Home U.S. Coin Forum

I think I'm happy with my latest crossover submission...should I be????

GoldbullyGoldbully Posts: 18,108 ✭✭✭✭✭
I will say one thing about my 33% successful crossover.

The odds of an NGC graded MS62 1826 CBH crossing over to PCGS is quite remote from what the coin pundits tell me.

I attribute this 'major' PCGS crossover to one Mr. Julian Leidman, who sold me this gorgeous CBH at the Whitman show in Baltimore earlier this year.

This man knows numismatic quality, accuracy, and grading standards.....One can learn a lot from his magic eye!!!

OK, your comments are most welcome....am I crazy to be happy with 33% success on NGC to PCGS crossovers??

One more thing...."Altered Surfaces" on a slabbed NGC coin....SHEESH!!!! image


image

Comments

  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    Happy that 2 crossed image
    Ed
  • BarndogBarndog Posts: 20,518 ✭✭✭✭✭
    it is not uncommon to see altered surfaces, damage, scratched, nicked, cleaned, etc on crossover attempts. Glad you are happy with the results!
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    your results might be a bit more useful for discussion if you gave the grades/service of the coins you submitted which are listed as DNC. also, which level did you use, economy or regular??

    my experience tells me that AU58 and low end MS grades are perhaps the easiest to cross in the other holder. coins graded MS64 and higher tend to be more difficult to cross in the holder, although they seem to do just fine for me when i crack them and submit them raw. i have always felt that with a higher graded coin PCGS(or any TPG with some type of guarantee) is less reluctant to crack the holder, so the coin needs to be an absolute "can't miss" to cross.


  • << <i>your results might be a bit more useful for discussion if you gave the grades/service of the coins you submitted which are listed as DNC. also, which level did you use, economy or regular?? >>



    You results might be a bit more useful for discussion if you showed the actual coins.
  • GoldbullyGoldbully Posts: 18,108 ✭✭✭✭✭


    << <i>your results might be a bit more useful for discussion if you gave the grades/service of the coins you submitted which are listed as DNC. also, which level did you use, economy or regular??

    my experience tells me that AU58 and low end MS grades are perhaps the easiest to cross in the other holder. coins graded MS64 and higher tend to be more difficult to cross in the holder, although they seem to do just fine for me when i crack them and submit them raw. i have always felt that with a higher graded coin PCGS(or any TPG with some type of guarantee) is less reluctant to crack the holder, so the coin needs to be an absolute "can't miss" to cross. >>



    Dear Keets,


    I used Regular Service.

    Coin #1 NGC AU50

    Coin #2 NGC AU55

    Coin #3 NGC MS62

    Coin #4 NGC AU55

    Coin #5 NGC AU55

    Coin #6 NGC AU58


    Any other details you need????

    GB

  • GoldbullyGoldbully Posts: 18,108 ✭✭✭✭✭


    << <i>

    << <i>your results might be a bit more useful for discussion if you gave the grades/service of the coins you submitted which are listed as DNC. also, which level did you use, economy or regular?? >>



    You results might be a bit more useful for discussion if you showed the actual coins. >>




    Sorry, no pics....still enroute from Newport Beach.

    Will TrueView both crossovers!!!

    Will post pics of the NGC returns as soon as I can.

    GB
  • BarndogBarndog Posts: 20,518 ✭✭✭✭✭
    when you studied the coins closely, did you think the DNC coins were "mortal locks" or were you taking a shot (we all take shots, right?)
  • This content has been removed.
  • BochimanBochiman Posts: 25,625 ✭✭✭✭✭
    2 problems I see.
    1) These coins don't have gold so they don't fit your name. Please sell them or change your name. Thank you.
    2) My coins were received 10/3/08 and aren't done yet. Obviously yours were holding mine up. That was a problem. Thank you.
    image

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • GoldbullyGoldbully Posts: 18,108 ✭✭✭✭✭


    << <i>when you studied the coins closely, did you think the DNC coins were "mortal locks" or were you taking a shot (we all take shots, right?) >>



    Hi Barndog,

    Half and half......they looked like locks to me, but from past results.....I feel like I was taking a shot as you say!!!

    The MS62 coin that crossed really surprised me.

    It's got that toning that PCGS sometimes sees as altered surfaces.

    Can't wait to TrueView and post here!!
  • BarndogBarndog Posts: 20,518 ✭✭✭✭✭
    I have had "shot" coins that were rare die marriages, but I have asked for cross at any grade with very good success. Worst "downgrade" was AU-55 at NGC to a PCGS AU-50. Coin didn't lose any value though as it is a rare die remarriage in a rather thinly-collected series...at least that's my opinion.
  • GoldbullyGoldbully Posts: 18,108 ✭✭✭✭✭


    << <i>2 problems I see.
    1) These coins don't have gold so they don't fit your name. Please sell them or change your name. Thank you.
    2) My coins were received 10/3/08 and aren't done yet. Obviously yours were holding mine up. That was a problem. Thank you.
    image >>




    Bochiman....you are some comedian!!!!

    1) OK OK, Silverbully does not seem quite right!!! No, I will not change my name, sorry!!! Thank you too!
    2) Did you include a $50 green crisp bill in the box for the graders???? Uh Huh!!! You'd be amazed at how the box moves in the chain of grading!!!

    image

  • IMHO, I would advise a great deal of joy with a 33% crossover rate of NGC to PCGS. My own rate is about 20-25%, and yes, I've had the old "altered surface" sticker placed on the NGC slab on its return.

    Although it is true that no TPG service is perfect, what I've learned is that, basically, NGC sucks.

    There's a whole conspiracy of illusion promulgated by a number of dealers and the ANA image whereby NGC is touted as "equal" to PCGS. Coins in NGC holders in grade X are sold at a "bargain" price of 10% below the PCGS retail value, when frequently they are a full grade lower (and hence worth half the price), or worse, of BB quality.


    Ces't La vie...
    "Discipline is never an end in itself, only a means to an end."
  • ElcontadorElcontador Posts: 7,720 ✭✭✭✭✭
    The cross rate means nothing in itself. What is interesting is that you were able to cross CBHs. Anyone familiar with this series knows that NGC has overgraded quite a few of these coins in Unc. That's why NGC coins in, say MS 65 bring far less money than their PC counterparts. Pop reports tell you why; NGC has far more of them in 5 than PC, because in the past, they graded them more leniently.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • PCcoinsPCcoins Posts: 3,354 ✭✭✭
    PCGS is 100% perfect, anytime I receive an NGC coin I immediately cross to pcgs!
    "It is what it is."
  • 33% is a good success rate- mine is closer to about 12.5% (7 of 8 crossed at lower grades, 1 upgrade from NGC 61 to PCGS 63). All were Capped Bust Half Dimes.
    "College men from LSU- went in dumb, come out dumb too..."
    -Randy Newmanimage
  • JCMhoustonJCMhouston Posts: 5,306 ✭✭✭
    I think you'll have much better luck if you crack them out first. PCGS has a very difficult time looking through NGC plastic. I have personal knowledge of a NGC 64 18th c. piece (1774 British 1/2 penny) that was submitted in it's NGC holder and did not cross. It was cracked out of the NGC plastic and submitted raw. It now resides in a PCGS 64 holder.
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭


    << <i>your results might be a bit more useful for discussion if you gave the grades/service of the coins you submitted which are listed as DNC. also, which level did you use, economy or regular?? >>



    Economy has a $300/coin limit, which would exclude an MS62 CBH.
  • Steve27Steve27 Posts: 13,275 ✭✭✭
    "I think I'm happy with my latest crossover submission...should I be????"

    No, what a waste of money!
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • darktonedarktone Posts: 8,437 ✭✭✭
    I would crack them out. It sometimes takes two or three tries before you get the grade.
  • partagaspartagas Posts: 2,056 ✭✭✭
    <<<I think I'm happy with my latest crossover submission...should I be????"

    No, what a waste of money! >>>


    I totally agree. Regardless of the plastic the coins are still the same! You could of saved cash and bought new coins instead of chasing plastic.

    But to each his own, I guess.
    If I say something in the woods, and my wife isn't around. Am I still wrong?


  • << <i>I think you'll have much better luck if you crack them out first. PCGS has a very difficult time looking through NGC plastic. I have personal knowledge of a NGC 64 18th c. piece (1774 British 1/2 penny) that was submitted in it's NGC holder and did not cross. It was cracked out of the NGC plastic and submitted raw. It now resides in a PCGS 64 holder. >>



    Been there, done that...

    CBH from NGC 64 submitted raw came back PCGS 63. Resubmitted for upgrade, came back with no change. Resubmitted raw, came back with "questionable color."

    Obviously, one can't detect a trend from one or two stories. But one should beware. And hope for a little luck...image
    "Discipline is never an end in itself, only a means to an end."
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭


    << <i><<<I think I'm happy with my latest crossover submission...should I be????"

    No, what a waste of money! >>>


    I totally agree. Regardless of the plastic the coins are still the same! You could of saved cash and bought new coins instead of chasing plastic.

    But to each his own, I guess. >>



    I totally disagree. Not only does the PCGS holder showcase most coins
    infinitely better, but the market value of a PCGS CBH in the same grade is
    usually higher.
  • Koolaid alert.......................PCGS, NGC, ANACS......if you know how to grade and you have an eye for quality.....doesn't matter what plastic the coin is in. Note: This comment is for all of the NGC sucks folks.....keep shelling out your hard earned money for a certain type of plastic if you like as it's a free country image
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭


    << <i>Koolaid alert.......................PCGS, NGC, ANACS......if you know how to grade and you have an eye for quality.....doesn't matter what plastic the coin is in. Note: This comment is for all of the NGC sucks folks.....keep shelling out your hard earned money for a certain type of plastic if you like as it's a free country image >>



    That's right, it is a free country. Anybody can be a sanctimonious jerk on an Internet forum.


  • << <i>Koolaid alert.......................PCGS, NGC, ANACS......if you know how to grade and you have an eye for quality.....doesn't matter what plastic the coin is in. Note: This comment is for all of the NGC sucks folks.....keep shelling out your hard earned money for a certain type of plastic if you like as it's a free country image >>



    I disagree. I know how to grade for the most part. I'm just not very good at marketing, and having a coin graded by a highly reputable company makes it that much easier for me to market the coin.


  • << <i>

    << <i>Koolaid alert.......................PCGS, NGC, ANACS......if you know how to grade and you have an eye for quality.....doesn't matter what plastic the coin is in. Note: This comment is for all of the NGC sucks folks.....keep shelling out your hard earned money for a certain type of plastic if you like as it's a free country image >>



    I disagree. I know how to grade for the most part. I'm just not very good at marketing, and having a coin graded by a highly reputable company makes it that much easier for me to market the coin. >>



    I agree with you disagreement!

    The bottom line is that no one would care if the values between the grades were much narrower. Yes it's true that the coin is the same regardless of what type of plastic it's in, but the "market value" is widely different between PCGS, NGC , and a raw ?problematic coin. Who wants to pay premium money for a coin that won't be considered premium when it comes time to sell? Yes the collector in me will enjoy the coin either way, but why should I pay $5000 for a coin that will have a market value of $2500 becasue of the plastic?
    "Discipline is never an end in itself, only a means to an end."
  • Keep drinking boys.....image

    I sure am glad I buy coins cause I like them....I must be nuts......market value should drive everything image

    So if I buy an NGC coin that's accurately graded for 80% of the PCGS price and I decide to sell it and I get 80% of what an equal PCGS coin would sell for......what am I losing by owning a coin in NGC, Anacs, ICG plastic? It still comes down to the coin.....all of the top TPG's undergrade, overgrade, accurately grade, BB good coins, holder bad ones.....

    If you like PCGS plastic....more power too you image
  • darktonedarktone Posts: 8,437 ✭✭✭


    << <i>I would crack them out. It sometimes takes two or three tries before you get the grade. >>



    This statment is only true if you can grade- if you don't have the skill don't try cracking anything but walnuts. image


  • << <i>I will say one thing about my 33% successful crossover.

    The odds of an NGC graded MS62 1826 CBH crossing over to PCGS is quite remote from what the coin pundits tell me.

    I attribute this 'major' PCGS crossover to one Mr. Julian Leidman, who sold me this gorgeous CBH at the Whitman show in Baltimore earlier this year.

    This man knows numismatic quality, accuracy, and grading standards.....One can learn a lot from his magic eye!!!

    OK, your comments are most welcome....am I crazy to be happy with 33% success on NGC to PCGS crossovers??

    One more thing...."Altered Surfaces" on a slabbed NGC coin....SHEESH!!!! image


    image >>

    what does DNC mean?
  • GoldbullyGoldbully Posts: 18,108 ✭✭✭✭✭


    << <i>

    << <i>I will say one thing about my 33% successful crossover.

    The odds of an NGC graded MS62 1826 CBH crossing over to PCGS is quite remote from what the coin pundits tell me.

    I attribute this 'major' PCGS crossover to one Mr. Julian Leidman, who sold me this gorgeous CBH at the Whitman show in Baltimore earlier this year.

    This man knows numismatic quality, accuracy, and grading standards.....One can learn a lot from his magic eye!!!

    OK, your comments are most welcome....am I crazy to be happy with 33% success on NGC to PCGS crossovers??

    One more thing...."Altered Surfaces" on a slabbed NGC coin....SHEESH!!!! image


    image >>

    what does DNC mean? >>



    Did Not Cross

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file