What to collectors/dealers do with varieties that are not recognized by PCGS?

DMWJR

1. Submit it to PCGS so you will already have it in the holder at the correct grade before they start recognizing it.

2. Send it to NGC and have it attributed on the holder, and later try to cross it if PCGS begins to attribute them.

3. Submit it to PCGG's error service and have it designated on the holder. (do they guarantee the variety with this one?)

4. Send it to ANACS for attribution and holdering, and later try to cross it if PCGS begins to attribute them.

I've been thinking about having some of my FS varities slabbed even though PCGS doesn't officially attribute them on the holder. I just wondered what others do in this situation.

Since I'm certain of the attribution, I'm leaning toward getting it in the PCGS holder to lock in the grade, in case they become a little more strick with their grading when the begin attributing it. There may not be any merit to this theory. What do you think?

seanq

I sent in a couple of FS-numbered varieties on a Mint Error submission last year using my CC free submission. They caught on to that trick and won't let you use the freebies for the error service any more. Now I'm planning to send the ones with coin numbers to PCGS and the rest worth slabbing to ANACS.


Sean Reynolds

Barry

You might want to ask HRH if things will change now that Mike Faraone jumped ship from ANACS to PCGS. He's the variety expert.

DennisH

For the last two years+ I've been getting mine into PCGS holders and making sure my inventory database has the correct identification noted.

DMWJR

<< <i>For the last two years+ I've been getting mine into PCGS holders and making sure my inventory database has the correct identification noted. >>



That's what I was thinking of doing.

I didn't know Mike F. had gone to PCGS!!! I must not have been copied on the memo! He's a nice guy. I met him a couple of years ago at a show.


SEANQ: Are you sending them to ANACS for attribution confirmation? Nowdays with all the books out there and the pics on the internet, most varieties are easy to attribute (except in the deep depths of some series like VAMS). This makes me feel like I should get the coin locked in for the grade at PCGS and then I can have it reholdered with the attribution later. If I send it to ANACS and leave it in their holder, then I have to fool with crossing it. Most of these varieties are on common date coins where they are not going to draw real strict attention from the graders.

seanq

I'm thinking of using ANACS for stuff where I believe the more important thing to a prospective buyer is that the attribution is correct, as opposed to whether the coin is a 63 or a 64. For example, I have the three 1945-P nickel doubled die reverses listed in the CPG in UNC; the Die #1 is going to PCGS and the other two will go to ANACS.

Frankly, if I were keeping these coins they'd stay raw, but I feel that they need to be in someone's holder if I want to get strong bids for them on eBay.


Sean Reynolds

pharmer

I have sent them to PCGS for the reason you state in #1. Also, I have found that while ANACS will give a 67 to coins that will get 66 at best at pcgs, on varieties they are very tough on grades. I have many more pcgs 67's that are unattributed varieties than ANACS 67's. I broke out a ms64 ANACS 1951d/s wheat and got an ms66 from PCGS, unattributed of course.
I have seen pcgs slabs with unattributed varieties on ebay, and as long as the seller has good pics of the variety, they do well price wise. I don't see a down side to pcgs in this regard. I think you are right, and that they will eventually label them correctly, and the idea of having them in a pcgs graded slab already is a good one IMO.

WaterSport

ANACS!

WS

pharmer

I also feel that varieties will really take off when pcgs gets its act together and labels with attribution. Both interest and prices may increase at that point. ANACS being the only one to attribute has held the variety segment back, IMO. I look for the prices for true rarities, like varieties with fewer than 10 known, to increase when pcgs joins the game.

perfectstrike

Send them to PCGS as errors. I've been doing this for a while. I saw Roger do a good run of 1972 doubled die varieties as a test. They even caught one of my recent recent regular submissions and did the error authentication. I figured that I can get a faster turn around once they assign numbers to the varieties since these won't have to go back to the graders.

David

RBinTex

3,4,2,1 (in that order - usually)

Cameonut

There is another option - Do Nothing!

I have been actively buying the proof FS varieties for years. Doesn't matter to me whether they are in holders or raw. Someday PCGS will get its act together and designate all of the FS varieties - then I will begin to put them in PCGS holders, but only if it makes sense.

For example, I have a 1960 small over large date cent in an NGC 68 holder - if I were to try to cross it, I would want a PCGS 68. If I didn't get a 68, I am better off leaving it in the NGC holder.

RobJoyce1921dVAMguy

I've put them in NGC, ANACS and SEGS holders. Would love to send them to PCGS but I'm going to have the attribution on the slab for me to give them the extra business. Years of practical experience buying and selling has taught me that resale for VAMs is several percent higher on ebay when the attribution is labled vs unlabled.

Rob

DMWJR

Good advice all over the place. You guys haven't made it any easier!

Well, I guess I just leave them raw for the time being although if I had to choose, it would be #1 first. These coins are not for sale, or I would turn to a service which puts the designation on the holder. Maybe I will try #3 first as several suggested.

I also agree with the statement about ANACS grading some varieties harder. I think they are just minimizing their business exposure. Can't argue with that. PCGS does it all of the time

ElectricEye

5. Send it to PCGS and fuhgeddaboutit