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Why submit crossovers instead of crackouts?

MrEurekaMrEureka Posts: 24,331 ✭✭✭✭✭
I see so many people complaining about PCGS' alleged bias against NGC crossovers. If that's the case, why not crack the coins from the NGC holder before sending to PCGS? If you're worried about the coin not making it at PCGS and then not going back into the NGC holder, well, how can you honestly expect PCGS to cross it?
Andy Lustig

Doggedly collecting coins of the Central American Republic.

Visit the Society of US Pattern Collectors at USPatterns.com.

Comments

  • I agree. If the coin is so choice that it deserves the higher grade no matter what the holder, than it should be cracked.

    Cameron Kiefer
  • BigD5BigD5 Posts: 3,433
    It doesn't help when Mr. Hall makes comments that suggest that properly graded coins will not cross unless they are premium quality examples. I was and still am flabbergasted when I read those comments. Straight from the horse (no insult intended), himself.
    I don't remember the exact thread where the quotes were made, but they were made.
    I was always under the impression that if a coin is a 65, it should slab as a 65. I didn't realize that a properly graded 65 in a competitors holder had to be "pq", or similarly adjectived, to cross into an almighty pcgs holder. That's horsefeathers.


    BigD5
    LSCC#1864

    Ebay Stuff
  • goose3goose3 Posts: 11,471 ✭✭✭
    Amen Darrin! I recall the same comments! They were an open admission that a coin will NOT cross unless it truly IS PQ for the grade.
    ah yes......the holy graile of plastic.

    yet another reason why I refuse to play the game. I'll keep my coins right where they are and worry about something meaningful rather than worry about whose plastic is around it.
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    The correlation is both services have their niche to support, and grading styles to stick to, not standards. Both services are inconsistant.
    You can't crack out an ngc piece to cross because you can't risk losing the ngc grade, if it doesn't cross to pcgs. It's a hedge.
    Confidence, or lack thereof, in both services is obviously near equal.
  • nwcsnwcs Posts: 13,386 ✭✭✭
    Some of us don't have the proper equipment to do crackouts without damaging the coin. But I've only done 5 crossovers ever. And all crossed to PCGS. I'm going to cross a couple to NGC in a couple weeks.
  • tjkilliantjkillian Posts: 5,578 ✭✭✭
    Many crossovers are NOT to get a higher grade, but to get it in the other slab. I like a nice, uniform set in the same holders. I really don't care what color the insert is but being in a PCGS slab make the collecting nicer and easier. It also does wonders for the registry set. Crossovers are not just about money.

    Tom
    Tom

  • FrattLawFrattLaw Posts: 3,290 ✭✭
    I have to agree with Tom, I just crossed several PCGS coins to NGC holders for the same reason, uniformity. I sent them in as cross at any grade. NGC is starting to get more of the PQ coins from PCGS holders.

    1 coin I submitted was an absolutely beautiful toned Peace $, that I showed to several dealers @ Long Beach, all indicated it was one of the best they had ever seen. Its a PCGS MS65 now, I'm curious what NGC will grade it. Sure if it gets a MS66, I'll be thrilled, but a MS64 in no diminishes the coin.

    Michael

  • zennyzenny Posts: 1,547 ✭✭
    For me a high grade coin, one that is worth more than several hundreds of dollars, doesn't need to be exposed to even a chance of possible damage while being liberated from the slab, repackaged, transported, regraded (without gloves, apparently) and then possibly even BB'd, which would require the entire process to be repeated once again. If I've got serious money in a coin, I obviously felt it was worth what I paid for it. I have NO PROBLEM with it in whatever slab it resides, and for whatever reason, if it's worth a shot at getting into another slab I'll try it, but not at the risk of any damage to the coin. (At least, not damage that I would be solely responsible for.)

    z
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    I have never used the Crossover Service.
    It was always easier to crack the other slab and throw the coin in with my raw submissions instead of going to the extra time & expense of making a seperate submission up.
    I've got a nice CC DMPL in a NGC holder that I would like to have in a PCGS holder, it cost quite a bit and I'm not about to crack it out and send it in raw. Why not? Because in my heart I know it might not keep the same grade or designation. It's really not THAT nice of a coin.
    Change that we can believe in is that change which is 90% silver.
  • I think there is a bias at PCGS against other third party graders. If, as Mr. Hall said, the coin has to be PQ to cross at the same grade then PCGS is playing a game with us. We must either accept a crossover at any grade or after we get the coins back, then we have to crack them out and re-submit! This is more money for PCGS, also it gives the preception that PCGS is the most conservative grading service. Personally I have seen as much junk in PCGS holders as NGC, ANACS, or even some of the so called second tier grading services...
    Banned for Life from The Evil Empire™!
    Looking for Nationals, Large VF to AU type, 1928 Gold, and WWII Emergency notes. Also a few nice Buffalo Nickels and Morgan Dollars.
    Monty...


  • << <i>Cameron, do you crack all those NGC coins you submit? >>



    I have cracked one NGC coin for my type set. NGC VF-30 came back a PCGS VF-20. The other two coins I crossed at any grade and they came back the same grade. None of these coins were choice. I don't buy many NGC coins as you probably already guessed, but submit more raw coins to PCGS.

    Cameron Kiefer

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