rh287

I am buying the rare 1995 W Silver Eagle NCG PR69 Ultra Cam Silver Eagle at below Numismedia wholesale. Since PCGS Certified 1995 W's SEs sell for abt 30% more, I'm wondering if PCGS will accept the coin for grading while still in the NGC slab.

Or bad idea?..lol

Thanks..

Treashunt

sure, for a crossover, but it had better be NGC and not NCG.

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rh287

Oh its NGC for sure. But I did notice one tiny white spot on reverse field. But it could just be a spot on the slab...really can't tell until I receive it in the mail.
Glad to hear PCGS will remove it from the NGC slab...no way am I going to try it.

Thanks...

LostDutchman

They may, or they may not.

If the coin meets their standards for the crossover they will crack it out and put it in their holder. If not they will send it back to you in the original holder but make sure you make that clear on your paperwork.

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mpcusa

Risky! But worth a try, I have found PCGS to be on the top of
The grading feild in both currency and coins

900fine

I don't mean to split hairs here, but the original question was "will they accept it for grading". Sure; they'll accept anything as a candidate.

I think you meant "will they cross it over into a PCGS slab ?" And the answer is maybe, maybe not. It depends on the coin.

If the same coin in a PCGS slab sells for 30% more, then the marketplace thinks, rightly or wrongly, that PCGS is stricter for that issue in that grade. That suggests that an NGC coin has some chance of crossing, but a decent chance of failure. No one can say for sure what those percentages are.

So the best thing to do is do *not* submit it for crossover unless you're convinced the coin itself has merit. It's all about the coin itself.

That white spot in the field works against you.

900fine

One problem with crossovers, as opposed to raw submissions, is the graders cannot see the edge. This tends to leave a "shadow of doubt" in their mind, and sometimes hinders a crossover.

This is less important with moderns and even less important with bullion, so I don't think that affects you much.


It is more important with

• Older coins, particularly coppers. They are prone to rim bumps and other damage.
• Coins with patterns i.e. vine and bars. Also, Saint Gaudens $20s and Indian $10s have stars on the edge
• Coins with legends on the edge ("fifty cents or half a dollar")

It's also important for authenticity. For some reason, counterfeiters seem to have real trouble with reeding. On many counterfeits, it's just awful; it just screams "COUNTERFEIT !!!" so the edge is one of the first things one checks. Again, that's less of an issue with your modern bullion coin.

rh287

Yeah, I think it should easily cross over...here are photos..

Attached Thumbnails

 

 

mark_h

Yes - it will crossover, but there is not a guarantee of the 69 grade. With that coin I would make sure my minimum accepted grade is PF69DCAM.

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mark_h

PS - I have some free gradings with PCGS for Silver Eagles. All you have to do is let me have the coin. Just kidding of course - now if I could just get one of these puppies.

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900fine

Oh, I am quite certain it will cross. I thought the OP's concern is "will it cross at PR69DCAM", since he's looking for the 30% premium. If it drops in grade, premium is gone.

If you submit for crossover and do not specify a minimum accepted grade, they use current slab grade as minimum.

In some cases, submitter is willing to accept a lower grade to get into a PCGS holder. Classic case is crossing from IGC; sometimes you can find a pretty good coin in an IGC holder, but the market de-values 'em pretty hard, so even dropping a grade it's more "market acceptable" in PCGS plastic.

rh287

OK thanks Guys...Lots of info I didn't know!

I'll remember to ask for the4 PR69 guarantee...

And I've actualy received some very nice IGC slabbed coins at super bargains.

900fine

Yep ! They're out there.

As Elmer Fudd used to say..."Be vewy vewy careful" ! With IGC, beware of cleaned coins - more so than other TPGs. Also, they tend to have lots of 69s and 70s where others might go 67s and 68s (modern era non-bullion proof coins).