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Morgan cross over question- Taping over the grade
Kimchee
Posts: 301
I have some toned NGC and ANACS Morgans I'll be submitting in the TPGs' holder to PCGS for cross over. Is taping or putting a sticker over the grade so that the grade is hidden from the PCGS grader an accepted practice? And is it honored by the graders; do they grade it on sight alone first before removing the sticker? I know TPG bias would still have an influence and that none of them would receive a 2-grade bump being submitted already slabbed.
PS. I spent an hour reading through past "crossover" and "cross over" threads.
Sean
PS. I spent an hour reading through past "crossover" and "cross over" threads.
Sean
Sometimes I sits and thinks, and sometimes I just sits.
-Mark Twain
-Mark Twain
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I would love to see an answer from the house.
Russ, NCNE
<< <i>I have some toned NGC and ANACS Morgans I'll be submitting in the TPGs' holder to PCGS for cross over. Is taping or putting a sticker over the grade so that the grade is hidden from the PCGS grader an accepted practice? And is it honored by the graders; do they grade it on sight alone first before removing the sticker? I know TPG bias would still have an influence and that none of them would receive a 2-grade bump being submitted already slabbed.
PS. I spent an hour reading through past "crossover" and "cross over" threads.
Sean >>
I got it straight from the horses mouth. the graders are allowed to see the grade.
TC71
<< <i>
<< <i>I have some toned NGC and ANACS Morgans I'll be submitting in the TPGs' holder to PCGS for cross over. Is taping or putting a sticker over the grade so that the grade is hidden from the PCGS grader an accepted practice? And is it honored by the graders; do they grade it on sight alone first before removing the sticker? I know TPG bias would still have an influence and that none of them would receive a 2-grade bump being submitted already slabbed.
PS. I spent an hour reading through past "crossover" and "cross over" threads.
Sean >>
I got it straight from the horses mouth. the graders are allowed to see the grade.
TC71 >>
I guess I got pretty lucky then with an ANACS 65 morgan I crossed to NGC that came back a 66.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
good point
<< <i>If you think about it, isnt crossing a coin disturbingly similar to the CAC idea? You have a coin in slab A, and you send it into company B for what reason? To solidify the grade in the view of the marketplace. Scary! >>
Not really, I just like all of my coins in one holder. I recently bought a nice Classic Head Half Eagle in an NGC AU58 holder, it is borderlind 55/58 but has great eye appeal. I will be crossing it at any grade and not for a second opinion but to have it in the same holder as all of my other coins.
I know I have OCD.
<< <i>If you think about it, isnt crossing a coin disturbingly similar to the CAC idea? You have a coin in slab A, and you send it into company B for what reason? To solidify the grade in the view of the marketplace. Scary! >>
Not at all. Years ago there was quite a bit of low hanging fruit in third tier slabs that could be grabbed for a steal. But having a PQ coin in a PCI slab tended to detract from the coin itself. I just used PCI as an example, there were many others as well.
I can remember several very nice coins I picked up for well under bid on the Bay and it had to be because of the slab.
I used to crack out and submit a dozen or so every month. Sadly, those sorts of finds don't come along like they used to. Regardless of whether I kept the coin or sold it for(sometimes) a nice mark up, I much preferred to have such coins in PCGS holders. Sometimes I even got upgrades, though I usually planned on a point or two downward and bid accordingly. One particular '90 CC Morgan comes to mind. It was in a PCI holder as a 63, I paid 60 money for it. I cracked it and thought it looked dirty. A simple acetone bath shocked me by it's quick change. Off it went. Surprise! It came back to me as a beautiful 65PL in a nice new PCGS slab.
I don't think it's anything like CAC. I won't be sending any coins to CAC. I might buy one, but I don't need a sticker to tell me a coin is solid for the grade.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
<< <i>
<< <i>If you think about it, isnt crossing a coin disturbingly similar to the CAC idea? You have a coin in slab A, and you send it into company B for what reason? To solidify the grade in the view of the marketplace. Scary! >>
Not really, I just like all of my coins in one holder. I recently bought a nice Classic Head Half Eagle in an NGC AU58 holder, it is borderlind 55/58 but has great eye appeal. I will be crossing it at any grade and not for a second opinion but to have it in the same holder as all of my other coins.
I know I have OCD.
Ok, that may be true and correct in your case, but tell me when was the last time ANACS got a PCGS coin for crossover then? If personal preference in having uniform slabs holds water, then I would expect an equal number of coins to go from PCGS plastic to NGC plastic. However, im guessing the reality is that PCGS gets FAR more crossover candidates than NGC, ANACS, and ICG combined!