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My First PCGS submission just popped
TommyType
Posts: 4,586 ✭✭✭✭✭
My first PCGS submission, (all ANACS cross overs), just popped up. Received 8/23/16...about 20 business days to complete:
But before you congratulate me on 5 of 6 crosses, (more or less), you have to understand one thing: Most were submitted as “Cross at Any Grade”. I just wanted them in PCGS plastic for registry purposes, more than anything else. But even with that, I’m generally pleased.
So, here are the “old” grades, my pre-submission guesses, and again the PCGS grades:
Line#1: Fugio
Was: ANACS 20
Expectation: Any Fine grade
Result: PCGS F-15
Comment: About what I expected. Fugio’s appear to be silently netted in a willy-nilly fashion at this grade level, so I’m pleased with the F-15.
Line#2: 1858 Seated H10C
Was: ANACS AU-58
Expected: AU-53 to AU-55
Result: PCGS AU-58
Comment: Can’t complain! Crossed at grade, which was better than I expected.
Line#3: 1872 Seated H10C
Was: ANACS AU-58
Expected: AU-53 to AU-55
Result: PCGS MS-62
Comment: Shocked.....shocked and pleased!!
Line#4: 1979-S Morgan Dollar
Was: ANACS MS-65....submitted as “Cross at Current”
Expected: MS-65
Result: PCGS MS-65
Comment: Bing, bang, boom. Perfect.
Line#5: 1881 Morgan Dollar
Was: ANACS MS-64...submitted as “Cross at Current”
Expected: MS-64, shot at MS-65
Result: DNC.....failure
Comment: Bummer....I thought it had a shot at UPGRADING, not FAILING to cross. There is a price bump at 65, so I wouldn’t have been shocked at 64, but not crossing is a disappointment.
Line#6: 1806/5 Draped Bust Half.
Was: ANACS VF Details, Net F-12, Cleaned and Corroded
Expected (hoped?): F-15, straight grade
Result: Genuine, VF Details, Cleaned
Comment: Basically, I was adamant that it was NOT corroded, and submitted as “cross at any” hoping it would straight grade. Apparently, I didn’t think long enough about the “cleaned” part....and made the mistake of not cracking it out.
A long thread was written on this one...but I can't find it. Maybe some will remember.
All in all, I really can’t complain! Still a nice coin. Guess I could consider cracking an re-submitting after a review, but it’s probably really not worth it.
All in all, not a bad result.
- 1 Upgrade
- 3 Cross at essentially the same grade
- 1 Expected downgrade
- 1 DNC
Now if my 8 crossovers on another submission will only do as well! (Submitted at the same time, so I'm expecting them shortly).
But before you congratulate me on 5 of 6 crosses, (more or less), you have to understand one thing: Most were submitted as “Cross at Any Grade”. I just wanted them in PCGS plastic for registry purposes, more than anything else. But even with that, I’m generally pleased.
So, here are the “old” grades, my pre-submission guesses, and again the PCGS grades:
Line#1: Fugio
Was: ANACS 20
Expectation: Any Fine grade
Result: PCGS F-15
Comment: About what I expected. Fugio’s appear to be silently netted in a willy-nilly fashion at this grade level, so I’m pleased with the F-15.
Line#2: 1858 Seated H10C
Was: ANACS AU-58
Expected: AU-53 to AU-55
Result: PCGS AU-58
Comment: Can’t complain! Crossed at grade, which was better than I expected.
Line#3: 1872 Seated H10C
Was: ANACS AU-58
Expected: AU-53 to AU-55
Result: PCGS MS-62
Comment: Shocked.....shocked and pleased!!
Line#4: 1979-S Morgan Dollar
Was: ANACS MS-65....submitted as “Cross at Current”
Expected: MS-65
Result: PCGS MS-65
Comment: Bing, bang, boom. Perfect.
Line#5: 1881 Morgan Dollar
Was: ANACS MS-64...submitted as “Cross at Current”
Expected: MS-64, shot at MS-65
Result: DNC.....failure
Comment: Bummer....I thought it had a shot at UPGRADING, not FAILING to cross. There is a price bump at 65, so I wouldn’t have been shocked at 64, but not crossing is a disappointment.
Line#6: 1806/5 Draped Bust Half.
Was: ANACS VF Details, Net F-12, Cleaned and Corroded
Expected (hoped?): F-15, straight grade
Result: Genuine, VF Details, Cleaned
Comment: Basically, I was adamant that it was NOT corroded, and submitted as “cross at any” hoping it would straight grade. Apparently, I didn’t think long enough about the “cleaned” part....and made the mistake of not cracking it out.
A long thread was written on this one...but I can't find it. Maybe some will remember.
All in all, I really can’t complain! Still a nice coin. Guess I could consider cracking an re-submitting after a review, but it’s probably really not worth it.
All in all, not a bad result.
- 1 Upgrade
- 3 Cross at essentially the same grade
- 1 Expected downgrade
- 1 DNC
Now if my 8 crossovers on another submission will only do as well! (Submitted at the same time, so I'm expecting them shortly).
Easily distracted Type Collector
0
Comments
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
From the standpoint of "Grading Integrity", I'm thinking that the one coin going from AU-58 to MS-62 proves that they are NOT overly influenced by the previous holder?
And by extension, IF the 1806/5 really was straight-grade-worthy, it probably would have gotten it?
Thumbs up to PCGS for "doing their own work"....and thumbs down to cracking the 1806/5. It's probably in its proper home now.
Anacs are the best of all the slabs to cross in my experiences. Much better than ngc.
Hope you're right! The other 8 are all ANACS as well.....small white holders, not the newer ones.
Added:
Scratch that....two are ICG. Memory fail.
Couple of thoughts.
-I am glad you are happy.
-Assuming this is regular service, you are spending about $40 per coin including shipping both ways. Unless the 79-S is a nice toner, it is not worth the cross from a money standpoint. You can buy a nice 79-S for $125-$130 already in PCGS. If you love the toned coin, then by all means cross away.
-It's too bad the AU58 didn't go AU-58. I think it is worth more. When there is no risk to upgrading a coin, as is the case in this coin, you will get the grade to make you happy. They are both worth the same, money wise, but the AU-58 is harder to find.
-2 of these coins should have been cracked. The 1881 Morgan and the details coin. You have a much better chance. The last 81-P old Anacs holder on eBay sold for $86. There is not much downside and it is really hard to have a cross "upgrade" when it is a "high dollar upgrade" like that date. It is also about impossible to have a problem coin cross problem free.
I have crossed low dollar coins many times, but only when the toning was amazing and I feared cracking them out and getting buttkiss. Average lower dollar coins are better off sold and then buy the coin/grade you want, especially with the market and cheap prices right now. Only my thoughts and again, glad you are happy! Looking forward to your next batch.
Anacs are the best of all the slabs to cross in my experiences. Much better than ngc.
I've had the exact same experience.
Gonna get me a $50 Octagonal someday. Some. Day.
But as noted, this wasn't about monetary enhancement, or price to earnings ratios.
The 1879 was actually bought raw as a 64....submitted to ANACS by me, and now crossed by me. Maybe I'll cross to NGC just to make the circuit.
Nope, just coins I like. And since I'm really just working a type set, some are important components that just can't be listed in the registry sets, (being ANACS). The half dimes fit into that category, while the others are just important to me, in one way or another.
My other submission of 8 coins has a little more "meat" in it. In particular, an 1839 no drapery half, which has become a big money coin since being bought...and a few others I'm hoping for good things from.
Basically, I'm the type of guy PCGS makes money off of....not the type who makes money off of them.
It's all about the collection...and getting it into the form I want.
Added:
I also take issue with the concept that AU-58's are worth more than MS-62's....In a real sense, not monetarily.
In this case I have a hard time making that point....since it's the same *bleeping* coin! But I'll take an MS coin over AU (pending eye appeal) any day of the week. Market oddities be da//
ed. It's all about the collection....
Always looking for tougher PSA 10's of Nolan Arenado, Alex Bregman, Mookie Betts, Francisco Lindor, and Mike Trout.
Anacs are the best of all the slabs to cross in my experiences. Much better than ngc.
I went 13/16 on NGC crosses recently FWIW
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Anacs are the best of all the slabs to cross in my experiences. Much better than ngc.
I went 13/16 on NGC crosses recently FWIW
mark
It depends on what you are doing. In my case I am looking for varieties and in this game you take what you can find.
In your case you are picking and choosing. With your eye I'm surprised you didn't go 16/16.
in raw. Why let the grader see what someone else said? Make him think
for himself/herself/itself.
bob
I submitted the 1806/5 as PCGS# 6077, "1806/5 Large Stars". That's the base number for the type.
Because of my handy-dandy Overton book, I KNEW it was an O-103, (PCGS# 39299), but I assumed that such a designation would require a variety fee....and frankly, as an R2, it just wasn't worth it.
Turns out, according to the results page copied in the OP, they did attribute it as an O-103, #39299 anyway.
So, the question is: What qualifies as a "variety"?? Anything that does NOT have a PCGS number assigned?
(Might be important to me if/when I submit a few better date and/or 7/8TF raw Morgans in the near future.)
I never understood crossovers. I've cracked them out and just sent them
in raw. Why let the grader see what someone else said? Make him think
for himself/herself/itself.
bob
My reason, (with the exception of the 1806/5, where I just brain-farted), is that it avoids "losing" the old grade. Lower risk, essentially. (Yeah, I know....whimpy.)
Put on your big boy pants!!
Anacs are the best of all the slabs to cross in my experiences. Much better than ngc.
I went 13/16 on NGC crosses recently FWIW
mark
It depends on what you are doing. In my case I am looking for varieties and in this game you take what you can find.
In your case you are picking and choosing. With your eye I'm surprised you didn't go 16/16.
I'll get those other three crossed ; )
Noted on varieties. Good point.
Mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Anacs are the best of all the slabs to cross in my experiences. Much better than ngc.
I went 13/16 on NGC crosses recently FWIW
mark
It depends on what you are doing. In my case I am looking for varieties and in this game you take what you can find.
In your case you are picking and choosing. With your eye I'm surprised you didn't go 16/16.
I'll get those other three crossed ; )
Noted on varieties. Good point.
Mark
I'm sure you will get those other 3 crossed. You have some very beautiful coins.
I never understood crossovers. I've cracked them out and just sent them
in raw. Why let the grader see what someone else said? Make him think
for himself/herself/itself.
bob
I agree with you. Especially if you are sending them in to "Cross at any grade". At that point, you are just giving PCGS 1% of the value of your coin for the guarantee fee. If you are worried about a potential downgrade, then do the cross. Otherwise I will crack out and save my money.
Here's a question for you "wise old men" of PCGS....(as opposed to me, an "old man of no particular wisdom"):
I submitted the 1806/5 as PCGS# 6077, "1806/5 Large Stars". That's the base number for the type.
Because of my handy-dandy Overton book, I KNEW it was an O-103, (PCGS# 39299), but I assumed that such a designation would require a variety fee....and frankly, as an R2, it just wasn't worth it.
Turns out, according to the results page copied in the OP, they did attribute it as an O-103, #39299 anyway.
So, the question is: What qualifies as a "variety"?? Anything that does NOT have a PCGS number assigned?
(Might be important to me if/when I submit a few better date and/or 7/8TF raw Morgans in the near future.)
PCGS will assign any variety that has a PCGS # without charging an attribution fee. The varieties that PCGS does charge for are the ones that you can find under the + dropdown button on the Price Guide page. Essentially those + varieties are all the FS #'d coins from the Cherrypickers' Guide that do not have their own PCGS #.