Options
Do people actually do this?
lava
Posts: 3,286 ✭✭✭
Do people buy a coin in an NGC slab, for example, do an express submission to PCGS in the hope of a cross, and when it fails return the coin to the seller?
A recent failed cross on the published orders page of a common date morgan, turned around in just a few days, prompted the question.
A recent failed cross on the published orders page of a common date morgan, turned around in just a few days, prompted the question.
I brake for ear bars.
0
Comments
Coin Rarities Online
I'm sure it happens. But express grading isn't cheap so perhaps doesn't happen much with inexpensive coins.
Lance.
Lafayette Grading Set
edited to add: I really think that making a sale cross contingent is irresponsible, but I certainly understand. I have had discussions of the like with dealers in the past, but in all honesty, if you have to wonder, then it's usually best to just pass.
Empty Nest Collection
Matt’s Mattes
Worry is the interest you pay on a debt you may not owe.
<< <i>according to the PCGS stats page, less than 1% of all coin submittals are attempted crosses (1707 in the last 30 days out of 268,572). On avg 40% cross. >>
I've seen this 40% stat before - seems higher than what I've experienced over the past quarter.
- Ian
Owner/Founder GreatCollections
GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.