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 Replies: 8 / Views: 2,045 |
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New Member
United States
27 Posts |
I've been looking at a lot of coin sales and auctions online. I realize that I'm only looking at photos of these coins. But I feel like I'm seeing differences in the grading. PGCS, NGC, and SEGS all show coins that to me eye look about the same. Again, I'm just looking at a photo, but I feel like PGCS and NGC seem to be pretty consistent. But To me, SEGS seems to grade higher than the others. Maybe it's anecdotal. I'm adding photos (they aren't great) of a 1902 VAM-4 that SEGS grades at MS-65+. Seems a stretch to me, but I'm new to this. Thoughts?   |
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Pillar of the Community
 United States
5667 Posts |
An obverse photo would help. SEGS is not considered one of the top tier grading companies, and their grading can be inconsistent, especially in the higher mint state range. I definitely wouldn't rely on their stated grade.
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Pillar of the Community
United States
3469 Posts |
There's a reason ebay, and most folks here, only recognize 3-4 TPG companies. Even when dealing with the top 3-4, buy the coin not the slab. |
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Bedrock of the Community
Australia
21786 Posts |
It is probably better to just take the stated grading on the slab as being nearest to being correct.
There are three main problems in trying to assess the grading for yourself of pictured graded coins is that
1) the lighting conditions can vary,
2) the quality of whatever photographic equipment was used, and
3) the ability pf the photographer.
When a coin is professionally graded, one would expect that there would be less variation in grading opinions. A professional grader objectively examines each coin raw, in hand, under ideal lighting conditions.
It is for this reason that I really prefer to buy raw unslabbed coins. Raw coins can be checked for weight or XRF if needed. This especially applies for other than modern coins where to possibility of fakes can be greater.
Nevertheless, I prefer to grade for myself, using the same conditions and I also prefer unslabbed coins.
I see that the main reason for slabbing a coin is that when selling, an objective third party opinion would be more acceptable than have a disagreement of opinion between a probable seller and buyer.
Having said that, I haven't sold a coin out of my collection for more than 40 years.
When buying coins for myself, I usually ignore the stated grading on the slab anyway. I think I have been around long enough to preferentially trust my own grading instead, in most circumstances.
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Valued Member
United States
220 Posts |
If it was me, I wouldn't pay more than 61 money for that 1902-P in a SEGS slab. While the VAM-4 is cool, the coin grade makes the value, not the VAM No.in this case IMHO. |
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New Member
 United States
27 Posts |
I'd take real photos, but I can't get the coin out of that clear plastic casket it's entombed in.
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Pillar of the Community
United States
1694 Posts |
in reality even the top grading companies are inconsistent on grading even from the same company depending on the grader the day and who knows what other factors. Larger submitters versus average joe sending in a few coins.
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Pillar of the Community
United States
2869 Posts |
I don't like SEGS for grading.
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Pillar of the Community
United States
3848 Posts |
Overall, grading is subjective and there will be inconsistencies with any coin grading service. Buy the coin, not the holder. Just because it says 65+ doesn't make it a 65+.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Replies: 8 / Views: 2,045 |
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Posted 07/31/2021 8:14 pm
