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 Replies: 23 / Views: 3,145 |
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Pillar of the Community
 United States
1531 Posts |
I love posting these questions because I always get wonderful discussion. Thanks guys!
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New Member
United States
48 Posts |
in my opinion, both PCGS and NGC seem to put higher grades, (even if they not the correct grades) on coins that are sent to them by people who spend a lot of money having coins certified on a regular basis. I have seen this over and over, for example, on that other coin website, that shall remain nameless, there are many there who post low MS grade coins that have been certified by PCGS or NGC as being high MS grade coins. I have only sent a few coins to be certified, the results were pretty accurate, but then again, I have not spent much money on sending coins to be certified.
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Bedrock of the Community
13014 Posts |
Quote:
I have seen this over and over, for example, on that other coin website, that shall remain nameless, there are many there who post low MS grade coins that have been certified by PCGS or NGC as being high MS grade coins. Judging coin grades from pictures that are 10 to 50 times the size of a real coin is hardly enough to say the graders who saw it in hand got it wrong especially for high ms coins. Graders dont have a clue who submitted what at PCGS/NGC they do far to many coins a day to try and figure it out. It wouldnt even make sense on their end for high end coins, theyre the ones with the liability and putting their reputation on the line not the sellers. |
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Pillar of the Community
United States
1531 Posts |
Exactly, basebal21. The graders are given coins to grade and they never know who submitted them. Maybe that's a common misconception.
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Bedrock of the Community
Australia
21788 Posts |
Since I collect World coins, ancient to modern, I very much prefer to grade all of my own coins before I buy. None of my coins are slabbed, because if I did, the slabbing of some coins only would clash severely with my storage methods. I WILL however look at grading results here in the CCF to consider how accurate my gradings are in relation to American coins, and to a lesser extent other World coins. I ignore TPG's opinions when it comes to other than machine struck, modern coins after about 1800. What IS useful to me in this category however, is what I can learn from other opinions of CCF members, as well as submitting my own. I am always eager to listen on what others may have to say about my grading opinions. That is how we should learn. You should never stop increasing your own skill when it comes to grading, and experience is your teacher. That is the best way of building confidence. |
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Pillar of the Community
United States
2311 Posts |
I think you should only buy PCGS, NGC and ANACS if you grade the ANACS one yourself.
Don't buy NGC Pr-70's, no market value. ANACS is the same, they only good to know if your coin is real. I have seen thousands of coins inside ANACS slabs saying cleaned. I just don't know why.
PCGS is good for high end coins worth money.
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Pillar of the Community
United States
7375 Posts |
I really like a TPG, especially if having a coin in a holder will get me a higher selling price and cover the cost of the grading. ANACS holdered coins IMO can be a good opportunity to get a nice coin at a reasonable price. "BUY THE COIN, NOT...." |
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Valued Member
United States
169 Posts |
I guess it depends on what you are collecting.I've had graded coins marked scratched and seen worse scratches on problemfree graded coins.seen coins with too much verdigris for my liking holdered problemfree-an au50 pcgs graded problemfree wreath sold in the last yr through heritage and the description plainly said the coin had been cleaned and nicely recolored.holdered coins have made/lost a lot of money for people.put the most faith in your own opinion
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Replies: 23 / Views: 3,145 |
First Page
Posted 04/03/2014 6:23 pm
