Painful crossover lesson learned

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Robgetty
Robgetty Posts: 1,112
in PCGS Set Registry Forum
I had planned on adding a few nice coins to my complete US Type set that were in NGC slabs,
and got all of the coins handed back to me without crossing. 1872 $1 Gold in NGC MS61, 1872
25 cent in NGC MS61, and 1872 $1 Silver in NGC MS60.
The Seated Lib Dollar is going to come back to haunt me. I bought it raw from Heritage 2 years ago
as a MS 61, then when I sent it in to NGC (Before I started my Registry Set) it came back as a 60.
So if it doesn't cross as a 60, PCGS must think it is circulated, right?
I guess that the lesson I've learned out of this is until I gain better experience at grading, I should
stick to buying stuff that is already in a PCGS holder. I can't afford to buy raw coins that look nice and
get stuck when I try to get them slabbed later.
On a happy note, just found a beautiful white 1872 25 cent proof 61 (PCGS) for my 1872 set.
23 coins down, only 7 left to complete the non gold 1872 coins! (all mint marks and proofs)
(It will be quite a while until I have the money to start adding proofs and multiple mint marks to my
1872 gold coins!)
Robert Getty - Lifetime project to complete the finest collection of 1872 dated coins.

Comments

  • tjkillian
    tjkillian Posts: 5,578 ✭✭✭
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    I would not feel too bad as your experiences are being experienced by many folks, including me. Your MS-60 dollar might not actually be circulated, but PCGS would like to net grade it lower probably because of excess marks. Take them to the Long Beach show and ask David Hall for his opinion directly.

    Tom
    Tom

  • Steve27
    Steve27 Posts: 13,284 ✭✭✭
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    The lesson learned by most people here is to crack them out first and then submit them.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • EVillageProwler
    EVillageProwler Posts: 5,856 ✭✭✭✭✭
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    The lesson learned by most people here is to crack them out first and then submit them.

    This is the lesson I've learned, but cracking it out comes with a different set of risks, like severe downgrading or BB'ing (if the coin was somehow borderline in some aspect).

    Be careful...

    EVP

    How does one get a hater to stop hating?

    I can be reached at evillageprowler@gmail.com

  • STEWARTBLAYNUMIS
    STEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
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    my advice is to stay away from so-called marginal uncs.Instead,step up to the plate and collect choice and very choice uncs.I mean ms 63 and ms 64 already in PCGS holders

    Stewart
  • RELLA
    RELLA Posts: 963 ✭✭✭
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    Sound advice from Stewart...MS60-MS62 coins are often not as nice (eye appeal, marks, etc.) as their AU58 counterparts.

    1872 is a nice year to try to complete...very challenging but not impossible. I recently passed up the opportunity to pick up an NGC VF25 1872-S Quarter...wonder when I'll see one of those in that range again.

    RELLA
    Do not fall into the error of the artisan
    who boasts of twenty years experience in his craft
    while in fact he has had only one year of experience...
    twenty times.
  • IrishMike
    IrishMike Posts: 7,737 ✭✭✭
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    All good advice so far, one other thought though, why don't you open up a registry set at NGC?
  • Lakesammman
    Lakesammman Posts: 17,696 ✭✭✭✭✭
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    Mike:
    How can you suggest such a thing on the PCGS board??image Are you posting between loans??
    Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.
  • IrishMike
    IrishMike Posts: 7,737 ✭✭✭
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    Tim I know you can relate to his pain. You also know me, I am always trying to be helpful. image
  • Robgetty
    Robgetty Posts: 1,112
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    I'll agree to the comment on AU58's often being nicer than MS-60's. I'm casually putting an AU-58 set
    of 2 cent pieces together; usually if someone submits a 58, then it must have great eye appeal to have
    them thinking it was going to grade higher.
    I guess that I would be scared to crack a coin out of the slab before sending it in; it really would be a
    shocker to have it come back much lower.
    Yes, buying nice strong 63-65 level coins would be great, but I'm on a bit of a budget limitation. I've only
    paid $1,000 or more once for a coin (AU-50 $10 gold 1872-S), and there was some SERIOUS negotiation
    with my wife over that one!!
    Robert Getty - Lifetime project to complete the finest collection of 1872 dated coins.

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