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Until you let NGC and PCGS grade the SAME COINS, you can't say if one grading service is looser or not.
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Across the
whole board in almost EVERY US coin catagory???????? Is this ONE BIG coincidence that NGC hands out more 69 and 70 grades per total submissions than PCGS??
I don't think so!!
Since you bring up American Silver Eagles, let's look at
recent submissions like the 2004 Proof ASE:
NGC accepted 10,770 submssions. They handed out 4,149 PR70UCAM grades (
38.52%)
PCGS accepted 5,337 submission. They handed out 189 PR70DCAM grades (3.74%)
For the 2004 Proof ASE, NGC handed out over 10 times more 70 grades than PCGS.
99.23% of all submissions to NGC yielded a grade of PR69UCAM or higher.
60.71% were awarded the 69UCAM grade
98.26% of all submission to PCGS yielded a grade of PR69DCAM or higher. 94.72% were awarded the 69DCAM grade
Just another coincidence?? I call it a trend!
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Statistics, epsecially statistics such as those contained in the pop reports, can be interpretted to mean almost anything. For example, the numbers of coins assigned the grades of 69 & 70 by NGC could be said to mean that those people submitting the coins to NGC are better graders than those people who are submitting the coins to PCGS.
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You really expect to see that across the entire spectrum of US Coins? You can't honestly suggest that those submitting specifically to NGC are ALL submitting better coins that those submitting to PCGS. It is like asking how in the world is SGS out of Ohio (Aboncom) is coming across all these MS70 and PR70 coins?? Well maybe, they have better collectors submitting coins to them too! Come on...do you really buy into that?
