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A little confused about Crossover grading

BobKochisBobKochis Posts: 20
in Q & A Forum
Today I received the announcement letter from Ron Guth regarding the consolidation of services.

I was wondering if someone could expound upon the statement "MS/PR 70 coins must have a minimum grade of 69 or LOWER." Obviously I am a little confused about this statement.

Thank you, Bob
Newbie to the hobby! Please feel free to prevent me from getting 'turf toe'.

Comments

  • CoinKingCoinKing Posts: 410 ✭


    << <i>Today I received the announcement letter from Ron Guth regarding the consolidation of services.

    I was wondering if someone could expound upon the statement "MS/PR 70 coins must have a minimum grade of 69 or LOWER." Obviously I am a little confused about this statement.

    Thank you, Bob >>



    Hi Bob,

    Because it is impractical and sometimes impossible to see defects on a coin through a "slab", we cannot accept coins for crossover at the MS or PR-70 grade. You can imagine the liability if we were to crack a coin out of another company's 70 holder only to find a defect on the coin that prevented us from calling it a 70.

    Best wishes,
    Ron Guth
    President
    PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins
    www.CoinFacts.com
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