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Poll - Have you ever crossed over a PCGS coin to NGC and if so, why?
TopographicOceans
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Have you ever crossed over a PCGS coin to NGC? If so, please explain why.
Poll - Have you ever crossed over a PCGS coin to NGC and if so, why?
This is a public poll: others will see what you voted for.
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Cracked first. To suppose there is no bias from one to another is unrealistic.
I think it was a 33S walker in an OGH MS64.
When I got it in hand, it was much hazier than I liked to see at the time, and since NGC did
conservation and would guarantee the grade, I sent it in. Many years later in retrospect, of course this was not a good decision.
intended to clink no. Oh well
Wouldn't even consider it for any reason.
At least a dozen times trying for a PL designation with gold coins. In several cases the coins received a lower grade from NGC since i crossed at any grade.
In the 1987-1988 period NGC coins were worth more. I changed over some coins to NGC to take advantage of the higher prices.
During the 1998-2008 period a higher graded NGC coin would almost always get more money than the next grade down in PCGS plastic. So the game during that period was to get the highest grade in whichever holder you could....if profit was your driving force. Lots of PCGS coins made their way into NGC holders, many crack outs, some crosses.
After 2008 this has changed again where say a 65+ PCGS coin might bring the same money as a MS66 low end NGC coin. NGC coins working their way back into lower graded PCGS holders. 3 different era's in how NGC coins have been perceived. I suspect the 4th era will reverse that a bit as things loosen up again during the next retail coin boom.....whenever that occurs.
Yes, several times. PCGS doesn't award coins that deserve it, a star. A star on the plastic is a powerful statement on the right kind of coin (color).
No.... no need to ..... Cheers, RickO
The series I collect are clearly worth more in PCGS holders.
Lance.
I don't spend money on crossing coins. I have also never moved an NGC coin to PCGS.
The fact that there are 2 competing top TPG's with different standards is enough by itself to suggest that the same coin(s) are moving back and forth all the time between the services to maximize their market value. There are always going to be PCGS coins moving into NGC holders to increase their value. If that wasn't the case, and as Ricko stated "there is no need," then NGC would quickly cease to exist. Since NGC is still around and prospering, then there must be a "need to." Better to be a pop 1 highest graded in say a NGC MS67 holder then one of a dozen in a PCGS MS66 holder. It's fine that many people don't want to get involved in the all work to get that done. And that's fully understandable. Just recognize that when they eventually dispose of their coins, the market players will make up for lost time and maneuver those coins into the holders that maximize their value.
My first example of this was in 1988 when I sent my 2 raw gem New Orleans mint seated quarters to the TPG's to find out "what they were." I felt PCGS would grade the flashy 58-0 higher while NGC would grade the muted luster, but perfectly clean 56-0 better. It turned out just the opposite with MS64's on both. I immediately sent them back to the opposite services and ended up with a pair of MS65's, pop 1's, highest graded. An early lesson that if you stand pat too early, you can lose big. In those cases it was a matter of the coins being worth $7500 or $20,000 each...and worth the effort it took. Some coins will end up being worth considerably more today in NGC holders (whether it's a higher holder, a star, +, etc.). My "worst" experience ever was sending a higher end NGC MS64 1838-0 dime to PCGS in the chance of a 65 grade. It came back a PCGS MS63 "burial." I had no choice but to send that back to NGC where it graded MS65 next time out - or approx 4X-5X what it was worth in the PCGS 63 holder - at that time a pop 1 finest graded 38-0 dime at either service (while receiving 3 different grades on 3 tries). "No, never" has its drawbacks. Had I just left that in the PCGS 63 holder and taken the 50% loss, there never would have been a 100% profit.
And that's how you play the game
Nope
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_ don't spend money on crossing coins. I have also never moved an NGC coin to PCGS._
That....
K
I would consider it, but being a someone who play's the PCGS Registry game, crossing to NGC doesn't make much sense for my collecting situation.
Andrew Blinkiewicz-Heritage
Well then you better rethink the reasons.
IF you have a SUPERB ...AND...condition census coin in a PC, then send it to NG for an upgrade and THEN....back... to PC who will confirm the upgrade just to stay prominent in the game of top pops.
Topstuff makes a good point. I first learned that lesson in 2006 when someone bought a PF66 OGH type coin from me. It was "crossed" over to NGC but in the process they upgraded it into a 67. It then was crossed over to PCGS. Easy peasy. The coin went from $9K value to $24K value in a short period of time...and remained the finest graded/known. Not bad for under $300 in grading fees.
Does this new soffware allus let you see who voted how in polls?
Click on "view results"
Piffle.
Mine went from PC64 to NG66 and then back to PC66
and from $6000 to $130,000
I guess if there was a good reason or shot at an upgrade, but I never have. I'm happy to leave my coins as they are when I get them.
My YouTube Channel
When I open the thread [while logged in] it shows the results AND the icons of all who voted yes, no or something else. I've never seen that before.
Heck no! That's all I care to say about that question!
Was that your 1871 MS64 seated dollar? If so, it was a travesty it was ever graded MS64 to begin with. In reality though it was never worth MS64 money. Did you sell the coin outright or put it up for auction? I know the Colonel Jessups of the world would have been all over the coin for MS65ish money back in the day. No one cared what the holder said back then, as long as the coin looked "better." In fact, the more under-graded a coin was, the more the sharks were attracted and the higher they bid....in essence to be ordained "THE ONE" who bagged it and got the upgrade.
Logically, there's almost no way a $130K PCGS MS66 major type coin today was ever truly worth only $6K at any time since 1988. This is where grade arbitration can really hose us over. I could see that coin being worth $6K back in the early 1980's. A lot of coins have made huge moves since 1982. I recall missing out on the Robison 1839-0 specimen/proof RE half in 1982 at $13,500. That coin was worth around 20X+ that not too long ago. Even the Amon Carter 1794 $ SP66 dollar sold at auction in 1984 for $240K (40X higher since)...what was everyone thinking back then?
This little "game" wouldn't work very often because I have found that PCGS does not like to cross ngc coins at grade. You are better off send them in raw.
No and Never will. PCGS is the MAN! One question: How do you post a "Poll"?
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.no never have.
Where is View Results???
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.How in the world do you start a poll? View Results, WHERE?
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.No way would I have gotten certain grades without the crack out: 1892 $20 P/60 to N/61; 1852-O $20 P/50 to N58; 1892 $20 P XF45 to N58. However an 1878-cc in an Anacs 66 holder was maligned by a local big dealer who said it would never cross, which it did with PCGS and sold it to Jim Halperin at the Fun show.
If you open the thread while not signed in a message says it's a public poll and the results will be visible. Logging in gives you results and who voted and how they voted.
At the upper right top of the page where it says new discussion, click on the down arrow and select poll from the drop down menu.
Any GSA graded dollar I get I cross over to NGC. Everyone i buy if I agree with the PCGS grade then I am confident that NGC will also agree and grade it the same. NGC graded GSA's bring better money
Rainbow Stars
As an example, crossed from 62 here to 63 across the street....
Yep it was.
It served to keep me from submitting coins for quite a few years.
That coin was ...SPECIAL...
Many many dealer comments at shows but just seeing the stupid NUMBER pissed me off.
And I did not sell it for 64 money. I got double 64 but also took it in trade for KRs at 400.
So..... serendipitously, it was for more than book plus the gold appreciated to where it was ..actually.. more even than double.
But still a good hosing in the process.
My fault for not having the faith I originally had in the COIN.
One I vowed (but relented) to keep until death.
However another factor in my thinking was that..... . I .... "worked" on the coin.
I got it as a green newb for $200 at a shop in Walnut Creek, CA.
A real stretch at the time to pay more than the $140 "Trends" but worth it as things turned out.
It had a small couple "lines" on it and I figured, "oh gee, it's probably okay to just LIGHTLY ,,,try" an ERASER on it.
WOOP! Nope. But I did ...DIP... It. Had to. It was de rigeuer to dip all coins before plugging them into the Danscos.
So....erased, dipped. hmmmm.... okay, still nice.
Here's a pic of the raw coin after the eraser and removal with the rubbing of a circ coin on it.
KINDA ...concealed it a.... bit.
Then after the slabfest..... it was....
Which de-emphasizes the scribbling over the word "ONE."
As I recall, the toning was VERY close to my present 1871. Especially the reverse. (pictured here....as a 64)
To tell the truth, value aside, I like the new one for the reason it wasn't .... worked on.
And in between rattler and final.... it was NGC
My point on the process is that I think crosses are easier if the COIN adds prestige to the SLABBING company.
Maybe. I think so anyhow.
Wait you used an eraser on that 1871 $1 when raw and its in a MS66 holder today?
It did....however.... sour me on slabs for a LONG time.
I....should.... have immediately busted it out of the rattler and tossed the plastic shards into a dumpster.
Great story Topstuf. It was the case in the rattler days that any hairlines across the figures meant you'd get no higher than MS64 on the coin....no matter how clean, blasty, colorful, or eye appealing otherwise. I had some solid "gem" Barber coins back then that got the dreaded MS64 grade because of a single wipe line across Liberty's face. I still got MS65 money for them when they sold though....after cracking them out of their 64 tombs. Today those same coins are in 66 or higher holders. The best values of that era weren't the coins graded 66 and 67....but rather the ones that were harshly graded as 64's that otherwise looked and acted like 66/67 coins to the unaided eye.
Any coin I used an eraser on in my youth....would not be gradable today. I was "good" at using erasers on toned copper.
The same way you start a new discussion, except click on the down arrow pull down box and select New Poll.
You see the results and who voted at the top of the thread.
Going from PCGS to NGC? You need to be drug tested.
I have a lot of Roosies in NGC holders for my Registry set.
rainbowroosie April 1, 2003
Thank you very much!
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Yes, I have.
Like RR says, at one time NGC coins were worth more.
No. I really dislike the white prongs that NGC uses.
"Got a flaming heart, can't get my fill"
First time back on this forum in many years, had to apply as a new member because I couldn't remember my old password. I had in NGC $20 liberty in MS 62 that was very flashy. I cracked it and send it to PCGS because it is a beauty. PCGS returned it in an MS 61 holder, so I cracked it out again and send it back to NGC and it came back MS 62 PL