Hello all, I am very new to coin collecting (2 Morgan’s and 1 peace). I have been reading around, and all I see is bad news about the grading services. Are there any services that you ALL trust? Or do I have to pay for one of those $500 ANA classes and learn to trust my own judgment? Oh and how much do dings in the rim of a coin effect the grade? Say I have a coin that looks like a 60 except for a couple of dents on the rim. Would that make the coin a 50 or more like an 8?
Welcome to the forum. If you are going to seriously collect coins, you should learn about grading the series you are interested in. Right now, I would consider NGC to be the best grading company, followed by PCGS. Also, a lot of people like PCGS better, so you can get some good deals in NGC holders.
NGC is the best , after is ANACS and for those who want to sell after their certified coins, we have PCGS !!!!! if you see the same morgan with the same grade and both with the PCGS AND NGC or ANACS slab, you wil see that the PCGS will give you a higher value in cash!!! but for me, when i buy a certified coin, fist of all, i take a look of the coin but also the slab, i mean that the slab give you a better image with inside the coin. look the older slab of ANACS, it look like a profesionnal slab and with the new slab, it look like a "gadget" but i 'm still love the ANACS company!!!!!!
Hello RexLuna. I'm new myself but if you're into morgans and curious about grading maybe this site will help a bit. http://home1.gte.net/res05izg/morgan/grades.html
Hello Rex Repy to your Quote Donot trust any cion grading companys Ijust had an experience from one co from Colorado which has not returned my coin. BEWARE
Howdy RexLuna - Welcome to the Forum !! Yes there are grading companies you can trust - NGC & PCGS are the two most respected names. After them would be ANACS and ICG. You should never buy a coin graded by any other company unless and until you can grade accurately yourself. Do a search here on the Forum for grading companies and read the threads. There is a lot of information about them.
From my experience with both as to only opening them, I like PCGS better. They are thinner and have a better seal. the NGC ones are very think and just fall apart. Of course I don't like either one except to prove a coin is real. NGC obviously will slab anything from what I just saw at a coin show. One dealer had tow Merc's I wanted and were slabbed by NGC. Both stated cleaned and damaged. I think PCGS would have sent them back unslabbed.
I have certified and non-certified coins. you really need to learn grading. I found PHOTOGRADE to be a good start in my grading education. it is not as hard as some think. welcome and good luck,Norm
Really don't see anything wrong with that. Prevents those coins from being sold off as "original", unless of course they are cracked out. ANACS, ICG, NGC, and PCGS are the top 4 by far. I mostly buy slabbed coins to use in comparing against other unslabbed coins. Really helps with learning to grade. The ANA grading book doesn't hurt either Dents on the rim will certainly bring the grade down. By how much depends on how bad the dents are, rarity of the coin (or so it seems), and how strict they are that day.
Carl I believe you must have mistaken some other coin slab for an NGC slab as NGC simply doesn't do that.
No mistake. I really looked at those two because I needed them. Not just wanted them, but they were the last coins required to fill Merc Dime collections. They were both 42/41 and the price was out of reason so that is the only reason I didn't buy them. They were NGC, both stated cleaned, both stated damaged. One had a bunch of small dents on the obverse rim and the other had scratches on the reverse. I really checked them out carefully and was willing to buy one but the dealer, as I said, had them priced about double what they should have been. Again, yes they were NGC.
