(Re) Grades are in and I went 2 for 16 on my Lincolns!! How successful have the other Lincoln collec

marcalan84

I didn't expect upgrades on all of them..........but did figure I would get at least 4 or 5 (based on my past experience). It is surprising that it is impossible to get them to upgrade any PQ later date 1945 to 1958 (mostly P mints) PQ+++++ coins...but the early dates they seem much more fair on.

I received upgrades on the following two coins.

1909 S/S PCGS MS64RD to MS65RD
1912 PCGS MS65RD to MS66RD

I don't know if I should be happy or sad...as I figured at least one of the eight later dates would receive an upgrade....but since they are all low pops...I should have known better.

Also, sent in 2 of my 1942 Proof coins (5 cent Type 1 and 25 cent)...and neither of them upgraded.

Edited to add: As the title suggests....they were all Re-Grades and were sent in to PCGS in their original PCGS Holders.

dbldie55

Were these re-grades or crackouts?

clackamas

Marc,

What were the later date coins you sent in?

You may want to send them in for presidential review to get an explanation on why they would not upgrade. I know carbon, even in minute ammounts is a big negative today. Much more so than it was even a few years ago. PCGS has been forking out so much (according to DH) on lincoln grade guarantees that they are making sure no high grade coins go out with any carbon.

Litterally today I sent in a 41-P, 2X54-S, 48-P, 45-P, 58-P, and a radical 57-D for regrade (still in holder). All are PQ 66RD's from my collection. I almost sent in my 1919 but decided that I would do this later. I would expect to get all or none on this one. The 57-D probably has the best chance, along with the 54-S's and 48-P.

Cheers,

brian

marcalan84

Brian- The later dates were mostly P mints. They were all in MS66RD holders...but are as nice or nicer than most all of my MS67RD's. Some of the dates were, 45P, 47P, 48P, 49P, 51-S, 54P, 54-D. The 47, 49, 51-S, and 54P are fantastic coins. The 51-S I sent in...is much nicer than the 51-S I have in a MS67RD holder. Same situation on the 45P. The 49P and 54P have been tried before by Andy (and rightly so). I had to try again....because they are soooo nice.....and the upside is so high (they are two of the nicest MS66RD coins that I own).

The 13-D I sent in was the coin I gave the highest percentage chance of upgrading (from MS64RD to MS65RD). The coin is really nice and is easily nicer than half of the 13-D coins I have seen in MS65RD holders. It is much nicer than the 09 S/S that went from 64 to 65. It is extremely clean....but the luster is just a little subdued...and this is the only thing that could have held it back.

marcalan84

Does everyone still believe your chances are better if you crackout the coin?? Or do you believe the grader doesn't know what the current grade of the coin is?

marcalan84

Craig- In real rough terms: You have to figure the coins went from being $400 to $600 coins/each in value to about $1200 for the 09 S/S and even more than that for the 1912. So if it cost me $600 to have the coins graded (18 x $30 + shipping costs both ways)...then I guess I made out ok. I just wouldn't have guessed that those 2 coins were the most likely but would have said 4 or 5 other coins had a better shot....and it is a little confusing when you feel like you have a good idea of how to grade the series and what PCGS looks for. I am not upset by any means....but just wish I could get a better handle on why certain coins aren't graded higher....while others do.

haletj

Congrats Marc! That 13-d is great! Who cares what your holder says on the later dates. If you know you have a nice 49 and 54 that's great! Your experiences and others PROVE pcgs grades each date differently, a 54-p is treated as a whole different coin from a 55-s. That is really wrong. I just got a few more late date 66's in the mail, terrible! One had a fairly large spot, the others each had a fairly large nick. I sent them right back. I think for late dates and memorials and other moderns I am going to try to buy sight seen or be EXTREMELY selective when buying online.

Coppernicus

Some thoughts:
1) the graders supposedly do not know the old grade on a crackout - thus it shouldn't matter if you crack them or PCGS does. I believe this to be true, despite my skeptical nature.
2) when you are talking about MS64 and above, I really believe that the margin of error is one point in either direction. How many 66s do you have that really should be 65s? How about 64s that look 65? Worse, 67s that are low-end 66s?
3) we Lincoln wheat afficionados know that PCGS has been very tough on the grades lately. I get a kick out of the ebay auctions that tout a first generation "rattler" holder or the OGH style. Candidate for upgrade? Maybe, but as tough as PCGS has been recently, I tend to doubt it.

Last, I'm sitting on a '49-P in an NGC MS66RD holder that I believe is a true 66. I haven't sent it to PCGS though, becuase I'll bet it comes back a 65. Drat!!

Mike

marcalan84

Mike- When sending in NGC 66RD holders for crossover (later dates 34-58)....I have had 100% cross even though the number I have sent in is 4-5 coins (small sample). But....when I sent in NGC coins graded MS67RD....I went 0 for 8 on crossover attempts. Makes a guy wonder...doesn't it?