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 Replies: 20 / Views: 6,287 |
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Moderator
 United States
15446 Posts |
I have this absolutely stunning blast white 1942-P War Silver Jefferson graded MS67-5FS by NCG ... this is the Top-Pop NGC coin (31/0).  I need this upgrade for my PCGS set .... soooo ... she is going off to PCGS on Monday 5/02 in hopes of a cross-over at the same grade ... this would also be the PCGS Top-Pop coin. Some poor photos that in no way capture the cartwheel brilliance of this lovely Jefferson ... NGC holder ...  Coin through the slab ...  Anyways ... hoping for success on the cross-over attempt. This is a $1000+ coin in a PCGS holder at that grade. I'll let you know how it goes when I hear back from PCGS. David |
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Pillar of the Community
United States
1064 Posts |
Certsinly a great lookinhg example, and seems like a good photo to me! What does Top-Pop mean, like the best example of a certain coin that TPG has seen? |
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Moderator
 United States
15446 Posts |
Quote:
What does Top-Pop mean I believe you have it ... PCGS and NGC maintain population reports for all their graded coins ... and so the Top-Pop ... shorthand for Top Population Coin ... is the grade by which none have been graded higher (so far). The additional shorthand to describe any TPG coin is usually given as two figures separated by a / sign ... the first figure is the number of coins certifed at this grade ... and the second figure is the number certified higher than this grade. Hence ... this 31/0 Jefferson is one of 31 NGC coins at this grade ... with none graded higher by NGC. BTW ... PCGS has this same coin at 31/0 in MS67FS. Quite a coincidence I say. David Take a look at my other hobby ... http://www.jk-dk.art |
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Moderator
United States
16679 Posts |
Best of luck! One of the nicest ones I've seen ;)
swcoin.ecrater.com
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Pillar of the Community
United States
1659 Posts |
Looks like it has blazing luster! It probably at least has a good shot! Good luck! Can't wait to see the results...  |
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Bedrock of the Community
United States
10038 Posts |
Stunning coin, thanks for sharing - looking forward to what NGC does with it.
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Bedrock of the Community
United States
10982 Posts |
Best of luck! If it doesn't cross you might try cracking it and submitting raw but some daring do would be required!
The price difference from NGC to PCGS is astounding for this piece. NGC pieces have averaged $299 at auction lately with PCGS pieces at $901 average.
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Pillar of the Community
United States
737 Posts |
Good luck! It definitely looks the part but you know how TPG's can be. |
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Moderator
United States
15446 Posts |
Thanks everyone for the encouragement and kind words ... this coin is now packed up and ready to ship to PCGS tomorrow. A few thoughts ... Quote:
NGC pieces have averaged $299 at auction lately with PCGS pieces at $901 average. Absolutely agree with that BH1964 ... I purchased this NGC lovely in Heritage auction #3053 for $297.50 (including buyers premium and shipping). The last PCGS example I was aware of sold for over $1100 about 6 months ago on E-Pray ... and I was sniped at the end by just a few dollars! Sooo ... it will cost me $54.95 to attempt a PCGS crossover ... I valued the coin at $900 ... and with grading fees ($30), handling charge ($8) and return shipping ($16.95) that is the total. Not an inexpensive game to play indeed. Lastly ... now wondering if this is a new DDO for 1942 ... check out my obverse photo above and note the apparent strong doubling around the entirety of Jefferson profile ... for sure prominent below the chin and above the nose. Can you see that ... or are my own digital photos fooling me?  My CherryPickers Guide 5th Edition lists two 1942-P DDO ... but not one with doubling around the entirety of Jefferson profile. Anyways ... that is a mystery to be sorted when I get the coin back in hand ... now she is packaged up and ready to send to PCGS. Stay tuned ... in about a month or so I'll report the cross-over results. Thanks again for the kind words. David Take a look at my other hobby ... http://www.jk-dk.art |
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Rest in Peace
United States
9104 Posts |
I take it you are sending the coin in slobbed, with instructions to only grade it 67fs or higher? If they do, you come out like a bandit, and either way, they get your fees, correct?
I wonder if they look at price spreads before crossing a coin like that. After all, they use market grading, and you're sending them a $300 coin, so why would they make it a $1200 coin?
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Pillar of the Community
United States
6386 Posts |
I think your odds of getting it into a PCGS MS67FS slab are much better if you send it in raw. I don't pretend to understand PCGS thinking, but Bigfredd may have it right: they could be particularly reluctant to cross a coin which has a large market price difference in PCGS vs. NGC plastic. I'll put on my "extremely cynical" hat for a moment and speculate that PCGS may also find it much more profitable to just refuse to cross a certain percentage of coins. They keep the fees and save the cost of physically slabbing the coin. They also avoid any potential risk of honoring the guarantee that a PCGS-graded coin will have. Now I'll take off the cynical hat and just report my experience of sending in a 1914 Barber half dollar that was graded NGC PR-64. PCGS refused to cross the slabbed coin. I subsequently cracked that coin out of the original NGC slab, sent it in raw, and received a grade of PCGS PR-64 Cameo. Same coin, different result for slabbed vs. raw submission. Isolated event, or evidence of a general practice? (oops, the cynical hat came back on for just a moment!). Anyway, good luck with the attempt, and please report the outcome! |
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Moderator
United States
15446 Posts |
Soooo .... this coin is on it's way to PCGS in it's original NGC holder. With the $16.95 postal fees I paid (Priority Mail, Insured w/ delivery receipt) ... this potential crossover has cost me $71.90 out of my pocket .... serious $$$ and causing me to consider whether I am an idiot to even try!  I win for sure if she comes back in a PCGS MS67FS slab ... but lose with any other outcome. I'll update this thread in about a month when I get the coin back ... Hoping this is a win for me ... and at the least a cautionary tale for newer collectors! David |
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Bedrock of the Community
United States
10982 Posts |
Why did it cost that much for one coin? Did you get Express service or ask for an attribution? Attribution fees are refunded if it doesn't cross. Make sure that $24 is returned to you in the event it doesn't cross.
Another way to save a few bucks on postage is to go USPS 1st Class Insured which would run about $6 total (with $300 ins.) and includes signature confirmation.
Best of luck!
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Pillar of the Community
United States
1064 Posts |
Nickelsearcher, thanks for the explanation - appreciate that!
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Pillar of the Community
United States
1547 Posts |
What a marketing gimmick these registry sets are.
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Pillar of the Community
United States
3184 Posts |
goodluck but I don't think your going to get it. Like others said you may want to send it in raw. PCGS doesn't do a lot of crossovers with the NGC slab but when you do it raw you may. How inconsistent!
BUY THE COIN NOT THE HOLDER. These registry sets are becoming ridiculous.........instead of enjoying the coin people just think of $$$$$$
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Replies: 20 / Views: 6,287 |
Posted 04/30/2011 9:29 pm
