Final Baltimore Crossover results are in... 2 for 14

seateddime

The final results are :

2 crossed 1 was NGC, the other IGC 1 was an XF, the other MS61

12 did not cross 9 were NGC (3 were cac green stickered); 3 were old white small ANACS holders. Of the 12 coins 9 are mint state, 3 are circulated.

My PCGS upgrades were 2 for 2 (both upgraded)

I guess my coins from the 1800's are bringing down the PCGS crossover averages but helping the US Post office stay in business with 3 different shipments coming back.

291fifth

Unfortunately, US coin collecting seems to have become just an expensive "plastic" game.

CoinRaritiesOnline

Hey, it could have been worse.

roadrunner

I suspect your 1 for 9 NGC cross is quite typical for 19th century mint state silver type coins.

You're results are very similar to mine. I upgrade PCGS coins with no problem....but can't cross NGC coins to safe my life.

SAM5969

But there's no bias involved .....

Rampage

I still have yet to ever try to cross a coin. I have bought coins in ANACS and NGC holders and I have also bought raw coins and submitted to both services and have never tried to cross them to PCGS. Having said that, I have also bought, many times over, other coins and sent them to PCGS myself or bought already in PCGS. Maybe 15 percent of my collection is in (old small white) ANACS, 1 percent in newer ANACS, and 5 percent in NGC. Everything else is PCGS. I just do not see the need of trying to cross coins.

DennisH

The last two NGC coins I sent in for crossover in the holder -- both VG06 1895-S Morgans -- went UP to VG08... and CAC put a sticker on one of 'em.

lkeigwin

I understand why PCGS has to be cautious about crosses due to potential surprises after removing the coin from the other guy's slab.

What I don't understand is why, after cracking and finding no such surprises, the coins still tend to be assigned overly conservative grades (I'm referring to "any grade" crosses).

The only way I seem to get fair shakes is to crack them again and submit raw. I am comfortable doing that with most coins but not with colorful, pricey ones...particularly copper.

I guess I'm saying nothing that hasn't been said before. It's just a bit aggravating.
Lance.

Unknown

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Cougar1978

Interesting, thanks for sharing.

stealer

<< <i>But there's no bias involved ..... >>


There isn't. The only discrepancy that exists is a difference in grading practice between the two firms.

lkeigwin

<< <i>Recent statistics on crossovers at PCGS:

Crossovers - Last 30 days Crossovers - Last 12 months
Attempted Successful Success Rate Attempted Successful Success Rate
1,867 932 49.00 % 26,223 10,323 39.00 %

Thanks, PCGS, for providing these numbers! Percentages appear to be rising! >>


Is an "any grade" cross, or a minimum-cross, that drops in grade considered a successful cross? I don't know but I'll guess it is and that PCGS is seeing more of them.
Lance.

mozin

Those of us seriously in the PCGS Registry usually decide to buy PCGS. Crossing over from other grading services can be very aggravating.

CoinMan1012

<< <i>Unfortunately, US coin collecting seems to have become just an expensive "plastic" game.[/q
Sad, but true.
taylor

seateddime

<< <i>Those of us seriously in the PCGS Registry usually decide to buy PCGS. Crossing over from other grading services can be very aggravating. >>



This is true but this is also why many of the greatest Seated Dimes I own will not be represented in my PCGS set nor crossed, including an AU 1874 CC Dime.

I am sorry but if I love a coin, CAC likes it too and PCGS doesn't guess what, it is staying in that nice white NGC holder.

There is a reason I have owned CLCT stock for many years and it's not for the shareholder discount.

There will come a time where these hard to cross coins that can be purchased for less (because the plastic is wrong but the coin is right) will find themselves going way up in value.

SmEagle1795

I decided to try to play the "slab game" with three CAC'd NGC coins, each in the low-mid 5-figure range through a walkthrough submission and none of them crossed. That's the last time I'll bother trying to cross something and continue to just buy the coin. I like the coins, but I absolutely hate NGC's slabs, which was the main reason why I wanted to get them into PCGS holders which, with their translucence, are much more attractive to my eyes.

CoinRaritiesOnline

In general, and not intended as a specific response to any poster in this thread, I think many collectors assume that their newly acquired NGC coins, CAC or non-CAC, have not been tried for crossover at PCGS before when in reality they may have been tried to death by previous owners.

Of course that in and of itself does not preclude a future cross, but it would not be the way to bet.

SeattleSlammer

Ouch! Send them in again and I guarantee they'll do better....unless they keep track of crossover attempts by serial number which I don't think is true.

sniocsu

<< <i>But there's no bias involved ..... >>



Oh no. Of course not.

crypto79

<< <i>

<< <i>But there's no bias involved ..... >>


There isn't. The only discrepancy that exists is a difference in grading practice between the two firms. >>



I agree with you

noow

<< <i>But there's no bias involved ..... >>

lcoopie

Seriously, you could have bought a nice coin with those fees

seateddime

I SHOULD have bought a nice coin.

But this is why they have record earnings.

Third quarter results are in.

Service revenues increased 11% in this year's third quarter to a quarterly record of $14.5 million, driven by a 13% increase in coin services revenues and a 12% increase in cards and autographs services revenues. Coin services revenues increased to $10.1 million from $8.9 million in last year's third quarter, reflecting a mix of new services revenue, increased show grading activity and pricing changes implemented January 1, 2013.

ricko

I am continuously amazed at the cost of the grading game and the constant stream of revenue it produces for the TPG's...Cheers, RickO