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Some Data Regarding TPG Grading And Cracking/Resubmitting

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Rest in Peace
bpoc1's Avatar
United States
4078 Posts
 Posted 09/23/2013  12:45 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply

Quote:
I hope you start a ProfLiz 7070's thread.
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Conder101's Avatar
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17884 Posts
 Posted 09/23/2013  4:19 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
The comment about the "old small size" ANACS slabs doesn't mean much unless the slab generations are identified. The small size ANACS slab was produced from 1989 to 2005, a period of 15 years that included 4 different owners and both conservative and lax grading periods.
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FadeToBlack's Avatar
1751 Posts
 Posted 09/23/2013  6:50 pm  Show Profile   Bookmark this reply Add FadeToBlack to your friends list Get a Link to this Reply
Hey Conder, I have the PCGS and NGC generations threads you've made bookmarked, do you have something similar for ANACS?
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ProfLiz's Avatar
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373 Posts
 Posted 09/23/2013  9:21 pm  Show Profile   Bookmark this reply Add ProfLiz to your friends list Get a Link to this Reply
Yikes! I didn't mind this thread for a day or two, and all of a sudden I have lots of questions to answer! Let me give it a shot:

basebal21 and CoinsKelly - I purchased most of these coins three or four years ago, and I did not notice any changes while they were stored in my album. The bright white coins stayed white, none of them developed album toning, etc. Although I was quite careful, I can't rule out the possibility of slight damage due to cracking and handling - but I got as many upgrades as downgrades, so there doesn't seem to be a trend either of improvement or damage.

Conder101 - Sorry, I did not realize there were such shifts in "old" ANACS, and I did not keep track of which generation slabs were represented here. There aren't enough to make any statistical generalizations from anyways.

Susuman - Copper and silver coins are both well-represented in my data set, and they performed similarly. Most of my gold coins were purchased raw, so I don't have enough statistics to tell if they have the same trends.

There were no trends with respect to value; I had high priced coins upgrade and downgrade about equally.

However, there was one clear trend: high MS coins were significantly more stable than circulated or low MS grades. Ignoring the ICG and the MS64--->genuine coins, of 7 MS64 and MS65 coins, one upgraded a single grade; one downgraded a single grade; and the rest regraded at the same level (even when crossing TPGs). This would seem to agree with your hypotheses and the discussion in this thread about the market force for consistency in high end coin grading.

I hope that is clear, but feel free to let me know if it's not!

If anyone does decide to start a regrade database, I will be glad to donate my data. As far as my 7070 type set goes... Well, once I finish photographing my Half Cents, we'll have to see... ;-)
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solotime's Avatar
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2311 Posts
 Posted 09/24/2013  12:32 am  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
Just a quick question... you saying blue label ANACS coins could upgrade? Or you mean much older?
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ProfLiz's Avatar
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373 Posts
 Posted 09/24/2013  10:59 am  Show Profile   Bookmark this reply Add ProfLiz to your friends list Get a Link to this Reply
solotime - Of three old, small white slab ANACS coins (which Conder101 points out could be from several generations), I had one upgrade, one downgrade, and one unchanged grade. Of two more recent blue label ANACS coins, one downgraded and the other got a details grade.

There is not enough data there to make any generalizations about ANACS coins of any type. I personally am sure that there are undergraded and overgraded coins in ANACS slabs, as there are in all the TPGs.
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solotime's Avatar
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2311 Posts
 Posted 09/24/2013  12:23 pm  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
@ProfLiz, I agree on that. PCGS over-grades just as well.
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oih82w8's Avatar
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7840 Posts
 Posted 09/24/2013  1:03 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Whenever I send in Crossovers from NGC or ANACS to PCGS, I inform the previous TPG that their S/N should be removed from their archives since it was removed from their holder. So far, I have yet to have any replies either positive/negative.
Edited by oih82w8
09/24/2013 1:06 pm
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ProfLiz's Avatar
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373 Posts
 Posted 09/24/2013  5:20 pm  Show Profile   Bookmark this reply Add ProfLiz to your friends list Get a Link to this Reply
oih82w8, I must confess that I have not let the TPGs know that I cracked these coins. Unless they received the original labels back, they could not be sure I was telling the truth. However, I can't easily find a way to return labels on the websites of either NGC or PCGS.

So your experience jives with mine: They don't seem interested in knowing!

I do apologize to my fellow CCFers, however, for slightly skewing the pop numbers for these coins.
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CoinsKelly's Avatar
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3453 Posts
 Posted 09/24/2013  5:26 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply

Quote:
I do apologize to my fellow CCFers, however, for slightly skewing the pop numbers for these coins.


Hmmm, wouldn't that mean higher populations => lower prices?

A gal can dream...
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basebal21's Avatar
13014 Posts
 Posted 09/24/2013  5:35 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
So your experience jives with mine: They don't seem interested in knowing!


Theyve probably deemed its not worth the effort. It would open up a lot more complications if they werent the one who regraded the coin still in the slab themselves since youd basically just be taking peoples word for it. I could see some people trying to get coins removed they want to buy to then claim their fake and get it for pennys on the dollar for instance.

In the PCGS grading video the guy flat out says low ms common date morgans arent worth the money to have graded so I doubt they wouldnt admit that the populations before a large price jump arent artificially inflated by crack out resubmits.
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