which is the best grading company?

hello,
I want to know what you think is the best (most reliable) grading company out of these 3: PCGS, NGC, or ANACS.

 

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Most reliable (which I interpret to mean "consistent")? NGC, in my opinion.

PCGS is overall more conservative and their coins typically fetch more money in the same grade holder, but that's not what you asked.

What coins, specifically, are you interested in -- because the answer may vary by series/type?

 

I prefer PCGS... nicer slabs, fetch better prices.

 

submitting coins to grading companies is as reliable as buying coins from eBay?.... a crap shoot!

 

I'm partial to the new NGC holders myself. The "edgeview" holders I think they're called. With the other type of NGC holders I defiantly prefer PCGS. ICG=yuck slabs. Never have had a new ANACS holder, but I don't like the old small ones.

 

Either NGC or PCGS it doesn't matter to me , I'm looking at the coin not the holder , If you look at Heratige auction results it really doesn't matter what slab it's in can be in an ANACS slab and fetch more money if the coin is better . But if you want to know going blindly in PCGS is tougher on coins
than NGC especially on toned coins .
rzage

 

My knowledge of Lincolns tells a different story. While there may be the rare exception, on Heritage PCGS handily beats out NGC and ANACS by a long shot when it comes to auction prices realized. That doesn't mean a PCGS 67 is a better 67 than the others, but there sure as heck is that perception with bidders at the auction houses.

 

As you can see there are a variety of reasons to pick one and it usually boils down to a personal preference. I like PCGS best, but that does not stop me from buying NGC or ANACs coins.

 

Well, for my Morgan set, I want nothing but PCGS slabs. I'll buy an NGC or ANACS coin if I'm confident it'll cross in the grade I'm looking for and I get it cheaper enough to justify the cost of crossing it over. I don't like sets that have different slabs and stuff... it just doesn't look as good to me... and the whole reason behind me buying these coins is to display the set someday.

 

Agree PCGS!!

 

Don't you mean submitting problem coins?

Chris

 

There will always be those who prefer PCGs and those who prefer NGC. If you talk to a VAMmer, they prefer ANACS. No one can say with 100% certainty that either PCGS or NGC is more conservative or looser in their grading. The people who believe in PCGS because they get higher prices in auctions don't realize that not everyone is submitting only to resell the coin. So, for the collector who is just looking to build a collection, you also have to consider that it costs more to submit to PCGS than it does to NGC. I submit to both, but I prefer NGC because they have the best customer service. I don't give a damn what my coins will get at auction because it won't be my problem. I'll be dead!

Chris

 

SGDCGS

spockGD coin grading service our tagline is coins are AU MS is a fantasy

 

I've been looking at the 2009 Lincoln commems ,proof and uncirculated sets and asking prices for pgcs 70 grades are north of $400 and you can get the ngc's for $250. Why should I pay $150 more for the same quality? Will both appreciate at the same rate or will the pgcs grow quicker? To me investing $250 to make say a $50 profit down the road is better than investing $400 to make the same profit down the road.

 

Just my 2 cents.....I prefer PCGS for the reasons listed above, as well as in the colonial market (I am a colonial coin dealer) the PCGS market is significantly more collected and valued by collectors. From what I have seen, NGC can be all over the board with older copper coins when compared to PCGS. (Of course there are some obvious raised eyebrows with both services on these coins) The comment by blitzen above seems to suggest the market agrees that PCGS is the more reliable service...(i.e. the market is suggesting you are not paying more for the same quality, you are paying more for a true quality but that is not my area of expertise)

Again, just my 2 cents.

 

That makes sense and thank you taking the time to explain why the difference in market value is so far apart. That said, doesn't it make sense to buy a coin for 40% less through NGC? Why would I care if it made $50 selling it at $300 or $50 selling it at $450....actually I like the lower out of pocket investment, wouldn't you?

 

naaaaa I am talking about the actual grade that will come back..

 

How do you know you are getting the same quality? And if you can tell a 70 you should be buying raw and getting a coin graded. Save lots of money. Plus there is no guarantee you will make profit. I am not poking fun at you or the reason to buy ngc, but most people can't tell a 69 from a 70 - including me and my local dealer. So save even more money and get a 69 coin. Then remember that when you go to sell you don't want to go to a dealer - they pay bullion prices for modern issues. I think their are a few exceptions, but most are bullion prices. As a matter of fact I think my local shop is currently paying the same for proofs - raw or pcgs graded. The business strikes are flat bullion prices - even a 70. Just a humble thought or opinion.