Comments on: Crossing Over Morgan Dollars from ANACS to PCGS

By: T. Martin

T. Martin — Wed, 08 Dec 2010 02:51:09 +0000

How do you, if the coins are graded wrong? PCGS is part of the Collectors Universe traded on the NASDAQ: CLCT. They after gaining market share to monoplize the industry through any means necessary and this includes destroying the competition with propaganda.

By: Michael Bugeja

Michael Bugeja — Sun, 10 Oct 2010 16:21:54 +0000

Thank you so much, Glenn. I’m familiar with the Texas show as I am a graduate of Oklahoma State. ANACS does good work, especially in error coins. With much appreciation, Michael

By: Glenn

Glenn — Sun, 10 Oct 2010 14:12:32 +0000

This is an area where your article is both interesting and practical. I am new to the hobby and as a buyer I have leaned heavily toward PCGS holders because they seem to be the top company. I went to a Texas Numismatic coin show and ANACS was there receiving coins for grading and they were very busy. I submitted an error coin, 1999 D Jefferson nichol with a double die obverse which is not listed in any literature. I will do a cross over when it comes back. Great article, well written and very informative

By: Michael Bugeja

Michael Bugeja — Sat, 07 Aug 2010 21:44:11 +0000

Thanks for contributing, Gary. I just don’t know why some coins are not graded or the proper error designation not included. I wrote about the latter in a previous Coingrader Capsule: http://news.coinupdate.com/1952-superbird-washington-quarter-loses-ngc-attribution/

By: Gary D. West

Gary D. West — Sat, 07 Aug 2010 21:40:50 +0000

The problem I have at the moment is that PCGS will not attribute the 1988 D RDV-006. Quite possibly because of the extreme rarity of the coin ? I cannot understand that, because the reverse either is the common one or it isn’t. I do know that CONECA can attribute the coin and submit to ANACS for grading. So do you want a more knowledgeable source grading extreme rarities or someone ignorant of it’s importance ?
I know where mine will go.

By: Michael Bugeja

Michael Bugeja — Wed, 14 Jul 2010 14:26:23 +0000

I’m increasingly convinced that grading is subjective, especially when one has “genuine” or “details” available. I just sent a perfect coin from the U.S. Mint to PCGS and got a “tooled” designation. I suspect all 70s are subject to PF or MS69.

By: Bum

Bum — Wed, 14 Jul 2010 14:13:15 +0000

It would be interesting to see if they would cross over any PF70 coin from any of the other top graders.

By: Michael Bugeja

Michael Bugeja — Mon, 14 Jun 2010 16:19:41 +0000

Hi, Joe–

Thanks for writing. You’d think that NGC should cross over to NGC. I think both are consistent graders, although on that score I believe PCGS is slightly better. I notice a distinct difference in how NGC grades for gold, almost a point above PCGS each time. NGC tends to grade more for numismatists; PCGS, for the market. In other words, NGC looks a little more closely at eye appeal and luster whereas PCGS looks more for strike and overall appeal on the marketplace.

If you have NGC coins, you might just not bother crossing over. Both are consistent, top-notch holders. The only reason I am crossing over a few Morgan dollars in NGC holders is to complete a set registry (PCGS doesn’t allo NGC coins whereas NGC allows PCGS coins in its registries).

I’m still bidding on those ICG coins MS65. Haven’t won one yet. When I do, I’ll see if it will cross and let you know here.

Thanks again!

By: Joe

Joe — Mon, 14 Jun 2010 07:33:05 +0000

Hi Michael,
Thanks for the helpful reply and further info.
I was curious about NGC versus PCGS grading-wise. If it is possible to crossover ANACS coins to PCGS, NGC slab should be pretty straightforwardly crossed-over to PCGS, no? Do they have pretty much the same grading criteria for Morgan dollars? And it that true for more modern coins as well? For example, would it be feasible to cross high grade (MS-67 or 68) walking liberty halves, or high grade buffalo nickel proof from NGC to PCGS.
I am just getting into this stuff and it’s pretty fascinating.
Have you found the appropriate MS-65 IGC coin to try to get into PCGS slab yet?
Thanks again.

By: Michael Bugeja

Michael Bugeja — Thu, 10 Jun 2010 08:41:41 +0000

They all came back with the ANACS grade, but were older Morgans (as I am in a PCGS set registry). I held my breath on an MS55 1894-S because to my eye it had just made the grade; but it crossed.

I have been bidding on MS-65 IGC coins (always inspecting them first, of course) and trying to pay no more than $65. If I get one, I’ll send it in, and with the grading fee, that would be an MS65 in a PCGS holder for about $85!

For a future article, I am going to send in coins from different grading companies and see what happens.

Thank you, Joe, for reading Coingrader Capsule!