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Set Upgrades from Crossovers, Raw Coins, and Cut-Outs - Part 1

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birdspot

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This debut entry will serve as an overview of my experiences thus far in adding to my Registry Sets through various forms of submissions to NGC and PCGS. Grades from the 1st and 2nd rounds of coin submissions have come back from PCGS...

In an attempt to clean up my collection, and make it more accurate in terms of grades, several groups of coins have been submitted to NGC and PCGS in recent weeks.

The first submission consisted of 8 key date coins sent to PCGS for Crossover Service.

The coins were already in slabs from: one of the other Top 4 companies (old slabs), a recently defunct grading company (old & new slabs), and a long ago defunct grading company.

Of the 8 coins submitted, 4 coins Did Not Cross (DNC). Of those 4 coins, 2 were from the recently defunct company (one old, one new) and 2 were from one of the Top 4 companies (one old, one really old with no barcode).

Of the remaining 4 coins, 3 were labeled as having Altered Surfaces. Of those 3, 2 were newer slabs from the recently defunct company and 1 was an older slab from one of the Top 4 companies.

The 1 remaining coin cleared PCGS's stringent standards and maintained it's original grade while gaining a PCGS slab.

The coin that passed over to PCGS was in an old slab from the recently defunct company graded at MS64PQ. I passed over with a PCGS grade of MS64. It was a $5 gold piece and is absolutely Premium Quality with blinding luster and a minted-yesterday appearance. A very stunning coin in hand.

The results of this submission were basically what I expected. I am pleased that at least one of the coins made the cross from an inconsistent, new defunct, grading company over to PCGS. The move of the $5 gold piece over to PCGS MS64 also brings considerable profit and personal satisfaction so that makes it all worthwhile.

The coins that didn't make the grade will be sent to NGC next to see if they can make the grade at NGC since several were very close to making it in my sincere opinion.

The coins that were condemned as having Altered Surfaces will be melted down as scrap. Kidding. They at least serve as a lesson (although I don't see the alterations) and will hopefully prevent similar occurrences in future submissions.

I hope this Journal Entry is both helpful and inspiring, and finds you all well. Good luck collecting!

 

<=<

- Birdspot

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