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Newbie Question: Which TPG Slabs To Collect?

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New Member

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 Posted 06/26/2015  5:57 pm Show Profile   Bookmark this topic Add mburnette to your friends list Get a Link to this Message Number of Subscribers
I have just gotten serious about collecting coins and am looking to start by collecting the Kennedy halves set. I would like it to be uniform in its slabs, not some in NGC and others in PCGS if possible. I know that NGC and PCGS are the two to choose from, but I keep seeing conflicting info on the better one to purchase when buying graded slabs. I am wondering if one is bigger, more accepted, more available, etc. than the other. What do most normal, everyday collectors use? Any advice would be most appreciated!
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edweather's Avatar
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 Posted 06/26/2015  6:16 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply


I'm not sure which TPG does better with Kennedys, but to start I would compare NGC against PCGS as far as populations for the various grades, and what the current sale prices are for the various years/grades, and that should tell you which is currently "better" to collect. Someone else might just know the answer, but that's how I would go about evaluating it.
Edited by edweather
06/26/2015 6:18 pm
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John1's Avatar
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 Posted 06/26/2015  7:09 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. PCGS is the way to go,IMHO.
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T-BOP's Avatar
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 Posted 06/26/2015  7:10 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply


Buy The Coin; Not The Slab !!
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Cascade's Avatar
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 Posted 06/26/2015  8:01 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
... pcgs is the top dog today but can ngc surpass them in 5-10yrs, who's to say. Either is acceptable but you also have to think... are you going to like looking at them in clear background pcgs slabs or white background ngc slabs? Personally I like the pcgs look better but others like their coins with the white background though. Just more food for thought
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SilverStackerKid's Avatar
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 Posted 06/26/2015  8:21 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Just remember, buy the coin, not the slab.
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 Posted 06/26/2015  8:26 pm  Show Profile   Bookmark this reply Add mburnette to your friends list Get a Link to this Reply
You all are great! Thanks for the advice
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coinlover168's Avatar
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 Posted 06/27/2015  12:10 am  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply
Also consider, if you are buying mostly online, PCGS has a shopping site for their registry sets (you can probably use the Kennedy half set) where they compile PCGS graded coins of that set for you to find easily. I find it very convenient to compare and find good prices.
http://www.pcgs.com/shop/sets
Edited by coinlover168
06/27/2015 12:10 am
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jdiablo30's Avatar
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 Posted 06/27/2015  06:35 am  Show Profile   Bookmark this reply Add jdiablo30 to your friends list Get a Link to this Reply

Quote:


Buy The Coin; Not The Slab !!


One of the most important pieces of information you need to utilize everytime you buy a slab. Or any coin for that matter.

Pcgs,NGC,anacs are the top 3. Anacs serving as 3rd and NGC pcgs serving as either 1 or 2.
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 Posted 06/27/2015  10:42 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
My answer is that you should collect neither. You first need to decide from a quality standpoint what condition is acceptable to you. Not based on the grade on a slab, but based on you looking at the coins yourself. Look at plenty of raw coins in the series to get a good idea of what's available at what price. You'll be able to determine the conditions that fit your budget. Coins sometimes need to be purchased in slabs because they need to be authenticated or because of their value. However, many coins are slabbed with the only real result being that the 3rd party grading services and dealers make more money. I certainly don't fault them for it as the purpose of their businesses is to make money, but with a series like Kennedy halves, you'll likely spend much more getting them in slabs for no real gain. I personally like having my coins in airtight holders versus slabs. It just feels more like I'm holding the coin. If you just absolutely insist on slabs, consider the do it yourself slabs. Remember, it's not what condition someone else thinks the coin is in that matters. It's the condition that you think it's in that matters.
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 Posted 06/27/2015  11:21 am  Show Profile   Bookmark this reply Add mburnette to your friends list Get a Link to this Reply
Great points! My goal, and I dont know if it is normal or not, is to collect the entire registry as close to MS-66 or better and PF 68 or better. I wanted to get started with my first few coins as already graded slabs while I begin the long journey of becoming competent in grading by eye. Again, since I am so new, I really dont know what other people typically do when they start learning from scratch. I will say that I am already learning a lot from reading all the posts and topics you all have on this site. Glad I found it!
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edweather's Avatar
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 Posted 06/27/2015  3:00 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
PCGS might be grade more conservative with a particular series, and likewise NGC. That's why I suggested doing some research. I've seen instances where the market value of a particular NGC coin/grade will be x, and the same coin/grade in a PCGS holder will be 2x. Bottom line: Just know what you are buying before you buy it.
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coinlover168's Avatar
United States
506 Posts
 Posted 06/29/2015  01:39 am  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply

Quote:
collect the entire registry as close to MS-66 or better and PF 68 or better

Do you want to just collect the entire set or enter it into the PCGS and/or NGC registry? PCGS only allows PCGS coins in their sets while NGC allows both, so that might be something to consider if you want to enter it into the registry.
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Tbone's Avatar
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1839 Posts
 Posted 06/29/2015  3:57 pm  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply
As others have stated it can vary by series but just looking at the graded populations it looks like PCGS has graded more than NGC. You can do some comparing here:

http://www.pcgs.com/pop/detail.aspx?c=125&p=MS&t=4

http://www.ngccoin.com/coin-census/...-page-0-base

All that really means is there's likely a larger supply so you may have an easier time finding ones you like with PCGS. Also as coinlover168 mentioned if you go PCGS they have a great tool for finding coins that are for sale at fixed prices on dealer's sites, at auctions and on ebay.

One other thing you might at least want to consider is not limiting yourself to one or the other. You say you'd like them to match and I understand that. Perhaps you could consider coins from all 4 of the main trusted TPG companies (PCGS, NGC, ANACS & ICG) and focus on the coin itself and then crack it out. This would give you the comfort of feeling secure that the grades are mostly consistent. Once out of the holders you can have them look uniform by either putting in a nice album (perhaps Dansco or Intercept). You could also go the airtight way that Bret mentioned. But this would keep you from being limited to only a portion of the coins that are out there and still give you the comfort you desire from buying a TPG slabbed coin.

I'm not sure I'd recommend that method with more expensive coins but with the Kennedy series it would make a lot of sense in my opinion.
Edited by Tbone
06/29/2015 4:32 pm
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ChildOfTheWheat's Avatar
United States
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 Posted 06/29/2015  4:36 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
NGC. Just sayin they are better!
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Coinfrog's Avatar
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 Posted 06/29/2015  5:11 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
It is critical that you develop your own grading standards for any series you collect so that you can apply them objectively against slabs you are looking at. As good and consistent as they usually are, PCGS and NGC often run counter to my experience with a similar coin graded the same way. Tell yourself you will not buy a coin, even slabbed, if it doesn's meet your own standard. You will not regret it.
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