NGC Has Changed The Way It Grades (Late 2023)

You should post a pic of just your coin (w/o the actual grade), let the pros grade it & see how they view it.

I think I agree with that clarification. Not so much whether or not people agree with a specific one of my grades but whether people are feeling that change of consistency with their own submissions.

I'm asking for others' experiences from the last six months or so versus their past experience. That's all. My thoughts are that they grade a decent clip tighter now.

Add thoughts from your experience if you have any. Thanks.

The most important aspect of a grading company's reputation is consistency. Tightening, or loosening, the standard creates inconsistency, and inconsistency is bad for business. If a grading company tightened standards, it would effectively put an end to their resubmission business - nobody would pay money to get their high-grade coins downgraded.

So I would think it would not be something NGC would do at all if they could help it, and if they felt the need to tighten their standards, they wouldn't do it on the sly, or secretly - they'd be upfront and open about tightening their standard, and explaining in excruciating detail why they needed to do it.

Occam's razor says that the one whose grading standards have changed, is most likely to be you, the submitter.

Let's see some examples with your proof.

Couple updates here. I have some images of my Morgans that I think NGC was tough on, and I'll start posting after this.

But, I chatted with a dealer friend today and he, before I said anything at all, said that he knows a number of dealers who are annoyed with NGC recently because they are grading differently recently, much tighter. These dealers seem to be of a consensus that this is NGC's response to CACG, that they have to match it or become the 3rd best TPG out there. A few of these dealers have decided that they will not submit anything for a while, until things settle down. My friend went on to say that it was like everything submitted needed to be a grade higher than the graded wanted on the slab, which is exactly how I felt.

This was the kind of observation that I was hoping to get out of this forum. If anyone had noticed that? If none of us have, someone else somewhere else has.

I'll now work on uploading these photos for any comments from us, but please don't make it by way if insult. People too frequently insult the grading skills of others on this forum. There's always someone in the crowd who's grade guess for ANYTHING is "AU58." To be clear, none of the coins I'll post graded AU58.


N.

I'm still waiting for coins I sent to NGC over 8 months ago to come back. One was simply for an error in the label (labeled a PF 3 cent silver a PF 3 cent nickel).

Not a problem for me.
None of the 2,000 or so coins in my collection are TPG'ed or slabbed.
Museums don't slab their coins, either.