What to do? Toned CC Morgan in PCI Holder
CelinaCoin
Posts: 84 ✭
I want to cross this over to our host at any MS grade, but they do not take PCI slabs for crossovers.
I would hate to crack it, then them to call it AT or something like that... IMO clearly canvas bag toning.
(The slab itself is pretty scruffy)
So... what should I do?
0
Comments
Where do you get the idea they won't take a PCI slab? They will take the coin in the PCI Slab. You have the more liberally graded Gold Label Slab. Coin is MS60 at best. I think it is natural toning. Remember if you send it in for a crossover there will be a guarantee fee of 1% of the coins value or the minimum $5
https://www.pcgs.com/crossover
Their flow chart just shows NGC, ANACS, or ICG.
The link you posted is for the World Coin Cross Over Special. Since your coin is a US Coin you CAN'T take advantage of that promotion. If you send it in as a US economy crossover there will be no problem with a PCI coin.
PCGS DOES cross PCI slabs, I have done it quite a few times.
The GSA pedigree may not cross over to the PCGS slab.
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I am pretty sure that it will grade at PCGS and will not get a genuine for the toning.
...That color is completely typical of GSA Morgans and PCGS knows this...Don't plan on keeping the PL through the plastic and color though...Get 'er done buddy
Crack it. There's no chance they'll AT it. All the indicators are there and Not to mention that it's a textile toner too.
I would leave it as is, unless you have a need for it to be in PCGS plastic.
I don't think the value will change much in different plastic, and you will spend a good percentage of the value in shipping and grading fees to probably end up in lower grade non PL holder.
I would submit that raw. Recalling an early '90s bid-board curmudgeon's affinity for saying, "I that's (not) ___, I'll eat it," to describe stuff he was selling, if they call the color AT, I'll eat it. As far as I know, his diet consisted of cigarettes and cleaned wheat cents. Anyway, there is nothing to be gained by leaving it in that holder. The PCI grade carries little weight, and the slab isn't a desirable one. The slab is quite scuffed, which can prevent a coin from crossing at any grade. Small patches or hairlines or light wheel marks can hide on those surfaces under cloudy plastic, and graders do not give the benefit of the doubt to coins being crossed, especially from lower tier TPGs. The "GSA Hoard" pedigree doesn't mean anything, even on PCGS slabs. People interested in that want the original holder. I imagine that when some people see "GSA" on a PCGS holder, especially a newer one, they think, "you idiot, you should have kept the original holder," and develop a hostile feeling toward the coin.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Is it worth the cost of reslabbing? I seriously doubt that it will get a PCGS grade of 63. 60 or 61 would be more likely.
If you like the coin keep it as is. Otherwise, it will be cheaper to sell it and buy one already in a PCGS holder.
Sell it to me and avoid the hassle!!
You should crack it then submit. AT? I have no idea - submission will settle the issue. You will incur grading fees.
If comes back body bag simply start it raw on eBay at BV to get rid of it get what u can or examine if a dip may help. Or u could just blow out as is starting say at $19.95 and let her rip which is what I would probably do to avoid paying grading costs and be pleased as punch if got out of it say at MS60 money. Then if u don't c any good bidding like a day or so before just end it if not satisfied assuming your still in the zone where eBay will not prevent this.
I think most of this material was crossed or just blown out years ago. Interesting see some still around. I think whatever u do your going to take a hit question is how big.
The price difference between 60 and 63 is far less than the price difference between attractively toned coin in PCGS holder and attractively toned coin raw.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Bottom line is the coin is more valuable without the modern PCI holder. You're not going to lose anything by cracking it out and submitting it. If it's a details holder in the end it would still be easy to sell. I can see this coin as a MS62 but who knows the surfaces I bet look a lot nicer in hand.
I have sent many many pci coins in for cross over
Sell it as is.
If the TPG label is important, crack it and send it in... It will likely get a 62 grade.... If the coin is not important, just sell it and buy one with the label/grade you want... there are plenty of 1883 CC Morgans out there... I even have some in the GSA holders. Cheers, RickO
Just be aware - and PCGS knows this - the gold box PCI grading was, um, optimistic. Not sure it's inflated enough today to cover. It's going to be very dependent on what they see cracked out with the loupe.
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