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Old 03-02-2006, 11:33 PM   #12 (permalink)
GDJMSP
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Join Date: Nov 2002
Location: PA
Posts: 23,515
Quote:
Originally Posted by The_Cave_Troll
I'm hypothesizing here, obviously, but it seems clear that PCGS is stricter with the 70 grades, but many insist that NGC is more consistant throughout the 1-70 range, meaning that somewhere there must be a break where NGC ceases to have the same standards as PCGS. Is that break at 69? or is it at 67/68 (like ICG on moderns)?

The two companies don't have the same standards on any grade. And in my opinion there is no break point. It is also my opinion that the number of 70 grades assigned by PCGS is also the single greatest indicator of their lack of consistentcy. Anyone who does a close study of the actual coins can see this with their own eyes.

And I mean a study of just the coins graded by PCGS. Go through a few hundred of any modern you choose with all of them graded as 69 by PCGS. Have a couple of 70's for comparison. You'll find at least 25%, maybe 50% of the 69's that can't be distinguished from the 70's. You can do the same thing with just about any grade you choose, but to a lesser degree. That is what is meant by consistency.

Do the same study with a group of coins graded by NGC - you'll get an entirely different result. They actually are consistent.
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