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An Analysis of POP Reports of PCGS and NGC 70 Grades...
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<p>[QUOTE="gmarguli, post: 126355, member: 246"]Wow, I never realized it until now. PCGS <b>vastly</b> overgrades Lincolns in MS64, MS65, & MS66. </p><p><br /></p><p>David Hall once made a stupid comment (well, one of tens of thousands technically). He basically said that NGC coins are not allowed in the PCGS registry because they overgrade them and look at X coin in X grade. The pops showed many more in those grades at NGC than PCGS. This was his proof. My reply to him was to ask if he should exclude PCGS coins from the PCGS registry where the pops were opposite of above. He never answered. Perhaps his head exploded when he realized his logic was BS? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I take it you haven't been in coins that long. If you had been, you'd have known that the premium price paid "20 year run" doesn't exist. Premiums paid for a certain grading company have gone back and forth over the years. Care to explain that? </p><p><br /></p><p>Also, you may want to look at more classic coins. Moderns have always been in PCGS's favor since they've been grading them longer. As for what dealers say, well, when a customer isn't there the term used is "PCGS weenies". That's the term dealers use to call PCGS-only buyers. They laugh at them because the average one would buy an overgraded dog in a PCGS MS65 before they'd buy an undergraded gem in an NGC MS65. Trust me - they laugh at them.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>FYI, I think what you said above is true. Now, where is your flaw in the above?</p><p><br /></p><p>If the grading is that much looser at NGC, then why would someone want to submit them to PCGS to get worse grades? If what you are basically saying is true, wouldn't it be best to send the coins to NGC to get the higher grades? After all, isn't an NGC MS67 worth more than a PCGS MS66?</p><p><br /></p><p><br /></p><p>Don't look at how tight a service can be, look at how CONSISTENT they are. That's all that matters.[/QUOTE]</p><p><br /></p>
[QUOTE="gmarguli, post: 126355, member: 246"]Wow, I never realized it until now. PCGS [B]vastly[/B] overgrades Lincolns in MS64, MS65, & MS66. David Hall once made a stupid comment (well, one of tens of thousands technically). He basically said that NGC coins are not allowed in the PCGS registry because they overgrade them and look at X coin in X grade. The pops showed many more in those grades at NGC than PCGS. This was his proof. My reply to him was to ask if he should exclude PCGS coins from the PCGS registry where the pops were opposite of above. He never answered. Perhaps his head exploded when he realized his logic was BS? :) I take it you haven't been in coins that long. If you had been, you'd have known that the premium price paid "20 year run" doesn't exist. Premiums paid for a certain grading company have gone back and forth over the years. Care to explain that? Also, you may want to look at more classic coins. Moderns have always been in PCGS's favor since they've been grading them longer. As for what dealers say, well, when a customer isn't there the term used is "PCGS weenies". That's the term dealers use to call PCGS-only buyers. They laugh at them because the average one would buy an overgraded dog in a PCGS MS65 before they'd buy an undergraded gem in an NGC MS65. Trust me - they laugh at them. FYI, I think what you said above is true. Now, where is your flaw in the above? If the grading is that much looser at NGC, then why would someone want to submit them to PCGS to get worse grades? If what you are basically saying is true, wouldn't it be best to send the coins to NGC to get the higher grades? After all, isn't an NGC MS67 worth more than a PCGS MS66? Don't look at how tight a service can be, look at how CONSISTENT they are. That's all that matters.[/QUOTE]
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An Analysis of POP Reports of PCGS and NGC 70 Grades...
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