Discussion in 'Coin Chat' started by Allan, Nov 10, 2012.
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Many will say PCGS and NGC are "top tier," with PCGS being the higher. This is because for many series they grade more strictly, which results in typically higher prices when the coin is sold. However NGC has a great reputation as well, so knowing what coins you have would help...
ANACS is a step behind those two, and I've heard ICG called "I can't grade." So if you're having your own coins graded, it's probably best to choose one of the other two. There may be a situation in which ANACS would be O.K., like if you merely want to authenticate 10 coins and need to take advantage of a deal they have going due to finances--I read about 10 for $130 or something like that.
AND I certainly defer to all those on this site who know so much more than I!
If you can get to a coin show with an ANACS rep set up there he can mail your coins to be graded for no shipping charge to you.
3 1/2 icg
I never said that! I can say they are the most inexpensive out of the top three. I have no idea on ICG pricing.
You will find numerous people that continually badmouth ANACS.
I happen to like them as a grading service for several reasons. The first is because I deal with the rep directly at a local monthly coin show.
Paul Joseph the ANACS representative has quite a good knowledge of coins. He will ship my coins to get graded for free.
I mostly do not sell any coins but just want to know they are authentic. For this I think ANACS is useful. There was a recent article about how ANACS found a fake 1934 Peace dollar.
If I were a dealer and my first concern was reselling at maximum value, then I probably would go with PCGS or NGC.
edited. Everyone's got one........
You're better off getting the PCGS photo grading book.
I think it's called "The OFFICIAL Guide to Grading Coins" or something similar. Also, get 7x or 10x loupe.
But I have been in business for 50 years and know how to grade. So I buy coins instead of slabs. But for most series, not all, PCGS slabs do bring more money. I think one reason is their grading does tend to be a little tighter and more consistent, for example in Lincoln cents.
But I have also seen examples where both PCGS and NGC miss the boat, and even miss the ocean it floats in. So many people rely on slabs instead of learning how to grade, and they miss major opportunities by that dependence. Top graders who can spot undergraded coins (or dealers who can spot overgraded coins) can make/save themselves a ton of money!
Learning to grade for oneself is the best investment in numismatics you can make. It is also a lifetime learning process. So start now!
Best Regards, :hail:
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