What are my chances of getting an upgrade

mackdriver · January 30, 2007 3:35AM

I sent in 2 one ounce plats that i felt where perfect 70's.I could not find one thing wrong with them under a 10 x.They both came back 69.If i send them back for a regrade,what do you think my chances are for getting an upgrade or should i break them out and send back raw.

holeinone1972 · January 30, 2007 3:50AM

I would crackem out.

Chances like most things are 50% Either they will or they won't.

Chances are much lower if sent in the slabs.

IMO.

Please let us know what you decide to do, and the results.

storm888 · January 30, 2007 3:57AM

"Chances like most things are 50%. Either they will or they won't."

"Chances are much lower if sent in the slabs. "

/////////////////////////////////////////////

Both views are absolutely correct !

BobGreene · January 30, 2007 4:13AM

What difference does it make? The differences between a 69 and a 70 are so miniscule as to be completely negligble. I'm sure these bullion rounds will still look nice in your collection with either grade.

BECOKA · January 30, 2007 4:19AM

If it is sent for re-grade then the coin is removed from the slab and the graders never see that it was slabbed. There should be no difference by breaking it out. The coin will come back with a different serial number because of this process.

Prethen · January 30, 2007 4:21AM

It will never go 70 unless it's broken out. No respectable grading service will upgrade a 69 from a slab...period.

fastrudy · January 30, 2007 4:21AM

Storm 888:

Either "they will or they won't" does not necessarily mean the chances are 50%. The two choices may have drastically different probabilities.
Consider the statement, "The Pope will declare war on Iceland today". Either he will or he won't, but these two events are not equally probable.

As far as grading coming in as either a 69 or a 70, the population statistics, so far, do not indicate a fifty percent chance.

mackdriver · January 30, 2007 4:24AM

If i sent them in for a regrade in the slabs would i lose the first strike designation on the new holder?

holeinone1972 · January 30, 2007 4:27AM

I stand 100% behind my statement. They either will or they will not. 50% yes or 50% no.

And why the heck is the Pope declaring war on Iceland?

LOL

If you are only holdering these coins for resale later, I would resubmit and hope for a 70. They are worth a consideable amount more in ms70 than ms69. If you say that under 10x magnification you see no blemishes, I say resubmit them. But I would resubmit them raw.

If these coins are yours for the mere collecting aspect, keep em.

Once again these are my simple opinions, and what i would do if in your shoes.

Rob

holeinone1972 · January 30, 2007 4:28AM

<< If i sent them in for a regrade in the slabs would i lose the first strike designation on the new holder? >>

If you send in for a regrade in the 1st strike slabs, you will keep the 1st strike designation, if you crack them out you lose the 1st strike.

Rob

BECOKA · January 30, 2007 4:36AM

Keep in mind that the blemish could be on the edge where you cannot see it in the slab. i.e. it will come back 69 and you wasted $30 in shipping and $14 on grading.

ricko · January 30, 2007 4:52AM

This would indicate a dollar chase, not a collector's pursuit. Cheers, RickO

basestealer · January 30, 2007 4:55AM

Which is worth more, a 69 first strike or a 70 regular? There is no guarantee that you'll get a 70, so it's possible you'll just be trading in a 69 first strike for a 69 regular. Or worse, it might come back a 68. It could just as easily lose a grade as it will gain one. I don't agree that it's a 50% chance. Just because there's 2 choices doesn't mean each one is equally probable. Obviously the population reports prove otherwise--there aren't an equal number of 69s and 70s.

holeinone1972 · January 30, 2007 5:03AM

How many 68's do you see on that report?

basestealer · January 30, 2007 5:05AM

I didn't look, I simply said it's a possibility. The more times a coin is handled, slabbed, busted out of a slab, reslabbed, etc. I would think it eventually would affect it's grade.

WinPitcher · January 30, 2007 5:06AM

Agree with the 50 50 not being correct. It could come back lower for all we know.

Steve

BECOKA · January 30, 2007 5:08AM

<< Agree with the 50 50 not being correct. It could come back lower for all we know.

Steve >>

The beauty of sending it in for re-grade is if it is lower then they will default to the original grade. The only time it will come back lower is if you break it out or send it in for review to be lowered.

Coxe · January 30, 2007 5:12AM

<< What difference does it make? The differences between a 69 and a 70 are so miniscule as to be completely negligble. I'm sure these bullion rounds will still look nice in your collection with either grade. >>

I agree. Such meshuggass. The only ones who should care are those trying to resell for megaprofits and registry idiots. One should not care less about the greed of the former. The latter needs to deal with their insecurities elsewhere. If you like the coin, why care what the tag says? Why even get it certified? It is authentic.

Boom · January 30, 2007 5:43AM

<< Chances are much lower if sent in the slabs >>

While everyone certainly is entitled to his or her opinion regarding that statement, speaking solely from my own personal experiences, I find the exact opposite to be true.

I have had a 50% success rate at regrading higher sent IN THE SLABS.

Not so with crackouts. FWIW.

0% regraded higher.

holeinone1972 · January 30, 2007 5:48AM

<< 

<< Chances are much lower if sent in the slabs >>

While everyone certainly is entitled to his or her opinion regarding that statement, speaking solely from my own personal experiences, I find the exact opposite to be true.

I have had a 50% success rate at regrading higher sent IN THE SLABS.

Not so with crackouts. FWIW.

0% regraded higher.

>>

Wow, so there you go. Once again a 50% chance. LOl

Bite the bullet and do it, or don't. I see more upswing than down, if priofit is the driving factor.

I would submit it in the slab if its first strike, it does BRING MORE $$$$$$$$$$$$$$$$$

clackamas · January 30, 2007 6:26AM

<< How many 68's do you see on that report? >>

1 and its mine!

holeinone1972 · January 30, 2007 6:53AM

<< 

<< How many 68's do you see on that report? >>

1 and its mine! >>

Sorry. So maybe it's 49% 49% 2% then.

What are my chances of getting an upgrade

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