General Question On Grading TPG's

For top grade coins and true rarities PCGS is the way to go. Take a look at the 1961-D LMC. In MS67 PCGS has a pop of 15 and NGC at 46. An NGC MS67RD sells for ~$100 while a PCGS MS67RD sells for around $1200-$2000. Big difference.

My collection does not lend itself to having slabs in it for a number of different reasons,
Nevertheless,
Basebal21 has just about said it right for American collectors.

Well...there is a lot to chew on there guys (gals). You all may have swayed me on this altogether.

First...I may just get all the paperwork () done for a PCGS submission. No dropping publicly as I read, and basebal21 eluded to. Only Mail, a PCGS Authorized Dealer drop off, or a Trade Show. Long Beach is a good option for trade show drop. So that is probably in the mix. But it will require to drop my "a few at a time" plan. Meaning I will have to up the number to a larger group. Less trips. Waited too long. But I did need to get smarter first. So I guess I'm going to have to wait more

Some of you saw a few of the coins I posted with questions, that need a little love to maybe get a slabbed grade. Coins I think if successful, are well worth it. A couple that I am just toying with because I cannot tell if they have been tampered with. A few you folks rejected out of hand and will just be a looker in my collection. See, I do have non-slabbed collection plans. Overall...a learning curve. Very convincing example there 'grape' on the PCGS vs NGC value difference. No denying that point. And the hundreds of dollars as opposed to thousands of dollars, basebal21...I'm feelin your point on that. Took a closer look and there actually is quite a difference. HA shows both PCGS graded sales and NGC graded sales. There really is a marked difference. I was looking from the wrong angle really. Another convincing point.

And then...the cost of grading, etc.. Well...I look at it as an investment. Even if I build a slabbed collection, I am not sure, as Justcarl stated, it's a waste of money if not selling. They still have value at the grade they are returned with. My thoughts are to pass it all on to my adult children and grandchildren, which I have a few of those little wipper snappers hooked on coins now. lol. When they come, it's coin time! No choice....they insist!! With a good dose of UNREVISED history lessons. Perfect venue for a young captive audience. It's a good thing.

But I also stated that if I get a GEM that can bring in some serious 'coin' itself, I may just go for it. In the out years $20,000 can get about four college text books for the G-kids. Not bad. Then again, I may just see how all of them do and what they could capture and go for that to. But I do like the idea of a slab collection. It's just my thing. But nothing in granite yet. Sure.....some coins, as the graded population rises could devalue that particular coin over time. But overall I think it is an investment and worth the effort...sell or hold.

Is there a more detailed argument against a slabbed collection in terms of value, and how it may be a money loser down the road? Please...just say it like you see it. I'm listening. May have overlooked a good point or two as to why it's a bad idea.

Someone may sway me again on all these points. I'm all ears. The money thing again? No issue with folks being blunt to me about it. Bring it on. But for me, it's not a subject I like to comment on other than general financial points connected to the Coin World discussions. Simply, I will not starve. I will just keep it at that.

All of your inputs are genuinely appreciated. They definitely hold sway. I am not shy...lay whatever you need to if a thought hits your brain housing group. I'm all ears

Understood on the dealers not grading for a bigger sale price. Hey...why not.

Haha...I mentioned to my wife as she came out to the kitchen for drink of water as she was already in bed (I'm a night owl), what we were talking about and what I messaged on this thread about 11:30 PM. Just small talk. BUT...she goes, why not do what they said, SELL them. We can invest the money like always. I was just laughing. I normally handle all the Stock stuff and investments, but she threw a wisdom bomb at me. And you just said that. And justcarl was strongly of that opinion. A waste if you don't plan to sell he opined. lol. Meant to be I guess. That's why I come here and ask.

So...yet again...I may have been swayed. Grade. Sell. Reinvest in more coins, while building a regular collection of coinage, as I do have many. Certainly not going to grade all of them. Onward...

I will think it all out, and get rolling. Either way, it is very enjoyable, and I like the hunt. lol As a side note, I just posted pictures of a 1913 D Buffalo I had posted about a week ago. Tried to post better pictures after receiving today. Fail. But what a stunning coin in hand. That one will do well at PCGS. Ok Thx

I have used both and found NGC and PCGS to be very accurate and comperable. Accuracy is above 99% for both on the coins I have had graded. Everyone makes mistakes sometimes but it seems they make very few, at least for me.

PCGS has had the maket on US coins for a long time so they have more experience with more coins graded.

Any world or ancient coins I have go to NGC. They seem to do a better job on foreign and have the market on ancients coins.

He was right.

Over 10 million of NGCs are ASEs compared to 4-5 million at PCGS being ASEs as just one reason for that.

There are many areas especially with classic coins where there is a large PCGS price gap over everyone else. They are the leader in classic coins and that is especially true on high end ones.

just carl is a very wise man and gave you the best advice on the subject... save your money and headache on the paperwork, just buy more coins and enjoy yourself and the hunt. If you are looking for a return on your investment, sure, slab away. If you are building a collection to share with your grandkids, like you have said, just buy more coins! To me, it's a no brainer, buy more coins, not plastic slabs. But, what do I know?

My friend has a China doll collection,he tells me it is worth serious 5 figures in total.

I mention this for a few reasons , HE understands his collection but his children do not. He is 70+ and has being having his heart overhauled.

I as sitting there the other day and he comes in and notices my gold coin collection and marvels at the 70 grade slabs.

would it be best to sell up (for him) to sell his China dolls into a more common thing like graded precious metals.

one of the worst things anyone can do is leave their family a mess to clean up in times of tragedy.

imagine inheriting a rare movie poster collection and having no idea on what to do:(