Is a crossover submission a good idea?

joecool

I have a few really nice coins graded by NTC and NGC that I would like to have placed in a PCGS holder. I have heard that it's better to break them out of the holders and submit them to PCGS as raw coins. The reason was that PCGS would probably downgrade them if I sent them in the holders since their competitors certified them. Please tell me what you think? Break them out and send them raw or do a crossover submission?

kamehameha00

PCGS do and should only look at the coin and not who holdered them.I would be careful to see if any of the coins in the NTC slabs were counterfeits or cleaned or anything like that.They overgrade alot.

DCAMFranklin

Success is much more likely if you will crack the coins out of their current holders and send the coins in raw. Good luck!

fcloud

From my experience you have a better chance with a crackout.

I sent a 1923-S Mercury Dime--MS61 NGC for a minimum grade of MS60. They sent it back DNC (did not cross).

I broke it out and sent it back and the dime graded MS63.

Good luck what ever you decide.

Placid

The reason was that PCGS would probably downgrade them if I sent them in the holders since their competitors certified them.

I have had several crossover coins get a higher grade at pcgs.
I have also had several downgrades but the majority crossed at the same grade.

If the coins are worth alot at their current grade and you would not be happy with a lower grade then cross them because once you crack them then even the co. that originally graded them might not give them the same grade again.

If you don't care about the grade then you might want to crack them. If I had 7 raw coins to send and 2 in holders I would crack them and send them with the other raw ones to cut down on costs.
If I only had ones in holders I would cross them at any grade as you always risk possible damage to a coin when you crack it even if its a small chance.

foodude

It is easier to grade a raw coin v. a slabbed coin, so in some cases (e.g., close calls, or something a bit obscured by the holder), you'd be better off cracking it out.

However, if you don't know how to crack the coin out, you could damage it trying. Can someone link a thread that described how to crack a coin out.

Sometimes I crack them out, and sometimes I send them in slabbed.

BAJJERFAN

Since it seems that your goal is to just get them into PCGS holders then I would go the crossover route. If you or a trusted friend feel that the coin has a legit shot at an upgrade, crack it and send it separately. At the very worst you coins will come back the same way that you sent them and you will be out just the grading fee. Make sure that they are worth the $30 plus postage per coin if they do cross. Be advised that many collectors here wouldn't touch a NTC graded coin with a 10 foot pole. The best way to get a coin into a PCGS holder is to buy it already in there.

badger

I have cracked out five cameo proofs from 1950-1957 range that were in NGC. Most were graded the same with one up and one down. All retained the cameo status.

I have a pant load of NGC slabs in for crossover. Will see how it goes. I hated to break these out as they are fairly high level and wouldn't want to mess with resubmitting to NGC.

merz2

No one has mentioned the additional cost for crossover so I will.It costs $30 for crossover.

Placid

<< <i>No one has mentioned the additional cost for crossover so I will.It costs $30 for crossover. >>



Its costs whatever the service level is. You can crossover economy if you have 5 or more to cross.

eisq222

NO!I think it is better to crackout ,then a
crossover submission .

RGL

NTC (PCI, ICG, ACG, etc.) is an automatic crackout ... NGC, you must be more selective and be convinced you know the true grade is better than that on the slab before you crack, IMHO

coinkat

Not really...sorry but there is still a subjective component that seems beyond explanation. I think fcloud's 1923-s is just one example.

BAJJERFAN

David Hall has said in the past that he/PCGS would like to see all the nice coins in PCGS holders so its hard to fathom that the graders would be automatically biased against anything other than PCGS holdered coins.

My great Uncle Al Coholic used to say that a man's choice/s wasn't nearly as important as his reason/s for making that choice. You have gotten a smattering of opinions here on the board, but I would also seek opinions from someone knowledgeable who has actually seen your coins. Just yesterday I sent a few in opting for the crossover choice mainly because I don't think that there is a lot of chance for upgrade (a few are AU53's at a grand apiece so 55's may not be worth the risk) and I really don't want the hassle of trying to get them back into NGC holders if they come back bodybagged or downgraded. OTOH I think they will do quite well in the PCGS holder should I decide to sell.

Coconut

I say break them out......

ealandg

I just sent in 2 PCIs and a SEGS "as is". I am curious as to what PCGS will do with them. I'll post my grades when I get 'em. It is a regular submission.

Coconut