CRACK OUTS VERSUS CROSSOVERS

fletch2645

I know this has been discussed on this forum before, but I just wanted to report the results of a test I recently concluded at PCGS. I'm starting a Morgan Dollar Registry set and I had several Morgans in ANACS, NGC, PCI, ICG, and (yipes) a couple in ACG holders that needed to be in PCGS holders to be included in the Registry set program. To conduct the test, I chose 1 coin from each grading service to be crossed over. To make sure that they would cross, I chose only what I considered to be very high quality examples for the grade and indicated on the submission form a minimum acceptable grade of 2 points lower than the existing grade. The rest of the coins that were in these holders (17 in all) were cracked out and submitted raw to see what the results would be.

Results: Of the 5 crossovers submitted, 4 did not cross and were sent back to me. Strangely enough, the only coin to cross was an ICG graded coin. Of the 17 submitted raw, I had 6 come back in the same grade, 8 come back in a higher grade(1 point in 6 cases and 2 points in 2 cases), and 2 come back in a lower grade (only 1 point in each case). One was body bagged saying it had been cleaned (an NGC MS65 coin).

These were the actual results and I'm not complaining because I got some decent upgrades out of this test. Number 1, I think it proves that PCGS graders have "slab bias". Number 2, grading standards are definitely not consistent from grading service to grading service, let alone within the same grading service. Go figure!!

jakemrjr

yay for the ICG crossover.... I like them.

Endocrinologist

Thanks for passing allong this information. I have always preferred cracking them out. However, I must confess that I am a perfect 5 for 5 on NGC to PCGS cross overs.

Endo

FC57Coins

Im 1 for 3 on NGC cross overs. I sent a 48D in MS65FBL, a 60D in MS65FBL and a 62 in MS66. The only one that came back crossed was the 60D. Of the ones I've cracked and gotten back, 1 was graded higher, 2 came back the same and 2 came back lower - moral of the story, even if you're really really sure, don't bet on it!

Regards,

Frank

clackamas

I just did something similar. I cracked 3 PCGS coins. 2 were upgraded and 1 BB'd for questionable color. Hmm from a PCGS slab? Crossed 3 coins, 2 crossed and 1 did not. The 2 that did cross crossed at the same grade and the 1 that did not was a cross at any grade. Go figure. Had an ANACS 44-D Lincoln cross at 67RD and a 1926 NGC lincoln cross at 65RD. The cross at any grade was an ANCS 18-D Lincoln in 65BN, it was cross at any grade so this means they would have BB'd a BRN lincoln, whatever.

fletch2645

I've just never had any luck with PCGS with crossovers, no matter how I approached it. Guess I will stick to the crackout game. Thanks for your responses. Interesting to see some other results.