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 Replies: 27 / Views: 3,570 |
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New Member
United States
22 Posts |
I have been collecting on and off for a few years now and I am planning on submitting a few coins for grading and regrading. Which service should I use and why? I am not a member of either one yet and I do not want to spend too much on membership.
Thanks
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Bedrock of the Community
13014 Posts |
What year are the coins?
You can actually get the PCGS membership for free. If you do the 199 one with 8 free submissions and use the regular tier for the older coins its around a 240 value so you save 40 bucks and get the membership free with it.
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New Member
 United States
22 Posts |
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Bedrock of the Community
13014 Posts |
Those would need the more expensive tier then that would allow you get save some money and get the membership free.
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Moderator
 United States
23522 Posts |
Quote:The coins would be some late date Walking Liberty halves. Generally speaking, those would need to be in the MS65 range to justify grading at all. That said, I'm with basebal21's opinion. |
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New Member
United States
22 Posts |
Ok, but is having coins graded by PCGS better than having coins graded by NGC? The last few coins I have bought from Heritage have been NGC. I also have equal amounts of PCGS graded coins. The Newman coins were graded by NGC. Does that matter? Thanks by the way.
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Bedrock of the Community
13014 Posts |
In general PCGS coins do have the highest premiums. Both have some great stuff in their slabs, but between the two I would pick PCGS.
A lot of those Newman coins are so rare they were going to fetch huge prices in any reputable slab so I dont put a lot of weight into it. Personally I dont put much weight into how coins like that do from any of them considering the special treatment they get. Things like that dont go through the grading assembly line and with how high profile it is you can bet they put a lot of research into each one.
Thats not to say theyre sloppy or do a bad job, but I expect any of them to do their absolute finest work on stuff like that. I think they all CAC'd too which makes me think they may have been a part of the grading process as well.
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Moderator
United States
23522 Posts |
In the most general sense, PCGS coins fare better on resale than do NGC coins. There are numerous exceptions to that rule of course. NGC is a larger company than PCGS, grading more coins, and gets as many of the high-profile collections as their competitor. To my eye, with the exception of Moderns I see no big-picture difference in their grading, and no collector who buys the coin and not the slab will really care. However, there are more who place faith in PCGS over NGC than there are the opposite, so slabbing with PCGS will capture that additional buyer demographic. Edit: Way to tag-team, basebal21.  |
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Pillar of the Community
1751 Posts |
Depends on the coins, really. I'd be inclined to say with late-date WLH's, PCGS is the way to go, but I'd make sure they're gems or you're just throwing cash away.
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Pillar of the Community
United States
1261 Posts |
I buy the coin and not the holder so I'll buy a nice coin in any of the reputable 3rd party grading company holders. I place any premiums I pay on how nice/scarce the coin is vs. the grading company.
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Pillar of the Community
United States
3184 Posts |
either or is great. I like both
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Pillar of the Community
United States
1261 Posts |
Just to add to my post above...I think some people (not all) care more about holders than the coin that it's protecting. It seems different now than it did 20-30 years ago when you could get the coin out and study it. Collectors had to really focus on their grading skills and they learned more about the coin in the process (strike vs. wear differences, etc.) Coins seem more like commodities now. But I digress...
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Moderator
United States
16679 Posts |
I prefer PCGS and I'm not just saying that because I live 25 miles from where the grading room is  Quote:
those would need to be in the MS65 range to justify grading at all.  swcoin.ecrater.com
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Pillar of the Community
United States
3755 Posts |
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Valued Member
United States
293 Posts |
For 40s Walkers I would go with PCGS. Generally PCGS coins will trade at about a 10% premium to NGC ones. When I say generally that's if I pick any random coin. The odd thing about this is that NGC does a better job on some series such as Franklin halves where they use both sets of bell lines to designate FBL but the market doesn't care. On 40s Walkers though I'd make sure you are sending in MS-65s cause if they come back MS-64 that may be a nice coin but that's really going to be just plastic. |
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Pillar of the Community
United States
1554 Posts |
Depends if you're grading them for quick resale. If not, NGC is a more accurate grader for me. PCGS has been all over the place with their grade designations as of late.
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Replies: 27 / Views: 3,570 |
Posted 12/02/2013 5:58 pm
