1890-S Double Eagle Gold - back from crossgrading

I think your coin suffered from a snob attack. There was no way PCGS was going to grade a coin higher than SEGS. You'd have been better off sending it raw. which is kind of pathetic

 

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Yep... really pathetic

 

Crack it out now and re-submit.

 

Just don't send it in under express at over $50 a pop plus shipping, what did that one cost you $100 including shipping to and from? The grading services are laughing all the way to the bank. Do a gold rush at NGC piggy back it on someone elses submission if you do resubmit.

 

Yes, I agree @Owle. If I resubmitted the coin then it would be in a couple/few months when I had some other coins to send in as well. I sent this gold under their standard tier with a secure holder option, but it was sent in with 40 other coins. So the shipping/ins there was spread out over all of them. I'm guessing my total cost for this one coin was about $60-$65 dollars.

The decision that I'm torn between is, sending it back to PCGS or sending it to NGC for crossing to and upgrade. I have memberships at both, so it really just comes down to what I believe is the better option. I don't think I've decided that yet.

 

I guessed 62 in your old thread. IMO, PCGS saw this coin as a super duper slider and thought it was too nice for a 58 grade. So, they slapped a 62 on it. I consider gold in 62 slabs to be a bit of a "trap" - they are either 58s or true uncs with lots of chatter or hairlines. I have a great looking $10 Indian in a 62 slab. Mine in the strictest sense should have graded 58, but with original color and almost no marks they bumped it to 62.

 

I like the idea of crossing it with NGC.

 

Always wanted one I just can't afford it but one day I will

 

I'm sure if you resubmit you'll get a better grade with a work up of the coin

 

Lack of luster is very hard to decide from a photo.

 

based on pictures 4 and 5, crack it and send it to NGC...if those are 64s, yours should come back 66...only based on that comparison (especially picture 4)

Straight up, I think the 62 was punishment for submitting a SEGs coin

 

You could try the PCGS "reconsideration" service which will set you back a grading fee and shipping and if successful, 62+ or 63, etc. you will be hit with a 1% additional charge.

I would either do a show service as a crack out or send it to NGC raw with other coins on a gold rush. I sent in a group of coins for a friend and he got some good grades and no grades. Others set up a submission as an "argument" so that the graders see a bunch of low end 62s, then your better date coin that stands out as a grade more and you get your #.