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Professional Numismatist Guild Ranking Of TPG'ers

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Author Previous TopicReplies: 18 / Views: 5,083Next Topic Page 2 of 2
Pillar of the Community
United States
3184 Posts
 Posted 10/22/2012  5:53 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list
Yep, that's why I choose ngc, pcgs and occasionally anacs
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 Posted 10/22/2012  6:04 pm  Show Profile   Bookmark this reply Add dave700x to your friends list
Is ACG still in business? It's rare to see a coin in one of their holders now days.
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 Posted 10/22/2012  6:13 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
Cost of service provided, PCGS should have been poor for submitting Colonials and errors...$50.
swcoin.ecrater.com
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United States
12437 Posts
 Posted 10/22/2012  6:48 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list
That is a really old ranking list, ACG went under many years ago and PCI has been out of business for a few years now as well.
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 Posted 10/22/2012  6:55 pm  Show Profile   Bookmark this reply Add hesgut to your friends list
I can't say I agree with this chart.

Concerning "avalability of pricing info"...It right there for everyone to see at ICG, ANACS, and PCGS and NGC...not sure why those two are higher.

Concerning "customer service".....the only rep I've ever dealt with that seemed to really know anything about coins was at ICG. A PCGS lady (on the phone) didn't even know what a Buffalo nickel was.

As far as grading accuracy...I've seen enough garbage from every TPG that ever existed that I think "superior" is far too nice a superlative to use.
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 Posted 10/22/2012  7:03 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list

Quote:
A PCGS lady (on the phone) didn't even know what a Buffalo nickel was.


Probably the same young folks who sit behind the tables at the shows accepting submissions. I've had some real brain dead ones it seems...just saying.
swcoin.ecrater.com
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1431 Posts
 Posted 10/22/2012  7:06 pm  Show Profile   Bookmark this reply Add Kefiroth to your friends list

Quote:
WARNING! Do not buy any coins that are not graded by PCGS or NGC and sealed in their capsules. Coins that are not encapsulated can be forgeries or cleaned coins that have virtually no value.



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 Posted 10/22/2012  7:13 pm  Show Profile   Bookmark this reply Add acloco to your friends list
Very old propaganda.
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 Posted 10/22/2012  7:13 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
Professional numismatists judging the TPG's.

The TPG's if they are any good, would also employ professional numismatists. That could make the compiling of such a list, and the criteria used, somewhat industrially incestuous.

TPG's should be graded by a more independently minded third party. I guess that is the way biggfredd would have been thinking.

Very easy for some behind the scenes industrial politics to be involved.
Edited by sel_69l
10/22/2012 7:15 pm
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 Posted 10/22/2012  7:20 pm  Show Profile   Bookmark this reply Add nlp coins to your friends list
I certainly don't agree with the attribution results. If you want accuracy on attribution ANACS is spot on with their results compared to the rest. nlp
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 Posted 10/22/2012  8:51 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list
Wow, I had no idea that;

1). This was an old listing of info
b). That some fur would fly
3). Who was ACG? Perhaps why they were "unacceptable" & "poor".

Although I did know that this was an opinionated column and subject to debate.
Edited by oih82w8
10/22/2012 8:53 pm
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 Posted 10/23/2012  12:25 am  Show Profile   Bookmark this reply Add Broken-Coin to your friends list
If PCGS & NGC are superior, why is it that only about 40% of their coins submitted to CAC receive that little green sticker... This tells me that 60% are overgraded, in fact it may be much more as most dealers, investors, etc. only submit what they think will sticker...

Most of my coins are errors, and I've sent numerous PCI and SEGS coins to ANACS to reholder and have received the same or higher grades from ANACS, and my dealings with NGC left a bitter taste in my mouth that still will not go away...

I guess whoever printed this was generously compensated...
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 Posted 10/23/2012  01:54 am  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:

If PCGS & NGC are superior, why is it that only about 40% of their coins submitted to CAC receive that little green sticker... This tells me that 60% are overgraded, in fact it may be much more as most dealers, investors, etc. only submit what they think will sticker...


Because not all are submitted. CAC restricts the amount of people able to submit.

But also if it doesn't sticker doesn't mean the grade is wrong. Are some over graded yes, it happened. But CAC only stickers the middle and upper ends of grade. Something can be a low end 66, not sticker and still be graded accurately
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 Posted 10/23/2012  01:55 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list

Quote:
I certainly don't agree with the attribution results. If you want accuracy on attribution ANACS is spot on with their results compared to the rest. nlp

Also ANACS will attribute EVERY variety on the label where NGC and PCGS only attribute the ones they choose to. I know this is true with Morgans and so I am sure it is the same with other series as well. The ONLY Morgan Varieties PCGS will attribute is the ones on a list and NGC does a few more than that but ANACS will do them all
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 Posted 10/24/2012  11:31 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
As mentioned this is an old survey, it was also a biased one. It was a survey of PNG members (who use NGC and PCGS almost exclusively), by PNG (who recommend to their members that they should use NGC and PCGS exclusively), to rank services that they don't use. Would you expect NGC and PCGS to not come out on top?

Coin World also did a survey of the services by sending the same coins to each of them. In the PNG survey for circulated coins they put NGC and PCGS at the top, but in the Coin World study the grading of the circulated coins were all over the map. NGC and PCGS did score higher on the MS coins though. Interestingly though if you took the range of grades for each coin (circ or MS) and determined the average grade from that range, ACG hit that average grade more than any other service.

And nipcoins is right about accuracy of attributions, NGC and PCGS are well known for having poor records for attribution accuracy (in a recent auction sale of pieces sold by variety that were graded by NGC their attributions were wrong 10% of the time. And that is an improvement.) For accuracy of attribution your best options are SEGS or ANACS. NGC and PCGS also do not attribute as wide a range of varieties as ANACS or SEGS. Until recently what they would attribute was very restricted, and they still often got it wrong.
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