Cross Over Poll, To Crack or Not To Crack

DenverDave · June 23, 2005 12:48AM

Please feel free to post your thoughts on the subject...

DenverDave · June 23, 2005 9:43AM

Looks like 60% are in favor of cracking out and submitting...

I'm Interested in finding out why...

Do you that voted crack out not think PCGS would give a PCI slab a fair shake...?

Or it's better not to tip your hand...?

Or other reason(s)...?

VAMs4U2BuyHere · June 23, 2005 10:26AM

Submitting a coin in another TPG's slab can only result in one thing... potential bias.

Submit the coin raw and you will get what you have paid for, an unbiased, subjective opinion of the coin itself.

JMHO

lordmarcovan · June 23, 2005 10:28AM

If you aren't that concerned about "+ or -", and just want the coins in PCGS plastic, perhaps it is best to crack out.

For the "it's better not to tip your hand" reason, I would say.

But if there is any risk of the coin bodybagging at PCGS, maybe you should submit them in the holders. You mentioned these were toned Morgans. Since there is a risk of artificial toning on these, you might be better off submitting them in the PCI holders and taking your chances. (Worst-case scenario there is you get the coin back in the PCI holder and eat the grading fees when it doesn't cross).

If you crack 'em out, though, you end up with a raw coin in a bodybag if it's artificially toned or whatever.

PCI gold versus raw. Not that big a difference. I would probably crack out (that is what I voted) but it depends on how much the PCI plastic is worth to you.

BTW- that Aethelred II penny in your icon picture? I have held it in my hand. It's in an ICG AU55 holder now.

DenverDave · June 23, 2005 10:05PM

Thanks for Voting and the "sage" advise my friends...

<< <i>But if there is any risk of the coin bodybagging at PCGS, maybe you should submit them in the holders. You mentioned these were toned Morgans. Since there is a risk of artificial toning on these, you might be better off submitting them in the PCI holders and taking your chances. (Worst-case scenario there is you get the coin back in the PCI holder and eat the grading fees when it doesn't cross). >>

That was my first thought as they are toned and this will be my first submission...

I'm 95% there NT and purchased from a very reputable dealer who specializes in toned coins...

I like the idea of slabs, not so much the "status" but for labeling & protection as there handled a lot...

That said I do prefer the status, look and resale potential of the PCGS Slabs, plus they fit my collection better..."-)

Here are two examples, what do you think...?

Steve27 · June 23, 2005 10:10PM

I need to see the reverses before offering an AT/NT opinion.

DenverDave · June 23, 2005 10:29PM

Here are the reverses, same order as above...

Thanks for looking...

ddink · June 24, 2005 12:15AM

I never did understand how people trust PCGS to grade raw coins, but if the coin is in a slab PCGS will suddenly be seized with a fit of bias and DNC it. However, that's apparently the way the game is played, so I defer to those with more experience in such things than I myself have.

magikbilly · June 24, 2005 12:55PM

TTT, and I am thinking maybe AT as well? The color shifts, and the lack of color change or toning change close to the devices and such due to the differences in the metal from striking seem odd for such deep color, the colors too splotchy. But, I am no Morgan Tone Expert - so I TTT this

I'd like to know myself!

Billy

I think this post got "lost" this morning.......

magikbilly · June 24, 2005 1:06PM

<< <i>crack and send. Lean towards nt >>

I was leaning that way myself, but something just doesn't look right - to me anyway. Could be the pics, could be me

Billy

Myqqy · June 24, 2005 1:15PM

Why do you want to spend a chunk of change for a plastic change?

PerryHall · June 24, 2005 6:08PM

<< <i>Submitting a coin in another TPG's slab can only result in one thing... potential bias.

Submit the coin raw and you will get what you have paid for, an unbiased, subjective opinion of the coin itself.

JMHO >>

There are many past threads on this subject. I've heard too many stories about people trying to cross a coin and when it didn't work they would crack it out and then it would cross and sometimes upgrade.

BigD5 · June 24, 2005 8:08PM

I guess the answer depends on your objective.

First, what type of PCI slab are they holdered in? Old green slabs? Newer gold slabs? Makes a difference.

Unless you are planning on selling, I wouldn't bother with the expense of having the coins regraded.

They will sell better in a pcgs or ngc holder, IF they are in pci gold label holders, so that would be the time I would consider changing holders. I wouldn't waste my money, until then. Even then, you may even be able to sell the coins raw and reach good levels with the coins, if they are pretty enough. If the majority of the coins grade ms/62-ms/64 and have similar color to what's imaged, I probably wouldn't bother cracking them out either way. They'll sell on their own merits, or should.

All that said, the coins you imaged look ok from the pic's. The second coin looks a bit splotchy, but probably still ok. Again, from the pic's.

DenverDave · June 24, 2005 11:37PM

I have about 15 Toned Morgan's graded by the lower tier TPG's that I'm considering crossing, all are as good or better then posted...

The two posted are PCI "Gold" @ MS64, what's the difference between the "Old Green" & "Gold"...?

It's been said " buy the coin in the holder you want from the jump" with Toners that's no so easy as each is so unique and another the same will not be available later, maybe better, maybe worse but no the same...

The more I think about it ( with all the great help from the board "-) the more I'm thinking, just leave them and be happy...

It's not a great deal of money, just the legitimacy and uniformity to the rest of my collection that PCGS will bring...

Here are photos of the slabs, any more comments on AT or NT...?

Cross Over Poll, To Crack or Not To Crack

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