Which grading company to use.

i just buy Graded coins i never send them just buy them from Business i know who have good names and buy a pcgs or a Ngc. i do ms68 or better i resale the ms68 and ms69s and collected the ms70s for me.

 

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I see it the same and wish to add a bit.
PCGS is really tough on Lincoln cents. You really need to know what you are sending in, on your own. If they don't like it (not the normal look), they won't grade it. You get a holder but not a grade.

 

Thanks again guys for all the info.
Now since I have been reading a lot, I have another question. I see people on here who have a registry on either PCGS or NGC website. If I am going to try and collec a high grade set do I have to get them all from the same grading company to have them have me on the website. I was just wondering because I see some high ranking sets on there and if I did that in the future, does it have to be all with the same grading company.
Thanks

 

Would it be worth getting this one slabbed (may have to sell due to medical bills)?

 

financeman - Registry sets

PCGS allows only PCGS coins in, I think they feel they are superior
NGC allows both NGC and PCGS

So it depends on what you have/are getting if it's both then go NGC site but if not then you can do the PCGS one.
Good luck, have fun and remember that Rome wasn't built in a day and neither will your Registry Set.

 

Thank you for your response. I guess since I am going to be collecting for a while I will have to go with NGC. I would hate to see a coin I would love to have but since it is graded by NGC and I have everything else in PCGS, I would not be able to get it because it would not help with my registry set.
I guess the decision has been made. It looks like it was a toss up anyway from everyone here between the two. They both have there good points and bad. I guess that was the deciding factor.

 

You could still get it and have it crossed over (send it to PCGS) you'd have to pay and hope it grades as good
But I think the NCG route is a good way seeing you can put both in there as it sure makes it easier but then again in the long run a set all in the same holder looks awfully nice that way regardless of what holder.
When a set is all about the same grade in the same holder it just stands out.

I myself have set's in both NGC and PCGS but until my set is really done I"m not worried about what holder or even if it's in a holder because things my change on the set.
So for now NCG is fine with me!!

What you gonna collect is next for you

 

Would it be better to get everything in PCGS, Regardless?

 

My son and I already decided we are going to collect Lincoln cents. I have been reading everything I can on Lincolns so I can get as educated as I can on these coins. I personally just like the history of this coin.

 

Why do you say that?

 

Bad as I hate to say PCGS is the best.

With ANACS you worry if NGC will cross it,
With NGC you want to think (and prey) it will cross to PCGS,
If going for the gold ring in TPG companies it is and has been PCGS.
For most purposes if PCGS your coins are worth more, will remain worth more and will ultimatley be worth at the top of the ladder when traded or sold.
It will just have and keep more value because more value is built in to begin with, right or wrong, I'm trying to stay on thread today!

It's all dependent on series, grade, classic coin or not, population and about ten thousand other things. This choice PCGS is all a money thing but if that's your goal in the end that's the choice.

 

PCGS is like a boy's club...you have to be a member to submit coins to them and they think their stuff is graded the best.
Many people do just that and only collect PCGS coins.

NGC is more of a blue collar service and you just have to be a ANA member to submit there and like I said they will let anyone (being NGC and PCGS) into their sets.

If you listen to ldhair above PCGS grades Lincoln' tough so you might want to buy Lincoln's in PCGS but if you buy raw ones submit them to NGC. Really it's up to you and you will find the coins that you find. You will pick what you like and I suspect that regardless of the holder you'll get them.
This will end up with you first putting them on the NCG site. Now wether you later try to cross them over is a different story

These are just my opinions.

 

Wow, I never thought there would have to be so much thought going into were to have your coins graded. I never knew before I started studying how much you really really have to know about so many differant things when collecting coins.
I use to think it is just a coin and you just have to get one from each year to collect them but man, is that sooooooo far from the truth. This is very interesting and challenging hobby and I am so glad I have become addicted to it.

 

Two cents worth....

I use both rather equally since I compete on the NGC Registry. Both offer annual subscriptions including grading coupons and their prices are very similar. I do want to point out that the NGC slabs including the new edge-view do not do justice to circulated copper and I mean both to naked eye and photographs. Therefore NGC only gets uncirculated Lincolns and silver
from me and I send most higher value to CAC.

 

You are right plus the many facets to coins are like 10,000 of chapters in becoming a PHD in a subject. The thousands of books, your own book, 26 years in school and in the end only to be qualified to teach one single subject in the same school and to keep on learning.

A body could study just Lincoln Cents (even Lincolns for one decade) for 60 years and learn something new all the time. Like golf (which I avoid like the plague because I'm a addict in recovery) you can only contiune to get "a bit better" and you will never be great all the time. There's too much!
You can however take all this in your own degree of challenge in anyway you choose.

The sage advice always holds true though. Invest in books first then coins. Find an area you like, if it ain't fun move on. Know you will never know it all or even a fraction of what there is to be known but that doesn't matter - there's no contest here.

Thats why I stress books, and weekly magazines and study. There is just as much fun even if you never bought a coin it would be fun!
If you read Coin World for one year you will know 25,000 things about coins that you don't know now.
Have fun!

 

I was told the same thing by a bunch of differant members here and that is why the only coins I have bought so far are the ones in the rolls so I know I wont make a costly mistake since I am only paying face for them
So you would recommend me subsribing to coin world? I have bought numerous books so far but not any magazines.

 

For at me least, And again this is my opinion, Keeping everything
In the same house is your best bet!! If you have all PCGS why get
It graded at NGC??

 

My local coin dealer charges $40 per coin and that includes shipping, insurance, and the cost of slabbing. They also will make an offer on anything I want to have slabbed if I choose to sell it rather than slab it.

 

For me Coin World in "a must have". At $1 a week a person could never ask for a better bargin in coin knowledge.
Up to date in what is going on - who, what when and where. People, the auctions, the adds, many free things for the asking, articles on everything.
Yes, it's a bargin times ten!

 

AND... if you are adept at grading and know the particular series, there are bargains to be had with ANACS and ICG.

There are a lot of people drawn to use these two companies for whatever reason (usually specials/deals etc) and as a result you have many coins at an accurate grade which are reduced in price because of the fact that they are ANACS or ICG.

But, as I said, you have to know what you are doing..