Why are you sending coins in to regrade with SecurePlus???

keets

Judging from the threads thus far about the subject, it doesn't make sense. Submitters are apparently satisfied with the coins as they are yet they are submitting them for a (+) under the new service. There are a few reasons I can think of and none of them make sense to me.

So why are you submitters sending them in??

Al H.

Placid

Only one for me is the quarterly freebie. I had a coin in a cracked holder so I sent it in.

If I had some super valuable coins I might want it if I feared they might be stolen.

Moldnut

Im with you on this one Keets. It doesnt make sense if your not going to sell.

MICHAELDIXON

Because I have more money than sense. And...that isn't much of either!

BigE

Registry set competition. Coins in sets get rewarded for technical merit----------BigE

notwilight

I'd guess that the most common reason is something like this: "If it's about coins, I'm in."

--Jerry

IGWT

Because collectors are InsecurePlus™.

Edited to add "™"

AnkurJ

Idaho

MidLifeCrisis

Because they can.

Edscoin

fcloud

I am sending in my 1919-S Mercury Dime MS66. I have thought for years this one belongs in a 67 holder. So hopefully it upgrades.

RYK

For the sport of it.

Because the Ipad is more expensive.

Just to annoy the anti-PCGS crowd.

Meltdown

Sorry if this is offtopic a bit... Is the secure plus only for re-grades?
Can I submit a raw coin for the quarterly special and still get a + ?

Thanks in advance.

lkeigwin

<< <i>Sorry if this is offtopic a bit... Is the secure plus only for re-grades?
Can I submit a raw coin for the quarterly special and still get a + ?

Thanks in advance. >>

Absolutely. Crossovers are the problem.
Lance.

RWB

1. Because I have more money than sense.

2. "If it's about coins, I'm in."

On #1…no comment, or should it be reversed?

On #2…why don’t these folks buy numismatic books – they are much more about coins than some inert piece of plastic.

roadrunner

I have a MS67 Morgan dollar I am considering sending in on SecurePlus+. It's a pop 62 coin as is, and pop 1 or 2 in MS68. The difference in price betw grades is probably about 5X or at least $5,000 up to $10,000. The coin is no less than a 67.5 or 67.6 so it might be a worthwhile candidate to go fishing for the 67.7 grade (ie +). Trying to get anything more than $100-$200 premium for such a coin w/o a "+" would probably be difficult. So to me this type of coin makes sense to shoot for a plus.

roadrunner

BAJJERFAN

<< <i>Sorry if this is offtopic a bit... Is the secure plus only for re-grades?
Can I submit a raw coin for the quarterly special and still get a + ?

Thanks in advance. >>



If you send in a coin for grading and it deserves the plus, then it should get it; whether you paid extra for the service or not. The grade is what it is.

rld14

<< <i>For the sport of it.

Because the Ipad is more expensive.

Just to annoy the anti-PCGS crowd. >>





The new car guys were giving away a free iPad today with every car sold before noon, ya missed your chance

RYK

<< <i>

<< <i>For the sport of it.

Because the Ipad is more expensive.

Just to annoy the anti-PCGS crowd. >>





The new car guys were giving away a free iPad today with every car sold before noon, ya missed your chance >>


Say it ain't so!

(PS I am not a car guy.)

leothelyon

The last thing I want to know is if my coin hinges on a upgrade.


Leo

Type2

I will not send one in just for that. All it will do for me is get me mader and pay twice. I'am not going to do it.

sinin1

because I am a follower

PCGS is the leader


and they say this is the new future



but I will not do a regrade - just a nice raw

TwoSides2aCoin

<< <i>Because collectors are InsecurePlus™. >>

giorgio11

<< <i> >>



"All we, like sheep, have gone astray-y-y-y"--Handel Messiah.

PerryHall

<< <i>Im with you on this one Keets. It doesnt make sense if your not going to sell. >>



Agree. If you sell in a few years, who knows what grading standards will have been adopted by PCGS?

PerryHall

<< <i>If you send in a coin for grading and it deserves the plus, then it should get it; whether you paid extra for the service or not. The grade is what it is. >>

cheezhed

Just like lemmings over a cliff...

ricko

Although I am pleased and encouraged with the step forward represented by the laser printing process, the only thing I see as obvious with the 'enhanced' grading system, is monetary gain for those who sell coins. For those (presently in the VAST minority) that can competently grade, and collect, it really is meaningless. Of course, there are the elitists who will bask in the pleasure of having a + on their coins, simply for bragging rights. For those, I would say, second place is the first loser. Cheers, RickO

ambro51

I think a good amount of resubmissions will come though the Auction houses. Coins getting sent in prior to sale.......

tahoe98

....you can never have too many monikers on a slab.

Fairlaneman

<< <i>I am sending in my 1919-S Mercury Dime MS66. I have thought for years this one belongs in a 67 holder. So hopefully it upgrades. >>



That would really be something if it happens. 66+ would be very cool.

Ken

MICHAELDIXON

It's a fad, like the pet rock and we all have to be in on the fad!

bidask

<< <i>Although I am pleased and encouraged with the step forward represented by the laser printing process, the only thing I see as obvious with the 'enhanced' grading system, is monetary gain for those who sell coins. For those (presently in the VAST minority) that can competently grade, and collect, it really is meaningless. Of course, there are the elitists who will bask in the pleasure of having a + on their coins, simply for bragging rights. For those, I would say, second place is the first loser. Cheers, RickO >>

Why do you label someone an 'elitist' who seeks or owns a coin that has a +? Why do you assume someone will 'brag' about such a coin? Maybe the owner is completely humble and paid good money for a great coin that earned a +,......

PawPaul

<< <i>

<< <i>Sorry if this is offtopic a bit... Is the secure plus only for re-grades?
Can I submit a raw coin for the quarterly special and still get a + ?

Thanks in advance. >>



If you send in a coin for grading and it deserves the plus, then it should get it; whether you paid extra for the service or not. The grade is what it is. >>




the new policy ( I think) charges extra to get a plus on normal tier , non-Secure plus , submissions except moderns and regrades (I think)

cupronik

Because the coin might bring more money in the marketplace than otherwise?

dpoole

I'm still waiting for PCGS to gear up and laser-examine ALL the coins that come in, as part of the standard service. THEN we'll have the safety, guarantee and control on the distorted pops that the technology promised. PCGS ought to be charging cut-rates for resubmissions for the Secure service, to build up their database of scanned specimens.

tcmitssr

<< <i>Judging from the threads thus far about the subject, it doesn't make sense. Submitters are apparently satisfied with the coins as they are yet they are submitting them for a (+) under the new service. There are a few reasons I can think of and none of them make sense to me.

So why are you submitters sending them in??

Al H. >>



I sent in a solid and strong classic Monroe in 65. In getting the + as I did, I get the grade and the holder. In return, the value of the coin increased $500. Why wouldn't that be worth the risk for a PQ quality coin?

TahoeDale

Keets,

While I agree that unless you are about to sell/market a coin, a Secure Plus submission may be premature.

But as roadrunner indicated, the plus on some coins may be very worthwhile. And the Secure feature should add confidence to the newer collector, and those that question the toning on some coins.

Examples: There have been graded over 30 1835 CBH's in 64, but less than a handful in 65 or better. A plus here should add better than expected value.

There are several CBH's where the top grade by PCGS is 63 or 64. A plus of one of the several graded 3's or 4's would make that coin top pop.( versus tied for top spot with several others).

Since it takes a liner to get the plus, you have the chance to get the next higher grade( which I did on 7 of the coins I submitted.)

And while I do not plan to sell the completed set in the near future, several of my dupes got a +, and that will help in trades/sales.

19Lyds

Why?


If I don't..........................somebody else will!

raycyca

I have for a couple of reasons:
1. First, all the submissions I did were under the freebie program. Quarterly specials and free grades for a 90% set.
2. Second, the first coin I submitted I bought for $3, submitted it twice including presidential review and only got a 66. Under Secure plus system, came back as a 67+. I really think the graders rely on the computer scans for grading. I think there's more than just looking for altered coins. It finally got the tomb it deserved. It went from a $3 coin, to a $200 coin, to a $2500 coin.
3. Even though submitted for free, the upgrades for the coins have actually improved my standing in the Registry game.
4. When/if I ever decide to sell, this new "CAC" style sticker adds value, actually more than if I paid for the service.

bushmaster8

One or more of the following:

-possibility of financial gain (+ coins sell for more)

-possibility of higher Registry ranking

- patting oneself on the back ("I knew this was PQ, that is why i bought it")

PawPaul

........I like the pat on the back -pride in ownership thing ,

imagine a whole set of Franklin rainbow mint set toners- all "+" graded ...........oh man , that would be sweet