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question about an pcgs ogh holder 2.5
speedemon
Posts: 207 ✭✭
i was checking out the different generations of oghs & ive got a1925 ms64 ogh 2.5 generatiion holder which also happens to be a vam 5 missing rays.it looks as good as any ms65 i have and was wondering if it would be smart to leave it alone or send it in fot attribution & upgrade. from what i read the holder its in now is fairly rare.thxs. for any imput.
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Here's mine (image not so great....though it's the same one from oreville's thread of just over a year ago):
With the scarcity of these slabs, it's a coin toss, but as oreville did point out to me, and I quote him "....they are not "sexy" like the PCGS doily or Regency holders in the PCGS family of holders."
<< <i>the cheek& fields are very clean. really dont know but i think they might grade in the holder & if it wont upgrade i think they might return it entact.right?i really dont know seeing ive never submitted to pcgs before. >>
i believe with 99% certainty that if you are seeking an upgrade, pcgs will crack the coin out of its holder before regrdaing.
<< <i>I'm not the last word, but it's to my understanding that if it DOESN'T upgrade, it will stay in the original slab (but I could be wrong.....can any member verify what I believe to be the rule?). >>
the rule is
Use the “Regrade” service for coins previously graded by PCGS that you feel might be worthy of a higher grade. Submit the coins in the holder. Coins are cracked out and graded raw. We guarantee that the coins will not be downgraded
The 2.5 goes nice with my 3.5 Buffalo nick (which has a purported survival rate of under 50, according to oreville).
<< <i> If that really is the policy they are not objectively grading the coins... >>
Don't agree, if this is true:
<< <i>Coins are cracked out and graded raw. >>
I interpret that to mean that the graders do not get to see the label. They might assign a higher grade, if the original grade was too low (presumably in error). However, if graded lower by them, it will be reholdered with the original grade, so that the submitter is not penalized. Unless one takes the position that resubmissions are to be forbidden, this policy at least makes sense, IMHO.
my early American coins & currency: -- http://yankeedoodlecoins.com/
<< <i>"We guarantee that the coins will not be downgraded " Huh? So regrades only get upgraded or stay the same? Sounds like gradeflation to me. If that really is the policy they are not objectively grading the coins since they are factoring in the current grade on the coin. No good. >>
It is a choice on your part. If the coin would grade lower you have the option of taking it back at the lower grade plus any financial difference that might be in order. Or I believe that they will return it at the original grade if you so desire. So in effect it will not be downgraded without your consent.
Would PCGS really send a coin back to a submitter at a certain grade (say MS64) when they believe it to be a grade lower (say MS63)??? I can't see them wanting a knowingly undergraded coin to be in their plastic floating around. Or am I somehow misunderstanding the statement?
<< <i>It is a choice on your part. If the coin would grade lower you have the option of taking it back at the lower grade plus any financial difference that might be in order.Or I believe that they will return it at the original grade if you so desire. So in effect it will not be downgraded without your consent.
Would PCGS really send a coin back to a submitter at a certain grade (say MS64) when they believe it to be a grade lower (say MS63)??? I can't see them wanting a knowingly undergraded coin to be in their plastic floating around. Or am I somehow misunderstanding the statement? >>
They sent it out that way the first time didn't they? If on re-examination they believe it to be overgraded, they give you the option of accepting it back at a lower grade plus cash compensation for any difference. You also have the option to have it returned as sent, the net effect being a reholder service.
<< <i>In PM's with oreville, who seems to be the expert on these boards, he believes that there could be under 100 surviving examples of the 2.5, though, perhaps, oreville can chime in here. Do you have an image? >>
I thought the 100 estimate was pretty low, thinking I had 5 or 6. I looked and I have 6 2's and one 2.5. The 2.5 is a nice DMPL. These are my favorite holders, no idea why.
<< <i>As I stated before this is gradeflation. If PCGS knowingly allows a coin to remain in its holder when the grade should be lower that is no good. We are just playing around with numbers and labels then. If you send 100 MS-64's in for regrade and 10 are regraded 65 and 10 regraded 63 but only the 65's get put in a new slab you now have increased the overall average grade even though you still have the same 100 coins. >>
My error sort of. We are talking about 2 different services. Regrade to which you refer, offers two options. It either upgrades or it stays the same. There is no provision for grade reduction. I expect that the coin is not cracked out until it is upgraded. If the coin is overgraded, I expect that it is returned without comment.
Grade guarantee to which I am referring, has the coin being cracked out and run through the grading process again.
<< <i>
<< <i>As I stated before this is gradeflation. If PCGS knowingly allows a coin to remain in its holder when the grade should be lower that is no good. We are just playing around with numbers and labels then. If you send 100 MS-64's in for regrade and 10 are regraded 65 and 10 regraded 63 but only the 65's get put in a new slab you now have increased the overall average grade even though you still have the same 100 coins. >>
My error sort of. We are talking about 2 different services. Regrade to which you refer, offers two options. It either upgrades or it stays the same. There is no provision for grade reduction. I expect that the coin is not cracked out until it is upgraded. If the coin is overgraded, I expect that it is returned without comment.
Grade guarantee to which I am referring, has the coin being cracked out and run through the grading process again. >>
It is actually the other way around. grade guarantee has the coin regraded in the holder, and the "regrade/upgrade" has the coin cracked out and graded raw.
<< <i>
<< <i>
<< <i>As I stated before this is gradeflation. If PCGS knowingly allows a coin to remain in its holder when the grade should be lower that is no good. We are just playing around with numbers and labels then. If you send 100 MS-64's in for regrade and 10 are regraded 65 and 10 regraded 63 but only the 65's get put in a new slab you now have increased the overall average grade even though you still have the same 100 coins. >>
My error sort of. We are talking about 2 different services. Regrade to which you refer, offers two options. It either upgrades or it stays the same. There is no provision for grade reduction. I expect that the coin is not cracked out until it is upgraded. If the coin is overgraded, I expect that it is returned without comment.
Grade guarantee to which I am referring, has the coin being cracked out and run through the grading process again. >>
It is actually the other way around. grade guarantee has the coin regraded in the holder, and the "regrade/upgrade" has the coin cracked out and graded raw. >>
Thanks for clarifying that. If twas me and the holder added a premium either real or imagined, I'd be very leery of cracking the coin out.
In regard to the possible survival rates, oreville estimates 100 or fewer of the 2.5's, and under 50 of the 3.5's.