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Originally Posted by Midas 1986 MS American Silver Eagle:
PCGS reported that they graded 3,710 submissions. Out of these submissions, 3 received a MS70 grade. 3 divided by 3710 equals .0008086. Multiply that by 100, add the % notation and you get: .0808% of all submissions received the 70 grade.
For MS69 grades, PCGS awarded 2,728 grades or 73.53% of all submissions.
NGC reported that they graded 38,476 submissions! Out of these submissions, 447 received a MS70 grade. 447 divided by 38,476 equals .011617. Multiply that by 100, add the % notation and you get: 1.1661% of all submissions received the 70 grade.
For MS69 grades, NGC awarded 37,828 grades or 98.32 of all submissions.
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Yes, as per your post they graded more and I am sure some people would say (without any fact or support basis) that NGC is probably getting better coins and submissions over PCGS, but you draw your own conclusions. |
To prove your point that NGC has looser grading standards, please buy all the 1986 NGC MS70 SAEs and send them to PCGS for grading to see how many of them end up as PCGS MS70.
Without those numbers, you have no support or fact basis.
Until you let NGC and PCGS grade the SAME COINS, you can't say if one grading service is looser or not.
Comparing grading statistics for NGC and PCGS and drawing any conclusions is impossible unless you give both NGC and PCGS the exact same raw coins to work with.