Send These US Coins to NGC or PCGS?

Discussion in 'Coin Chat' started by iPen, May 19, 2017.

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Should I send these US coins to PCGS or NGC?

  1. Send only to PCGS

    3 vote(s)
    75.0%
  2. Send only to NGC (Cheapest option)

    1 vote(s)
    25.0%
  3. Send to NGC first, and Crossover to PCGS for the "nicer" ones (if there are any)

    0 vote(s)
    0.0%
  4. Send some to PCGS, send the rest to NGC (Most expensive option)

    0 vote(s)
    0.0%
  1. iPen

    iPen Well-Known Member

    I'm not sure where to send these coins off to. Most of these are going to be flipped so that I can purchase other coins for upgrade purposes or whatnot. I already have NGC membership, but not PCGS membership - if PCGS is worth it, I've calculated that basic membership and economy tier is the most cost-effective option. All coins are problem-free and in mint state.

    For the coins below, do you think I should do a straight submission to PCGS for all of them, or send them off to NGC then do a crossover only for the ones that come back with "nice" grades? Or how should I submit them?

    Thanks in advance!


    + 5x 1909 VDB 1C
    + 1963 SMS 1C - Possible Cameo
    + 1913 Type 2 Buffalo 5C
    + 1916 Buffalo 5C; Proof Die Reverse (will try to get it stated on label; not listed as a variety)
    + 1937 Buffalo 5C
    + 1893 Columbian 50C; Proof Die Obverse (will try to get it stated on label; not listed as a variety) - PL/Proof; PL/Proof not recognized by PCGS for this?
    + 1893 Isabella 25C PL/DMPL/Proof; PL/Proof not recognized by PCGS for this?
    + 1964 Quarter 25C Proof - Possible PR-70
    + 3x 1920 Pilgrim 50C
    + 1922 Peace Dollar - Possible PL (only NGC does PL; PCGS "likely" will not as an in-house rule)
    + 1863 "Our Little Monitor" Civil War Token - Doubled Date variety
     
    Last edited: May 19, 2017
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  3. Paddy54

    Paddy54 Well-Known Member

    My understanding is that NGC & PCGS will only note the varieties that they list. I do believe that Anacs will note on the slab as long as you have proof of the variety . They charge $7 ea as long as you give them the variety and a reference and $12 to do the leg work themselves .
    You can go to each grader and see exactly what they will recognize as a variety ,both ngc and pcgs list them.
     
  4. iPen

    iPen Well-Known Member

    PCGS and NGC don't have the proof die reverse as a variety on the Buffalo nickels, nor do they have the proof die 1892 obverse on 1893 for the Columbian halves. But, those die markers are known by them to be what's on proof coins.

    So, here's what I'm thinking... if they indeed confirm those die markers are what they are, I'm going to try to get it on the label like how people get "GSA", "Binion Collection", etc. on the labels lol :D. This would sort of be like a workaround or "loophole". Or best case scenario, I'd get them to recognize it as a "new" variety. But, I'd settle for a compromise: "Proof Die Obverse Collection" :)
     
    Last edited: May 19, 2017
  5. Paddy54

    Paddy54 Well-Known Member

    Give it a shot.....nothing beats a try but a failure...... but I make some inquiries first before I sent anything in to either party.
     
  6. C-B-D

    C-B-D Well-Known Member

    NGC designates more PL series. Send em there.
     
  7. iPen

    iPen Well-Known Member

    I think NGC and PCGS both no longer recognize proof Columbian halves or quarters.

    However, if proof strike coins have a provision in US coinage law, and by the Director of the Mint's own words, all provisions of the law up to 1893 were applied to the Columbian halves and quarters, then proof strikes were made. But, I'm not sure if proof or specimen strikes have a provision in coinage law or even need one. If the provisions there, then I can show this to the TPG and get them to agree.

    upload_2017-5-19_20-29-25.png
     
  8. iPen

    iPen Well-Known Member

    Also, this - in 1893 at the US Mint in Philadelphia, 21 proof dies were manufactured, and 2 hubs each of the Columbian coins. I don't know what the number of proof dies are for each coin, but I'd think 1 or 2 at most, right?? (1892 had 24 total proof dies)

    There were only 9 regular issue coins, from 1 cent to $20 gold, right?

    That's 18 proof dies for 9 coins. There's 3 extra to spare, 2 of which can be for the Columbians, right? If someone knows if only 2 proof dies were issued for each denomination, then by process of deduction and barring any extraordinary situations, the Columbian coins may have had proof dies. It's not sufficient evidence, but it's consistent.

    Maybe I can submit this along with the Columbian half and quarter.

    upload_2017-5-19_20-48-31.png
     
    Last edited: May 19, 2017
  9. SorenCoins

    SorenCoins Well-Known Member

    1964 was the first year they produced special mint sets, not 1963...
     
  10. iPen

    iPen Well-Known Member

    Oh that was a typo. Meant to say 1965.
     
  11. baseball21

    baseball21 Well-Known Member

    For the most part true but PCGS does a lot more varieties. As of a few months ago unless they expanded NGC won't even do Seated dime varieties.
     
  12. jester3681

    jester3681 Exonumia Enthusiast

    The Civil War token will resell better in NGC plastic, but PCGS has been more liberal with grading on mine.
     
  13. iPen

    iPen Well-Known Member

    So based on the votes, it sounds like I should just send them all off to PCGS?
     
  14. Blissskr

    Blissskr Well-Known Member

    For some of the coins you have listed unless you're talking top pop coins you'd probably be wasting your money adding sunk costs slabbing them to try and flip.
     
    sambyrd44 likes this.
  15. iPen

    iPen Well-Known Member

    I often buy a bunch of coins to find out which one I like in-person. If slabs help them to sell quicker, then I want to go that route. I'm hoping to at least break even with the submission costs.
     
  16. baseball21

    baseball21 Well-Known Member


    Yea but I would hold the Token for now. At either PCGS or NGC that will have to be it's own submission and unless that is very valuable (I don't follow token values as much as I should) a one coin submission is brutal cost wise.
     
  17. C-B-D

    C-B-D Well-Known Member

    You can make money on most of these things (probably) without having them slabbed. You said yourself you wanted to break even. So put them up for buy it now to cover shipping and fees and just be patient. In the time it takes to send everything to PCGS and get it all back, someone will likely have bought at least several of them.
     
    ddddd likes this.
  18. iPen

    iPen Well-Known Member

    I want to at least break even with the submission costs (slabbed markup ≥ submission cost). I'd still net something since I bought these for relatively cheap.
     
  19. C-B-D

    C-B-D Well-Known Member

    Not if you don't get the grades and varieties you're hoping for...
     
    Blissskr likes this.
  20. iPen

    iPen Well-Known Member


    I'm willing to take an educated chance. It'll give me an opportunity to get one or both of the TPGs to grade my grade on the "small" coins, since I've been mostly focused on larger silvers.
     
    C-B-D likes this.
  21. baseball21

    baseball21 Well-Known Member

    That can be worth the fee in itself. It's a rough transition from the larger silvers to the Lincolns.
     
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