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Tell Me Again How PCGS And NGC Are Better Than ANACS And ICG

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Author Previous TopicReplies: 27 / Views: 5,742Next Topic Page 2 of 2
Bedrock of the Community
United States
10982 Posts
 Posted 09/22/2012  10:57 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
It's very unusual for any ASE to be graded under 69. My guess is they saw a flaw and said "69".
ANA #R3154474
Valued Member
291 Posts
 Posted 09/22/2012  11:30 pm  Show Profile   Bookmark this reply Add Senex to your friends list

Quote:
I am well aware humans make mistakes. And I dont expect everything they do to be perfect. My point is they are NO BETTER THAN ANACS OR ICG and this is simply one of many examples to point towards that.


The marketplace would disagree with your assessment and so would I.
Nobody's perfect but PCGS and NGC are, in my experience, more accurate and more reliable than ICG and the later ANACS slabs.
It isn't just marketing that makes them more respected (although I'll admit it may be a minor factor).
As always you should buy the coin, not the slab.
Astute buyers can take advantage of the price disparity between PCGS/NGC and ICG/ANACS and get some very nice coins in the latter's slab at a discount.
I have some coins in old ANACS slab that would cross over easily at the same (maybe higher) grade at PCGS.
Pillar of the Community
Canada
5324 Posts
 Posted 09/23/2012  02:09 am  Show Profile   Bookmark this reply Add john100 to your friends list
nothing speaks more about a companies product but its dominance in its field.
Valued Member
United States
337 Posts
 Posted 09/28/2012  10:16 am  Show Profile   Bookmark this reply Add FinanceGuru to your friends list
Even on my iPhone the coin scratches/dings are easily visible.
Valued Member
United States
58 Posts
 Posted 11/03/2012  9:26 pm  Show Profile   Bookmark this reply Add malikot to your friends list
Hi, I just want to share my experience with ANACS & PCGS. Just 2 weeks ago, I Crack 2 slab Philippine coins , 1 from ANACS MS63 and 1 from ICG MS64 and I submitted it to PCGS together with my other RAW coins. And last monday I just got my coins back. ICG MS64 coin cameback as PCGS MS64 same as before, but the ANACS MS63 coin was shocking, it came back as PCGS MS66 , I was shock !! but I'm very Happy hehehehe.

So, what do you think about these 2 Grading company?
Tell-Me-Again-How-PCGS-And-NGC-Are-Better-Than-ANACS-And-ICG
Tell-Me-Again-How-PCGS-And-NGC-Are-Better-Than-ANACS-And-ICG


Below are the actual photo of the coins.
Valued Member
United States
58 Posts
 Posted 11/03/2012  9:29 pm  Show Profile   Bookmark this reply Add malikot to your friends list
Corretion. I submitted the coins last 3 weeks ago. Thanks
Pillar of the Community
United States
1660 Posts
 Posted 11/03/2012  10:56 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list
I think a tell-all, behind the scenes, expose by a PCGS grader would be quite the eye-opening read.
Bedrock of the Community
United States
17884 Posts
 Posted 11/06/2012  09:20 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
Yes it would, I was speaking with one this past weekend and he does have some good stories.
Valued Member
107 Posts
 Posted 11/06/2012  2:15 pm  Show Profile   Bookmark this reply Add nicscoin to your friends list
Ya I too would be very dissapointed in this coin
Valued Member
United States
58 Posts
 Posted 11/10/2012  6:32 pm  Show Profile   Bookmark this reply Add malikot to your friends list
In my Experience in Cracking coins,then sending them to PCGS, NGC, ANACS to see if the outcome grade are still the same, I CONCLUDE that this 3 Grading Company is not really consistent. So, when you buy graded coins, grade it by yourself and be sure you buy the coin inside not the PLASTIC.
Bedrock of the Community
United States
14454 Posts
 Posted 11/10/2012  8:04 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list

Quote:
So, when you buy graded coins, grade it by yourself and be sure you buy the coin inside not the PLASTIC.

I will agree with that 100% for all who have the ability to grade themselves but for those just starting out, they are at the mercy of the TPG's and have to start by looking at enough graded examples to get a feel of what is graded correctly and what isn't. In this case looking at pictures will not do as everyone's photography skills differ, you have to see them in hand to be able to really learn how to grade yourself and most of the time if you do not have a collector friend or a dealer nearby buying the graders opinion is all they have
Valued Member
United States
225 Posts
 Posted 11/10/2012  8:54 pm  Show Profile   Bookmark this reply Add Tjmcman to your friends list
The fact that two individual coins came back with obvious flaws statistically belies the 'one offs' that happen with very precise human endeavors. Two coins, to two different people, delivered independently in the same time frame and both poorly worked indicates a serious quality control problem.

I am really enjoying these discussions and am learning a great deal.
Bedrock of the Community
13014 Posts
 Posted 11/10/2012  9:23 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
you have to see them in hand to be able to really learn how to grade yourself and most of the time if you do not have a collector friend or a dealer nearby buying the graders opinion is all they have


Very true. This is where ebay can provide a great service imo. Even if you dont have the slightest idea how to grade or what to look for if you look at a bunch of the same coin on ebay or anywhere else really you can see some look better than others and either start figuring it out on your own or just keep buying the better looking ones
Pillar of the Community
Canada
1192 Posts
 Posted 11/12/2012  3:01 pm  Show Profile   Bookmark this reply Add Pokermandude to your friends list
It's been said a million times, but... Buy the coin, not the holder.

If you want a (near) perfect looking ASE, pay the extra money for one in MS70 plastic. You're really splitting hairs complaining about an MS69 that could/should be in an MS68 holder.
Rest in Peace
United States
5375 Posts
 Posted 11/13/2012  11:01 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list

Quote:

It's been said a million times, but... Buy the coin, not the holder.


It's been said a million times, but it is WAY truer today than 10-25 years ago. Back in the old days, TPG's were more on the ball. Sometimes they were off, but rarely flagrantly. Now, you have a lot of profiteering, but the one to watch out for is NGC in my opinion. I still see PCGS coins graded fairly...maybe a little conservatively, but fairly on average. But that could easily change. Anyway, with the flagrant profiteering and people still not realizing what is going on, this is 100x as important.
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