Overgraded 1941 1c Only $3999 Usd

Mr. jacrispies, what is the harm in these threads? I rather enjoy them!

I did not make any mention to these threads being harmful, nor unwelcome. I am simply curious as initially mentioned. I was not sure if there was a bigger picture, like an anti-TPG message or further market grading opinions. Keep posting them, they are learning experiences for many, including myself.

I agree 100%. Coin collecting has turned into a game of highscores. People automatically buy what the label says, and are willing to pay extra for the plastic.

I personally don't understand the craze, avoid TPGs, and mainly deal in raw coins. Actually I just purchased my first TPG graded coin (in the mail), and will most likely end up cracking it. That way I can handle my coin and study it close up. Knowledgable coin collectors and dealers should be able to ignore the plastic and use their own experience to evaluate a coin. Too many people are buying the label!!

In my opinion NGC is the worst of the lot. It's always a bit of a crap shoot to buy a TPG coin without holding it in hand, but that is doubly so for NGC.

Some Canadian buyers will swear by ICCS, but they are much more inconsistent in how they apply their grading rules in the last few years. (since Brian left?) It drives me nuts to have some negative characteristics completely ignored in the remarks, but have the coin net graded instead. Sometimes. Not always. You could have an AU58 coin with some cleaning net graded down to EF45 with no explanation. I'd rather see the holder say AU58 and have a remark of cleaned myself.

Then there is PCGS. Nobody can doubt that their mid-grade grading of Canadian coins is rather brutal. It's not impossible to have a well graded coin in the F-AU range, but it's not likely. I feel like most of their higher grade grading is pretty consistent though and generally if you see an MS65/PL65/SP65 or higher coin in a PCGS slab you can be reasonably confident in the grade. There is no doubt there has been some grade creep there too, but that is across all TPG's.

I feel like NGC overgrades much more consistently than the others though. It's not that every one is overgraded, but certainly a much larger percentage are than any other TPG. Thats why you see coins sent into NGC, because sellers know there is a decent change they can get at least one extra point on the holder, which can easily be worth thousands with the right coin. It's really unfortunate because it means some really nice coins are ignored because of the holder.

I'm one of those unfortunates who lives in the middle of nowhere and rarely is able to get to a show, so I am often having to decide if I want to consider picking up a coin based on the limited visual information I have along with which TPG it is. I've picked up some NGC graded coins, but not many. I've picked up a lot of PCGS graded coins and rarely been disappointed. ICCS occasionally as well but it has to be compelling. And of course a bunch of raw ones, with mixed results. Sooooo much better to go to a show or LCS and browse for what you are interested in, but not always possible for some of us.

I don't know if it's actually over graded. The seller's photos have the coin too small to actually prove. It's from NGC though.

Nice coin, but the Obverse small dings and scratches wouldn't allow much over 63 at PCGS or ICCS, maybe to a 64. It IS red, though and PCGS would take that into consideration. NGC grossly inflates Canadian cents, be it small or large ones.

I'm always amazed how an ebay post can generate so much TPG hate. Like it or love it, they are here to stay and for the most part TPG provide a small measure of security to net buyers where coins can not be held in hand before the purchase. Just sayin....