PCGS Vs NGC: Justification For Slab Valuation Differentials

I think registry sets are a major factor. PCGS sets only allow PCGS coins while NGC sets allow both NGC and PCGS. Top pop or nearly so seem to have the greatest difference in price between the two services. So if you are trying to build a top ranked set, these are the ones that you are after. NGC registry set collectors can settle for either holder but PCGS registry set collectors will have a preference for PCGS and will only consider NGC coins if they can get them at a large enough discount to compensate for the risk of crossover. Also, the people building these sets are probably pretty well off so large price difference are not such a big deal as long as it is exactly what they are looking for.

I'm no expert on the subject, but it seems in most businesses there is a #1, 2...

Kinda reminds me of the old Rent-A-Car commercials from years ago, where Avis (NGC) says, "We try harder." Hertz was always #1, and still is I think. I suspect PCGS will remain #1 also.

I don't know how to absolutely measure #1, 2, etc. I was just stating my opinion that PCGS is #1. It just seems that way to me. wasn't aware that NGC grades more coins than PCGS. Whenever I do a search for sold coins, or 'for sale' coins, more PCGS results show up.

Might be a good poll question. Almost sure more people would say PCGS. Maybe they are right and maybe they are wrong

If anyone's interested in reading through past discussions on the subject they can be found

Here http://www.coincommunity.com/forum/...PIC_ID=66996

Here http://www.coincommunity.com/forum/...PIC_ID=12745

Here http://www.coincommunity.com/forum/...PIC_ID=66498

Here http://www.coincommunity.com/forum/...OPIC_ID=2825

Here https://goccf.com/t/170630

And here https://goccf.com/t/184517

There's probably more, but that's a good start.

Because PCGS graded coins sell for a premium, NGC graded coins will likely be crossed over when they can, as a result the coins left in NGC holders are less likely to cross over even if PCGS is only marginally stricter for a minority of coins.

Overall you have to look at each coin as it comes. I am willing to pay a premium price for a premium coin regardless of whether it is in a PCGS or NGC holder. Are there differences between them? Of course. Coin grading at it's very heart is subjective but you look at a coin and compare it across it's brothers and sisters and purchase accordingly.

The reason why PCGS brings more money is more or less speculation (when it first started) but as wwwww says this has lead to 'shifts' from coins in NGC holders to PCGS holders.

I always enjoy this topic and it seems a never ending one indeed. I have a mix of all TPG coins in slabs, holders from ICCS/PCGS/NGC/CCS and some of the NGC/PCGS coins I sent away to ICCS for cross came back with disappointing results but I will continue to purchase coins graded by them.

From my experience, I find NGC to have looser grading, that is, a coin with more contacts marks and scratches can attain a higher grade than the same in PCGS. However, PCGS are less consistent in their grading, albeit prophesying to uphold higher grading standards. NGC are more consistent within their more liberal grading.

When it comes to auctions I'm not sure. If I get a coin graded MS63 in PCGS it will value at X price approximately. If however, the same coin I send to NGC it might grade MS64, however, since the grading is known to be a little looser, it will garner a lower price than a PCGS MS64. This scenario has actually happened on three coins I'm aware of.

What I just wrote was a very simplistic form of appreciating the difference and I'll stand corrected my many :-) I tend to agree that NGC are more technically inclined whereas, PCGS more market grade driven. The big concern in my opinion is the consistency. This causes for a lot of heartache to collectors, because that difference of one point does impact the value of the coin, should it not be appreciated by the bidders.