The majority of my US coin collection is not encapsulated. Some of you may have noticed this from my threads over the years. However, I do have some in slabs, PCGS, NGC and ANACS, which I have picked up over the years, and they will probably stay that way because I do recognise this will make things easier for my heirs if they ever decide to dispose of them. This is my driving force and rationale for leaving these as the are. I have a few questions regarding these two specifically, both are CC Halves, both in NGC slabs: 1. is there any value in crossing them over to PCGS? 2. would they cross at the same grades? The 1871 is graded F12. The 1878 is graded EF45. Both are straight grades - not 'details' See, even I, a 'raw-coin' guy, have finally become familiar with the basic 'slabbing' terminology (words like 'cross-over', raw, details, etc) . Thanks!
Its hard to tell if the will cross at the same grade, because just how variable grading has been recently. I think it may produce a bit of extra value but that may be just a trend of "PCGS is better than NGC" and all trends end sometime. Should you cross them? I would say no. Mike
My attitude, right or wrong, is that you have two strikes against you when send a coin to PCGS for a crossover in the another company's holder, especailly NGC. PCGS really does not like the competion. When I was a dealer, looking for an up-grade (I have never done crossovers.), I cracked them out and sent them. I was never disappointed on that score, although sometimes I think they under grade or refuse to grade a coin in hopes that you will try again and spend more money with them. I have had coins that came back in body bags one time and were graded the way I thought they should have been graded the second time. I am not alone on that score because I've heard the same story from dealers. As to your direct questions, PCGS coins, especially PCGS coins with CAC stickers will bring more money in certain circles. It can be worth doing from that aspect, but getting the same grades is dicey. My grade would be VG-Fine on the obverse of the 1871-CC and VF-25 for the reverse. Since the obverse is more important, it might come back as a VG-10, but it's got a shot at crossing. The 1878-CC looks an EF-40 to me, but I am an old fashioned grader. Since it is a CC coin, it could get a push. Both coins are nice for what they are, unlike some certified pieces. They have not been cleaned, dipped or messed with.
Would they cross? I don't see anything that says no. Would any PGCS premium on them pay for the cross fees? Maybe, but I doubt it.
Eduard, As always, wonderful coins. My opinion is that in the current market gaining cac approval would have greater bearing on the value of either coin rather than swapping into PCGS plastic. I think they both would have a chance, particularly the 71cc. Thanks for sharing!
Both coins are great looking. Since they are in NGC holders I would leave them as is. They may cross to PCGS but I doubt it's worth the price to do so.
Coins of that value yes there would be and the new value would make up for the costs along with an added liquidity. The 71 probably has the best shot at crossing. The 78 may or may not or might need a 40 if it did. Hard to tell from pictures though.
I don’t think a crossover would be beneficial. They’re both nice coins, don’t get me wrong, but it’s unlikely that they’ll upgrade. And there’s no added value for PCGS coins in Europe. It’s basically slabbed vs. raw coins. Instead I’d like to encourage you to submit some of your more valuable coins. You’ll get high res pictures, variety attribution and a guarantee that the coins are authentic.
Thanks, everybody, for your opinions. I really appreciate it. They seem to weigh (5 to 2) towards leaving them as-is. Both NGC and PCGS have submission points in Europe. NGC (Muenich) is easier for me to reach. On the other hand, PCGS (Paris) is a bit more complicated should I decide to cross them. At this stage I think I will leave them as-is. Thanks again.
