Crossover Experiment: NGC, ICG, ANACS, Segs, ICCS, CCCS To PCGS - Page 2

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Author	Replies: 20 / Views: 8,218	Page: of 2

TheCoinHunter Pillar of the Community Canada 1461 Posts	Posted 07/13/2015 6:49 pm I think this exercise accurately represents today's market. I for one always argue that the disparity between ICCS and the US TPGs isn't as drastic as many make it out to be. Most of the examples above reflect it (copper excepted, but many are of opinion that PCGS grades copper way better than ICCS anyways). I think PCGS is stricter on problem coins (especially in lower grades where NGC tends to be more forgiving). I've said this before, undoubtedly the US TPGs (and especially PCGS) are starting to set the standard for grading Canadian coins. This is for many reasons too long to delve into here. BUT (setting my NGC ties aside), the customer service, price and the turn around times at PCGS are unbearable. We are now at $30 CDN per coin plus shipping, handling and insurance with a min 30 day turn around time (economy). Any time I've ever dealt with PCGS, it has been an experience I rather forget. Maybe it's because I have a dealer door into NGC, but I've never had those types of issues with them, even as a customer long ago. I respect and ship many coins to ICCS as they still hold the eyes and ears of many Canadian collectors. The turn around times are good and the price is right for common, lower priced coinage. I could do without the net grade concept for problem coins, but that's a different topic. Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5400 Posts	Posted 07/14/2015 01:40 am The whole grading issue , since the advent of third party grading is nothing more than game that has made the TPG s enormous amounts of money. The game is also a great place for dealers and knowledgeable collectors to make lots of cash as well. Let's face it , grading is hardly a science and there are overgraded and under graded coins out there from all services. Slamming one over the over or saying this one is better or worse , solves little. Buy the coin and not the holder and it all works out in the end. I will add that when the grading bar slides one way or the other you better be ready to slide with it. Gradeflation is reality in a hot coin market and the opposite is quite true in a down market. Over the years I have supported ICCS , NGC, and Anacs . For the most part it has been a wonderful experience. That has made me a lot of money in the coin business. Don't. Always agree with the results when the coins come back, but the batting average is such that there have been many doubles, triples and home runs in the last 30 years of sending coins to TPG s. Edited by Pacificoin 07/14/2015 01:41 am Report this Post to the Staff
DEVLEC Pillar of the Community Canada 3234 Posts	Posted 07/15/2015 11:10 am Quote: Gradeflation is reality.... I'll just leave it at that...and it's generated a ton of fast and easy money for the the TPG's... Anyone here ever think that PCGS will set up a satellite office in Canada.... to help reduce the problems and paperwork etc..of moving coins between the borders..? . . Edited by DEVLEC 07/15/2015 11:11 am Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5400 Posts	Posted 07/15/2015 1:54 pm Not a chance in hades! There really aren't any problems sending coins for authentication or expertise. Under the customs act of both Canada and the U.S. They pass freely under a special section. The biggest problem is Canada Post extortion tracking to the U.S. The only time you have a problem with customs on getting your coins returned to you after expertising is that Canada Customs can charge ( seldom happens) GST/HST on the grading fees if they so wish. Have sent many hundreds over the years and only one package from ANACS cost me anything. Canadian coins are a minuscule blip on the radar of PCGS and setting up an office in Canada would be a sure fire money loser for them. Report this Post to the Staff
TheCoinHunter Pillar of the Community Canada 1461 Posts	Posted 07/24/2015 5:06 pm To add to this thread... I just received a couple of coins back from PCGS on cross from ICCS. All 3 ICCS coin were X series 6 digits. 1917 1C, ICCS MS64 RB PCGS MS64RB 1918 1C, ICCS MS65 RD PCGS MS65RD 1900H 1C ICCS MS65 RD PCGS DNC (Did not cross on color) Report this Post to the Staff
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