Old Holders

Hi,
Hope all had a nice Thanksgiving. I took a two year sabbatical from coins, but I'm back and having fun again.
I have a few questions about the PCGS OGH's. I mostly collect Morgans. Anyone have any idea what percentage
of them will move up? I have a lot of 63's and 64's which look undergraded to me. Am I better off cracking them
out or sending them in the original slab? I also live very close to Newport Beach. Can I drop them off instead
of shipping them?
Thanks
Bruce
Hope all had a nice Thanksgiving. I took a two year sabbatical from coins, but I'm back and having fun again.
I have a few questions about the PCGS OGH's. I mostly collect Morgans. Anyone have any idea what percentage
of them will move up? I have a lot of 63's and 64's which look undergraded to me. Am I better off cracking them
out or sending them in the original slab? I also live very close to Newport Beach. Can I drop them off instead
of shipping them?
Thanks
Bruce
0
Comments
That being said I'm sure there are some great coins out there still to be found in OGH's, just not nearly as many as their used to be.
Bottom line is your grading opinion. If you think they deserve an upgrade then go for it.
As far as cracking or leaving in the plastic to submit, I have no idea. Same about the drop off thing, no clue.
roadrunner
The name is LEE!
jim
BUT don't waste your time and money on dates like 1881-S that are very common in high grade and on dates that have a big bump in price if they get the next grade UNLESS it looks like a slam dunk. The grading services often seem to gloss over common dates, and not spend the time to grade them well. Therefore they can be a crap shoot, and even if you get the higher grade, the rewards are not that grade given the risk. (e.g. an MS-64 is worth $45, and MS-65 is worth $125.) As for "big bump in price coins" the services are aware of those price changes too, and often get conservative when it comes to those dates. Therefore will see some darn nice looking MS-63s for the dates when the price jumps from $200 in MS-63 to $1,100 in MS-64.
The best chance for upgrades, I think, is in CC dollars. I've seen some really disappointing coins in MS-64 and 65 holders. BUT remember that the smart buyers see that too, so don't expect to get all the money for an overgraded certified coin.
No, each coin has to be individually reviewed.
I have a lot of 63's and 64's which look undergraded to me. Am I better off cracking them
out or sending them in the original slab?
Most people have had better luck cracking them out.
I also live very close to Newport Beach. Can I drop them off instead
of shipping them?
I believe they have certain days (Thursdays perhaps) when you can drop them off in person. (Try calling Tele: (800) 447-8848 or (949) 833-0600)