Prefered Grading Service

Discussion in 'Coin Chat' started by Mcreagin, Feb 1, 2012.

?

Prefered Grading Service

  1. PCGS

    15 vote(s)
    45.5%

  2. NGC

    16 vote(s)
    48.5%

  3. ANACS

    2 vote(s)
    6.1%
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  1. Mcreagin

    Mcreagin Member

    1. PCGS
    2. NGC
    3. ANACS

    Briefly explain why...
     
    Mcreagin, Feb 1, 2012
    #1 + Quote Reply
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  3. BioEtOH

    BioEtOH Member

    Yes, I've voted: NGC - my first and my ever love (No pun intended or hard feeling to PCGS).
     
    BioEtOH, Feb 1, 2012
    #2 + Quote Reply
  4. Log Potato

    Log Potato O_O

    None of them are perfect and holder dogs on occasion. I just favor PCGS.
     
    Log Potato, Feb 1, 2012
    #3 + Quote Reply
  5. Mark14

    Mark14 Star Wide Receiver

    i have 2 PCGS and 1 NGC coming in soon, after i see a slab in person ( these are my first ever slabs) i will have a better idea of the grading they use and how they differ,
     
    Mark14, Feb 1, 2012
    #4 + Quote Reply
  6. BUncirculated

    BUncirculated Well-Known Member

    Depends on what attributions and designations you want on the label for the marketing fluff.

    Whether you think DCAM is better than UCAM.

    One set of bell lines or two sets for an FBL.

    The list could go on and on.
     
    BUncirculated, Feb 1, 2012
    #5 + Quote Reply
  7. treehugger

    treehugger Well-Known Member

    How come there is no "write-in" space? My vote goes to Bob's Coin Grading in Hackensack, New Jersey (for no other reason than I like the catchy name.)
     
    treehugger, Feb 1, 2012
    #6 + Quote Reply
  8. jmon

    jmon Numismatist In Training

    My vote goes to PCGS. However, this question is akin to asking Ford or Chevy...
     
    jmon, Feb 1, 2012
    #7 + Quote Reply
  9. 3centcollector

    3centcollector Member

    i'm going with ngc I'm currently working in my american eagles set i'm getting ngc's ms69 but I have some more ngc's
     
    3centcollector, Feb 1, 2012
    #8 + Quote Reply
  10. Mcreagin

    Mcreagin Member

    Is one grading service preferred for certain types of coins?
     
    Mcreagin, Feb 1, 2012
    #9 + Quote Reply
  11. usc96

    usc96 Junior Member

    NGC for Gold and PCGS for Silver. Copper can go either way. :devil:
     
    usc96, Feb 1, 2012
    #10 + Quote Reply
  12. Coinguy56

    Coinguy56 Member

    While most of my slabbed coins are PCGS slabbed, I went with NGC. I always thought they were a little more consistent than PCGS. PCGS is still a top tier grader, but I've seen more over graded Morgans and Peaces in PCGS slabs than NGC. While with the same note, I've seen alot of under graded too. Plus I tend to like NGC's prices for grading and the designations a little better than PCGS.
     
    Coinguy56, Feb 1, 2012
    #11 + Quote Reply
  13. treehugger

    treehugger Well-Known Member

    I was under the impression it went along the lines of personal preference more than anything; like Coke or Pepsi, Pizza Hut or Papa John's, edited
     
    treehugger, Feb 1, 2012
    #12 + Quote Reply
  14. BioEtOH

    BioEtOH Member

    For me, it would be Coke, Pizza Hut, and edited :hail: (Sorry, I just gotta response to your post - too kewl to miss it :smile - thanks as well for your post on koala 2012 at Provident - I gotta get some of them)
     
    BioEtOH, Feb 2, 2012
    #13 + Quote Reply
  15. tdogchristy90

    tdogchristy90 Dieu et les Dames

    To me I prefer PCGS, I like their slab looks more than NGC. I've heard others say that the NGC slabs cover the rim of the coin? And I also feel all that hard white plastic detracts from the coin vs having a clear PCGS case. Anywho....I prefer PCGS, I like their look better. Different strokes for different folks.
     
    tdogchristy90, Feb 2, 2012
    #14 + Quote Reply
  16. GDJMSP

    GDJMSP Numismatist Moderator

    That depends on what you want and what you intend to do with the coin. Do you want the highest grade you can get, or the most accurate and conservative grade you can get ? People submit coins to both NGC and PCGS for both reasons. With some coins NGC has tougher standards, with some coins PCGS has tougher standards.

    So say a guy has a coin he wants to sell. He knows that with that series that PCGS is tougher than NGC. And he knows that the higher the grade is the more likely it is for him to get a better price. That's because he also knows that there are more plastic buyers out there than there are coin buyers. So he sends the coin to NGC where he will likely get the highest grade. You can of course reverse this story and have the coin sent to PCGS because on a given series of coins NGC is tougher than PCGS. So PCGS will assign the highest grade in that case.

    Then you have the other side of the story. You have a discriminating collector with a coin to submit. He wants only coins that are graded as accurately and conservatively as possible for his collection. He has no intention of selling this coin for many years. And he knows that with this coin NGC has the tougher standards, so he sends his coin to NGC. And you can of course reverse things where with a given coin PCGS has the tougher standards and the coin is sent to PCGS.

    Now, what most people don't realize is just how many other people there are who know the same things that I described above. Knowledgeable dealers know this. Knowledgeable collectors know this. Which is why both groups will completely ignore the grade on the slab and only pay attention to the coin.

    Unfortunately there are a whole lot more people out there who don't know this. And they pay an undue amount of attention to the grade on the slab and the name of the TPG for any of various reasons.

    Such is life.
     
    GDJMSP, Feb 2, 2012
    #15 + Quote Reply
  17. Mcreagin

    Mcreagin Member

    Thanks for the reply. I guess the only remaining question is, what coins to send to PCGS and what coins to send to NGC if i'm looking for the best possible grade.
     
    Mcreagin, Feb 2, 2012
    #16 + Quote Reply
  18. Mcreagin

    Mcreagin Member

    I prefer PCGS more than NGC slabs as well
     
    Mcreagin, Feb 2, 2012
    #17 + Quote Reply
  19. Lehigh96

    Lehigh96 Toning Enthusiast

    I think it would be interesting to compare the results of this common question over the years.

    NGC vs PCGS 2010

    NGC vs PCGS 2009

    My reason for preferring NGC has not changed: I like NGC because I think that rainbow toned coins look better against the white insert rather than the clear plastic of PCGS. I have run into many collectors that think just the opposite. But for me, the contrast from the color on the coin and the white insert really brings out the colors.
     
    Lehigh96, Feb 2, 2012
    #18 + Quote Reply
  20. GreatWalrus

    GreatWalrus WHEREZ MAH BUKKIT

    You need a "i have no idea" polling option :p

    But I like PCGS because of their free guides :D
     
    GreatWalrus, Feb 2, 2012
    #19 + Quote Reply
  21. Collect89

    Collect89 Coin Collector

    I still prefer the NGC holder for the same reasons mentioned in previous threads. I like the look of the NGC holders and the consistency I have witnessed in the NGC grading. I also appreciate the PCGS holder and the original small white ANACS holder. However, if I send coins for encapsulation, I normally send them to NGC.
     
    Collect89, Feb 2, 2012
    #20 + Quote Reply
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