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Crossover Advice Requested - ANACS To PCGS

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paleoguy45's Avatar
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 Posted 10/30/2013  09:47 am Show Profile   Bookmark this topic Add paleoguy45 to your friends list Get a Link to this Message Number of Subscribers
I have a 1932-S Washington quarter on its way to me in an ANACS MS63 holder. I want to submit it to PCGS for grading. Do anyone have experience in this particular crossover of TPG's? Also, should I take my chances and break it out to submit raw with the hopes of getting a 64? PG
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kanga's Avatar
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 Posted 10/30/2013  10:57 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
I believe you can submit it in the current holder with the stipulation that it ONLY be removed and placed in a PCGS holder IF it will grade MS-64.

OR if MS-63 is acceptable (this in case you want it in a PCGS holder) then specify that as the minimum grade.

Either way the coin will NOT be cracked out of the ANACS holder unless it meets your stipulated minimum.

You still will have the expense of S&H and their evaluation no matter what happens.

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denco7's Avatar
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 Posted 10/30/2013  11:15 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
From experience ...... not much (anyone?) gets cracked out of an ANACS slab with a higher grade from PCGS. I would say that the best you could hope for would be , if you did as advised by kanga, a PCGS MS63.

The very least you could be "stuck" with, is an ANACS MS63. Which is still not too shabby.

Once again, buy the coin, not the holder and by extension, admire the coin, not the holder
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paleoguy45's Avatar
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 Posted 10/30/2013  11:19 am  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
Thanks for your input Kanga. I guess my previous question was meant to be a bit more leading. In essence, does an ANACS-graded coin receive a "fresh start" in the grading process or is there a historical reluctance between the top two TPG's to honor/improve on an initial ANACS assessment. I am seeking those on the forum with opinions/experience in the process.. PG
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denco7's Avatar
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 Posted 10/30/2013  11:41 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
The TPG's will swear up and down, that "their" reputation as accurate graders, is at stake on every slab. I even read that the crossover slabs have their grades hidden from the graders in order to get a more unbiased grade. Of the few coins that I have sent, one NGC and one ANACS, crossed over. And accepted and expected lower grades on three basement slabs I sent in, actually with those, I cracked them out first.

I trust that they make every effort to be fair. It does them no good to not crossover coins, because they lose business if no one sends in their coins for fear of a lower grade. It does them no good to overgrade for fear of losing their reputation.
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oih82w8's Avatar
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 Posted 10/30/2013  12:50 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I have done fairly well at ANACS to PCGS crossovers, both achieving the same grade except for two (one old small holder and one yellow label holder) when I specified that the minimum grade to be achieved. I am about to send in a few basement slabs (PCI) in to ANACS for grading and attribution due to the lower cost.

Buy sending it in "raw" to PCGS, you would save on "additional fees" incorporated with crossovers.
Edited by oih82w8
10/30/2013 12:51 pm
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SsuperDdave's Avatar
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 Posted 10/30/2013  4:29 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Buy sending it in "raw" to PCGS, you would save on "additional fees" incorporated with crossovers.


OTOH there's the additional risk of it being adjudicated "cleaned" or something of the sort.

....which leads me to a rant I've been wanting to post for a while. We're all aware of the incidents when a crossover coin comes back Details, or the same coin being submitted multiple times and sometimes coming back cleaned or in varying grades. This is held up as an argument against the "consistency" of the system, an indictment against the TPG's.

It's my contention that this proves the system is working properly. People aren't machines, and no two coins are the same. A one-grade swing is an utter non-event - heck, two grades isn't uncommon and we see that all the time here with experienced members grading high-resolution, accurate images. We constantly harp about "grading is subjective," and whine when that subjectivity on the part of the TPG goes against us.

One of the quiet background truisms of coin collecting is that, the older the coin you hold, the greater the likelihood that something approaching the definition of "cleaning" has happened to it during its' life approaches certainty. We quietly acknowledge this likelihood; the TPG's have to live with it front-and-center in their consideration of that coin. So, part of the "subjectivity" of collecting to a TPG grader is not, "was this coin cleaned," but "is this cleaning "market-acceptable?"

Oih82w8, you're the one who actually set me off on this tangent, with that stunning 1849 Dollar you just posted in Third Party Grading. Yes, it's a Details coin - I don't think anyone would argue that the toning pattern isn't appropriate for "original surfaces" - but what a gloriously beautiful coin resulted anyway. I'd go very near full retail for it, even with the obvious discrepancy in color.

A TPG grader cannot call that one "original surfaces." Were you to dip that color away - and I'd call it a prime candidate, even adjudicated "AU," you might come up with something that same grader could call "market acceptable." Heck, it might not even be "AU" any more, since part and parcen of "artificial toning" is the assumption that somebody has handled it post-Mint to make that color happen. So, your $600-ish coin (as-is) becomes one whose value exceeds $3000.

Just because you did something anathema to it.

Grading is subjective. Surface originality is somewhat subjective. Whether or not those surfaces should be accepted in the market is entirely subjective. A TPG grader makes these calls a hundred times a day, and cannot be expected to make the same call on the same coin twice in a row.

Especially when he has no clue that he's seen that coin before. The system works.
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paleoguy45's Avatar
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 Posted 10/30/2013  5:32 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
I'll have what he's having.
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Phaedrus29's Avatar
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 Posted 03/16/2015  9:17 pm  Show Profile   Bookmark this reply Add Phaedrus29 to your friends list Get a Link to this Reply

Quote:
We're all aware of the incidents when a crossover coin comes back Details
Reviving an old thread here, but I am considering trying to cross some NGC coins to PCGS, and I wasn't sure what this meant...a crossover coin can come back with details? If I submit an NGC-graded coin without Details, and I go for the default "Current" option, can the coin come back in a PCGS slab now with Details? I would think that if the coin is non-details NGC MS60, it can't come back as a PCGS UNC Details Cleaned, for example. Is that right? I wouldn't want to risk crossover if non-details coins might come back with details!
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SsuperDdave's Avatar
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 Posted 03/16/2015  10:07 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
They won't care what the previous slab says. To my mind, never submit slabbed to cross unless you're specfying "don't crack unless the condition is met," like not losing a grade. Yes, a righteous NGC slabbed coin could very well come back Details from PCGS, and vice versa.
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Phaedrus29's Avatar
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 Posted 03/16/2015  10:17 pm  Show Profile   Bookmark this reply Add Phaedrus29 to your friends list Get a Link to this Reply
Still confused sorry. The "Current" option, which I believe is the default, "requests that coin cross at grade listed on holder". If it doesn't meet that requirement, the coin will be returned in its original holder. So if I send in an NGC MS64 (let's say) and choose that option...so it only gets cracked if it crosses at the grade listed on the NGC holder, how can they slab it UNC Details? It hasn't crossed at the grade listed on the holder, has it (which was my requirement)?
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coinlover168's Avatar
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 Posted 03/16/2015  10:59 pm  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply
Phaedrus29, you are right on the "grade listed on holder." The MS64 to details could be the case if you specified "any grade"
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