I just cracked out a 9K coin.

saintguru · July 1, 2006 12:21PM

MS64...date undisclosed.

It's so MS65 I can't stand it. In MS65 it's worth ~50K.

Wish me luck...

JRocco · July 1, 2006 12:23PM

You got a brass set---Good Luck

IGWT · July 1, 2006 12:23PM

-- "Wish me luck... " --

Do you feel you need it?

Russ · July 1, 2006 12:23PM

Russ, NCNE

IGWT · July 1, 2006 12:25PM

Who's the man behind the bubble holding all those 50c inserts?

Russ · July 1, 2006 12:26PM

<< Who's the man behind the bubble holding all those 50c inserts? >>

Steve Contursi.

Russ, NCNE

Fletcher · July 1, 2006 12:28PM

I LOVE IT!!! No guts ... no glory

dlimb2 · July 1, 2006 12:28PM

Does your mother know about your plastic addiction...hey whats another $100 when you have a 50k coin!

IGWT · July 1, 2006 12:31PM

-- "I LOVE IT!!! No guts ... no glory" --

Is that a comment on Stguru's crackout or the appearance of Mr. Hall in the picture that Russ posted?

ms70 · July 1, 2006 12:31PM

Good luck! I hope it comes back 65 for you!

saintguru · July 1, 2006 12:33PM

I cracked out a 50K coin twice...a 1908-S MS65 Saint. The was just NO way it would ever downgrade it is so PQ. Of course, it never upgraded either.

This is a no-brainer as far as getting the 64 back...and a 40% shot at a 65 IMO.

Russ · July 1, 2006 12:33PM

<< or the appearance of Mr. Hall in the picture that Russ posted? >>

That was from a press release when Contursi turned in over 13,000 labels from crackouts.

Russ, NCNE

saintguru · July 1, 2006 12:39PM

and they put his picture on the web page like he had found them and was a hero!! He probably has another 20,000. These guys should be flogged. Hell, I have 2 coins where the POPs dropped from 150 to 80! I wish they would all come back.

Russ · July 1, 2006 12:42PM

BTW, he donated the 50¢ per label to, (I think), the ANA YN program and I believe PCGS matched it. That was pretty cool.

Russ, NCNE

Julio · July 1, 2006 12:42PM

saintguru; Good luck. My gut feeling tells me you don't bet your money unwisely. My instinct tells me you did not tell the wife. lol. jws

THE LAW OF PATHEI MATHOS

Zeus, who taught men to think, has laid it down that wisdom comes alone throught suffering. Aesschylus

saintguru · July 1, 2006 12:45PM

<< saintguru; Good luck. My gut feeling tells me you don't bet your money unwisely. My instinct tells me you did not tell the wife. lol. jws

THE LAW OF PATHEI MATHOS

Zeus, who taught men to think, has laid it down that wisdom comes alone throught suffering. Aesschylus >>

the wife? hahhaahaha. If I DID tell her she wouldn't hear me.

Julio · July 1, 2006 12:50PM

the wife? hahhaahaha. If I DID tell her she wouldn't hear me.

This is a joke people. saintguru, oh she would hear you and take your crack pipe away. lol. jws

Stuart · July 1, 2006 12:51PM

SaintGuru: I wish you luck on your resubmission, and hope that the Grading Gods smile kindly upon your Saintly coin and grade her a 65!!

saintguru · July 1, 2006 12:54PM

Thanks Stu. It would be a big upgrade. I already have one 65...I'd probably put this in auction, IF...IF I got the grade.

etexmike · July 1, 2006 1:42PM

I cracked out 2 coins both in the 3K range.

I got almost no sleep until I saw the grades posted. One upgraded and the other got slabbed at the old grade.

That was enough for me.

Best of luck to ya' on the upgrade.

-----------

etexmike

MacCrimmon · July 1, 2006 1:45PM

Just don't reveal the date/mm or certain people will advertise to the WORLD......L@@K, L@@K, that one was just a 64.......

Bryan1315 · July 1, 2006 2:51PM

I tell you I dont know how they are grading saints but the way they are grading Morgans there is no way i would crack out anything to resubmit it because it would probably drop a couple grades even if it was very PQ. Looks like their computer is stuck on MS-64 as soon as they enter that its a Morgan. Heck I dont even send them in the slab trying to get an upgrade, the only thing I send to them is something needing attribution because I know it wont be downgraded. But if it was raw it would play hell coming back the same grade

Coindexter · July 1, 2006 2:59PM

The question I have to ask is:

What's it worth if it comes back as an MS63?

Coinosaurus · July 1, 2006 3:00PM

<< I cracked out 2 coins both in the 3K range.

I got almost no sleep until I saw the grades posted. One upgraded and the other got slabbed at the old grade.
>>

Some things there is just no way they can go down. I never get nervous about cracking those.

jpkinla · July 1, 2006 3:04PM

Good luck and hope its a LUCKY date!

greghansen · July 1, 2006 6:53PM

Good luck! The occassional success on such a venture is one of the great draws of our hobby to those who have spent the time and $ to become educated and knowlegable about their area. I have a good feeling about your submission.

Atlantic · July 1, 2006 7:19PM

Good Luck, Hope it works for ya,,,,,

drddm · July 1, 2006 9:39PM

As people have said on this thread, you have some set on you!!

Good luck and be sure to let us know what PCGS thinks.

fc · July 1, 2006 9:46PM

i think this is a sign of people wishing to sell.
first step, try to upgrade.

bestclser1 · July 2, 2006 12:20AM

<< I cracked out a 50K coin twice...a 1908-S MS65 Saint. The was just NO way it would ever downgrade it is so PQ. Of course, it never upgraded either.

This is a no-brainer as far as getting the 64 back...and a 40% shot at a 65 IMO. >>

Jay,Next time you are in Vegas,lets hit the tables.

XpipedreamR · July 2, 2006 12:23AM

<< The question I have to ask is:

What's it worth if it comes back as an MS63? >>

This one's as safe a bet as they come. The only question is 64 or 65

howboutdemcoins · July 2, 2006 12:31AM

Good luck Saint!! May your wishes come true.

And yes, you do have brass ones!! Of course, if you're really as good at grading as I think you are, I'd have to downgrade them to plastic.

saintguru · July 2, 2006 12:43AM

<< 

<< The question I have to ask is:

What's it worth if it comes back as an MS63? >>

This one's as safe a bet as they come. The only question is 64 or 65

>>

Xpipe saw the coin next to my 65 yesterday. I take that as an affirnation. Don't underestimate his eye. I saw some on his NEWPs and they are gorgeous.

tradedollarnut · July 2, 2006 1:11AM

Ahhhh, the game's afoot.

Last two upgrades I got were after I let the coin go.

PerryHall · July 2, 2006 1:15AM

Why not send it in the holder? Don't you think PCGS will give you a fair review? After all, you claim PCGS is the best TPGS.

saintguru · July 2, 2006 1:20AM

<< Why not send it in the holder? Don't you think PCGS will give you a fair review? After all, you claim PCGS is the best TPGS.

>>

I do think they are. I am almost CERTAIN that NGC would upgrade it, but I want a PCGS coin.

Sometimes it works better to send it in raw. Many theories abound as to why, but with no downside I'll try it.

TDN..same here....SD got them.

MrXing · July 2, 2006 1:24AM

If Jay say coin GOOD, I know it. Am interested to buy.

BillJones · July 2, 2006 1:24AM

<< MS64...date undisclosed.

It's so MS65 I can't stand it. In MS65 it's worth ~50K.

Wish me luck... >>

Good luck.

One thing I've noticed is when there is a BIG jump for ONE grading point, the services get really conservative about giving out that ONE point. As type collector I’ve run into rare date coins in what appeared to be low ball graded holders on a number of occasions. I’d think, “THAT would be a great MS-64 for my type set, but the price, of course, for the rare date is something close to a trip to Mars.

Maybe you will get lucky, but most times the grades on rare dates, where one point would add a mint to the price end up sticking.

And you could get screwed, and I’ve heard some really sad stories about that, but I won’t relate them here.

JRocco · July 2, 2006 1:25AM

There is your 50K JB...

saintguru · July 2, 2006 1:36AM

I know all about it, Bill. I've done my share of submissions. That's why I think the odds are against an upgrade, but a 30-40% shot is worth a few tries. As a footnote, Akers thought it had a good shot at 65. Even as a 65 it's not an ultra-rarity, but a condition rarity. If it was a 1924-S or a 1926-D it would be near impossible, but they have made a few of these in the last few years.

Even if it stays at a 64, I have an extremely PQ64, which will sell at a premium, just as I paid a premium for it.

It will not go down. THAT I am certain of. I know these coins too well.

BillJones · July 2, 2006 1:42AM

<< It will not go down. THAT I am certain of. I know these coins too well. >>

Well don't bet the ranch on it.

I knew a dealer who bought an 1878 dollar, (I forget the variety), in a PR-64 holder because he thought that it would upgrade to PR-65 or even 66. He cracked it out and sent it in, only to have it come back as MS-65, P-L, which was worth a boatload less money.

Naturally he had to crack and try again or lose thousands of dollars. He got the coin back in a PR-64 holder and then blew it off as a bad experience.

So, yea, things can get A LOT worse that you could bargain for with some crack-outs.

saintguru · July 2, 2006 1:45AM

I think the risk with Proofs is much greater than a MS coin. I'd never crack a proof.

dizzyfoxx · July 2, 2006 1:52AM

<< You got a brass set---Good Luck

>>

Brass??? Try "Superman steel"!!!

dizzyfoxx · July 2, 2006 1:54AM

<< I cracked out 2 coins both in the 3K range.

I got almost no sleep until I saw the grades posted. One upgraded and the other got slabbed at the old grade.

That was enough for me.

Best of luck to ya' on the upgrade.

etexmike >>

I'd definitely call that a success story.

holeinone1972 · July 2, 2006 1:56AM

<< 

<< You got a brass set---Good Luck

>>

Brass??? Try "Superman steel"!!!

>>

I am gonna say Platinum set!!!!

dizzyfoxx · July 2, 2006 1:59AM

<< 

<< 

<< You got a brass set---Good Luck

>>

Brass??? Try "Superman steel"!!!

>>

I am gonna say Platinum set!!!! >>

Then I'll go to a Platinum proof DCAM set slabbed in plastic! ...That's quite a pair.

My fingers are crossed for ya.

MrXing · July 2, 2006 2:00AM

Coin froms gold not brass, although have copper.

OffMetal · July 2, 2006 2:18AM

Screw 65, hope it comes back 66

David_R · July 2, 2006 2:25AM

I'm curious... why would you risk cracking out the coin and submitting it as raw rather than just submitting it as a regrade? From the PCGS site:

"Regrade: Use the “Regrade” service for coins previously graded by PCGS that you feel might be worthy of a higher grade. Submit the coins in the holder. Coins are cracked out and graded raw. We guarantee that the coins will not be downgraded. "

...if it does downgrade it becomes a guarantee issue.

The first thing that happens when a regrade goes in is that it is cracked out. The coins are graded raw and obviously the graders don't know the old grade...

When you crack out the coin yourself not only do you risk a downgrade, you more importantly risk damaging the coin! I've heard so many stories of folks cracking out coins for resubmission rather than using regrade service. Knowing how things actually work, I just don't understand why anyone would take the risk..

David_R

smiles72 · July 2, 2006 2:32AM

Saintguru,

I like your balls!!

JM

DennisH · July 2, 2006 2:33AM

Biggest coin I ever cracked out was a 1901 Morgan in PCGS MS62 (about $3800 at the time). I was so nervous it about killed me!

It wasn't as bad the next two times, although my patience had about worn out by that time.

I just cracked out a 9K coin.

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