Submitting coins to a TPG that were graded by another TPG

Discussion in 'Coin Chat' started by Mcreagin, Mar 6, 2012.

  1. Mcreagin

    Mcreagin Member

    Do I need to crack it out of the slab before I send or leave it alone?
     
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  3. dsmith23

    dsmith23 Gotta get 'em all

  4. brewerbonsai

    brewerbonsai Member

    Thats a tough call. Check with the company your gonna re-submit them too. Sometimes crakin the out is the best scenario... Good luck
     
  5. jcakcoin

    jcakcoin New Member

    What is it?
     
  6. dannic113

    dannic113 Member

    I would say crack it out just ensure objectivity and not get a grader that will just keep the grade and change the slab. Especially if you feel it warrents a higher grade or for example a NGC 65+ morgan pcgs might not quibble with the hair lower grade and give it a 66 but if they see another top grader went lower they might also in fact lower it to 65 and you lose the + distinguisher.
     
  7. Mcreagin

    Mcreagin Member

    It's a 1955 double die graded by ANACS in the old ANACS holder graded AU55. I want to submit it to PCGS. Crack it or leave it?
     
  8. coinman0456

    coinman0456 Coin Collector

    Don't forget to request the Variety Attribution Service and add the additional fee.
     
  9. GDJMSP

    GDJMSP Numismatist Moderator


    Personally, I would leave it in the original slab and not bother sending it to PCGS, but that's me.

    I suppose your answer depends on a couple of things. I don't know if PCGS will still cross coins in the older ANACS slabs, they used to do so, but that may have changed. If they will then it would be to your benefit to leave it - just in case. The other thing it depends on is why you want it in a PCGS slab. Do you wish to sell it and hopefully get a better price ? Or are you just a PCGS fan ? If a fan, fine send it. But if you wish to sell it may not make any difference what slab it is in. The old ANACS was a well respected TPG and educated buyers would pay the same amount for the coin in that old ANACS slab as they would if it were in a PCGS slab. Plastic buyers however, will not. And there are more plastic buyers out there than there are educated buyers. So selling is easier when the coin is in a PCGS slab, but that does not mean you will necessarily get a better price. It merely means you will increase your buying audience.
     
  10. rodeoclown

    rodeoclown Dodging Bulls

    I'd say don't bother, you're basically overpaying for another opinion on the grade. Are you keeping it or gonna sell it?
     
  11. Owle

    Owle Junior Member

    I would check out auction archives like Heritage and compare your coin to other examples there. PCGS may allow it to cross but not at its present grade, that might be a good option. I don't believe the grading services are necessarily reluctant to cross nice coins, but they may look at it tinged with suspicion or reluctance. Best option would be to go to a big show where the services are grading the coins on 24 hour schedules and get opinions from the right experts. I paid someone once to give me an opinion on a nice $20 Liberty in a MS63 holder (OH PCGS), but when I cracked it and had NGC grade it, it no-graded due to very light cleaning! Situation #2; I asked an expert at the NGC table about whether certain gold coins would grade OK. He said they needed to go through NCS first, which cost me over 5% on a common $20 gold coin! Thoroughly examine your own coins and realize there are as many bandits in this business as at Foxwoods!
     
  12. Hunt1

    Hunt1 Active Member

    For a 1955 DDO i would get it in one of those new secure plus, they're alot neater IMO. I dont think you HAVE to crack it out, to the point where they will reject the coin and send the slab back; but realize they are fully compelled to charge you a removal fee, which can be $1-$5. Cracking a coin out of the slab isn't difficult, but be careful and don't do it if you think you can't.
     
  13. jcakcoin

    jcakcoin New Member

    Keep it in, save the $
     
  14. Mcreagin

    Mcreagin Member

    The ANACS slab is cracked. I just want to have PCGS grade it to increase marketability (sp?) The secure plus is the one with the sheild on it right? I'm not sure how to get the slab open
     
  15. james m. wolfe

    james m. wolfe New Member

  16. GDJMSP

    GDJMSP Numismatist Moderator

    Do you have any idea what it's going to cost you to do that ? For the cheapest Secure PLus, with all the fees added in it's going to be around $100-$150. Even using the cheapest way to go, with no Secure Plus, it's going to cost you $75-$100.

    And you stand the chance of having the coin put in a Genuine slab or being down-graded.
     
  17. coleguy

    coleguy Coin Collector

    I agree. In fact, I'll even go so far as to say I believe the old ANACS grading was better than today's PCGS grading, so anyone who knows what they're doing will know the grade is good. Of course, I bet it would grade higher at PCGS because, like I said, their grading isn't what it used to be and yesterday's AU-55's are today's MS-65's. And people wonder why I despise TPG's today.
    Guy
     
  18. desertgem

    desertgem Senior Errer Collecktor Supporter

    Without seeing a good photo, I believe the odds are like Doug said ^ . I think the chnance of it coming back cleaned or treated are quite high. PCGS doesn't charge extra for that variety as it is in the redbook and has a regular submission number.

    I would keep it in he current slab unless you have determined it has not been messed with to give a "Details" slab.

    Jim
     
  19. Mcreagin

    Mcreagin Member

    I will post some pictures tomorrow. There doesn't seem to be any cleaning or treating. it's between a dark and light brown color
     
  20. 900fine

    900fine doggone it people like me

    This is everything.

    Here's the key - forget the plastic it's in; what does the coin itself say ? When you ignore the plastic and look at the coin, what do you think about it ? Is it original ? Nice color and surfaces ? Minimal wear and marks ?

    Those are the dominant issues. It's all about the coin itself.

    If it will cross, it will attract a LOT more attention in a PCGS slab. If it's strong for an AU55, I would consider submitting it. I've had success getting crossovers at par ANACS -> PCGS (even new blue and yellow ANACS have crossed). It's all about the COIN.

    I agree with earlier comments regarding old ANACS. There are plenty of nice coins in old ANACS plastic. But as was said earlier, there are a lot more plastic buyers than educated coin buyers. In their minds, PCGS plastic > old ANACS.
     
  21. Mcreagin

    Mcreagin Member

    Here are some pictures of the penny. My camera isn't any good, this is the best I could get. Picture 172.jpg Picture 167.jpg Picture 168.jpg Picture 169.jpg Picture 170.jpg
     
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