Does PCGS cross MS70s?
stckplunge
Posts: 469 ✭✭
I heard that PCGS will NOT cross An NGC MS70 to a PCGS MS70 under any circumstances - is this true. The reason I ask is because I have several NGC PF70/MS70 ASE anniversary sets that I was thinking about crossing given the rediculously large discrepancy in apparent resale value. None of my coins exhibit any of the milk spotting that seems to be the big issue and all seem to have a shot at MS70 from PCGS.
Jeff
Jeff
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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
TC71
Box of 20
edited to add: Are you just talking about ASEs or all coins?
US and British coin collector, and creator of The Ultimate Chuck E. Cheese's and Showbiz Pizza Place Token & Ticket Guide
I know they won't do a stated crossover to 70. Does that apply to a cross-at-any-grade where they crack the coin out to examine it regardless?
<< <i>But what if the coin is truly an MS70? Would they really mark it down a grade just on company policy? That does not seem right. That seems like MS70 is not a real grade then.
edited to add: Are you just talking about ASEs or all coins? >>
Break it out and send it in!!!!! Be a man!!
Oh yeah, let us know how you make out.
<< <i>MS/PR 70 coins must have a minimum grade of 69 or lower. >>
The information can be found easily enough on the PCGS site under Fee Schedule for PCGS Services.
Therefore, you either have to crack the coin out yourself and submit it as a raw coin in the hope that it grades PF70 or MS70 or, alternatively, you submit the coin in the holder and allow PCGS to slab the coin as PF69 or MS69 if, after inspecting the coin through the holder, PCGS believes the coin would go PF69 or MS69. Additionally, it may come back in a PCGS PF70 or MS70 holder, but you have no downside protection against the minimal grade.
In honor of the memory of Cpl. Michael E. Thompson
<< <i>I believe I've heard they won't cross ANY coin as a 70 because they can't commit to a crossover grade (and crackout) without being able to examine the coin's edge. They don't want think a coin looks like a 70, crack it out and prepare it for crossover, only to find that there's something on the edge or rim that precludes the 70 grade.
I know they won't do a stated crossover to 70. Does that apply to a cross-at-any-grade where they crack the coin out to examine it regardless? >>
That makes sense. I didn't think about the issue of not being able to view the coin outside of the holder.
US and British coin collector, and creator of The Ultimate Chuck E. Cheese's and Showbiz Pizza Place Token & Ticket Guide
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
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
<< <i>The irony in this is that PCGS can't tell the difference between a 69 and 70 without seeing the coin outside the holder, yet the 70 grade is only worth something inside the holder where, following logically from PCGS's policy, the coin's buyer will never be able to experience the coin's full 70-ness. >>
how true.......how true!
Break it out and send it in!!!!! Be a man!!
yeah , just for giggles
Jeff
<< <i>But what if the coin is truly an MS70? Would they really mark it down a grade just on company policy? That does not seem right. That seems like MS70 is not a real grade then.
edited to add: Are you just talking about ASEs or all coins? >>
A bird in the hand is better than two in the bush... either crack them out and take your chances or leave them the way they are. Those are your only two options other than sending them to me.
Steve
In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.