Message:

<p>[QUOTE=&quot;GDJMSP, post: 5583, member: 112&quot;]The biggest reason for the huge differences in prices that a coin in one slab brings over another is the publics perception of how that particular grading company grades coins. The key word here is perception.</p><p><br /></p><p>But there are other reasons as well. AGC was the first grading company as we know them today, but the marketplace did not accept them. PCGS was the first widely recognized and accepted grading company. Then NGC came along 3 yrs later. And as often happens - the newcomer struggles to to become accepted. NGC was started by PCGS employees - and partly because of this the public had the perception that PCGS was better because they were the first.</p><p><br /></p><p>PCGS also quickly moved into slabbing the modern coins - NGC would not do this for many years. In fact NGC has only slabbed modern coins for the past 2 or 3 years. This also caused the public and the larger portion of collectors, who collect only modern coins, to favor PCGS.</p><p><br /></p><p>The other primary reason for the disparity of prices is not so much marketing or advertising in my opinion, but word of mouth. The collecting community is a very tight knit group. And when one collector who is friends with another recommends one grading company over another - the friend tends to listen. It doesn&#039;t matter if what the one doing the recommending says is true or not - the other guy trusts his friend and that is enough. </p><p><br /></p><p>You see - as has already been mentioned - many collectors have the perception that PCGS has the toughest grading standards. This is simply not true. They are tougher than some of the grading companies - but certainly not all of them.A close examination of the standards will show anyone that.</p><p><br /></p><p>But for those who actually take the time to find all this out - an opportunity is presented. That being you can purchase a coin in another grading companies slab that is every bit equal and sometimes better than one in a PCGS slab - for less money. </p><p><br /></p><p>But as a general rule - the public does not recognize this. Their friend Joe says PCGS is better and worth more - so it simply must be so.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in