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TPG Grader Of Choice

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Author Previous TopicReplies: 7 / Views: 787Next Topic  
Pillar of the Community

United States
959 Posts
 Posted 12/18/2023  1:31 pm Show Profile   Bookmark this topic Add Blastenpene4 to your friends list Get a Link to this Message Number of Subscribers
This may be the wrong place to post this question, but which TPG is the preferred one? I sent coins off 30 years ago to PCGS and was generally ok with assigned grades. A lot can change in 30 years, though. Lately I seem to see a lot of folks going with NGC. I've got about 20 coins that I need to send out. Thoughts? Apologies if this is the wrong forum.

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Bedrock of the Community
IndianGoldEagle's Avatar
United States
36415 Posts
 Posted 12/18/2023  1:34 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I buy the coin, not the holder. So no preference for me.
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jbuck's Avatar
United States
187446 Posts
 Posted 12/18/2023  2:32 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
If my current inventory count were the judge... PCGS. But all my graded coins were bought as is. I have submitted nothing.

If I had to send something in, I might choose ANACS or NGC for convenience. Both seem to ever present at the coin shows.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/18/2023  4:52 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I submit to both, and suggest both are essentially crapshoots.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 12/18/2023  6:46 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I am confident enough to be an S PG (Second) only - me.
I prefer to grade for myself

Like TPG's, I sometimes get wrong as well, but I am confident enough to get it reasonably close to the mark
on most occasions.
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MisterT's Avatar
United States
2001 Posts
 Posted 12/19/2023  07:09 am  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
Either of the three top graders are fine by me. Their "professional" subjective opinion is really not much different from my non professional opinion. In most cases I prefer to self grade. Certain coins however do require that authentic certification especially key date and rare coins. The way I see it, a professional opinion can be as right or wrong as my own. I do prefer NCG for their presentation however because I like the cores better than just a clear no core slab. I have never personally submitted a coin to any of the graders. I can't justify the cost of membership and submission to PCGS or NGC for the occasional coin. ANACS on the other hand is a viable choice for those submitting an occasional coin though the resale value isn't as good as PCGS or NGC. I have two error coins that I would like to have graded and I will probably submit them to ANACS.
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datadragon's Avatar
United States
1648 Posts
 Posted 12/19/2023  2:01 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
There is a yearly fee for the membership to send in coins to grade for NGC and PCGS, with PCGS being higher so PCGS typically is used more often once a person starts grading more regularly or with numerous known higher value coins that can absorb the added cost. Or maybe in your personal case with having enough coins to grade together to justify it. The returns on PCGS coins, at least with top grades tend to be the highest, but with other coins its not so important.

Anacs is cheaper to grade with no membership fee so it can be attractive in some cases when starting out or for modern/error coins that otherwise wouldnt be worthwhile normally to grade, but may in some cases return less value on the sale and so people may prefer then to pay the small fee for a ngc membership to start instead which was what my personal choice was. There used to be a bigger discount on NGC also through ANA membership which had influenced me to use NGC, now its smaller but still has one. So at the moment I'd say NGC, or possibly PCGS if the costs and types of coins warrant it. You can still use anacs, just would have your ngc or pcgs for the better coins. Big sellers and regular sellers tend to eventually move up to pcgs as mentioned, but not so much when your just starting out with a few coins or cheaper moderns mostly.

You can find the price guide https://www.ngccoin.com/price-guide/united-states/ (for potential value after grading a certain grade) as well as the submit fees at NGC here as one example https://www.ngccoin.com/submit/services-fees/ngc/ Overall the grading fees are reasonable when grading multiple coins at once (such as due to the $10 added fee per order plus shipping back and forth added) to each order plus the membership fee added per year which also means you would want to have coins to send in regularly, but hard to recommend for just a few coins unless of high value.
Edited by datadragon
12/19/2023 2:09 pm
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BadDog's Avatar
United States
1374 Posts
 Posted 12/24/2023  11:53 am  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

Quote:
I've got about 20 coins that I need to send out. Thoughts?


To me, it usually depends upon why the coins are being sent for grading.

If it's to authenticate, then I think they're all equally ok.

If it's to conserve, then I send to ANACS as they are MUCH less expensive than either PCGS or NGC.

If it's to match another coin's slab in a set, then send to that TPG.

If it's for re-sale, then I think for that for the same grade that the market still values PCGS highest, NGC less than PCGS and ANACS less than either of the other two.
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