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PCGS Vs ANACS

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wcoop78's Avatar
United States
5 Posts
 Posted 08/31/2011  5:53 pm Show Profile   Bookmark this topic Add wcoop78 to your friends list Get a Link to this Message Number of Subscribers
Just curious- why is PCGS best if you are planning on selling a coin? I'm still new to collecting but have previously been under the impression that ANACS is the best for morgans. Thanks! Does anyone have a link to a thread that discusses the pros/cons of each grading service?
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biokemist6's Avatar
United States
12437 Posts
 Posted 08/31/2011  7:51 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
why is PCGS best if you are planning on selling a coin?

Simply put, PCGS coins generally bring more money than the same coin in any other slab. There is the perception that a coin will be of better quality if it is in PCGS plastic, not necessarily true but it is a pervasive belief.


Quote:
I'm still new to collecting but have previously been under the impression that ANACS is the best for morgans.

ANACS is the best in one aspect- they attribute every single known VAM. PCGS and NGC only attribute Top 100, Hot 50, and the like.
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aladinslamp's Avatar
United States
3076 Posts
 Posted 09/01/2011  01:44 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
This is correct,, its a perception thing, as ALL companies have changed there grading standards many times over the years, ONE MUST LEARN HOW TO GRADE, as my friend
OZ reminds me all the time.... The reason we LEAN towards the top TPG's is because we are trusting in there experience with Morgan's Persay....as many years had known flaws as well as some years had absolutely great strikes that are TOO common, so those coins grades will be lower than a coin with known weak strikes ect...YET if you compare them to the general standards you would find the poorer coin should have a lesser grade.....But this is not so when coins per/by year are compared side by side.....1881-S always comes to my mind..
ALWAYS A FABULOUS strike..but they can't all be MS65..so the most minor deficiencies lower the grade.. yet compare them to other years and they would look to be higher grade
than compared to some of the New Orleans Mint Marks...
most have a flat ear, which would indicate an AU coin..Lack of detail over the ear in the hair detail...But this is not so...Many have the weak strike...YET SOME are nice strikes not weak.. that's why many rely on the TPG's
to decide for us....... Noticeably in my humble opinion,,
NGC coins are a bit more baggy on the overall surfaces..on there older coins...PCGS is over the top now...A coin must be 1/2 half higher grade point..to get the normal assigned grade..my meaning is, if your coin meets MS63 standards it will receive an MS 62...if it doesn't quite meet MS64 it will receive MS63...... ICG now puts Many coins in the AU58
category...These are some really nice coins. compared to older graded TPG holdered coins....This is why...
ONE MUST LEARN TO GRADE.....one point in grade difference can mean hundred to thousands of dollars...
this is where your investment or profit is lost...
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southsav's Avatar
2224 Posts
 Posted 09/01/2011  11:51 am  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply
Well said Aladin. Personally, I like the NGC slab appearance over PCGS, but on a common coin, PCGS, may or may not, bring an extra dollar or two. Perception.
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