I was wondering which company I should use to send some of my coins to get graded I've heard that certain coins should be sent to different grading companys. I was told that NGC is a better company to send gold coins to get graded and PCGS was good for quarters.Does anyone think this true.
IMO the abilities of the different TPGs with respect to the various coining metals or coin issues is strictly a perception, not a fact. IF there is a difference then I would chalk it up to the different grading standards used. (I know, this statement contradicts my first sentence. That's why I said "IF".) My preferred TPGs in order: 1. PCGS - They are perceived better therefore the sell for higher prices. Of course that means they cost more. 2. NGC - The equal of PCGS but considered second. My preferred TPG because as an ANA member I don't have to fork over the bucks to maintain a membership. 3. ICG - A greatly underappreciated TPG. They grade a lot of modern coins because of the lower fees. 4. ANACS - IMO overrated. But it appears that since the change of ownership a couple years ago they've really tightened up their standards. But remember the rule: Buy the coin, not the slab. Bottom Line: As for submitting coins, pick a TPG and stick with them. PCGS and NGC are the best because you will find them at all the major shows and that at least saves you S&H one direction.
.......there are many many collectors that send coins to tpg's until they get one that grades the coin the 'grade' that they wanted, finally.
...and also because they hand out a lot of 70s for the high grade coins. The same coin would commonly be 67-69 in NGC or PCGS plastic. The market knows this and ICG 70s trade for much less.
What do you mean by "better" ? Do you mean one company or the other is likely to giver higher grades for a given series ? ...or let a light cleaning slide ?
...But you can save a lot of time and hassle and just send it to SGS. You're guaranteed to get an MS70 or a PF70 every time!!!:goofer:
In all fairness, I would never send any coin to SGS for grading. They are open for business to the public now, but please be aware that I was joking. All reputable dealers know about companies like this, and you won't be fooling many people with their slabs.
Difficult question to answer without knowing what you collect and what quality/grade, etc. I collect Buffalos and Walkers and prefer PCGS for anything that is higher end. IMO, NGC has been looser on the high end for these two series and that is one reason (not the only one!) that PCGS coins go for more in the same grade. It would be unfair to assume that the above obversations apply across the board and to other series. I think they are both fine companies, each with strengths and weaknesses. I have little or no experience with ANACS and ICG and any others so I really can't give you advice on those.
My personal opinion based off the coins I collect and look the most at is PCGS, NGC, ANACs and then ICG. In that order. I personally think that for certain coin types PCGS is better and NGC is better for others. Now having said that I also think it is necessary for the buyer to learn to grade as best as possible - then you can pick out what like no matter who grades it. Just my humble opinion.
If your sure the coin is not going to be easily worth over $400, save your money. If your sure the coin is not going to be easily worth over $400, save your money.
??? Since the sale, or sales if you want to talk about the many changes in hand over the last few years, the grading has only gotten worse. When it was old ANACS in OH it was a really good company, and one that I used. Then it was moved to TX, and then to CO. Both moves have come with downgrades in the graders, and service. Speedy
I can't disagree with you. I cracked out a MS-64 (either NGC or PCGS) then later sent it to ANACS for a reslab (I had some freebies). It came back MS-62. I can confidently say "No way!"
I felt this way before the current NGC slabs. I don't like how the "fingers" extend over the obverse and reverse a little bit. That said, I have only ever submitted 2 coins to TPGs and both were sent to PCGS. However, I think both NGC and PCGS are fine companies and are basically interchangeable.
I didn't think they accepted submissions. Everyone I have ever talked to who tried always found that they were at maximum capacity and couldn't accept any coins for grading at this time...not that I would ever send one there anyway. I just always felt this was further proof that they were a self slabber.
