Who Said PCGS is Stricter than NGC?

At the recent FUN show, I dropped this coin off at our hosts for a crossover. It is a stunning, black and white cameo contrast, DMPL dollar graded by PCGS. I got it last year at Don Rinkor, and am incredibly pleased with the coin. PCGS graded it 65+DMPL.

Since my entire PL collection is in NGC holders (for obvious reasons), I wanted to cross this one over to match. I thought it would be a no-brainer - the coin is clearly PQ. And everyone knows that PCGS is stricter than NGC, right? (obviously, I'm not necessarily partial to this opinion - I truly think the coin is Plus material)

WRONG!

I got it back today, and the result was "Not Plus." So, it resides in its old PCGS holder. I still love the coin, so I have no intention to sell. I also realize that this is just one data point, and no conclusions can be drawn from it. However, realize that Plus at one company is not necessarily Plus at another.

 

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I believe @Mainebill would agree. The cameo is very nice.

 

def cameo

 

I said before Pcgs was hard on Toned coins Unless you had the coin sent though there Secure grading.
This a very nice Morgan Dollar.
Were the holder with this grade?

 

I think NGC is getting tougher... or they simply hate me. I submitted this bust dime recently, hoping for a VF30 - but it came back as VF20:



Looking at this PCGS VF25 dime I really don't know what to say...




Liberty's hair is "flat" and you can hardly tell that thing on the rev is an eagle. 25...? Really...?

 

Well said ! That the best way to get any coin graded.

 

This might be a stupid question from someone that is very new to coins but which grader has the better presentation. Whose holder looks best in terms of quality of the holder, coin playment in the holder, the description of the grade etc.

Obviously you buy the coin but assuming you have a raw coin in hand and could get the same grade back from either one which holder do you want to be looking at? selling later which one?

 

2 Reasons:

1.) I want to protect the (not-inconsiderable) amount of money that I have in the coin. I paid a Plus price for the coin, I don't want to be stuck in the position of selling it for a non-plus price.

2.) While I really like this coin, I'm not necessarily sold on it staying in my collection permanently. I am collecting for type, so if I see another coin that I like better, I'm not opposed to flipping this and getting something different. Eventually, I'll probably upgrade to 66DPL. When that time comes, I'll need to either sell or trade this coin - and I don't want to take a $1k hit because NGC doesn't call it plus.

 

For coins that are not Important Coins or from Important Collections, both PCGS and NGC will play it conservative when it comes to crossovers. There are several reasons for this.

1. It makes you look like the tougher grading service with the higher standards, and in so doing...
2. It makes the competitor look less competent.
3. It provides you the potential of additional grading fees for a coin if the crossover rate is just high enough to tease a submitter into trying again.
4. Many coins that are submitted for crossover are in crap holders, scuffed, hairlined, foggy, or the almost textured older NGC ones, and the coin is simply not as visible as it is out of the holder.

Take your pick as to which one(s) you think play the biggest role in the crossover exercise.

 

MS 66 DMPL? I don't think that would happen.

To many contact mark in field for MS 66 DMPL
but you could get lucky

 

All great points. I wonder how the grade changes compare on coins that are cracked out and submitted to the other TPG versus those that are left in the slab and submitted for a crossover.

 

No, I don't think it would get 66. But it is currently 65+ - all I wanted was a straight crossover.

 

That normally wouldn't happen unless your a Priority Client and that somsomeone like Heritage or Stacks that would happen. But 1 coin that bad odds.

 

Not to hijack the thread, but there was a discussion elsewhere about which forum had the best software. This one came up and I figured I'd take a look, and by gosh it does compare favorably to that of other fora. I had forgotten that I signed up so long ago that I had to go through a few gyrations to get my password reset.

 

You don't get around too much, Doug! I run into John at some of the other bars.

Chris

 

This is just my opinion, but I don't think this Morgan deserves a +.

Chris