TPRC Posted September 15, 2021 Share Posted September 15, 2021 I have a rather rather scarce GSA coin in a fully encased ATS holder that I am considering cracking out and sending to NGC because (1) I like the look of the NGC GSAs a little better, (2) I think it may upgrade, and (3) I think and have been told that NGC GSAs do a little better in the marketplace. I have never cracked out a GSA holder from ATS so before I do, I thought I would ask some advice here. First, do you think NGC GSAs do better in the marketplace than the fully encapsulated ones ATS? . I know NGC GSAs are more popular and I believe they present better. Should I just send it in for a cross over? Are they easy to crack out? I do think this coin has a reasonable chance of grading a point higher than it did ATS. Thank you in advance. GoldFinger1969 1 Link to comment Share on other sites More sharing options...
VKurtB Posted September 15, 2021 Share Posted September 15, 2021 (edited) On 9/15/2021 at 10:56 AM, TPRC said: I have a rather rather scarce GSA coin in a fully encased ATS holder that I am considering cracking out and sending to NGC because (1) I like the look of the NGC GSAs a little better, (2) I think it may upgrade, and (3) I think and have been told that NGC GSAs do a little better in the marketplace. I have never cracked out a GSA holder from ATS so before I do, I thought I would ask some advice here. First, do you think NGC GSAs do better in the marketplace than the fully encapsulated ones ATS? . I know NGC GSAs are more popular and I believe they present better. Should I just send it in for a cross over? Are they easy to crack out? I do think this coin has a reasonable chance of grading a point higher than it did ATS. Thank you in advance. I don't understand. How would you "crack out" a GSA? I've never seen one done by ATS. Edited September 15, 2021 by VKurtB Alex in PA. 1 Link to comment Share on other sites More sharing options...
Alex in PA. Posted September 15, 2021 Share Posted September 15, 2021 PCGS has created a special oversized holder so the unique GSA Hoard Silver dollar coins can be PCGS-certified and still be encapsulated in the original GSA holder. Customers can now choose how they would like their GSA Hoard coins encapsulated. Submit GSA Carson City Silver Dollars in the original GSA case and PCGS will grade and encapsulate the coin (and case) in our special oversized holder. Please follow these instructions when submitting these coins to PCGS TPRC and GoldFinger1969 1 1 Link to comment Share on other sites More sharing options...
TPRC Posted September 15, 2021 Author Share Posted September 15, 2021 I am talking about cracking the GSA out of the fully encased holder from ATS, and not out of the GSA encasement. GoldFinger1969 1 Link to comment Share on other sites More sharing options...
VKurtB Posted September 15, 2021 Share Posted September 15, 2021 On 9/15/2021 at 11:08 AM, TPRC said: I am talking about cracking the GSA out of the fully encased holder from ATS, and not out of the GSA encasement. How would you crack the outer without damaging the GSA holder? Seems like a tough surgery to me. Alex in PA. 1 Link to comment Share on other sites More sharing options...
Alex in PA. Posted September 15, 2021 Share Posted September 15, 2021 On 9/15/2021 at 11:56 AM, TPRC said: I think it may upgrade, What is it now? Link to comment Share on other sites More sharing options...
TPRC Posted September 15, 2021 Author Share Posted September 15, 2021 Well, that is the $64,000 question. I have never done it, but it does not look difficult. There appears to be a foam insert between the ATS outer casing and the GSA holder, so it looks easy. I have cracked out many coins in all types of holders without a single incident, but as the ATS holders are a unusual, I thought. I would ask. Link to comment Share on other sites More sharing options...
TPRC Posted September 15, 2021 Author Share Posted September 15, 2021 (edited) 62 And I consider myself a pretty good grader. Edited September 15, 2021 by TPRC Link to comment Share on other sites More sharing options...
Alex in PA. Posted September 15, 2021 Share Posted September 15, 2021 If your GSA is PCGS MS 62 then you are wasting your money. Link to comment Share on other sites More sharing options...
TPRC Posted September 15, 2021 Author Share Posted September 15, 2021 not for this one-1k differential Link to comment Share on other sites More sharing options...
Alex in PA. Posted September 15, 2021 Share Posted September 15, 2021 (edited) On 9/15/2021 at 12:25 PM, TPRC said: not for this one-1k differential So, if you cross to NGC that automatically raises the premium of your coin $1,000.00? I don't believe you. And I still say you are wasting your money. But then; it's your money. Edited September 15, 2021 by Alex in PA. Add information Link to comment Share on other sites More sharing options...
TPRC Posted September 15, 2021 Author Share Posted September 15, 2021 (edited) On 9/15/2021 at 12:27 PM, Alex in PA. said: So, if you cross to NGC that automatically raises the premium of your coin $1,000.00? I don't believe you. OK, I don't really wish to fight about that as nothing is automatic and the coin is the coin, right? And I mean to say if it crosses to NGC and goes up a point it is worth 1k more. Auction records support my position. In addition, I really like the look of NGC GSA's better and I have been told that NGC GSAs do better and are more widely accepted. They certainly are more common. Edited September 15, 2021 by TPRC GoldFinger1969 1 Link to comment Share on other sites More sharing options...
Alex in PA. Posted September 15, 2021 Share Posted September 15, 2021 (edited) On 9/15/2021 at 12:36 PM, TPRC said: if it crosses to NGC and goes up a point it is worth 1k more. Why not enlighten us as to what this coin is. It's easy to brag without proof. Describe it and if I am wrong I will gladly admite it but apparently I have more faith in the PCGS graders than most do. Either way; crack it and go for it them come back and prove me wrong. Also: have you thought you may have it come back a 61 or 60? Edited September 15, 2021 by Alex in PA. GoldFinger1969 1 Link to comment Share on other sites More sharing options...
TPRC Posted September 15, 2021 Author Share Posted September 15, 2021 I'd rather not identify the coin right now. I will say that I also have more faith in the ATS graders than most do for most U.S. coins, and that is also a consideration, though I have heard (but do not know) that NGC GSAs do better than ATS GSAs, even in full encapsulation. And you are correct in noting that it could come back as a 60 or 61, and that is certainly a chance that I would have to take. But I have been grading a long time and I think this is a 62 with a real shot at 63 and nicer than many 63s I have seen. All I am suggesting is that I am considering cracking it if I can do so easily and sending it in with several other GSAs. I would save on an extra submission form and fee, and it could be done more easily. But I am not a GSA guy and I don't even know if I should save the box and papers, as I have also heard that folks like to keep those with the coins. Thank you for your comments and I'll consider posting at a later date. For now, I will assume that no one has cracked out a GSA fully encapsulated from ATS and that was my primary question GoldFinger1969 1 Link to comment Share on other sites More sharing options...
Coinbuf Posted September 15, 2021 Share Posted September 15, 2021 The PCGS full encapsulation program for GSA's is not brand new but still a fairly new product, so it is uncertain how the market values vs the established NGC format will play out. As you noted right now it does seem that NGC GSA's tend to sell slightly better and for a few dollars more, unknown if that will continue to be true. I have not seen one of the PCGS full GSA holders in hand; but from the photos if you are careful I doubt that you will have any issue removing the GSA and holder intact. Good luck with whatever direction you choose and I hope you get the upgrade if you do decide to submit to NGC. Link to comment Share on other sites More sharing options...
MarkFeld Posted September 15, 2021 Share Posted September 15, 2021 Most GSA's wouldn't bring enough extra in a different holder to cover grading and shipping costs. But, while you've indicated that this is an unusual case, you don't want to provide specifics. So I don't see how anyone could give you meaningful advice. And it sounds like you've made up your mind, anyway. Additionally, while you feel that there's additional upside, due to a potential upgrade, who's to say it wouldn't upgrade at PCGS? Mohawk and Alex in PA. 2 Link to comment Share on other sites More sharing options...
RWB Posted September 15, 2021 Share Posted September 15, 2021 Follow Mark's advice -- unless you want to post sharp photos for the members to critique. Mohawk and GoldFinger1969 2 Link to comment Share on other sites More sharing options...
Popular Post Woods020 Posted September 16, 2021 Popular Post Share Posted September 16, 2021 I am very curious why this GSA Morgan is a states secret not to be named? There are only a few options really that could see a $1k or more swing in an upgrade from 62-63. None of which are classified that I am aware of despite the fact they come from the GSA 😂. Let me take a stab just for fun and to see if the black helicopters start flying around….1892 CC? Henri Charriere, Alex in PA., Mohawk and 2 others 1 4 Link to comment Share on other sites More sharing options...
Mohawk Posted September 16, 2021 Share Posted September 16, 2021 Without knowing what the coin is, trying to give any advice on it is a fool's errand. Until the secrecy is dropped....... Alex in PA. 1 Link to comment Share on other sites More sharing options...
Conder101 Posted September 17, 2021 Share Posted September 17, 2021 Leave it in the ATS holder and either send it in as a crossover, or just for straight grading (in the GSA holder) and NGC will handle the cracking out. That way you don't risk damaging the GSA holder. GoldFinger1969 and Alex in PA. 2 Link to comment Share on other sites More sharing options...
TPRC Posted September 17, 2021 Author Share Posted September 17, 2021 On 9/16/2021 at 10:47 PM, Conder101 said: Leave it in the ATS holder and either send it in as a crossover, or just for straight grading (in the GSA holder) and NGC will handle the cracking out. That way you don't risk damaging the GSA holder. I was not aware that that was an option. Is it? Alex in PA. 1 Link to comment Share on other sites More sharing options...
Alex in PA. Posted September 17, 2021 Share Posted September 17, 2021 On 9/17/2021 at 5:12 PM, TPRC said: Is it? Page 2 of the Submission Form. TPRC 1 Link to comment Share on other sites More sharing options...
TPRC Posted September 19, 2021 Author Share Posted September 19, 2021 On 9/17/2021 at 5:29 PM, Alex in PA. said: Page 2 of the Submission Form. Thank you. I never knew that. I am going to call tomorrow just to ensure I can do it that way, but if it is so, as it appears to be, that is exactly what I will do. And I'll post an update either way when I have completed this process and sold the item.. Link to comment Share on other sites More sharing options...
GoldFinger1969 Posted September 20, 2021 Share Posted September 20, 2021 Doesn't NGC just put a ribbon around the OGP for Morgan GSA's ? Alex in PA. 1 Link to comment Share on other sites More sharing options...
Morpheus1967 Posted September 20, 2021 Share Posted September 20, 2021 On 9/15/2021 at 1:13 PM, TPRC said: I'd rather not identify the coin right now. I will never understand this. Let me ask for opinions, but not give all the needed information. SMH. GoldFinger1969 and Alex in PA. 2 Link to comment Share on other sites More sharing options...
Popular Post Fenntucky Mike Posted September 20, 2021 Popular Post Share Posted September 20, 2021 On 9/20/2021 at 1:06 AM, GoldFinger1969 said: Doesn't NGC just put a ribbon around the OGP for Morgan GSA's ? Yep. This article is from a few years ago but I believe it's still relevant. rrantique, Alex in PA. and GoldFinger1969 3 Link to comment Share on other sites More sharing options...
TPRC Posted February 20, 2022 Author Share Posted February 20, 2022 I was criticized a bit for my post on this topic so I thought I owed posters/responders an update. The coin was a 1903-O GSA Hard Pack Dollar. I originally only wanted to understand how best to submit it, but my inquiry was broader than that-too broad. Also, I did not want to provide a ton of details because I was intending to sell it. I tried to send it in as a straight grade in the PCGS graded case but NGC would not do that and advised it could only be treated as a cross-over (unless I cracked it out of the PCGS encasement myself, which I was afraid to do.) So, we modified it to cross at any grade. It did not upgrade but crossed at the original 62 grade and I sold it. 61s, 62s 63s and 64s do go for decent differentials, so it was worth the try at the upgrade. Overall, I was pleased with the result and I still believe that NGC graded GSA hard packs are preferable. Fenntucky Mike and GoldFinger1969 2 Link to comment Share on other sites More sharing options...
GoldFinger1969 Posted February 20, 2022 Share Posted February 20, 2022 Pics, before and after ? Alex in PA. 1 Link to comment Share on other sites More sharing options...
GoldFinger1969 Posted February 20, 2022 Share Posted February 20, 2022 On 2/20/2022 at 4:26 PM, TPRC said: Also, I did not want to provide a ton of details because I was intending to sell it. I don't know why that impacted your decision to not give us details or post pics. Nobody here would have done anything to undermine your sale, if anything people would have been happy to help. In any event, glad it worked out for you. Link to comment Share on other sites More sharing options...
