Grading and crossover stats

homerunhall

Here's some grading and crossover stats.

PCGS coins graded last quarter...

July 66,452 coins
August 75,086 coins
September 71,882 coins

and FYI, in May we graded 104,883

The 12 month crossover rate was 26% at the end of September (out of 23,411 crossovers submitted in the previous 12 months.)

The 12 month crossover rate was 31% at the end of June, so the trend is down, and it's certainly not the 50% it once was. Note that the crossover rate includes coins from all services and we do get a number of ICG and ANACS crossovers. We even get an occasional ACG croosover attempt.

Does anyone know what the NGC crossover rate is? Or how many crossovers are submitted to NGC??
Just curious...David

Placid

23,411 x $15.00=$351,165.00
25%=$87,791.25 (crossed)
75%=$263,373.75 wasted on crossover attempts

Got the numbers for body bagged coins?

Rampage

Mr. Hall, I am curious to know what the crossover rate would be from ANACS to PCGS. I hear ANACS is pretty tough on grading right now, so does that mean the chances of it crossing are better? Rampage!

BigD5

In another post there were some comments to the effect of "why wouldn't we want to cross the PQ coins from NGC", and that you had all of these coins available for crossover. The part that puzzles me a bit is pcgs more concerned with just crossing the PQ pieces from other services, or are they concerned with crossing over properly graded coins? Seems that would be different to me.
Seems with a 26% crossover rate, that that is almost surely what is going on. We all love PQ coins, but coins sent in to grading services are sent in looking for a proper grade, not whether or not they qualify as PQ for a certain grade, to make that grade.
This is why pcgs is losing submissions (I don't care about the numbers, moderns heading over to pcgs will keep the "numbers" up). People want properly graded coins. They don't want to see if their coins qualify as PQ for the grade, to meet that grading requirement.
I also think pcgs is feeling the "pressure" (maybe the wrong word), of ngc graded coins as compared to pcgs graded coins in many Bluesheet listings recently. Ngc seems to be closing the gap rather quickly and is ahead in quite a few categories now.
Just a couple of random thoughts floating around.

09sVDB

David, I would be curious to know how many coins have been submitted to PCGS from NGC for crossover and have actually UPGRADED? I had one such piece go from NGC62 to PCGS63.

FC57Coins

<< <i>Just curious...David >>



It's good to know the principal is watching over his wayward students

Spooly

What are the numbers for "cross at the same grade" vs "cross at any grade"?