Why Do There Appear To Be More NGC Graded Gold Coins Compared To PCGS?

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Author	Replies: 5 / Views: 1,913
Sharkman Valued Member United States 461 Posts	Posted 12/27/2018 8:23 pm I have been doing my due diligence before buying my first gold coin. It seems that well over half the gold coins I look at are NGC certified. Usually the preponderance of coins are PCGS graded. I don't want to assume without reason that people submit gold to NGC because they expect a higher grade, but the question does present itself. Does anyone have any thoughts? Report this Post to the Staff

jimbucks Pillar of the Community United States 4691 Posts	Posted 12/27/2018 8:27 pm One reason could be that NGC will give gold coins PL grades, whereas PCGS will not. So if a submitter thinks coins have a shot at PL, NGC would be the place to have grade them. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 12/27/2018 9:28 pm Because some of the biggest sellers of modern gold are located in Florida so a big chunk ends up there from them. Report this Post to the Staff
Sharkman Valued Member United States 461 Posts	Posted 12/27/2018 10:14 pm Basebal Would the same hold true for classic gold? I've only been looking for pre-1933 coins. It seems like everyone who has one has it graded (they are everywhere) and most are NGC. Report this Post to the Staff
westernsky Pillar of the Community United States 7618 Posts	Posted 12/27/2018 11:50 pm Maybe it's because NGC's grading standards are a little more "favorable" (looser!) than PCGS's grading standards? Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 12/27/2018 11:57 pm Quote: Would the same hold true for classic gold? That's a completely different animal for the numismatic ones which PCGS has the lead there especially PCGS CAC. Report this Post to the Staff
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