Hypothetical Question about Crackouts
ctf_error_coins
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Hypothetically, say you have a Gold Shield PCGS coin with Trueview images graded AU55 and you believe this coin to be MS or at least the very cool grade of AU58.
Say you decide to crack it out and try ATS to go for an AU 58 or higher grade. Just pretend the coin comes UNC details grade 
Can you then crack it out again from the ATS slab and call PCGS and tell them you have a Gold Shield Coin with True View Images but you lost the plastic 
Will PCGS grade the coin the same if the coin is in the exact state it was when it left PCGS?
I have never done this, just curious. I am considering trying one coin.
Also, it is the same coin, would it have the same cert number and photo?
My guess is no but I have not tried nor called.
Any experience with this?
Comments
PCGS will treat it like all raw coins submitted for grading. Once it's been cracked out the submitter may have cleaned or otherwise messed with the coin.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Hope it has enough value to be graded 3 times!
Figured, thank you.
I just find it odd that an uncirculated large error coin dated 2019 comes back AU55. Odd grade as I know it has not circulated
What’s odd about the fact that they have a different opinion than you do? In your first post, you even indicated that you thought it could grade less than 60.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I think some take the term "circulated", (or "uncirculated"), too literally. The graders are NOT trying to determine the life history of the coin. They are only grading "what it looks like".
Maybe it got a rub going through a counting machine. Maybe it slipped across the shipping bag, or box. Whatever. "It never circulated in commerce" means nothing if it looks like it has wear.
It may come back details ATS, careful playing the crack-out game. But the Again, JA could always give it the gold star. It's all a gamble. If you spend enough money and send in enough chances are you will get the grade you are looking for. Congrats!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Once it is out of the slab, it is a raw coin....Knowing the history will not change the way it is treated at the TPG. Cheers, RickO
QUESTION What is ATS ?
Across the street: NGC
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Playing the "opinion game" can get very expensive. Once a coin is cracked out the former "opinion" is null and void and that is as it should be. The "opinion" only existed as long as the coin was sealed in its plastic tomb.
Relooking at my raw photos, ya I guess it may have graded correctly based on the obverse images.
I guess I found that fine line where an UNC coin grades AU55 as opposed to UNC Details grade
I suppose it is a fair grade.
I am Extremly happy with all my other grades on this submission including a 2016 MS63 triple struck Sheild Cent, Nicest MS Sheild Cent Major Error Known
Here is the AU55 ...
That coin looks MS to my eyes. Look at the bands on that thing!!!!
Not to mine, based on the forehead, jaw, cheek and lower left neck areas.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Mark, I saw all that when I wrote my assessment. Im assuming that those are die polishing lines or planchet defects from an already destroyed planchet. Suppose they could be rub. Not much on the reverse to match up that is on the higher points of the design, but there is that cluster above the oak leaves. The OP thought it was MS as well. Guess that is why its hard to grade from pictures.
Looks like a nice parking lot coin.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Looks like somebody having fun with the grinding wheel. PMD IMO.
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
I agree. But could all of those "lines" usually associated with circulation just be a result of the multi punching?
Look at "Liberty" and "IGWT" and the Date and MM which are very clean on the last strike indicating struck on a damaged planchet perhaps which would make this a MS coin.
Your assessment certainly might be correct. But if those areas aren’t as made, it could explain the sight-seen AU 55 grade that was assigned to the coin.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Then too bad so sad. You got stuffed in the backfield. Crackouts carry risk.
Now your back to square 1. Worse yet you spent money gaining nothing. If you play crackout game you win some lose some. Accept that or its not for you.
You need to accept responsibility for that risk.
Specify a minimum grade on the form next time to avoid a downgrade, I play crackout, cross game to win not lose. Plus the money I am putting up has to be worth the potential gain / gamble risks. I am in the coin business make money not lose it on gambles.
I don’t understand paying all that money for just 3 points on an AU coin. If upgrade was MV increase worth it?
Leave as is.