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<p>[QUOTE="Midas, post: 126373, member: 2761"]I have bought and currently own slabbed coins from all of the top TPG's (PCGS, NGC, ANACS, ICG) both sight-unseen (i.e., eBay, Teletrade, Heritiage) as well as those lower tiered slabs (PCI, SEGS) "seen-in-hand" at various coin shows. Actually, some of them (PCI, SEGS) have made great "crack-out" candidates. So...when I am buying, I am equal opportunity all of the way. Lately over the last couple of years, I have been saving my dollars budgeted for the major shows like F.U.N. and others. I have been concentrating on <u>quality</u> purchases over <u>quantity</u> purchases. With that in mind, I have taken advantage of SEEING the coin before I made the purchase. Even if the coin is raw, I had the luxury of taking that raw coin over to the TPG's tables where they have given me on-site grading opinions. I can't tell you the number of times I have taken a raw coin over to the likes of ANACS or ICG where they have made comments like, "nice whiz job...here let me show you" or "old dip that is retoning" or on the good side..."a strong 63". You should have seen some of the dealer's expressions when I came back (to return the coin) and told them what these guys said!</p><p> </p><p>Bottom line...it saved my butt and I would encourage all to take raw coins over to the TPG's at these shows (the big ones) so that you have a second opinion on your purchase/investment. </p><p> </p><p> <u>Only</u> if I am buying "sight-unseen", which I have significantly curtailed over the last couple of years. A coin slabbed by the likes of the top TPG's as a 1914-D EF40 1c carries a lot more weight that an eBay seller who sells it "raw" as an AU55BN. Actually, I would encourage all here to <b>NEVER</b> buy a key date coin RAW unless your grading and authentication skills are up to snuff. From the 4/24/06 Coin World article on Slabs: ..."It (slabs) has changed the business for the better. People are protected somewhat from the <u>vultures</u>. Today, if a better date coin is out there raw, it's a trap. There is something wrong with that coin."</p><p> </p><p> I closely watch the actual prices realized from all of the major online services and with an exception here of there, there is no question that PCGS realizes much higher prices than NGC which realize more than ANACS which realize more than ICG. This is NOT a spike in market indicators, but as I stated...if I submit, I will submit to the service that realizes the highest prices and is recognized by the numismatic community for their product and service. I started this thread because I wanted to determine <u>why</u> PCGS coins sell for more than NGC coins. Through my research, I found that coins graded by NGC in the high MS/PR grades appeared with <u>higher</u> <u>frequency</u> and <u>percentages</u> than PCGS coins (per POP reports). I felt this in <u>ONE</u> of the reasons that contributed to higher prices relaized by PCGS coins over NGC. When NGC awards 5, 10, 15, 20 times MORE 70 grades per total submissions than PCGS, the market has spoken. It is not my fault, it is the numismatic community who has deemed it as so. Is there an end in sight? I really haven't seen any indications that prices realized for PCGS coins over NGC coins have leveled off. Teletrade, eBay completed auctions and Heritage's prices realized links are a valuable tool for all. I would encourage all to use these market indicators to get a feel for what your coin is worth or how much you may expect to pay.</p><p> </p><p> Here, here...always open to good honest spirited discussions. :high5:[/QUOTE]</p><p><br /></p>
[QUOTE="Midas, post: 126373, member: 2761"]I have bought and currently own slabbed coins from all of the top TPG's (PCGS, NGC, ANACS, ICG) both sight-unseen (i.e., eBay, Teletrade, Heritiage) as well as those lower tiered slabs (PCI, SEGS) "seen-in-hand" at various coin shows. Actually, some of them (PCI, SEGS) have made great "crack-out" candidates. So...when I am buying, I am equal opportunity all of the way. Lately over the last couple of years, I have been saving my dollars budgeted for the major shows like F.U.N. and others. I have been concentrating on [U]quality[/U] purchases over [U]quantity[/U] purchases. With that in mind, I have taken advantage of SEEING the coin before I made the purchase. Even if the coin is raw, I had the luxury of taking that raw coin over to the TPG's tables where they have given me on-site grading opinions. I can't tell you the number of times I have taken a raw coin over to the likes of ANACS or ICG where they have made comments like, "nice whiz job...here let me show you" or "old dip that is retoning" or on the good side..."a strong 63". You should have seen some of the dealer's expressions when I came back (to return the coin) and told them what these guys said! Bottom line...it saved my butt and I would encourage all to take raw coins over to the TPG's at these shows (the big ones) so that you have a second opinion on your purchase/investment. [U]Only[/U] if I am buying "sight-unseen", which I have significantly curtailed over the last couple of years. A coin slabbed by the likes of the top TPG's as a 1914-D EF40 1c carries a lot more weight that an eBay seller who sells it "raw" as an AU55BN. Actually, I would encourage all here to [B]NEVER[/B] buy a key date coin RAW unless your grading and authentication skills are up to snuff. From the 4/24/06 Coin World article on Slabs: ..."It (slabs) has changed the business for the better. People are protected somewhat from the [U]vultures[/U]. Today, if a better date coin is out there raw, it's a trap. There is something wrong with that coin." I closely watch the actual prices realized from all of the major online services and with an exception here of there, there is no question that PCGS realizes much higher prices than NGC which realize more than ANACS which realize more than ICG. This is NOT a spike in market indicators, but as I stated...if I submit, I will submit to the service that realizes the highest prices and is recognized by the numismatic community for their product and service. I started this thread because I wanted to determine [U]why[/U] PCGS coins sell for more than NGC coins. Through my research, I found that coins graded by NGC in the high MS/PR grades appeared with [U]higher[/U] [U]frequency[/U] and [U]percentages[/U] than PCGS coins (per POP reports). I felt this in [U]ONE[/U] of the reasons that contributed to higher prices relaized by PCGS coins over NGC. When NGC awards 5, 10, 15, 20 times MORE 70 grades per total submissions than PCGS, the market has spoken. It is not my fault, it is the numismatic community who has deemed it as so. Is there an end in sight? I really haven't seen any indications that prices realized for PCGS coins over NGC coins have leveled off. Teletrade, eBay completed auctions and Heritage's prices realized links are a valuable tool for all. I would encourage all to use these market indicators to get a feel for what your coin is worth or how much you may expect to pay. Here, here...always open to good honest spirited discussions. :high5:[/QUOTE]
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An Analysis of POP Reports of PCGS and NGC 70 Grades...
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