Holy .... NGC just took PCGS behind the woodshed!

Discussion in 'Coin Chat' started by C-B-D, Jan 17, 2017.

  1. KoinJester

    KoinJester Well-Known Member

    its prevalent here as the thread was discussing the pop numbers and Paul asked for a example
     
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  3. C-B-D

    C-B-D Well-Known Member

    I'm just saying that it is worthy of it's own discussion. Unreal how many times it was submitted before it upgraded.
     
  4. KoinJester

    KoinJester Well-Known Member

    Coinfacts are full of them,if one has time to comb through them inwhich I don't

    But by all means go ahead a start one
     
  5. Cascade

    Cascade CAC Grader, Founding Member

    Not really. It happens more times than one would think. Its all part of the game some play
     
  6. mynamespat

    mynamespat Well-Known Member

    I think the coin KoinJester linked is very interesting. It went from MS-64 to MS-68. That's an impressive leap in grade (about $14k worth).
     
  7. KoinJester

    KoinJester Well-Known Member

    The 64 is a different coin there are also 2 67+ that are different
     
  8. mynamespat

    mynamespat Well-Known Member

    ahhhhh, I was somewhat flabbergasted. ty ;)
     
  9. Camreno

    Camreno Active Member

    Who spends 37k on a coin? I mean if I had that kind of money to blow, I don't really think I would care about any of this!
     
  10. Cascade

    Cascade CAC Grader, Founding Member

    That's chump change to the guys that go after those kind of coins. Heck, a well known member on the CU forum spent over half a million on 2 coins the other day
     
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  11. baseball21

    baseball21 Well-Known Member

    Most of the public would ask who would ever spend a 100 dollars on a dime, it's all relative.
     
  12. eddiespin

    eddiespin Fast Eddie

    PCGS does better marketing, let's face it. NGC has just never got the hang of that like PCGS has. NGC is still "market grading," while PCGS has been "marketing grading."

    NGC is afraid of their crack-outs going to PCGS. That's tantamount to saying, NGC is afraid of PCGS's marketing. That's why this article.

    Who has the prettier girls at the shows, anyway? Well, there you go...
     
  13. baseball21

    baseball21 Well-Known Member

    Well looks like PCGS just fired back another shot. Risk free crossover special for the month of February.
     
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  14. Larry Pelf

    Larry Pelf Active Member

    Did anybody get a successful crossover last month...?????
     
  15. baseball21

    baseball21 Well-Known Member

    In the last 30 days they had over 5,000 attempted crossovers. They succeeded at a 41% rate
     
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  16. ldhair

    ldhair Clean Supporter

    Wow. Never knew these figures were open to the public. That's cool.
     
  17. baseball21

    baseball21 Well-Known Member

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  18. Seattlite86

    Seattlite86 Outspoken Member

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  19. imrich

    imrich Supporter! Supporter

    Can you cite any published data to support your assertions? I'm curious if the "cross-overs" are strictly from NGC to PCGS, or if they will review "slabbed" specimens from other TPG. I'm to understand they'll accept coins from other TPG for consideration, but haven't been able to locate a dealer who'll submit same, or consider removing from original slab for submission.

    I've notarized removed relatively expensive 4-5 digit value coins from their slabs, and had them submitted, receiving varying results from higher grades than the original to Gem coin being returned as "cleaned". I've discontinued submitting to them because of the perceived irregularities, delay time, and process expense, as there are now believed better means to document grading inconsistentcies. I'd rather just submit the coins in their slabs, and receive an opinion, than chance destruction of a valuable slab for a believed valueless return, if this is an option as I've seen published.

    If one knows of the means/process for random TPG slab submission to PCGS, and would care to share same by PM, the effort would be appreciated.
     
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  20. C-B-D

    C-B-D Well-Known Member

    The one thing you can't tell in those numbers is how many were NGC. I have a 50 coin order there now (a friend's dupes) with NGC, ANACS, PCI, and NTC. Should be ready today or tomorrow. I'll post results later.
     
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  21. baseball21

    baseball21 Well-Known Member

    The link I posted.

    I doubt anything but their internal data (if they even bother to keep it) would have a break down of what company they were from. PCGS does accept crossovers from multiple companies. NGC only allows PCGS coins for crossover but PCGS will allow cross overs from anyone, but when PCGS runs their crossovers specials it is usually limited to NGC/ANACS/ICG.
     
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