Benchmark collection PCGS crossovers in Universal Coin auction

[kchan1111]

I notice quite a few of the IAG benchmark coins have been submitted to PCGS for crossover and now up for auction with Universal Coin Company.

1919 Australian KGV Half Penny - PCGS MS65+RD
1920 Australian KGV Half Penny - PCGS MS65RD
1924 Australian KGV Half Penny - PCGS MS64+RB
1927 Australian KGV Half Penny - PCGS MS65RB
1928 Australian KGV Half Penny - PCGS MS64RB
1929 Australian KGV Half Penny - PCGS MS65+RB
1945(P) Australian KGVI Half Penny - PCGS MS64BN
1946(P) Australian KGVI Half Penny - PCGS MS63RB

1931 Australian KGV Penny - PCGS MS64RB
1944(P) Australian KGVI Penny - PCGS MS64RB
1952(P) Australian KGVI Penny - PCGS MS64+RB
1953(P) Australian QEII Penny - PCGS MS64RB
1956(M) Australian QEII Penny - PCGS MS64+RD

1940 Australian KGVI Threepence - PCGS MS64
1941 Australian KGVI Threepence - PCGS MS65
1949 Australian KGVI Threepence - PCGS MS65
1952 Australian KGVI Threepence - PCGS MS66

1910 Australian KGV Sixpence - PCGS MS64
1940 Australian KGVI Sixpence - PCGS MS65
1942-S Australian KGVI Sixpence - PCGS MS65
1942 Australian KGVI Sixpence - PCGS MS64

1913 Australian KGV Shilling - PCGS MS65
1927 Australian KGV Shilling - PCGS MS66
1935 Australian KGV Shilling - PCGS MS65

1919-M Australian KGV Florin - PCGS MS65
1922 Australian KGV Florin - PCGS MS65
1938 Australian KGVI Florin - PCGS MS64

Comparing the two and it looks like most NGC coins have crossed lower, with a couple half grade higher

Half Penny: half grade lower - 1, 1 grade lower - 3, half grade higher - 2,
Penny: 1 grade lower - 2, half grade lower - 2
Three Pence: 1 grade lower - 1, same grade - 3
Six Pence: 1 grade lower - 3, same grade - 1
Shilling: 1 grade lower - 1, same grade - 3
Florin: same grade - 3

Here's the link to my spreadsheet
https://docs.google.com/spreadsheets/d/1Jh_9RNEzHBn26o3W1IHyFfOU_G4RVB3eDnYgdeZjrM0/edit?usp=sharing

It would be interesting to see how the final auction results compared. Universal Coin's estimates seems higher than IAG's.

[ausjack]

Yes some really nice coins getting around ATM but also nice prices :swoon: but for some that only get put up for sale once in a blue moon I can understand why :good:

[Oldcoinchest]

Wow, good pick up, right on the ball there. Amazing what you can see when you look outside the box. Awesome work on the spreadsheet. Thanks for sharing.

[ausjack]

Hey OCC noble have some nice old coins up for grabs ATM, here's a link to just the proof and patterns, suss out some of the other thing as well :good:
http://www.noble.com.au/auctions/search/?sale=108&p=1&c=5815
and if your into errors there some nice one's here but wish they put pic's up for all the coins
http://www.noble.com.au/auctions/search/?sale=108&p=1&c=5782

[ausproofs]

Well done there Kchan...  good work mate !
In the last few years I have done over 20 NGC coins crossovers... Only 1 coin has graded higher.. normally silver cross over 1 lower and copper coins up to 2 grades lower ..

[nealeffendi]

Well done there Kchan...  good work mate !

In the last few years I have done over 20 NGC coins crossovers... Only 1 coin has graded higher.. normally silver cross over 1 lower and copper coins up to 2 grades lower ..

I'm guessing they sussed out which coins might have a chance at even cross over or they bid based on a lower grade value. Those high grade florins are really good buying by Universal and if they get near their value then they will be making 100% on their investment. Thanks Kchan for the effort.

[kchan1111]

No worries. :ok: It will be interesting to see what prices are realised when the same coins are now in PCGS slabs.

The thing to be aware of also is that Universal's buyer premium is 15% while IAG's is close to 20%. The IAG auction also had technical issues so probably had impact on the prices perhaps?

[ausproofs]

Only time will tell.... not long to wait ....

[spraggdean23]

I have just received the grade for the 1942-d threepence from the benchmark collection from Pcgs. The coin graded ms65 which is one point lower than what Ngc had graded it (ms66). I am still very happy with this result!

[ausproofs]

Well done mate...

[drakesterling]

Did anyone's Benchmark coins upgrade?

Eric

[Oldcoinchest]

Did anyone's Benchmark coins upgrade?

Eric

Now I understand the sound of silence.. lol,
sorry, just had to put in there

[robbiegal]

I think that there is some chatter this thread - PCGS submissions, Grading Opinions

[Oldcoinchest]

I think that there is some chatter this thread - PCGS submissions, Grading Opinions

Its a fair question and would be great to hear if someone did have an upgrade. I just meant to be funny not a smartass. With just what I have read and seen lately it seems that they go down 1. Just makes you think is that a pre-determined result when regrading a slabbed coin by a different company. Why wouldn't you try to make the it clear your grading is more accurate and you are the best? Do people remove the coin before sending or does it still have 'NGC' please lower me a grade written all over it? Surely not as some come back equal but im sure they have to be spot on to come back equal? ?

[ausproofs]

I think that there is some chatter this thread - PCGS submissions, Grading Opinions

Its a fair question and would be great to hear if someone did have an upgrade. I just meant to be funny not a smartass. With just what I have read and seen lately it seems that they go down 1. Just makes you think is that a pre-determined result when regrading a slabbed coin by a different company. Why wouldn't you try to make the it clear your grading is more accurate and you are the best? Do people remove the coin before sending or does it still have 'NGC' please lower me a grade written all over it? Surely not as some come back equal but im sure they have to be spot on to come back equal? ?

All my NGC coins were out of the holder when I got them graded with PCGS. Most coins go down by 1 or 2 point ... very rarely, it can go up by 1 or so point as well ( Happened to me once).