why NGC coins do not cross to PCGS (a theory)

Discussion in 'US Coins Forum' started by WingedLiberty, Jul 18, 2011.

  1. thomas mozzillo

    thomas mozzillo Well-Known Member

    Thank you. I wasn't sure if it was the same coin or just a type. I need to pay more attention to the date of the OP. Not the first time I've done this. :shame:
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. leeg

    leeg I Enjoy Toned Coins

    In very technical terms of grading going from a Red Brown coin to a Brown is a downgrade.

    But when you consider the coin was in an ICG holder then crossed to a PCGS holder at the same grade, less the designation, the value has increased.
     
    baseball21 and GoldFinger1969 like this.
  4. baseball21

    baseball21 Well-Known Member

    For sure
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    Yeah, for plastic buyers it has. For people who buy coins - not the plastic - it hasn't changed a bit.
     
  6. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Touche !!! :D
     
  7. leeg

    leeg I Enjoy Toned Coins

    and what percent of the overall coin market might that be?
     
  8. David Betts

    David Betts Elle Mae Clampett cruising with Dad

  9. GDJMSP

    GDJMSP Numismatist Moderator

    Based on my observations over many, many years - the vast majority of the market are plastic buyers.
     
    leeg and wxcoin like this.
  10. Andrew McMenamin

    Andrew McMenamin Nerva You Mind

    I think the whole 3rd party grading/slabbing is a waste of time/money and a detriment to the hobby/profession. Part of numismatics is learning and acquiring the skills to accurately grade coins. I think slabbing will ultimately turn out to be a poor investment. Just my two denarii.
     
  11. baseball21

    baseball21 Well-Known Member

    That ship sailed longgggggggg ago. It's been basically 4 decades since the major ones and they weren't even the first. People were saying the same thing in the 80s, it's not a question anymore
     
    Santinidollar likes this.
  12. Tonkawa Bill

    Tonkawa Bill Member

    Beautiful... I prefer mine, blast white but would be proud to add that one
     
  13. Santinidollar

    Santinidollar Supporter! Supporter

    The marketplace has evolved to where slabbed coins have insurmountable advantages over most of their raw counterparts. Personal feelings or not, that’s the way it’s shaken out.
     
  14. GDJMSP

    GDJMSP Numismatist Moderator

    I've posted many times that the TPGs are the best thing that ever happened to coin collecting. And they are, they did more to - promote the hobby, encourage collecting, bring new people into the hobby, and help stabilize the hobby when it needed it the most than anything else has ever done !

    And that is why I find it so sad that they changed so drastically and threw all of that out the window purely to maintain their economic existence.
     
    thomas mozzillo likes this.
  15. Andrew McMenamin

    Andrew McMenamin Nerva You Mind

    Like all ships, they return to harbor some day; some with their cargo spoiled - time will tell. In the mean time I'll spend my money on ancients, not on pieces of plastic with someone else's "opinion" (read - NOT fact) on it.
     
  16. baseball21

    baseball21 Well-Known Member

    Exactly, the continual expansion of online market places and sales venues will only continue to increase those advantages as well. There's always going to be people who are unhappy with it and fight it as is the case with everything, but those will be fewer and fewer as time goes on

    That's like waiting for typewriters to replace computers, there's nothing to wait and see the case has been settled and grading has been constantly expanding for decades.
     
  17. Andrew McMenamin

    Andrew McMenamin Nerva You Mind

    Yawn.
     
  18. micbraun

    micbraun coindiccted

    Not really a true downgrade, as PCGS agreed with PR64. They merely changed the color designation from RB to BN.
     
  19. baseball21

    baseball21 Well-Known Member

    It's still a downgrade in terms of pure grade. As mentioned earlier the holder change is an upgrade, but with copper Red < Red Brown < Brown. Going RD to RB would be considered a downgrade, same with RB to BN
     
  20. micbraun

    micbraun coindiccted

    I am aware of this. However it’s just the color, which is even more subjective than the numerical grade. It could also have changed after the coin was graded by ICG...
     
    Last edited: Feb 9, 2020
  21. GDJMSP

    GDJMSP Numismatist Moderator

    It's a pretty good bet that it did change color after being slabbed. There are more coins in PCGS slabs designated R and RB that are no longer R or RB than you can count ! Same thing goes for those in NGC, or any other slabs too.
     
    micbraun likes this.
Draft saved Draft deleted

Share This Page