are there many undergraded pcgs/ngc coins still in holders

michael

are there many older pcgs/ngc coins or even more newer holdered pcgs/ngc coins

that are like undergraded by a point or maybe two still out there? but lets say a point........

and if there are why have they not been resubmitted?

sincerely michael

nwcs

They probably wouldn't be resubmitted if it was me. especially if there is not a big price diff. Like i have some 1959D cents that could go from 65 to 66 and some 1964 JFKs that should be graded 65 and not 64. But it isn't worth $15 a coin for no real price difference.

Neil

kieferscoins

Good question and i think they will always be out there. Out there in my sense means in collectors hands who are working on a colelction of coins and will keep them for years. Many don't submit themselves or are just content with the coin withi the slab and really don't see a need to resubmit. As for the dealers, I would say no because there is money to be made usually if the coin upgrades and they submit often which leaves a small chance of undergrade coins in slabs.

Cameron Kiefer

Steve27

I believe there are quite a few modern proofs and some MS coins (e.g. commemoratives) which were submitted at the bulk rate, thus making them ineligible for PR/MS70 grading, but are in fact PR/MS 70. Since mere mortals such as ourselves cannot tell the difference between 69 and 70, these coins will never be resubmitted.

Coppernicus

I've got a couple of early Lincolns in the original (first generation) PCGS holders that IMHO are undergraded. In particular, my 1913-P, 1915-D and 1918-D are undergraded by a point (again, IMHO) and it would pay to resubmit these. However, I don't collect for resale so there's no hurry in resubmitting. In fact, it may be up to my heirs to do the resub's!!

I personally think there are a lot of early Lincolns that are undergraded while there are some later wheats that are overgraded (I have too many of these!!)

Coppernicus

LucyBop

YEAH!!!! There are many new ones, every mint state FRANKIE I have sent in the last 3 months!

paigowjohnny

HepKitty...why in heaven's name is your icon a Kennedy instead of a Frankie ?? I'm stumped

LucyBop

It's a protest statement till I can upload my very own specially made HepKitty icons.........


I figured this ugly ol icon would do the trick.

Clankeye

<< <i>or are just content with the coin withi the slab and really don't see a need to resubmit. >>



I have a couple coins like this. A Stone Mountain, I'm fairly sure would go from 64 to 65. A Lincoln that would do the same. There just isn't really any point to me. I'm keeping the coins. I'll like them just as much graded as is. I'm getting less and less wedded to what the grading companies say the stated grade of a coin is. It really helps for re-sale, yes, but for my keeper coins... it matters less. For the record if we were talking thousands per coin, it would matter to me more.

I just bought a 54-P and 54-S PCGS graded pair of Wash/ Carver commems today. I noticed they were seq#'ed, so I asked the seller "where is the 54-D?" He told me PCGS bagged it for PVC. He said he was stunned, sent it in at the same time, said it looked just like the other two coins (which look great in the scans). He asked me if I wanted it too, at a discount to the other graded coins. I said absolutely. I can't wait to see it.

Hmmmm, I don't know if that had anything to do with this thread. Maybe, it's just that I am a little more inclined these days not to take an assigned grade or opinion as gospel.

Clankeye

Dog97

>>>are there many older pcgs/ngc coins or even more newer holdered pcgs/ngc coins>>>
Yes, most of the ones I own. All older holders, some of them slabbed before toned coins were popular and the service was tough on them, undesignated Cameo Classic Proofs, and stuff left over from my crackout days. I don't get them regraded because I like to look at them and say WOW that's a PQ coin really nice for the grade! Of course if I decide to sell them and there's a big jump in $$ to the next grade back the slab house they go.

Morganluver

Yes, I think there are and new undergraded coins are being made every day as well as a few overgraded ones too.

vam44

There could be a goldmine out there,IMOP,of undergraded classic and near-modern material, if and when the top 2 slabbers begin to grade as they were a couple years ago.
Seems odd that I`m beginning to refer to `2 years ago` as "the good old days".

Trime

Michael,
Yes! and some overgraded also!
The undergrading usually gets sorted out with time but the overgrading...... they stay forever!.

Incidentally, if you would generalize from these threads, only 10% of all coins submitted by forum members are returned graded correctly (99% undergraded) while 65% of all coins for sale by others are overgraded garbage.

BigD5

I've always assumed that the crackouts of the potential undergraded "smaller" holder coins is done and over with. Then along comes a collector with a SUITCASE FULL, no kidding here, of smaller pcgs slabs from his collection, that he would like to disperse now. There you go. Now, not all of those coins wil upgrade, or will be worth spending the money on upgrading, but there has to be a good amount there. That's just one collection.

*Oh yes, I have been able to purchase a few of these coins

pontiacinf

i am willing ta bet, withut damage from cracking, i could turn all of Mitches monsta cams to pr70dcams easy

but only if i can get out unharmed

Placid

<< <i>>>>are there many older pcgs/ngc coins or even more newer holdered pcgs/ngc coins>>>
Yes, most of the ones I own. All older holders, some of them slabbed before toned coins were popular and the service was tough on them, undesignated Cameo Classic Proofs, and stuff left over from my crackout days. I don't get them regraded because I like to look at them and say WOW that's a PQ coin really nice for the grade! Of course if I decide to sell them and there's a big jump in $$ to the next grade back the slab house they go. >>



I think I saw one of them on bst board.
If I didn't already have that date I would have jumped on it.

Elcontador

Many of the proof 1880s Seated & Barber coinage would qualify as Cameo, though I don't know who would pay extra for them, because I think this is the rule rather than the exception.

As the grading standards have changed every so often (the current Bowers auctioin offers a gorgeous 1877 P Seated Quarter& in its listing, mentions that there are contact marks on the coin :frown, that nice 5 you bought five or ten years ago may go 6.

So in terms of market grading, if you want the grades on your coins to be current, you should resubmit them every few years. I'll pass, thank you.

roadrunner

In type coins I think we've only had one major change in the last 12 years. And IMO, for the safety of your family, resubmit those higher dollar coins so that your heirs don't have to take a 50% loss when they go to sell. Believe me, they won't get upgraded unless your kids collect and are top notch graders.

Out of the more valuable coins I have from the 1988-1993 era I only have one coin left to upgrade. I feel safer knowing that if something happens to me, the value is more clearly defined.

There are still lots of coins from the '87-'90 bull market that were put away and forgotten about by Johnnie-come-lately investors. Many more than we think. Many of them do not even know the coins can upgrade and be worth more as such.

roadrunner

Bulldog

I have a ton of first Gen PCGS Morgans, that I know will upgrade. I haven't sent them in, cause there is no point. The coins are not for sale. I enjoy the coins more than the plastic or the little ticket that tells me what someone else thinks it's grade is.

So why go to the expense, trouble, jeopady of loss, just to get another mans opinion, one more time!

Bulldog

Ronyahski

I have not submitted because it is not time to sell. Lots of candidates, like old proof type pre-cameo designation, the infamously undergraded Benson coins, 12 year old slabs, etc. Roadrunner made a good point, caused me to rethink, who is going to know they are upgrade candidates when I die? I'm going to put it in my will to have the whole collection submitted for upgrade upon my passing...no...wait...maybe I'll just be buried with them!

michael

wow all great responses!!!!!!!!!

now i like that coffins i have heard that many times before.....lol


but i like the happy coins even better!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! yes they are happy!! but not the end buyers though..............lol

sincerely michael

Gilbert

he!! Michael,

I believe I've found an "undergraded" coin in a (drumroll please), ACG holder. See my "surprise ..." thread.