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Are All Grading Companies The Same.

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Alexzwarenstein's Avatar
United States
59 Posts
 Posted 05/07/2011  7:13 pm Show Profile   Bookmark this topic Add Alexzwarenstein to your friends list Get a Link to this Message Number of Subscribers
I guess the question is in the title. I want to send some potentially valuable coins for grading. Can it be said that one company is better than another? I contacted NGC only. If I understood correctly,they appear to base their charges on what the insurance value is on the coin. I don't understand that..what happens if I insured for 10 cents on a $200.00 coin? The only tier reference I see that fits is 'all US coins valued at $300.00 or less.' Okay, I'm thick...could anyone respond what these theoretical coins would cost to grade,(ballpark only):-
1) a Morgan dollar worth $175.00
2) a Morgan dollar worth $300.00
3) a Morgan dollar worth $5000.00
4) a Morgan dollar worth $50,000.00

I know, I know... only theoretical.. but I do have a few very nice looking bad boys. One in particular looks amazing, and is designated as rare. I will show when I have photographed it.
Pillar of the Community
Sidekick-CA's Avatar
United States
509 Posts
 Posted 05/07/2011  7:42 pm  Show Profile   Bookmark this reply Add Sidekick-CA to your friends list Get a Link to this Reply
You may want to take a look at http://www.coincommunity.com/forum/...?FORUM_ID=84 here on CCF. A forum dedicated to just about every aspect of TPG's.
Valued Member
United States
312 Posts
 Posted 05/07/2011  10:50 pm  Show Profile   Bookmark this reply Add mshev to your friends list Get a Link to this Reply
Alex - It's generally felt that PCGS and NGC are the two best grading services, which PCGS sometimes being slightly more conservative. Next up would be ANACS. I've never sent in a coin to NGC, but this is how PCGS prices their grading: http://www.pcgs.com/grading_list.chtml . If you underestimate the value of the coin significantly, they'll bump you up into the appropriate pricing.
Valued Member
Alexzwarenstein's Avatar
United States
59 Posts
 Posted 05/07/2011  11:22 pm  Show Profile   Bookmark this reply Add Alexzwarenstein to your friends list Get a Link to this Reply
Thanks Sidekick-CA. I have started reading that section..very interesting and informative.

mshev, That is just the feedback I was looking for too. Thanks.
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