Crack-out/crossover results. PCGS vs. ICG & NTC

quattrocoins

Below are the results of submitting ICG and NTC graded coins to PCGS. I cut off the top of the slabs and sent the coins in still encased in the bottom part of the slab. Though I feel that PCGS was conservative, I agree with the grades that they assigned.

tgilliams

that's close to criminal, how many poor collectors are going to take some very big hits when selling ICG OR NTC coins-aweful. thanks for the great analysis.

Gonfunko

MS-69 to MS-64 OUCH!

ziggy29

<< <i>MS-69 to MS-64 OUCH! >>

And yet they'd still probably sell for more money today!

tjkillian

The heartening thing is that they all crossed and no bodybags. I might have submitted them raw to minimize the potential bias of a holder.

Thanks for sharing.

Tom

DennisH

Quattrocoins:

Thanks for sharing these results. VERY enlightening!!!

How closely did the PCGS grades reflect what you paid for the coins?

marcalan84

Amazing! I would assume a 2 point drop on the NTC coins...but 3 and 5 points?? Wow!! The pics of the 62-D and even 61-D sure make the coins look nicer than MS65 (ex-ICG coins).

GoYankees

I had my eye on a 1939-D NTC MS67 with the hopes that if I could get it relatively cheap and try to cross it at MS65. Now that it's going for over $11 with more than 3 days remaining, I'll pass. I could be wrong, but I've got a feeling that it will cross as MS64. Not worth it.

1939-D WLH

numonebuyer

OUCH, but I am not surprised.

airplanenut

I just got a cross from ICG to NGC, PF63BN to PF63BN on an IHC

quattrocoins

Tom:
I sent them in that way to, hopefully, reduce the chances of bb.s. I was also worried about bias, but they really do seem to be graded correctly. Although all are "PQ" for the grade, I won't be cracking them out for a re-submit.

Dennis:
I got the coins off of eBay for fairly low bids. Not counting the grading fee, the coins are probably worth about what I paid for them except the '47-P, for which I paid 65 money. A le$$on learned!

, airplanenut

ellewood

ellewood

EXACTLY WHY I COLLECT ONLY PCGS. CAN'T GO WRONG. I DON'T EVEN BOTHER CROSSING OVER...NOT WORTH THE RISK TO ME!!!!!!

DHeath

Don,

That's a killer looking 62-D. Tough coin, and that one looks danged nice.

CalGold

Quattro,

Here's an experiment. Dip the 47-P and if has good luster resubmit.

CG

Boom

Don
I KNOW you have a good eye. None of these coins, judging strictly by what we are able to discern from the pix, appears to have any hits or broken luster. IMHO, as far as I can tell, they appear to be under graded by at least one point. If you go to our Registry and leisurely look through the higher ranked sets that have photos, you'll find, for example, some 61-Ds, 62-Ds etc, in 66 and others that are all beat up. I suppose it all boils down to how any particular grader feels on any given day- afterall, they are human and under incredible stress and strain from a mountain of work that has them backed up considerably. Imagine, at the "6 second rate", how many coins these people grade in a day, every day! They sure earn their money and have my utmost respect.

While I feel for them and find that( again) from my own personal experience, for the most part they have been very fair with me, mistakes are bound to happen. While most of their grades have been dead on regarding my coins, in my studies of other coins, I have seen several "Head scratchers" that make you say Under the given circumstances, they do one helluva job. Maybe there are things that they saw that we cannot from a one dimensional, flat photo. All it takes is a rim nick to bump a coin down a grade or a break in luster. So long as you're satisfied that they are correct, that's all that matters.

The 47 sure looks a lot nicer than a 64.

lava

Very interesting. Thanks for sharing. The one that went from 69 to 64 is a quantum leap that is just beyond good faith. That does sound criminal. That will stick with me.

lava

Who is NTC anyway? Is that that Blue Moon bozo?

ziggy29

<< <i>Very interesting. Thanks for sharing. The one that went from 69 to 64 is a quantum leap that is just beyond good faith. That does sound criminal. That will stick with me. >>

Yet that one (the 1947) looks better than 64 to me. The only thing I can think of is that it might be a bit dull. Technically, though, the coin looks much better than 64.

LanLord

That was a great idea cutting off the tops of the slabs but leaving them entombed.

As far as being criminal in the over grading on the part of ICG and NTC, I would think not! That's why those companies and others of their ilk are considered lesser quality and priced accordingly.

The MS69 to 64 is a considerable drop, but I guess that goes to prove the old saying of buy the coin not the plastic.

braddick

Sometimes hugh grade drops don't hurt you, they help. One of my examples, I had an MS69 PCI 1971-S Ike that I paid $55. It crossed into a PCGS MS67 holder. A two point drop, but the 67 sold for a tad over $500.00. Back when 72-S Ikes in MS68 were worth closer to $200.00 (now you're lucky to see the north side of $75.00) a bunch of PCI MS69 coins could be found in the $20.00- $40.00 range of holders, crossing into PCGS easily at a point drop.

PCI is looked apon with so much distain and hatered that they are commonly overlooked and even with a big grade drop, bargains can be found when crossing them into NGC or PCGS (crossing into ANACS will NOT pay out...).