An Analysis of POP Reports of PCGS and NGC 70 Grades... - Page 5

**Speedy** · 04-19-2006, 05:45 PM

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One is a 64 grade and the other is a 63 grade. I would have to believe a 64 grade is in higher demand than a 63 coin for the same coin/year/mm/etc.

ha ha ha....you don't think it might just be that one coin has more bag marks or such than the other one?....that doesn' t make "cents"

This whole topic is really crazy.....Greg made a great point....if you want a company that doesn't give out many 70's why not pick ANAC????

Speedy

Midas · 04-19-2006, 05:48 PM

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Originally Posted by Speedy

....if you want a company that doesn't give out many 70's why not pick ANAC????

or 66's or 67's...

**Speedy** · 04-19-2006, 06:10 PM

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or 66's or 67's...

If you want a company that doesn't give out many 66's or 67's go with SGS!!!!!!

Really Midas....

Speedy

Midas · 01-16-2007, 06:37 PM

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%

******************************************

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?

**GDJMSP** · 01-16-2007, 06:53 PM

Yeah, it is. It tells me two things, one it tells me that a lot more of these coins are being submitted to NGC than are being submitted to PCGS - almost 5 times as many. And two, it tells me that if NGC thinks a coin is worthy of the 70 grade - then they give it one. For apparently NGC, unlike PCGS, has no ulterior motive for not assigning the 70 grade.

Now I realize that you think there is another reason entirely, you think the reason is because PCGS is much tougher on grading standards than NGC is. If I am mistaken you may correct me of course.

Midas · 01-16-2007, 07:01 PM

Well...as they say on "The Factor", we will let the audience (market) decide.

What better indicator than with actual realized prices from the likes of eBay, Heritage,Teletrade and others?

**GDJMSP** · 01-16-2007, 07:10 PM

We've had that discussion before Midas, beat it to death even. But I still enjoy talking to you - always have - so I don't mind repeating myself again

It is my opinion, that the reason PCGS slabbed coins garner higher prices is because collectors have the same mistaken impression that PCGS has tougher grading standards - largely because PCGS hardly ever assigns the 70 grade.

Midas · 01-16-2007, 07:15 PM

OK...fair enough.

09S-V.D.B · 01-16-2007, 07:17 PM

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]Well...as they say on "The Factor", we will let the audience (market) descide.

What better indicator than with actual realized prices from the likes of eBay, Heritage,Teletrade and others?

Does the fact that PCGS 70's sell for more than NGC 70's mean PCGS is a more accurate/stricter grader? No. It only means the market perceives PCGS 70's to be more accurately graded (better, if you will) than equivalent NGC 70's.