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My first (and probably last) crackout experience

I tried my luck on four coins that I thought had upgrade shots.

Before:
1910-D $10 MS62
1912 $10 MS62
1903-O $10 MS62
1904 $20 MS63

After:
1910-D $10 MS62
1912 $10 MS62
1903-O $10 MS61
1904 $20 MS63

OUCH OUCH OUCH

Comments

  • Only one downgraded, so I guess its not too bad.
  • And how much going into the PCGS coffers ??
  • coinbufcoinbuf Posts: 11,512 ✭✭✭✭✭
    Not the best results but with only one downgrade the loss is'nt that bad; what grades were you expecting?

    Chris
    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • I did not expect anything to downgrade.

    I was expecting AT LEAST one upgrade.

    I thought the 1904 $20 was a lock for an upgrade. And I thought one of the indian eagles would upgrade as well.

    BTW, this goes into NGC's coffers.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Only one downgraded >>



    And, no bodybags.

    Russ, NCNE
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    paying money for grading opinions. grades confirmed! image

    Liberty: Parent of Science & Industry

  • I take it this was PCGS to PCGS ? If so, I would think what happened to the 1903, otherwise, Congrats !!!!

    Freak
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Wow, one of the rare reports of consistency.

  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭
    This is an interesting illustration of a collector who tries this once and is surprised / disappointed by the outcome, whereas the 'professionals' would probably crack out their coins multiple times each (as many times as necessary), in order to get the upgrade.

  • Before:
    1910-D PCGS $10 MS62
    1912 NGC $10 MS62
    1903-O NGC $10 MS62
    1904 $20 NGC MS63

    After:
    1910-D NGC $10 MS62
    1912 NGC $10 MS62
    1903-O NGC $10 MS61
    1904 $20 NGC MS62

    Lost $130 in fees plus a few hundred in mkt value.

    Now I guess I have to resubmit the 03-o. :-/
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭


    << <i>I tried my luck on four coins that I thought had upgrade shots.

    Before:
    1910-D $10 MS62
    1912 $10 MS62
    1903-O $10 MS62
    1904 $20 MS63

    After:
    1910-D $10 MS62
    1912 $10 MS62
    1903-O $10 MS61
    1904 $20 MS63

    OUCH OUCH OUCH >>



    If I can take it upon myself to speak for PCGS----"THANK YOU very very much---Got any more"image
    Some coins are just plain "Interesting"
  • AZLARRYAZLARRY Posts: 1,189 ✭✭
    I’m very hesitant about cracking out coins in the MS60-62 grade range. The possibility of downgrading to an AU could be costly.
    image
  • FatManFatMan Posts: 8,977


    << <i>Wow, one of the rare reports of consistency. >>

    My thoughts exactly.

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