PCGS, NGC or CAC?

One good thing from this whole discussion is that I am learning more and more that I truly don't need to be a member of any particular TPG... at least not just right now. I sent an email to PCGS asking if they're willing to offer an incentive (ie grading credits) for me to retain my current membership or if I should pursue other options on the table (ie their competition) if they are unwilling to offer anything. I guess I won't hold my breath for their response but I figured it couldn't hurt to reach out and see what they say!

 

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If you're seeing this on CU, it's full of PCGS fanboys. There's a tendency over there to discourage people from using the competition. I'm not believing that CACG is that much more likely than any other TPG to downgrade from MS to AU or Details, and certainly not from a handful of anecdotes. I'm more likely to believe that those coins should have been AU or Details to begin with because the original grader sucked at it. But why are they crossing these coins anyway?

 

Could be, but I think in all my years of reading message board threads/posts I can barely recall even one example of an NGC (?) coin being sent to PCGS and taking that kind of hit. Here you had a back-and-forth discussion on "what the hell is going on" where apparently the super-strict technical grading caught multiple people by surprise.

I guess even if you send in to CACG you can protect yourself by specifiying a minimum grade to cross or whatever they call it.

Not sure, no particular reason AFAIK. I guess they thought CACG might be nice to have and/or it would increase the prestige of some of their (trophy) coins ?

 

If you were looking for a company that grades a coin to higher levels then, I think that CACG intends to be that company, add a level of scrutiny needed to ensure that the public looks at them to be a strict grade. They will have their high dollar coins, and some dreck along the way. I as a coin collector expect 1 of the 5 to set a standard in the next few years. Just enough interest to spark the next generation of slabbing.

 

Who knows what lurks in the minds of the slab-obsessed. I'm trying to ascertain the logic behind crossing NGC or PCGS slabs to CACG when "the lore" says you're going to get a stricter grade. If you take your PCGS 63 trophy coin to CACG and get a 62 or even a 58, congrats, you possibly just knocked several thousand dollars off the value. If you specify a minimum grade, why are you bothering? What chance of getting an equal or better grade do you think you have by going to the renowned stricter grader? Sigh. It's probably not worth thinking about.

 

Sometimes it's the reality that you depended on more opinion than the coin.
We, yeah all of CT used to grade coins off of ANA standards.

 

Yes, 1977 published A.N.A. standards, who I've been informed that NONE use!

The current reason I'm currently generally purchasing PF/PR/MS 69-70
certified Gold Eagles!

 

How Ironic!

When CAC was established, after I called, and explained my collecting criteria and collection to JA, wanting to open an account, I was immediately approved!

I submitted to CAC through multiple high volume dealers, never direct.

I was generally always pleased, but surprised that so few coins received a "bean", but when received, the sales premiums were unbelievable!

My search/acquisition for CACed coins was exhausting!

When CACG was established, and I read reviews of the grading standards, I thought a coin graded by them probably wouldn't be in my collection of Gold Eagles!

I recently was astonished, seeing an offering of a CACG 1/2 oz. MS70 Gold Eagle @ ~13% above spot.

It should be an interesting experience to see what happens, after I purchased that coin!!

 

Baloney.

 

Why is it ironic?
That is not very logical.

Grading Standards? What are you referencing as support of your opinion and what is the Grading Standard?

Are you aware of or have knowledge of an established physical Grading Set for either entity? Have you seen the Set? What Grading Standards were used?


The rest of your opinion is affirmation of the intent of CAC and CACG that was envisioned and intended by the Founder when the intent became reality in late 2007: the purpose is NOT investment, the purpose is to benefit the collectors that participate in the Hobby, and logically this improves the financial aspect of the Hobby, that has consistently harmed the Hobby and Collectors for over a Century.

Help yourself, by visiting LS and/or JA or DD (Peak Rarities) @ a public numismatic hobby gathering, when you can.

I am certain you would then be ready to travel the Path Of Righteousness.

 

I wont confuse you with legalities of establishing THE independent standard which has been published, hasn't been challenged/determined as improper in any court, by competent representatives of a plaintiff, to be illegal.

There are multiple groups stating believed exception to THE PUBLISHED STANDARD, advocating group approval of their OPINIONS, but until contrary adjudication is completed, there is a believed singular universal legal standard, possibly in opposition to yours/others'.

ALAN HAGAR, who I'd have supported, had shown some reasoning of a differing standard, but it's difficult to please a crowd (i.e. DEF.: a large number of people gathered together in a disorganized or unruly way)!

I believe our discussion of NUMISMATIC STANDARDS is a futile sterile exercise!

Thanks for the expression of your limited understandings.

JMHO

 

Jesus....saamo saamo convoluted gobbledygobbledness.

Oh well, Thursday Night Football tonight, and a good matchup.

 

For a large independent wager, I would show that I respect your intelligence, and would show that you're merely acting as a foolish "Devils' advocate", my arguments being heard/adjudged by a competent individual, in an appropriate arena.

Whenever you are ready, P.M. me!

 

Congratulations, for showing the intelligence that is explained/defined by your "PROFILE"!

How can one discuss that amazing appropriate response.

Thank You!!

 

Let's please try to keep this discussion respectful. I was simply asking for advice as to which TPG I should consider in the near future. While I believe I have my mind made up (not entirely, but close to deciding), this seems to have devolved into a tit-for-tat that, quite honestly, I'm not even fully comprehending lol!

Please keep any responses here kind, courteous, and respectful. If you wish to start your own thread to toss (what seems to be) veiled insults at each other, please feel free to do so. But there is no need for bickering when a novice such as myself asks for help / advice in a topic I am not very well-versed in. Thank you, and I hope you all have a nice evening!

 

yeah, ANACS often undergrades. Maybe they are trying to be tough, but that big a difference from VF to AU, details or not, is pretty weird. It wasn't the first time I submitted an ANACS coin to NGC and had it come back with a better grade. One, if I remember correctly went from XF45 with ANACS to AU 58 from NGC, and that was a half Eagle! If you have some experience and a decent eye, it's worth watching for their mistakes (from ANACS) and resubmitting them to PCGS or NGC.

 

One of these days, I'll gather a bunch of my potential-details coins to submit to ANACS. Their willingness to offer a numerical grade to such coins has had my attention for a while. I'm just cheap and not overly fond of slabbed coins. There's something about actually holding the coin in your hand that feels different than a holder. But... I would send my pieces out to grade in hopes of possibly selling them so that I could get more (hopefully better) coins!

I'm also ok with very strict grading standards, especially if I am aware about it beforehand. That would be a package of only my best coins I could offer (outside of Morgan's... they're mine!) but even those have a chance at a details grade. This whole discussion has reminded me why I actually prefer raw coins. I like trying to fill albums, generally speaking, but also like to hold the coin. Plastic stinks. But... if I can sell a select few of my coins for a hefty profit, then I would be able to buy even more raw coins!

 

I/We owe you an apology if you are offended by believed inappropriate communication, although you stated: "I am not planning on sending any of them in for grading!"

I've tried to suspend any offense by requesting that any future personal suggestions be sent by a "PERSONAL MESSAGE".

You are correct that the seemingly immature messages/participants are inappropriate, might be removed to improve site viewing.

I sincerely apologize for any offense realized from me, and thank you for your proper posting.

Based upon the information posted by you pertaining to your coins, I believe your decision was the most correct choice at this time until you view graded "comps" to your coins!

Thanks for your time/input!!

 

It's water under the bridge at this point, but just to be thorough... apology accepted.

And I've got a few coins in mind that I would consider sending in for grading, but I was referring to my Morgan's not being sent in. I'm determined to fill out at least one of those albums (three is going to be painful) and slabbed coins don't fit so well into said albums. So alas, they're just going to have to look pretty in my books for a while!

And I am in no rush to join any grading company until I'm ready to actually send something in. Otherwise, I don't have much of a point to belonging to one. I don't have any particular "collections" I am tracking via any individual website / app, so my only desire for grading would be to eventually sell the graded coins. And that makes me sad a little bit. I like my coins, from the best example to the worst that looks like it was hit with an angle grinder. But I would be enabled to get more coins as replacement, so... yeah, I'm torn. LOL

 

If you are truly a collector, as I of 75 years, you dislike losing any coin from even a 6-7 figure count collection, as many took decades to locate and acquire.

Some being so valuable that you can't even insure properly for sending to a TPG who has assured authenticity by viewing photos.

I occasionally will assemble a collection for an associate, with each certified coin having a buy-back price label of a value less than established sales value at time of transfer, occasionally being informed of their R.O.I..

The older coins were gotten by me starting at 9 years of age by walking into a BM shop in my Catholic school uniform, offering my assistance for some pretty foreign window coins while walking to my school on the block corner.

The owner and I spent many wonderful years together locating "treasures" at coin shows!

My fine or less "culls", collected from circulated PM coin bags, were generally sold through magazines, or to Hannes Tulvig and other "dealers" many years ago.

Collecting tangibles can become a sickness that most wouldn't understand, so beware!