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Originally Posted by GDJMSP We've had this discussion so many times it's almost pointless to do so again. But just for the sake of argument, let's agree that NGC hands out the 70 grade more often than PCGS does. What would be the conclusion ? The only conclusion there could be would be that NGC hands out the 70 grade more often than PCGS. And that's all you could conclude. It doesn't mean that PCGS is more strict with grading as a whole than NGC - we are only talking about 1 grade and 1 grade only. What about all the other grades ? |
Let's look at the POP reports of some relatively common date Lincolns in 67 grades. At these grades is when you see these values jump! For instance. I used these dates, because the likelihood of these common date coins being submitted, cracked out, and resubmiited again are
very slim:
1938-S Lincoln 1c - Red NGC:
MS64: 22
MS65: 130
MS66: 591
MS67:
637
MS68: 2
PCGS:
MS64: 62
MS65: 417
MS66: 1582
MS67:
210
MS68: 0
1950 Lincoln 1c: NGC:
MS64: 13
MS65: 65
MS66: 352
MS67:
67 PCGS:
MS64: 62
MS65: 142
MS66: 361
MS67:
17 1955-S Lincoln 1c NGC:
MS65: 285
MS66: 2696
MS67:
406
MS68: 0
PCGS:
MS65: 404
MS66: 1735
MS67:
188
MS68:
1
You can call these POP reports "junK", but when you take into account actual prices realized from the likes of Heritage/Teletrade/eBay as well as what dealers say straight out at shows/shops, plus a 20 year run, it is pretty hard to ignore the facts and the reasons why PCGS slabbed coins carry a stiff premium over NGC who carries more vlaue than ANACS who carrys more value than ICG. The rest of them aren't even worth mentioning.
Conclusion...when submitting, submitt your coins to the service that will realize the highest prices in the event you have to sell your collection/coin. When buying, if you can see the coin, it is equal opportunity across the board. Sight-Unseen??..."Trust me"
