Has anyone returned cracked out labels lately?

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sparky64
sparky64 Posts: 7,063 ✭✭✭✭✭
in U.S. Coin Forum

I was wondering what the procedure is.
Send them to someone specific, etc.

"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

My Washington Quarter Registry set...in progress

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  • edwardjulio
    edwardjulio Posts: 1,300 ✭✭✭✭✭
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    I returned one to JoAnn at the Vegas Collectors show, had it since 2010. It got removed from the Pop Report.

    End Systemic Elitism - It Takes All of Us
    ANA LM, LSCC, EAC, FUN

  • Unknown
    Unknown
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    This content has been removed.
  • Tibor
    Tibor Posts: 3,801 ✭✭✭✭✭
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    IRC several years ago Steve Contursi of Rare Coin Wholesalers donated
    a huge garbage bag full of labels to the ANA. I think there was even a picture
    in one of the hobby newspapers. At the time I think they were worth 50 cents each.

  • oih82w8
    oih82w8 Posts: 13,206 ✭✭✭✭✭
    edited January 27, 2020 3:32PM
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    I have only cracked one, an 1818 50C, PCGS AU53 CAC, resubmitted and received an AU55...CAC again. I dont remember what happened to the insert. I understand the concept of adjusting the actual numbers in holders/grades, but is it really worth the effort?

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • ReadyFireAim
    ReadyFireAim Posts: 1,860 ✭✭✭✭✭
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    You can send them to JA if you're doing a CAC submission.
    He will forward them to PCGS or NGC.

    My Saint Set

  • ShadyDave
    ShadyDave Posts: 2,218 ✭✭✭✭✭
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    @lkeigwin said:
    Make it worth our while, PCGS. If you care about pop reports. It doesn't have to hurt. How about one free grading submission for every 5 certs returned?
    Lance.

    I agree, 100%. I have about 200+ certs sitting in a plastic bag right now. I'd rather make a collage of them in a frame, than send them back to PCGS/NGC/ANACS to receive a measly $.50/insert.

  • JBN
    JBN Posts: 2,007 ✭✭✭✭✭
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    @oih82w8 said:
    I have only cracked one, an 1818 50C, PCGS AU53 CAC, resubmitted and received an AU55...CAC again. I dont remember what happened to the insert. I understand the concept of adjusting the actual numbers in holders/grades, but is it really worth the the effort?

    When PCGS joined CAC and shared their data, it occurred to me that cert #s and CAC cert #s would be an 'ironclad' indication of high quality coin populations. It did not occur to me that crackouts would occur on CAC coins. So, these updated populations are also exaggerated. Sigh. But at least the published pops do provide a upper limit.

  • CoinJunkie
    CoinJunkie Posts: 8,772 ✭✭✭✭✭
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    @ShadyDave said:

    @lkeigwin said:
    Make it worth our while, PCGS. If you care about pop reports. It doesn't have to hurt. How about one free grading submission for every 5 certs returned?
    Lance.

    I agree, 100%. I have about 200+ certs sitting in a plastic bag right now. I'd rather make a collage of them in a frame, than send them back to PCGS/NGC/ANACS to receive a measly $.50/insert.

    Why would PCGS meaningfully increase the compensation for returned inserts? Wildly inflated pop reports hurt collectors far more than they hurt PCGS.

    My Roosevelt Dime Registry Set
  • TurtleCat
    TurtleCat Posts: 4,692 ✭✭✭✭✭
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    @ShadyDave said:

    @lkeigwin said:
    Make it worth our while, PCGS. If you care about pop reports. It doesn't have to hurt. How about one free grading submission for every 5 certs returned?
    Lance.

    I agree, 100%. I have about 200+ certs sitting in a plastic bag right now. I'd rather make a collage of them in a frame, than send them back to PCGS/NGC/ANACS to receive a measly $.50/insert.

    With as many as you say, that’s over $100. Surely worth it as that would cover a few submissions depending upon tier.

  • Goldminers
    Goldminers Posts: 4,414 ✭✭✭✭✭
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    @sparky64 said:
    I was wondering what the procedure is.
    Send them to someone specific, etc.

    I checked with NGC and this is what they sent me to return their labels that were cracked out to fix pop reports. I plan to send them about 20 or so that I have had crossed over the past 20 years.

    Thank you for your email. Please mail them to,

    NGC
    P.O. BOX 4776
    SARASOTA, FL 34230

    My US Mint Commemorative Medal Set

  • ReadyFireAim
    ReadyFireAim Posts: 1,860 ✭✭✭✭✭
    edited January 27, 2020 4:39PM
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    I've been watching numbers bounce all over the place for under 100 pops next to the big bump in price/grade.
    It's odd and I'm thinking it might have to do with them finally clearing dups/resubmissions.

    When I bought one saint the price was around 4K when the pop was 94.
    That price almost doubled when the pop dropped to 78
    I think the real pop is around 64 (I counted 25 of the same coin w/ different cert. numbers before the TV/coin facts purge)

    Didn't hurt me one bit :)

    My Saint Set

  • DollarAfterDollar
    DollarAfterDollar Posts: 3,217 ✭✭✭✭✭
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    One of the services had a promo about 5 years ago where there was a .50 credit for each label provided with a submission, as I recall. I might have dreamed that up, I'm not sure.

    If you do what you always did, you get what you always got.
  • WaterSport
    WaterSport Posts: 7,064 ✭✭✭✭✭
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    You got .50 cents ?? I have NEVER got a freaking dime for any I sent in. I would put them in a with a submission and expect some sort of (discount) on the invoice. Never saw it happen. So what is the policy and how are those of you "seeing" your payment. Inquiring minds want to know.

    WS

    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • logger7
    logger7 Posts: 9,858 ✭✭✭✭✭
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    Thanks for the recommendation, will try to send some of the labels I have to get populations more accurate.

  • sparky64
    sparky64 Posts: 7,063 ✭✭✭✭✭
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    @ricko said:
    If I ever crack out a coin (highly unlikely), I will send the label to the TPG...I would think everyone would do that, even without compensatory incentive...just to help keep the records straight. Cheers, RickO

    That's the way I see it too.

    Just seems like the right thing to do but I see it's not very high on the list of priorities.
    Guess I'll just sit on them for the time being but still intend to return them.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • lkeigwin
    lkeigwin Posts: 16,895 ✭✭✭✭✭
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    @WaterSport said:
    You got .50 cents ?? I have NEVER got a freaking dime for any I sent in. I would put them in a with a submission and expect some sort of (discount) on the invoice. Never saw it happen. So what is the policy and how are those of you "seeing" your payment. Inquiring minds want to know.

    WS

    I think they get lost in that process WS. You need to send them in separately.

    50c is not much of an incentive but if you have enough send them in by themselves and look for the extraordinary credit.
    Lance.

    Coin Photography Services / Everyman Registry set / BHNC #213
  • alefzero
    alefzero Posts: 1,204 ✭✭✭✭✭
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    I have probably a thousand NGC labels from crossovers. Not crackouts, as I have only cracked out 2 coins in my life. Apparently, they are only good for credit for future submissions. Maybe I can use them to get variety attributions or regrades on what small number of remaining NGC slabs remaining.

  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    @CoinJunkie said:

    @ShadyDave said:

    @lkeigwin said:
    Make it worth our while, PCGS. If you care about pop reports. It doesn't have to hurt. How about one free grading submission for every 5 certs returned?
    Lance.

    I agree, 100%. I have about 200+ certs sitting in a plastic bag right now. I'd rather make a collage of them in a frame, than send them back to PCGS/NGC/ANACS to receive a measly $.50/insert.

    Why would PCGS meaningfully increase the compensation for returned inserts? Wildly inflated pop reports hurt collectors far more than they hurt PCGS.

    Yep, PCGS knows exactly how many they've graded?

    theknowitalltroll;
  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    I once sent some inserts in with a submission and took fiddy cents per insert off of the amount due and 3 months later I got a check for the amount of the inserts.

    theknowitalltroll;
  • BuffaloIronTail
    BuffaloIronTail Posts: 7,765 ✭✭✭✭✭
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    @CoinJunkie said:

    @ShadyDave said:

    @lkeigwin said:
    Make it worth our while, PCGS. If you care about pop reports. It doesn't have to hurt. How about one free grading submission for every 5 certs returned?
    Lance.

    I agree, 100%. I have about 200+ certs sitting in a plastic bag right now. I'd rather make a collage of them in a frame, than send them back to PCGS/NGC/ANACS to receive a measly $.50/insert.

    Why would PCGS meaningfully increase the compensation for returned inserts? Wildly inflated pop reports hurt collectors far more than they hurt PCGS.

    That's why some of them shouldn't really be believed.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • Tibor
    Tibor Posts: 3,801 ✭✭✭✭✭
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    @1630Boston Yes, that is the article. Great detective work on your part.

  • CCGGG
    CCGGG Posts: 1,267 ✭✭✭✭✭
    edited February 11, 2020 10:06AM
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    I've got about 20 but I never thought of returning them. Several I cracked out to put in albums so I kept the labels (with before and after pics). A few weeks ago, I cracked out a lower grade 09s vdb to complete a raw album of circulate Lincoln cents. Just a reference for me.

  • ProofCollection
    ProofCollection Posts: 8,052 ✭✭✭✭✭
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    Would it hurt PCGS to mention this somewhere on the website? They sure like to keep a lot of information secret.

  • Goldminers
    Goldminers Posts: 4,414 ✭✭✭✭✭
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    Many of my modern coin and medal registry set line items were sourced from top pop NGC slabs.

    I always mail the labels back to NGC so they can remove them from their pop reports after I cross them over.

    I just keep a record of the old NGC label certificates for my records. Of course, most suffer from a grade drop when converting so occasionally it is a bit frustrating.

    My US Mint Commemorative Medal Set

  • humanssuck
    humanssuck Posts: 701 ✭✭✭✭✭
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    From time to time when I have a couple, I've just turned them in at the PCGS table when I go to a large show.

  • retirednow
    retirednow Posts: 708 ✭✭✭✭✭
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    Never had to for PCGS ... however I had couple cross to PCGS from NGC and all I did to do was send a photo of the label over a dated sheet of paper and emailed to NGC and presto ... it was removed

    OMG ... My Mother was Right about Everything!
    I wake up with a Good Attitude Every Day. Then … Idiots Happen!

  • MS66
    MS66 Posts: 235 ✭✭✭
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    @CoinJunkie said:
    Wildly inflated pop reports hurt collectors far more than they hurt PCGS.

    Seems like it could help if you're buying though, right?

  • alefzero
    alefzero Posts: 1,204 ✭✭✭✭✭
    edited April 27, 2023 4:04PM
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    I have hundreds of NGC, ANACS, and IGC tags accumulated from decades of crossovers to PCGS (returned with the newly holdered coins). Was told, unofficially, that the services do not pay for their returns anymore. I would be happy if they at least gave the equivalent credit toward submissions.

  • ProofCollection
    ProofCollection Posts: 8,052 ✭✭✭✭✭
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    @alefzero said:
    I have hundreds of NGC, ANACS, and IGC tags accumulated from decades of crossovers to PCGS (returned with the newly holdered coins). Was told, unofficially, that the services do not pay for their returns anymore. I would be happy if they at least gave the equivalent credit toward submissions.

    I would be happy if they would just post a sentence or two in a FAQ telling collectors that we can or should return them, whether there is or is not a credit for doing so.

  • ProofCollection
    ProofCollection Posts: 8,052 ✭✭✭✭✭
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    Here is the link to the information for returning NGC labels: https://www.ngccoin.com/news/article/4438/label-buyback-program-/

  • logger7
    logger7 Posts: 9,858 ✭✭✭✭✭
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    It's too bad there isn't a way to upload scans of the labels.

  • MetroD
    MetroD Posts: 2,568 ✭✭✭✭✭
    edited June 24, 2025 11:21AM
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    @ProofCollection said:

    I would be happy if they would just post a sentence or two in a FAQ telling collectors that we can or should return them, whether there is or is not a credit for doing so.

    According to @PCGS_Hy in APR-2025, PCGS pays a $0.50 credit for each returned label.


    Reference: https://forums.collectors.com/discussion/comment/13893562/#Comment_13893562

    Adding this information to the PCGS FAQ page sounds like an excellent idea. :)

    Edited to add screenshot.

  • TexasYN2024
    TexasYN2024 Posts: 6 ✭
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    As a YN many of these responses are very disturbing and disappointing to me. What happened to simply "doing the right thing"?

    Part of the service we pay PCGS and all third party grading for is data, and the pop reports are a tremendously important part of that data. PCGS can only provide the data they're aware of. Pop reports are more beneficial to collectors than anyone else in the hobby or business. Regardless of personal "wants" we should all be doing everything we can to see the pop reports are as accurate as possible. We should all be caring about each other!

    It really saddens me to read there are so many "collectors" that feel they should be compensated for returning a label they chose to remove from a holder. What about your responsibility to your fellow collectors? What about your integrity? What about simply doing the right thing for the betterment of everyone just because it's the right thing to do? The self-centeredness and selfish greed is disgusting.

    In my opinion anyone holding tags from coins they cracked out should be ashamed of the service you're depriving your fellow collectors of!

    Rare Coin Wholesalers hoarding 13,535 inserts...they should be banned for life from being a dealer!

  • SoCalBigMark
    SoCalBigMark Posts: 2,851 ✭✭✭✭✭
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    Russ had quite the pile.

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