Should I Cross-over to NGC or PCGS, or Not?

Hello, decisions,decisions,,:headbang:,,maybe you can help me decide what's the best way to go ?
I've been thinking about sending this 1946-S/Jefferson/Anacs/MS66-FS nickel to a grading service. an' if I do,it will be either Pcgs or Ngc. I'm not sure which one would really be to my benefit. Maybe, it just might be better just to keep it in thisoriginal Anacs-Slab ! However' looking at (3) of the Top Grading Services,for the Population report,,,there's only a Total of(58) that has it in (MS66-FS).
I'll show you the coin, the pics will show you how nice the quality is,but remember, the photo(s) doesn't do it any justice,as far as cking out the Step-area. any help would be appreciated,ty' :high5: Chasindreams'

 

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Its really up to you and what your goals are, You will find PCGS coins going for
More money across the board, so if your thinking about resale value that might
Be the way to go

 

I personally like that holder,but,the only issue I would have with a cross over,is, lately I am hearing horror story's about the coin Not meeting the minimum grade,and Companies cracking it out of the original holder.and not wanting to put it in their holder.resale wise,that coin prob would do better in that holder,than a "new" anacs slab.???????

 

The advice given by mpcusa is highly subjective! This topic is often heatedly debated here on CT, especially given mpcusa's comments regarding the matter and penchant for hyping PCGS for milking more money out of the plastic.

The OP ought best to research similar coins with similar grades in each TPGs holders and make their decision based on current market examples, rather than generalizations about which TPG company brings more money because a coin (any coin) is in either plastic.

The OP might also find Numismedia helpful.

 

Thanks' To all,,,,who commented on this,,,,it's appreciated,,,,chasindreams'

 

leave it, it has more value in that holder. I recently crossed a 1868 Seated quarter that looked PR64+ all day long and they left it at the same grade.

 

Please correct me if I wrong, but I've been led to believe that the ANAC's "Black Label" era was pretty accurately graded and should hold it's own....meaning the value is there because it would be sought out as a potential cross-over into those other guys plastic.

I say keep it as is, enjoy the coin in it's present entombment...think positive.

Happy collecting.

 

I wouldnt say it "wont" cross over.There is the possibility.And I wouldnt bet on any "label" to be under even or over graded.its all in the air.Im not sure if I would risk sending it in,and having it cracked,and not crossed.it seems more lately I am hearing of this issue.With this specific coin,you cant get it back in the original holder.I would say the black label is more "respected".But thats about it.I personally would prob leave it.Or the other option is to have it re looked at a show.for possible upgrade.

 

Crossing coins, it's all a giant "crap shoot" but then again so is life. I don't gamble, once I have something worth while, why throw it away and anticipate everything turning up roses.

Far more weeds out there than flowers.

Happy Collecting

 

Personally, I don't like the crossover or crack-out "game" for the same grade. Pops don't mean anything if the difference in value from one TPG to the next is eaten up in all the costs of the submission.

Chris

 

Crossing over Full Step Jeffersons should be done with caution. Here are the 3 TPGs
mentioned's explanations of full steps. Also if you read PCGS's description carefully,
it seems to be more strict about separation than the others use of the word "visible".

Just IMO.


ANACs:

The designation of Full Steps on Jefferson nickels refers to the completeness of the steps that can be seen on the reverse design of the Jefferson Nickel. Specifically, look at Monticello in the center of the reverse. On the design of the building there are layers of six different steps on the highest points of the design. A designation of full steps is a reference to the completeness on the steps on this portion of the design. Since this is one of the highest points of the design, only fully struck Jefferson nickels show all six steps. The steps are counted from top to bottom. The completeness of the bottom step determines the 6 STEPS designation. A weak bottom step with 5 complete steps is 5 STEPS and a partial sixth step is 5.5 STEPS. Other areas of Monticello that can be used for determining a fully struck Jefferson nickel are the vertical pillars within Monticello.


PCGS:

Full Steps (FS) - Jefferson Nickels. MS60 or better, at least five complete steps must appear on Monticello. Any steps that join or fuse together, whether created that way or subsequently damaged, cannot be considered for the Full Steps designation.

NGC:

Numismatic Guaranty Corporation will begin labeling Full Step Jefferson Nickels as either 5FS or 6FS, based on the number of complete steps visible.

 

As long as you don't cross over to the "dark side".......

 

Jim,

Before you can answer that question you really need to examine the prices of the 1946-S in MS65, MS65 5FS, MS66, and MS66 5FS. For simplicity's sake, lets look at Numismedia Wholesale/auction archive vs PCGS price guide for each grade


MS65----------$14 (NGC)----------$25 (PCGS)
MS65 5FS------$37 (NGCA)--------$62 (PCGSA)
MS66----------$24 (NGC)----------$40 (PCGS)
MS66 5FS------$83 (ANACSA)------$400 (PCGSA)

Your coin is already in an ANACS holder. The two ANACS graded coins in the Heritage auction archives sold for an average price of $83 and that was back in 2004. From the prices, it seems very clear that the only way you can make money is if the coin ends up in a PCGS MS66 FS holder. In my experience both NGC and ANACS are almost a whole grade more liberal with the Jefferson Nickel series than PCGS.

Therefore, in order to cross this coin to PCGS, you would need to be confident that the coin would grade MS67. Unless the steps are a no brainer full steps, you simply can't submit the coin to NGC who has only graded 5 coins at MS66 5FS and none have ever been auctioned by Heritage. Years ago I think a 1946-S NGC MS66 5FS would have had a similar price to the ANACS coins, but considering the registry value of the coin, it would probably between $150-$200 now.

Personally, I think you should leave it where it is, in the ANACS holder.

 

This is not me talking, Though i agree with it, And wouldnt call
It subjective since several polls have been taken saying this
very same thing !!!

 

F.Y.I !! A recent poll i ran is currently at 66% for PCGS and 31% for NGC
Again this is the pulse of CT!! (This is based on resale value,s)
Based on the same coin!! Though iam sure this will be disputed by some
Especially "Krispy" he just loves busting my _ _ _ _ _ LOL

 

With regards to the Jefferson series, there is a difference in grading standards between NGC & PCGS. This is well known in the industry and PCGS graded Jeffersons always demand a higher price.

Having said that, your undying love for everything PCGS wreaks of a David Hall brainwashing. I only wish I had deleted that picture I had of the kool-aid guy.

 

Even though iam partial to PCGS, this is only in the currency arena
As i really dont collect much metal so it doesnt really matter to me
Which way the tree falls !!

 

Your poll was useless from the get go and the 'pulse' you are relying on proves little to nothing because the so-called "poll" was skewed to begin with. You also ignored the wisdom of many others who provided you with legitimate counter-arguments to which you withered away and shirked debate. You keep getting the busting you deserve because you bring it on yourself in the hundreds of pointless comments you drop in every thread you open. Take some time to read threads you are using to drive up your post count with.

 

Then why are you commenting and holding polls on coin topics?

 

Usless !! I guess your opinion is the only one that counts!! In this forum
Everyone has one maybe you could remember that!!