| Author |
 Replies: 12 / Views: 6,099 |
|
|
Valued Member
United States
89 Posts |
Any pros or cons to either? I have some coins that I would like to submit for grading, and would prefer to do it on my own rather than go through a LCS.
*** Moved by Staff moved to a more appropriate forum. ***
|
|
|
|
Bedrock of the Community
13014 Posts |
PCGS for US coins and moderns, for world coins it varies by country. I don't see the US market preference for PCGS (especially on more valuable coins) changing anytime soon. PCGS has the better membership fee as well. The platinum level with the 8 vouchers actually saves you money on the first submission if you use it at the regular submission level. They can be used for the gold shield service as well which come with the nice pictures. As far as holders the optical clarity on the PCGS holders is currently the best of them all. They're also a little more protective since they're water resistant. If you do get NGC get the 150 membership that gives you even credit for it, you won't save anything but you'll at least not be paying for a membership either. |
|
Moderator
 United States
56855 Posts |
Just wondering,why not ANACS? John1  |
|
Rest in Peace
United States
17900 Posts |
My own preference is NGC as they tend to grade a little tougher on some series (CBH, as an example). Since the majority of buyers are buying the coin, not the slab, many will pay a premium for a tough grade. Since they started grading with the four prongs on the coin holder, they are actually tougher.
I have a few hundred PCGS, too, and there certainly isn't any reason not to use them.
ANACS is only OK. Regardless of their grading, they get beat to death when their coins are sold, simply because they aren't considered as good as the two above. They are actually the best for variety and error coin identification.
I've converted a fair number of ANACS to NGC and PCGS with excellent results, simply because so many collectors automatically remove them from their search filters.
If you know a series grading intimately, it's possible to grab hard graded ANACS, convert them, and when you sell, do quite well.
|
|
Pillar of the Community
United States
1375 Posts |
ANA membership also includes free NGC submission privileges. Basic NGC cost is $25 and basic ANA cost is $28, so you essentially get ANA membership for $3. Not a bad deal IMHO. Additionally, if you also collect currency, then NGC membership also includes membership to PMG. PCGS coins and PCGS currency are separate and require membership in both in order to submit to both.
Edited by BadDog
07/22/2018 2:44 pm
|
|
Bedrock of the Community
13014 Posts |
Quote:
My own preference is NGC as they tend to grade a little tougher on some series (CBH, as an example). Since the majority of buyers are buying the coin, not the slab, many will pay a premium for a tough grade. Since they started grading with the four prongs on the coin holder, they are actually tougher. Very few people would agree with your assessment of them being tougher graders on US coins especially on classic US coins and even more especially on CBH. Even the EAC grading guide found them to be loser with copper than PCGS. The market also completely disagrees with your assessment, I do as well and they aren't tighter or tougher. They have a slightly different standard but they didn't become second fiddle with classic US coins price wise because they're tougher which that haven't been overall. There's good coins in NGC holders and there's nothing wrong with people liking them better, but to say that they are tougher and imply buyers will pay a premium for NGC because they're tougher is just not accurate. |
|
Pillar of the Community
United States
1375 Posts |
Quote:
(CBH, as an example)  Okay, maybe I should (but don't) recognize this series acronym. CBH isn't in the CCF glossary. Could you clue me in? |
|
Bedrock of the Community
13014 Posts |
Quote:
. Okay, maybe I should (but don't) recognize this series acronym. CBH isn't in the CCF glossary. Could you clue me in? Capped Bust Half. |
|
Pillar of the Community
United States
1375 Posts |
 Like I said, I SHOULD have recognized it. |
|
Valued Member
 United States
89 Posts |
Thanks for the info everyone. I think I will likely go with a PCGS membership
|
|
Pillar of the Community
Australia
852 Posts |
The PCGS platinum level is only worth it if they honour the 8 voucher offer. They can (and do) refuse to accept the vouchers for any number of reasons. Currently I have 8 vouchers that have 9 months to expiry but as they won't accept submissions from me* it means those vouchers will expire. (*I possess a collection of counterfeit coins in genuine PCGS slabs, they are so desperate to make them vanish they are using lots of nasty tricks to try to pressure me to hand them over, including deleting the certificate numbers of a number of genuine coins that I had previously submitted and refusing to honour any vouchers I currently possess).
|
|
Bedrock of the Community
13014 Posts |
Quote:
They can (and do) refuse to accept the vouchers for any number of reasons. No they don't, you're the only person I have ever heard of having an issue with the vouchers unless they were just used incorrectly on a submission mistake. If you got yourself banned from submitting of course the vouchers will expire but it's very hard to get banned from submitting so there's obviously more to this story. |
|
Pillar of the Community
Australia
852 Posts |
There is not a lot more to this story, they are just very embarrassed that I possess fakes in genuine slabs and refuse to hand them over so they are trying various tactics to try to pressure me to give in. The genuine coins were correctly submitted with valid vouchers but they decertified them and said the certificates won't be revalidated until such time I hand over the slabbed fakes. PCGS has slabbed thousands of fakes and most of the identified ones have been handed over by various collectors and dealers (often with the carrot of a few free grading vouchers). I know of one dealer who just a few months ago cracked out the fakes and sent the certs only back (and was given some free vouchers). There are also almost certainly thousands of fakes that they have yet to identify (and I know of a few dozen different examples in certain series/nations to which I have some expertise, so odds are that the many more nations and series to which I am a novice would likely also contain slabbed fakes).
I keep mine and won't hand them over as I use them as a teaching aid for a select few numismatic writers. Plus I'm a stubborn bugger who doesn't give in to pressure.
|
| |
Replies: 12 / Views: 6,099 |
|
Posted 07/22/2018 06:58 am
