Third Party Grading - Coin Community Forum

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Author	Replies: 6 / Views: 2,808
friedmiker New Member United States 13 Posts	Posted 03/19/2007 08:14 am Is PCGS really worth the higher price? Report this Post to the Staff

friedmiker New Member United States 13 Posts	Posted 03/19/2007 08:28 am I just bought 2 MS70 ASE's graded buy SGS for about the same price as a raw UNC SAE. In PCGS the price is about 3 OR 4 times higher. What do ya'll think? Report this Post to the Staff
amac44 Member United States 3242 Posts	Posted 03/19/2007 10:23 am they will sell in an SGS holder for 3-4X less,than an NGC &PCGS graded set too Report this Post to the Staff
Susanlynn9 Forum Mom United States 5877 Posts	Posted 03/19/2007 12:43 pm (Moved to the TPG section) If you are purchasing just to collect and not for resale, PCGS is pricier and, in my opinion, not necessarily worth the added premium. If you are purchasing for resale, PCGS definitely commands a higher price than any other TPG (for now). NGC seems to run second and then ANACS and ICG. Some people will pay a very high premium for coins in ANY slab and take the grade as gospel. Obviously, this is not a very wise thing to do. I guess it's really up to you. Would I pay premium for a slabbed coin? No, unless it was a coin that required authentication. I prefer to purchase my coins raw and grade for myself, but that is my personal preference. Report this Post to the Staff
EarlyUS Valued Member United States 50 Posts	Posted 03/20/2007 08:30 am In short, NO. Most of the so-called "premium" for PCGS-graded coins is due to HYPE. The only series for which I can see POSSIBLY paying a premium is for high-grade Lincoln cents. In that area, PCGS does seem to be a bit more conservative than the other services, and their guarantee for grading copper is definitely superior to that of NGC. But for any other series, I would absolutely not pay a premium just for the brand of plastic. Please, ALWAYS buy the coin, not the holder. Report this Post to the Staff
friedmiker New Member United States 13 Posts	Posted 03/25/2007 07:42 am thanks for the input. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 03/27/2007 5:38 pm If you buy a Cadilac you will pay more than for a Chevy. If you buy a Mont Blanc pen you will pay more than for a Parker pen. However, that does not mean with a Cadilac you will not get a car that won't start or get a flat tire and with a Mont Blanc pen it may still leak. PCGS is made up of people and people make errors, mistakes, etc., just like other companies. I hear they pay their help more so they have to charge more. Report this Post to the Staff
	Replies: 6 / Views: 2,808

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