My PCGS Submissions!
Goob
Posts: 260 ✭✭✭✭
I have three submissions coming through, a crossover (NGC to PCGS), a 5-Coin US, and a World Coin. The crossover arrived today!!
Both coins were probably not the smartest decision but they are coins that I really love and I’m really happy to see that they BOTH crossed! 
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I’m glad for you that the coins crossed. However, the cost to do so amounted to a high percentage of the coins’ values.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I used vouchers so it was really only around $10 per coin
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Good job! Keep us posted on the other grades and how you do with them also.
I usually keep all the old tags with the coins when I crack and regrade, or cross over. Regular clear packing tape folded over so it gets both sides with one piece of tape (cheap, thin laminate) and then trimmed close to the label edges works well to protect them. A small piece of rolled scotch tape and they stick to the back of the PCGS holder easily and are always close at hand (and easily removable).
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
That discounts the possibility that the vouchers could have later been (better) used for other submissions of higher value.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
All things considered those were probably the best-tier coins I could possibly buy
I also just wanted those coins in new holders
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One last try..then why not buy such coins - which, by the way, look quite nice - already in their PCGS holders?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
The Morgan I bought before I had graded stuff on my mind (back around 2021-22) and the Walker I got just because it was really nice and it was only like $40 a few years back so I mean I didn't really have much to lose on either; it was also graded via voucher back when I had an NGC membership.
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Two straight crosses are good.
Vouchers aren't free. Don't fall for that. The membership is the cost of the vouchers.
All comments reflect the opinion of the author, even when irrefutably accurate.
So you paid $80 to slab a $70 coin. That means you are $120 in to a $70 coin.
Now, it's your money and you're right to do whatever you wish. There are also worse ways to spend money. But please make sure you're playing the game you want to play and not somebody else's game.
All comments reflect the opinion of the author, even when irrefutably accurate.
I think it's worth it if I personally enjoy the coin. I'm not looking to sell anything, just enjoy what I've got
Also for the prior comment, I know they're not free, as I still have to pay for shipping, insurance, additional things such as TrueView, etc. but it's still $40 less I gotta pay
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Regardless of how you wish to perceive this you paid for the vouchers when you bought either the gold or platinum level services vs the silver level with no vouchers. The gold level costs $149 vs $69 for the silver, an $80 upcharge which works out to $20 per voucher. Add in all the other costs (shipping, handling etc.) and it still cost you close to $40, then multiply that twice since you did the same at NGC and you now have $80+ in grading fees for a walker that is worth half that.
If you are happy great, but it was not good money management.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
>
What does crossing the coins have to do with enjoying what you have?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
They’re both coins I liked, and the Morgan, for example, was in a holder too scuffed for me to enjoy, so I got it crossed over
I also really didn’t want to sell them, as they’re both coins I think hold some sort of specialty to me, so the only thing to do was either recase them, which IMO NGC slabs scratch far too easily (no hate towards them, I just like my holders to have as few scuffs as possible) and so PCGS was my best bet.
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Lol, everyone picking on Goob for having fun wrong.
I agree @Morgan White. If coin collecting is supposed to be about enjoyment and having fun, what's wrong with what @Goob did? You go @Goob. Crossover whatever you want. If it makes you happy, go for it.
Obviously, Goob should have asked @MFeld and the rest of the peanut gallery for approval before making any decisions about his collection. I can only pray that he has learned his lesson.
Nothing is as expensive as free money.
Just because a number of us pointed out the true cost of the crossovers doesn’t mean we were telling @Goob he was having fun (or doing something) wrong. I hope that enjoying the hobby is number one on the priority list. Better yet, that it be informed/knowledgeable enjoyment.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
With all due respect, i think you're still missing the point. Those vouchers were not "free". The cost of your membership was partially offset by the vouchers.
Anyway, if you're happy that's fine. But your approach is a little costly. I think a lot of people are enticed into buying premium memberships by these "free" vouchers. 🤷♂️
Lol. I told him that whatever he wants is fine. But he does seem to be ignoring the real costs and we were just trying to clarify it for him.
All comments reflect the opinion of the author, even when irrefutably accurate.
I mean as I mentioned I know they aren’t free, but at least its less money I gotta pay
I mean $40 to submit one coin is a bit outta my budget yknow? I’d rather have more to spend on coins! The vouchers just make it less of a pain
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That's the point. You PAID $40 to submit one coin. The voucher costs you the price of membership.
I don't have a PCGS membership right now. Why? Because I don't have enough coins to submit, so I submit through a dealer. When I have enough coins, I buy a membership to get the vouchers. But it saves me nothing.
All comments reflect the opinion of the author, even when irrefutably accurate.
Fair enough
at least it was worth it to get my lone gold coin graded though
...even if it’s been sitting in encapsulation for the past like month
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This is one of my submissions. You’ll notice the damage from a chop mark which doesn’t bother PCGS when it comes to grading. Then there’s this chopped up dollar. I wouldn’t bother submitting, but would probably be VG details (damage).
Enjoy ! Be selective and have fun.
``https://ebay.us/m/KxolR5
The US world coin submission FINALLY passed encapsulation! Thankfully grades aren't posted yet so I can still be surprised when the package arrives, BUT Trueviews are posted!
Once again, probably not the wisest decisions (aside for MAYBE the 1878 7/8TF), but I really love the coins
Guesses:
1885 $1: MS64
1886 $1: MS63
1890: MS62-63 (mainly hoping it doesn't get details)
1957 50C: I honestly don't know but I'm HOPING it gets CAM
1878 7/8TF: AU55, AU58, or MS62 (mainly hoping it doesn't get details)
I'll update this with better images (as I could only download from the submission page, NOT the TrueView page so the images are bound to be blurry)
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Your 1957 half dollar certainly looks Cameo.
What’s your concern with the 1890 dollar?
Good luck.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
The 1890 may or may not have been originally "slabbed" by NGC (but they didn't feel like slabbing it) and they called it obverse shipping. I personally disagree because both sides IMO genuinely look pretty much the same with luster and there's really no excess hairlines, so I think it shouldn't really be that bad. (at least I got most of my money back from NGC!)
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Not everything must have a bottom line on some expense spread sheet (@MFeld @Cougar1978).
As Mr. M. White points out, please let Goob have some fun.
I never said otherwise. As I posted previously:
Just because a number of us pointed out the true cost of the crossovers doesn’t mean we were telling @Goob he was having fun (or doing something) wrong. I hope that enjoying the hobby is number one on the priority list. Better yet, that it be informed/knowledgeable enjoyment.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
There is a lady on this forum (I won't divulge her identity other than to say she buys and sells pennies) who posts wonderful and entertaining threads on coin shows. She frequently will feature bottles of wine and scrumptious meals at famous steak houses throughout the country. These are not cheap or inexpensive. Not a single member here, including MFeld mocks her for the choices she makes.
The takeaway: Please, let the Goob be a Goob and enjoy this hobby as he sees fit.
And now, we got the last trueview! This is for the third submission, the singular world coin!
My one and only gold coin, Russian 5 Rouble 1904
The value of this pretty much doubled since I first purchased it a little over a year ago...
@MFeld , what do you think?
On another note, AI (Microsoft Copilot) called the 1885 Morgan from my US submission an MS64. Let's see if they're right once I get the submission back!
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No one has mocked @Goob, and as far as I know, all of us want him to enjoy the hobby, however he sees fit. Pointing out the true cost of submissions - something that he might not have been aware of - isn’t inconsistent with that. And whether you see it this way or not, a number of us have tried to help him navigate the hobby, without telling him he should do so any particular way.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
MFeld, I wouldn't be scolding you other than you being an esteemed member of this board and your words have meaning. Also, your tone.
(You came off a bit condescending toward newbie Goob: "What does crossing the coins have to do with enjoying what you have?")
I do appreciate your explanation though and will take that into account in the future before judging you too harshly.
Regards,
R. Rocket
My question to @Goob “What does crossing the coins have to do with enjoying what you have?” wasn’t meant to sound condescending and I apologize to him if it came across that way.
It was in reply to a post of his, which said, in part “I think it's worth it if I personally enjoy the coin. I'm not looking to sell anything, just enjoy what I've got.” Considering that it was his reply to a post which noted @Goob’s submission cost, it sounded to me as if he was equating a crossover with enjoying the coin. So I asked my question in order to see if that was the case.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I’ll say I’ve appreciated the math lesson on submissions/vouchers/memberships. I haven’t submitted or crossed before and go back and forth between using a dealer or doing so myself (if I ever get around to it) and getting a membership. Goob did what he wanted and hopefully the grades come back nicely for him.
Fo me, I’ll have to figure out what makes the most sense for my collection, which could just be selling what I’ve got and buying what I want in the lower end stuff.
I accidentally looked at the grade of the 1878 7/8TF, it was MS62!!
$300 value (according to PCGS) that I paid $85 for!
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Nice.
I like Franklin halves. Kinda wish we'd go back to that ... maybe swap JFK on the Hundy / cnote, and Franky on the 50c. I know the reverse dont cut it as it needs a bigger eagle - but I like the bell.
Also, I have about 20 various coins pre-1925 - many 19th century, and I KNOW many of them are NOT worth getting slabbed. But these were old coins I got as a kid before I got myself into modern proofs. I may submit them at some point, a few may pay for the overall grading - dunno. It sentimental, I suppose.
Heck, I'm sure many of the moderns I get graded are not worth it - today. But when my nieces get them, it'll help them sell 'em off.
@Goob dont take it to hard. Mfeld does his best to teach us, always.
If you listen to him, he won't steer you wrong.
Student of numismatics and collector of Morgan dollars
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Goobie
Ok, he got the TVs but not the grades? In my experience the grades pop then the TVs a week or two later.
TV images:
crossover PCGS vs NGC images:
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Next assignment, if you're up for it:
See if all those coins will now cross to ICG.
they’d prob grade 1-2 higher lol
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Don't be so sure.
All comments reflect the opinion of the author, even when irrefutably accurate.
Is ICG strict on Morgans and Walkers?
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Not about being strict, about getting it right. ICG might get the grade correct on that 1878 which should be AU.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Strict or lenient or whatever, the point that the vast majority of collectors don't understand is that each TPG (or whatever level of respect you want to accord a company) has its own proprietary grading standards. What one must hope for is that the TPG adheres to those standards in a consistent manner. Very few collectors, and this includes many, many collectors you will read on this board, understand that fact. How the market accepts and reacts to those standards is key. Currently, the market values PCGS and CACG the most, in my opinion and experience and over the most broadly defined term of "accepts", while it gives significant weight to NGC as well. CAC is a different entity from a TPG in this discussion, in my opinion.
In honor of the memory of Cpl. Michael E. Thompson
I mean looking at other 1878 7/8TFs, it looks like it’s most likely comparable to the others
Not that it adds more but Microsoft Copilot agrees lol
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Goob spitt'in truth bombs.
Red approves.