To crack or not to crack that is the question.
ICOLLECTINEEDHELP
Posts: 34
Is it better to face the possibility of extreme prejudice? Or, just crack that sucker out and submit it to whom you will.
It seems to me there is a perception out there that certain grading companies are somewhat prejudiced about the other's grading methods.
So, do you think it is better to crack a coin out of it's holder and submit it "raw" to one of the others, or attempt a crossover in the holder it came in?
Next question:
This is a perception of mine. How many of you have ever submitted a "raw" coin that you are really sure makes the grade, and actually gets the grade it deserves?
How many have submitted a coin that meets the top grade known, and actually received that grade?
I want to thank all of you for everything you've posted in these forums. Even with 45 years of "collecting" behind me, I've learned a great deal since I've been here(1 month).
You can teach an old dog new tricks!
You guys are great!
Thanks!
It seems to me there is a perception out there that certain grading companies are somewhat prejudiced about the other's grading methods.
So, do you think it is better to crack a coin out of it's holder and submit it "raw" to one of the others, or attempt a crossover in the holder it came in?
Next question:
This is a perception of mine. How many of you have ever submitted a "raw" coin that you are really sure makes the grade, and actually gets the grade it deserves?
How many have submitted a coin that meets the top grade known, and actually received that grade?
I want to thank all of you for everything you've posted in these forums. Even with 45 years of "collecting" behind me, I've learned a great deal since I've been here(1 month).
You can teach an old dog new tricks!
You guys are great!
Thanks!
I should say " My wife thinks I need help."
0
Comments
what is the motivation for doing it?
for the 3rd world slabs, it is a no brainer
for ANACS and ICG, it depends on what is on the slab
and what you want to be on it
-- there are some varieties that ANACS has on their slab, where it would not be worth the cost
of getting the same on a PCGS slab
for NGC/PCGS we are back to
how well do you grade
and upside ve downside
keep in mind, if it is close, since they can not see the edge or possible problems on the edge
they will pass
which is why a crack-out has a slightly better chance of crossing than a slab
but with the crack-out an occasional no-grade may be found
<< <i>I think it really depends on the coin and how much is at stake if you crack and then have a problem coin. With mine I would rather have a holder than no holder so I tend to try crossovers. It also depends on the coin and the reason for submission, whether selling the coin or for my collection. A commonly counterfeited coin is better in any holder than no holder. >>
Boy, thats nothing to laugh at!! Mind if I inquire as to which particular coin/date/MM, etc???
<< <i>My last crack I turned a $ 3500 coin into a $ 375 coin....lol... >>
your crack out only changed the perception of value, the coin should have remaind unchanged..........
Having never cracked a coin out of a holder and submitted it I don't think I'll start now. I just send them in for crossover /or for a 'minimum grade' that I select on the submission form, in the event that I think the coin will upgrade.
I personally think if a coin is worthy of a PCGS holder, it's not worth cracking out. Let the pros do the dirty work. Why risk hurting yourself ? If I'm going to let them push the car, they can push it and I will steer.
Joe
``https://ebay.us/m/KxolR5
If you choose to crack, be very confident in your coin. There are many sad stories to read if you poke around, about bodybags.
Lance.
what is the motivation for doing it?
for the 3rd world slabs, it is a no brainer"
Motivation? To make sure that the coin, either for sale or collection, has the highest value possible. Most of the time that means a PCGS holder. I don't want to be disappointed 15 years from now
if I sell my collection, only to find out that half don't meet PCGS standards. If I find the rejects now I can sell and replace them.
Next question:
This is a perception of mine. How many of you have ever submitted a "raw" coin that you are really sure makes the grade, and actually gets the grade it deserves?
How many have submitted a coin that meets the top grade known, and actually received that grade?
That seems to be the direction of consensus unless the coin is grossly misgraded, and sometimes even then.
I am leaning toward that choice.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
if I sell my collection, only to find out that half don't meet PCGS standards. If I find the rejects now I can sell and replace them.
if that is the case, just buy them and keep them in PCGS slab
the reason you get 'bargain basement prices' on coins in other slabs, is they are bargain basement coins compared to PCGS
the new PLUS grading will make it even more so
you have to be a rather good grader to be able to consistently be able to know how PCGS grades the series
even comparing JUST NGC and PCGS on a few series, you can some can tell
this will get this designation from NGC and this will get from PCGS
and it will be worth $XX in this and $XX in that
there arre some very astute people around here and as an example
with 50's-70's proof/SMS coins
they know which service to send a particular coin to be able to maximize value
because of the grade/designation
so when buying your coins, don't buy by the cover - actually look at the coin, and make sure the cover fits