Which coin grading service?

Discussion in 'Coin Chat' started by Christopher290, Aug 28, 2016.

?

Which grading service?

  1. PCGS

    13 vote(s)
    39.4%
  2. NGC

    10 vote(s)
    30.3%
  3. IGC

    1 vote(s)
    3.0%
  4. ANACS

    8 vote(s)
    24.2%
  5. PCI

    0 vote(s)
    0.0%
  6. NTC

    0 vote(s)
    0.0%
  7. SEGS

    0 vote(s)
    0.0%
  8. ACCGS

    1 vote(s)
    3.0%
  9. NNC

    0 vote(s)
    0.0%
  10. CAC

    0 vote(s)
    0.0%
  1. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Nope, this was FULLY documented at the time. The number of NGC show slabs plus PCGS show slabs FAR exceeded the total number of coins sold at the show. Since ANACS also accounted for a few, not many, and NGC required documentary proof of show purchase, it was mathematically impossible for many if not most of the PCGS "show slabbed" coins to have been bought there. It was fully documented by Coin World and CoinWeek, among others at the time.
     
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  3. baseball21

    baseball21 Well-Known Member

    And I bet the number far exceeded what sold at the mint locations as well. What that number doesn't and cannot account for is how many 69s were cracked out and resubmitted given the substantial premium the 70s had at first you could take a couple shots at getting a 70 and still come out ahead instead of just selling a 69
     
  4. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Again, nope. There were no, aka ZERO, show slab label crack outs. They had to be submitted between Tuesday and Thursday close of show, AT THE SHOW ONLY, and the first deliveries of actual show slabs to submitters happened on Saturday about 10 AM, well after the submitting window was closed. The ANA had put their foot down and stopped the madness by Friday morning. I was there, inside the matter. So no, crackouts can't help PCGS with this particular lack of integrity. Cripes, man, PCGS admitted it when approached about it! Funny how only two years erases some people's memory.

    Plus, both SilverTowne and Lee Minshull admitted flying in lots of them. Why? Because they could.
     
    Last edited: Aug 31, 2016
  5. baseball21

    baseball21 Well-Known Member

    I would need to see proof that 4 hour show grading wasn't available to believe there were 0 crackouts.

    It's not lack of memory it just doesn't bother me in the least bit. It was a label saying it was graded at a show, which it was. And either way the numbers don't add up with what was sold at the show and the branch locations
     
  6. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    OK, I was there on the second day @ the NGC booth 15m before the second day sales window opened. There was ZERO other traffic. Nobody hurrying to get their 1st day slabs regarded.
     
  7. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    There was only one tier of show label grading. It had its own fee structure and they had to all be on segregated forms.
     
  8. Browns Fan

    Browns Fan Active Member

    I have bought coins in the top two, but currently have only PCGS. When I spread my collection on the kitchen table, I like uniformity, although there is some variety in the holders. I also do the set registry on the PCGS website
     
  9. baseball21

    baseball21 Well-Known Member

    Eh oh well. Should write a letter to the mint then and see how so many people got theirs on the first day from ordering. The DC mint store only sold 300-350 and 287 of them ended up in NGC first day DC slabs. 396 ended up with a Denver Label and 418 Philly. If anyone was actually at those two locations would be curious to know how many those stores sold total and see if that would actually account for the ANA difference
     
  10. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Imagine if they had had big enough powerful enough drones. That close to O'Hare? Oh the humanity!
     
  11. Christopher290

    Christopher290 Active Member

  12. TJ1952

    TJ1952 Well-Known Member

    Kurt- So I received the box today For whatever reason, I wasn't expecting this type of box. It's a nice hard plastic box but a little to bulky for me. I have limited space. The slabs are stored at an angle, which I don't need. The box seems to have wasted space. Are these the same type of boxes you were talking about?

    S20160903_001.jpg S20160903_002.jpg S20160903_003.jpg

    I was just looking for something simple like this box for the old ANACS soap bar slabs:

    [​IMG]
     
  13. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Unfortunately yes, that's what I have - 4 of 'em. They also made a similar box that holds 36 of their thick 2x2's and I'm willing to buy all of those I can get.
     
    TJ1952 likes this.
  14. TJ1952

    TJ1952 Well-Known Member

    Okay, thanks Kurt!
     
  15. Christopher290

    Christopher290 Active Member

    interesting...
     
  16. TJ1952

    TJ1952 Well-Known Member

  17. ilLOminatus

    ilLOminatus Member

    I prefer NGC mainly because of aesthetics of the holder (PCGS next and ANACS the last). Grading consistency wise they are the same for my modern silver coins. Also because of the registry program now I'm leaning more towards NGC.

    Just some info. NGC will cross grade any PCGS slabs for you while PCGS will do both NGC and ANACS slabs. You still need to pay for the reholdering though ;)

    Cheers
     
  18. Christopher290

    Christopher290 Active Member

    Thanks!
     
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