Well I didn't buy any new coins for myself this Holiday season, but rummaging through the SDB, showing my son some of what I ( We) had, I found these, that I honestly had forgotten. BUT a wonderful surprise!!! I have shown my other PCGS 66 and PCGS 65 before here. I am wondering if there would be a real value in cracking these out and submitting them to PCGS or NGC. I know from experience that NGC is easier on cents than PCGS. These look to be graded appropriately ( done a long time ago) and think that it would be worth the regrade as to valuing or reselling later, but one always takes a chance in the breakout game. They both have the reverse diagnostic. Jim
By just the date IMO "no", the grades aren't high enough. But if the die variety is rarer, then possibly "yes". You're looking for about a catalog value of $300 to make it worth while. But if you just want to then go ahead.
No, I would not trust the cross-over program. I think there is still bias there, even if subconscious. Kanga, they are over that catalog value.
If they were mine I'd get them regraded. Here's a red 65 that sold recently.http://coins.ha.com/c/item.zx?saleNo=1184&lotNo=4055 A 65RB http://coins.ha.com/c/item.zx?saleNo=131351&lotNo=24036 And a 64 RB http://coins.ha.com/c/item.zx?saleNo=131351&lotNo=24488
Nice "forgot about these" finds Jim! I am glad I am not the only one to forget about some cool coins he owns.
I have this 72 DDO graded MS66+ by PCGS and CAC certified that I want to send to NGC too see if it will upgrade too MS67 but never pulled the trigger
Can't see the coins well enough to say Jim. Two kinds of risk here though, the coins are moderns and ICG was well known, even in the beginning, for being overly lenient with moderns. The second risk is merely the fees for grading adding to your overall cost for the coins. Other side of the coin is to leave them as they are, or crack them out and leave them raw, if you look to sell and hope that a potential buyer will think the coins are worth the chance of doing exactly what you are talking about. Many times raw coins or those like these will bring higher prices simply because the buyer is willing to gamble. Lastly, NGC and PCGS standards have become lenient enough in recent years that it may be a no brainer to crack them out and submit them. But one would need to see the coins in hand to estimate that. You have them, trust your own judgement
Update: PCGS informed me today that one was PCGS 64+RD and the other was a PCGS65RD. So all is good Will post photos when they go up. Jim
I would have them re-graded, especially if you dont plan to sell them right away (pass them down to your son?). I have a bias against ICG, as they tend to over-grade their coins in my opinion, so I just don't buy coins in their holders (unless I find a real steal). PCGS and NGC have more credibility in my opinion, and if you plan to hold you can easily recover the cost of regrade. You just need to be confident in how you think they will grade...
Now you see why I like Lincolns in ICG slabs....even the newer slabs. They are accurate at grading Lincolns. CONGRATS!
Back then they were accurate at grading many coins. But the more modern the coin and the higher the grade, the more they should be looked at with a skeptical eye.
