Hello all,
Wow! It's been a long time. I hope everyone is living long and prospering! I've been collecting steadily, if slowly, lately. Just haven't had a chance to visit the Coin Community for a while. Anyway, it's good to be back.
My opinion on this topic: Tighten the belt and do both. But if you can only do 1, do the NGC one because they have the coolest holders, they're every bit as professional and capable as PCGS, they're prices on classic coins fluctuate, but unless you're buying your coins solely as an investment, the 2 companies are interchangeable.
On the other hand, the PCGS offer is tempting. It more than pays for itself, as does the NGC. My problem is, I don't usually buy raw coins, so I don't have that many to grade. I have a complete set of almost all raw Walkers, and eventually would like them graded, but I'm upgrading (at a snail's pace) the older coins, and in the meantime, that's where I get my raw coin fix, so I'm not sure I'd want to use my vouchers for those coins.
I know some people are convinced that PCGS is the blu ray of grading companies, but I like my NGC graded coins just as well.
See, the point is IT'S THE COIN that ultimately matters. NGC has graded some of the finest and most expensive coins known to exist, as has PCGS. They're interchangeable to me on classic coins. And if you're buying ultra rarities, they are absolutely interchangeable in the prices they realize.
LAST THING: If you're into modern coins, I don't follow the conventional wisdom that PCGS is stricter. First of all, neither company is as strict on most modern coins than they should be. Second, while it is true that PCGS gives way fewer 70s to modern coins, I don't think it's because they're strict. I think it's because they grade on a curve. PCGS is more reluctant than NGC to give out 70s because they want to limit the number of coins they give that grade to, so that even a really perfect coin may not get a 70 because they've filled their quota for 70s on that particular coin.
Posted 02/02/2010 3:55 pm
