Holy .... NGC just took PCGS behind the woodshed!

Yea no way to tell as far as I know. Why not just crack the NTC slabs though?

 

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Just fill out the forum (you can do it online as well) with the cross over tier and select the minimum grade you you will take. The minimum can't be higher than what is on the current slab though. After that just send them in. Its a touch more expensive, but if they don't like it it'll come back in it's original slab so you won't have to worry about sending it back in somewhere else.

 

Because they were $1000+ coins if they crossed. If they went a grade lower they were 10 times less valuable. He didn't want to risk it.

 

Saw this article a few weeks back, and I was pretty surprised by such an attack. This has Miles Standish written all over it. He left PCGS last year for NGC, and while they're copying some of PCGS former exclusives (signatured slabs), Miles plays hardball. PCGS did respond to this article in a public dissemination which countered all of NGC writers' claims pretty well and "reaffirmed" their dominance in the market...as they see it. And I think they're right. The gloves are off!

 

I can see trying to chance that. Though I would also argue they were worth 10 times less already in NTC slabs, but if one does cross was certainly worth trying.

 

I've bought several coins in NTC holders and bid with the assumption they would grade two points lower if they were in PCGS or NGC holders. A couple probably would have been given a details grade based on questionable coloring. However, I did get an NTC slabbed nickel three cent piece that was every bit the MS65 grade it received. My winning bid was considerably lower than comparable PCGS and NGC winning bids over the past few years. I guess the point of all of this is that know how to grade because you may find a bargain third party graded coin or a lower valued details coin.

 

I bought a nice red indian cent ntc ms 67 it came back as a ngc ms 64 red. Awesome coin should have been a 65 but I got it cheap and wanted to play the game. I'd do it again if I could find the right coin.

 

Buy the coin...not the holder

 

I think it's a value range that get crossed over...from $100 too $900 get crossed $1,000 too $25,000 don't get crossed and $50,000 too $1,000,000 get crossed...It's a Crazy Game but what can you do when they have made coin collecting less important if you don't use them WOW..LP..!!!

P.S.
And if you have a NGC coin GOOD LUCK WITH THAT...LOL....!!!!!!

 

I've had upgrades from the other services to PCGS slabs, especially these days as they've loosened up in the last few years, they lost real talent. Plus if they are raw I might get some common MS coins into PR holders, lol, but then they are going to claim "mechanical error" if I go public.

 

We will see (with sumer smile) Ijust sent in #3 ..One of them is a DDO and it looks AWESOME the toning and the copper splash MAN and the V.D.B. is Gold sitting in the middle of a amber rose ring CAN'T WAIT TO SEE WHAT THE SLAB SAY LMAO...!!!!!

 

Do you have a link to their response by chance? Would be curious to read it

 

As long as the attitude

Buy the coin not the holder;
Sell the holder, not the coin.
​

exists, this discussion will never be resolved.

 

If memory serves me, it (link) was already posted earlier in this very thread.

 

That's a pretty accurate statement.

 

Exactly. However in the case of a cross over they have a better chance out of the holder unobstructed if it is one of the uncommon ones that's spot on. I was just curious why they weren't cracked since like you describe they really aren't going to get the grade jump price anyway in those holders

 

All of the NTC slabbed coins were bought with the assumption that I will crack them out and add to sets in Dansco albums. The exception was an 1865 3CN that looked too good to pass up at the price I paid at auction. I'll most likely crack it out at some time in the future and send it with other coins to NGC or PCGS. So far, the only other NTC slabs I've bought are early date small cents and Liberty nickels.

 

https://forums.collectors.com/discussion/974881/pcgs-grading

They also did a cross over special for a month as part of their response

 

Given this statement by PCGS in the above link:

"We can assure every collector and dealer around the world that PCGS has always been, and always will be, committed to providing the most accurate and impartial grading in the market."
​

Can someone explain to me how it is even within the realm of possibility that a PGCS graded coin can be resubmitted and receive a higher grade? If they give a coin a higher grade they're admitting that they screwed up and that the first grade was inaccurate, i.e., not [the most] accurate.

 

Most accurate grading means more accurate than everyone else. No one and no groups is going to grade every single thing the exact same every single time 100 percent of the time.