Attempting My First Cross, Need A Bit Of Help.

So would it be correct to assume that coming up with an accurate post-grade value is somewhat of a guessing game?

On the same vein of thought some additional pertinent considerations to examine are what type of action(s) would PCGS(or NGC or ANACS) take on their own if the OP's insurance assessment either:

a. puts at financial risk the newly slabbed coin from selecting an inadequate estimated return shipping insurance? or

b. produces a situation in which the approximated return shipping insurance coverage greatly exceeds the final slabbed value causing the OP to waste money?

No idea why it wasn't working, I sent you a pm though that hopefully gets through.

As far as value estimations its your call basically and like mentioned is basically for shipping, but if on the odd chance it gets damaged there if you short changed the value to sneak it into a lower tier they will go by the value you listed instead of the market value, it's extremely rare but things do happen occasionally. For that cent I'm not sure if they would give you grief about using economy or not. If you sent in something like a gem Seated dollar they would call you and tell you it needs to be in the regular tier obviously, but with that one the value doesn't spike if it doesn't get in their holder.

You can write whatever notes you want on the submission forms. I would fill out the line then write a note only to only cross at x grade with a dcam designation. In my experience you can pretty much set the terms for when it will or won't cross in regardes to its current designation. The only things you can't do is say only to cross it if it gets an upgrade or gets a designation it doesn't currently have. You may want to double check to make sure that hasn't changed but I don't believe it has.

I don't really pay attention to Lincolns but if you did all your checking and a 68 DCAM would be a good value jump in their holder I would consider that as the minimum grade. ANACS moderns don't have a good track record for crossing at grade on top pop coins but it has been successful before.

Usually the 1 percent fee for the cross will go off your insured value if you're close enough to reality. If it did jump to a 16kish coin they may want to use that for the 1 percent value, but they generally don't sweat a few bucks here and there if you made a legitimate effort to have everything accurate. They basically just don't want people cheating the system sending obviously 4 figure coins through the economy tier.

Like mentioned as well I would just give them the cc number and pay that way. It's much easier letting them adjust the charges if they don't then waiting a few weeks for a check. If an accounting error is made one phone call will get it fixed when they look into it, it's not like the mint where you have to fight for weeks to get it corrected.

At least from your auction result and a quick check on heritage it does look like there would be a few hundred dollars of added value to a 69 cam or a 68dcam. Granted you could probably get a little more than you paid if they was a BIN listing instead of an ebay auction, how much more I have no idea though since moderns realizing full value is dependent upon being in a PCGS or NGC holder. You could always try again later for it to cross as one of those though.

Generally they usually use whatever value is higher and in this case you very well could end up paying the 1 percent on the 16k if it crossed at value but I get the feeling you won't mind paying that if it happens lol. If it does they may contact you and let you know we're going to charge that or they may go with your value. Seems to be mostly a judgement call on their part if you were close enough or not.

If you do see it crosses before it ships may want to consider contacting them to see what you need to do to authorize a higher value for the return shipment if it's possible to have that changed since they will insure based off of the value you had provided. They'll generally try and work with you in unusual situations if you give them a call and given the potential massive value swing I would say your situation would fall outside the norm for a standard cross over.

Ed -

I viewed the coin in your prior thread ... thanks for the link.

Outstanding and beautiful Proof Lincoln ... and I believe to be DCAM though not a true expert.

I told you in my reply to the prior thread that I'll offer some advice .... take it for what it's worth to you.

ANACS certified coins from the generation yours was holdered do not have a good reputation in the marketplace. The graders at PCGS know this as well.

I'm thinking that if submitted to PCGS as a crossover in that ANACS holder ... and asking for PCGS PR69DCAM ... you are wasting your money and time and should just keep it as is.

Allowing for some level of PCGS 'downgrade' ... say PR68DCAM or PR67DCAM might allow PCGS to re-holder the coin ... you need to decide what is worth it to you.

The coin is for sure more marketable in a PCGS DCAM holder, regardless of grade.

Final piece of my advice ... you'll likely not like this part.

A grizzled coin veteran gave me the truth of the PCGS grading floor ... and it has informed the way I submit coins to PCGS ever since.

Every PCGS submitted coin is seen by two graders ... 20 to 30 seconds each. Their grading scores are entered into a computer and if 'close enough' the deal is done.

On occasion a third grader is used to resolve gaps between the initial two or for an unusually rare coin.

Be mindful Ed of the 20 to 30 seconds to examine the coin ...

For all holdered coins ... whether PCGS or crossover ... the first grader is eliminated.

The entire 'new' grade is determined by one PCGS wizard who has 20 to 30 seconds to make up his mind and move on.

I strongly suspect that if you attempt this crossover in that suspect generation ANACS holder ... that one PCGS grader will spend about 5 seconds and say 'done here'.

Here is the part you won't like ...

I crack out and submit all my re-grades as raw coins to PCGS ... gaining the benefit of two graders who need to agree.

If you are not willing to do this with your ANACS PR69DCAM 1959 LWC ... then I advise keeping it just as it is.

David

Did not cross

Yes, still in the slab. Will NGC cross an ANACS coin?

I have a quick question for the group: in regards to previously graded coins by other companies, I have about 40 SEGS graded Ikes I'm about to send in to crossover to PCGS they have all been graded too low in my opinion (and I'll post some in that section later today to see if you guys agree with me). What is SEGS's reputation if I sent them into PCGS? Should I crack these out of their holders first? And just how the heck do I do that?!? These things are in there good!

Actually, NGC would not cross an ANACS. They only accept PCGS for crossovers. If you want to submit ANACS or other holdered coins to them, they say you have to break it out before or sign them permission to break it out for you.https://www.NGCcoin.com/news/article/1335/