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Is this success rate on crossover from NGC typical?

badgerbadger Posts: 1,217 ✭✭✭
I took a chance on NGC coins as I am trying to fill gaps in my collection. I have had better luck in breaking out the coins. Overall, the experience with trying to cross over the coins has not been pleasant.

Attempt #1 - Very good - Both Crossed at grade via a slab submission
1939 25c Pr66
1953 25c Pr68 Cam

Attempt #2 - Very good - Broke coins out of slab and submitted
1952 10c Pr66 Cam ==> Pr67 Cam (UP!)
1952 25c Pr68 Cam == > Pr68 Cam (Same)
1957 5c Pr 67 Cam ==> Pr66 Cam (Down)
1950 10c Pr67 Cam ==> Pr64 Cam (Down Three grades! What was I thinking?)

Ok - This seems easy. Submitted the following in the slabs

Attempt #3 - Lousy - DNC for all the following:
1951 5c Pr68 Cam
1951 5c Pr68 Cam
1952 5c Pr68 Cam
1953 10c Pr68 Cam
1954 10c Pr69 Cam
1957 5c Pr69 Cam
1964 25c Pr69 Ucam
1953 1c Pr68 Cam
1958 1c Pr68 UCam
1954 10c Pr68 Cam
1960 50c Pr68 UCam
1961 1c Pr69 UCam
1955 1c Pr68 UCam
1957 10c Pr69 UCam
1961 50c Pr68 UCam
1953 10c Pr68*Cam (Restricted cross to 69Cam) - Long shot, so not disappointed
1950 1c Pr66 UCam

Then two crossed:
1960 1c Pr67 Cam Small Date - Crossed
1960 1c Pr68 Cam Small Date - Crossed

Do you think I should have broken out of the slabs? Seemed like a risk at the time?

The acid test for me was - if I received the coins in a PCGS slab in a sight unseen bid, would I be happy with the purchase? If not, why submit expecting a cross at same grade. A few were borderline, but I was surprised by the number of misses.

Is this experience typical?

Dave
Collector of Modern Silver Proofs 1950-1964 -- PCGS Registry as Elite Cameo

Link to 1950 - 1964 Proof Registry Set
1938 - 1964 Proof Jeffersons w/ Varieties

Comments

  • DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭
    Personally, I've never understood the NEED to cross. However, if your coins were graded 8 or 9 years ago, then your example is not too extraordinary. For a number of years, NGC's standard for Cam/UCam were below standard. That has not been the case for the past 3 years. If your grading skills are strong, then it should not be hard to determine which coins should cross with a crack-out.


    image
  • DHeathDHeath Posts: 8,472 ✭✭✭
    Dave,

    The holdered coins cross at a 25% rate according to Mr.Hall. The unholdered coins I have submitted do far better. I'd imagine it would be possible to pick out 10 coins that would cross if cracked, or to pick out 10 coins that wouldn't cross if cracked. I would imagine one could do the same with PCGS holdered coins cracked and resubmitted. Last year, I went 5 of 6, and the only one that didn't cross at grade or upgrade was the only one I left in the NGC holder. Sorry to be vague, but I think what you pick will determine your rate of success. Good luck.
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • badgerbadger Posts: 1,217 ✭✭✭
    Personally, I've never understood the NEED to cross.

    DCAMFranklin => I am trying to complete a registry set and PCGS only accepts the PCGS slabs. Otherwise, the slab maker (PCGS or NGC) is of little difference to me.

    I agree with your comment on grading skills. I am going the PCGS grading seminar in Las Vegas to get better at determining grades.
    Collector of Modern Silver Proofs 1950-1964 -- PCGS Registry as Elite Cameo

    Link to 1950 - 1964 Proof Registry Set
    1938 - 1964 Proof Jeffersons w/ Varieties
  • RussRuss Posts: 48,514 ✭✭✭
    My last NGC attempt went up a grade and became a pop 1/0! Of course, that was on the third try after a DNC on try #1, and a bodybag on try #2. image

    Russ, NCNE
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    I have not submitted this year. Last year out of 8 submissions three failed to cross, 5 crossed at the same grade. I cracked the three out that didn't cross, one downgraded a grade, one upgraded a grade and one stayed the same. Maybe I have a more experienced eye then some others about which should cross. Those that bag on NGC coins not crossing are usually buying lower quality for the grade cheap and hoping to cross and make a killing. Then they justify their own lack of experience by ridiculous statements about how NGC grades a half to a full point higher. The fact of the matter is there in no one grading standard not even at PCGS or coins would never upgrade. It's purely subjective.


  • << <i>My last NGC attempt went up a grade and became a pop 1/0! Of course, that was on the third try after a DNC on try #1, and a bodybag on try #2. >>



    You didn't think they were going to give you a pop 1 coin for the price of a single submission, did you?
  • My last NGC attempt went up a grade and became a pop 1/0! Of course, that was on the third try after a DNC on try #1, and a bodybag on try #2.

    Nice to know PCGS is still as consistent as ever, to bad they did not have a tier where you could just pay your 3-5 grading fees at once and have it graded the first time instead of having to keep sending it in over and over.
  • DHeathDHeath Posts: 8,472 ✭✭✭
    Craig, I still submit some PQ stuff to NGC when I look for turn-around. I put this coin in an NGC holder last year. The first pic is the NGC holder. The second pic is the same coin crossed. It was crossed in the holder.

    image
    image
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • RussRuss Posts: 48,514 ✭✭✭
    What Don forgot to note is that coin is a POP 4/0! The most difficult cross of all at PCGS is a very low pop, very high value coin.

    Oh, and you still SUCK!

    Russ, NCNE
  • ElcontadorElcontador Posts: 7,522 ✭✭✭✭✭
    There have been many threads about this topic in the last several years. Lots of intelligent comments, but few real answers. Based on my very limited experience in this area, a nice for the grade NGC coin should cross. I did this with a 64 BN Classic Half Cent, a series where NGC material sheets for less than its PCGS counterpart.

    Due to the subjectivity inherent in coin grading, as well as the 'occasional' inconsistency, I make a point not to submit many coins.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    My crossover rate on just seated liberty coin in higher MS grades is below 10%! And I have no problems picking out nice NGC specimens and selling them for CDN bid and higher. PCGS just doesn't like the cross them. Maybe my problem is that I like nice original specimens with eye appeal and color. PCGS tends to like blast white and scuffy to original and clean....go figure!

    Crossover rates are worthless unless you walk to the beat of the PCGS "dipped" out drum.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • Why would you send in a coin in an NGC holder.You're telling PCGS NOT to go higher on the grade, maybe go the same and if in doubt say NO. If you aren't confident of at least the same gradethen don't try. Besides if you send it in 2 or 3 times, it will get there. I always crack out a coin before I send it in and my results have been all over. The best variations I got was sending PCGS coins back to them. almost 50% graded higher or lower. one by 3 grades (65 cracked back 62, then sent in and back 65.) I've cracked out 64s and had them come back in a BB.
    I got tired of wasting money on thier game and just buy and sell nice looking coins for my collection. The crackout game is not what it's "cracked up" to be.
  • MercMerc Posts: 1,646 ✭✭
    Wow, that is a super 1966 DCAM DHEATH. The mint with the SMS did not make many cams and even fewer dcams. The 1964 is easy in dcam compared to the 1965-1967 SMS coins. It is an excellent coin in any holder.
    Looking for a coin club in Maryland? Try:
    FrederickCoinClub

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