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Which TPG For World Crowns ?

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Valued Member
plonker's Avatar
United States
462 Posts
 Posted 05/18/2014  11:22 pm Show Profile   Bookmark this topic Add plonker to your friends list Get a Link to this Message Number of Subscribers
I collect mostly pre WWI silver crowns from around the world. I have about 150 coins and only 8 of them are graded (bought graded). I want to pick the best of my collection that I think in EF/UNC range and graded them and maybe start selling the rest of them to make money for future buys as my disposable income is getting restricted.
Looks like NGC has more world coins graded than the PCGS but the current PCGS member deals seems to be better than NGC. Just wondering if there is any recommendation wrt to grading world coins with NGC vs PCGS. I might not sell them right away but would like to make sure they are graded by reputable TPG when I do want to sell them in the future.
Valued Member
United States
211 Posts
 Posted 05/18/2014  11:29 pm  Show Profile   Bookmark this reply Add JimmyJames to your friends list Get a Link to this Reply
I have a handful of European crowns from each TPG, which is probably similar to your experience level. Both companies have competent graders. NGC has been grading the coins for longer and appears to have the larger market share right now as far as already graded coins go. But most of the newly graded coins I am seeing go through PCGS. And when I see TPG graded coins being sold by European dealers, they appear to be PCGS more often than not. Maybe they know something I don't. Either way, PCGS appears to be catching up quickly.
Edited by JimmyJames
05/18/2014 11:30 pm
Valued Member
Greece
425 Posts
 Posted 05/19/2014  1:34 pm  Show Profile   Bookmark this reply Add epop to your friends list Get a Link to this Reply
pcgs has a grading office at Paris.That explain why european dealers prefer pcgs than ngc.
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Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 05/19/2014  4:32 pm  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply

Quote:
pcgs has a grading office at Paris. That explain why european dealers prefer pcgs than ngc.


I don't know about prefer ... it's just that more PCGS slabs are on offer.

Certainly in Britain there's a general apathy (or antipathy!) to graded slabbed coins with most collectors breaking them out or looking for undergrading to get a bargain. I'm not aware that there's any more enthusiasm in the rest of Europe either.

So I'd say, only get them slabbed if you plan to sell in the US. If in Europe, save your money and use it to buy more coins.

New Member
Italy
26 Posts
 Posted 07/07/2014  05:39 am  Show Profile   Bookmark this reply Add Harpagon Coins to your friends list Get a Link to this Reply
For world crowns I would go with PCGS. NGC has the larger market share at present, but that will likely change.

If you're based in the US I can understand the reasons for slabbing, otherwise I agree with Tom goodheart. Slabbing in Europe really hasn't been embraced with the enthusiasm of Asian and US markets.

I would further say, but this tends to be one of my rules, from which I waver sometimes - don't slab coins that have a market value of less than $500 and preferably ones that will grade above MS64.

As a long term investment, I've written elsewhere, consider that the returns on certain coins (NON US) are typically higher outside of the US and even higher for circulated coins.

Food for thought
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