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why NGC coins do not cross to PCGS (a theory)
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<p>[QUOTE="lkeigwin, post: 1227408, member: 30400"]Several years ago I submitted a few dozen gem wheaties in NGC holders to PCGS. About 70% crossed fine. I was surprised it wasn't higher. Since then I have crossed another 20 or more, in different series, with about the same success rate.</p><p><br /></p><p>The chief problem is really the 3rd side, as others have pointed out. For either company to accept a cross they have to feel that hidden edge damage would not change things. So the coin must really appear to be a little better than its grade for crossing success.</p><p><br /></p><p>Examples:</p><p>1) You submit an NGC AU50 CBH to cross at grade with PCGS. The grader looks at the coin in the NGC holder and feels it is, at best, an AU50. They won't crack and cross it because any damage to the edge might lower the grade. Too risky.</p><p>2) You submit a PCGS WLH graded MS64 and ask NGC to cross it. The grader looks at it in its PCGS holder and feels it warrants an MS65 grade. The coin is cracked. Rim scuffs are present. The coin crosses at MS64.</p><p>3) You crack out the coin in #1 above and send it raw to PCGS. The edges are fine and the coin grades AU50.</p><p><br /></p><p>Lance.[/QUOTE]</p><p><br /></p>
[QUOTE="lkeigwin, post: 1227408, member: 30400"]Several years ago I submitted a few dozen gem wheaties in NGC holders to PCGS. About 70% crossed fine. I was surprised it wasn't higher. Since then I have crossed another 20 or more, in different series, with about the same success rate. The chief problem is really the 3rd side, as others have pointed out. For either company to accept a cross they have to feel that hidden edge damage would not change things. So the coin must really appear to be a little better than its grade for crossing success. Examples: 1) You submit an NGC AU50 CBH to cross at grade with PCGS. The grader looks at the coin in the NGC holder and feels it is, at best, an AU50. They won't crack and cross it because any damage to the edge might lower the grade. Too risky. 2) You submit a PCGS WLH graded MS64 and ask NGC to cross it. The grader looks at it in its PCGS holder and feels it warrants an MS65 grade. The coin is cracked. Rim scuffs are present. The coin crosses at MS64. 3) You crack out the coin in #1 above and send it raw to PCGS. The edges are fine and the coin grades AU50. Lance.[/QUOTE]
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why NGC coins do not cross to PCGS (a theory)
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