Crossing back to NGC

badger · July 18, 2004 4:36AM

I took a chance and submitted 17 NGC coins for crossing to PCGS. For those that I allowed to cross at any grade, a one point decrease was typical. However, these two really took it in the shorts:

1953 1c Pr68 Cam => Pr65 Cam
1954 10c Pr68 Cam = Pr67

If I send these back to NGC with the original NGC grading (without cracking out of the PCGS holder), will NGC put back into the NGC holder? I know the coin is still the coin, but they are worth more in the higher grades even with NGC holder.

None of the Ultra Cams crossed, but I restricted the minimum grades.

numonebuyer · July 18, 2004 4:42AM

What grade did you assign to each? Who agrees with you (PCGS or NGC)?

JrGMan2004 · July 18, 2004 4:48AM

I don't think NGC will help you out... if you want it back in NGC plastic, you're just gonna have to throw more money into the coins...

elwood · July 18, 2004 4:51AM

I think you will have to crack them, give them back to NGC with the NGC inserts and pray.

Rampage · July 18, 2004 4:51AM

You spent $30.00 per coin to try to get them to cross. To me, you just wasted money. I never resubmit coins. I never cross. It is, as you state, the same coin.

I have been tempted to try to resubmit coins, but never have.

Just my opinions of course.

100proof1957 · July 18, 2004 4:52AM

do you suppose there was some bias involved because of the xover vs: raw ?

Proof

MacCoin · July 18, 2004 4:57AM

to me all this crossing is crazy.

badger · July 18, 2004 5:02AM

Rampage, At the time, almost every coin would have improved my registry (PCGS) set if they crossed. I really only submit for crossing to convert for registry. I do not submit any old NGC coin as I hate wasting money on a DNC.

Proof, I have had better luck with coins that I break out and submit. I just had too much $ in many of the coins to chance not crossing. Maybe I'm not buying these right??

JrGMan2004 · July 18, 2004 5:07AM

Maybe you've learned a lesson here... unless you're prepared to eat a loss, specify the lowest you can afford for the coin to go... *shrug* very simple, IMHO...

badger · July 18, 2004 5:12AM

Jrgman - You offer good guidance on stating a minimal level for the coin that would equate to a converted price level.

- I still can't judge the Roosies. I need to go to school.

- The best success that I have had is with PCI coins. I've tried buying early 50's proofs in PCI PR69DCAM, cracking out, and getting dropped several levels. However, the grade in PCGS can still be a relative top pop. Example: PCI 1951 5c Pr69DCAM => Pr67 Cam which was o.k.

paulheep · July 18, 2004 5:22AM

Elwood's suggestion is the best, especiaaly the pray part.

Paul

airplanenut · July 18, 2004 5:31AM

<< <i>Elwood's suggestion is the best, especiaaly the pray part. >>

But it's not going to happen... I can crack countless coins, take the nice tags and the ugly coins and say they went together--they won't get put together.

As far as the Registry, this is why I have a problem with it--did the coins change? No, even you admitted that. Either start an NGC registry, or collect the coins, not the tags.

Jeremy

elwood · July 18, 2004 5:37AM

<< <i>But it's not going to happen... I can crack countless coins, take the nice tags and the ugly coins and say they went together--they won't get put together. >>

It can and does happen. The coins have to be all there though. If they were overgraded to begin with, THEN you don't have a chance. The coins obviously have to match up with the inserts.

badger · July 18, 2004 5:40AM

Jeremy,

I get your point on mismatching the tags with spurilous coins. I would submit back to NCG with the PCGS paperwork and the coins in the holders to show the traceability.

I think your other point is a little harsh. I do collect the coin - whether raw or certified by any agency. PCGS does not have a lock on all the nice coins. PCGS does have a lock on what is submitted to their registry. (Please let's not go there about NGC in the PCGS registry. I agree with PCGS on the registry restriction).

You could ask why not just collect coins and not care about the registry. I believe that broadbased collecting involves the coins, photos, registry, networking, etc.

jdimmick · July 18, 2004 6:02AM

The grading services are going to grade those coins with the opinion they have when they view it, thier current grading standards. They will not be swayed by past inserts. If the coin has it, it will be re-holdered as it was, if it was an error or the TPG feels it no longer meets what they like to see in a specific grade, then it wont plain and simple.

Simply put, it will be treated as a raw coin coming in.

Crossing back to NGC

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