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PCGS Vs NGC Wheat Penny - Worth The Same?

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 Posted 05/12/2023  09:00 am Show Profile   Bookmark this topic Add Jake57 to your friends list Get a Link to this Message Number of Subscribers
Does a PCGS coin sell for more than corresponding NGC coin
If so is it worth cracking open the NGC and getting redone by PCSG

Coins in question are:
1922 No D strong reverse - 3 coins with NCG rating VF25
1914 D - 1 coin with NCG rating VF25

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John1's Avatar
United States
56855 Posts
 Posted 05/12/2023  09:04 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

As a general rule PCGS does sell for a bit more than NGC,but you are not guaranteed the same grade if you send it to PCGS and you will have to pay for them to slab it.
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Coinfrog's Avatar
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94367 Posts
 Posted 05/12/2023  09:16 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
In all likelihood you should leave well enough alone.



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Spence's Avatar
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 Posted 05/12/2023  09:20 am  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@jak, first welcome to CCF. Second, a suggestion that I have is for you to post pictures of each of these coins in their own thread and let us give you opinions as to whether we agree with the NGC grade. If the consensus is that one or more are likely undergraded, then you could consider sending those in to PCGS.
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datadragon's Avatar
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 Posted 05/12/2023  10:52 am  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
Coins graded by PCGS tend to have a higher resale value more so in higher conditions. Some people in forums say that PCGS has a stricter grading scale. This could account for why PCGS coins command a higher resale value when in that holder with the higher grade attached. The price guide is slightly different, 1922 No D strong reverse with NCG rating VF25 may be about 20% different with PCGS also on quick glance.

Generally I dont think the stricter grading has even been proven as there are many times where NGC has given the same coin a lower grade than PCGS and vice versa so more likely its who is grading your coin since it can be subjective even within the same grading service and why you see crackouts here and there.

So I agree with John1s answer, you are not guaranteed any grade and it is important to consider the fees vs the return. I would think if a coin is in high grade and of quite high value such as its a $5k-20k coin+ then attempting to get it into a PCGS holder with that grade where the grading fees are very slight in comparison might be worthwhile, but typical coins of moderate value probably are not worth the additional cost and effort for the return potential differences. Also as spence said, perhaps if the consensus is that it may be undergraded and should be looked at anyway for that reason then you have a secondary potential for increased value due to better grade on top of the PCGS vs ngc slight possibility for better resale value.
Edited by datadragon
05/12/2023 10:53 am
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nickelsearcher's Avatar
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 Posted 05/12/2023  12:50 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
to the CCF
Take a look at my other hobby ... http://www.jk-dk.art
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Dearborn's Avatar
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BH1964's Avatar
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 Posted 05/12/2023  11:20 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
For the coins you noted there's no way I'd submit them to PCGS for a cross or crack/re-submit. Too many variables and too much money spent for the expected return.

I'd love to see the pieces.

ANA #R3154474
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United States
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 Posted 05/13/2023  06:07 am  Show Profile   Bookmark this reply Add Jake57 to your friends list Get a Link to this Reply
Thanks for comments - will submit pictures in coming days
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