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I didn't give NGC enough time to adjust their POP report, but they did ...and I even mentioned it in a post-folow-up-post, so yes...the likes of PCGS and NGC will adjust their POP reports.
I substantiated my argumemt with published reports from BOTH PCGS and NGC. In my previous example with the common date Lincoln cents (easily found in RED condition), I demonstrated three examples of where NGC gave out way more MS67 grades then PCGS. Is this a coincidence? After examining many of these reports, the numbers are pretty much similar across the board. On an average of 3 to 1, NGC gives out way more 67 grades than PCGS. Are you going to tell me, coin for coin, that NGC is getting 3 times more MS67 coins than PCGS? Or is it that PCGS is 3 times more likely NOT to hand out these top grades? You don't think other collectors are asking these questions? I have been asked and I am asking myself!
You say that NGC grades conservatively, but from what I have seen (in hand), what I heard, what I have read, and what I have been told, I am basing my conclusions not on personal feelinigs. Frankly, I could care less who does a better job. I have no financial interest in either these TPG's...but I would be a fool not to make sure my collection was as liquid as possible in the event I need to sell...so if I have to submit my raw coins, I just HAVE to use PCGS. I would be a fool if I didn't!
As for the other factor, dollars realized...well explain this:
Previous Prizes Realized History from Teletrade (I used Teletrade because I look at this auction house as somewhere between Heritage and eBay...with auctions going on all of the time)
Mar 1 2006 Silver Dollar 1885CC PCGS 64 $644
Mar 1 2006 Silver Dollar 1885CC GSA Hoard NGC 64 $560
Feb 27 2006 Silver Dollar 1885CC PCGS 64 $644
Feb 27 2006 Silver Dollar 1885CC PCGS 64 $644
Jan 16 2006 Small Cent 1940D PCGS 67 RD $134
Jan 15 2006 Small Cent 1940D NGC 67 RD $63
Jan 11 2006 Small Cent 1940D NGC 67 RD $53
Jan 8 2006 Small Cent 1940D NGC 67 RD $63
Feb 12 2006 Small Cent 1947D PCGS 67 RD $134
Oct 30 2005 Small Cent 1947D NGC 67 RD $78
Sep 5 2005 Small Cent 1947D NGC 67 RD $78
Sep 4 2005 Small Cent 1947D NGC 67 RD $84
Nov 23 2005 Small Cent 1975S Proof PCGS 69 DCAM $246
Nov 21 2005 Small Cent 1975S Proof PCGS 69 DCAM $258
Oct 30 2005 Small Cent 1975S Proof NGC 69 RD Ultra Cam $95
Aug 15 2005 Small Cent 1975S Proof PCGS 69 DCAM $146
Jan 29 2006 Small Cent 1941 PCGS 66 RD $50
Nov 2 2005 Small Cent 1941 NGC 66 RD $17
Oct 31 2005 Small Cent 1941 PCGS 66 RD $41
Sep 25 2005 Small Cent 1941 PCGS 66 RD $35
Jan 18 2006 Nickel 1927 PCGS 66 $672
Jun 20 2005 Nickel 1927 NGC 66 $550
May 9 2005 Nickel 1927 NGC 66 $578
Feb 26 2006 Nickel 2005S Proof Ocean View NGC 70 Ultra Cam $47
Feb 8 2006 Nickel 2005S Proof Ocean View NGC 70 Ultra Cam $78
Feb 5 2006 Nickel 2005S Proof Ocean View NGC 70 Ultra Cam $68
Feb 1 2006 Nickel 2005S Proof Ocean View NGC 70 Ultra Cam $63
Feb 27 2006 Nickel 2005S Proof Western Waters PCGS 70 DCAM $168
Feb 27 2006 Nickel 2005S Proof Western Waters PCGS 70 DCAM $168
Feb 27 2006 Nickel 2005S Proof Western Waters PCGS 70 DCAM $168
Feb 27 2006 Nickel 2005S Proof Western Waters PCGS 70 DCAM $168
Mar 1 2006 Quarter 1950D PCGS 66 $63
Feb 19 2006 Quarter 1950D PCGS 66 $78
Jan 29 2006 Quarter 1950D NGC 66 $32
Nov 2 2005 Quarter 1950D NGC 66 $53
Jan 23 2006 Statehood Quarter 2002S Proof Ohio Silver NGC 70 Ultra Cam $63
Sep 18 2005 Statehood Quarter 2002S Proof Louisiana Silver NGC 70 Ultra Cam $63
Sep 14 2005 Statehood Quarter 2002S Proof Louisiana Silver PCGS 70 DCAM $588
Apr 17 2005 Statehood Quarter 2002S Proof Louisiana Silver PCGS 70 DCAM $468
Dec 14 2005 Statehood Quarter 2000S Proof New Hampshire PCGS 69 DCAM $14
Oct 31 2005 Statehood Quarter 2000S Proof New Hampshire PCGS 69 DCAM $14
Oct 23 2005 Statehood Quarter 2000S Proof New Hampshire PCGS 70 DCAM $336
Sep 14 2005 Statehood Quarter 2000S Proof New Hampshire Clad NGC 70 Ultra Cam $73
Apr 20 2005 Statehood Quarter 2000S Proof New Hampshire PCGS 70 DCAM $330
I could go on...but hey, I am open to all constructive arguments that I am way over my head if I don't buy the notion that NGC grades more conservaticely then PCGS. Look at the dollars...look at the reports. Feelings aside, I looking at facts and figures.
__________________ “It's what you learn after you know it all that counts.” - John Wooden
Last edited by Midas; 03-04-2006 at 03:56 PM.
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