PLZ, PLZ, Which TPG..........

Is the most accurate TPG, NGC or PCGS. Is there a difference? If so why? PLEASE participate!
I have neen buying NGC instead of PCGS simply because of SOME of the smart alec, arrogant pps at CU board. I have NOT run into this arrogance at CS board. Quite contrary. Everyone seems willing to help. I thought that the 2 companies were really close to the same level as far as grading and reliablity. So to sum it up, this being an independent board, I pose this question to CT members, because I value Ur opinions and I want to own ONLY coins slabbed from the same company. I know...A.D.D. or sum.
Thanks

 

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I have several slabs from both companies, but I feel that I've gotten a greater grading consistency over time with NGC. I do have one coin that I believe NGC overgraded, but the rest really look to be on the money. A couple might even be undergraded ? The PCGS slabs I have are nice too, but my experience has been that their assignment of grades has fluxuated a little more.

I actually like the newest ANACS capsule the best.

You are likely to get as many different opinions as there are answers to this question.....

 

Can you send in a coin to be graded ? Either to NGC or PCGS?

 

If u r a member u can send in a coin to NGC, not sure how PCGS works but prolly the same. OR....u can get a dealer 2 send it off 4 u.

BTW Thanks 4 Ur input BigsWick

 

i'm no coin snob.....

I can't tell the difference in a PCGS ms63 vs an NGC ms63.
I'd think the outfit with the most MS-PF 70 graded coins would be the looser of the two.....
My non- expert research on the subject, done by myself for awhile now on ebay, indicates PCGS coins of the same grade consistently sell for a higher price than the same grade of coin in another holder. Don't ask me why.... take a selection of slabs up to someone not into coins, and ask them which holder they like, I bet you do better than 8 of 10 for the PCGS.
i personally think the pcgs slab is more attractive.
fwiw.

 

IF...and that's a big IF, I am going to submit coins, I reluctantly prefer PCGS. A couple of reasons.

IF I had to sell the coin, I am more than likely able to obtain higher prices over the NGC slabbed coin in the same grade. Argue all you what, but the current market forces are in place and PCGS coins cost more to obtain and sell higher than the same coin in another holder. Blame it on registry sets, marketing, hype, or whatever. IF you are going to spend $20 to $30 slabbing a coin, you might as well use a service that is realizing better prices for that coin over other services.

As for grading, PCGS is right up their with NGC and ICG. Check out the latest rankings:

http://www.greysheet.com/

I like the ICG slabs with the Intercept Shield protection the best, but PCGS slabs are well made and serve purpose when it comes to protection.

I own coins from all 4 of the top services (PCGS, NGC, ICG and ANACS) and if I had to sell and liquidate my coins, I KNOW that PCGS slabs will obtain higher prices over the other services.

Case in point...look up any auction house like Heritage and search their prices realized for their past auctions. PCGS slab sell way more higher than the other services. Do I like it? Only when I sell. The free market has spoken,

 

I buy coins raw and slabs...but I have to agree with the grade...I know I'm not good at grading and I'm working on that but I have to be pretty certain that the grade is right.

As for what Co. to use...I have slabs by PCGS/NGC/ICG/ANACS/PCI--and I have picked up some of the others to look at and see how their slabs look....

I like NGC over PCGS...and I like ANACS over PCI and ICG....When I got my S VDB it was in a PCI slab but I was sure that it was graded right...I got home and looked at more of my grading guide and now I'm sure I did A OK...I think its graded right and IMO that is all that matters.

Speedy

 

You are welcome.

A short story:

About 3 years ago I sent off 2 Half Eagles and a Morgan to be graded by NGC. I had to go through the closest NGC member/dealer shop (a group of really nice people) who submitted the coins on my behalf. Their president is a former PCGS grader. He looked at my coins before they were submitted and told me what he felt they would grade. He was correct on all three coins.

 

Have they changed the look of their slab??

Speedy

 

Correct me if I am wrong but NGC seems to like to give the high grades to bright white coins and counts toning against the grade. As for Icg I had a wierd experience with them: I brought a cleaned 1932 s quarter to a coin show to be graded. The ICG guy tried to talk me into submitting it to ICG even though they do not cert cleaned coins and do not refund body bagged coins. The coin was obviously cleaned and he kept saying maybe it will get a grade. Anyway I brought it to the ANACS table and they certified it with a net grade. ICG are pretty dishonest.

 

Oh no, not to my knowledge, and I have an ANACS graded coin that was submitted and returned roughly 2-3 months ago. I think you mentioned in another post that you have ones even newer than that? I meant that I like the latest variant. I like the shape, label, hologram, and overall dimensions better than what I see coming out of NGC and PCGS. NGC's would be my second choice.

 

Are you sure it was a guy from ICG and not some guy trying to make you spend your money...I know ( through email ) one of the newer workers at ICG and IMO this will help them alot....I can't see them trying to get someone to send in a cleaned coin when anybody could tell it was cleaned.

Just wanted to make sure...yes I have sent in coins to ANACS since then...most people don't like the small size but to be the size doesn't mean anything...the thing that matters is that they grade right and such....

Speedy

 

It is my understanding that NGC rewards eye appeal (read as "beautiful toning") more than the other services. I've heard a number of people say that if they have a rainbow toned coin to submit that they would choose NGC every time.

 

I noticed above in the greysheet link that ANACS scored significantly lower than PCGS, NGC, and ICG. I've seen this before. Yet people here frequently list ANACS up there with the others. Is this respect for ANACS widespread or mainly an opinion of the members of this forum? Is it a good idea to consider ANACS one of the "Big Four" or is there really only a "Big Three" out there? This would seem to be important and I don't want to buy coins at full price from a TPG that deserves a discount similar to some of the other second tier companies.

Thanks.

 

I may be wrong but when I think of NGC I think of a case full of bright white coins (that is not a bad thing though).
I really do respect ANACS for the net grades.
As for ICG the guy he did try to get me to pay to send the coin in. Maybe he did not recognize it as cleaned but the ANACS guys easily spotted it. The ANACS guys at the coin shows are sharp and seem to know coins.

 

Man, Thanks a lot, I appreciate all the responses. I'm glad 2 see that most like NGC best as 95% of my collection is graded by NGC.
Midas, as usual, great post, I appreciate the knowledge. And Ur right I have noticed the higher price. Thanks to Roy and Speedy also. Thanks 2 everyone that responded, I love 2 read and learn from the GREAT PPS here @CT.

 

I did something similar. I have submitted coins to PCGS, NGC and ACCGS (I like their dual side grading). I asked an NGC grader what he thought five coins ranging from 1796 quarter to 1793 half cent to 1837 dime should grade. He was certain on all except the 1796 Quarter which he graded MS10 Or MS12. The graders themselves had numerous talks, comparisons, etc along the exact same lines. Luckily it returned with the magical F12. The Coin World test demonstrated that no TPG grades like another.

My problem with PCGS is their tendency to live up to their nickname - "Preferred Customer Grading Service" since they invariably match customer expectations..."Don't slab this unless it is at least MS63" By gollee! It's an MS63! LOL