PCGS or NGC????

Discussion in 'Coin Chat' started by coinnewbie01, Dec 16, 2008.

  1. coinnewbie01

    coinnewbie01 collector of things**

    I know that these 2 grading companies are the best on the market, but i was wondering if any of you had a preference of who to choose, who would you go with. i have about a dozen coins i would really like to get graded, and NGC seems to have the better deal with signing up. They offer more free submissions, and the price is a little bit cheaper. I Guess i was wondering how your experiences went with either company, and weather or not you had any horror stories??? thanks!

    :whistle:
     
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  3. Isaiah

    Isaiah New Member

    I prefer NGC. However, another nice alternative for a fraction of the price is MCCS.
     
  4. borgovan

    borgovan Supporter**

    Contrary to my fellow poster's opinion, I would not recommend using anybody other than PCGS, NGC, ANACS, or ICG, depending on the coin to be certified.

    If you're set on using PCGS or NGC, then it depends on the series of coin you want to have certified. In general, I think PCGS coins tend to bring a little more in the marketplace than NGC, but they are also more expensive.

    Also, the grading guarantees are different, so again, the coins you want to send in may make your decision for you.
     
  5. kanga

    kanga 65 Year Collector

    PCGS is thought of slightly better.
    But NGC is slightly easier to deal with.

    They are the best choices.
     
  6. Treashunt

    Treashunt The Other Frank

    Isaiah: Is this a joke? After your signature line about SGS?
    Nah, gotta be a funny or a typo.


    I agree, I prefer to have mine slabbed by PCGS, but I like to buy NGC.
    NGC is more conservative and (esp on Barbers) stricter.
     
  7. coinnewbie01

    coinnewbie01 collector of things**

    basically i have a nice run of early wheaties i would like to get slabbed. mainly i have a few 1909 vdb that i would grade ms64 rb, and a few other key dates that are in au55-ms60. i know pcgs holds a little more prestige than ngc, but i also heard that pcgs can be a bit of a pain to deal with at times.
     
  8. rzage

    rzage What Goes Around Comes Around .

    If I was selling PCGS , For just yourself NGC , PCGS has a good book on how they grade individual coins and couterfeit detection , I think NGC does to but I'm not sure . The PCGS book is a must have .
    rzage
     
  9. kanga

    kanga 65 Year Collector

    c3po?
     
  10. coinnewbie01

    coinnewbie01 collector of things**

    very good Kanga!!! Obi-wan has taught you well.
     
  11. coinnewbie01

    coinnewbie01 collector of things**

    i guess my other question which i should have posted earlier is, should i worry about slabbing my key dates, or just leave them be in my dansco album??
     
  12. kanga

    kanga 65 Year Collector

    I'm into NTN trivia so my mind is cluttered with info of that sort.
    In fact, tonight is the night my wife and I go to the Pub to eat, drink and play trivia.
    We call it "date night". This coming June will be our 40th anniversary.
     
  13. coinnewbie01

    coinnewbie01 collector of things**

    i too have a date night, with my girlfriend. it usually consists of me pushing the shopping cart at the supermarket, while i do a little dance to embarrass the heck out of her! she calls it "our date night".
     
  14. kanga

    kanga 65 Year Collector

    That is strictly up to you.
    Several things to consider.
    1. Do you think you need the added preservation protection that a slab affords?
    2. Do you think you need the coins authenticated and "officially" graded?
    3. Do you think they have enough value to merit slabbing? (I use the 10% rule: If the cost of slabbing is under 10% of what I feel the coin is worth, then I consider slabbing.)
     
  15. coinnewbie01

    coinnewbie01 collector of things**

    do i NEED to have it authenticated....no.
    do i NEED the extra protection......possibly. i was addicted to getting my comic books slabbed. there is just a comfort that comes with the added protection.
    is the cost at 10% of the value.....maybe not...more like 20-25%.
     
  16. borgovan

    borgovan Supporter**

    It depends on which key dates, and their condition.

    If you're saying it would cost 25% of their value to have them slabbed, you'll wait a long time to make that money back (I'm assuming a $100 coin and a $25 grading fee.)

    I wouldn't slab those coins.
     
  17. AdamL

    AdamL Well-Known Member


    What?
     
  18. Arizona Jack

    Arizona Jack The Lincoln-ator

    I find the PCGS book ( I have it ) lacking in the Lincoln area. The best Lincoln books on the planet are the David Lange complete guide, and the Wexler / Flynn Authoritative Referance.

    For grading, nothing beats experience, as any grading book will be general generic without referance to dates and mint characteristics. The Lange book is tops in this area.

    To get this grading expereince, learn the series and look at as many coins as you can in the 2 TPG holders. Then learn the series some more. I think this would apply beyond Lincolns to anything that you choose to collect.

    PCGS has a tendancy to market grade heavily and has graded many AU coins as mintstate, as they tend to trade above 60 levels, NGC does not do this so much. There are several threads about me and others crossing NGC 58's into PCGS MS holders....EDIT, the most recent is a MS62 PCGS SVDB , and yes, my website description mentions the crossover

    As for XF and AU coins, they are both the same, it's those ++liners that will get you confused. I firmly believe that the PCGS market concept is a detriment more so than the NGC.
     
  19. rzage

    rzage What Goes Around Comes Around .

    Congrats on you upcoming 40th , me and my wife are on our 28th .
    rzage:smile
     
  20. rzage

    rzage What Goes Around Comes Around .

    Always wondered if you could read them after they are slabbed , also there are many products as good or better than slabs for protection .
    rzage :):hatch::hammer:
     
  21. rzage

    rzage What Goes Around Comes Around .

    AJ , I'm sure for specialization A good book on the series is needed , but the PCGS book is a good general source on how they grade each series and has been quite helpful to me .
    rzage:D
     
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