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 Replies: 14 / Views: 3,206 |
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New Member
United States
8 Posts |
I just bought two silver Peace dollars graded by PCGS and they take a sorry second to NGC but command a higher price? I am strictly NGC from now one. |
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Moderator
 United States
23522 Posts |
NGC is only a "better grader" than PCGS if your own personal experience with a really small sample of their work makes you think so. Averaged over the thousands of coins each company grades, they're very similar in their grading. Just as many people exist whose impression is the opposite of yours; again, it's based on a very limited exposure.
For whatever reason, maybe just because they got there first or their publicists are better, PCGS is perceived in the marketplace as the slab which holds value better over time. That impression is changing - the gap is narrowing - but if you look at 5,000 slabs from each company, there really isn't a whole lot of difference.
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Pillar of the Community
United States
1130 Posts |
You are trying to take one example and making a big assumption. If that is the case, why not say all McDonald's fries are cold and stale because I had one for lunch yesterday. PCGS is the premier TPG. Look at Greysheet. An PCGS MS64 is worth more than a MS64 from NGC. |
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Pillar of the Community
United States
1691 Posts |
SuperDave is right on! The grading service can make a sizable difference in the perceived value of graded coins...PCGS...NGC...ANACS and then all the rest!
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Valued Member
United States
60 Posts |
One crazy =dicrepancy is MS70 Silver Eagle Proofs. NGC rolls them out in bulk while PCGS rarely Assigns PF70 to same coin. No one ever gets PCGS money for NGC 70 Eagles.
I happen to use NGC because I can ride my bike from my house.
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Valued Member
United States
226 Posts |
The TPG grading game is as solid as jello on a warm summer day. I personally have coins graded from PCGS, NGC, ANACS and ICG and they all seem to counter my opinion of grading logic. Most of the time they under-grade to shore up their reputations and quite often they over-grade to allow for "what the market will bear". Hard lessons learned aside, I am a collector not an investor, so I am in this for the long haul and will " buy the coin, Not the slab ". Historically speaking quality coins never go out of style and therefore a truly discerning eye will never fail. |
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Valued Member
United States
402 Posts |
Buy the coin, not the name on the holder ;)
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No longer with us
United States
207 Posts |
Quote:
Buy the coin, not the name on the holder ;)
Agreed!
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Pillar of the Community
United States
628 Posts |
I agree with "buy the coin...", but they are a lot easier to sell when graded by PCGS or NGC.
( I've never sold an ANACS slabbed coin so I don't know )
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Pillar of the Community
United States
1283 Posts |
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Pillar of the Community
United States
986 Posts |
There are overgraded and undergraded coins in both TPG holders. Neither one is "better" than the other, but PCGS has been known to be tighter in giving out the 70 grade for modern coins. |
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Pillar of the Community
Canada
1267 Posts |
PCGS has the reputation as being the toughest graders out there, and overall I wouldn't argue that. It goes both ways, though. I love dmpl Morgans, and pcgs is by far the strictest with that designation. On the other hand, getting a Frankie in FBL is much more difficult at ngc. A nice coin will stand by itself regardless of the plastic it's in, but whether we like it or not, that same coins value goes up a little if that plastic happens to be pcgs.  |
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Pillar of the Community
United States
974 Posts |
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Pillar of the Community
United States
1130 Posts |
Nelrak... your ideas have been stolen by the dozen or so self-slabbers on ebay already :) |
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Pillar of the Community
Canada
1267 Posts |
I'd like to see a company give a complete breakdown of what things, on a coin, take it from an MS70 to the final grade! If I remember correctly, accugrade did something like that right on the holder..........of course, they had their very own grading standards too! 
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Replies: 14 / Views: 3,206 |
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Posted 01/26/2008 1:36 pm
Maybe I should start my own company, I'd provide that service! Plus I take some amazing flaw revealing photos! 
