably you sent the PCGS holder back to CAC to get the sticker reapplied? Assuming yes (or even not) perhaps consider sending photos and your paperwork trail to CAC Grading once it’s open to members.

    Prove that CAC stickered this as a 65BN. The fact it was in an NGC holder doesn’t matter. While guide values in holders of different TPG’s varies, as a generalization using just PCGS values, your 64+BN has a guide value of $9,000, but as a 65BN, using the PCGS guide, that coin in a new CAC Grading holder might have a value of around $20,000 or so! The CAC Price Guide has a 65BN at $15,600, still a significant increase over the current PCGS Guide of $9,000! Why not do it?

    I’ve learned, surprisingly to me, that it appears the majority of collectors on this forum choose NOT to maximize value. Since this thread is about getting plus grades, which maximize values, I feel I’m ok raising this issue.

    Steve

    I’ve done that in the past on regrades and a couple of crossovers. I had photos of slabs and TrueViews (with different cert numbers on regrades). The first few times I was successful, but the last time I supplied photos and dialog I was still charged full price for the sticker on coins that had either a new cert number or was previously snickered when in a different company’s slab. I was told resticker fee wouldn’t apply unless the coin has the same cert.

    I agree. I wasn’t implying to send it back via restickering, but much more importantly, just getting the sticker back on that coin that merits the sticker!

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • brianc1959brianc1959 Posts: 350 ✭✭✭✭✭

    @winesteven said:
    @brianc1959 , see the “continuation” /edit I added on to my comment after you just posted your reply to me.

    Easy solution to what you describe above. Just find a reliable dealer member to submit the coin on your behalf, whether to CAC stickering first, or just directly to CAC Grading. I’ve read somewhere that the current “soft opening” at CAC Grading should end shortly, so all members will be able to submit coins to CAC Grading! Just make sure to include the supplemental material to prove your case. Then submit to cross at 65BN or better. Maximize value!

    Steve

    The prospect of having to find a dealer to use as an intermediary to do business with CAC is a bit daunting, and for better or worse my instincts are against it. For one thing, it seems to me the risk of losing the coin is unavoidably greater if a third party gets involved. I agree with your opinion about maximizing value, so if CAC decides to stay in the stickering business and will start welcoming new customers again then I'll certainly be interested. Apologies to the OP if I've carried this thread too far off-course!

  • CoinscratchCoinscratch Posts: 8,878 ✭✭✭✭✭

    @ricko said:
    Yep.... Can get a plus in any submission, though it would appear to some that it is more common under reconsideration - and that is logical. Cheers, RickO

    Pluses typically come with toners so, sorry :D

  • winestevenwinesteven Posts: 4,639 ✭✭✭✭✭
    edited July 9, 2023 1:12AM

    @Coinscratch said:

    @ricko said:
    Yep.... Can get a plus in any submission, though it would appear to some that it is more common under reconsideration - and that is logical. Cheers, RickO

    Pluses typically come with toners so, sorry :D

    Not with my collection! Of my coins eligible for a plus (grades 69 and 70 are ineligible for a plus) about 63% have a plus grade. Some I’ve purchased with plus grades, but many got their plus via Reconsideration. For those that know the eye appeal I like, and/or have seen many of the coins I’ve posted on this forum, my coins tend to be highly lustrous with little or no color. And every one also has a CAC sticker, despite not being “oh so important ‘Original”. My guess is I’ve received more of @ricko ’s “highly coveted” BW stickers (Blast White) than any other member posting on this forum, lol. 😆

    Here’s my most recent example - MS67+ with CAC:

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • CoinscratchCoinscratch Posts: 8,878 ✭✭✭✭✭

    Well! That's pretty gosh darn impressive as is your collection. Thank you for clarifying and you covered both bases 63% of the time. That is a fine example above. I will assume it was only the static in the left obverse that held it back from 68.
    CAC however doesn't pay attention to pluses so they viewed it as a 67 and worthy of the green bean.
    Question: Would it be worth more had it graded 66+ and then acquired a gold bean?

    @winesteven

  • winestevenwinesteven Posts: 4,639 ✭✭✭✭✭

    @Coinscratch said:
    Well! That's pretty gosh darn impressive as is your collection. Thank you for clarifying and you covered both bases 63% of the time. That is a fine example above. I will assume it was only the static in the left obverse that held it back from 68.
    CAC however doesn't pay attention to pluses so they viewed it as a 67 and worthy of the green bean.
    Question: Would it be worth more had it graded 66+ and then acquired a gold bean?

    @winesteven

    1. Thank you for your kind words.
    2. I bought it in February as a 67, so I don't believe it merits a 68 due to what you correctly pointed out, along with some other things.
    3. When I buy a coin I NEVER buy it with the expectation that it will upgrade. With guidance from unbiased people who see the coin in hand for me, that rules out about 80% of the coins I see that i like the photos, but apparently in hand, they tell me to pass. That unbiased advice is invaluable!
    4. I fully agree that all CAC stickering cares about is it being solid as a 67. As such, now that I have the coin back in hand from PCGS, I have to send it to CAC stickering in NJ to get the green sticker reapplied.
    5. My understanding is a Gold sticker would only be applied if CAC felt it would grade at least 1-1/2 points higher. It was moot here, as I bought it as a 67 with the green sticker, and got the plus via Reconsideration.

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • VasantiVasanti Posts: 458 ✭✭✭✭

    Pretty peace dollar!

  • stevebensteveben Posts: 4,620 ✭✭✭✭✭

    @TheMayor said:

    @steveben said:
    once got a plus on a crossover.

    Yeah, me too... after they moved it a grade down...

    oh the irony

  • alefzeroalefzero Posts: 994 ✭✭✭✭✭

    I have gotten pluses in regrades but cannot recall a single case where I got one in initial grading from raw or crossover. And I have done a LOT of submissions and the plus has not been around for that long. Maybe others have different experiences.

  • dbldie55dbldie55 Posts: 7,735 ✭✭✭✭✭

    Yes.

    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • lermishlermish Posts: 3,242 ✭✭✭✭✭

    I've submitted roughly 100 coins over the last couple of years and have not gotten a single plus grade. I would tend to think they are much more common on reconsideration or regrade.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file