I don't want to go through dealership to submit my coins and want to join a membership. However, I would like your opinion on better service from PCGS and NGC. I am more interesting to use NGC's service for two reasons. One: reasonable price on fees. Two: their slab have better designed than PCGS. However, people keep saying that PCGS is the king for premium price. Their membership is $10 more than NGC and their fees is higher than NGC. PCGS' mint errors fee is way higher than NGC. PCGS' time frame is longer than NGC in similar service categories. Does premium price graded from PCGS justify all fees and waiting?
You're going to get mixed answers. NGC has better custom service in my opinion, the slabs look better, and i like their tools and chat boards. So i'm for NGC. Plus they're located in sarasota, which isn't far from me
When you are a regular member of the ANA, you get coin submission privileges at NCS and NGC. If you are not currently a member of the ANA, then go to www.money.org and sign-up
Too bad you don't get vouchers for free submission . I'm an ANA member, and the ability to direct submit to NGC is one reason why.
I also recently joined the ANA and am looking forward to my first submission. I guess I have to call them to get a sumbission form bc I cant figure out how to do it online.
If you're expecting a premium based on the TGP slab, sadly to me, only those that don't know enough about collecting coins will pay more because they're essentially buying the slab with the opinion slapped on it, not the coin. You should never pay more for a coin because it's professionally graded. Are you intending to sell the coins that you're getting graded or keep? Because if you plan to keep, don't waste your time on either or any TGP, just keep the coins raw.
addendum - Have fun It would be nice to see photos of the coins you are considering having encapsulated. First, I would personally recommend that you join the ANA for all its privileges & benefits. I look forward to seeing your posts here at CT!
I believe that NGC has the better looking slab, and higher standards on grading Franklin Halves, but the toned market lies within PCGS currently.
Yes, maybe an opinion on grade. If your buying Ikes, I agree. Some coins are worth a bit more if they are looked at by experts who have verified their authenticity. If you are buying colonials, I'd rather pay up for a guarantee in authenticity.
For others its just a authenticity check. I guarantee that some chinese fakes can fool you me or even make experts like doug or matt look twice...
You are assuming that the coin would grade the same by both services. Often times, the reason a PCGS coin drives a higher price is because PCGS is more conservative in their grading of that series. In truth, you could end up with a lower grade by sending the coin to PCGS and the price of the lower graded coin might be less than that of the higher grade from NGC. Let me give you an example, PCGS is much more conservative in their grading of premium gem Jefferson Nickels. Please look at the 1959-D Jefferson Nickel PCGS MS66 shown below. This coin would almost certainly upgrade to MS67 if submitted to NGC. The PCGS Price Guide for this coin in MS66 is $125 but the last two PCGS MS66's sold at auction sold for $59 (this coin) and $89 respectively. The population in NGC MS67 is 16/0 and the only one ever auctioned by Heritage sold for $178 in 2003. From a value perspective, if submitting this coin raw, I would always submit it to NGC. PCGS has never graded a 1959-D Jefferson higher than MS66 and this coin meets the requirements for MS67 by NGC. The point of this exercise is that before you can choose which TPG is a better choice monetarily, you need to be able to predict how each company will grade that coin and comprehend the standards that each TPG applies towards the grading of the coin series. You have not even told us what your coin is, much less provide a photo. At this point, there is no way anyone can give you informed advice in response to your question. If you have a series that has common grading standards, I would choose NGC because I like the holder better. I am a toning enthusiast and toned coins look better when contrasted against the NGC white insert, IMO.
I think Paul covered it well - except for the slabs, I like the PCGS slabs(before the new clear tabs) the best. But toning on certain coins looks better in the NGC slab. So Paul covered your answer the best.
I find PCGS slabs way easier to crack open. One good hammer blow to the side and it's grab and go. NGC slabs require several blows and that white plastic is a pain to get out of there. I've actually cut myself with NGC slabs. Dangerous hobby!
You're doing it wrong. The hardest slab I have cracked is the small ANACS holder. NGC is one of the easiest. Crack the top, screwdriver down the sides...game over.
Hello everyone, I appreciate to read your opinions. It does weight my decision toward NGC more than PCGS at this point. I agree on your perspective on pros and cons between PCGS and NGC. One of you did asked me if I planning to keep or sell it? I planning to sell it after I have them graded. So far, what I am interesting in collecting coins is my birth year. Too many dates to collect, but 1977 look just right to start collecting. My first item to collected was 1977 Proof Mint set with DCAM. It's nice, but I am working on other coins. I have question regarding being ANA member. I checked their website and it didn't explain clear on which membership will allow me to submit NGC and what's benefit to be an ANA membership. Care to explain to me? Lehigh96, you asked me what kind of coins I planning to submit? Actually, it will be two piles of coins that I want to submit. One pile of coins with VAMs that will not recognized by either PCGS and NGC will goes to ANACS. The other pile of coins that I have contained regular coins and errors that I want to send either PCGS or NGC. NGC will be one for other pile of coins to be send out. Here's list of coins that I want to be graded by ANACS... (3) 1886 Morgan Dollar VAM7, VAM1I and VAM22 1890 Morgan Dollar VAM 29 (Die chip in "G") 1897 Morgan Dollar VAM 3A 1897-O Morgan Dollar VAM 6A (R-6) 1900-O Morgan Dollar Possible VAM 29A, but got feeling it might be somewhere in VAM 40-50. (ANACS can confirm it for me) 1900-S Morgan Dollar VAM 12 DMPL 1921-D Morgan Dollar (Can't find specific VAM for die break through left wing, will need ANACS research on this one) 1922 Peace Dollar (No VAM for doubled die that I saw) 1923 Peace Dollar (observe die break, "T" show shift through the line) 1935-S Peace Dollar (Look like dirt, but closed inspection showed grease in line crack) 1970-S Half Dollar Proof (Doubled die) 1974-D IKE Dollar (Peg Leg) (3)1972 IKE Dollar (Type 1, 2 and 3. It's interesting to find only three 1972 out of 100 IKE Dollar from my grandfather's collection and strike one of each type. How rare is that?) First pile of coins that will go to NGC for grading... 1922 Peace Dollar VAM 6 (The coin did meet all points as showed in VAMworld.com) 1964-D Quarter with gold toning 1971-D, (2)1974-D and 1977-D IKE Dollar (These coins are best coins picked out of 100 IKE Dollar coins, all of them have luster) 1880, 1889 and 1890 Morgan Dollar 1922 Peace Dollar 1998-D Jefferson Nickel with Full Steps Let me know if it's right picks for two different companies in their own strengths?
NGC has better customer service. PCGS is more respected in the hobby and coins in their holders bring stronger prices.
