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Replies: 8 / Views: 276 |
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Valued Member
United States
420 Posts |
I'm on the hunt for a nice mid-grade Liberty Cap Cent, and was watching these auctions. What do you make of the final sales price (incl fees) - NGC VF25, non-CAC, $1891PCGS VF20, CAC, $3600Double the price for the PCGS coin! Both "head of 1794" so not like some rare variety. I know CAC adds some value, but that much? I actually like the NGC a little better because of the color.. Anyway, thoughts appreciated.
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Bedrock of the Community
United States
11937 Posts |
I like the NGC better bc of the price, I think the pcgs coin is a higher grade though not as attractive.  
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
United States
5914 Posts |
I don't understand how the PCGS example could possibly have a lower grade than the NGC example. All the letters and numbers are clear with the PCGS coin, whereas they are heavily worn on the NGC coin. I'm not saying I'd necessarily pay twice as much for the PCGS coin, but I personally think it's a much better example and definitely worth more regardless of the grade assigned.
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Pillar of the Community
United States
8527 Posts |
I have to go with the NGC coin. Just more attractive to me.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
2564 Posts |
slightly rotated dies on one or both coins?
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Valued Member
United States
81 Posts |
I personally prefer the NGC coin. I prefer it even more when I look at the prices!
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Valued Member
 United States
420 Posts |
Thank you for the replies, but I am still flummoxed at the pricing here, I am shopping for one of these and don't want to botch it up. Wonder whether this was true market pricing, or a 1-time random glitch.
Maybe PCGS has a more 'cred' than NGC and stricter grading standards? (evidence here backs this up) Maybe the CAC made all the difference? Maybe it had something to do with GC vs HA auction sites?
Or maybe just random bidding war on one and lack of eyeballs on the other, and if the auctions were run again, they would come in equal price, or maybe even be flipped around. I just don't know.
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Moderator
 United States
191700 Posts |
None of those factors should be discounted. Like it or not, labels, stickers, and venues all affect the market price. The final prices would absolutely be different if you ran it back.
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Moderator
 United States
100829 Posts |
for one reason or another PCGS graded coins generally garner a higher premium.
But in this case, I would go for the NGC graded coin because of both appearance and price.
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Replies: 8 / Views: 276 |
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