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The coins best grading service

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ABDELBARI
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Egypt
18 Posts
 Posted 06/26/2012  9:19 pm Show Profile Bookmark this topic Add ABDELBARI to your friends list Get a Link to this Message

Would you please let me know the most respected coins grading service

Moved to TPG forum - Sap

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 Posted 06/26/2012  9:30 pm  Show Profile Check IndianGoldEagle's eCrater Listings Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Coins in PCGS holders usually bring more money than NGC or ANACS holders. All three are good TPG's though.
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 Posted 06/26/2012  10:55 pm  Show Profile Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
NGC and PCGS are good, ANACs is pretty good as well
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 Posted 06/26/2012  11:25 pm  Show Profile Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
For whatever reason, many collectors beleive that PCGS & NGC are tops in their feild, and unless a coin is valued at four figures or above, I would not waste my time and money with the certification fees they charge... Added to that, when one submits their PCGS & NGC certified coins to CAC for a grade evaluation and see if it's worthy of their little football shape sticker, less than 45% of the PCGS & NGC holdered coins actually meet the CAC Standards and are stickered... The other 55+% are not upto CAC's standards and don't receive the sticker...(of the coins that do not meet CAC standards, are you purchasing the holder or the coin in the holder)
I prefer ANACS as they are also tight on the grading, much cheaper to have your coins certified, and most important, if any of your coins are "problem" coins, such as a old cleaning, etc. that you are unaware of, ANACS will return your coin/coins in a holder and not in a body bag that PCGS & NGC is famous for, let alone that they keep the certification fees...
I do admit that in the past I was forced to join NGC as I needed two extreemly rare (4 figure) error notes certified and my only option was to send them to PMG as PCGS did not grade Bank of England notes at the time, and the coins I did submit to NGC for certification (as a new member) I ended up having one NGC MS65 Quarter reholdered in a PCI holder... That coin and the two PMG notes have been posted on this site...
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 Posted 06/26/2012  11:40 pm  Show Profile Check Indian1's eBay Listings Bookmark this reply Add Indian1 to your friends list Get a Link to this Reply


And I will add that Anacs does more variety/error coins than the others and has been in the business longer than both. Only downside
is that because of over grading by the two others, Anacs slabs go for less on the market. It's no longer just a hobby, it's big business now.

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 Posted 06/27/2012  08:59 am  Show Profile Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
It depends on the coins, and it depends on your purpose for having them certified. Your question is too vague and too broad for anyone to give a realistic response. Please reply with what coins you are considering certification and the reason for doing so, and someone will post an answer you can actually use based on your complete question.

There is no single grading service that will be the 'best' for all coins in all circumstances. All have their strengths and all have their weaknesses, but a foregone conclusion is that there are only three that are in any way marketable and widely respected - PCGS, NGC, and ANACS.
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 Posted 06/28/2012  02:21 am  Show Profile Check basebal21's eBay Listings Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
If you mean resale price, PCGS than NGC than ANACS then anything else.

I think NGC does more old coins than PCGS or at least used to.
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 Posted 09/07/2012  1:50 pm  Show Profile Bookmark this reply Add elevencents11c to your friends list Get a Link to this Reply
I can easily say it's still Accugrade, This grading company started on 1984 and the owner is Mr. Alan Hager, followed by PCGS on 1986 after the owner David hall Paid Mr. Alan Hager of 100,000.00 US Dollars for his expertise and his PATENT. Then the third slabbing company is NGC start on 1987. Why I am saying this? with my all experiences regarding about the skill of the graders ONLY Mr. Alan Hager is more knowledgeable than any other grader that I talk too. When I visit the Baltimore Coin Show in Maryland from 1996- to the end of 1999 No other bourse grader of any Third Party Grading convinced me of the grade or either the safety of my Unique Coin. Then on March 2000, The arrival of Mr. Alan Hager in Baltimore Coin Show, I ask him if he can certified my coins and He said yes? And it takes only about 45 mins-1 Hr. he certified my 1973 Brass Linconl cent AU 58 and other coins, But I was suprised to the 1995 Penny On Dime that it was certified by him as MINT without any assigned numerical number as MS 67 or so. So I ask him why there's no NUMERICAL Number on this one. His reply is NO NEED because it is impossible to have this one to have a duplicate at all, The details of both denomination is visible on both side. Accugrade Holder still one of the piece of History in Numismatist World and so many older collectors still keeping their coins in the old OLDER like Mine.A 1995 Penny On Dime-ACG-MINT. So I can give him a CREDIT for his Invention of slab without his invention the PCGS and others will not existed today.
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 Posted 09/08/2012  06:00 am  Show Profile Check Susanlynn9's eBay Listings Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Actually, the first grading company was ANACS (American Numismatic Association Certification Service) which started grading coins in the early '70's (1972?)

While ACG (AccuGrade) was the next grading company to open, collectors with extensive experience in graded/slabbed coins generally do not include ACG in the top three, or even consider the grades to be reliable. There have been numerous legal actions involving this company and known circulated and problem coins that were graded/encapsulated by ACG as uncirculated and problem-free coins. I have seen quite a few ACG coins in the past 10 years that were grossly overgraded.

If you are satisfied with ACG grading, that is fine, but most collectors only rank PCGS, ANACS, ICG, and NGC as the top respected third-party grading companies. On a side note, I have been very pleased with classic coins graded by SEGS, also.
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 Posted 09/08/2012  06:48 am  Show Profile Bookmark this reply Add elevencents11c to your friends list Get a Link to this Reply
Yes, you are right that ANACS is the First but without SLAB a plastic coin holder. I am talking the First Slabbing Graded Coin is Accugrade on 1984 followed by PCGS 1986 then NGC 1987.
I still see some older collectors still bidding in Accugrade Holder On Line Auction. Everytime this ACG Holder come out on on line auction they sold it Easily or disappeared although they treated as RAW.
BTW, with regards of all the legal issue Accugrade vs Defendants. Accugrade Won on a settlement on his favor against all defendants. I do have a copy that was published by Accugrade on their website around December of 2006.
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 Posted 09/08/2012  12:34 pm  Show Profile Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I prefer ANACS as they are also tight on the grading, much cheaper to have your coins certified, and most important, if any of your coins are "problem" coins, such as a old cleaning, etc. that you are unaware of, ANACS will return your coin/coins in a holder and not in a body bag that PCGS & NGC is famous for, let alone that they keep the certification fees..

PCGS and NGC have been slabbing problem coins for about three years now. Body bags are almost unheard of now.


Quote:
Actually, the first grading company was ANACS (American Numismatic Association Certification Service) which started grading coins in the early '70's (1972?)

While ANACS opened in 1972 they did not begin grading coins until 1979. And there were several other grading companies between ANACS and ACG. ACG's claim to fame was as the first US company to use sealed hard plastic slabs.


Quote:
BTW, with regards of all the legal issue Accugrade vs Defendants. Accugrade Won on a settlement on his favor against all defendants.

ACG did not win a settlement, ACG and the Defendants settled out of court.


Quote:
There have been numerous legal actions involving this company and known circulated and problem coins that were graded/encapsulated by ACG as uncirculated and problem-free coins.

There have been several legal actions involving ACG, but I don't know of any over them slabbing circ and problem coins as Unc and problem free.
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 Posted 09/08/2012  1:06 pm  Show Profile Bookmark this reply Add elevencents11c to your friends list Get a Link to this Reply
ACG did not win a settlement, ACG and the Defendants settled out of court.

Yes, The Defendants settled it in Favor of the Plaintiff ( Accugrade ) that is why I called it winning.That is all.
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 Posted 09/09/2012  04:30 am  Show Profile Check Susanlynn9's eBay Listings Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Conder, thank you for the correction and clarification. I should have worded my post a little better and done some research. I was relying on my memory which is never a good idea.

While the legal action was not against ACG for their grading practices, their grading practices were the indirect cause of the lawsuit since ACG brought the suit against individuals, companies, and forum site owners to combat what they felt was slander. Discussions were rampant about the inaccuracy of ACG grading. The only reason that those discussions have ceased is that the company is no longer in business.

For what it's worth, out of the approximately 25 ACG graded coins that I have seen in-hand, around 15 of them were what I consider to be grossly over-graded (2 or more levels above the actual grade such as Fine instead of Good) and approximately 5 were overgraded to the next level. In my opinion, only five (20%) were accurately graded.

While I understand that grading is subjective, the difference between a circulated and uncirculated coin is pretty objective and two of the coins I looked at were clearly circulated yet were in uncirculated slabs. These were Indian head cents that were definitely not due to strike issues.

I think it is safe to say that knowledgeable people who are buying coins in ACG slabs are buying the coin, not the holder, and are paying the money for the true grade, not the grade assigned by ACG.

Since the OP wanted to know who "the most respected grading service" is, I feel that it is very important to make it clear that, in the opinion of the knowledgeable collectors, experts, and dealers that I know, ACG is not highly respected now and wasn't considered to be "top tier" when they were still in business.
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EAC #5255 | CONECA #N-3902
Please take a look at our CCF and eBay coin and currency auctions.
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 Posted 09/09/2012  2:34 pm  Show Profile Check SsuperDdave's eBay Listings Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:

Since the OP wanted to know who "the most respected grading service" is, I feel that it is very important to make it clear that, in the opinion of the knowledgeable collectors, experts, and dealers that I know, ACG is not highly respected now and wasn't considered to be "top tier" when they were still in business.


Well, that's correctly worded.
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