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Do you know the difference between PCGS reconsideration and regrade?

lkeigwinlkeigwin Posts: 16,885 ✭✭✭✭✭
I'm surprised how many CU members don't get it.

When do you choose reconsideration vs. regrade? What are the differences in cost?

Is any other PCGS service so misunderstood as reconsideration?
Lance.

Comments

  • BoosibriBoosibri Posts: 11,827 ✭✭✭✭✭
    Only time I could see using reconsideration is if you had an OGH or rattler that you didn't want to lose. The added premium plus the lack of ability for the grader to see the coin raw seem are barriers to using any service other than regrade for most already PCGS graded coins.
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    I get it just fine. There are times to use reconsideration service, and it has nothing to do with old holders.
  • jcpingjcping Posts: 2,649 ✭✭✭


    << <i>I get it just fine. There are times to use reconsideration service, and it has nothing to do with old holders. >>



    Down-grade and get compensation image
    an SLQ and Ike dollars lover
  • segojasegoja Posts: 6,107 ✭✭✭✭
    Answer to the OP's question for me is YES
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • lkeigwinlkeigwin Posts: 16,885 ✭✭✭✭✭


    << <i>I get it just fine. There are times to use reconsideration service, and it has nothing to do with old holders. >>

    Perhaps there is. Let's hear it. I'd like to learn something.
    Lance.
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    as I understand it, a coin sent under regrade is cracked and graded with no loss, it either grades the same/higher or if lower, a check to cover the balance. a coin sent under reconsideration is graded in-holder and if it grades higher there is a fee based on the new price. from my perspective if I feel strongly that the coin will move up I should probably use regrade and avoid the additional fee that goes with reconsideration.
  • BigMooseBigMoose Posts: 1,466 ✭✭✭
    Seems to me that the Reconsideration Service has everything to do with old holders.
    TomT-1794

    Check out some of my 1794 Large Cents on www.coingallery.org
  • cameonut2011cameonut2011 Posts: 10,060 ✭✭✭✭✭


    << <i>

    << <i>I get it just fine. There are times to use reconsideration service, and it has nothing to do with old holders. >>

    Perhaps there is. Let's hear it. I'd like to learn something.
    Lance. >>



    When you have a coin with borderline toning and you don't want it to bag (since the guarantee does not have a toning premium)?
  • cameonut2011cameonut2011 Posts: 10,060 ✭✭✭✭✭


    << <i>Seems to me that the Reconsideration Service has everything to do with old holders. >>



    PCGS also said something about preserving CAC stickers. I suppose if you have a gold stickered coin and you want to upgrade the piece, it might make for nice assurance that you won't loose the gold sticker and won't receive an upgrade.
  • blu62vetteblu62vette Posts: 11,900 ✭✭✭✭✭


    << <i>Seems to me that the Reconsideration Service has everything to do with old holders. >>



    and likely a less chance of upgrade since they don't get to see the coin raw.
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
  • BigMooseBigMoose Posts: 1,466 ✭✭✭
    Todd, the coins are in PCGS holders, not NGC holders for the Reconsideration Service, so visibility should not be a problem.
    TomT-1794

    Check out some of my 1794 Large Cents on www.coingallery.org
  • onlyroosiesonlyroosies Posts: 3,280 ✭✭✭✭
    90% of what I send in I send under reconsideration. I've done very well with it. 60% I send as reconsideration for +, 20%
    reconsideration for full point, 10% reconsideration either and 10% reconsideration for suffix. If you are trying to get a
    full point upgrade IMHO you have a better shot at it sending in a + coin and the grader can see it's a + coin. If it's a
    liner he's deciding if the coin deserves the 1/2 point upgrade. I've made many pop 1/0's this way. If I'm submitting
    at a show I submit as regrade, if I'm sending to the office I submit reconsideration and I always use regular tear.
  • blu62vetteblu62vette Posts: 11,900 ✭✭✭✭✭


    << <i>Todd, the coins are in PCGS holders, not NGC holders for the Reconsideration Service, so visibility should not be a problem. >>



    I don't buy that based on results. I think you have a better shot with regrades.
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Thought it was fixed cost vs. Sliding scale set by them?

    image
  • lkeigwinlkeigwin Posts: 16,885 ✭✭✭✭✭


    << <i>90% of what I send in I send under reconsideration. I've done very well with it. 60% I send as reconsideration for +, 20%
    reconsideration for full point, 10% reconsideration either and 10% reconsideration for suffix. If you are trying to get a
    full point upgrade IMHO you have a better shot at it sending in a + coin and the grader can see it's a + coin. If it's a
    liner he's deciding if the coin deserves the 1/2 point upgrade. I've made many pop 1/0's this way. If I'm submitting
    at a show I submit as regrade, if I'm sending to the office I submit reconsideration and I always use regular tear. >>

    With all due respect, you are wasting money using the reconsideration service and may not be benefiting as much.

    Those who were around when reconsideration was announced by DW may remember PCGS's reason for introducing it: Because many collectors didn't want to lose old or special holders and stickers if the coins weren't going to upgrade.

    I'm sure there are lots of anecdotal stories about successes with one service over the other. Mine, over the last 14 months, is 34 upgrades (full point or more) from 104 regrades. I have no way of knowing how many might have upgraded using reconsideration. I suspect fewer because PCGS didn't have to grade through plastic and gaskets. This much I know. I didn't have to pay hundreds of dollars in premium fees for 34 upgrades.
    Lance.
  • blu62vetteblu62vette Posts: 11,900 ✭✭✭✭✭


    << <i>

    << <i>90% of what I send in I send under reconsideration. I've done very well with it. 60% I send as reconsideration for +, 20%
    reconsideration for full point, 10% reconsideration either and 10% reconsideration for suffix. If you are trying to get a
    full point upgrade IMHO you have a better shot at it sending in a + coin and the grader can see it's a + coin. If it's a
    liner he's deciding if the coin deserves the 1/2 point upgrade. I've made many pop 1/0's this way. If I'm submitting
    at a show I submit as regrade, if I'm sending to the office I submit reconsideration and I always use regular tear. >>

    With all due respect, you are wasting money using the reconsideration service and may not be benefiting as much.

    Those who were around when reconsideration was announced by DW may remember PCGS's reason for introducing it: Because many collectors didn't want to lose old or special holders and stickers if the coins weren't going to upgrade.

    I'm sure there are lots of anecdotal stories about successes with one service over the other. Mine, over the last 14 months, is 34 upgrades (full point or more) from 104 regrades. I have no way of knowing how many might have upgraded using reconsideration. I suspect fewer because PCGS didn't have to grade through plastic and gaskets. This much I know. I didn't have to pay hundreds of dollars in premium fees for 34 upgrades.
    Lance. >>



    Bingo.
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook

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