POLL: PCGS vs. NGC vs. ANACS vs. ICG

it is a fact,if you know how to grade coins.:thumb:

 

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Noobish question that I know the answer however I want to make sure that what I am thinking is correct.

When you state buy the coin and not the slab, you are referring to the pay for grade of the coin and not just pay a premium because it's slabbed NGC/PCGS, correct?

As for choice...I really don't care which company does it as long as I can get a coin I am after for a reasonable price. In other words, if I can get a 1940 Lincoln Cent in MS65 for $25 (throwing the price out there) on an NGC slab and the exact same one on PCGS for $30, then I am going to go with NGC. THe prices should be the same no matter what grading company is n my mind. (hope that doesnt sound ignornant/naive).

-Shrek

 

Unfortunately, there are too many elitists who think that PCGS is the "be all, end all" of the grading services. That's fine with me! I'm glad that I can buy an NGC coin that is totally identical to it's counterpart in a PCGS slab for less money. I don't buy the coin for the slab. I buy the slab for the coin.

So, if we're talking about resale, and you're at a dealer's table at a show where he has an 1885CC $ PCGS MS65 for $1300 and an identical 1885CC NGC MS65 for $1175, which would you buy?

Chris

 

You wont have the cost if you submit them yourself!! And you
Will be able to sell them for more!!:secret:

 

I would look at the coin,and If I wanted a "real" MS65,chances are after looking at the coin,I would take the PCGS coin.If you put 2 coins side by side,and know how to grade accurately.you will see the difference.

 

Our you considering resale value here?

 

I agree, when buying Franklins with Full Bell lines, NGC has tougher standards for the FBL than PCGS.

 

Edited!

Sorry, Doug!

Chris

 

Try it for yourself sometime at a big show. You might be surprised.

Chris

 

I stop posting in this thread,as it is pointless.:headbang:

 

Doug, I realize that in real life it would be all but impossible to find two coins completely identical, but I inserted that to illustrate a specific point.

The only time I ever buy a coin because of the slab is when there is a mistake or omission on the insert, but then, I wouldn't be buying it if it wasn't for the coin.

Chris

 

Ditto!!:desk:

 

I am down on PCGS because they got rid of their copper coin color guarantee and reduced their liability for coins they screw up on. NGC and ICG are my favorites now, all things being equal and the coin is properly graded.

 

This is true for all grading of coins even when a TPG is not involved. Techical grade and superior for the grade are tow different things and the market/auctions reflect this.

 

Your grading skills be stronger

And

 

Hence the sentence:

And you are right that you won't have the additional premium of buying a PCGS slab. But what you will have is the grading cost and the cost of all the mistakes that raw collectors make (problem coins, overgrading etc.). In the end, only the most astute collector will have the advantage assembling raw collections.

I have always wondered something. Your knowledge regarding paper money and MPC's is at a very high level. From what I understand, PCGS is the clear leader in the grading of paper notes. Are you projecting your experience in the paper money world onto the coin world?