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Does (or did) PCGS place little round stickers on the slabs of coins that were submitted for but fai
IGWT
Posts: 4,975 ✭
I seem to recall reading somewhere long ago that PCGS marks coins that do not cross by placing a little round sticker (the size of a hole punch in a piece of paper) on the reverse of the submitted slab. Did PCGS do this? Does it still?
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-Paul
<< <i>I don't think they do, but I've heard if you see an NGC holder with most of the hologram missing, its likely from crossing/resubmission attempts. >>
Not true. Dealers put stickers on the back of slabs all the time showing codes indicating what they paid and other information. These stickers sometimes pull the hologram off the slab when the dealer's sticker is removed.
Worry is the interest you pay on a debt you may not owe.
to PCGS and it came back with a sticker covering the entire reverse of the slab.
There's several reasons on it for a coin not to cross and the Questionable Toning box
is checked. I'll try to scan it tonight and show it.
Jerry
The name is LEE!
"The coin(s) in question can be submitted (for a fee) via your dealer to NGC or PCGS using their Certified Pregrade or Crossover service. At NGC, the other service's slab is evaluated. Should NGC agree with the listed grade, the holder will be 'green-dotted' with a selfr-sticking removable coding label, indicating crossover acceptance. If NGC does not concur, a 'red-dot' coding label is applied. The dealer can indicate on the submission invoice whether to be called if "green-dotting" occurs for crossover into the NGC holder and how quickly he or she needs the coin(s) returned. If no instructions are given, the coin(s) is returned in its original holder."
A. Swiatek, "To Cross or Not to Cross, reprinted in S. Travers, How to Make Money in Coins Right Now at 294 (2d ed. 2001).
So, it is (or was) NGC, not PCGS, that used this procedure. But at least I'm not completely losing my mind.
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