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This is from Coin World...interesting reading about POP reports with NGC and PCGS:
1/15/2007
"Variations in grading service standards may also be revealing themselves. For example, PCGS has graded a mere two Jefferson 5-cent coins as MS-70 since and including the 2004 design changes while NGC has graded in excess of 9,501 MS-70 coins of the same dates as of its October 2006 report.
This compares to 11,855 2004 to date 5-cent coins graded Mint State by PCGS and 53,246 graded Mint State by NGC. NGC has graded about 4.5 times as many 2004-to-date Jefferson 5-cent coins as PCGS, and nearly 18 percent of these NGC-graded 5-cent coins grade MS-70. If the same percentage were applied to these same PCGS-graded issues, PCGS would have graded about 2,115 as MS-70."
Let me see if I can understand this...
Total 2004 5 cent coins submitted to PCGS: 11,855
Number of MS70 grades awarded: 2
% of this given coin's submissions receiving MS70 grades: .017%
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Total 2004 5 cent coins submitted to NGC: 53,246
Number of MS70 grades awarded: 9,501
% of this coin's submissions receiving MS70 grades: 17.84%
Interesting...don't you think?
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“It's what you learn after you know it all that counts.” - John Wooden
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