CGS to NGC crossover - bad idea :(

[HeavyT]

Do anyone here have experience of getting a CGS coin moved across to NGC?

I paid quite a bit of money for a coin slabbed CGS 80, which is meant to be around MS64 Choice Unc. However, it came back from grading by NGC as a MS60! I can understand a coin dropping the odd grade but four full grades is pretty shocking! This makes the coin worth less than the price I paid for it even though it's now in a 'better' slab.

Does anyone else have any experience of getting CGS coins moved across, and how did they fare?

[Sovsaver]

Commiserations to you, but these are you pitfalls of buying graded coins. When you looked at the coin, did you think it was MS64?

[tbone]

47 minutes ago, HeavyT said:

Do anyone here have experience of getting a CGS coin moved across to NGC?

I paid quite a bit of money for a coin slabbed CGS 80, which is meant to be around MS64 Choice Unc. However, it came back from grading by NGC as a MS60! I can understand a coin dropping the odd grade but four full grades is pretty shocking! This makes the coin worth less than the price I paid for it even though it's now in a 'better' slab.

Does anyone else have any experience of getting CGS coins moved across, and how did they fare?

Not sure which one is correct?  Can you post a picture?

[NewMSmatist15]

1 hour ago, HeavyT said:

Do anyone here have experience of getting a CGS coin moved across to NGC?

I paid quite a bit of money for a coin slabbed CGS 80, which is meant to be around MS64 Choice Unc. However, it came back from grading by NGC as a MS60! I can understand a coin dropping the odd grade but four full grades is pretty shocking! This makes the coin worth less than the price I paid for it even though it's now in a 'better' slab.

Does anyone else have any experience of getting CGS coins moved across, and how did they fare?

I've avoided buying these CGS coins for the very reason I know the LEAST about them as a grading company. I think it is a London based grading firm, but the fact they use a 100 point scale instead of a Sheldon scale makes it difficult to determine which grades are equivalent. I believe CGS claims a 96 or up coin is a 70, which means 5 different CGS grades equate to a "perfect" coin in NGC or PCGS! That seems pretty absurd on the face of it.

I've crossed ICG, ANACS, and PCGS coins to NGC, but never CGS. If you post photos I'd be curious to see the difference. Also, was it a UK coin or a non-UK coin?

[SilverTanner]

I've crossed some CGS/LCGS although these were 85/88 and came back as 65 or 66 although a single 85 came back as 63+ which was was a little surprise compared to the others.

All my PCGS have so far crossed at the same grade although this doesn't always happen!

[HeavyT]

Here are some pics of obverse and reverse, what do you reckon? More MS64 or more MS60?

[NewMSmatist15]

Hard to tell about luster from those photos, but does look like there are some marks on the rim on the reverse (5 o'clock). What are the fields like? Marks and scratches?

[sovereignsteve]

The obverse looks nice but the reverse looks to have some flat spots unless it's the light. If they are there, definitely not a 64+ I would say 61 - 62 looking at both sides.
Is the line down the middle of the sword clear and Ok, can't see it in the photo.

[Fivepoundfred]

The NGC website says that it will only crossover PCGS coins and will not accept crossovers from other grading companies and they will only crossover at the same grade or lower. I know the graders inspect the coin in the holder then only remove it if it can be crossed at the customers grade request, if not they return it in the original holder,

If you send for example a coin graded in a CGS holder i presume they would remove it from the holder and grade it in the same way as a raw coin. In reality it may be better to remove the coin from the holder yourself and submit it as a raw coin, thus removing any possible implications of grading company rivalry.

 

I have only crossed the other way NGC to PCGS twice and both held the PR70 grade.

[HeavyT]

On ‎29‎/‎05‎/‎2018 at 21:16, Fivepoundfred said:

The NGC website says that it will only crossover PCGS coins and will not accept crossovers from other grading companies and they will only crossover at the same grade or lower. I know the graders inspect the coin in the holder then only remove it if it can be crossed at the customers grade request, if not they return it in the original holder,

If you send for example a coin graded in a CGS holder i presume they would remove it from the holder and grade it in the same way as a raw coin. In reality it may be better to remove the coin from the holder yourself and submit it as a raw coin, thus removing any possible implications of grading company rivalry.

 

I have only crossed the other way NGC to PCGS twice and both held the PR70 grade.

Yes, technically NGC treat CGS graded coins as 'Raw' but I've also failed in several attempts to cross-grade PCGS coins. I asked NGC to reslab only if it achieves the same grade or better, but 3 out of 8 PCGS coins didn't make it!