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Great thread...
I, too, have always wondered with all of the votes for PCGS or NGC as being the top two graders (as suggested many times throughout these forums) why the discrepancy in prices??
The fact is, or it appears, that PCGS still commands higher prices for the same coin, with the same grade. Sure luster and appearance play a role...but at these figures?? There is a huge market for buying and selling sight-unseen and that is where grading services have played a role in giving confidence to buyers when it comes to purchasing these coins "slabbed" versus a "raw" state. In some cases, bogus grading services like SGS and others have hurt the perception of grading services altogether....but that has been discussed previously as well
Stll, PCGS prices are still substantially higher than NGC and others...or is the bottom primed to fall out??
I have picked up coins graded by ICG and ANACS at almost half of what PCGS was getting for the same coin in the same grade. They looked nice, I agreed with the grade (most of the time), and I saved a bunch. I don't plan on selling them, but if I did, I would consider cross-overing them to PCGS because even after the cross-over costs, I wold probably make out more substantially selling a PCGS slab over the ones I picked them up in.
Last edited by Ed Zak; 10-10-2004 at 09:46 AM.
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