another cross/crack thread

lusterlover

Given the new 1% guarantee premium, our host is laying off some of the risk onto the collector. Putting this business decision aside, we now have to think harder about cracking for a cross. Will this change people's ways? Would you be more comfortable cracking if your NGC coin if it had a green bean? This is for kool-aid drinkers only. Please spare us the "holder doesn't matter" speech or "buy PCGS in the first place" speech. Tx.

Manorcourtman

1% is a drop in the bucket unless you playing with million dollar coins. The only change I see is to PCGS' bottom line from this new "tax."

DIMEMAN

I think this will actually improve your chances of crossing at grade...because the higher it grades the more the fee is.

lkeigwin

The 1% fee is irritating. But it probably won't change how I deal with crosses.
Lance.

mozin

If CAC refuses to bean a NGC coin, forget about a cross at grade, don't waste your money.

Edited to correct spelling.

lusterlover

<< <i>If CAC refuses to bean a NGC coin, forget about a cross at grade, don't waist your money. >>



Right, but would you be more comfortable cracking to save the vig if it had a bean...

Cougar1978

I definitely would not crack a green bean coin to cross unless I believed it had a shot to upgrade. I play the crack / cross game (crack and submit to PCGS or NGC) to win, not tie.

lkeigwin

<< <i>I definitely would not crack a green bean coin to cross unless I believed it had a shot to upgrade. I play the crack / cross game (crack and submit to PCGS or NGC) to win, not tie. >>

What is the tie?
Lance.

stman

If I was going to crack a coin for cross, it wouldn't matter to me if it had a bean or not.