TPG'S. What A Joke.

Discussion in 'Coin Chat' started by bkozak33, Sep 19, 2014.

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  1. bkozak33

    bkozak33 Collector

    I sent 6 coins to NGC a few months ago, and they all came back in details slabs with various issues from scratched, artificial toning, to cleaned. I strongly disagreed with every one of them, so I sent them to PCGS. Every one came back with a grade. It goes to show that submitting coins is a crap shoot. How can I go 0-6 at NGC and 6-0 at PCGS? I dont have images at the moment for those that will ask.
     
    bkozak33, Sep 19, 2014
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  3. Treashunt

    Treashunt The Other Frank

    I have seen it before, but no 6-0 vs 0-6
     
    Treashunt, Sep 19, 2014
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  4. PennyGuy

    PennyGuy US and CDN Copper

    Remember, coins in PCGS plastic are worth more. :angelic:
     
    PennyGuy, Sep 19, 2014
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    coinzip, JPeace$ and BigTee44 like this.
  5. joecoincollect

    joecoincollect Well-Known Member

    Wow what a bummer. Sorry to hear that. It almost seems ngc might be more lenient with world coins, at least from what I've seen out there. Post some pics of the ngc and pcgs slabs when u can
     
    joecoincollect, Sep 19, 2014
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    bkozak33 likes this.
  6. micbraun

    micbraun coindiccted

    NGC has a beef with u? :-D
     
    micbraun, Sep 19, 2014
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  7. green18

    green18 Unknown member Sweet on Commemorative Coins

    Wow! What a change of events. Who'd o' thunk? Better man than me Bkozak. If that had happened to me I would have tucked my tail and moved on........:)
     
    green18, Sep 19, 2014
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  8. bkozak33

    bkozak33 Collector

    I was prepared to go down with the ship.
     
    bkozak33, Sep 19, 2014
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  9. rickmp

    rickmp Frequently flatulent.

    You should demand a congressional investigation.
     
    rickmp, Sep 19, 2014
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    John Anthony likes this.
  10. green18

    green18 Unknown member Sweet on Commemorative Coins

    And why not? They investigate Baseball but not the NFL....... devil.gif
     
    green18, Sep 19, 2014
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  11. bkozak33

    bkozak33 Collector

    I dont want to be forced to open my books
     
    bkozak33, Sep 19, 2014
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  12. bkozak33

    bkozak33 Collector

    Does one bad apple spoil the bunch? I sent the coins to ngc as part of a group submission through my lcs. Is it possible some of the other coins in the group were blatantly artificially toned or cleaned, and ngc just junked all the toned coins in the submission? I sent the 6 coins to pcgs by themselves under my account.
     
    bkozak33, Sep 19, 2014
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  13. green18

    green18 Unknown member Sweet on Commemorative Coins

    I'd hate to think that. I'd hate to think they'd judge coins on a general level rather than taking in the individual means. You sayin' they 'prejudiced' dear fellow? What were the other coins submitted in the shipment?
     
    green18, Sep 19, 2014
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  14. bkozak33

    bkozak33 Collector

    I dont know what else was in the submission. Im just throwing out a possible explanation.
     
    bkozak33, Sep 19, 2014
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  15. geekpryde

    geekpryde Husband and Father Moderator

    @Mainebill has been having the opposite problem. I guess the TPG have a naughty-and-nice list, but its secret. You need to submit a bunch of coins and see which one your on, and then try the other. ;)
     
    geekpryde, Sep 19, 2014
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    Morgandude11 likes this.
  16. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I've written this before . . . both services have grading standards, and their graders revisit those from time-to-time. The problem is that they likely only recalibrate when it becomes obvious that they need to . . . in other words, when their assigned grades drift too far from their standards.

    I have observed both PCGS and NGC "leapfrog" each other several times, in terms of both being most conservative at one time, and most lenient at another. This should concern us, but not surprise us.

    Over a year ago, I wrote that NGC had apparently tightened up a lot, as they suddenly seemed far more strict than I could ever recall them being before . . . almost like flicking a switch. That abrupt kind of change doesn't occur accidentally. It probably resulted from a change in policy after a rash of complaints from the marketplace.
     
    ToughCOINS, Sep 19, 2014
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    BadThad, geekpryde and JPeace$ like this.
  17. torontokuba

    torontokuba Thread Crapper & Hijacker, TP please.

    I'm not sure I believe you, that is ridiculous. I'll wait for the photos.
     
    torontokuba, Sep 19, 2014
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  18. bkozak33

    bkozak33 Collector

    I dont have photos of the detail grades of NGC. It certainly did happen though.
     
    bkozak33, Sep 19, 2014
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  19. xGAJx

    xGAJx Happy

    I believe you, but only because my mood is "educated"
     
    xGAJx, Sep 19, 2014
    #18 + Quote Reply
    ToughCOINS and Endeavor like this.
  20. jwitten

    jwitten Well-Known Member

    I just got the grades for 20 gold Indians I submitted, and 6 were "cleaned." Most the others graded MS. They all looked the same to me!
     
    jwitten, Sep 19, 2014
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  21. geekpryde

    geekpryde Husband and Father Moderator

    I believe you, there is no reason to lie. But for the skeptical, you could post your NGC results / invoice, and just censor any personal info.
     
    geekpryde, Sep 19, 2014
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    razorblaydesjr likes this.
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