crossovers- best procedure:

RaginsteveK

you're considering turning in a slabbed AU58, hoping for an MS designation (it's REALLY close).

Do you crack it open, and submit the coin raw?
or just send it in slabbed?
it's a semi-key date, so grade really matters.

soty27

Dont submit it now. They are being a little tuff right now. It depends on how many times you want to send it in really IMO. If you dont mind sending it in several times, might as well crack it. If you only want to try once or twice and dont want any sort of downgrade leave it in the holder.

mozin

I truly believe you have a better chance submitting raw. Personally, I am not a gambler, so I only submit crossovers.

Edited to say that I also have found PCGS very very difficult the past month. Better to wait a couple of months, and submit then.

TomB

Is this a crossover or a regrade? I ask because your title references crossover yet you are asking about an upgrade from the current holder grade. Of course, it could be a crossover where you are hoping for an upgrade. Also, what does "it's REALLY close" mean? Either the coin is MS or it isn't. The piece is already graded AU58, which to me means that the TPG believes "it's REALLY close", but it isn't. I believe your best strategy is to leave it in the holder so that you are simply out shipping and crossover fees regardless of if it crosses or upgrades. If you crack it out you also expose yourself to recertification fees if it comes back in a bag and you have lost liquidity.

Elcontador

What Tom B said. Would like to suggest that you have someone you trust who you think knows more about this series than you do look at it before sending it in.

It also depends on the coin series. Is this an honest AU 58? I ask, because many 19th Century AU 58s are now in MS 62 holders. To me, they are still AU coins, but others feel differently. I've only seen one 19th century type coin in an MS 62 holder that I believe was graded correctly.

RaginsteveK

of all the surprises that i've seen lately, many of which have more KNOWLEDGEABLE collectors scratching their heads: let's face it- there are still some judgement and grey areas here....

I'd take my chances with this one- on a risk/ reward basis {guide prices; AU58: $200; MS63/64 $1000-1700) ..

Unknown

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Amigo

If the slab doesn't fit ...... resubmit.

A couple wks ago I got a 1793 cent graded that I had to send in raw ......... because they BB'd it a year ago. There are zillions of coins that are borderline on everything ........ cleaning/grade/ATvsNT etc.
Personally, for a crossover I'd always keep it in a slab ...... for an upgrade, I'd always break it out .. that is unless it's a really top dollar coin that could just as easily be downgraded, of which there are plenty that have already met their highest possible slab grade ... with no where to go but down when resubmitted.
A 58 with large price difference to MS is worth submitting several times ........ afterall, you only have to get it by some over hurried, hung over, stressed out grader once.

Edited to say I should have used the term "generally" in place of "always"

Justacommeman

Crossovers (coins still slabbed) are the biggest waste of money in my opinion. Especially from NGC into PCGS because they just don't happen as fruequently as one would think. Yes, there are the exceptions but at the end of the day not the best way to spend time and money. You're chances are better on raws coins IF you want to gamble. If you are sending in PQ coins that you crack out you increase your odds expotenially. Crossovers are a favorite source of revenue for TGP and especially PCGS.....If you want to try a crossover on a high value coin I would seek the help of a knowledgeable dealer. Best of luck.............MJ

ArizonaJack

I have a bunch of NGC morgans (if they stick around ) that will be crossed over raw. Let it fly, they will sell quicker and at a more accurate price.

bushmaster8

Is TomB getting ever smarter or what?

slinc

I think if you expect an upgrade you have to crack it out, but you are also assuming the risk thats involved.

Broadstruck

I don't crack em, I just send em entombed for crossover.

RaginsteveK

I kept the topic general and hypothetical for several reasons:
the coins are SLQs; and I wanted the FH designation on one; and maybe an upgrade on the AU58 (I want to meet anyone who can both grade coins that might go either way- MS or AU, AND predict with a high degree of confidence what the graders will do)

a separate issue: I also have several nice commems which are screaming for a regrade; where I send them is strictly economics (I have some freebies coming from both major TPGs)