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Currency Grading (Confused)

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Author Previous TopicReplies: 3 / Views: 1,177Next Topic  
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starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 08/19/2012  08:41 am Show Profile   Bookmark this topic Add starbuxinvestor to your friends list Get a Link to this Message Number of Subscribers
My understanding simple as it maybe is the number is the grade. So why do I see one 64 called "Choice Uncirculated" and another 64 called "Very Choice New"? Is that just the difference in description between CGA and PCGS? Should I just look at the number or is paper quality also very significant? I assume so since it is on the holder. Can anyone help clarify this for me? Thanks.
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Nickelman's Avatar
United States
1397 Posts
 Posted 08/19/2012  09:50 am  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
Yes different TPG companies use different terms. In a perfect world a 64 would be a 64 no matter which company does the grading but this isn't always the case. I personally have never purchased a graded note that wasn't from either PCGS or PMG. There are some bogus companies out there also that just slab a note and put whatever grade you want on it.

Stick to the major companies and you shouldn't have a problem.
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starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 08/19/2012  10:17 am  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
My understanding is CGA, PCGS and PMG are the best companies out there for note grading.
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Nickelman's Avatar
United States
1397 Posts
 Posted 08/19/2012  12:36 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
Since CGA was bought they have cleaned up their act and are a good grading company, but many people still remember the scams of the past.
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