PCGS Jefferson Crossovers to NGC

I sent 2 PCGS graded Jefferson nickels for crossover to NGC earlier this month. Neither crossed. Can it be assumed that NGC slabbed Jeffersons are of higher quality and underpriced? These 2 coins looked solid for the grade. They were both 67+.

 

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Not sure why youd want to lower the value with those cross attempts

 

I’d have left a 67+ alone. Why did you try to cross them over to NGC? If you don’t mind my asking.

 

I thought PCGS brought higher bucks than NGC.

 

There will always be exceptions in anything. But the average of higher prices realized would be in a PCGS slab IMO

 

Good try MCpix, I would think it is rare that NGC would cross a Jefferson from PCGS or any other service. They are much tougher on the series.

 

Registry set compatibility, and the hope of a higher grade.

 

You’re right, I found that out.

 

The question remains though, if NGC is tougher on the series then why is PCGS more expensive?

 

NGC has accepted PCGS pieces since Dec. 2019, starting with the 2020 Registry competition, no? Or do you mean that you wanted all pieces in your Registry to be NGC graded?

As to cross over being difficult and rare for PCGS pieces, because NGC is more critical in grading the series, some myths are built on personal experiences and take on a life of their own, when it is more logical it is coincidence and not cause/effect.

Truth in editing: added the word 'is'.

 

Personal collector/dealer preference on any given day/month/year. There is no secret cabal rule or price setting/gouging involved.

 

Not all nickels can end up doing well with NGC

 

And certainly vice versa. I know. I really know.

 

NGC is tougher on grading, especially Nickels. PCGS cost more than when you sell but PCGS slabs retail for more.

 

Yes, I should’ve used the word consistency rather than compatibility

 

Would love to know

 

Simple. Because they didn't, when I tried.

 

The NGC registry is taking PCGS in its U.S. coin section again.

As for higher grades, getting an MS-68 for anything, is next to impossible. I won't even waste my time and money.

I had "registry fever" for short while, I got cured from it when I saw people manipulate the system. The NGC registry gives more points for dollars spent for modern coins than old classic pieces. For example you are better off with a 1796 Quarter in AG-3 and a Standing Liberty Quarter in MS-67, Full Head. Than you are with a 1796 Quarter in VF-25 and the Standing Liberty in MS-65 Full Head.

You can play other games, like putting a Mint State 1804 restrike cent in the Draped Bust Cent slot (which should never go in there) than putting a "real cent" in the slot in AU-50.

Another lesson to learn is that the mega wealthy guys can always out gun you. They can afford to pay for the best, and you can't keep up with them.

The alternative is to build sets with pictures and write-ups which can help educate people. The wealthy guys often post their collections with no pictures and no write-ups. Sometimes it makes me wonder if some of them really own the coins, but that's a different issue.

 

Somewhere I heard that there was a rule with NGC that you could not have more than 75% PCGS in a set. The fantasy of getting a 68 was worth the price of admission.

Back in the 90's I put together a set of FBL Franklins. I wasn't a very good grader, and many were not full bell, but I look back and I had allot of fun. My Jefferson collection has been like that. I'm still filling an album, just sharing it online. It's more fun when you can show a friend.

Competing with DL Hansen with my half dollar collection on the other hand is pointless. So I'm not. I'm just filling holes, but everything is photographed and I'm having as much fun as I did when I was 10.

 

That is the type of sentiment that truly represents the average or restrained collector. I, as well find sharing and collecting just as much as when I was 10