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 Replies: 14 / Views: 1,918 |
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New Member
United States
20 Posts |
I'm only just getting started on collecting Morgans and I recognize that it takes a long time to become a competent grader and make these kind of evaluations. But through the course, I've acquired a few OGHs and I wonder if it really is worth resubmitting them? Consensus seems to be that they were "conservative" back then? Or would the attitude be that they got it right the first time and all I'll get is a newer holster. Should I break them out of the current slab myself to keep the old score a "secret"? For at least one of my Morgans a grade increase of 1 makes a huge difference. I'm no where near a position to be able to discern the difference between a 64 and a 65. I've also got a Morgan that's been "certified" from NCC that I'm sure is total bull  , but looks to still be a good coin. Should I get that graded by one of the big guys as well? Just trying to figure out whats in my best interest and learn about the whole grading process! Thanks for any insight! Josh |
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Bedrock of the Community
13014 Posts |
Ive always heard to break out the coins if you are going to send them back in hoping for a higher grade. If they see the old grade theyre likely to stick with it, and if they see another companies grade they may lower it to say they grade harder
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Bedrock of the Community
United States
36800 Posts |
Best to get some opinions from others on the coins before you resubmit. Take photos and post here. Some coins in the old slabs will still come back at the same grade today. You have to have a keen eye and cherry pick under graded coins in slabs. Standards have changed but not enough to get a higher grade on all old slabs.
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Bedrock of the Community
13014 Posts |
Quote:
Standards have changed but not enough to get a higher grade on all old slabs.
Exactly. I think a lot of that myth is just sellers putting that out there so you may pay the money of the next grade up for it |
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Pillar of the Community
United States
2602 Posts |
I agree with the advice- post excellent pictures of the obverse and reverse and post them here, without the slab certification number or grade being shown. If the consensus is reached the coin is a MS65 and your holder has it slabbed as a 64, resubmit it. In resubmitting it, I would probably crack the coin out of the holder, because graders may be hesitant to regrade an already graded coin a notch or two higher.
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Bedrock of the Community
United States
36800 Posts |
Definitely crack them out of the old slab if resubmitting. And be very careful doing it.
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New Member
 United States
20 Posts |
Well, I'm at least glad to know that I'm not completely off base with the hesitation to resubmit. Everyone seems to be echoing roughly the same sentiments (which can be a rarity on internet forums). It seems to reason that the OGH itself carries some of the value, even if its only through the propagation of myth. Maybe not a full grade, but enough to extort a little more than with a current slab. Fair assumption that with identical coins of identical grade, the one slabbed in OGH would usually net slightly more? Its more a curiosity at this point than thinking of my specific situation. Its supposed to be buying the coin, not the slab, but if its slabbed, I guarantee that it always plays a factor.
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New Member
United States
20 Posts |
Also, YES! I need to get to work on some photographs! I've done some half hearted attempts, but you can imagine how well that worked out for me. I've been trolling the coin photography forum and getting some interesting reading there as well.
Maybe at while I'm at work tomorrow...
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Bedrock of the Community
United States
36800 Posts |
A slabbed coin will always carry a plus factor. Far more people trust a TPG than their own grading skills. |
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Pillar of the Community
United States
1436 Posts |
I agree w/ IndianGoldenEagle in respect to "Far more people trust a TPG than their own grading skills". Not only that, but the TPG is supposed to ensure the coin is genuine & not a counterfeit. |
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Moderator
 United States
23522 Posts |
The "they were more conservative back then" meme is at least a couple of years outdated. Indications are the TPG's are grading tougher than at any time in their existence right now, especially PCGS, in reaction to the flak they've been getting the last few years. The formation, and success, of CAC had a lot to do with it. |
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Bedrock of the Community
13014 Posts |
The harder grading back then was probably just a result of them being in a bad mood from having to walk up hill both ways lol.
In all seriousness though I do think a lot of it is just myth being spread and romanticizing the past.
If anything I would assume grading would be harder now with all the info readily available on the internet such as pop reports ect. None of them want to be the next SGS, and if they were looser now top pops would be climbing not declining
Edited by basebal21
08/02/2012 2:27 pm
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New Member
United States
20 Posts |
You guys bring up some interesting points. Myth or not, it sounds like its still a battle that effects both the buyer/seller and the TPG. |
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Pillar of the Community
United States
1436 Posts |
The harder grading back then was probably just a result of them being in a bad mood from having to walk up hill both ways lol...
Now that's funny!
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Pillar of the Community
United States
2335 Posts |
I defer to SsuperDdave as to whether or not TPG's are stricter now than they were in the recent past. I think it probably goes in cycles. I do think that many of the coins in older slabs tended to be graded more conservatively than they were a few years ago. I also think that over the years the coins in the older slabs that were likely to upgrade have been resubmitted. |
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Replies: 14 / Views: 1,918 |
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Posted 08/01/2012 5:03 pm
